Homester.com Web News Archive

Insight: An international approach to commercial real estate (FT.com via Yahoo! News) - For a capital-intensive asset class such as commercial real estate, the impact of tighter debt has been swift and significant. Transaction volumes in both the US and the UK have fallen. Prices for commercial buildings have retreated 10 per cent or more from the frothy first half of last year. For the past four months the UK IPD index registered the first negative returns since June 1991. US ...

Allure Of Real Estate Is Waning For Agents (The Tampa Tribune) - With each passing month, it gets tougher to sell homes in the Tampa Bay area, as median sales prices keep slipping and buyers remain skittish. The pressure of making a buck in the industry appears to be leading some local real estate agents to drop out of the business.

Vietnam's 2007 Real Estate Market Hot, 2008 Market To Be Hotter (Asia Pulse via Yahoo!7 News) - The real estate market was really scorching in 2007, which makes people believe that it would be burning in 2008. It is expected that 40 foreign investment funds will disburse $20 billion worth of capital into the market this year.

VIETNAM'S 2007 REAL ESTATE MARKET HOT, 2008 MARKET TO BE HOTTER (Asia Pulse via Yahoo!7 Finance) - Vietnam   The real estate market was really scorching in 2007, which makes people believe that it would be burning in 2008. It is expected that 40 foreign investment funds will disburse $20 billion worth of capital into the market this year.

Insight: An international approach to commercial real estate (Financial Times) - For a capital-intensive asset class such as commercial real estate, the impact of tighter debt has been swift and significant. Transaction volumes in both the US and the UK have fallen. Prices for commercial buildings have retreated 10 per cent or more from the frothy first half of last year.

HK-listed Zhong An Real Estate buys 100 pct of Hangzhou Zheng Jiang Real Estate (Sharewatch) - HONG KONG (XFN-ASIA) - Zhong An Real Estate Ltd (672.HK) said that it has agreed to acquire the entire issued share capital of Hangzhou Zheng Jiang Real Estate Development Co Ltd for a total of 370.36 mln yuan.

First smoking fine goes to real estate office, 56 others warned (Winona Daily News) - ST. PAUL (AP) — The first fine for violating Minnesota’s statewide smoking ban went not to a rebel bar but to an Eden Prairie real estate office.

New real estate report could mean shift in Southwest Florida market (WINK TV Southwest Florida) - Real estate agents say a new report, based on data from Naples, shows the market is turning around. It's good news to some homeowners,who have been sitting on their homes for months.

Countrywide CEO cancels USD real estate conference appearance (San Diego Daily Transcript via Yahoo! News) - Angelo Mozilo, chairman and CEO of Countrywide Financial Corp., will not participate in the Jan. 22 University of San Diego Burnham-Moores Center for Real Estate annual conference as previously scheduled.

Westside Real Estate Maven Ellen Conrad is Latest Star to Join Los Angeles-based Teles Properties (wallstreet:online AG) - Teles Properties, Los Angeles´ fastest-growing high end residential real estate agency, welcomes