Homester.com Web News Archive

Former Tucson real estate agent guilty of fraud and forgery (Arizona Daily Star) - Former Tucson real estate agent Roy Keith Fife, 47, pleaded guilty Monday to fraud and forgery charges.

O.C. real estate loses fewer jobs than other sectors (Orange County Register) - Real estate related companies cut 16,100 jobs in October but job loss in other areas was 18,700.

HGTV Rolls Out Quartet of New Real Estate Series (MultiChannel News) - HGTV Tuesday announced it will unveil four new real estate series in the New Year designed to give viewers new ideas and tips on how to buy, sell and improve the value of their homes in today’s lousy economy.

New HGTV Shows Aim to Help Viewers Cope With Soft Real Estate Market (TVWeek) - HGTV is dealing with the sluggish economy and depressed real estate market by premiering shows that offer advice on better ways to buy and sell and to boost home equity. The new shows premiere Jan. 1 during an afternoon marathon before moving into prime-time slots. They include “The Unsellables,” “Desperate to Buy,” “Income Property” and “The Property Shop.” “In this difficult real estate ...

Real estate a tough sell in troubled economy (San Francisco Chronicle) - The severe lack of accessible capital has brought the Bay Area real estate sector to a near dead stop, upending deals, stalling development and scuttling sales, builders and brokers say. The most glaring and frightening example for many in the industry was...

Despite slumping real estate market, Madison's newest cohousing project nearly full (The Capital Times) - Amid the toughest real estate market in a generation, a group of self-described amateurs has pulled off something of a miracle: selling all but three units in the 40-unit Arboretum Cohousing project. Long popular in Scandinavia but relatively new in this country, co-housing aims to create a community where residents share some facilities, make joint decisions with their neighbors and work ...

Real estate market: the time of recovery remains unclear (Vietnam Net) - VietNamNet Bridge – 90% of polled real estate experts in the survey conducted by VietRees, a real estate research and consultancy firm, said that they have confidence in the recovery and strong development of the real estate market in the future.

Real Estate: A Hard Sell In Troubled Economy (Turks.US) - Brokers said due to the ruthless lack of accessible capital, the Bay Area real estate sector experienced dead stop, upending deals, stalling development and scuttling sales.

Norway real estate group forced to shut units (The Forex Market) - OSLO, Dec 2 (Reuters) - One of Norway's biggest real estate chains, Notar, will have to shut 34 of its branches due to a lack of capital, financial authorities said on Tuesday.

Lawsuit: Real Estate Deal Funneled Money to Observer (Gothamist) - If there's a Kushner, there's a controversy! The former head of the financing arm of real estate developer Kushner Companies is suing his former employer and claims money from commission of the purchase of 666 Fifth Avenue ( for $1.8 billion ) actually went to keep the Observer, owned by Charles Kushner's son Jared, afloat. Swill also claims that other money was put into trusts for Kushner's ...