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biz.yahoo.com
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MADRID, Spain (AP) -- The bubble that was once Spain's red-hot property market has emitted its loudest pop yet: a real estate company that symbolized an era of easy money sought protection from creditors Tuesday in the largest such filing in the country's..
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biz.yahoo.com
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State and local governments were flush with tax revenue during the five-year housing boom. They pulled from bulging pools of property, income, and sales tax to expand education, law enforcement, health care, and infrastructure programs without needing to..
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biz.yahoo.com
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BALTIMORE (AP) -- Baltimore's use of eminent domain and high property taxes have caused residents and businesses to leave the city, according to a report by a Loyola College economist.
The city's policies -- especially in the developing Charles Center ne..
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biz.yahoo.com
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TRENTON, N.J. (AP) -- An Assembly committee Thursday advanced New Jersey's $32.8 billion budget amid criticism the cost-cutting proposal would cut property tax rebates and hospital aid.
The Assembly Budget Committee cleared the proposal for a Monday vote..
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ALBANY, N.Y. (AP) -- Gov. David Paterson, buoyed by a poll that shows three in four New Yorkers support his property tax cap proposal that's getting no debate in Albany, tried to turn up the pressure on the Legislature Tuesday in the session's waning days..
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biz.yahoo.com
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NEW YORK (AP) -- An analyst said Monday that real estate investment trust stocks may be overpriced, especially as property fundamentals weaken amid a soft economy.
David Harris of Lehman Brothers noted that year-to-date REITs have performed well even aga..
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biz.yahoo.com
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TRENTON, N.J. (AP) -- New Jersey Gov. Jon S. Corzine on Thursday said property taxes and tuition may soar and hospitals close if the state doesn't raise more money to solve fiscal woes, but a key senator said relief from the nation's highest property taxe..
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biz.yahoo.com
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LONDON (AP) -- A few months ago, the British economy was sailing full steam ahead.
Foreign funds flowed in, investment bankers pocketed record bonuses and ordinary Britons used soaring property prices to fund luxury spending. London was being touted as a..
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BATON ROUGE, La. (AP) -- An effort to take possession of thousands of lots from Hurricane Katrina victims who chose to sell their property to the state has run into numerous problems -- including the eviction of 50 people who claimed they still own the pa..
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biz.yahoo.com
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Walking around London's financial district is like touring a construction site. Giant cranes dot the skyline around St. Paul's Cathedral as workers busy themselves putting up the latest additions to Britain's long-running boom in commercial property.
But..
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biz.yahoo.com
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MADRID, Spain (AP) -- The phones don't ring off the hook any more at Spanish real estate offices, once the beneficiaries of a sizzling property market. In fact, they hardly ring at all.
Sharply higher interest rates, a glut of homes and newly jittery ban..
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biz.yahoo.com
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WHITE PLAINS, N.Y. (AP) -- County property taxes on Westchester homeowners would go up 4.7 percent under a 2008 budget proposed Thursday by County Executive Andrew Spano.
Spano said at a news conference that much of the tax hike was caused by a jump of m..
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VIENNA (Reuters) - A big overhang of property will bring U.S. house prices down further, but it is too early to say if the economy will plunge into recession, former Federal Reserve chief Alan Greenspan was quoted as saying on Friday.
Greenspan said in..
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