Homester.com Web News Archive

New Jersey Man Sentenced to 18 Years for Real Estate Fraud (New York Times) - Wayne D. Puff, who orchestrated a Ponzi scheme during the real estate bubble, was also ordered to pay $100 million in restitution.

Tarrant County College hires real estate professional to manage holdings (Fort Worth Star-Telegram) - FORT WORTH — After dealing with controversy in recent years over its construction projects, Tarrant County College has hired a real estate professional to oversee its holdings.

Real estate group honors creativity (The Charlotte Observer) - Creativity was the theme of an awards luncheon hosted this week by the Charlotte chapter of The Counselors of Real Estate.

Borrell: Real Estate Ad Spend On Newspapers To Rise Double Digits; Online Decline Worsens (paidContent.org via Yahoo! Finance) - The real estate market is expected to remain weak for at least another three years, but the category's ad spending is expected to see a small recovery this year. However, as report from local ad analyst Borrell Associates shows, any uptick in spending will be unevenly spread across specific kinds of media outlets and regions.

No Surprise: Real Estate Ads Shrink From the Web. Big Surprise: Real Estate Ads Are Still Growing (AllThingsD Online via Yahoo! Finance) - Not surprising: The battered real estate industry will spend less money on Web ads this year. Quite surprising: The battered real estate industry will spend more money on ads in general this year.

Fort Lee man sentenced to 20 months in real estate fraud case (The Record and Herald News) - A Fort Lee man was sentenced to 20 months in federal prison Friday for his part in creating inflated appraisals and sales contracts that helped fuel one of the biggest real estate frauds in New Jersey history.

Real estate agents hurting (The Santa Rosa Press Democrat) - By ROBERT DIGITALE THE PRESS DEMOCRAT THE PRESS DEMOCRAT Real estate agents, who sold more homes in 2009 than any year since 2005, still saw their commissions fall for the fourth straight year - victim of the economic downturn and plummeting home prices.

PNC to aid UC Real Estate Center (The Cincinnati Enquirer) - PNC Bank has pledged a three-year commitment to the University of Cincinnati's Real Estate Center that includes corporate event sponsorship and development of new industry programs for the school.

Intuit Completes Sale of Intuit Real Estate Solutions to Vista Equity Partners (Finanzen.net) - Intuit Inc. (Nasdaq: INTU) has completed the sale of Intuit Real Estate Solutions to Vista Equity Partners, ...

Real Estate’s Real Issues (Los Angeles Downtown News) - DOWNTOWN LOS ANGELES - With credit still hard to attain, high unemployment and consumers short on disposable income, real estate will be a tough game in 2010. But Downtown watchers will have plenty of trends to eye this year.