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Real Estate News May 2008

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No details released in real estate agent's murder
Shallotte | Law enforcement authorities say they are investigating leads in the murder of a local real estate agent, but they won't disclose details and no suspects have been named.Adam Grant Bradshaw's body was found by Shallotte police about 5:30 p.m. Tuesday at the end of Watts Road in the Ocean Isle Beach area. (Thu, 01 May 2008 01:14:37 GMT)

Maxine Conlin and Stephanie Belanich: Here For All Your Real Estate Needs
In the Douglaston and Little Neck real estate market, no one knows your options better than Maxine Conlin and Stephanie Belanich, licensed Prudential Elliman realtors. (Thu, 01 May 2008 04:02:15 GMT)

Local real estate market improving after 2007 slowdown
McALLEN - No one can convince Nathan Selzer the Upper Rio Grande Valley is a soft real estate market. During his recent round of house hunting, a competing bidder on a property in North McAllen snatched away his "perfect home" with a cash offer. (Thu, 01 May 2008 04:06:24 GMT)

Sam Zell Sees Commercial Real Estate Investment Accelerating
May 1 (Bloomberg) -- Billionaire Sam Zell said institutional investors are beginning to return to the market for mortgage- backed securities that finance commercial real estate deals and new construction. (Thu, 01 May 2008 04:26:19 GMT)

Grossing the Miami Commercial Real Estate’s Contribution to the MarketGrossing the Miami Commercial Real Estate’s ...
It is always been aforementioned that the market is extreme condition concerning its forecast, almost everything in the nation that concerns the real estate market has been in the bullseye target for criticism, simply because the housing crisis is suffering. (Thu, 01 May 2008 06:31:04 GMT)

Phat Dat set for $530m real estate projects
VietNamNet Bridge - Real estate developer Phat Dat Corporation will begin two major projects this year at a total investment of around VND8.5 trillion (US$530 million). (Thu, 01 May 2008 06:54:52 GMT)

Optimistic Thinking: Bright Future Expected in Miami Condo Real Estate
The best market for Condo real estate is clearly Miami, why wouldn’t it be the best? They offer a lot, the beaches, the views, the location, the weather and the people. (Thu, 01 May 2008 08:16:05 GMT)

Investing on Miami Preconstruction Real Estate
Nowadays, the Miami Preconstruction Real Estate is being given so much attention by the media and there are predictions that eventually it will achieve a higher niche in the market. (Thu, 01 May 2008 09:46:04 GMT)

Crimson Ridge in receivership; Golf course, and real estate properties up for sale
Sault Ste. Marie's Crimson Ridge Golf Course is on the auction block. Crimson Ridge went into receivership in mid-April. Receiver KPMG Inc. has issued an invitation for proposals to purchase the assets and operations of the course and its adjoining real estate properties. The [...] (Thu, 01 May 2008 09:47:20 GMT)

Aventura -- Home To Florida's Luxurious Real Estate Condos
The city of Aventura is well-known for its ocean views and blue skies. This young and vibrant metropolis offers a lot of the finest real estate properties for its investors. (Thu, 01 May 2008 10:01:06 GMT)

All real estate is local
We don't know whether this familiar line preceded or derived from the late Speaker of the House Thomas P. "Tip" O'Neill's memorable "All politics is local." We are, however, certain that residential real estate is one of York County's greatest assets. (Thu, 01 May 2008 10:21:30 GMT)

ROI in real estate market to decline by 15%
Real estate developers and investors expressed deep concern over the continuous decrease in the rate of return on investment (ROI) in the local real estate market. (Thu, 01 May 2008 10:45:06 GMT)

Real Estate Valuation Expert Provides In-Depth Look into Automated Valuation Models
Zaio Inc., the US Subsidiary of Zaio Corporation (TSX-V: ZAO), announces the release of "AVMs 201: A Practical Guide to the Implementation of Automated Valuation Models." AVMs are computer software programs that apply statistical methodology and analyses to predict a home's market value at a particular point in time. Real estate appraisers and mortgage professionals will be able to use this ... (Thu, 01 May 2008 14:25:08 GMT)

Man gets 19 years for slaying ABQ real estate investor
ALBUQUERQUE (AP) - A man has been sentenced to life plus 19 years in prison for fatally shooting an Albuquerque real estate investor. State District Judge Denise Barela Sheperd sentenced 22-year-old Bryan Sandoval Wednesday in Albuquerque. (Thu, 01 May 2008 15:13:23 GMT)

Seller's disclosure key element in real estate sale
Editor's note: West is Associate Broker at Patterson-Schwartz Real Estate. (Thu, 01 May 2008 15:20:55 GMT)

Zell Sees Commercial Real Estate Investment Resurging (Update1)
May 1 (Bloomberg) -- Billionaire Sam Zell said institutional investors are beginning to return to the market for mortgage- backed securities that finance commercial real estate deals and new construction. (Thu, 01 May 2008 17:53:15 GMT)

Great American Group Announces the Formation of Real Estate Services
WOODLAND HILLS, Calif.----Great American Group, one of the nation's leading asset management firms, announced today the formation of Great American Group Real Estate, LLC . This new division will be dedicated to assisting Great American clients with a wide range of real estate services, including valuations and appraisals, lease mitigation, lease renegotiation, capital raising, expert testimony ... (Thu, 01 May 2008 18:00:00 GMT)

