Homester.com Web News Archive

Real Estate Experts Discuss Possible Home Price Drops on East, West Coasts (Builder Online) - Nov. 4--LOS ANGELES--Rising mortgage rates and construction costs will cool the red-hot residential market and home prices could actually fall on the East and West Coasts in the next 18 months, real estate experts told the fall meeting of the Urban Land Institute Thursday.

Elevation puts $100 million in real estate listings site (San Jose Mercury News) - Elevation Partners, a Menlo Park private equity firm, said Monday it has agreed to invest $100 million into Homestore, a major provider of real estate listings and information.

INVESCO Real Estate Europe Eyes Russia (Commercial Property News) - INVESCO Real Estate Europe plans to allocate up to 20 percent of its new €700 million Central European Fund to Russian commercial property investments.

EARNINGS PREVIEW: Hypo Real Estate 3Q Seen EUR77M Thu (New Ratings) - 1717 GMT [Dow Jones] FRANKFURT--Hypo Real Estate Holding (HRX.XE) Thursday seen posting a 3Q net profit of EUR77M, doubling the EUR36M reported in 3Q 04, according to a Dow Jones Newswires average of 8 analysts.

Ont. toughens real estate fraud laws (Canada.com) - TORONTOÂ -- Ontario's Real Estate and Business Brokers Act is being updated to offer consumers better protection by increasing fines for fraud and misleading advertising.

Future For Commercial Real Estate Bright In Post Super Bowl Jacksonville (First Coast News) - JACKSONVILLE, FL -- Housing starts have grabbed the headlines in recent years, but the stage is set for a commercial real estate boom on the First Coast.

REAL ESTATE / ROBERT BRUSS: Transaction fees aren't necessary (The Charlotte Observer) - Q. As a Realtor, I am annoyed by your constant put-down of real estate agents and brokers, especially regarding unnecessary junk fees, as you call them. It seems all right with you for the public to negotiate the sales commissions charged to sell their properties. Sellers offer us 3.5 percent or 4 percent. Why, then, can't my agents attempt to recapture some of that lost revenue by negotiating a

First-timers key to 2006 Ottawa real estate market (Ottawa Business Journal) - First-time buyers will fuel every segment of the Ottawa real estate market next year, according to a new forecast from RE/MAX.

International 5 Star Property Award for Dhalia Real Estate (di-ve) - Dhalia Real Estate was given a five star award and voted the Best Real Estate Agency in Malta at this year's edition of the Bentley International Property Awards. In the International property world these annual awards are equivalent to film Oscars.

Trump headlines Real Estate Wealth Expo in Rosemont, Ill. (MENAFN) - Trump headlines Real Estate Wealth Expo in Rosemont, Ill.