Homester.com Web News Archive

A Real Estate Vertical Search Roundup, Part 1 (Search Engine Watch) - If you thought the housing market was competitive, try online real estate sites. After a couple of years of seeming stability and calm, the sector is now booming.

New real estate section (San Antonio Express News) - On Saturday we'll launch a new Real Estate section that will run each Saturday and Sunday. It'll be your guide to buying or selling a home.

Luxury Real Estate Firm in Switzerland Joins the Sotheby's International Realty(R) Network (FinanzNachrichten) - Sotheby's International ( Nachrichten ) Realty Affiliates, Inc., a subsidiary of Cendant Corporation (NYSE: CD), today announced that de Rham SA, a leading Swiss real estate firm, has signed a 25-year master franchise agreement to expand the Sotheby's International Realty(R) luxury network in seven Swiss cantons.

Blackstone raises $5 bln real estate fund-sources (Reuters via Yahoo! Canada News) - Blackstone Group has raised roughly $5 billion for its fifth general real estate fund, sources familiar with the matter said on Wednesday, more than double the size of its previous fund.

Gulf funds shift to real estate with focus on Asia (Manila Bulletin) - DUBAI, June 7 (Reuters) — Billions of dollars flowing out of stock markets in the Gulf Arab region are heading into real estate, with markets in China and India a key focus, the head of real estate investment at a leading Kuwaiti bank said.

Exclusive Resorts Seeks $250M Luxury Vacation Real Estate (Commercial Property News) - Exclusive Resorts, a destination club based in Denver and Washington, D.C., is set to kick off a $250 million program to acquire resort vacation real estate for its 2,000 affluent members.

PNOC to sell main real-estate asset of property unit (ABS-CBNNEWS.com) - The Philippine National Oil Co. (PNOC) plans to sell a billion-peso property in Cavite province, the main asset of its real-estate subsidiary, as part of efforts to speed up the privatization of the unit.

Owning real estate can add value to portfolio (The Olympian) - There are many great advantages to owning some real estate as part of your investment portfolio. It's important to make certain your investment in rental property is successful by minimizing some of the problems of owning real estate.

Uri: No Change to Real Estate Policy (donga.com) - Authorities from Cheong Wa Dae, Uri Party, and the government declared yesterday that “there won’t be changes to the real estate policy.”

Fed's Bies warns banks on real estate lending (Reuters via Yahoo! News) - U.S banking regulators are warily eyeing concentrations of commercial real estate loans and worry some institutions may not be preparing for risks associated with such loans, Federal Reserve Governor Susan Bies said on Tuesday.