Coldwell Banker Residential Real Estate Cares volunteers at Ronald McDonald House
Coldwell Banker Residential Real Estate Cares, the charitable arm of Coldwell Banker Residential Real Estate, has announced that sales associates and managers from Miami-Dade County donated and organized food, paper, linen and cleaning items during the first “Time Talent & Treasure” Day at the Ronald McDonald House. (Thu, 01 May 2008 18:58:24 GMT)

Soft economy, real estate slump tag City budget
A real estate slump and softening national economy are starting to impact the City of Tacoma's ability to tackle a handful of capital projects, according to Tacoma City Manager Eric Anderson. (Thu, 01 May 2008 19:02:05 GMT)

FrontDoor.com Helps Homebuyers Navigate Tumultuous Real Estate Climate with ''Top 10 Red Flags for Homebuyers''
KNOXVILLE, Tenn.----The average homebuyer views at least 10 homes over an eight week search so it isn't practical to get a professional inspection of every house they tour. FrontDoor.com, the new real estate Web site powered by HGTV, comes to the rescue pointing out things to look for in your own pre-inspection that will help identify potential problems before calling in the pros. (Thu, 01 May 2008 19:30:00 GMT)

LMP Real Estate Income Fund Inc. Announces Results of Annual Meeting . of Stockholders
of Stockholders 28/04/2008 21:00:00 Business Wire US9433151019 LMP Real Estate Income Fund Inc., which is traded on the New York Stock Exchange under the symbol "RIT," announced today the results of the votes cast at the Fund s annual meeting of stockholders held on April 28, 2008. (Thu, 01 May 2008 19:48:04 GMT)

Real estate to see $12-bn PE funds
With the Indian real estate market slated to grow 35-40% in value terms over the next two years, private equity players are lining up significant investments in the segment. (Thu, 01 May 2008 20:40:56 GMT)

Real estate boom boosts 2007 net income of Megaworld unit
MANILA, Philippines - Higher revenues from real estate sales amid tight competition boosted the 2007 net income of mid-income homebuilder Empire East Land Holdings, Inc. (Thu, 01 May 2008 22:05:29 GMT)

Garfield County real estate market falls
GLENWOOD SPRINGS Not even Garfield County's real estate market fueled by the natural gas boom could avoid a slowdown during the first quarter of 2008. (Thu, 01 May 2008 23:36:13 GMT)

High-end real estate sales still strong
Ginger Martin and Carol Sebastiani, of Martin & Sebastiani Properties/Sotheby's International Realty Wine Country Brokerage, reported last week that properties at the high end of the real estate market are selling well as the local and international demand for coveted Sonoma and Napa Valley property is growing. (Fri, 02 May 2008 00:13:25 GMT)

Real estate values decline
Real estate activity in Powell River dipped dramatically in March 2008 compared to the same month in the previous year. In March 2008, 13 single-family homes sold for a value of about $4.1 million, a 46 per cent decrease compared to the same month a year before. (Fri, 02 May 2008 01:59:33 GMT)

Real Estate Fraud Led To San Ramon Man's Murder
An El Sobrante man was arraigned in court Thursday in connection with the murder of a San Ramon man that prosecutors said appeared to have stemmed from an alleged real estate fraud involving a piece of property in North Richmond.  (Fri, 02 May 2008 02:13:33 GMT)

Real estate firm gets new name
The largest residential real estate firm in the Charleston area is no longer Prudential Carolina Real Estate. It's now Carolina One Real Estate — the same company but with a new name. The firm officially dropped its affiliation with Prudential Real Estate on Thursday, triggeri... (Fri, 02 May 2008 04:47:37 GMT)

Is It Time to Buy Real Estate? -- ThirdAge
Is It Time to Buy Real Estate? Investing in real estate used to be considered a "no brainer," a can't-miss investment. But these days, this sure thing isn't so sure. Home prices keep falling. Standard & Poor tracking shows prices down 7.7 percent nationally in November 2007. (Fri, 02 May 2008 06:15:26 GMT)

Real estate curriculum at UAA impressive
If you want to learn more about real estate investment and management, check out the University of Alaska Anchorage's real estate curriculum. (Fri, 02 May 2008 09:25:04 GMT)

Real estate prices resisting downturn; Georgian Triangle seems immune to national trend: Survey
So far, it appears the Georgian Triangle has been insulated against the first rumblings of a downturn in the real estate market. That opinion was expressed by both the Century 21 Canada 2008 Spring National House Price Survey and local Century 21 representative Rick Offord. [...] (Fri, 02 May 2008 09:48:25 GMT)

N.H. real estate still in decline
The New Hampshire Association of Realtors is pointing to a harsh winter, coupled with a lack of consumer confidence and an increase in foreclosure sales, in their assessment of a real estate market that saw a 7.8-percent decline in median sale prices for... (Fri, 02 May 2008 10:00:48 GMT)

Salem area finally gets a taste of the real estate slump
The real estate slump has finally hit the Salem area. (Fri, 02 May 2008 10:15:32 GMT)

Goodwin Procter s Los Angeles Chairman, Lewis G. Feldman, Leads Panel . Titled Real Estate: Where is the Bottom During ...
Titled Real Estate: Where is the Bottom During 11th Annual Milken Inst 29/04/2008 10:00:00 Business Wire DE0007226706 Lewis G. (Fri, 02 May 2008 11:19:54 GMT)

