Homester.com Web News Archive

Hypo Real Estate Profit Falls on Writedowns, Lending (Update3) (Bloomberg.com) - May 6 (Bloomberg) -- Hypo Real Estate Holding AG , the worst performing stock on Germany's benchmark DAX Index this year, said first-quarter profit fell 38 percent on writedowns and lower lending income.

How Low Will Real Estate Go? (San Antonio Express-News/KENS 5) - Though the national real estate market remains bleak--in some neighborhoods vacant homes outnumber those that are occupied and sellers are being forced to lower asking prices in a bid to lure bargain hunters--it's assumed that when housing dips to a point where buyers think it represents a bargain, they'll buy back in.

Brookfield Real Estate Services Fund first quarter profit rises (Canadian Business) - Eric Shackleton, The Canadian Press May 6, 2008 - 6:55 p.m. TORONTO - Brookfield Real Estate Services Fund (TSX:BRE.UN) expects a softer housing market up ahead after racking up a 44 per cent increase in first quarter profit, despite a once-hot market that has been losing some of its steam.

Hypo Real Estate Profit Falls on Writedowns, Lending (Update2) (Bloomberg.com) - May 6 (Bloomberg) -- Hypo Real Estate Holding AG , the worst performing stock on Germany's benchmark DAX Index this year, said first-quarter profit fell 38 percent on markdowns and lower lending income.

Investing Tips on Sarasota Real Estate Market (Turks.US) - The popular question out there is that if it is now the best time to buy a Sarasota home? The national news focuses on real estate daily and you see suggestions, marketing tips, buying a home in a down market, information is on overload, so do you buy a Sarasota home now?

Real estate agent finds plants in Madison Township home (Star Beacon) - As if the real-estate market weren’t already struggling, a local real-estate agent was the person who found 14 marijuana plants growing in a house he was supposed to sell, Madison Township Detective Dan Boerner said.

Real Estate Brokerage Launches Krunching.com, the First ´´Investor Home Search´´ Website (wallstreet:online AG) - Level 2 Realty, a California real estate brokerage company, today announced the launch of Krunching

Nuveen Real Estate Income Fund Issues Second Round of At-Par Redemption Notices for Auction-Rate Securities (Centre Daily Times) - Nuveen Real Estate Income Fund (AMEX: JRS) today called for redemption at par outstanding shares of its auction-rate preferred shares (ARPS). The fund's Board of Trustees has approved the redemption, which is part of a refinancing expected to lower the relative costs of leverage for the fund over time while also providing liquidity at par for the holders of at least some of Nuveen Real Estate ...

Real estate stocks register steep dip (The Hindu) - Mumbai, May 6 Real estate stocks, which have been falling out of favour with investors for some time now, registered a steep dip on Tuesday. The BSE-Realty was the biggest loser among the sectoral indices, sliding 4.63 per cent on Tuesday against the BSE Sensex’s fall of 0.67 per cent.

Homewood Redd-Up, real estate watch, and the Inbox (Pittsburgh Post-Gazette) - Homewood Redd-Up, real estate watch, and the more from the Inbox.