Homester.com Web News Archive

Real Estate: Pricey Palm Beach homes' 'low sales prices' shock observers (Palm Beach Post) - For the second time in recent weeks, a multimillion-dollar home has sold at an apparent loss or at less than its appraised value — in one of the most torrid real estate markets in the nation. What's going on?

Century 21 Real Estate LLC Names Las Vegas as Host City 2006 Conference (Real Estate News) - RISMEDIA, Oct. 17, 2005 — The signature roar of Leo, the legendary MGM lion, will be put to the test by the collective roar of the thousands of real estate brokers, managers and sales associates expected to convene at the MGM Grand in Las Vegas on March 7-10 for the CENTURY 21 International Convention 2006.

Banks' real estate exposure slightly down to P184.3B (INQ7money.net) - THE REAL ESTATE LOAN EXPOSURE OF commercial banks declined by 0.7 percent to P184.3 billion in end-June from P185.6 billion a quarter ago, the Bangko Sentral ng Pilipinas reported.

Latin Americans buying real estate in Houston (Austin American-Statesman) - HOUSTON — Economic and security concerns are driving more citizens from Mexico and Latin America to buy real estate in the United States, particularly in Houston.

Colorado Sees Drop in Renewal of Real Estate Appraisers’ Licenses (Real Estate News) - RISMEDIA, Oct. 17, 2005 — (KRT) — As interest rates creep up and the number of mortgage refinancings fall, the proportion of Colorado real-estate appraisers renewing their licenses is dropping.

REAL ESTATE REPORT (Dallas Morning News) - Boston Capital Real Estate Investment Trust, in partnership with Alliance Residential Co., acquired the Broadstone Preston at Willow Bend, a 229-unit apartment complex on Preston Road in Plano. The complex has 23 buildings, a clubhouse and a fitness center on 12.8 acres.

A big easy for real estate? (Fort Wayne Journal Gazette) - NEW ORLEANS – Real estate agent Fred Buras’ cell phone has been ringing incessantly for weeks. Residents displaced by Hurricane Katrina are on the line asking if he has any high-and-dry properties they can move into quickly.

Prime historic real estate (Daily Press) - Money from real estate sales will pay for major changes. Officials say the Historic Area won't lose its woodsy character.

Homeowners watching for real estate bargains across nation (Provo Daily Herald) - While many would-be homebuyers have been scared off by dire housing market predictions, Debbie Harris has taken out mortgages on five homes in the past 18 months.She is among the growing number of fledgling real estate investors around the country who are using equity earned in overheated housing markets to stake their claims to rental property in more affordable areas

Morris Wolf, 71, real estate developer (Baltimore Sun) - Morris H. Wolf, an award-winning real estate developer, died Friday at Gilchrist Center for Hospice Care from complications from acute leukemia. He was 71.