Homester.com Web News Archive

Real estate insiders see market upheaval into 2010 (BizJournals) - The majority of real estate execs -- 60 percent -- say the current credit crisis is the event with the single-greatest impact on the commercial real estate industry during the past 20 years, according to a national survey conducted by law firm DLA Piper.

State revokes real estate licenses of Crisp, Cole (The Bakersfield Californian) - State regulators have revoked the real estate licenses of Carl Cole and David Crisp, a decision released Friday shows. But the pair, former principals of Bakersfield's now-defunct Crisp & Cole Real Estate whom regulators accused of mortgage fraud, could continue selling homes for months or longer. "We do plan to file an appeal," Cole said Friday. "I just talked to my attorney."

Chase-WaMu deal watched closely in real estate circles (BizJournals) - The impact of the government-orchestrated sale of Washington Mutual to J.P. Morgan Chase will ripple through the Bay Area commercial real estate market from San Francisco to Pleasanton. (WM) (JPM)

Briefs: HUD offers real-estate counseling services (Pittsburgh Tribune-Review) - How about some counseling to help you resolve some of your deep-rooted real-estate issues?

Experts: Financial bailout could prolong real estate hitting bottom (South Florida Business Journal) - The financial bailout being negotiated by Congress and George Bush’s administration may prolong real estate’s bottoming out, said land buying experts at a Miami Beach conference Friday.

With new sites, real estate search dials into mobile phones (The Daily Record) - Even as home sales remain in a prolonged skid, there's something of a Gold Rush to develop software and Web sites designed to turn mobile phones into divining rods for real estate listings and neighborhood information.

Real-estate agents want more signs in Breckenridge (Summit Daily News) - BRECKENRIDGE - A group of Breckenridge real-estate agents asked the town council this week to allow more open-house signs, furthering a trend toward grass-roots democracy at town hall.

House swapping a growing niche in real estate market (Minneapolis-St. Paul Star Tribune) - "I'll buy your house if you'll buy mine" is the latest real estate marketing tactic.

Inclusion of Minority Real Estate Professionals and Asset Managers Urged as Congress Considers $700 Billion Bailout Plan (PR Newswire via Yahoo! Finance) - Maria Kong, President of the National Association of Real Estate Brokers today urged Congressional leadership, President Bush and Secretary of the Treasury Paulson, to act fairly and responsibly to ensure that minority-owned real estate, finance and legal professionals are included among the firms tapped to manage the multi-billion dollar asset portfolio the government plans to purchase from ...

Real estate investors may boost Orillia's economy (Orillia Packet & Times) - Lakehead University and Georgian College were a hot topic for approximately 300 real estate investors who took part in a bus tour around Orillia on [...]