Homester.com Web News Archive

Subprime ripple effect hits retail real estate (International Herald Tribune) - Many in the U.S. retail real estate industry are bracing themselves for a slowdown in spending as the subprime mortgage crisis and the decline in housing values continue to send ripples through the economy.

Despite slow market, real estate still hyped to investors (Atlanta Journal-Constitution) - He had long blond locks and sparkling studs in each earlobe. She was blond and coifed, strutting in front of a crowd in a convention room of a DeKalb County hotel. "Write this down," she said. About 45 listeners — hungry for secrets on how to make riches in a real estate market that gives economists the heebie-jeebies — bowed their heads to write. "Guilt is the universal manipulator," she said. ...

Real Estate Weekly -- Sept. 14 (Market Watch) - Think of the most dangerous jobs out there and real-estate agent is probably not high on the list. Yet for the past five years, the National Association of Realtors has been taking a week to educate its members on how to be safe on the job.

Real estate: Seller’s are learning that it’s now a buyer’s market. (The Providence Journal) - As the housing inventory goes up, sale prices are bound to go down, real estate representatives say.

Real estate agents seeking other jobs (The Providence Journal) - Even when Leon Maldonado was getting his real estate license three years ago, he saw that the red-hot housing market in San Diego was beginning to cool. But he decided to forge ahead.

Monmouth Real Estate Investment Corporation Announces New Acquisition (FinanzNachrichten) - FREEHOLD, N.J., Sept. 14 /PRNewswire-FirstCall/ -- Monmouth Real Estate Investment Corporation ( Nachrichten ) is pleased to announce the acquisition on September 13th of a 34,624 square foot industrial building at the Charlotte County Airport, 7569 Golf Course Boulevard, Charlotte County, Punta Gorda, Florida, at a purchase price of approximately $4,100,000. The property is net-leased to ...

Hawaii real estate suit filed over noisy frog (Honolulu Advertiser) - HILO, Hawai'i — A Honolulu company is suing a Big Island real estate firm for making allegedly false representations about a Hilo property that was billed as "pristine" but turned out to be infested with coqui frogs.

U.S. real estate woes make their way to Mexico (The Nashua Telegraph) - PLAYAS DE ROSARITO, Mexico -- The ripples of the U.S. real estate boom began washing up on the shores of this beach town a few years ago. ... - By MARLA DICKERSON Los Angeles Times

Real estate transactions (The Salem News) - The following real estate transactions took place in North Shore towns recently:

Sonae Sierra, ING Real Estate plan to invest 31 mln eur on Colombo mall (FinanzNachrichten) - LISBON (Thomson Financial) - Sonae Sierra, the real estate unit of Sonae SGPS, ( Nachrichten ) said it plans to invest 31 mln eur in renovating ( Nachrichten / Aktienkurs ) its Lisbon flagship, Colombo shopping centre, which it owns in a joint venture with ING Real Estate.