Nation's Largest MLS Selects Catylist to Power New Regional Commercial Real Estate Information Exchange
MRIS, Metropolitan Regional Information Systems, Inc., the nation's largest multiple listing service and the premier online real estate information service for nearly 60,000 real estate professionals in Maryland, Washington DC, Northern Virginia and parts of West Virginia and Pennsylvania, has just unveiled a regional commercial information exchange for commercial real estate professionals ... (Fri, 02 May 2008 11:45:00 GMT)

Real estate projects face funding obstacles
Developers, commercial properties run into money trouble as stricter lending practices come into play and fewer buyers place bids There is little doubt that the nation's credit crisis has cooled speculative real estate projects in Chicago, but now that chill has spread to developments with marquee tenants and backed by established companies. (Fri, 02 May 2008 12:48:55 GMT)

Village Real Estate starts first suburban office in Franklin
Village Real Estate Services has opened its first office in Williamson County in historic downtown Franklin. (Fri, 02 May 2008 12:59:30 GMT)

Real estate loss cuts 1st-qtr profit of utility Allete
Allete Inc., a coal, utility and real estate company, said Friday its first-quarter profit fell 10 percent as expenses rose and its Florida land business swung to a loss. (Fri, 02 May 2008 13:54:33 GMT)

Assocham calls for real estate investment trusts
An early introduction of real estate investment trusts (REITs) will attract institutional investors and make the commercial real estate market more transparent, according to the Associated Chambers of Commerce and Industry of India (Assocham). (Fri, 02 May 2008 15:25:58 GMT)

RMR Advisors, Inc. Announces Launch of RMR Real Estate Securities Fund
RMR Advisors, Inc. today announced it has expanded its investment offerings with the addition of RMR Real Estate Securities Fund, its first open end mutual fund. (Fri, 02 May 2008 15:28:30 GMT)

Experts to talk about real estate markets
Two local experts will talk about the real estate and mortgage markets in the Mid-Columbia at the Tri-City Democrats meeting at 6 p.m. today. (Fri, 02 May 2008 16:02:25 GMT)

Crye named chairman of Leading Real Estate Cos.
Harold Crye, CEO and co-owner of Crye-Leike, Realtors, has been named chairman of the board for the Leading Real Estate Cos. of the World, a global real estate network. (Fri, 02 May 2008 17:19:32 GMT)

RioCan Real Estate Investment Trust Posts Lower Q1 FFO - Quick Facts
(RTTNews) - RioCan Real Estate Investment Trust (REI_U.TO) on Friday said first quarter net earnings declined to C$30.28 million or C$0.14 per share from C$37.40 million or C$0.18 per share in the same period last year. (Fri, 02 May 2008 17:21:14 GMT)

Introduction of REIT in Real Estate will reign transparency
New Delhi, May 2 (UNI) In a bid to bring transparency to real estate industry and put a leash to spiralling prices, an early introduction of Real Estate Investment Trusts (REITs) is required. (Fri, 02 May 2008 18:01:13 GMT)

UC Berkeley's 13th Annual Fisher Center Real Estate Conference
"Mid-Year Update: Has the Other Shoe Dropped?," the topic of the 13th annual Fisher Center Real Estate Conference, at which leading experts from academia, business and government will examine current trends and critical issues in the real estate market, particularly in California. (Fri, 02 May 2008 21:24:01 GMT)

Brookfield Real Estate Services Completes Interest Rate Swap Agreement With Canadian Imperial Bank Of Commerce - Quick ...
(RTTNews) - Brookfield Real Estate Services Fund (BRE_U.TO) announced that it has completed an interest rate swap agreement with the Canadian Imperial Bank of Commerce or "CIBC" which fixes the interest rate on its recently completed C$15 million Term Facility at 4.29% with effect from April 7, 2008. (Fri, 02 May 2008 23:05:55 GMT)

Palmyra trims real-estate tax hike to 6%
PALMYRA — The Palmyra Area School District released a proposed 2008-09 budget of $34.9 million Thursday night that requires a nearly 6 percent increase in the real-estate tax. (Sat, 03 May 2008 03:17:24 GMT)

LA Real Estate Mogul Plans to Light Up Blade Runner -Style Billboards
Wasn't Blade Runner supposed to depict a bleak, dystopian future? Someone really should tell Sonny Astani. The 55-year-old real estate mogul is planning to bring 2019 Los Angeles to life in the form of two 14-story animated billboards modeled on Ridley Scott's opening sequence. "I saw Blade Runner at least five times," says Astani, whose empire encompasses thousands of Southern California ... (Sat, 03 May 2008 04:19:37 GMT)

How low will real estate go?
Though the national real estate market remains bleak, it's assumed that when housing dips to a point where buyers think it represents a bargain, they'll buy back in. (Sat, 03 May 2008 04:27:48 GMT)

Novato's real estate retreat
The slump in the real estate market is the worst some real estate agents have ever seen and it has hit Novato harder than the rest of Marin, forcing companies to (Sat, 03 May 2008 06:51:51 GMT)

Ask questions to pick a real estate agent
Top questions to ask a real estate agent, whether you are buying or selling. (Sat, 03 May 2008 07:06:00 GMT)

Real Estate People
COLDWELL BANKER RESIDENTIAL REAL ESTATE named March achievers for the Lakeland Central office Mark Huntington, Beverly Page and Velvet Green tied for listing units Huntington, listing volume Penny Evans and Kim Jones, sales units Evans, sales volume. Randy Benton Team led for listing units, listing... (Sat, 03 May 2008 11:44:15 GMT)

Zell sees commercial real estate resurging
Billionaire Sam Zell said institutional investors are beginning to return to the market for mortgage-backed securities that finance commercial real estate deals and new construction. (Sat, 03 May 2008 21:39:04 GMT)

