Homester.com Web News Archive

AIG delays funds to some real-estate ventures: report (Reuters via Yahoo! News) - American International Group has cut or delayed payments to some of its real-estate ventures, potentially leaving the developers and their bankers in the lurch, the Wall Street Journal reported.

Hypo Real Estate Shares Rise After Germany Buys Stake (Update2) (Bloomberg) - March 30 (Bloomberg) -- Hypo Real Estate Holding AG gained the most in Frankfurt trading in more than a month after the German government agreed to buy a stake as it moves closer to taking control of the bailed-out commercial-property lender.

Chinese city turns cadres into real estate agents (Reuters via Yahoo! News) - A local government in an eastern Chinese city has taken its efforts to prop up the economy to new heights, ordering cadres to act as real estate agents with a quota of selling -- or buying -- at least one flat each.

AIG Real Estate Deals May Impact Banks (TheStreet.com) - AIG has slashed or delayed payments to partners in some of its real-estate ventures, potentially hurting several banks and developers.

ComCom warns Real Estate Network (Stuff) - The Commerce Commission has warned Christchurch real estate co-operative the Real Estate Network Ltd (REN) that its members risk breaching the Commerce Act for price fixing.

Too Soon to Bank on Real Estate Funds (TheStreet.com) - Real estate funds rose last week on industry optimism that might be premature.

Hypo Real Estate Shares Rise After Germany Buys Stake (Update1) (Bloomberg) - March 30 (Bloomberg) -- Hypo Real Estate Holding AG gained the most in Frankfurt trading in five-and-a-half years after the German government agreed to buy a stake as it moves closer to taking control of the bailed-out commercial-property lender.

Commission issues warning to Real Estate Network (Scoop.co.nz) - The Commerce Commission has warned the Real Estate Network Limited (REN) that it and its members risk breaching the Commerce Act. REN is a cooperative company representing approximately 95 per cent of licensed residential real estate agents in and around Christchurch.

Hypo Real Estate Gains Most in Month After Germany Buys Stake (Bloomberg) - March 30 (Bloomberg) -- Hypo Real Estate Holding AG gained the most in more than a month in Frankfurt trading after the German government agreed to buy a stake as it moves closer to taking control of the bailed-out commercial-property lender.

GAAR assesses region’s real estate trends (BizJournals) - The Greater Albuquerque Association of Realtors will host a news conference April 13 at 3 p.m. to discuss real estate trends and present a snapshot of the region’s economy. Gary Tonjes, president of Albuquerque Economic Development, will be among those making presentations.