Homester.com Web News Archive

Online Real Estate Listing Exec Found Guilty (WebCPA) - Los Angeles (June 26, 2006) - A jury has convicted the founder and former chief executive of an online real estate listings site of orchestrating a $67 million accounting fraud.

• Bubble in Miami Real Estate and It’s Future (Turks.US) - Ohhhh… That's the noise of the air finally seeping out from the real estate bubble in Miami, which draws a bad timing. Others say that just at the time they were getting the properties on the market, the whole thing is starting to slow down.

Real Estate Funds: Pilot or Autopilot? (New York Times) - It's hard to beat the indexes, but many actively managed real estate funds still do.

Web site sues state over real estate rules (Chicago Tribune) - A Web site that helps people sell their homes has sued the state, claiming that requiring it to become a licensed real estate broker violates its free-speech rights.

(AFX UK Focus) 2006-06-26 00:37 GMT: Australia's United Group buys US real estate services group for 163 mln aud (Interactive Investor) - SYDNEY (XFN-ASIA) - Infrastructure and industrial services company United Group Ltd said it purchased a US-based corporate real estate services company, Equis Corp, for 163 mln aud.

Indiana will require real estate services (Louisville Courier-Journal) - A new state law will require Indiana real estate agents to provide a list of services that may seem like the basics to those who've bought and sold a home:

Tamweel meets real estate agents to discuss outlook on the sector (AME Info) - Tamweel, UAE's leading provider of home finance organised a one-day workshop to explore various facets of the real estate sector in the UAE, shedding light on the property market buoyancy and its future outlook.

Mada'in outlines strategy for real estate investment and development (AME Info) - Mada'in Real Estate Company (Mada'in) today outlined key details of its diversified business strategy for real estate investment and development in the UAE and other Gulf markets.

The value of an experienced real estate agent (Marin Independent Journal) - The next few years will be interesting for the real estate profession as the pendulum swings from the torrid seller's market of the past few years to a more historically normal market.

Reef Real Estate launches new web site (Press Release Network) - Reef Real Estate today announced the launch of its new web site at www.reefrealestate.net. The new site covers comprehensive information on all the current projects being undertaken by the company in UAE, Jordan and Lebanon. [Wired by: PressReleaseNetwork.com]