Homester.com Web News Archive

GMAC Real Estate to be renamed (Chicago Tribune) - To be called Real Living following merger with Ohio-based company recently acquired by parent Brookfield Residential Property Services Oak Brook-based GMAC Real Estate, a division of Brookfield Residential Property Services, will be renamed Real Living, following Brookfield's acquisition of Columbus, Ohio-based Real Living Network Services.

Small Businesses Downsize Real Estate, Save Money (ABC News) - Layoffs, telecommuting allow small businesses to downsize their real estate, save big bucks Real estate - United States - Services - Property Law and Real Estate - Law

Online Real Estate Search Leader PropertyMaps.com Acquired by Austin Entrepreneur Jeff Chambers (redOrbit) - AUSTIN, Texas, Nov. 11 /PRNewswire/ -- Austin entrepreneur Jeff Chambers, former U.S. product director for HomeAway, Inc., has acquired PropertyMaps.com, a leading residential real estate search engine.

German Hypo Real Estate Bank posts heavy losses (AFP via Yahoo! News) - German state-owned bank Hypo Real Estate reported on Wednesday a net loss of 574 million euros (860 million dollars) in the third quarter of 2009, a strong improvement from its loss of three billion euros in the same period a year earlier.

Small businesses downsize real estate, save money (San Francisco Chronicle) - There's a downsizing trend under way at many small businesses: Moving to smaller offices because of shrinking staffs and as more workers telecommute. Owners say they're saving money on real estate, office furniture and other expenses by letting employees work... Furniture - Real estate - Small business - Employment - Law

Commercial Real Estate ‘Crisis’ Looming for U.S.: Chart of Day (Bloomberg) - Nov. 11 (Bloomberg) -- “A crisis of unprecedented proportions is approaching” in the U.S. commercial real-estate market, according to Randall Zisler , chief executive officer of Zisler Capital Partners LLC.

Small businesses downsize real estate, save money (Newsday) - Layoffs, telecommuting allow small businesses to downsize their real estate, save big bucks

Harvey Lindsay Commercial Real Estate announces leases (Daily Press) - Harvey Lindsay Commercial Real Estate announced the following new leases:

Sheriff Bob Reid reinstates three real estate appraisers (The Cleveland Plain Dealer) - Cuyahoga County Sheriff Bob Reid recently reinstated three real estate appraisers. He fired them for not cooperating with state investigators only to learn that they had cooperated.

Real estate recovery will be weak in Canada: report (CTV Winnipeg) - Canada's real estate market didn't fall as hard or fast as in the U.S., but some spots did suffer steep losses and a recovery will be slow as buyers worry about another potential economic dip, a new report suggests.