Homester.com Web News Archive

Real estate industry eager to serve immigrants (Atlanta Journal-Constitution) - The slumping housing market could get a $200 billion boost from new immigrant home buyers if mainstream lenders start using alternative methods to score credit, a national group of Hispanic real estate agents said. Creditors like Citigroup Inc.'s Citibank see recent immigrants as a growing market niche, but those who lack Social Security numbers or legal status in the United States often are

Real estate agents not surprised at house price falls (ABC via Yahoo!7 Finance) - Canberra's real estate agents say they are not surprised by figures that show house prices have fallen over the past three months.

Bar Suspends Attorney Tied to Real Estate Fraud Probe (Law.com) - Attorney Gabriel Martin, who ran unsuccessfully for Miami-Dade public defender promising to clean up the office, has been suspended from practicing law after his firm was caught up in a federal real estate fraud investigation.

NSW Real Estate Institute to lobby govt (AAP via Yahoo!7 News) - The NSW Real Estate Institute says it will lobby the state government ahead of next year's election to ensure investors are lured back into the market.

Slowdown causes new real estate agents to worry (New Hampshire Union Leader) - According to a survey of Realtors in New Hampshire, nearly half of the real estate agents in the state began their careers during the peak of the real estate craze, but now that the market is starting to soften, some real estate agents who once rode the crest of the housing wave may be looking for other ways to earn a living.

Demand for real estate loans weakening (NorthJersey.com) - U.S. banks report that demand for commercial real estate loans fell in the past three months, and many lenders have made it harder to qualify for such loans.

Real Estate People & Places (Pittsburgh Post-Gazette) - George Hackett , president and chief operating officer of Coldwell Banker Real Estate-Pittsburgh, has been appointed president of the board of directors of the Western Pennsylvania Multiple Listing Service.

Summit County real estate volume takes dramatic turn in September (Summit Daily News) - SUMMIT COUNTY - After a slump in August, the real estate market in Summit County proved bullish once again in the month of September, according to statistics collected by Land Title Guarantee Company.

Pitfalls of using IRA to buy real estate (Bankrate.com via Yahoo! Finance) - In theory, it's true that you can invest in real estate using IRA funds, but in practice it's difficult, says CPA George Saenz.

RioCan Real Estate Investment Trust Announces Third Quarter 2006 Results (SYS-CON Media) - RioCan Real Estate Investment Trust ('RioCan')(TSX: REI.UN) -