Homester.com Web News Archive

Real Estate Bargains (Forbes) - A softening housing market is hurting any stock on the fringe of real estate.

American Real Estate to Sell Subsidiary (AP via Yahoo! Finance) - Riata Energy Inc. and American Real Estate Partners LP said Thursday they have entered into an exclusivity agreement to allow Riata an option to acquire American Real Estate's subsidiary NEG Oil & Gas LLC.

Real estate sees the rise of discounters (San Antonio Express News) - David Marne pokes fun at the traditional fruit basket some real estate agents give clients as a housewarming gift.

CME to follow up housing derivatives with real-estate contracts (Market Watch) - BOSTON (MarketWatch) -- New futures and options contracts from the Chicago Mercantile Exchange designed to hedge real-estate exposure are drawing more interest as investors grip with the unpleasant reality the U.S. housing market may be facing a deeper-than-expected downturn.

Real Estate Ads Move to the Internet (BusinessWeek) - Real estate listings are moving online, and newspapers are racing to protect their classifieds market by following them

Merc to add real estate futures (Chicago Tribune) - Commercial property contracts based on indexes; 10 planned The Chicago Mercantile Exchange said Wednesday that it will offer futures and options on commercial real estate, allowing investors to bet on swings in the value of the $5.3 trillion U.S. market.

Schwarzenegger mulls real estate license bills (Orange County Register) - Two measures have landed on the governor's desk toughening requirements for getting a real estate license.

ERA Real Estate Recognized by J.D. Power and Associates for Third Year in a Row (Real Estate News) - ERA received the highest numerical score among national full service real estate firms

Looking ahead in commercial real estate: forecast mixed (BizJournals) - The market forecast for commercial real estate practitioners in Tampa Bay is hot, cool and chilly.

Real Estate Firms Buy Credits for Wind Power (NRDC Worldview) - Two real estate firms announced yesterday that they had committed to purchasing credits for power generated from wind farms to cover the energy needs of their joint headquarters in Bethesda and an office building in downtown Washington.