Homester.com Web News Archive

Real Estate Not Without Bright Spots (Investor's Business Daily via Yahoo! News) - Real estate stocks and funds continue to lag in performance, thanks to fallout from the subprime mortgage meltdown. But there are a few signs that the worst might be over.

Real Estate Not Without Bright Spots (Investor's Business Daily via Yahoo! Finance) - Real estate stocks and funds continue to lag in performance, thanks to fallout from the subprime mortgage meltdown. But there are a few signs that...

Norfolk council says real estate taxes likely to increase (The Virginian-Pilot) - NORFOLK Real estate taxes appear nearly certain to rise again when the city adopts its budget in May. That much seemed clear after a 90-minute City Council budget discussion Tuesday. Asked to state anonymously what they would prefer to happen to eight revenue sources, six of the eight council m ...

Real estate industry gives Pantele boost (Richmond Times-Dispatch) - BY MICHAEL MARTZ Times-Dispatch Staff Writer Richmond City Council President William J. Pantele has gotten an early campaign fundraising boost from the real estate industry, including the developer of the proposed Echo Harbour project. Pantele received $1,000 last fall from U.S. Property Development Co., a business spin-off of the Unification Church that is asking the city to rezone riverfront ...

Hypo Real Estate `Hopes' for Auditors' Signoff on Writedowns (Bloomberg.com) - Jan. 29 (Bloomberg) -- Hypo Real Estate Holding AG ``hopes'' its auditors will sign off on 2007 earnings after the lender wrote down the value of U.S. collateralized debt obligations, Supervisory Board Chairman Kurt Viermetz said in an interview.

Sorouh Real Estate net profits soar 29 per cent to reach Dh1.26 billion (Khaleej Times) - ABU DHABI - The 2007 net profits of Sorouh Real Estate have touched Dh1.26 billion - up 29 per cent - against Dh975 million in 2006. Earnings per share increased 28 per cent to Dh0.50 from Dh0.39 in 2006, while Net Asset Value per share rose 29 per cent from Dh1.39 to Dh1.79.

Jonathan Bowen Real Estate, LLC Joins Forces With Terabitz to Deliver the Most Sophisticated Website Servicing ... (PR Newswire via Yahoo! Finance) - Jonathan Bowen Real Estate, LLC today announced that it has partnered with Terabitz to deliver the most advanced and user-friendly website for consumers searching for real estate in Massachusetts and Rhode Island.

Posted Jan. 29, 2008 – It doesn’t look like an embattled Illinois real estate developer with ties to Sen. Barack Obama ... (BET.com) - – It doesn’t look like an embattled Illinois real estate developer with ties to Sen. Barack Obama – arrested on charges of extortion and money laundering – won'tl be back on the street any time soon.

Asipac roped in to develop real estate project in Brazil (Express India) - Bangalore-based real estate consulting firm Asipac has been invited to join a consortium that is developing Rs 70,000-crore luxury real estate project in Brazil.

Despite Housing Slide, Real Estate Sites Sell (NYTimes.com via Yahoo! Finance) - Although most of the real estate industry wishes it could fast-forward through 2008, a few online start-ups are surviving nicely.