Homester.com Web News Archive

Tech trends rock real estate world (CNN Money) - Home buyers and sellers have already seized much of the power once in the hands of exclusively of real estate professionals. But they're about to get stronger still.

Double shooting at real estate office (7News via Yahoo!7 News) - Two people have died in an apparent murder-suicide shooting at a Brisbane real estate office.

Real Estate Gauge: Private Residential Investment as a Percentage of GDP (SeekingAlpha via Yahoo! Finance) - Eddy Elfenbein submits: Here's a graph showing private residential investment [PRI ] as a percentage of GDP. It's a good gauge of how well the real estate market is doing. The number averages about 4.7%, with a standard deviation of about 0.7%.

Real estate market pricing out health care workers (NBC 2 Fort Myers) - A new study shows that real estate is pricing out health care workers and Southwest Florida ranked high on the list. One woman said she has been forced to leave her home because she just cannot afford it anymore.

Real Estate Appraiser Cleared of Wrongdoing (KLAS Las Vegas) - State investigators say a real estate appraiser who's been under investigation for almost two years did nothing wrong. County officials blamed the appraiser for millions of lost public dollars due to questionable appraisals. Now, that appraiser is making some allegations of his own.

Local real estate firm bought by chain (Springfield News-Sun) - Goodrich & Vereen, Springfield's second-oldest real estate firm, announced that it has been purchased by Real Living, the nation's fourth-largest residential real estate firm and the largest independently-owned firm in the Midwest.

Market Report / Real estate, banks drag down shares (Haaretz Daily) - Another day of sharp falls hit the Tel Aviv Stock Exchange yesterday, dragged down by banks and real estate. Pullbacks in the East and in Europe, coupled with a possible criminal investigation of Prime Minister Ehud Olmert, weighed down the markets.

San Antonio real estate breaks records in 2006 (San Antonio Express News) - San Antonio real estate reached record levels again in 2006

Viewpoint: Real estate is now as safe as houses (FT.com via Yahoo! News) - In the past, real estate in India was considered a risky asset class to finance by lending institutions. This was reflected in the high rate of capital provisioning on loans extended to the sector. Debt financing markets have since evolved considerably. With recent reform and growth of the real estate market, a number of financing avenues have opened up for Indian developers.

Sponsored results for Florida Real Estate: (UK-Flava.com) - Florida Real Estate Preview our selection of new luxury condos, townhomes and single family homes at pre-construction. Golf and country club, gated communities, ocean and beachfront properties.