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As crash looms, value of homes for super-rich keeps on rising (Independent) The latest house price figures offered further evidence that the property market is heading for a crash ? but not everyone is suffering to the same extent. La Crosse County among state?s lowest in property value growth (La Crosse Tribune) La Crosse County had the ninth-slowest growth in equalized property values in Wisconsin in 2007, according to a study released Thursday by a state watchdog group. Polygamous church sues to reverse $8.8 million court judgment against property trust (Minneapolis-St. Paul Star Tribune) SALT LAKE CITY - Attorneys for a polygamous church sued a court-appointed accountant on Friday, seeking to reverse an $8.8 million judgment against its $110 million property trust. Multiplier may rise, adding to next year's property tax bills (The Champaign News-Gazette) URBANA ? Combined with higher assessements, Champaign County property owners could also see an increase in next year's taxes based on a higher multiplier. Champaign County was given a tentative property assessment equalization factor of 1.0233 by the Illinois Department of Revenue, because assessments in the county are at 32.57 percent of market value, compared with the required 33.3 percent. Irish China property group NAV up 17pc (Ireland Business World) China Real Estate Opportunities (CREO), the Asian property company backed by Treasury Holdings, today reported an 18pc rise in the value of its portfolio in the half year to the end of June and an NAV per share that rose nearly 17pc. Terra Catalyst?s net asset value?falls (Financial Times) Terra Catalyst , an AIM-listed property ?vulture? fund managed by corporate activist Laxey Partners, has revealed that net asset value dropped by almost a fifth since its launch in February. Property prices ?will continue to tumble down hill? (icWales) PROPERTY experts last night warned house prices still have further to fall, as new figures revealed they have lost more than a tenth of their value over the past year. Savills millionaire clients feel property crunch (Times Online) Britain's wealthy have finally been bitten by the credit crunch according to Savills, the UK property agency, which today revealed that deals involving country piles worth up to �5 million are falling in both volume and value. SISD raises property taxes in preparation for new school year (Eastex Advocate) The Shepherd ISD Board of Trustees passed a tax adjustment at their August 18 board meeting. The new rate, which goes into effect September 1, is $1.36 per $100 value of taxable property. (AFX UK Focus) 2008-08-29 10:07 Commercial Group Properties sees portfolio value broadly stable (Interactive Investor) LONDON (Thomson Financial) - Commercial Group Properties PLC (CGP) said the overall value of its property portfolio is expected to remain approximately the same with increases in the value of its Manston site offsetting reductions in the value of its holding in the Dover area. |
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