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2005-05-13 New rules to curb surging real estate price 2@webnews ,#house#housing#estate#, 0 Housing Price /enpproperty-- New rules to curb surging real estate price Home News Center China New rules to curb surging real estate price (Agencies) Updated: 2005-05-13 10:48 China is taking a wide range of steps to curb surging real estate prices, using tax and other policies to discourage speculative dealings and ensure a supply of affordable housing, state media announced Thursday. Residents in Nanjing, capital of East China's Jiangsu Province, walk past a newly-constructed apartment building May 10, 2005. [newsphoto] The campaign, backed by seven government agencies, shows that Beijing recognizes it needs to make cooling the housing market a nationwide priority, the official Xinhua News Agency reported. Despite the government's powerful vested interest in a thriving property market, authorities worry that too much investment is going into the construction of luxury and commercial real estate and that speculative buying has pushed prices unsustainably high. Newspapers carried a notice by the State Council, China's cabinet, ordering local governments to make controlling property prices a major part of their economic policy. Average real estate prices rose by 14.4 percent year-on-year in 2004 and by 12.5 percent in the first quarter of 2005. Shanghai had the "most shocking housing prices in China," with average costs per square meter of over 10,000 yuan ($1,200), the Xinhua report said. Many urban Chinese own their homes thanks to housing reforms years ago, but cannot afford to buy new property. And low income families are generally priced out of a market that has focused on wealthy investors while neglecting construction of budget housing. The latest effort to cool the market involve the ministries of construction, finance, and land and resources, along with the State Development and Reform Commission, the State Administration of Taxation, China Banking Regulatory Commission and the People's Bank of China, China's central bank. The policy change that drew most attention in property crazy Shanghai was one requiring payment of a business tax the rate was not given on sales of property less than two years after purchase. It takes effect June 1. Local governments were ordered to clarify prices and housing sizes before granting land use rights, to limit credit for property deals and to confine real estate developers' profits to a maximum of 3 percent. Developers who fail to build within a year after buying land will be penalized, and those that fail to build within two years after buying property would lose their rights to the land, Xinhua said. The measures follow earlier, piecemeal steps by local governments. Last month Shanghai enacted a rule requiring home owners to pay off their mortgages before selling property and extending the time buyers must wait before taking ownership to 28 days, from the previous seven. In March, it imposed a tax on sales of property owned for less than a year. The measures have definitely had an impact. In April, sales of "second hand," or previously occupied apartments in Shanghai fell between 30 percent and 50 percent, depending on the district, compared with the month before, according to industry statistics published Thursday in the newspaper Oriental Morning Post. Close Today's Top News Top China News Central banker denies yuan revaluation on May 18 New rules to curb surging real estate price Hu, Soong join hands for Straits peace Beijing offers Taiwan more conveniences China and Japan seek to smooth relations Pressure on yuan revaluation won't work Beijing offers Taiwan more conveniences Angels of the ward, toast of the world Illegal explosive trade targeted Probe shows colliery workmen ignored laws New regulation in Dalian beggars belief Congestion takes its toll on bridge Go to Another Section select hot link News Center China World Business Life Sports Most Popular Photo Gallery Story Tools Related Stories Efforts to control housing prices continue House prices to maintain robust growth Housing policies pre-empt speculators Policies failing to get a grip on housing speculation China's housing prices up 14.4% last year China's housing price hike reasonable? Housing prices surge in first 10 months News Talk It is time to prepare for Beijing - 2008 Find Suppliers Trade Leads Firm Directory Product Directory China Products Gold Suppliers Hot Products Hot Buys New Products Country Search Trade Shows Advertisement
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Scottsdale Real Estate, Arizona Golf Properties, Phoenix and Carefree Real Estate Listings Arizona Real Estate by Judy Brickman With 18 years of experience in real estate, Judy Brickman specializes in golf course properties , Arizona luxury homes , vacation home rental and sale, second homes and residential lots in northeast Scottsdale and Carefree. With her expertise in real estate in Scottsdale, Arizona and the surrounding area, she is an excellent resource when buying or selling your home! With special emphasis on such areas as The Boulders , Desert Mountain, Estancia, Mirabel, Desert Highlands, Whisper Rock, Troon, DC Ranch, Terravita, Grayhawk and Legend Trail, Carefree and Pinnacle Peak you will be able to view the broad spectrum of real estate available ranging from luxury Arizona golf properties to regular Phoenix, Carefree, and Scottsdale real estate. Combining extensive knowledge of the Arizona real estate marketplace with a dedicated commitment to service, Judy Brickman welcomes the opportunity to work with you in locating your dream home or lot, or in marketing your property. When searching for Real Estate in Scottsdale, Arizona , Phoenix homes for sale, or other Arizona real estate - Judy Brickman is truly your number one option! Welcome to Arizona Real Estate | About Judy Brickman | Contact Judy Arizona Real Estate Listings | Golf Properties | The Boulders Resort | Arizona State Information Buyers Questionnaire | Sellers Questionnaire | Real Estate Links | Site Map Internet Marketing by VKI Studios
