Homester.com Web News Archive

Ways to cope despite real estate's dire outlook (USA Today) - If you'd asked housing economist David Seiders at this time last year to forecast the real estate industry's future, he would have told you to expect "a recovery year" in 2008.

Stoner to lead Regions commercial real estate division (bizjournals.com via Yahoo! Finance) - The former head of LaSalle Bank's local office, Sandy Stoner, has joined Regions Financial Corp. to lead its commercial real estate division for the St. Louis area, Regions announced Thursday.

Europeans Snap Up New York Real Estate (NPR) - European shoppers are having a field day in New York, and they're not just buying sweaters. With the euro hovering around a dollar and a half, and the pound around $2, there's been a noticeable surge in real estate purchases. Greg Heym, chief economist for Halstead Property, talks about the trend and how it effects the housing market.

Apartment Prices in Manhattan Defy National Real Estate Slide (New York Times) - Apartment prices in Manhattan reached record highs in the fourth quarter of 2007, according to reports by four of the city’s major real estate brokerage firms.

Village Real Estate names COO for title affiliate (BizJournals) - Village Real Estate Services has named Dana Delworth chief operating officer for its title and escrow affiliate, Cumberland Law Group Title & Escrow Services, LLC.

DEAL OF THE DAY: Real Estate Group Sells Ala. Apartments for More Than $4.3 Million (Multi-Housing News) - Montgomery, Ala.--Miami-based real estate company Alterra Capital Group has announced the sale of a 120-unit multifamily property in Montgomery, Ala. to an unnamed private investor on the West Coast for approximately $4.3 million.

Fitch Affirms Seven Classes of N-Star Real Estate CDO V Ltd./Corp. (wallstreet:online AG) - Fitch affirms seven classes of notes issued by N-Star Real Estate CDO V, Ltd./Corp. (N-Star V). The

Inland Real Estate Auctions, Inc. to auction prime I-294 development site in Alsip, Ill. (wallstreet:online AG) - Inland Real Estate Auctions announced today that it will auction a key I-294 development parcel, located

CKX Announces January 10th Payment Date for Dividend of FX Real Estate and Entertainment Shares (Centre Daily Times) - CKX, Inc. (Nasdaq: CKXE), announced today that January 10, 2008 will be the payment date for the previously announced distribution of shares of FX Real Estate and Entertainment Inc. stock to the CKX stockholders. CKX previously announced that the record date for receipt of the distribution was December 31, 2007. CKX stockholders of record will receive, on January 10th, two shares of common stock ...

Commercial real estate market holding strong (Florence Morning News) - Despite the housing bust of 2007, commercial real estate holds strong. Despite the housing bust of 2007, commercial real estate holds strong. Despite the housing bust, commerical real estate goes strong.