Homester.com Web News Archive

Real-Estate Funds Are Hit Hard (WallStreet Journal via Yahoo! Finance) - Real-estate mutual funds are posting huge losses after seven years of big gains, hit by trouble in debt and property markets.

Fidelity, Franklin Hit as Real Estate Funds Lose $13 Billion (Bloomberg.com) - Aug. 16 (Bloomberg) -- Fidelity Investments, Franklin Resources Inc. and Kensington Investment Group Inc. are the biggest losers in a decline by U.S. real estate funds that wiped out $13 billion in the past three months.

July Housing Starts Raise New Concerns About the Real Estate Market (Seeking Alpha via Yahoo! Finance) - James Picerno submits: A number of dismal scientists, and market strategists have been advising for some time that the real estate market was set to stabilize. It wasn't poised to grow necessarily, but that was just fine as far as the broader economy was concerned.

'Real Estate Ingenious' song a viral marketing hit (KGET 17 Bakersfield) - A realtor vented his frustrations on the Internet about Kern County’s funny money real estate market. Jonathan Vaughn wrote lyrics and used a music bed from a popular beer TV...

Another big real estate auction coming (KVBC Las Vegas) - RealEstateAuctionByOwner.Com, Inc of Las Vegas, Nevada announces the August 25th Multiple Property Real Estate Auction.

Real estate events (San Jose Mercury News) - Aug. 20 Educational Workshop for Real Estate Investors. Educational workshop presented by a panel of experts in the area of real estate investments, structuring of 1031 exchanges, and the strategic allocation of investment assets.

REAL ESTATE AGENCIES (St. Petersburg Times) - NEVSKY PROSTOR (show on map) Since 1996 year "NEVSKY PROSTOR" has been in the range of the top ten real estate companies. In 1998 "NEVSKY PROSTOR" became an official member of the Real Estate Association of Saint-Petersburg and started co-operation with The St.Petersburg Times.

Island Real Estate Sales See Second Quarter Gain With Few Mortgage Ills (Vineyard Gazette) - As a widening home mortgage crisis ripples through national financial markets, positive trends in the second quarter indicate that the Vineyard real estate market has stabilized and is even showing growth.Patience and supply and demand, the ultimate self-correcting economic process, was at work in the Vineyard market during the three-month period which ended June 30.

Wis. real estate agent pleads not guilty to kickback scheme (ABC 7 Chicago) - A Wisconsin real estate agent has pleaded not guilty to charges that he solicited a kickback on the sale of a state office building.

CNA offers loan commission to real estate agents (BizJournals) - CNA Mortgage Group Inc. on Thursday announced it is expanding to Florida its realty support network that allows real estate agents to earn commissions on the loan origination process.