Homester.com Web News Archive

Real estate agent allegedly stole Rx drugs from homes (Denver Post) - A Boulder real estate agent faces charges of burglary and drug possession after he was caught sneaking into a home to steal prescription drugs, authorities say.

VF contracts with Alabama firm for corporate real estate services (bizjournals.com via Yahoo! Finance) - Harbert Realty Services, a subsidiary of Harbert Management Corp. in Birmingham, Ala,, has snagged an exclusive real estate services agreement with Greensboro-based VF Corp.

Bear Stearns Names Real Estate Heads (AP via Yahoo! Finance) - Investment brokerage Bear Stearns Cos. said Monday it put senior managing directors Stephen Haskin and Steve Williams in charge of expanding the company's European commercial real estate lending business.

Planning to Become a Real Estate Broker (Entrpreneur.com) - Answer these 3 key questions to form the basis of your real estate broker business plan.

Dh3b real estate project in Abu Dhabi launched (Khaleej Times) - ABU DHABI — Abu Dhabi's Manazel Real Estate, yesterday launched a Dh3 billion housing project in the capital. 'Al Reef Villas', a modern community development involves construction of 2,500 villas and 1,500 apartments to be built near Abu Dhabi International Airport.

CoStar Group Expands Commercial Real Estate Information Coverage for DC and Richmond Metro Areas to Fredericksburg (SYS-CON Media) - CoStar Group, Inc. , the number one provider of information services to the commercial real estate industry, today announced it is expanding its database of industry-leading market information for the Washington, D.C. and Richmond metro areas to include the city of Fredericksburg and the counties of Caroline, King George, Spotsylvania and Stafford.

Indian rich to raise real estate exposure-Merrill (Reuters via Yahoo! Asia News) - MUMBAI, Oct 9 (Reuters) - India's growing class of wealthy individuals will invest more in real estate as demand for offices, malls, residences booms in Asia's fourth-largest economy, a DSP Merrill Lynch official said on Monday.

Technology allows smaller real estate firms to compete (Las Cruces Sun-News) - Perhaps no other professional services industry has embraced technology like the commercial real estate industry. Technology has become the great equalizer in the field, allowing every professional to gain a competitive edge in their respective market niche.

Real-estate sales story gave third-quarter total (Waterloo Cedar-Falls Courier) - A front-page story Saturday about real-estate sales stated 2006 should be one of the best years for total home sales; that last year was one of the best since 1977 with 758 homes sold. That was a third-quarter total for 2005. The third-quarter total for 2006 was 708.

DWS RREEF Real Estate Fund, Inc. (SRQ) and DWS RREEF Real Estate Fund II, Inc. (SRO) Announce Change in Dividend (Business Wire via Yahoo! Finance) - NEW YORK----The Boards of Directors of DWS RREEF Real Estate Fund, Inc. and DWS RREEF Real Estate Fund II, Inc. , have approved a change in the Funds' dividend schedules from monthly to quarterly effective for the fourth quarter of 2006.