Cape Coral, Fort Myers, Naples ranked in top 10 in housing price increases

The Cape Coral-Fort Myers area was again third and Naples was rose to sixth in quarterly housing prices, according to a survey by the National Association of Realtors.

The median existing single-family home price increased by 64 percent of measured markets, with 142 out of 163 metropolitan statistical areas showing gains based on closings in the first quarter of 2016 compared with the fourth quarter of 2015, according to the report.

Fifty areas, 25 percent, had double-digit gains;  and 9 had price declines.

Cape Coral-Fort Myers had an increase of 21.4 percent to $183,800. Sacramento, Calif., was first at 27.1 percent and Atlanta was second at 24.7 percent.
Naples, in sixth place, had an increase of 20.1 percent to $355,500.

NORTH DAKOTA DEVELOPMENTS (NDD) UNDER INVESTIGATION BY THE SEC

**UPDATE, June 2nd 2015**

Please visit the following link for an update on the SEC vs. NDD,  http://northdakotadevelopmentsreceiver.weebly.com

—————————————————————————————————

On May 6th 2015, North Dakota Developments (NDD,) and its owners, Robert Gavin, CEO and Danny Hogan, COO are being investigated by the SEC (Securities Exchange Commission) for an alleged ‘ponzi like’ scheme, and misrepresentation of investor funds, as such the company has had all its assets temporarily frozen. Please search SEC for filed papers from Plaintiff (SEC.)

**18th May 2015**
It has come to my attention that UPI has been misquoted in the Mail on Sunday as “not interested” with respect of investors concerns in NDD’s alleged misappropriation of investor funds. I would like to reassure all our investors that this is wide off the mark and a complete misrepresentation. It is on the advice of our legal council that we cannot speak to the press given that the SEC’s investigation is still ongoing. For the record I have never spoken with the journalist who wrote the article.

Furthermore, myself and my staff are absolutely shocked and dismayed by the allegations being made in the SEC’s investigation, and we like everybody else first found out after the case had been brought into the public domain. It appears that like our investors, we have all been lied to by NDD and it’s owners.

Last week I wrote to our own investors with an update. Unfortunately, at this time we only know as much as everybody else does. We have attempted to call and email NDD’s Milton Keynes office several times over the last 2 weeks, but unfortunately we have been unsuccessful in our attempts to get through.

We will continue to monitor the outcome of the court case, and I would advise all investors do the same.

We are available to discuss with our investors if needed, but will not have any other info other than what is in the public domain already. NDD will not communicate with us despite our best attempts.

Sincerely,

Oliver Booth – Director

NORTH DAKOTA DEVELOPMENTS (NDD) UNDER INVESTIGATION BY THE SEC | May 2015

 

 

 

**2nd June 2015** Please visit the following link for an update on the SEC vs. NDD, 

http://northdakotadevelopmentsreceiver.weebly.com

**May 5th 2015** NDD are being investigated by the SEC (Securities Exchange Commission) and have had assets temporarily frozen.  CEO Robert Gavin, and VP, Danny Hogan are being investigated and cannot conduct any new business until the investigation is complete.  Please search SEC for filed papers from Plaintiff (SEC.)

UPI has no involvement, or any other connection with NDD.  We are available to discuss with investors if needed, but will not have any other info other than what is in the public domain already.  NDD will not communicate with us despite our best attempts.

**18th May 2015**
It has come to my attention that UPI has been misquoted in the Mail on Sunday as “not interested” with respect of investors concerns in NDD’s alleged misappropriation of investor funds.  I would like to reassure all our investors that this is wide off the mark and a complete misrepresentation.  It is on the advice of our legal council that we cannot speak to the press given that the SEC’s investigation is still ongoing.  For the record I have never spoken with the journalist who wrote the article.  

Furthermore, myself and my staff are absolutely shocked and dismayed by the allegations being made in the SEC’s investigation, and we like everybody else first found out after the case had been brought into the public domain.  It appears that like our investors, we have all been lied to by NDD and it’s owners.

Last week I wrote to our own investors with an update.  Unfortunately, at this time we only know as much as everybody else does.  We have attempted to call and email NDD’s Milton Keynes office several times over the last 2 weeks, but unfortunately we have been unsuccessful in our attempts to get through.

We will continue to monitor the outcome of the court case, and I would advise all investors do the same.

 Sincerely,

Oliver Booth – Director

 

‘Canadians are buying everywhere': Money pours into real estate ETFs

Investors are putting money into real estate companies outside the U.S. at a record pace as interest rates recede, economies expand and opportunities remain to buy assets at discounts amid lingering distress from the global financial crisis.

Follow the link to continue reading http://www.theglobeandmail.com/globe-investor/funds-and-etfs/etfs/investors-pour-money-into-global-real-estate-etfs/article20322474/

Dallas joins the ranks of world’s top real estate investment markets

A new report ranks Dallas among the world’s top cities for real estate investment.The Dallas-area placed ninth in the list with other markets including New York, London and Tokyo in Cushman & Wakefield’s “growth cities” report.

follow the link to continue reading http://bizbeatblog.dallasnews.com/2014/10/new-report-dallas-joins-the-ranks-of-worlds-top-real-estate-investment-markets.html/