Real Estate Development
Don't be too quick to say recession... especially in the Treasure Valley. According to Paul Hiller the commercial real estate market isn't just warm...it's on fire. (Sun, 04 May 2008 02:03:44 GMT)

Real estate company takes buyers on tour
They say necessity is the mother of invention -- which gave a local real estate company a great idea. (Sun, 04 May 2008 03:27:39 GMT)

Real estate firm to develop plans for Almulla properties
DUBAI — A financial real estate company is being established to develop plans for an international chain of Shariah-compliant hotels with 150 properties worldwide, up to 90 of them in the Middle East and North Africa. (Sun, 04 May 2008 03:48:06 GMT)

Real estate transactions
Editor's note: Beginning today, in order to more accurately reflect market trends, The Post and Courier's real estate transactions will include properties sold for $200,000 or more. The previous price range was $250,000 or more. (Sun, 04 May 2008 04:18:04 GMT)

REAL ESTATE TRANSACTIONS
Real estate transactions recorded at the Manatee (Sun, 04 May 2008 04:51:12 GMT)

Sikku, the One Stop Shop Real Estate and Mortgage Portal Wins Top Industry Endorsement
A powerful new platform that streamlines and combines every facet of a real estate transaction under one roof, where both consumers and mortgage/real estate professionals can not only effectively interact, but transact business in the real world. (Sun, 04 May 2008 07:01:00 GMT)

Real estate firm to develop plans for UAE's Almulla properties
Real estate firm to develop plans for UAE's Almulla properties (Sun, 04 May 2008 07:03:27 GMT)

Real estate agent finishes course
Steve Kelly of Coldwell Banker Miller-Arnason Real Estate has successfully completed the e-PRO course offered by the National Association of Realtors. (Sun, 04 May 2008 07:08:45 GMT)

REAL ESTATE NOTES
NEW FACES Ashley Abplanalp is a Realtor with Keller Williams. PEOPLE IN THE NEWS Tom Gaye has earned his Senior Real Estate Specialist designation from the National Association of Realtors. He is with Rushing Realty Agency & Services Inc. --Compiled by Trudy Knight Send information to Real Estate Notes, Richmond Times-Dispatch, P.O. Box 85333, Richmond, VA 23293-0001; e-mail ... (Sun, 04 May 2008 07:09:19 GMT)

Almulla Hospitality and Jasper Capital sign for real estate company to develop Cliftonwood, Adham and Wings hotels
A financial real estate company is being established to develop plans for an international chain of Islamic-compliant hotels with 150 properties worldwide, up to 90 of them in the Middle East and North Africa. (Sun, 04 May 2008 08:00:16 GMT)

Lauchlan joins Kane real estate
NEWINGTON — Alex Lauchlan, a licensed real estate broker, recently joined The Kane Co. (Sun, 04 May 2008 10:05:51 GMT)

Gmul Investment buys stake in real estate SPAC
Global Real Estate Services Corporation wants to raise up to $120 million. (Sun, 04 May 2008 12:15:18 GMT)

(AFX UK Focus) 2008-05-04 16:55 GE Real Estate to increase investments in Germany
FRANKFURT (Thomson Financial) - General Electric Co.'s real estate unit plans to increase its investments in Germany to benefit from the crisis in financial markets, its head of German operations Rainer Thaler told Boersen-Zeitung. (Sun, 04 May 2008 16:16:47 GMT)

Vietnamese Real Estate Website Gets Some Ink
The US-owned real estate website www.metvuong.com is coming out free of charge in paper format for its customers and partners. (Mon, 05 May 2008 02:38:29 GMT)

VIETNAMESE REAL ESTATE WEBSITE GETS SOME INK
Publishing   The US-owned real estate website www.metvuong.com is coming out free of charge in paper format for its customers and partners. (Mon, 05 May 2008 02:38:29 GMT)

Seller's disclosure key element in real estate sale
Editor's note: West is Associate Broker at Patterson-Schwartz Real Estate. (Mon, 05 May 2008 03:05:54 GMT)

Real estate professionals take close look at short sales
A cooling market for residential real estate means plenty of opportunities for bargain hunters, but if a home's price isn't enough to wipe out the current mortgage, liens or tax assessments, buyer beware. (Mon, 05 May 2008 04:38:00 GMT)

Two high-profile real estate vets make move to newcomer Endura
After less than nine months on the local commercial real estate scene, Endura Advisory Group has already succeeded in netting two more heavy hitters in the industry. (Mon, 05 May 2008 05:05:42 GMT)

Dallas real estate company buyout paves way for entry into Houston
A well-established Dallas commercial real estate firm has been acquired by two company principals who plan to enter the Houston market. (Mon, 05 May 2008 05:07:22 GMT)

Washington University invests $2 billion in real estate over decade
Washington University spent $1.74 billion on capital expenditures in the past decade, making it one of the region's largest real estate developers. (Mon, 05 May 2008 05:10:47 GMT)

Real estate investors find tight credit, slim selection
As the credit markets tighten, so has the market for investment real estate. (Mon, 05 May 2008 05:11:50 GMT)

Born into real estate: ULI to honor Jerome Schostak for a lifetime of making deals, setting trends
Asked how long heand#39;s been in the real estate business, Jerome Schostakand#39;s answer carries a bit of humor and a bit of truth. (Mon, 05 May 2008 07:02:44 GMT)

