Homester.com Web News Archive

Allegheny Council Waffles On Real Estate Assessment (WTAE ThePittsburghChannel.com via Yahoo! News) - On Tuesday afternoon, Allegheny County Chief Executive Dan Onorato proposed a plan where real estate values would stay the same as they were assessed for in 2002.

U.S. real estate market is losing its steam (International Herald Tribune) - A real estate slowdown that began in a handful of U.S. cities this summer has spread to almost every hot housing market in the United States.

REAL ESTATE IN BUBBLE TROUBLE (New York Post via Yahoo! News) - Manhattan residential real-estate sales numbers for the last quarter are in — and the picture ain't pretty, especially at the top end of the market.

'Glass ceiling' in commercial real estate (San Jose Mercury News) - Andie Katter is among San Francisco's commercial real estate elite. She's a senior manager in charge of 15 people at her company, and in 2002 she brokered the city's largest lease transaction of the year -- a headquarters move that yielded a seven-figure commission.

Real estate sale includes three local Mervyns (Sacramento Business Journal) - A real estate trust has bought 25 Mervyns department store properties in California and Texas, including three in Greater Sacramento that sold for a total of $25 million.

Real estate employs 12,900 (Pacific Business News) - The real estate business now employs 12,900 people in Hawaii, the highest number since 1990.

Real estate agents foresee `enormous housing boom' in New Orleans (Kansas City Star) - NEW ORLEANS - (KRT) - All dressed up with no place to go, three dozen agents at New Orleans' oldest real estate firm gathered in a west bank Presbyterian church Tuesday for their weekly sales meeting, hoping for words of encouragement amid sprawling residential ruin.

UAE can capitalise on real estate deals with Western companies (Khaleej Times) - DUBAI — The UAE, which currently attracts just over 25 per cent of the AGCC's foreign direct investment, can capitalise on recent real estate deals with Western companies to ramp up inbound funds, according to one of the principal market players.

Real Estate Agents Offering Incentives (Real Estate News) - RISMEDIA, Oct. 5, 2005—(KRT)—A rule change by the South Dakota Real Estate Commission allowing Realtors to offer incentives to home buyers has been met with mixed reactions from the agents.

Man Sentenced for Real Estate Fraud Scam (1010wins.com) - Oct 4, 2005 3:44 pm US/Eastern (1010 WINS) (MINEOLA) A Long Island man who tried to flee to Germany and Mexico has been sentenced for masterminding a 3-point-1 million dollar real estate fraud in Nassau County.