Homester.com Web News Archive

High-end sales pace big year for real estate (Aspen Daily News) - That the local real estate market is on track to break yet another record in 2006 is no surprise, and judging by this year's trend, analysts predict real estate sales in Pitkin County will surpass the $2.5 billion mark.

City reaps benefits of real estate surge (Aspen Daily News) - benefiting financially from the high-end home boom is the city of Aspen's coffers. Like many resort communities, Aspen has a real estate transfer tax, or RETT, that at this point is simply bursting at the seams from nearly $2.5 billion in transactions.

$272m Real Estate Bank fund (AME Info) - The Real Estate Bank, a property financing arm of the UAE government, plans to create a $272m property investment fund, Gulf News reported. The fund will work with other companies to develop commercial and residential property projects in the country.

Real Estate Bank to launch Dh1b property fund (Gulf News) - Abu Dhabi: The Real Estate Bank, a property financing arm of the Ministry of Finance and Industry, will soon launch a Dh1 billion property investment fund.

Northwest Arkansas Real Estate makes donation (NWAnews.com) - ROGERS — Northwest Arkansas Real Estate recently demonstrated that not all open houses are alike. (Benton County Daily Record)

Bankers escape cap on real estate lending (BizJournals) - For banks heavy in the commercial real estate lending business, the regulatory sky has ceased to fall.

Latest merger spurs turnover talk in local real estate market (BizJournals) - In the wake of CB Richard Ellis Group Inc.'s freshly minted, $2.2 billion acquisition of competitor Trammell Crow Co., real estate brokers across the Baltimore region are keeping watch for an expected flight of Trammell Crow's power brokers to other firms in the region.

Industry braces for real estate price war (BizJournals) - In a move that could have significant implications for the real estate industry in Texas, a state lawmaker will introduce a bill in the upcoming legislative session that would require the disclosure of sales prices on all property transactions.

Industrial market picks up as residential real estate slows (BizJournals) - NORTHEAST FLORIDA -- Some analysts warned that the residential real estate bubble would burst in 2006, but in Jacksonville it merely deflated back to historical levels while a stagnant industrial market began to pick up steam.

Power to the steeple: Southeast Christian to surpass 1 million square feet of real estate (BizJournals) - "Mind-boggling" is how Southeast Christian Church senior minister Dave Stone describes the amount of real estate under roof on the megachurch's 110-acre campus, located near the Interstate 64-Blankenbaker Parkway interchange.