Homester.com Web News Archive

Alexander & Baldwin 1Q profit soars on real estate sales (AP via Yahoo! Finance) - Ocean shipping and real estate company Alexander & Baldwin Inc. said Wednesday its first-quarter earnings surged 70 percent, as several residential property sales offset lower transportation revenue.

Local real estate market improving after 2007 slowdown (The Brownsville Herald) - McALLEN - No one can convince Nathan Selzer the Upper Rio Grande Valley is a soft real estate market. During his recent round of house hunting, a competing bidder on a property in North McAllen snatched away his "perfect home" with a cash offer.

No details released in real estate agent's murder (The Wilmington Star-News) - Shallotte | Law enforcement authorities say they are investigating leads in the murder of a local real estate agent, but they won't disclose details and no suspects have been named.Adam Grant Bradshaw's body was found by Shallotte police about 5:30 p.m. Tuesday at the end of Watts Road in the Ocean Isle Beach area.

Maxine Conlin and Stephanie Belanich: Here For All Your Real Estate Needs (Queens Courier) - In the Douglaston and Little Neck real estate market, no one knows your options better than Maxine Conlin and Stephanie Belanich, licensed Prudential Elliman realtors.

NYC real estate revenue down, yet city surplus remains (Reuters via Yahoo! News) - Revenues from two New York City real estate taxes fell sharply in the first nine months of the budget year, the city comptroller said on Tuesday, offering fresh evidence of the impact of Wall Street's troubles on the local economy.

LMP Real Estate Income Fund Inc. Announces Financial Position as of March 31, 2008 (Centre Daily Times) - LMP Real Estate Income Fund Inc., which is listed on the New York Stock Exchange under the symbol "RIT," today announced the financial position of the Fund as of March 31, 2008.

New ideas needed for real estate uptick (The Belleville View) - With the gloomy press the real estate market receives, it's hard not to wonder about the fate of those involved in the trade. Are developers, real estate agents and their ilk doomed to hard times brought on by economic forces out of their control?

Virtual Real Estate: Building on an Imaginary Foundation (E-Commerce Times) - No less true today than it has been since the notion of private property became one of the main pillars of Western society, investing in real estate is one of the most popular means of amassing wealth. Now, a new breed of "virtual" real estate investors and developers is emerging.

Taking Counsel: Has springtime arrived for the real estate market? (Baltic Times) - As part of its anti-inflation plan last year, Latvia’s government adopted specific measures directed at the real estate market and the tightening of the money supply available through mortgage loans.

Real estate tax rate up 1¢ to 45¢ (The Journal Press) - Phyllis Cook 30.APR.08 The King George Board of Supervisors unanimously approved a 1-cent tax increase, bringing the real estate and mobile home tax rate to 45-cents per $100 valuation, from the previous 44-cents.