Homester.com Web News Archive

For real estate agents, 7% no longer the magic number (Minneapolis-St. Paul Star Tribune) - The 7 percent real estate commission may be going the way of the $100,000 starter home.

Kuwait Real Estate Bank ban (AME Info) - The Kuwait Stock Exchange yesterday suspended trading in the shares of Kuwait Real Estate Bank and cancelled all trades on Wednesday, until the company explains how a court ruling will impact on its business, reported Reuters. Its shares had soared by 7.25% on Wednesday.

Real estate tilt on county board (Fernandina Beach News-Leader) - A local real estate agent is expected to replace a school board member next month on the Nassau County Planning and Zoning Board. That means three of the seven members will derive income from real estate.

Real Estate Mailbag (Washington Post) - Q DEAR BOB: I am new to real estate and am confused by the word escrow. I've heard it means closing settlement of a property sale and also that it refers to payment of property taxes and insurance. Which is correct? -- Raymond R.

Small firms chip away at real estate Goliaths (St. Louis Post-Dispatch) - Independent real estate agents and discount brokerage firms are offering package deals, cut-rate pricing and niche services.

Real Estate Live (Washington Post) - Welcome to Real Estate Live, an online discussion of the Washington area housing market. Post staff writer Kirstin Downey fills in for Post Real Estate editor Maryann Haggerty.

Catastrophe affects real estate business in Islamabad (The Pakistan Link) - ISLAMABAD, Nov 19 : The massive catastrophe in Pakistan has adversely affected the real estate business showing a stagnancy in the sale and purchase of property, big plots and flats in high-rise buildings in the Federal Capital.

Real estate industry moves to stop proposal (Pittsburgh Live) - Real estate professionals are stepping up opposition to proposed legislation that would triple the state's real estate transfer tax -- from 1 to 3 percent.

Real Estate Investment Show in Dubai (Gowealthy) - Real Estate Investment World Middle East, Middle East's first and only real estate investment forum, is organized to be held from 28th to 30th November at the Dubai Shangri-La hotel. The 3-day event will explore the size and scope of opportunities on offer in the wider Middle Eastern real estate market.

Real Estate People & Places: 11/19/05 (Pittsburgh Post-Gazette) - Fred Thompson , a 20-year veteran of Howard Hanna Real Estate Services, recently won the first Anne F. Hanna Legacy Award.