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Hear Silicon Valley Analyst Tim Bajarin PHOTOS Sunrise, Sunset A look at the ups and downs of nature's daily doses of beauty. MARKETS | BUSINESS NEWS Advertisement DOW NSDQ S&P 500 DJIA NSDQ S&P 500 DJIA 10785.70 -10.56 NSDQ 2219.35 -9.59 S&P 500 1254.59 -3.58 © FinancialContent.com Delayed 20 mins. Check Your Stocks: Detailed News Charts SEC Filings Company Profile Historical Quotes Symbol Lookup GO LOCAL Local Weather (Enter Zip or City): Powered by Weather.com Week In Photos Check out the week's most compelling pictures. -- CBSNEWS.COM EXTRA Photo Essay Sunrise, Sunset A look at the ups and downs of nature's daily doses of beauty Who's Who TV New Year's Eve Looking for a party that won't get out of hand? It might not be as far away as you think. Photo Essay Celebrity Circuit Carmen Electra on MTV, a holiday party for the stars and Jennifer Love Hewitt as Santa's helper. News Tools Dry Country Here's a map that shows just how dry the U.S. Midwest has become and why it's ripe for wildfires. Photo Essay Star Splits Breaking up is hard to do, even when you're a celebrity. Officials Fear More Wildfires Updated While winds eased after the outbreak of fires ravaged parts of Texas and Okla., forecasters predict a return of the hazardous conditions by the weekend, plus fireworks celebrating the new year prompting fears of another round of fires. More... Photo Essay: Deadly Wildfires Watch: Brush Fires Turn Deadly Photo: AP Photo/The Daily Oklahoman TOP STORIES West Coast Braces For More Floods Watch N. Calif. Rivers At Highest Levels In 7 Years, More Rain On Way Israeli Checkpoint Stops Bomber Palestinian Blew Himself Up At West Bank Roadblock Set Up After Tip Existing Home Sales Decline Watch Nov. Figures Lowest Since March, But Housing Market Remains Healthy Thief Turned In By Sons Sentenced Dad Gets 40 Years, Sons Saw Him On A Surveillance Photo Wood Chipper Blamed In Man's Death Tree-Service Worker Cutting Branches Thought Pulled Into Chipper Photo Essay Wildfires Flare Wind-driven flames burn through towns in Texas and Oklahoma Video 2005 Video Recap Video highlights of the year's top stories. U.S. | VIDEO | SECTION PAGE Thief Turned In By Sons Sentenced 9/11 Loans Went To Unqualified Friends Feud Over Lottery Claim Americans Split On Domestic Spying More Stories World | VIDEO | SECTION PAGE Al Qaeda Threatens Sudan Hostages Envoys Haggle For Yemen Captives China Says 300M Drink Unsafe Water Israeli Checkpoint Stops Bomber More Stories Health | VIDEO | SECTION PAGE Health Customs Migrate To U.S. Vitamin D As Cancer Crusher Newer Cancer Drugs Beat Tamoxifen Playing The Pain Away More Stories SciTech | VIDEO | SECTION PAGE Greens Also Feed At Public Trough Technology Blossoms In 2005 A Sneak Peek At Consumer Labs Vitamin D As Cancer Crusher More Stories Entertainment | VIDEO | SECTION PAGE New: Marsalis New Year's Guest Of Honor No Charge In Lohan Crash Jail For Will Smith Identity Thief Dunkin' Donuts Ad Actor Dies More Stories Opinion | SECTION PAGE Jive And Thrive In '05 New: Turning Point In Military Strategy Good Gifts Rough Year For Bush In Polls More Stories Politics | VIDEO | SECTION PAGE DeLay Gets Hearing On Speedy Trial Dems Charge Homeland Failures Rough Year For Bush In Polls More Early Alito Memos Released More Stories Business | VIDEO | SECTION PAGE 2006 Economy Looks Solid Hilton Reunites, 40 Years Later Existing Home Sales Decline Weekly Jobless Claims Rise More Stories STRANGE NEWS | SECTION PAGE Doggie Insurance Now Required in Vienna Austrian Artists Pull Offending Billboards Pay Up: Billions Sought in Bill Mixup Jamaican Police Officer Becomes Rap Artist More Stories SPORTS | VIDEO | SECTION PAGE Secondary concerns Last year's applicants have good shot at Cooperstown Don't look now, but Ravens' Boller has 'found himself' More Stories CBS NEWS BROADCASTS The Early Show Start The Year With An Open House Watch One approach would be a Mediterranean-style New Year's Day bash, and cooking teacher and cookbook author Tori Ritchie has some ideas and recipes sure to earn you raves. She shares them on The Early Show . More... The Early Show CEO Is 'One Tough Mother' Watch Columbia Sportswear is a billion-dollar company with a CEO whose motto is "Early to bed, early to rise, work like hell and advertise." At 81, Gert Boyle is young at heart. More... CBS Evening News The Art Of Verbal Judo Watch Former police officer George Thompson teaches other cops how to avoid conflict and gain compliance from suspects with a technique he calls verbal judo, Richard Schlesinger reports. More... The Early Show A Sneak Peek At Consumer Labs