Niagara County Real Estate Transactions
Following are real estate transactions over $5,000 as listed in records of the Niagara County clerk's office for the week ending March 21. (Mon, 05 May 2008 10:48:18 GMT)

Erie County Real Estate Transactions
Following are real estate transactions over $5,000 as listed in records of the Erie County clerk's office for the week ending March 21. (Mon, 05 May 2008 10:48:39 GMT)

The Business of New York Real Estate: Timely Information, Trusted Analysis and Valuable Resources Online
NEW YORK CITY-Competition for a reduced labor pool, worker-centric location decisions and the sustainability wave are key ingredients that determine the future of corporate real estate, according to the 2008 State of the Industry report by CoreNet Global. (Mon, 05 May 2008 11:25:51 GMT)

RioCan Real Estate Investment Trust Q1 2008 Earnings Conference Call At 9:00 AM
(RTTNews) - RioCan Real Estate Investment Trust (REI-UN.TO) CEO Edward Sonshine will host a conference call at 9:00 am, to discuss its Q1 2008 earnings results. (Mon, 05 May 2008 11:52:18 GMT)

U.S. sues Columbia real estate brokers over listings
The U.S. Attorney General has filed an anti-trust lawsuit against a group of Columbia-area real estate brokers to prevent them from restricting competition. If successful, the suit could lower the commissions home sellers pay real estate agents and would provide more access for discount brokers. The suit says the Columbia-area's Consolidated Multiple Listing Service membership rules are set up ... (Mon, 05 May 2008 14:30:01 GMT)

Feds say Columbia real estate brokers block competition
Federal prosecutors have filed a lawsuit against real estate brokers in the Columbia area, saying they illegally restrict competition and keep fees high. (Mon, 05 May 2008 16:10:42 GMT)

How low will real estate go?
Though the national real estate market remains bleak--in some neighborhoods vacant homes outnumber those that are occupied and sellers are being forced to lower asking prices in a bid to lure bargain hunters--it's assumed that when housing dips to a point where buyers think it represents a bargain, they'll buy back in. (Mon, 05 May 2008 18:19:45 GMT)

John L. Scott Real Estate buys Real Tech
John L. Scott Real Estate said it's purchased technology company Real Tech LLC for an undisclosed sum. (Mon, 05 May 2008 18:25:38 GMT)

Feds say Columbia real estate brokers block competition
Federal antitrust lawyers say a group of real estate brokers uses a listing service to illegally stifle competition in the Columbia area, preventing fees for home buyers and sellers from going down. The Justice Department's antitrust division charges that in order to use the Consolidated Multiple Listing Service Inc., brokers are required to offer identical services. But the company - a joint ... (Mon, 05 May 2008 20:00:01 GMT)

Feds say Columbia real estate brokers block competition
Federal antitrust lawyers say a group of real estate brokers uses a listing service to illegally stifle competition in the Columbia area, preventing fees for home buyers and sellers from going down. (Mon, 05 May 2008 20:00:38 GMT)

Isle of Wight real estate assessments up 5 percent
Residential real estate assessments are up an average of 5.3 percent, according to figures released by Isle of Wight County today. (Mon, 05 May 2008 20:02:16 GMT)

REAL ESTATE
Residential real estate In this section you can find different offers on residential real estate from the leading real estate agencies: Apartments for all tastes: standard to luxurious, short or long terms. (Mon, 05 May 2008 20:20:57 GMT)

REAL ESTATE CATALOGUE
In the nearest issue you will find the latest data on commercial, residential and trade premises in St. Petersburg. Fresh information about state of real estate market, tips from the leading consulting companies and much more! (Mon, 05 May 2008 20:23:07 GMT)

Online real estate listings up, but fewer sales
A real estate website has reported a big jump in Tasmanian listings in the past year. (Mon, 05 May 2008 23:04:00 GMT)

Real estate market on life support
The Auckland property market has virtually ground to a halt and prices are falling, fresh figures from Auckland's biggest real estate agency group show. (Mon, 05 May 2008 23:49:42 GMT)

Auckland real estate sales slump
A leading member of the real estate industry in Auckland sees no evidence of vendors being forced to sell their properties in a slowing housing market. (Tue, 06 May 2008 00:38:49 GMT)

Real estate agency's figures show sharp fall
The Auckland property market has virtually ground to a halt and prices are falling, fresh figures from the city's biggest real estate agency group suggest. (Tue, 06 May 2008 03:05:02 GMT)

Rs450b real estate scam leaves MQM red-faced
KARACHI — Relations between the Pakistan People’s Party (PPP) and the Muttahida Qaumi Movement (MQM) — coalition partners in the Sindh government — are likely to suffer in the wake of an inquiry ordered into what is regarded as the country’s biggest real estate scam worth Rs450 billion. (Tue, 06 May 2008 03:17:29 GMT)

OUTLOOK Hypo Real Estate to post weak Q1 on further mark-downs of investments
MUNICH (Thomson Financial) - Hypo Real Estate Holdings AG. is set to post sharply lower first-quarter results on Tuesday due to further valuation losses on its investment portfolio, but most analysts believe the group has managed to avoid dropping into the red. (Tue, 06 May 2008 03:38:48 GMT)

Real estate group facing scrutiny
The U.S. government is suing the group that oversees real estate listings in the Columbia region to make sure home sellers have access to agencies that charge less than the typical 6 percent commission. The Columbia-area Consolidated Multiple Listing Service denies the government’s claims, saying at least three discount real estate firms already are members and have access to the region’s real ... (Tue, 06 May 2008 04:25:44 GMT)

