Homester.com Web News Archive

America's Richest Real Estate Billionaires (Forbes) - Despite the talk of a housing collapse, the real estate tycoons of the Forbes 400 are as wealthy as ever.

JAPAN CREDIT: Nomura Real Estate, Others Offer Bonds (Nasdaq) - TOKYO -(Dow Jones)- Nomura Real Estate Holdings Inc. (3231.TO), Tokyu Land Corp. (8815.TO) and others offered bonds Thursday in Japan, lead managers said.

Why hasn’t Vietnam taxed real estate speculators? (Vietnam Net) - VietNamNet Bridge – While experts have the common voice that it is necessary to tax real estate speculators heavily, Minister of Finance Vu Van Ninh said that taxation is just one of the tools to regulate the market, while a lot of other things need to be done comprehensively: programming land use well, increasing supply to the market, making real estate transactions more transparent.

Is real estate in Bangkok cheap? (Bangkok Post) - International investors are still very interested in the Bangkok property market as real estate is cheap compared to other Asian cities of a similar size.

Parents Face Real Bills for Virtual Real Estate (TechNewsWorld.com) - Teenagers are using their parents' credit cards to buy thousands of dollars' worth of virtual property, including real estate, on Web sites such as Second Life. NetSafe chief executive Martin Cocker says parents are shocked because they don't realize it's possible to buy something that doesn't exist in the real world -- and they don't know how fast it's possible to spend.

Palmyra may raise real-estate tax 20.6 percent (Lebanon Daily News) - PALMYRA — Homeowners in the borough may be looking at a 3-mill, or 20.6 percent, increase in their real-estate taxes, a cut in services, or both, next year, borough officials said Monday night.

HGTV Reorders Three Real Estate Series (MultiChannel News) - Responding to strong ratings for its real-estate programming, HGTV has ordered additional episodes of House Hunters, Hidden Potential and My First Place.

Real Estate Firm Calls Little Rock A Well-kept Secret (KARK Little Rock) - It's one of the best kept secrets, according to a major California real estate firm. According to this firm, Little Rock ranks in the top ten among cities to keep an eye on, when it comes to investing in real estate and relocating business.

Private Equity Players Raising $35B for Real Estate Funds Despite Credit Turmoil (CoStar Group) - Despite the white-knuckle atmosphere of the credit crisis, it’s still a heady time for commercial real estate, and especially for private equity fundraising. Capital flows to the sector are expected to increase or at least remain at the same robust level...

Real estate professional optimistic about home prices (The Pulse-Journal) - West Chester Twp. resident Larry Whited is not worried. Despite a slowdown in new housing construction from last year and three years of rising foreclosures, the veteran realtor said it's not the end of the world for real estate in West Chester Twp.