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Homester.com Web News Archive

Don't buy into hype about real estate sector (Boston Globe) - To all would-be home sellers who aim to time the top in real estate prices, best of luck.

New Orleans real estate market has uncertain long-term outlook after Katrina (Picayune Item) - NEW ORLEANS (AP) - Real estate agent Fred Buras' cell phone has been ringing incessantly for weeks. Residents displaced by Hurricane Katrina are on the line asking if he has any high-and-dry properties they can move into quickly.

Real estate slowdown warning (AME Info) - Veteran Gulf economist Dr. Henry T. Azzam warns of a slowdown coming in Middle East real estate markets after a three-year boom in his Gulf News column today. The region's most senior economist says that a period of stagnant sales and rising inventories will be the first sign of trouble.

Columbia School Board to discuss real estate in closed session (Columbian Missourian) - The Columbia School Board will meet in closed executive session Monday afternoon to consider the leasing, purchasing or sale of real estate, according to its agenda.

Is the Real Estate Bubble About to Burst? (PR Web) - Couple the astronomical increase in real estate value with the continuing trend of low interest rates, and you have a sizzling hot real estate market that just keeps getting hotter as investors jump on board to get their piece of the real estate pie. How long can prices rise before no one can afford to buy a house? [PRWEB Oct 9, 2005]

Real Estate Q&A (The Charlotte Observer) - Q. My late mother's will left her assets to me, her only offspring. Her real estate is heavily mortgaged, in a distant state, and I don't want any of her assets.

Checking out the real estate scene (Las Vegas Sun) - Real estate professionals and others with an interest in commercial real estate survey Las Vegas projects Friday on the annual National Association of Industrial and Office Properties' bus tour.

Real estate how-to: Making a dollar by flipping over hot properties (Seattle Times) - The hot real-estate market has helped many people make money by real-estate "flipping." "A basic definition of 'flipping' is when people..."

5 Billion U.S.D. Real Estate Investment Partnership Agreement Signed With Dubai (TurkishPress.com) - ISTANBUL - Turkish Premier Recep Tayyip Erdogan participated in the signature ceremony of a real estate investment partnership (GYO) agreement, between the Municipality of Istanbul and Dubai International Properties, that is worth five billion USD.

Real Estate Market Uncertain After Storms (AP via Yahoo! News) - Real estate agent Fred Buras' cell phone has been ringing incessantly for weeks. Residents displaced by Hurricane Katrina are on the line asking if he has any high-and-dry properties they can move into quickly. Speculators from across the country are calling, looking to buy heavily damaged homes on the cheap.

 
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China to Introduce Real Estate Investment Trusts, Qi Says (Bloomberg) - Jan. 6 (Bloomberg) -- China’s central bank and bank regulator are formulating a plan to allow developers to raise funds through real estate investment trusts, or REITs, said the country’s vice housing minister.

Poly Real Estate 2008 Property Sales Rise to 20.5 Billion Yuan (Bloomberg) - Jan. 6 (Bloomberg) -- Poly Real Estate Group Co. , China’s second-largest publicly traded developer, said property sales rose 20.4 percent to 20.5 billion yuan ($3 billion) last year.

Maine real estate taxes down (Boston Globe) - The real estate slump is resulting in declining real estate transfer tax collections across northern New England.

Real estate mogul dead in apparent suicide (Chicago Sun-Times) - Steven Good, a major figure in Chicago real estate, was found shot dead in a Kane County wildlife preserve, police said Monday. Good, 52, appeared to be the victim of a self-inflicted gunshot wound, police said. They said his body was found in a car parked in the Max McGraw wildlife preserve near East Dundee.