Homester.com Web News Archive

China’s Real Estate Sector Posts Strong Growth (New York Times) - Property sales and new construction surged, while investment in real estate rose 18.9 percent in the first 10 months from a year earlier, the government reported.

Gold price increases make real estate traders suffer (Vietnam Net) - VietNamNet Bridge – Sharp gold price increases have hit real estate transactions because it’s become too risky to deal in. The gold price exceeded the 26 million dong per tael threshold on November 9, the highest level in history.

Fed’s Lockhart Says Commercial Real Estate May Weaken Recovery (Bloomberg) - Nov. 10 (Bloomberg) -- Federal Reserve Bank of Atlanta President Dennis Lockhart said the economy will probably recover slowly from the deepest recession since the 1930s because of rising bank losses, especially in commercial real estate.

Real Estate ETFs Ready to Run (TradingMarkets.com via Yahoo! Finance) - Although a laggard for the past several months, the real estate sector showed major relative strength to the broad market yesterday. Deron Wagner explains why you may want to put REIT ETFs on your watchlist.

Author Harsimran Singh reveals his top 5 tips for smartly acquiring real estate (New York Daily News) - Harsimran Singh, author of "A to Z of Foreclosures: Real Estate Worth Millions Acquired with $101," reveals his tips for smart real estate investments.

Florida Real Estate Investment - Making Sure That You End Up With A Successful Purchase (Turks.US) - Florida real estate is being eyed by homebuyers and property investors today due to the abundance of homes for sale below market price.

Veteran Sacramento Realtor Viki Benbow of Coldwell Banker Residential Brokerage Celebrates 40 Years in Real Estate (dBusinessNews.com) - SACRAMENTO, Calif. – November 10, 2009 – When Viki Benbow, formerly Viki Laining, of Coldwell Banker Residential Brokerage began her real estate career in 1969, Richard Nixon had just taken office as president of the United States, the Vietnam War was raging on, the personal computer hadn’t been invented, and no one had ever heard of a cell phone.

Affordable Prices Draw Investors to Real Estate (PR Newswire via Yahoo! Finance) - Affordable prices and foreclosures are attracting investors to the housing markets today, and the number of consumers interested in investing in real estate has doubled since March 2009, according to the new Move.com Homeownership Survey released today.

Harsh Light on Commercial Real Estate Loans in Fed Survey (Financial Planning.com) - The industry s exposure to troubled commercial real estate loans -- the subject of much conjecture as banks attempt a rebound from the financial crisis -- became much clearer Monday.

Leo Wells, President, Wells Real Estate Funds, Elected to NAREIT® Board (Business Wire via Yahoo! Finance) - NORCROSS, Ga.----Leo Wells, president and founder of Wells Real Estate Funds, has been elected to the Board of Governors of NAREIT®, the National Association of Real Estate Investment Trusts®.