Homester.com Web News Archive

Macquarie Bank divests stake in Goodman real estate trust (International Herald Tribune) - Macquarie Bank, the biggest Australian investment bank, raised 733 million Australian dollars, or $558 million, from the sale of its stake in the real estate investment trust Macquarie Goodman Group.

U.S. Bank Commercial Real Estate to serve San Antonio clients (bizjournals.com via Yahoo! Finance) - U.S. Bank Commercial Real Estate's new office in Houston will also focus on serving San Antonio clients.

German Shares Climb, Led by Allianz, Hypo Real Estate and E.ON (Bloomberg.com) - Aug. 24 (Bloomberg) -- German stocks gained, led by shares of Allianz AG, Hypo Real Estate Holding AG and Commerzbank AG, after German business confidence fell less than economists had expected in August.

Daniel Gale purchases real estate firm (Newsday) - Daniel Gale Sotheby's International Realty is continuing its march eastward with the purchase of Frank Huntington Real Estate in St. James, the two companies announced this week.

Real Estate ETFs Avoid Home Market Carnage (Investor's Business Daily via Yahoo! News) - Wednesday brought more bad news for the real estate market with the report that existing-home sales dropped sharply in July.

Real Estate Downturn Produces Condo Glut (NPR) - The real estate slump on both coasts has left a glut of condominiums on the market in places like San Diego. That's forcing some sellers into big price cuts. Many developers are responding to the changing market conditions by converting vacant condos into rentals.

Local real estate market shows signs of slowing (KGET 17 Bakersfield) - The foreshadowed bubble burst of the real estate market could soon be a reality with home sales dipping to their lowest level in 2 1/2 years nationwide.

• Future of Miami Real Estate Market Trend (Turks.US) - The city of Miami lushes with activity as it has been considered a future, albeit hot version of, Manhattan. Currently, Miami is an attractive venue for buyers to take advantage in, due to a high inventory of properties—Miami Real Estate properties for sale are increasing faster than those sold.

A+ College Real Estate (Forbes) - Investing in your child's education as well as your real estate portfolio can really pay off.

German Stocks Recoup Losses, Led By Hypo Real Estate, E.ON (Bloomberg.com) - Aug. 24 (Bloomberg) -- German stocks rebounded, led by shares of Hypo Real Estate Holding AG and E.ON AG, after German August business confidence fell less than economist had expected.