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Saturday, March 26, 2016

Here To Stay: How Indian-Born Innkeepers Revolutionized America's Motels : NPR

Here To Stay: How Indian-Born Innkeepers Revolutionized America's Motels : NPR: In midtown Manhattan, 48Lex towers over the crowded street at its feet. The high-rise, luxury hotel offers a singular experience — serving complimentary wine at happy hour — but it's just one of 52 hotels owned by Hersha Hospitality Trust.

The company, named for founder Hasu P. Shah's wife, grew from modest origins. At one of the family's first properties, the 23-room Red Rose Motel in rural Pennsylvania, Shah and his family lived behind the lobby.

Low inventory puts squeeze on first-time home buyers in Greater Boston - The Portland Press Herald / Maine Sunday Telegram

Low inventory puts squeeze on first-time home buyers in Greater Boston - The Portland Press Herald / Maine Sunday Telegram: Evan Wondolowski was ready to buy his first home more than a year ago. He offered 5 percent over the listing price of a small two-bedroom condominium in Jamaica Plain and started planning where the furniture would go in his new place.

Dallas’ richest man, Andy Beal, buys landmark Trammell Crow estate | | Dallas Morning News

Dallas’ richest man, Andy Beal, buys landmark Trammell Crow estate | | Dallas Morning News: The Highland Park estate of legendary developer Trammell Crow has quietly changed hands.

Why this luxury real estate market isn't like most others

Why this luxury real estate market isn't like most others: History suggests that as Wall Street goes, so do sky-high real estate prices in the Hamptons, the ultra-wealthy enclave that lies east of New York City.

Boulder and Grand Junction housing markets at risk, index warns - The Denver Post

Boulder and Grand Junction housing markets at risk, index warns - The Denver Post: Warning signals are starting to flash for housing markets in Boulder and Grand Junction, but for different reasons, according to a report from Nationwide Economics.

Nationwide puts out the Leading Index of Healthy Housing Markets, which attempts to measure risk going forward in 400 housing markets across the United States.

Grand Junction suffered the third-worst deterioration in its index score, compared with all 400 cities measured in the fourth quarter. Boulder suffered the ninth-worst decline.

Demand For Housing In China's Heated Property Market Is Real - Forbes

Demand For Housing In China's Heated Property Market Is Real - Forbes: The real estate markets in some of China’s major economic centers have again heated up, with extreme price increases being seen in Shanghai, Shenzhen, Suzhou, and in some parts of Beijing. With government controlled purchasing restrictions looser than they have been in the past decade, many home buyers are jumping in fast, as though afraid, as JLL’s Steven McCord put it, “of missing the boat.”

KB Homes CFO perfectly summed up new housing crisis - Business Insider

KB Homes CFO perfectly summed up new housing crisis - Business Insider: As opposed to the last housing crisis, in which supply was too abundant, this one will be defined by rising prices because of there not being enough homes.

Cubas sustainable agriculture at risk in U.S. thaw - EconoTimes

Cubas sustainable agriculture at risk in U.S. thaw - EconoTimes: President Obama’s trip to Cuba this week accelerated the warming of U.S.-Cuban relations. Many people in both countries believe that normalizing relations will spur investment that can help Cuba develop its economy and improve life for its citizens.

But in agriculture, U.S. investment could cause harm instead.

Farmland investment for successive success | The Land

Farmland�investment for successive success | The Land: WHILE the ongoing tender process between the big guns for the S. Kidman and Company pastoral empire continues to fuel industry speculation and debate, things are stirring on the “family farm” property market scene.

After several years of marking time, and even going backwards in some places, rural property values are heading north again, driven by a new mood of optimism mostly a result of much-improved markets for cattle and wool.