Homester.com Web News Archive

N.Z. Real Estate Company The Joneses Plans Public Listing (Bloomberg.com) - Dec. 12 (Bloomberg) -- The Joneses, a New Zealand real estate company, said it plans to begin trading on the stock exchange and probably will seek to raise capital from new investors next year.

China's Xinyuan Real Estate IPO raises $245 mln (Reuters via Yahoo! Malaysia News) - NEW YORK, Dec 11 - Xinyuan Real Estate, a Chinese residential real estate developer, on Tuesday raised $245 million with an initial public offering that priced within expectations.

Real estate company plans to list (NZPA via Yahoo!Xtra News) - Rebel real estate company The Joneses plans to list on the stock exchange early next year.

Real Estate head backs judge's warning (NZPA via Yahoo!Xtra News) - The head of the Real Estate Institute has welcomed a judge's warning that all agents are on notice over the use of "buyer inquiry over" advertising methods, after a test case against a Wellington agent.

Jet: The Future Of Real Estate Now! (Scoop.co.nz) - The New Zealand real estate industry is poised for a dramatic change with today’s launch of Jet - the agent you use when you don’t want to use an agent.

Lower Paxton might raise real estate taxes after 18 years (The Patriot-News) - Next week, Lower Paxton Twp. Supervisors likely will raise real estate taxes for the first time since 1990. At several recent budget workshop meetings, supervisors have examined ways to save money in the $20 million 2008-2009 budget. They are scheduled to vote on it Dec. 18.

Hefty fine for real estate agent (TVNZ) - A Wellington real estate agent has been fined $7,500 for misleading buyers with his use of a particular phrase. The charges against Tim Whitehead are being seen as a test case for the real estate industry.

Real estate agent fined $7500 (Stuff) - A test case for real estate agents using "buyer enquiry over" methods to sell properties has resulted in a Wellington agent being fined $7500, and the judge warning all agents they are on notice.

Bleak real estate market could get worse if city owns, sells property (WWL-TV New Orleans) - With the city’s real estate market already struggling, state leaders spent Tuesday worrying how not to make it worse when thousands of homes that were abandoned by storm victims go on sale.

Global real estate a good hedge against inflation, say GGOF managers (Investment Executive) - A well-diversified global real-estate portfolio is an effective way to hedge against inflation and remain insulated from the U.S. economic slowdown, said fund managers from Guardian Group of Funds Ltd. (GGOF) during a conference call today.