Homester.com Web News Archive

East Texas represents a good investment opportunity, real estate expert says (The Lufkin Daily News) - While Texas has not suffered as much from the subprime lending crisis as other places, a real estate expert said Friday in Lufkin, it certainly is not immune to it.

ING's New Global Real Estate Fund Kicks Off with $300M Investment (Commercial Property News) - London-based ING Real Estate Select has just introduced its Global Osiris Property Fund to the market.

Valley real estate slows (Vail Daily) - VAIL, Colorado — In May, Eagle County real estate saw its second-slowest month since 1996. There were 107 transactions for the month, according to an analysis released Monday by Land Title Guarantee Company in Eagle. That compares to 266 transactions in May of last year.

Federal pension agency solicits Wall Street's help for private equity, real estate investments (Canadian Business) - WASHINGTON (AP) - The federal agency that backs the retirement benefits of 44 million Americans is seeking financial firms to invest about $2.5 billion of its assets in private equity and real estate.

Furrowed Brows Are The New Black in Real Estate (The New York Observer) - Pessismism is back! Raymond Torto, global chief economist for CB Richard Ellis, gives an unvarnished perspective of the global real estate market in his August " Global Viewpoint ." Some choice tidbits: "The unwinding of the U.S. housing and mortgage market euphoria has produced tremors that, at mid-year 2008, have reached seismic proportions." (Editor's note: Yikes!) "...It is our ...

Locating Miami Real Estate’s Hidden Potential (Turks.US) - When we talk about Miami real estate we can always talk about potential. Be advised that housing is one of the most basic of human needs.

Looping Holes on the Miami Foreclosure Real Estate (Turks.US) - It’s funny that these days, Miami real estate investment can be an excellent way to increase your working capital, or just make an honest living for yourself. There are many ways of working real estate investment, but one of the most popular recently is investing in foreclosed real estate.

Looking Close at Miami Foreclosure Real Estate (Turks.US) - Let us keep up with the standard that the real estate market is asking too much from the investors and consumers alike. Over the years the growth of the market has seen its highs and lows and because of that, the conclusion of the markets emergence has really seen an overwhelming change.

Allete 2nd-quarter profit dives 53 percent on lower real estate income (Canadian Business) - DULUTH, Minn. (AP) - Allete Inc., a coal, utility and real estate company, said Friday its second-quarter profit dropped by more than half, due in part to lower real estate income from its Florida land business, and widely missed Wall Street expectations.

Minot Real Estate Firm Buys Bank of ND Building (KQCD-TV Dickinson) - A Minot real estate investment company has bought the former Bank of North Dakota building for $2.22 million. The state-owned bank moved into its new headquarters in west Bismarck in January.