Homester.com Web News Archive

In Chicago, Real Estate and Race as a Volatile Mix (New York Times) - Beryl Satter combines family history and painstaking research into a panoramic account of the Chicago real-estate wars during a period when the city was the most segregated in the North.

Florida Real Estate Game Has Winners, Losers (NPR) - Near Fort Myers, Fla., husband-and-wife real estate agents Ray and Florie Gage are losing their retirement dream home to foreclosure. But self-described vagabond Jim Foutz just bought a house for $88,000 — and the Gages helped him make the deal.

Real Estate (Fort Myers Florida Weekly) - Mark Fowler Jr. has been named salesperson of the month for February at Verandah, the 1,456-acre masterplanned community developed by Bonita Bay Group. A resident of Fort Myers, Mr. Fowler has achieved top performance awards in his four-year real estate career. He also spent 15 years in broadcast sales.

Dinwiddie proposes 10-cent cut in real estate tax rate (Richmond Times-Dispatch) - DINWIDDIE—The Board of Supervisors voted 3-2 this afternoon to advertise a real estate tax rate of 77 cents per $100 of property value. The proposed rate is 10 cents lower than the current rate of 87 cents per $100 of assessed value. Even at that lowered rate, the tax levy would go up 25 percent based on the 2008 property reassessment.

Real estate agent wants foreclosures investigated (NBC 10 Providence) - A real estate agent wants the attorney general to investigate foreclosure practices in Central Falls.

German government extends guarantee for â¬15B in Hypo Real Estate notes (Seattle Times) - Ailing commercial property lender Hypo Real Estate Group AG said Tuesday the German government extended guarantees for â¬15 billion (â¬19.4 billion) in notes issued by Hypo until Dec. 31, extending the guarantee beyond its original end of March deadline.

First-time homebuyer credit boosting CNY real estate market (WSYR 9 Syracuse) - The local real estate market is already seeing a boost, thanks to the $8,000 first-time homebuyer credit.

Tunisia: International Real Estate Company to Launch 5 Star Project (AllAfrica.com) - Tunis — In a press release issued on March 17, PR.com has announced that the international real estate company Goldberg and Partners real Estate LLC in Spain, have teamed up with a Tunisian building company to market a new 5 star development in the country.

Real estate topic of talk to Scenic 7 Rotary members (Hot Springs Village Voice) - Local Realtor and owner of Re/Max of Hot Springs Village, Jeff Hollansworth told the Scenic 7 Rotary members about the good, the bad and the ugly of real estate in this economic downturn. He opened his talk with an encouraging remark. There were 375 people at a recent open house on Excelso Way.

Germany Extends Guarantees For Stricken Lender Hypo Real Estate (Deutsche Welle) - The German government is to extend guarantees for 15 billion euros in notes issued by ailing bank Hypo Real Estate as its major shareholder, US investor JC Flowers, resists plans to nationalize the lender.