Homester.com Web News Archive

Pa. real-estate firm buys Conn. site (bizjournals.com via Yahoo! Finance) - Preferred Real Estate Investments Inc. said Monday it bought a 527,000-square-foot distribution center in Connecticut for an undisclosed price.

Federal move could open real estate doors for banks (bizjournals.com via Yahoo! Finance) - A decision by federal regulators to allow two major U.S. banks to develop and own large commercial real estate properties could indicate a broader role in coming years for banks in the real estate industry.

Report: Banks could take larger role in real estate (bizjournals.com via Yahoo! Finance) - A decision by federal regulators to allow two major U.S. banks to develop and own large commercial real estate properties could indicate a broader role in coming years for banks in the real estate industry, the Wall Street Journal reported Monday.

Government OKs two bank real estate deals (Houston Business Journal) - Commercial banks look poised to get more involved as players in commercial and residential real estate, after Bank of America and another financial institution garnered regulatory clearance to develop and own substantial commercial real estate properties.

Local Real Estate Market: Does It Reflect National Boom And Decline? (WJAC 6 Johnstown) - If you're looking for a home in this area you can't miss all the For Sale signs. National real estate hit a boom over the past few years but is reportedly slowing down. Is our local real estate market following the trend?

Real estate agent raped in vacant home (Rocky Mountain News) - A Greeley real estate agent has reported that she was raped by a man posing as a potential buyer of a home in a rural area, Weld County investigators said Monday.

Real estate agent raped at showing (Denver Post) - Weld County deputies have identified a Denver-area man in connection with the rape of a real estate agent on Friday. Brandon J. Bradshaw, 51, is suspected of posing as a potential buyer for the showing of a property in southeastern Weld County. He raped the woman inside the house, according to Sheriff John B. Cooke's office.

Online Real Estate Auction House Selling a Record Setting 80 Million Dollar Property in South Florida Via the Web!!! (PR Newswire via Yahoo! Finance) - In a record setting online auction, a 200+/- acres parcel of real estate in South Florida is being auctioned with a record setting seller's suggested value of 80 Million USD. This mixed use property has the potential to attract a wide range of buyers both in the US and internationally, in what is believed to be the highest value online real estate auction of all time.

Explosion at house injures family, real estate agent (The Olympian) - SANDPOINT, Idaho — A family of three and a real estate agent are recovering from burns to the hands and face after a propane leak caused the house they were touring to explode.

Real estate brokers mum on who got year-end goodies (BizJournals) - Real estate brokerage firms in Boston raked in the dough last year -- at last tally, commercial building sales in the Greater Boston market were projected to hit $4 billion for 2005.