Homester.com Web News Archive

Commercial Real Estate Outlook Improving (AP via Yahoo! Finance) - In contrast to housing market turmoil, an index of future commercial real estate activity posted its ninth consecutive quarter of improvement, a trade group said Tuesday.

Getting the Real Estate Crisis Right (Seeking Alpha via Yahoo! Finance) - Jim Wiandt submits: 30%, 40%, 50% drops sound a bit chicken littleish to me, but I do think that real estate is primed for more fall - particularly if the economy softens. You posted some very startling numbers there, though they're numbers I think most of us are at least vaguely aware of. [... ]

Wall Street Turns to Carlton to Dispose of $1B in Troubled Real Estate Loans (Commercial Property News) - Seeking to dump a series of problem real estate loans, several unnamed Wall Street investment and commercial banks have called on Carlton Advisory Services Inc. for assistance.

The Real Estate Summers! (The New York Observer) - The Real Estate will be publishing sporadically from Aug. 22 through Aug. 28. Regular publishing will resume Wednesday, Aug. 29.

Real estate experts see no quick fix (Gulf News) - Dubai: There are no easy solutions to the problem of rising house rents as the economy continues to grow and more expatriates arrive in the country to take up new jobs, real estate experts said.

Adding real estate to your portfolio: How much? What type? (The Morganton News Herald) - You may have heard that “real estate is always a good investment.” However, that’s a “blanket” statement and not terribly useful. In fact, it raises many questions: Does real estate really go up in value all the time? What type of real estate should I invest in?

GE Real Estate Makes $18.2M Equity Investment for Acquisition of 856-Unit Multifamily Property (Multi-Housing News) - Phoenix—GE Real Estate has made an $18.2-million equity investment with Greystar Real Estate Partners to acquire Saratoga Ridge, an 856-unit apartment complex in the Deer Valley submarket of Phoenix.

Manchester real estate transactions (Gloucester Daily Times) - Among the recent real estate transactions in Manchester are:

Real estate career conference Aug. 16 (St. Clair County Journal) - Strano & Associates, 1910 Carlyle Ave. in Belleville will host a real estate career night at 6:30 p.m., Thursday, Aug. 16.

Dumping the Real-Estate Agent Can Spur Home Sale: John F. Wasik (Bloomberg.com) - Aug. 20 (Bloomberg) -- If you are selling property now in a market bedeviled by huge inventories of homes and a credit crunch, you could do better if you dumped your real-estate agent.