Homester.com Web News Archive

Olmert real-estate probe dropped (UPI) - Israeli prosecutors have decided not to proceed with an investigation into real estate dealings on the part of Prime Minister Ehud Olmert.

Shanghai real estate tycoon on trial for alleged tax, bribery offenses (AP via Yahoo! Malaysia News) - A Shanghai real estate tycoon who served a three-year prison term after a stock market scandal is on trial for alleged bribery and tax offenses, a state-run magazine reported Wednesday.

Zhongan Real Estate Seeks Up To US$435 Million In Hong Kong IPO Source (Nasdaq) - HONG KONG -(Dow Jones)- Chinese developer Zhongan Real Estate Development Co. is seeking to raise up to US$435 million in an initial public offering ahead of a Hong Kong listing next month, a person familiar with the situation said Wednesday.

Jury finds real estate agent duped seller (The Palm Beach Post) - A six-member jury found real estate agent David Freudenberg, who served on the Boca Raton City Council for six years, misled a homeowner into signing a contract to sell his home below the market value. The verdict came after a four-day trial in Broward County Circuit Court.

Tapping the Dynamic Asian/Pacific American Housing Market: Real Estate Convention To Address Growing Market for ... (Business Wire via Yahoo!7 Finance) - Urging real estate professionals to meet the needs of Asian American homebuyers, Stewart Title today announced its sponsorship of the Asian Real Estate Association of America (AREAA) Annual Convention, to be held Nov. 11-13 at the Bellagio in Las Vegas. Malcolm Morris, chairman of Stewart Title, is co-chairing the event entitled "Tapping the Dynamic Asian/Pacific Housing Market."

Urban Land Institute ranks Phoenix No. 9 in U.S. for real estate opportunities (BizJournals) - The Urban Land Institute released its annual trends forecast this week, with Phoenix rated No. 9 among major U.S. metropolitan areas for real estate investment and development opportunities.

Real estate professionals see rays of light in cloudy market (The Desert Sun) - Local real estate professionals discussed how to ride out a currently stormy housing market that holds promises of better times ahead at the eighth annual State of Real Estate in the Coachella Valley presentation, held today at the Doral Palm Springs Resort.

Clyde & Co selected as UAE 'Firm of the Year' for both Real Estate and Litigation (AME Info) - Asian-Counsel magazine has named Clyde & Co as 'Firm of the Year 2007' for the UAE in the areas of Real Estate and Litigation respectively.

UPS guidance, residential real estate price fall, rising bankruptcies – all point to a nasty recession – why is stock ... (India Daily) - According to the shipment companies like UPS the holiday retail sales will be sluggish at best and mabe much worse. The residential real estate markets are in free fall. The commercial real estate market is also in trouble.

(AFX UK Focus) 2007-10-24 01:24 GMT: Century 21 China Real Estate takes in 52 mln usd investment from Avenue Capital (Interactive Investor) - BEIJING (XFN-ASIA) - Century 21 China Real Estate, a unit of Century 21 Real Estate LLC, said Avenue Capital has invested 52 mln usd, becoming the Chinese company's third largest shareholder.