Homester.com Web News Archive

Morgan Stanley, Win or Lose, Gets Biggest Fees for Real Estate (Bloomberg.com) - Nov. 13 (Bloomberg) -- Earlier this month, the Washington State Investment Board, which manages pensions for more than 435,000 public employees, got some bad news as it considered investing in Morgan Stanley's $8 billion real estate fund.

Nashville real estate popular among out-of-state investors (BizJournals) - They like us, they really like us - our commercial real estate, that is.

Real estate attorney says housing market is still hot (BizJournals) - Mark Dioguardi, a real estate attorney at Tiffany & Bosco PA in the Esplanade, wrote in his fall 2006 Real Estate Law Bulletin that while most people know the retail, industrial, office and apartment submarkets are thriving, too many are not in reality's grip when it comes to the housing market.

Ex-Pepper Hamilton executive partner joins real estate company (BizJournals) - Jim Murray, executive partner at Pepper Hamilton from 1995 to 2002, left the firm last month to join real estate developer O'Neill Properties of King of Prussia. Murray, who spent his entire 30-year career at Pepper Hamilton and served 14 years on its executive committee, now serves as president of O'Neill Cos., the developer's parent company. He will be responsible for overseeing administrative

Oman To Host Real Estate Exhibition In Jan 2007 (Asia Pulse via Yahoo!7 News) - The Oman International Trade and Exhibitions Company will organize the International Real-Estate Exhibition at OITE on January 2007.

Chinese real estate developers fudging accounts to escape tax (New Kerala) - Beijing, Nov 13: Riding on an unprecedented property boom, Chinese real estate developers are fudging their account books to evade tax, an official investigation has found.

COMMERCIAL MORTGAGES: Commercial real estate still enjoying good times (Richmond Times-Dispatch) - As in politics, real estate markets suffer or excel based on perception. Today, residential home buyers think home prices are falling off a cliff. Because of that perception, no buyer is eager to buy today, feeling that tomorrow, the price may be cheaper.

• New York: Real-estate listing opens to public (Turks.US) - NEW YORK - The New York Real Estate Board, consisting of the biggest broker members like Prudential Douglas Elliman and Corcoran Group, opens real asset listings to buyers in 2007 concluding distinctiveness in the most luxurious urban market in the U.S.

October figures provide some real estate relief (The Fort Collins Coloradoan) - After all of the surprises of the current year's real estate sales market, it is way too early to make any predictions about a turnaround, but the October figures provide some pleasant relief from the double-digit sales drops we experienced in August and September. The 283 closed home sales in October were a 6.4 percent increase from last year and the average price of $272,640 was a 2.7 percent

Real estate agents' commission a hard sell (Denver Post) - As real estate agents and brokers watch their bottom lines find new bottoms in the post-boom world, the very way most of them earn a living - the commission system - is coming under increasing attack from consumer groups.