Homester.com Web News Archive

U.S. Real Estate Market Dodges a Crash Landing (NPR) - Housing slumped in 2006 after several years of double-digit annual growth in many sections of the country. The slowdown has led to an uptick in foreclosures and layoffs in the construction industry. But the pain, so far, seems fairly contained. And many economists believe the U.S. has avoided a worst-case crash landing in real estate.

Grocery pioneer getting into the real estate business (Naples Daily News) - The Wynn family is bringing its name to another business. After operating grocery stores, a restaurant, an inn, a catering business, a development and property management company, and a chain of hardware stores, the Wynns have ventured into something they haven’t done — real estate.

Real estate companies relish realty boom (NDTV Profit) - Real estate prices have escalated over the last year ringing in the good times for real estate companies. Property prices maybe rising but so is demand and the boom has got everyone excited.

Airdrie and area real estate market continues steady (Airdrie Echo) - The local residential real estate market continues to be very steady. According to statistics released by the Calgary Real Estate Board and the City of Airdrie, there were 65 MLS® sales last month, similar to the 66 sales in October, but down from 84 in November 2005.

COMMERCIAL REAL ESTATE NEWS (San Jose Mercury News) - At least four different entities expressed interest in acquiring all or part of Equity Office Properties Trust before the company agreed to sell itself to a unit of private equity firm Blackstone Group, according to a company filing. In addition, the Chicago-based real estate investment trust noted it will consider higher bids than Blackstone's $48.50-a-share offer. The deal, announced in ...

Joy Real Estate names V.P. of Development (The Greenville News) - JOY Real Estate announces the appointment of N. Craig Bailey as Vice President of Development. Bailey comes to JOY Real Estate with over 20 years of experience in Education, Government, and Business. At JOY Real Estate, Bailey will be responsible for daily operations and corporation growth. The firm also announces the top performing agents for the month of November. Top sales agents were Laura ...

Real estate agents take dramatic turn for sales (Seattle Post-Intelligencer) - With 13,747 licensed real estate salespeople in King County, agents need to distinguish themselves somehow. Some wear costumes, serve pie or distribute handy gifts. Others aim for a niche location, home type or a group of buyers.

• 2006 real estate deals reach record heights (Turks.US) - The National Association of Realtors announced that more than $236 billion of commercial real estate transaction volume were registered from January to October, 2006 compared with that of last year’s $231.9 billion.

Out Grown The Garage? Commercial Real Estate May Be For You (Local Tech Wire) - Editor’s Note: Guy Harvey is managing principal in Staubach’s Raleigh office. Harvey has more than 16 years experience in managing complex real estate projects for hundreds of clients in 18 states.

Laughlin joins Legacy Real Estate (Newport News-Times) - William (Bill) Laughlin has joined Legacy Real Estate, which opened earlier this year at 4741 SW Hwy. 101, in the Taft District of Lincoln City. Laughlin, who moved to north Lincoln County to be closer to family, has 27 years experience as a real estate broker in California.