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awesome video on airventure 2009

NEW YORK (CNNMoney.com) -- Luckily for banks, the commercial real estate time bomb just keeps on ticking. Industry observers have issued dire warnings for more than a year, suggesting that lenders are on a collision course with potentially billions of dollars worth of commercial real estate losses.

For the first time, homeowners can sell their house on Auction.com and pay only a 1% listing broker commission upon sale. This innovative opportunity opens first in San Diego on September 25, 2010.

Airventure 2010 Live Updates!! For those who care, I will be making updates here during this year's trip to Airventure: http://twitter.com/slick_hutto

200 Area Foreclosures Auctioned before Overflow Crowd of 550 at Miami Convention Center on Day 3 of REDC's 6-Day, 8-City REDC Auction Series Featuring 1,500 Foreclosures; Auctions Geared to Fuel the Local Economy.

Realty prices back on track in Delhi posted a minute ago by Ashish Arya THE TRENDS CLEARLY PROVE THAT 2010 WAS A YEAR OF REVIVAL AND THE OVERALL SENTIMENT OF THE SECTOR HAS IMPROVED DRAMATICALLY SINCE THE DOWNTURN AND PROPERTY PRICES ARE BACK TO THE 2007 LEVELS.

Despite the recent real estate downturn, 55 Time Dubai, a Dhs700m 360 degree-revolving tower located in Dubailand, is set to begin construction in a few weeks.

As per the budget proposal for 2010-11, the finance ministry has suggested service tax on construction and sale of property. Service Tax is a tax levied on service providers in India. The objective behind levying service tax is to reduce the degree of intensity of taxation on manufacturing and trade without forcing the government to compromise on the revenue needs. As per the budget proposal, the finance ministry has suggested 10 per cent service tax on construction and sale of property.There is a false impression being created that prices will go up by 10 per cent but the fact is that 10 per cent service tax is levied only on 33 per cent of the value.

Bruhat Bangalore Mahanagara Palike (BBMP) started collecting property tax for the new financial year 2010-11. You can pay your property tax either in full payment or in two equal installments. The property tax amounting less than Rs. 1,000 can be paid in cash while the amount exceeding Rs. 1,000 has to be paid via Cheque or Demand Draft drawn in the favor of the Commissioner, Bruhat Bangalore Mahanagara Palike. You can call BBMP helpline numbers in case of any problems with regard to the payment or receipt generation.

The number of townhomes foreclosures declined in Hamilton County last year. It was the first time the area recorded a decline within a six-year period.

The number of filings for home and apartment building foreclosure increased in Wisconsin in 2010. But year-end figures were still higher than the previous period.

INDIA TO HOST FIA GALA AWARDS FOR 2011 posted a minute ago by Ashish Arya [ updated Dec 18, 2010 3:18 PM ] Image by baxiabhishek via Flickr India will become the first Asian country to host the FIA Gala Awards - an annual event - next year at New Delhi. The sport's governing body accepted the presentation made by the chairman of the Federation of Motor Sports Clubs of India (FMSCI), Vijay Mallya, at a meeting in Monaco with the event scheduled on 9-10th December 2011.

Foreclosure real estate investments and house buying activities picked up in some areas of North Carolina in December 2010. Sales of residential properties rose in certain markets compared with 2009.

Prices of residential properties in Alabama in November 2010 might have been encouraging to most investors involved in flipping foreclosure homes. Prices at the state fell by over 10% during the month.

The number of properties under listings of residential foreclosures to be offered at the February 2011 auction increased in Austin, Texas. Compared with the same month of 2010, the rise is almost 15%.

The number of existing homes, including Fannie Mae foreclosed properties, sold in November 2010 declined in Central Ohio. Analysts attributed the decline to the expiration of the tax credit program.

Arizona is set to break the number of properties under bank and FHA foreclosure listings posted in 2009. The state is set for a higher foreclosure total in 2010 with an over 10% increase from 2009.

Despite the low prices of bank owned REO homes in Texas, most areas of the state have higher number of renters than homebuyers. Demand for apartments in certain areas of the region rose in 2010.

Short sales surged in 2010, showing that those who went on to purchase single family homes and other houses have seen the advantages of the process. In South Florida, short sales rose by almost 50%.

Foreclosure-related filings, including those for Citibank foreclosed homes, declined in Cincinnati in November 2010. Following an almost 50% rise the previous month, the city recorded an almost 30% decline in November.