Homester.com Web News Archive

Own Real Estate But Not A House (Forbes) - Gain exposure to real estate without owning property. Here's how.

Real estate agent uses her environmental savvy to aid tornado-stricken Greensburg (The Kansas City Star) - Laura Sterchi of Prairie Village doesn’t just sell real estate to her clients; she educates them on the importance of green building techniques.

Hypo Real Estate 2Q net profit drops to $41.7M (AP via Yahoo! Finance) - Hypo Real Estate AG said Wednesday its net profit for the second quarter was down 28 percent because of "unfavorable market conditions" related to the private real estate crisis in the U.S., and subsequent financial market turmoil.

British Land Plunges Most in 16 Years as U.K. Real Estate Falls (Bloomberg.com) - Aug. 13 (Bloomberg) -- British Land Co. , the largest landlord in London's main financial district, plunged the most in almost 16 years as U.K. real estate stocks fell on concern about further declines in property values and future earnings.

Real estate sector’s large share of foreign capital (Vietnam Net) - VietNamNet Bridge – Too much capital – 50 per cent of the US$45.28 billion in foreign direct investment for the first seven months of this year – has been given over to real estate projects across the nation.

SM's property unit reports higher real estate earnings (GMANews.TV via Yahoo! Philippines News) - MANILA, Philippines - Net income from real estate operations of SM Development Corp., the property developer of the SM Group, more than tripled on price increases of its condominium units.

Broker: Vail Valley real estate slower, but still 'good' (Vail Daily) - VAIL — Tighter credit and a slowing economy have slowed real estate sales across the region this year. But, while sales volume is down everywhere, the average price of homes in Garfield and Summit counties is still on the rise.

EXCLUSIVE: Apollo Global Targets Real Estate (TheStreet.com) - The giant private equity firm, which aims to go public, is quietly forming a large fund to invest in real estate.

Burning buildings are part of O’Neill’s real estate empire (Philly.com) - The RiverWalk at Millennium complex along the Schuylkill River belongs to a real estate empire J. Brian O'Neill built over two decades, often turning old industrial properties into trendy offices and apartments.

German Stocks Fall, Led by Hypo Real Estate, Banks; BMW Drops (Bloomberg.com) - Aug. 13 (Bloomberg) -- German stocks declined for a second day after Hypo Real Estate Holding AG said profit plunged 95 percent on writedowns, adding to concern that banks are facing more credit-related losses.