Homester.com Web News Archive

A new real estate cost to watch for: Developer's private transfer fee (Washington Post) - How about this for a new and ingenious real estate money machine? Every time a house sells during the next 99 years, 1 percent of the price goes back to the original developer or is shared among investor partners. Ka-ching!

A plan to save commercial real estate (CNN Money) - Economists have long been predicting commercial real estate could be the next day of reckoning for the financial markets, with a wave of defaults looming as billions of dollars in troubled loans come due in the coming months.

Real Estate Live (Washington Post) - Post Real Estate Editor Elizabeth Razzi will discuss the latest in the housing market -- from condos and investment properties to contracts and mortgages on Friday, March 5, at 1 p.m. ET.A transcript follows.

Qns. duo in $16M real-estate 'buy' scam (New York Post) - A Queens couple brazenly scammed a dozen property owners out of more than $16 million in real estate and other assets, authorities say. Matthew McEntee, 50, used what appeared to be certified corporate checks drawn on an HSBC account to purchase property in New York, New Jersey, Pennsylvania, California and...

Real estate seminars focus on careers, tax credits (Rochester Democrat and Chronicle) - Several real estate companies are holding seminars for people interested in the career. Other seminars focus on tax credits for home buyers and loans for home improvements.

Real Estate Live (Washington Post) - Post Real Estate columnist Elizabeth Razzi will discuss the local housing market -- from condos and investment properties to contracts and mortgages on Friday, March 5, at 1 p.m. ET.

Real Estate's Link to the Small Business Credit Crunch (BusinessWeek) - Small business owners, who often borrow against homes and offices, are suffering from the vicious cycle that's keeping credit tight and pushing real estate down

Collier Real Estate Transactions from Feb. 8 - 12, 2010 (Naples Daily News) - Collier Real Estate Transactions reported by the Collier County Property Appraisers Office from Feb. 8 - 12, 2010. Click on link at left to view the entire list of sales

South Lee County Real Estate Transactions from Feb. 22 - 26, 2010 (Naples Daily News) - South Lee County real estate transactions reported from Feb. 22 - 26, 2010. Click on link at left to view the entire list of sales

Real estate boom in China prompts fears (UPI) - SHANGHAI, March 5 (UPI) -- The current real estate boom being enjoyed in China could result in a collapse that could have devastating implications for the world's economy, experts say.