Homester.com Web News Archive

San Diego's real estate assets director resigns under pressure (San Diego Daily Transcript via Yahoo! News) - William Griffith, the city of San Diego's real estate assets director, has submitted his resignation effective Oct. 28. Griffith has been criticized for his department's handling of the Gibbs Flying Service lease at Montgomery Field and how the department accounted for its real estate assets.

Real-estate sales cool in South Florida even as median prices rise (Sun-Sentinel) - A cooling in the South Florida real estate sales market continued in Broward, Miami-Dade and Palm Beach counties in August as median prices continued to rise slightly statewide, new figures by the Florida Association of Realtors indicate.

DGAP-Ad hoc: Colonia Real Estate AG : Ad hoc announcement §15 WpHG / Capital increase (vwd.de) - Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. Cologne, September 28th 2005 - The Rights Issue including preemtive rights of Colonia Real Estate AG has been successfully closed.

Official suggests real estate control policy not to be loosened (People's Daily) - The macro-control policy in real estate industry should not be loosened in the near future, the Economic Information Daily quoted an official with the Ministry of Construction as saying.

Real estate crime out of control in Peel (Mississauga News) - While Peel Region already is home to 15 per cent of all real estate fraud in Canada, police, local lawyers and bank officials admit they are fighting a losing battle.

Colonia Real Estate AG: Capital Increase Oversubscribed (Business Wire via Yahoo! Finance) - The Rights Issue including preemtive rights of Colonia Real Estate AG has been successfully closed. Strong demands by Investors and existing shareholders for the new shares lead to a significant oversubscription of the issue. 93.6% of the preemtive had been exercised and many shareholders subscribed more than their pro-rata share.

The Big Real Estate Riddle -- Is Now a Good Time?: Chet Currier (Bloomberg.com) - The Big Real Estate Riddle -- Is Now a Good Time?: Sept. 27 (Bloomberg) -- To all would-be home sellers who aim to time the top in real estate prices, best of luck.

Portland Home Prices Continue to Climb as Competition for Real Estate Heats Up (Smart Growth Online) - Last month's median home price across the Portland region is up 14.8 percent since August 2004, the city is in the midst of another condo construction surge, the competition for suburban real estate ''is turning into a brawl,'' and the notion of where the suburbs end ''is steadily expanding, as homebuyers canvass farther-flung areas in search of bigger houses at better prices'' and suburban

American Skiing Company Names Stan Hansen Senior Vice President of Real Estate and Planning (PR Newswire via Yahoo! Finance) - American Skiing Company announced that it has named Stan Hansen to the position of Senior Vice President of Real Estate.

Hilton Head Real Estate Investor Bequeaths $25 Million to Kelley School of Business (Newswise) - Indiana University's Kelley School of Business announced today (Sept. 27) the naming of its Graduate and Executive Education Center in honor of William J. Godfrey, an IU alumnus who has gone from humble beginnings in Fish Lake, Ind., to great success in real estate and health products.