Homester.com Web News Archive

Real estate: Laid back in Los Angeles (USA Today) - With home sales skidding even with the median price up to a gravity-defying $583,000, it's hard to believe the Los Angeles real estate market is stabilizing.

Real Estate Dip Brings Layoffs in Home Construction (NPR) - Only a year ago, construction firms were scrambling to find enough workers. Now they're laying them off as the real estate market slumps. Toll Brothers, one of the largest homebuilding firms, expects to lay off as much as 15 percent of its workforce.

Inland Real Estate Declares Dividend (AP via Yahoo! Finance) - Real estate investment trust Inland Real Estate Corp. said Tuesday its board declared a regular quarterly distribution of 8 cents per share.

Briefing - Asia Real Estate - Dec 20, 2006 (Asia Pulse via Yahoo! Asia News) - An executive briefing on real estate for Dec 20, 2006, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.

State Street launches first ETF tracking foreign real estate (Market Watch) - BOSTON (MarketWatch) -- A new exchange-traded fund launched Tuesday by State Street Global Advisors is billed as the first such offering designed to track overseas listed real-estate stocks.

Red-Hot Real Estate Market Cools Off (CBS News) - Oil prices, scandals and mergers all made news in 2006, but it was the ups and downs of the real estate market that hit American consumers where they live, literally.

Housing Bubble and Real Estate Market Tracker (SeekingAlpha via Yahoo! Finance) - Judy Weil submits: Here's our summary of articles and data points on the housing market. It's part of Seeking Alpha's coverage of the real estate market and homebuilder stocks. Like all other topics and stock coverage from Seeking Alpha, you can get this sent to your blackberry or desktop email by signing up for our [... ]

Pakistan's NLC Inks Real Estate Accord With Mid-East Firm (Asia Pulse via Yahoo!7 News) - The National Logistics Cell (NLC) has signed an agreement with a Middle Eastern company, Majid Al Futtaim Group of Companies, to jointly form a private limited company in Pakistan and invest in the real estate sector.

PAKISTAN'S NLC INKS REAL ESTATE ACCORD WITH MID-EAST FIRM (Asia Pulse via Yahoo!7 Finance) - Pakistan The National Logistics Cell (NLC) has signed an agreement with a Middle Eastern company, Majid Al Futtaim Group of Companies, to jointly form a private limited company in Pakistan and invest in the real estate sector.

Real-estate market of 2006 slips, predictions for recovery differ (San Diego Daily Transcript via Yahoo! News) - The 2006 San Diego County residential real-estate market can be summed up as one that experienced a decrease in home sales activity, an adjustment in price increases and a rise in standing inventory.