Real estate prices has still not touched the ground
VietNamNet Bridge – The 50% real estate price decrease in the last three months made a lot of investors hover between life and death. However, experts said that the real estate prices still have not touched the ground. (Tue, 06 May 2008 04:51:16 GMT)

Hypo Real Estate Quarterly Profit Falls on Writedowns, Lending
May 6 (Bloomberg) -- Hypo Real Estate Holding AG , the worst performing stock on Germany's benchmark DAX Index this year, said first-quarter profit fell 38 percent on lower lending income and markdowns. (Tue, 06 May 2008 05:51:26 GMT)

Buyers drive hard bargains in Puget Sound area real-estate market
Sellers anxious for offers in the sagging real-estate market are finding they may have to swallow their pride, slash their asking price and give in to a bunch of buyer-also-wants, too. (Tue, 06 May 2008 07:38:22 GMT)

How to Be a Good Sarasota Real Estate Investor
Do you want to be a good real estate investor? Do you know the main qualities that make a good real estate investor? Being a good real estate investor, you will be respected in your community for your profession. (Tue, 06 May 2008 09:02:56 GMT)

Hypo Real Estate Profit Falls on Writedowns, Lending (Update2)
May 6 (Bloomberg) -- Hypo Real Estate Holding AG , the worst performing stock on Germany's benchmark DAX Index this year, said first-quarter profit fell 38 percent on markdowns and lower lending income. (Tue, 06 May 2008 09:21:17 GMT)

Real estate company earns honors
SALEM — Coldwell Banker Mountain West Real Estate, at 615 Commercial St. NE in Salem, has been named the No. 1 office, and the Coldwell Banker Mountain West Real Estate company, with two Salem offices and one Silverton office, has been named the No. 1 company in closed adjusted gross commission income for Oregon for independently owned and operated affiliated companies in the Coldwell Banker ... (Tue, 06 May 2008 10:15:25 GMT)

Council OKs commission for real estate firm
Salem City Council on Monday cleared the way for First Commercial Real Estate Services to receive a $125,000 commission. (Tue, 06 May 2008 10:19:54 GMT)

Pennsylvania Real Estate Investment Trust Reports First Quarter 2008 Results
PHILADELPHIA----Pennsylvania Real Estate Investment Trust today reported results for the quarter ended March 31, 2008. (Tue, 06 May 2008 12:05:00 GMT)

Real-estate industries report 8.1% revenue increase in 2006
OTTAWA - Real-estate agents, brokers, appraisers and other real-estate industries reported total operating revenues of $10.6 billion for 2006, an 8.1 per cent increase from 2005. (Tue, 06 May 2008 13:28:17 GMT)

Pennsylvania Real Estate Investment Trust Reports First Quarter 2008 Results
Pennsylvania Real Estate Investment Trust (NYSE: PEI) today reported results for the quarter ended March 31, 2008. (Tue, 06 May 2008 14:13:14 GMT)

Hypo Real Estate Profit Falls on Writedowns, Lending (Update3)
May 6 (Bloomberg) -- Hypo Real Estate Holding AG , the worst performing stock on Germany's benchmark DAX Index this year, said first-quarter profit fell 38 percent on writedowns and lower lending income. (Tue, 06 May 2008 14:40:32 GMT)

Real Estate Blogs To Promote The Housing Market
Blog and real estate is very good business combination. Expanding your real estate business using the power and coverage of the Internet is one way to improve your venture. The number of real estate blogs is increasing these days, and will continue to soar as many individuals arrive at the idea. (Tue, 06 May 2008 16:41:55 GMT)

Homewood Redd-Up, real estate watch, and the Inbox
Homewood Redd-Up, real estate watch, and the more from the Inbox. (Tue, 06 May 2008 17:39:08 GMT)

Manatt Adds Noted Real Estate Attorney Tom Muller
Manatt, Phelps & Phillips, LLP, the national law and consulting firm, announced today that Tom Muller has joined the firm's Los Angeles office as a partner. Mr. Muller has substantial experience representing publicly-held and private companies and financial institutions in virtually all aspects of commercial real estate transactions. Mr. Muller was previously a partner at O'Melveny & Myers LLP. (Tue, 06 May 2008 19:13:17 GMT)

Real estate stocks register steep dip
Mumbai, May 6 Real estate stocks, which have been falling out of favour with investors for some time now, registered a steep dip on Tuesday. The BSE-Realty was the biggest loser among the sectoral indices, sliding 4.63 per cent on Tuesday against the BSE Sensex’s fall of 0.67 per cent. (Tue, 06 May 2008 19:24:01 GMT)

OFFICE ASSISTANT Local Real Estate Team
Looking for talented individuals to complete real estate property reports. Can work from home on your schedule or in our Rochester Hills office. Candidates should be organized, fast learning, must have computer or internet skills. No real estate exp. required but would be helpful. (Tue, 06 May 2008 20:06:08 GMT)

Nuveen Real Estate Income Fund Issues Second Round of At-Par Redemption Notices for Auction-Rate Securities
Nuveen Real Estate Income Fund (AMEX: JRS) today called for redemption at par outstanding shares of its auction-rate preferred shares (ARPS). The fund's Board of Trustees has approved the redemption, which is part of a refinancing expected to lower the relative costs of leverage for the fund over time while also providing liquidity at par for the holders of at least some of Nuveen Real Estate ... (Tue, 06 May 2008 20:43:03 GMT)

