Homester.com Web News Archive

Falling real estate could cost up to $4 trillion: report (Reuters via Yahoo! News) - Real estate wealth is expected decline anywhere from $2 trillion to $4 trillion out of a previous valuation of roughly $21 trillion when the total costs of recent credit crunch are tallied, the New York Times reported on Thursday, citing economists.

Real estate groups want clearer policies (Bangkok Post) - Eight property-related groups have urged the next elected government to support the real estate sector to prevent a possible crisis and bring stability to the industry.

Property broker sees a dive in global real estate investment (International Herald Tribune) - Global direct real estate investment could fall this year as concerns about defaults on U.S. mortgages prompt lenders to tighten credit, said Jones Lang LaSalle, one of the top commercial brokers.

County staff recommends funds to fight real estate fraud (KGET 17 Bakersfield) - The District Attorney said we don't really need it, but county staff has recommended a trust fund to pay for the fight against real estate fraud.

Supreme Court rejects appeal by 'real estate rapist' (Boston Globe) - New Hampshire's Supreme Court has rejected the appeal of a Maine man dubbed the "Real Estate Rapist" after assaulting a 19-year-old woman in Dover.

REAL ESTATE (St. Petersburg Times) - Residential real estate In this section you can find different offers on residential real estate from the leading real estate agencies: Apartments for all tastes: standard to luxurious, short or long terms.

REAL ESTATE CATALOGUE (St. Petersburg Times) - In the nearest issue you will find the latest data on commercial, residential and trade premises in St. Petersburg. Fresh information about state of real estate market, tips from the leading consulting companies and much more!

Meadowlands real estate power sold (The Record) - Commercial real estate brokerage Lee & Klatskin Associates, whose chief executive Charles Klatskin played a key role in developing the Meadowlands, has agreed to be purchased by industry giant Jones Lang LaSalle Inc.

State commercial real estate still strong (1:10 p.m.) (The Record) - California's commercial real estate industry, as measured by delinquent loans on apartments, offices, warehouses and the like, remains very strong despite the huge flood of defaults and foreclosures in home mortgages.

German State Delays EUR400 Million Real Estate Sale Due To Low Bids (Nasdaq) - WIESBADEN, Germany (AP)--The German State of Hesse said Thursday it postponed a project to sell 34 real estate assets because of unacceptably low bids in an auction due to the recent financial market turmoil.