Homester.com Web News Archive

Real-estate market of 2006 slips, predictions for recovery differ (San Diego Daily Transcript via Yahoo! News) - The 2006 San Diego County residential real-estate market can be summed up as one that experienced a decrease in home sales activity, an adjustment in price increases and a rise in standing inventory.

Briefing - Asia Real Estate - Dec 19, 2006 (Asia Pulse via Yahoo! Asia News) - An executive briefing on real estate for Dec 19, 2006, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.

Macquarie Plans $2 Billion U.A.E Real Estate Trust (Update2) (Bloomberg.com) - Dec. 18 (Bloomberg) -- Macquarie Bank Ltd., Australia's largest securities firm, plans to start a $2 billion United Arab Emirates real estate investment trust with local partners to exploit rising property prices in the Persian Gulf state.

Latest Deal in Real Estate for $9 Billion (New York Times) - Realogy, the giant real estate franchisor, agreed today to be sold to Apollo Group, the private equity firm, for about $9 billion.

Wall Street Journal Recognizes Local Real Estate Team as National Leader (Real Estate News) - DFW Real Estate Group ranked third nationally in closed transactions, #13 in sales volume

LeadingRE Affiliates Comprise More Than One-Fourth Most Influential Thought Leaders in Real Estate (Real Estate News) - Pamela O’Connor, president/CEO of LeadingRE, and six LeadingRE affiliate members named real estate powerhouses in Realtor magazine’s list

Feds: Real estate boom fuels criminal activity (Las Vegas Business Press) - Massive expansion in the nationwide real estate market during the last few years has unleashed a wave of suspected money laundering, first in the mortgage industry and now in the commercial real estate business, federal authorities reported recently.

German Stocks Including MAN Rise; Hypo Real Estate Declines (Bloomberg.com) - Dec. 18 (Bloomberg) -- German stocks including MAN AG and Deutsche Boerse AG rose. Hypo Real Estate Holding AG dropped. The benchmark DAX Index added 1.04, or less than 0.1 percent, to 6589.87 as of 9:02 a.m. in Frankfurt.

Briefing - Asia Real Estate - Dec 18, 2006 (Asia Pulse via Yahoo! Asia News) - An executive briefing on real estate for Dec 18, 2006, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities. AUSTRALIA REGISTERS DROP IN NEW HOME SALES IN NOVEMBER

Apollo Management set to acquire real estate giant Realogy Corp. (Houston Chronicle) - A major private equity firm is set to purchase real estate giant Realogy Corporation, the parent company of Century 21 and Coldwell Banker, for more than $6.6 billion, the companies announced Sunday.