Homester.com Web News Archive

From rock star to real estate mogul (International Herald Tribune) - Gabor Varszegi, a rock star during the Communist era and now Hungary's fourth-richest man, is turning to real estate after competition crippled earnings at his retail chain.

Real Estate Agent Accused Of Stealing Client's Identity (WRTV TheIndyChannel.com via Yahoo! News) - The Indiana Real Estate Commission has suspended a woman's real estate license after she was charged with obtaining credit cards by using the personal information of a client, the state attorney general's office said Thursday.

Fed's Bies warns on mortgage, real estate lending (Reuters via Yahoo! News) - Regulators are concerned about heavy commercial real estate exposures and risky mortgage lending practices at U.S. banks, Federal Reserve Board Governor Susan Bies said on Thursday.

Real estate agents predict steady sales, less pressure (The Oregonian) - Real estate markets are flat in Florida, slow in San Francisco and lagging in Las Vegas. But real estate agents in Washington County expect 2006 residential sales to rival those of 2005 -- one of the most profitable years on record for the region's real estate market.

Intero Real Estate Chooses whaBAM! as Exclusive Online Marketing Vendor (SYS-CON Media) - whaBAM!, Inc., a new premier auction site with a simple low pricing structure and no listing fees ever, today announced it has signed an exclusive co-marketing agreement with Intero Real Estate Services, one of the fastest-growing real estate companies in history. Currently operating 45 offices in California, Arizona and Hawaii, Intero Real Estate now adds whaBAM to its sales mix, giving whaBAM

Commercial Real Estate Loans Scrutinized (AP via Yahoo! News) - While banks and other lenders may fret these days about consumers' ability to repay home mortgages as interest rates rise, they have another concern: the commercial real estate market.

Deutsche Bank real estate fund to be revalued by end-February (Market Watch) - FRANKFURT (MarketWatch) -- Deutsche Bank AG (DB) expects the revaluation of its frozen real-estate fund grundbesitz-invest to be completed at the end of February, Chief Executive Josef Ackermann said Thursday.

GPS-equipped PDA for Real Estate Brokers (MobileMag) - Mobile Crossing and Pocket Real Estate are teaming up to offer an innovative aid for real estate agents. The WayPoint Pocket Real Estate Edition provides a GPS navigation system for the user along with other basic PDA functions.

Livedoor cancels plan for real estate agencies (Daily Yomiuri Online) - The Livedoor group has suspended preparations to launch a real estate brokerage scheduled to start in April, the first revision to its business operations since the scandal surrounding Livedoor Co. broke, sources said Thursday.

Mobile Crossing Announces New GPS for Real Estate Agents (SYS-CON Media) - Mobile Crossing and Pocket Real Estate are teaming up to provide the industry's first GPS navigation system with functionality designed for Real Estate Agents. Thanks to technology from Pocket Real Estate, Mobile Crossing's new WayPoint Pocket Real Estate Edition combines turn-by-turn spoken directions with complete database access to the agent's multiple listing service out-of-the-box.