Homester.com Web News Archive

China's real estate bubble causes jitters (The Malaysian Insider) - BEIJING, Jan 12 — With property prices soaring in key cities, many investors and bankers worry that China has the next great real estate bubble waiting to be popped. The Chinese government is worried, too. On Sunday, the nation's Cabinet, citing “excessively rising house prices” in some cities, said it will monitor capital flows to “stop overseas speculative funds from jeopardising China's ...

In China, fear of a real estate bubble (Washington Post) - BEIJING -- With property prices soaring in key cities, many investors and bankers worry that China has the next great real estate bubble waiting to be popped.

N.J. real estate prices headed up (The Record and Herald News) - New Jersey home prices have bottomed out and will rise about 2 percent this year, real estate appraiser Jeffrey Otteau predicted Monday.

Invista Real Estate Surges After Company Announces Bid Talks (Bloomberg) - Jan. 11 (Bloomberg) -- Invista Real Estate Investment Management Holdings Plc , the U.K.’s largest publicly traded property asset manager, rose the most since it first sold shares to the public after saying it may receive an offer.

Alan Joel, Dan Granot Join Forces Veteran Realtors Form Joel & Granot Commercial Real Estate (dBusinessNews.com) - ATLANTA - Alan Joel and Dan Granot have merged their successful commercial real estate firms to create Joel & Granot Commercial Real Estate.

Pullback Setup in iShares Real Estate Index (IYR) (TradingMarkets.com via Yahoo! Finance) - Here's a look at the iShares Real Estate Index, an ETF that showed relative strength throughout most of December, but pulled back to short-term support of its 20-day exponential moving average last week.

As Goes The Home Market, So Goes Commercial Real Estate (Oregon Public Broadcasting) - Oregon's housing market has suffered over the last couple of years, but the local commercial real estate market is enduring a similar fate.

Real estate study cites rental vacancies at 30 year high (KFVS 12 Cape Girardeau) - A new commercial real estate study shows apartment rental vacancies are at a 30 year high nationwide.  Some property owners say they have not changed their policies in years. Others say they are willing to adapt to help tenants find a place to call home.

Local real estate agent wanted for employee theft (Hibbing Daily Tribune) - HIBBING — A felony warrant was issued in St. Louis County Court last week for Hibbing resident and real estate agent Kathleen Cicmil. Cicmil, 54, is accused of stealing more than $300,000 over a decade as an agent and bookkeeper from former employer Perrella and Associates.

San Rafael furniture sale could be sign of rebounding real estate market (Marin Independent Journal) - If Stuart Piontek is right, 2010 will be a good year for Bay Area real estate. Piontek, a pioneer in providing quality furniture to stagers who make homes on the market look lovely and lived in, is selling a huge chunk of his massive inventory in a sale starting this week in San Rafael.