Homester.com Web News Archive

Commercial real estate woes grow (AP via Yahoo! News) - Owners of shopping malls, hotels and offices are defaulting on their loans at an alarming rate, and the commercial real estate market is not expected to hit bottom for three more years, industry experts warned Thursday.

Real Estate Vs. Stocks: Which One's Right For You? (Investopedia via Yahoo! Finance) - There are ups and downs for both real estate and stock investments, so before diving in, know the differences between the two.

Commercial real estate woes grow (Houston Chronicle) - WASHINGTON — Owners of shopping malls, hotels and offices are defaulting on their loans at an alarming rate, and the commercial real estate market is not expected to hit bottom for three more years, industry experts warned Thursday. "The commercial real estate time bomb is ticking," said Rep. Carolyn Maloney, D-N.Y., who heads the congressional Joint Economic Committee.

Defaults on commercial real estate accelerate (MSNBC) - Owners of shopping malls, hotels and offices are defaulting on loans at an alarming rate, and the commercial real estate market is not expected to hit bottom for three more years.

Commercial Real Estate Is a ‘Time Bomb,’ Maloney Says (Update2) (Bloomberg) - July 9 (Bloomberg) -- The $3.5 trillion commercial real estate market is a ticking “time bomb” that may lead to a second wave of losses at large U.S. banks, congressional Joint Economic Committee Chairwoman Carolyn Maloney said.

U.S. commercial real estate market struggling (Houston Chronicle) - Owners of shopping malls, hotels and offices are defaulting on their loans at an alarming rate, and the commercial real estate market is not expected to hit bottom for three more years, industry experts warned today.

Commercial Real Estate Is a Ticking ‘Time Bomb,’ Maloney Says (Bloomberg) - July 9 (Bloomberg) -- The $3.5 trillion commercial real estate market is a ticking “time bomb” that could lead to a second wave of losses at large U.S. banks, congressional Joint Economic Committee Chairwoman Carolyn Maloney said.

AG Alleges Real Estate Fraud Scheme (CBS 5 Phoenix) - Attorney General Terry Goddard alleges in a lawsuit that numerous Tucson real estate pros and businesses engaged in a multi-million-dollar real estate fraud scheme.

Most South Bay real estate values buck downward LA County trend (Daily Breeze) - The slumping real estate market pushed down real estate values countywide for the first time in 13 years, although most South Bay cities bucked the trend.

Real estate rebound in Ada County (FOX 12 Idaho) - A real estate rebound in Ada County. Those who track home sales say it's a sign that at least the local economy is turning around.