Watch When Consumer Reports magazine publishes test results, the world listens. But how do they evaluate all those products? WCBS-TV technology editor Brett Larson got a look inside the lab and filed a report for The Early Show . More... The Early Show Amputee An Inspiration To Others Watch A horrific train accident cost Cameron Clapp both legs and one arm. But as Dave Price reports, the young man is determined to make the most of his situation and serves as an inspiration to others. More... The Early Show Nervous Flyers Catch Security Eye Watch The next time you fly, security personnel may spend more time looking at you than at your bags. Behavior observation programs are being tested at some U.S. airports. The Early Show 's Tracy Smith reports. More... Back To Top Advertisement Fullscreen | Help All Videos Iraqi Election Turmoil | E-Mail West: Rain, Snow & Mudslides | E-Mail Crawling While Intoxicated? | E-Mail Teen Amputee's New Life | E-Mail Take the CRIMINAL MINDS profiler quiz Fantasy Football: Roster Trends Play along with CSI Interactive. Take our CRIMINAL MINDS quiz to find out if you're FBI agent material. | Thu. Dec. 29, 2005 CBS.com 8:00 Criminal Minds: When the daughter of a District Attorney is kidnapped. 9:00 CSI: One cult member turns up missing at a mass suicide crime scene. 10:00 Without a Trace: Jack endures a brutal deposition by his wife's divorce attorney. CBS SportsLine NFL Films: Charles Haley Peach Bowl Preview: LSU-Miami Check out the SPiN On Sports POP QUESTION Vote for your top five news stories of 2005 Iraq Pope Dies/ New Pope Plamegate Katrina / Hurricanes Rosa Parks Dies Supreme Court Vacancies Bush's Domestic Spying Tsunami Relief Bird Flu Spreads Charles Marries Camilla Brad / Jen / Angelina Tom & Katie Natalie Holloway / Aruba Pakistan Earthquake Shuttle Relaunch Deep Throat Revealed -- -- Advertisement Enter Moens Show Us Your Style Sweepstakes Would you like a two hour consultation from celebrity designer Vern Yip plus $5000 in cash and Moen products? 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Find a Real Estate Agent Real Estate Agent Home faq contact sitemap Home Buy a Home Sell a Home Directory Glossary FAQ Contact Us Dec 29,2005 Find a Real Estate Agent! -- Whether you're planning on buying or selling a home, choosing the right Real Estate Agent is one of the most important decisions youll make. Let Real Estate Agent.com help. Please enter in your zip code of interest below or browse our city and county directory to find a local real estate agent. Buy a Home Enter Your Zip Code of Interest: Sell a Home Enter Your Zip Code of Interest: You can also browse our Directory to find a Real Estate Agent in your State, County, and/or City. Real Estate Agent .com is one of the fastest growing directories of Real Estate Agents on the Internet, so if you are unable to find an agent in your area, contact us and we will find an agent to contact you shortly! Advanced Search Buy a Home Sell a Home City OR County State Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming Why Use A Real Estate Agent? When selling a home , a real estate agent can be an indispensable resource. Real estate agents can give you up-to-date information regarding prices, financing, terms and conditions of competing properties, and information about the housing market in general. A real estate agent will market your property to other real estate agents as well as to the public, and will know the best way to go about doing so. A real estate agent can also help you objectively evaluate buyer proposals, and then, finally, help you close the sale. In fact, a 2002 study on Home Sellers reports that the median sales price of an agent-assisted home was 27% higher than one sold "by owner". When buying a home , having the assistance of a real estate agent can be equally as important. Real estate agents have access to resources for assisting you in your home search not available elsewhere. A real estate agent can also provide you objective information about each property, and give you advice based on years of experience. A real estate agent will help you negotiate and also steer you through the closing process to make sure everything goes smoothly. We understand how difficult it can be to buy a home for your family or to sell your home on today's real estate market. We aim to build the bridges between people like you and your local real estate agent professional to ensure that you receive the help you need on a one on one basis. Agent can help you prepare financially to buy a house, has access to house listings, and can help you negotiate and close the deal. 5 Most Popular Questions How big is an acre? Why should I use a real estate agent? What is equity? What is a REALTOR? What is comprehensive homeowners insurance? Mortgage Calculator Real Estate Investment Software Moving Supplies Advertise Link Exchange About Us Testimonials Contact Us Links RealEstateAgent.com 2003 - 2005 Privacy Policy Terms Of Use Client Login Developed by Volico Web Consulting RealEstateAgent.com is a method of advertising for Real Estate Agents and Agencies. In no way is RealEstateAgent.com responsible for the services provided by the advertisers on this site, nor can it be held liable for any damages resulting from the services, contracts, or deals resulting from agents found within this site. Please view our Disclaimer for more details.