Homester.com Web News Archive

Agassi's post-tennis career: real estate (Reuters via Yahoo! News) - American tennis star Andre Agassi, who retired from center court earlier this month, has wasted no time in building a new career -- in real estate.

Alexandria Real Estate to Sell Shares (AP via Yahoo! Finance) - Alexandria Real Estate Equities Inc., a real estate investment trust, said Monday that it has agreed to sell 2.5 million common shares in a follow-on public offering.

Windermere Real Estate Launches New Home Search Software Featuring Google Maps and Super-Size Photos (SYS-CON Media) - Searching for real estate online just goteasier. Windermere Real Estate, the largest independent real estate companyin the West, today debuted its new PropertyPoint™ home search tool andannounced the availability of its real estate listings on Google.

Investors want international stocks, not real estate - survey (Market Watch) - NEW YORK (MarketWatch) -- Retail investors continue to lose interest in real estate holdings as property values slide, and are instead favoring international stocks, according to a recent survey by TD Ameritrade Holding Corp.

Former 'Apprentice' star expands real estate business (The Business Journal of Phoenix) - One of the former hopefuls on Donald Trump's TV show, "The Apprentice," is part of a trio expanding their real estate business with a new division and new location.

Brookfield Closes Real Estate Opportunity Fund (SYS-CON Media) - Brookfield Asset Management Inc. (TSX: BAM)(NYSE: BAM)('Brookfield') announced today that it has closed a $240 million real estate opportunity fund. The Fund will invest in underperforming real estate in North America.

Home Prices Slip, Real Estate Agents Hold On (Red Herring) - Despite their problems adapting, real estate agents are fending off the Internet’s onslaught.

US real estate brokers may not survive the worldwide depression of economies - existing home price down 1.7 (India Daily) - The median home prices of existing homes stand at $225,000 - 1.7% down from a yaer earlier. The resient home owners are giving up. They are not agreeing to pay commision to real estate brokers for falling home prices.

Business / Real Estate (The Moscow Times) - With the launch last week of Century 21's operations in Moscow, real estate franchising appears to have arrived in Russia.

Lowe’s warning another sign of real estate market driven US deep recession (India Daily) - Lowe’s warning is alarming when you add it to what data and feedback is out there from the economy. Lowe's now sees profit at the low end beacuse of the real estate bubble burst.