Homester.com Web News Archive

Real Estate Funds Fall May Have Plus Side (Washington Post) - NEW YORK -- Real estate investment trusts have taken a drubbing this year as some investors have grown concerned the real estate portfolios these companies hold are overvalued. But a drop in share prices of REITs could signal an opportunity for investors willing to look under the hood at what a company owns.

Japan Stocks Drop for a 3rd Day as Investors Shun Real Estate (Bloomberg.com) - Sept. 5 (Bloomberg) -- Japanese stocks dropped for a third day, led by property developers including Mitsui Fudosan Co., on speculation investments the U.S. subprime loan crisis will lead to a reduced interest globally in real estate investment.

Rate decision a relief: real estate body (AAP via Yahoo!7 News) - Home owners will be relieved the Reserve Bank has left interest rates unchanged at 6.5 per cent, the Real Estate Institute of South Australia says.

Real Estate Funds Fall May Have Plus Side (AP via Yahoo! Asia News) - Real estate investment trusts have taken a drubbing this year as some investors have grown concerned the real estate portfolios these companies hold are overvalued.

Man convicted in rape of real estate agent (Summit Daily News) - GREELEY Jurors on Tuesday convicted a man accused of posing as a potential home buyer, then robbing and raping a real estate agent who met him to show him a house in Keenesburg.

Yatra Capital lines up $1 billion in real estate (Hindustan Times via Yahoo! India News) - Saffron Asset Advisors, which manages investments of NYSE Euronext-listed real estate investment firm Yatra Capital, is planning to invest over $ 1 billion in India over the next 12 months.

Real estate company open more branches (Scoop.co.nz) - Hastings McLeod, the fastest growing Canterbury-owned real estate company, today announced it has opened two new branches in the province.

U.K. Real Estate Stocks Decline, Led by Hammerson; Shell Gains (Bloomberg.com) - Sept. 4 (Bloomberg) -- U.K. property stocks fell, led by Hammerson Plc after the company said commercial real-estate investment is starting to slow. Segro Plc and Liberty International Plc paced the retreat.

Dynetech division gets OK for real estate class (BizJournals) - Telligenix Corp. on Tuesday announced it received state approval to start a course providing continuing education to real estate professionals.

Man convicted in rape of real estate agent (KJCT 8 Grand Junction) - GREELEY, Colo. (AP) - Jurors today convicted a man accused of posing as a potential home buyer, then robbing and raping a real estate agent who met him to show him a house in Keenesburg.