Homester.com Web News Archive

Report: Condo surplus hampers city's real estate market (San Diego Daily Transcript via Yahoo! News) - Less capital will flow into real estate markets and too many condominiums have hurt San Diego's standing, but moderating home prices should help keep businesses here.

Mortgage and real estate horror stories (Bankrate.com via Yahoo! Finance) - Shiver in fright at the real-life stories about mortgage and real estate mishaps.

Inland Retail Real Estate Trust sold (BizJournals) - Developers Diversified will acquire Inland Retail Real Estate Trust Inc. in a deal worth $6.2 billion.

Foreigners in Search of Real Estate Look to Istanbul First (Zaman Online) - Turkey has become a place of interest for foreign investors because of progress in the economy. Foreigners think that real estate prices in Turkey are still low. The ever-growing foreign capital flowing to Turkey ends up mostly in real estate.

Baby boomers put their faith in real estate, survey finds (Baltimore Sun) - Rename them the real estate boomer generation: A comprehensive new demographic study reveals that the 78 million Americans born between 1946 and 1964 have a passion for owning real estate unlike any in the nation's history.

Oregon Real Estate Agency Commissioner Announces Retirement (Business Wire via Yahoo! Finance) - SALEM, Ore.----Oregon State Real Estate Agency Commissioner Scott W. Taylor today announced his retirement after 11 years heading the real estate monitoring and regulating agency.

An In-Depth Look at the Japanese Real Estate Sector (Business Wire via Yahoo! Finance) - DUBLIN, Ireland----Research and Markets has announced the addition of Japanese Real Estate Sector: An Analysis to their offering.

Flat Fee Real Estate Commissions Arrive in California (PR Newswire via Yahoo! Finance) - Progressive Homesellers, which has received national media attention for replacing the typical 3% real estate listing commission with a $3995 flat fee, announced today that its home listing service is available in California with a growing number of local Realtors actively serving customers in the state.

Real estate transactioans (The Columbian) - Residential real estate transactions over $200,000 filed with the Clark County Assessor Aug. 16-31. The information includes seller's name, buyer's name, property location, description, price and closing date. Listed below are some of the 944 transactions recorded in August.

Longs Drugs Names Brian T. McAndrews Vice President of Real Estate (RedNova) - WALNUT CREEK, Calif., Oct. 23 /PRNewswire-FirstCall/ -- Longs Drug Stores Corporation today announced that Brian T. McAndrews has been named Vice President of Real Estate, succeeding Timothy Hansen. McAndrews reports to Steve McCann, Executive Vice President and Chief Financial Officer.