Real Estate Brokerage Launches Krunching.com, the First ´´Investor Home Search´´ Website
Level 2 Realty, a California real estate brokerage company, today announced the launch of Krunching (Tue, 06 May 2008 21:02:41 GMT)

Brookfield Real Estate Services Fund first quarter profit rises
Eric Shackleton, The Canadian Press May 6, 2008 - 6:55 p.m. TORONTO - Brookfield Real Estate Services Fund (TSX:BRE.UN) expects a softer housing market up ahead after racking up a 44 per cent increase in first quarter profit, despite a once-hot market that has been losing some of its steam. (Tue, 06 May 2008 23:13:28 GMT)

How Low Will Real Estate Go?
Though the national real estate market remains bleak--in some neighborhoods vacant homes outnumber those that are occupied and sellers are being forced to lower asking prices in a bid to lure bargain hunters--it's assumed that when housing dips to a point where buyers think it represents a bargain, they'll buy back in. (Wed, 07 May 2008 01:06:19 GMT)

Real estate agent finds plants in Madison Township home
As if the real-estate market weren’t already struggling, a local real-estate agent was the person who found 14 marijuana plants growing in a house he was supposed to sell, Madison Township Detective Dan Boerner said. (Wed, 07 May 2008 03:21:22 GMT)

Investing Tips on Sarasota Real Estate Market
The popular question out there is that if it is now the best time to buy a Sarasota home? The national news focuses on real estate daily and you see suggestions, marketing tips, buying a home in a down market, information is on overload, so do you buy a Sarasota home now? (Wed, 07 May 2008 04:01:57 GMT)

Florida Commercial Real Estate: The Fastest Way For A Return Of Investment
Florida is a well known place because of the bountiful tourist spots that the place offers and for that reason, the city's real estate market has been at its peak for the last couple of years and is continually growing strong paving way for the commercial real estate market of Florida to also boom. (Wed, 07 May 2008 07:31:04 GMT)

How To Turn Your Real Estate Blog Into A Big Success
Real estate blogging is now considered as an innovative way to expose your real estate venture into greener pastures. This method is now being incorporated by many real estate firms around the globe. (Wed, 07 May 2008 07:46:14 GMT)

"King of Real Estate" evicted
To watch video online please click here to download the latest version of the Flash plugin. The self proclaimed "King of Real Estate" was evicted from his multi-million dollar Washington D.C. home on Monday. (Wed, 07 May 2008 07:52:54 GMT)

Hanoi real estate market remains hot while others cold
VietNamNet Bridge – The Hanoi real estate market remained very hot in the first quarter of 2008 despite economic uncertainties and tightened monetary policy, according to CB Richard Ellis Group (CBRE). (Wed, 07 May 2008 09:39:33 GMT)

Real estate group nets tax break designed for farmers
SUN PRAIRIE -- Talk about a cash crop. Well-connected real estate developers who just sold land for a new Target store here also scored nearly $100,000 in breaks on their 2007 property taxes -- in part because of a few rows of winter wheat. Prairie Development Ltd. claimed it qualified for a lower tax rate under a state law designed to help farmers because a portion of its holdings were planted ... (Wed, 07 May 2008 10:44:45 GMT)

Indian real estate firm plans new five-star chain
Leading Indian real estate firm Sobha group is planning a new chain of five star hotels across India, Middle East and Africa under the brand name Sobha Hotels. (Wed, 07 May 2008 11:40:15 GMT)

Pure Real Estate forms a joint venture with TAKtical Realty Group
Pure Real Estate and TAKtical Realty Group announced today the establishment of ‘TAKtical Realty Abu Dhabi’ (TRA), the new company under the joint venture. (Wed, 07 May 2008 11:45:18 GMT)

Cantor Fitzgerald Launches Real Estate Group
NEW YORK----Cantor Fitzgerald, L.P. today announced the creation of Cantor Real Estate, LLC and appointed Andrew N. Stark as Executive Managing Director to lead Cantor's entry into the real estate investment and development market. (Wed, 07 May 2008 12:00:00 GMT)

Hypo Real Estate entities' ratings unaffected by Q1 results - S&P
BANGALORE (Thomson Financial) - Standard & Poor's Ratings Services said its ratings on all seven rated entities of German commercial property lender Hypo Real Estate Holdings AG are unaffected by the release of first-quarter earnings, which show a break-even performance after 175 million euros collateralised debt obligation (CDO)-related impairment losses. (Wed, 07 May 2008 12:29:33 GMT)

A new reality for real estate agents
When Cindy Brockwell, 58, and Bill Dailey, 62, sold their townhouse in Reston, Va. in early April, the only real estate agent involved was the one who brought them their buyers. (Wed, 07 May 2008 13:02:04 GMT)

Forestar Real Estate Group Inc. Reports First Quarter 2008 Results
Forestar Real Estate Group Inc. (NYSE: FOR) today reported a first quarter 2008 net loss of ($0.2) million, or ($0.01) per basic share, compared with first quarter 2007 net income of $0.6 million, or $0.02 per diluted share outstanding. (Wed, 07 May 2008 13:42:32 GMT)

RELM: Binding LOI to Acquire Relm Real Estate Holdings Inc.
Relm Holdings Inc. (RELM) has entered into a binding letter of intent to purchase 100% of Relm Real Estate Holdings Inc. ("RRE Holdings") in a share exchange for 150,000,000 shares of convertible preferred stock of the Company. (Wed, 07 May 2008 15:36:08 GMT)

