Homester.com Web News Archive

San Diego residential, commercial real estate expected to be strong next 2 years (San Diego Daily Transcript via Yahoo! News) - While the rate of increases may slow, the prices for both residential and commercial real estate are expected to climb in the foreseeable future. That's the contention of Tim Rhea, a partner of San Diego-based commercial and residential developer The Phair Co., and he isn't alone in his assessment.

Orco, Real-Estate Stocks Gain on Development in Eastern Europe (Bloomberg.com) - Feb. 14 (Bloomberg) -- Orco Property Group SA, a Luxembourg- based real estate developer, made a bet on Eastern Europe that is paying off for shareholders.

Seminar: How to donate real estate (BizJournals) - The National Real Estate Foundation and Fidelity National Title Co. are sponsoring a continuing education course in Albuquerque to educate real estate agents on the opportunities real estate gifts offer to both their clients and the public.

Morgan Stanley Real Estate, Onex Real Estate and Sawyer Realty Holdings Increase Their Offer Price for The Town and (FinanzNachrichten) - Magazine Acquisition GP LLC, a joint venture investment vehicle comprised of affiliates of Morgan Stanley ( Nachrichten / Aktienkurs ) Real Estate, Onex ( Nachrichten ) Real Estate and Sawyer Realty Holdings LLC, announced today that it has increased its offer price for The Town and Country Trust (NYSE: TCT), a multifamily real estate investment trust, to $39.60 per share.

Allegacy moving into real-estate services (Winston-Salem Journal) - Allegacy Federal Credit Union has moved into the real-estate business to differentiate itself in a crowded financial-services neighborhood.

Real Estate Apprentice Foundation Announces First Two Finalists (Real Estate News) - RISMEDIA, Feb. 14 — (Part 1 of 5) The Real Estate Apprentice™ Foundation ( www.RealEstateApprentice.org ) announced that Bernice Green, now working as a rookie agent for Keller Williams of Houston, Texas and Michelle Diehl, a rookie agent for Century 21 Ski Town Associates, Steamboat Springs, Colorado, are the first and second of 10 finalists chosen from 2,688 applicants in Season III of the 2005

Emerge sells real estate unit for $5.3 million (Houston Business Journal) - Emerge Capital Corp. has sold its real estate subsidiary, Lehigh Acquisition Corp., for $5.28 million to an undisclosed buyer.

Central Valley's hot real estate to cool a little, analysts predict (Contra Costa Times) - Central Valley real estate will continue to be a good investment at least for this year, although appreciation rates will likely decline from record levels of previous years, analysts said last week.

Ohio Real Estate Firm Discontinues GMAC Affiliation (Real Estate News) - RISMEDIA, Feb. 14 — Cutler Real Estate, formerly known as CUTLER/GMAC Real Estate, announced it is no longer affiliated with the GMAC franchise and will move forward as an independent firm with a new logo and slogan, to emphasize the company’s local foundation and operations.

Diane Turton, Realtors Nominated for Leading Real Estate Companies of the World Award (Real Estate News) - RISMEDIA, Feb. 14 — For the fourth consecutive year, Diane Turton, Realtors has been nominated for the 2005 Award of Excellence for Outgoing Referral Production by Leading Real Estate Companies of the World™ (formally RELO®), which is comprised of the best-known local and regional independent real estate names in the business, with annual sales of over $380 billion, more than any other