Local prices fall 2.7 percent in February, Standard & Poor's/Case-Shiller numbers show, but only two cities ? Charlotte, N.C.; and Portland ? top Seattle.
Source: Seattle Times
Tags: real estate news mortgage news seattle real estate
A Pennsylvania developer and a Wilmington landowner have an agreement about building a hotel near Wilmington's riverfront. International Marketing/Hionis Hotels, of Concordville, and Harbor Associates have signed a letter of intent. Company officials said the letter means they have an understanding to begin the process of building a hotel on 3 acres near the Center on the Riverfront on Justison Street.

Source: Baltimore Sun - Real Estate
Tags: real estate news mortgage news baltimore real estate
Tribune Co., parent company of The Sun's publisher, Baltimore Sun Media Group, said yesterday that it has finalized the $175 million purchase of eight former Times Mirror properties. The purchase includes Baltimore properties where The Sun is produced as well as properties used by Tribune-owned newspapers the Los Angeles Times, Newsday and the Hartford Courant . The company said the purchase enables Tribune to eliminate $24 million in annual lease payments.

Source: Baltimore Sun - Real Estate
Tags: real estate news mortgage news baltimore real estate
General Growth Properties Inc. unveiled its plan for downtown Columbia last night, with redevelopment ideas that include a skating rink, new office, retail and hotel space and walking routes from The Mall in Columbia to the lakefront and Merriweather Post Pavilion.

Source: Baltimore Sun - Real Estate
Tags: real estate news mortgage news baltimore real estate
'Worrisome' trend most severe in West
The percentage of vacant homes for sale nationwide reached a record high in the first quarter, the government said yesterday.

Source: Baltimore Sun - Real Estate
Tags: real estate news mortgage news baltimore real estate