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Masonry saws handle any cut

By Paul Bianchina, Thursday, April 26, 2007.

If you've got a piece of wood to cut, chances are pretty good that you have a saw sitting in your garage that's more than equal to the task. But what about those pavers for the new patio? Or the bricks for the walkway, and the ceramic tile for that new bathroom floor?

For those tough jobs, you need the specialized power and accuracy of a masonry saw. Masonry saws come in a variety of sizes and styles, from small portables to bruisers capable of slicing through 10-inch concrete blocks in one pass, and can be purchased or rented depending on your needs.  more...

Home for sale: Rose garden not included

By Robert Bruss, Thursday, April 26, 2007.

Editor's note: Robert Bruss is temporarily away.  more...

Snagged in Calabasas

By Inman News, Thursday, April 26, 2007.

Calabasas Center, a 30,354-square-foot office complex in Calabasas, Calif., recently sold for more than $8 million.

Kasco LP & Kasco Charitable sold the two-building property to 26540 Agoura RD LLC.

The facility, located at 26540-26560 Agoura Road, was fully leased at the time of sale by multiple tenants.

Lee & Associates/La North Ventura Inc. represented the buyer in the transaction, while Marcus & Millichap represented the seller.

JV sheds space near Dulles Airport

By Inman News, Thursday, April 26, 2007.

A joint venture has sold the Monument III office building in Herndon, Va., for approximately $54.6 million.

Apollo Real Estate Investment Fund V and Monument Realty, the project's developers, sold the 193,000-square-foot, seven-story building to a partnership between MGP Realty and The Praedium Group.

Monument III is the tallest building on the Dulles toll road corridor, according to a press statement, and is the fourth building developed by MR/Apollo in the 94-acre Worldgate complex near Dulles International Airport.  more...

Atlanta's Randstad Building sale

By Inman News, Thursday, April 26, 2007.

Wells Real Estate Funds announced the sale of its Randstad office building in northwest Atlanta to locally based Jackson Oats Shaw.

The value of the transaction was not disclosed.

The four-story, 64,574-square-foot building, located at 2015 South Park Place, was built in 1985 and acquired by two Wells limited partnership funds in 2003.

Randstad, the international staffing giant, remains under lease for the entire building through 2013.

Economists paint bleak picture of housing market Premium Content

By Glenn Roberts Jr., Thursday, April 26, 2007.

It seems that no news is good news these days when it comes to the U.S.  more...

How much worse can housing get?

By Lou Barnes, Thursday, April 26, 2007.

The slow drift downward in long-term rates stopped this week, the 10-year T-note at 4.69 percent, mortgages settling just above 6.25 percent.

Once again, good economic news dampened recession hopes in the bond market: orders for durable goods were very strong in March, up 3.4 percent, double the forecast, and February's orders were revised up half-again the initial report. Orders for durable goods trend along with capital spending by business, and weak business spending during the winter was thought to prove economic weakness spreading from housing and autos. But, not yet.  more...

Fidelity National Financial profits drop

By Inman News, Thursday, April 26, 2007.

First-quarter profits at title insurer Fidelity National Financial Inc.  more...

Share of empty homes hits all-time high

By Inman News, Thursday, April 26, 2007.

The national homeowner vacancy rate reached 2.8 percent in the first quarter -- the highest level on record, the U.S. Census Bureau reported today, while the home-ownership rate dipped slightly to 68.4 percent.

The homeowner vacancy rate, a gauge of the number of unoccupied units for sale vs.  more...

The neighborhood eatery

By Alison Rogers, Thursday, April 26, 2007.

Like many newlyweds, I feel as though I have very few close friends. The wonderful intimacy of sharing every day's sorrows and joys with the same person, while simultaneously trying to get dinner on the table and not stab him with whatever sharp object might be at hand, tends to crowd a lot of things out. (Plus, to be fair, I am not that easy to live with, so I spend some time trying to dodge the sharp objects that are near at hand to him).

Anyway, I have only three or four people with whom I am really close, so it is rare that I have to run to someone's side within minutes.  more...

PropertyShark.com swims in new waters

By Inman News, Thursday, April 26, 2007.

Real estate data site PropertyShark.com on Thursday announced expanded coverage in the San Francisco Bay Area.

The site, which digs deep to find detailed information about residential and commercial properties in major markets, now offers information for Alameda, Contra Costa, Santa Clara, San Mateo, Napa, Marin, Solano, Santa Cruz and Sonoma counties in California.

Ryan Slack, PropertyShark.com CEO, said the expansion is part of an effort to cover major metro areas across the nation.  more...

Overnight real estate rates still sluggish

By Inman News, Thursday, April 26, 2007.

Long-term mortgage interest rates were mostly flat again Thursday, and the benchmark 10-year Treasury bond yield rose to 4.7 percent.

The 30-year fixed-rate average held at 5.76 percent, and the 15-year fixed rate edged up to 5.49 percent. The 1-year adjustable stayed at 5.6 percent.

The 30-year Treasury bond yield increased to 4.88 percent.

Rates and bonds are current as of 7:15 p.m. Eastern Standard Time.

Mortgage rate figures are according to Bankrate.com, which publishes nightly averages based on its survey of 4,000 banks in 50 states.  more...

Three signs you're a poor negotiator Premium Content

By Bernice Ross, Thursday, April 26, 2007.

(This is Part 2 of a six-part series. Read Part 1, Part 3, Part 4, Part 5 and Part 6.)

Good negotiation skills are akin to having a Global Positioning System, or GPS, in your car.  more...

Not your usual anti-car diatribe

By Arrol Gellner, Thursday, April 26, 2007.

The U.S. Department of Transportation tells us that, as of 2004, there were more than 243 million passenger vehicles registered in the United States. That's very nearly one car for every man, woman and child in the nation. In fact, it's some 13 million more cars than there are licensed drivers to drive them.  more...

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Sellsius bloggers do launch

By Glenn Roberts, Jr., Thursday, April 26, 2007.
The guys at the Sellsius blog, who have built up a following and a buzz over the past year, today launched the Sellsius Real Estate site, at SellsiusRealEstate.com. The site will feature property listings of all stripes, profiles for agents,...  more...
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