Homester.com Web News Archive

Latvia's real estate star falls (AFP via Yahoo! News) - With real estate prices having risen 500 percent since 2002, Latvia has long been an investment hot-spot where the sector has outstripped its counterparts in EU member states.

HCMC real estate fever goes on amid lurking risks (Vietnam Net) - VietNamNet Bridge - Thousands thronged a bank in Ho Chi Minh City Wednesday to transfer money to a real estate company as a “goodwill sum” upon which the firm will draw lots to select who are to fortunate enough buy its highly-sought, super-profitable apartments.

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.

Latvia's real estate star falls (TODAYonline) - A view of the Latvian capital Riga. With real estate prices having risen 500 percent since 2002, Latvia has long been an investment hot-spot where the sector has outstripped its counterparts in EU member states.

Real Estate Live (Washington Post) - Welcome to Real Estate Live, an online discussion of the Washington area housing market with Post Real Estate editor Maryann Haggerty.

Dubai Real Estate Institute opens doors to first batch of 37 professionals (AME Info) - The Dubai Real Estate Institute (DREI), the region's first academic institute for real estate studies, welcomed its first batch of 37 professionals with the inaugural module of the graduate diploma programme in Real Estate Management.

Real Estate People & Places (Pittsburgh Post-Gazette) - Real estate news in brief.

Dubai Real Estate Corporation sustains Sheikh Mohammed's green building initiative (AME Info) - Dubai Real Estate Corporation (DREC) has announced that it extends its full support to the remarkable initiative 'green buildings' of H.H Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.

Dubai World Central Real Estate goes international (AME Info) - Dubai World Central (DWC) - the 140 square kilometre urban land development under construction in Jebel Ali - is expanding its geographic footprint through real estate and property sales at Kuwait's leading property event, Kuwait Property Exhibition (KUPEX), being held in Kuwait City from 29 October until 1 November.

Florida real estate declines push BankAtlantic into the red (bizjournals.com via Yahoo! Finance) - BankAtlantic posted a net loss of $27.1 million in the third quarter ended Sept. 30, compared to net income of $9.8 million a year earlier, as the bank increased its provisions for loan losses and real estate impairments.