Homester.com Web News Archive

Commercial Real Estate Investors Turn More Gloomy (BusinessWeek) - LoopNet.com, a Web site for commercial real estate listings, took a poll of 1,000 its members in the last two weeks of October. LoopNet members include real estate investors, brokers and owners. The results suggest that unlike those in the rebounding housing market, commercial real estate players ...

Grim reality still grips U.S. commercial real estate (Reuters via Yahoo! News) - Executives do not expect the U.S. commercial real estate market to emerge from critical condition any time soon, according to a survey by The Real Estate Roundtable.

St. Joe narrows 3Q loss as real estate sales climb (AP via Yahoo! News) - Real estate developer The St. Joe Co. on Tuesday said its third-quarter loss narrowed despite higher expenses, as it sold off some of its holdings.

Availablity and cost of bank credit to impact real estate (The Economic Times) - Availablity and cost of bank credit to impact real estateAvailablity and cost of bank credit to impact real estate

Commercial Real Estate Loans A Growing Problem For Banks (Investor's Business Daily via Yahoo! News) - Housing may be starting to turn the corner. But commercial real estate's woes may be just beginning.

St. Joe Narrows 3Q Loss as Real Estate Sales Climb (ABC News) - The St. Joe Co. narrows its 3rd-quarter loss with improved real estate sales

Hearings look into fishy DPS real estate deals (Detroit Free Press) - Hearings into questionable real estate deals in which the Detroit Public Schools paid double the appraised value of some properties are to resume at 9 a.m. Wednesday, officials said.

Average real estate values dropping 6% (The Journal Press) - Real estate values in King George are slated to drop an average of 6 percent when the new assessments go into effect this January. That’s the latest announcement from Blue Ridge Mass Appraisals, which has been under contract with the county to conduct a reassessment of all property in the county for the last year. The news does not mean all property owners will see a drop in their assessments ...

Commercial real estate taking a hit (9 News Denver) - DENVER - Economists warn the next big foreclosure crisis could come in commercial real estate. Businesses are either failing or moving out of their office space, leaving empty space behind.

FTC Rules Against Web Practices of Real Estate Group (PC World via Yahoo! News) - The U.S. Federal Trade Commission has issued an opinion saying that Realcomp II, the largest real-estate listing group in Michigan, violated federal law by restricting some discount real-estate listings from its own and other publicly available Web sites.