Homester.com Web News Archive

Real Estate Practice Gains New Ground With Top Firms (Law.com) - Centro Watt's purchase of Heritage Property Investment Trust: $3.2 billion. GE Real Estate's acquisition of Arden Realty: $4.8 billion. Kimco Realty Corp. and Pan Pacific Retail Properties merger: $4 billion.

BofA, National City offer bleak view of real estate, economy (Market Watch) - NEW YORK (MarketWatch) -- On the same day a report showed the confidence of U.S. home builders collapsed to a 15-year low, Bank of America and National City executives offered their own bleak views of the real-estate market and economy on Tuesday, even as they sounded reassuring about their own companies' prospects.

Will sites like Zillow.com shake up the real estate industry? (CNET) - Video: Will sites like Zillow.com shake up the real estate industry?. Steve Chainey bought his dream home using Zillow.com, a Web 2.0 site that combines satellite mapping imagery with home valuation analysis. This site and others like it provide consumers with research tools that have been difficult to access in the past, potentially disrupting the traditional real estate paradigm.

Century 21 Real Estate Adds 80 Companies to its Global Network of Franchisees (Real Estate News) - Largest residential real estate franchisor grows by 160 offices

NAR Forms Joint Venture with Mexican Real Estate Organization (Real Estate News) - The relationship is expected to provide greater uniformity of standards of practice in real estate between the two countries

Will sites like Zillow.com shake up the real estate industry? (ZDNet) - Steve Chainey bought his dream home using Zillow.com, a Web 2.0 sitethat combines satellite mapping imagery with home valuation analysis.This site and others like it provide consumers with research tools thathave been difficult to access in the past, potentially disrupting thetraditional real estate paradigm.

RealPlus' Real Estate Listings System Picks Up Speed, Goes Mobile With IBM (SYS-CON Media) - IBM(NYSE: IBM) today announced that New York City's RealPlus LLC, aresidential real estate software development firm, has upgraded its IBMsoftware to significantly improve information access in mobility and fasterresponse times. Queries on the multiple listings service that originallytook two to three minutes now produced results in less than six seconds.

Lilburn council approves market and real estate study (Gwinnett Daily Post) - LILBURN — Lilburn’s downtown, U.S. Highway 29 overlay district and the former Readymix Concrete property on Killian Hill will be the focus of a real estate and market study approved by the Lilburn City Council Monday night.

Real estate sales still in funk (Los Angeles Daily News) - Southern California's residential real estate market remained in a funk during July as sales fell for the eighth straight time to their lowest level for the month in nine years, an industry tracker said today.

Now, own your piece of real estate action (The Times of India) - Real Estate Mutual Funds are expected to give investors their share from the real estate boom.