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Study: Real Estate Ads Grow Online (Broadcasting and Cable) - Total ad spending for real estate is down 3% in 2007, but online advertising for the segment skyrocketed 25.8%, according to a new study from media research firm Borrell Associates.
Commercial Real Estate Index Turns Down (AP via Yahoo! Finance) - The commercial real estate market is expected to decline slightly in the coming months, a U.S. trade group said Tuesday, in an indication that turmoil in the residential market may be spreading.
Real estate tax rate could jump 23 cents next year (Northern Virginia Times Community) - Strap on the seat belts. Fauquier's real estate tax rate next year could be one for the record books. County Budget Director Bryan Tippie said the levy could jump 18 to 23 cents per $100 assessed value.
Citing Real Estate Downturn, McClatchy Ad Revs Fell 9.9 Percent In October (paidContent.org via Yahoo! Finance) - The McClatchy Company reported that its October ad revenues dropped 9.9 percent to $181 million from $202 million the year before, as the troubled real estate sector exerted downward pressure on classifieds.
Consultant: Tax Break Could Boost Miss. Real Estate Investments (WLOX-TV Biloxi) - A real estate consultant says a new state tax break could prompt investors to put money into "trophy properties" like retail centers, multifamily complexes and office buildings in Mississippi.
Real estate broker skips hearing on tax evasion charge (Pittsburgh Post-Gazette) - Federal prosecutors today said they will seek an arrest warrant for James C. Platts, a real estate broker who defied a judge's order to appear at a hearing this morning.
Committee rejects proposed real-estate policy (Northwest Herald) - WOODSTOCK – A controversial proposed policy designed to regulate how and when the county enters into real-estate transactions was batted down by its drafting committee this week and declared dead by its top promoter.
Consultant: Tax break could boost Miss. real estate investments (WMCTV Memphis) - Associated Press - November 20, 2007 2:04 PM ET JACKSON, Miss. (AP) - A real estate consultant says a new state tax break could prompt investors to put money into "trophy properties" like...
Experts see more trouble ahead for region's real estate market (The Fresno Bee) - Participants in a symposium on real estate are predicting more trouble ahead for the region's real estate market.
Real-estate buyers are in the driver's seat today (Hot Springs Village Voice) - A high profile national Realtor has made an intriguing observation - buyers are in a better position to negotiate with sellers than they have been in years. Michael Soon Lee, author of Black Belt Negotiating (AMACOM Books, 2007), pointed out sellers called the shots in real-estate transactions over the last decade or so.
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Real estate power broker dead of apparent suicide (CNN) - One of Chicago's most well-known real estate moguls appears to have shot himself to death, police said.
Can Facebook Save the Real Estate Market? (Newsweek) - Can Facebook revive the real-estate market?
Chicago Real-Estate Executive Found Dead in Apparent Suicide (Fox News) - Real-estate executive Steven L. Good was found dead of an apparently self-inflicted gunshot wound Monday in his Jaguar in a forest preserve outside Chicago.
Harold A. Ellis Jr. dies at 77; co-founder of the Grubb & Ellis real estate company (Los Angeles Times) - Ellis also helped launch CataList Homes Inc. Harold "Hal" A. Ellis Jr., a founder of real estate services firm Grubb & Ellis Co. and one of the best known figures in U.S. real estate, died Monday of metastatic melanoma at his home in Piedmont, Calif. He was 77.