Homester.com Web News Archive

A Real Estate Investment Moves to the Mainstream (New York Times) - WALL STREET has embraced real estate investment trusts as an asset family that adds diversification to portfolios, but some financial advisers still regard so-called private, or unlisted, REIT's as a kind of black sheep.

Real Estate Investment Can Be a Risky Game (Arab News) - RIYADH, 5 February 2006 — A Saudi couple learned the hard way about real estate investment scams in the Kingdom, Asharq Al-Awsat reported.

Real-estate agent seeks some advice on real estate (Seattle Times) - A reader writes: Q: I'm 45 and a first-year real-estate agent. I've seen some good opportunities this year and would like to use some of my retirement money to invest in property."

Wendy's Swings to Profit After Real Estate Sale (Los Angeles Times) - Wendy's International Inc. reported a fourth-quarter profit after selling real estate.

Attorney General Investigates Real Estate Tycoon (WESH via Yahoo! News) - Most TV viewers have probably seen those infomercials that say people can get wealthy through real estate.

Wendy's sales decline, but chain posts profit by selling real estate (The Philadelphia Inquirer) - Wendy's International Inc., the third-largest U.S. hamburger chain, reported a fourth-quarter profit yesterday after selling real estate and said sales fell for the first time in six years. Net income was $30 million, or 25 cents a share. A year earlier, the net loss was $141.4 million, or $1.25, after the company wrote down the value of Baja Fresh Mexican Grill. Sales declined to $977.3 million,

Real Estate Transfers (Centre Daily Times) - Real Estate Transfers The following property transactions, those most recently released to the Centre Daily Times, were recorded from Jan. 9 through Jan. 13, 2006, in the office of the Centre County Recorder of Deeds.

Subprime real estate loan party is over in 2006 (South Coast Today) - As the housing market slows, the booming subprime real estate loan market — loans for people with less-than-stellar credit — is also slowing, observers say, despite a long runup.

Real Estate Live (Washington Post) - Post Real Estate editor Maryann Haggerty takes your questions and comments about the local housing market.

Dubai Real Estate boom causes water and power shortage (Gowealthy) - According to reports, there are about 45 million people in the Middle East and North Africa (MENA) region lack safe water and more than 80 million lack safe sanitation. This has been caused by the real estate boom these places are experiencing in these days.