Homester.com Web News Archive

Real estate maintains slow but steady returns (BizJournals) - Unlike other markets around the country where the real estate bubble seems about to deflate, Columbus' traditionally slow but steady market is poised to continue its climb, signaling a positive investment climate for that sector.

Demystify REITs to understand popular real estate investment (BizJournals) - Real estate investment trust. REIT. The acronym rhymes with "heat" -- and with good reason. There may be nothing hotter in the world of commercial real estate investments.

Real estate market continues to cool (Contra Costa Times) - The real estate slowdown sped up in December, capping a year that some observers believe will mark the end of the historic home price run-up. Sales of new and resale homes and condos in the nine-county Bay Area dropped on a year-over-year basis for the ninth month in a row and at the steepest rate since November 2001, according to La Jolla-based research firm DataQuick Information Systems. The

ING Real Estate says raises A$86 mln via placement (Reuters via Yahoo! Asia News) - SYDNEY, Jan 23 (Reuters) - Australia's ING Real Estate Community Living Fund Ltd. said on Monday it raised A$85.5 million ($64 million) through an institutional share placement to part fund its US$110 million purchase of student accommodation.

UPDATE 1-ING Real Estate says raises A$86 mln via placement (Reuters Finance News, Australia via Yahoo! Australia & NZ Finance) - SYDNEY, Jan 23 (Reuters) - Australia's ING Real Estate Community Living Fund Ltd. ILF.AX said on Monday it raised A$85.5 million ($64 million) through an institutional share placement to part fund its US$110 million purchase of student accommodation.

Gloucester County real estate transactions (The Philadelphia Inquirer) - These Gloucester County real estate transactions were recorded through Sept. 27. 512 N Delsea Dr Felix J and Lisa S Annise to David M Kane, $163,900.

Burlington County real estate transactions (The Philadelphia Inquirer) - These Burlington County real estate transactions were recorded through Aug. 10. 58 Church St Lynette A Washington to Matthew and Angela Sutton, $210,000.

Australia's Mirvac Launches A$3.1B US Real Estate Fund (Dow Jones News via Yahoo! Australia & NZ Finance) - Australia's Mirvac Launches A$3.1B US Real Estate Fund (MORE TO FOLLOW) Dow Jones Newswires January 22, 2006 16:44 ET (21:44 GMT) Copyright (c) 2006 Dow Jones & Company, Inc.

Real Estate Company Merger Shows Positive Energy (Turks.US) - Leo Ferris Real Estate is now with Weichert First Residential Group, an obvious growth is expected to occur on the company. The reported merge was occurred just last January 12, but both parties decline the financial terms of the deal, they say that it's a good done deal for both.

Home loans available for all DAMAC residential real estate projects (Gowealthy) - DAMAC, the Dubai-based real estate developer, has signed a memorandum of understanding (MOU) with Union National Bank (UNB) under which UNB will provide mortgage financing for UAE residents purchasing apartments in DAMAC's property developments. Home loans are available for all types of apartments in all the projects being developed by DAMAC Properties in Dubai.