Homester.com Web News Archive

GIC Real Estate to Expand Into Brazil, India, China (Update1) (Bloomberg.com) - Jan. 17 (Bloomberg) -- Government of Singapore Investment Corp., which manages more than $100 billion of foreign reserves, said it may buy real estate in India and Brazil for the first time to guard against the risk of falling U.S. property prices.

How to survive a real estate slowdown (Sun-Sentinel) - The news that existing home sales slowed in November sent chills down the spines of some real estate industry observers who worry about what that news means for the housing industry.

CHINA MAY LEVY HIGH REAL ESTATE TAX ON PURCHASE OF 2ND FLAT (Asia Pulse via Yahoo! Australia & NZ Finance) - Regulations / Law China will probably levy a high real estate tax on individual purchase of second residential flats that are deemed to be unnecessary, according to Shu Kexin, deputy director of the Department of Land Use Management of the Ministry of Land and Natural Resources.

China May Levy High Real Estate Tax On Purchase Of 2nd Flat (Asia Pulse via Yahoo! Australia & NZ News) - China will probably levy a high real estate tax on individual purchase of second residential flats that are deemed to be unnecessary, according to Shu Kexin, deputy director of the Department of Land Use Management of the Ministry of Land and Natural Resources.

Leaping from the ballet to real estate (Miami Herald) - In South Beach, two up-and-coming South Florida professionals are leaping gracefully from one career path to another. John Safranek, a former ballet company finance guy, and Kristen Kramer, a dancer, are teaming up on a new real estate enterprise.

Real-estate briefs (Denver Post) - Denver real-estate agent Michael Richardson has published "An American Epidemic, Mortgage Fraud ... A Serious Business." The book draws on Richardson's own experience. He survived a mortgage-fraud ring that marauded his company and says he learned firsthand how to prevent mortgage fraud.

Real Estate & New Goods – Keys To Growth (Scoop.co.nz) - Online marketplace Trade Me expects to host over 35 million auctions in 2006 and expects the fastest areas of growth to be real estate and brand new items for sale.

Miami Real Estate Future (Turks.US) - The future of the Miami real estate market is bright. The economic growth in downtown Miami, with new construction both on the residential and commercial fronts continue, both make the area appealing to residents, and to those considering relocation to the area.

More Real estate (Detroit Free Press) - Real Estate Investors Programs: Learn about foreclosures, Section 8s, bank repos and more at Holiday Inn Livonia West, 17123 Laurel Park Dr., Livonia. 6-9 p.m. Tue. Free. Sponsored by First Advantage Realty and Strategic Lenders. Call 734-521-0250 for details.

Morguard Corporation increases ownership position in Morguard Real Estate Investment Trust (CNW Group via Yahoo! Finance) - Morguard Corporation , announced today that it has acquired an additional 350,000 units of Morguard Real Estate Investment Trust through a purchase by Morguard Investments Limited, an indirect wholly-owned subsidiary of Morguard on Friday, January 13, 2006.