Homester.com Web News Archive

On The Block / The week's top postings from the Chronicle's real estate blog (sfgate.com/blogs/ontheblock) (San Francisco Chronicle) - If you're in second-home market, good bargains may come your way The real estate slump has affected the second home market even more than the principal one. After all, if you can barely afford to cover your first mortgage, the upkeep on a vacation home is the... Sponsored Topics: Real estate - Mortgage - United States - Business - Business and Economy

Banks slapped again; commercial real estate delinquencies mushroom (Pittsburgh Tribune-Review) - The subprime mortgage fiasco is being compounded by a newer stress factor at banks these days: Commercial loans, especially for real estate.

Foreclosures Draw Banks Into Real Estate Business (The Morning News) - SPRINGDALE — More than $238 million in local real estate assets sit on the books of 20 Northwest Arkansas banks in the form of other real estate owned — known as OREO. But unlike the sugary confection that also bears the name, OREO on a bank's balance sheet is anything but sweet, financial analysts say.

Real estate people (Asheville Citizen-Times) - Do you have real estate news? Send it to business@CITIZEN-TIMES.com, with “real estate people” in the subject line. We will publish real estate items as soon as possible, in the order in which they were received.

SportsWatch: U.S. real estate investor tackles Italian football (Market Watch) - A Texas real estate developer is about to get a crash course in the world of Italian soccer.

Aronov to open real estate school (Montgomery Advertiser) - Aronov has announced it will open the Aronov Professional Career School for Real Estate.

Real Estate Transactions (Americus Times-Recorder) - The following real estate transactions were recently recorded at the Sumter County Courthouse. • Mark Herren sold property located at 355 Flintside Drive to Janice Davis for $175,000.

Khaleej Times Online - Rufi Real Estate and Eurocon Prevail (Khaleej Times) - SHARJAH — Rufi Real Estate defeated William Hare Abu Dhabi Ghymkhana via a bowl out’ while Eurocon Alubond got the better of ECB Blues by 20 runs in the Ten Sports Sharjah Ramadan T-20 tournament, organized by the Sharjah Cricket Council, on Friday, a press release said.

Hearing in real estate scam (The Monterey County Herald) - The defense attorney for one of two Monterey County people accused of real estate fraud argued Friday that Gonzales police should have informed his client of her Miranda rights before they questioned her in June.

Real Estate Notes (Pittsburgh Tribune-Review) - News, transactions and personnel moves in the real estate industry.