Homester.com Web News Archive

Real-estate firms rush to set up transaction centres (Vietnam Net) - VietNamNet Bridge - The race is on among real estate companies to open transaction centre under a new regulation taking effect on January 1 that requires all property transactions be carried out through licensed real estate transaction centres.

Real Living Right Now real estate firm sold to corporate parent, adopts profit-sharing model for agents (BizJournals) - It’s a new day and a new name for Jeffersonville real estate firm Real Living Right Now.

China publishes details of real-estate stimulus package (Eastday.com) - The General Office of the State Council, or Cabinet, yesterday unveiled more details of a real-estate stimulus package adopted at an executive meeting of the Council last Wednesday.

At 80, real estate broker Lou Hyatt still striking deals (The Capital) - Real estate broker Lou Hyatt handled the deal for the Phillips restaurant in downtown Annapolis, one of thousands of business transactions he has sealed in the state capital in his more than 50 years in the business.

Economic crisis makes this time to be proactive in real estate deals (BizJournals) - The current financial crisis may feel like an earthquake to some, but it’s really more of a tremor telling us that the landscape and the market’s priorities are shifting beneath us and that all of us — especially anyone involved in the real estate market — need to adapt to it.

Real Estate Expert Says Expect More Development Disruption and Defaults (KLAS Las Vegas) - The Manhattan West development sits in the dark--construction on hold until further notice. The bank financing Manhattan West pulled funding, fearing the credit crisis and a local Las Vegas real estate expert says this is just the beginning. 

Hypo Real Estate to cut 40% of workforce (Financial Times) - Hypo Real Estate, the troubled German commercial property lender rescued for a second time by the German government two months ago, is to cut more than 40 per cent of its workforce and retreat from some business areas to secure its survival.

Qatar's real estate market sound: Report (Zawya) - 22 December 2008 DOHA: DTZ, the international real estate advisory firm, yesterday released a market report on Qatar providing an in-depth review of the state of the real estate sector, predicting sustained demand across all asset classes despite the global credit crunch.

Details of real-estate stimulus package revealed (China Daily) - BEIJING -- The General Office of the State Council, or Cabinet, on Sunday unveiled more details of a real-estate stimulus package adopted at an executive meeting of the Council last Wednesday.

Sharjah International Investment and Real Estate Exhibition Attracts Investors (Khaleej Times) - SHARJAH - Shaikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, inaugurated the second edition of Sharjah International Investment and Real Estate Exhibition, Acres Middle East 2008.