BizTimes Real Estate Weekly: One downtown hotel project won't happen
The plans to develop a 160-room Holiday Inn hotel in the Posner building at 152 W. Wisconsin Ave. in downtown Milwaukee are dead. Read more in the new edition of the BizTimes Real Estate Weekly bulletin. (Wed, 07 May 2008 16:55:06 GMT)

Cuomo cracks down on NY real estate fraud
The AG is devoting more staff and funding to the Real Estate Finance Bureau, which was neglected under former AG Eliot Spitzer. (Wed, 07 May 2008 18:03:11 GMT)

Beware: Real estate fraud is real
A friend of a friend has a fantastic real estate “investment” opportunity for you: No need to put up any money, simply hold properties for a short time before they are flipped -- and you and your new “friend” split the profits. (Wed, 07 May 2008 19:13:55 GMT)

REAL ESTATE
Residential real estate In this section you can find different offers on residential real estate from the leading real estate agencies: Apartments for all tastes: standard to luxurious, short or long terms. (Wed, 07 May 2008 20:20:47 GMT)

REAL ESTATE CATALOGUE
In the nearest issue you will find the latest data on commercial, residential and trade premises in St. Petersburg. Fresh information about state of real estate market, tips from the leading consulting companies and much more! (Wed, 07 May 2008 20:22:57 GMT)

Thomson Reuters Sees Real Estate as 10% of Savings (Update1)
May 7 (Bloomberg) -- Thomson Reuters Corp. , formed by the $15.9 billion acquisition of Reuters Group Plc, expects real estate to account for as much as 10 percent of its projected cost savings from the companies' integration. (Wed, 07 May 2008 20:33:15 GMT)

Romanian real estate market - a “natural” evolution
The Romanian real estate market is still an emerging one, but we should not expect prices to rise as spectacularly as they did during the latest few years, Jeni Dragomir, President of the “Perfect Casa” Real Estate Company said in a press release. (Wed, 07 May 2008 21:13:13 GMT)

Presidential Secretaries Under Fire for Suspicious Real Estate Deals
Despite the public disclosure of personal assets of 34 presidential secretaries on Wednesday, controversy is building over alleged improper real-estate speculation. (Wed, 07 May 2008 23:45:12 GMT)

Real estate group to launch $1b projects
DUBAI — Kensington, a Dubai based real estate group with a presence in the UK, India and Africa, is set to make its mark in the UAE real estate market with a signature commercial property strategically located in Dubai Maritime City. (Thu, 08 May 2008 04:03:17 GMT)

Former sports stars face arrest over real-estate suit
An Essex County judge has ordered the arrests of former New York Giant Bart Oates and former New Jersey Devil Ken Daneyko for their repeated failure to show up for depositions in a real-estate lawsuit, an attorney said yesterday. (Thu, 08 May 2008 04:51:43 GMT)

Central China Real Estate To Pre-Market US$400 Million Hong Kong IPO-Source
HONG KONG -(Dow Jones)- Chinese developer Central China Real Estate Group may start pre-marketing a US$400 million initial public offering as soon as next week, a person familiar with the situation said Thursday. (Thu, 08 May 2008 06:07:58 GMT)

SAN RAMON / Slaying of real estate investor tied to alleged bank fraud plot
Authorities say the brazen slaying of a San Ramon real estate investor was rooted in an ill-conceived mortgage scam that employed an 18-year-old as a would-be buyer for a home on a bleak dead-end street in North Richmond. Kashmir Billon was killed April 27... (Thu, 08 May 2008 06:10:43 GMT)

Wachovia exec in real estate Americas leaving
Wachovia Corp.'s co-head of real estate Americas is leaving within the next week, a spokeswoman confirmed Wednesday.In his 13 years at the Charlotte bank, Robert Verrone had been known for expanding Wachovia's presence in the market for large loans and commercial mortgage-backed securities, or CMBS. He has been based in New York as part of the bank's corporate and investment banking unit. ... (Thu, 08 May 2008 07:09:47 GMT)

Abaad Real Estate to develop Binan Saar villas
Abaad, a Bahraini real estate investment firm, unveiled its first development project “Binan Saar” the 57 residential units in Saar, one of the most luxurious areas in the Kingdom of Bahrain, with a total cost of $45m. (Thu, 08 May 2008 08:00:56 GMT)

Shamil Bank launches Central and Eastern European Real Estate Fund
Shamil Bank, a leading Bahrain-based Islamic commercial and investment bank, announced a GCC Road Show to promote a new €150m Sharia compliant fund, which takes an equal exposure on developmental and income generating real estate assets in Central and Eastern Europe. (Thu, 08 May 2008 10:00:16 GMT)

The Upsides Of Florida Real Estate
With the bounty of tourist attractions, the beaches and everything else that Florida has to offer, it is indeed a great place to invest in real estate. (Thu, 08 May 2008 11:01:26 GMT)

Mayor's oil and gas, real estate dealings are not conflicts, city attorney says
By MIKE LEE FORT WORTH -- Mayor Mike Moncrief earned at least $633,000 from the oil and gas business last year and had an interest in several real estate projects, according to his annual financial disclosure. The filing comes as the City Council is preparing to vote on rules for natural gas drilling and fees that affect real estate development. The city attorney said Moncrief doesn't have a ... (Thu, 08 May 2008 12:01:44 GMT)

Rochester named fastest growing real estate market
Even though the real estate industry has been struggling, Rochester has been named the second fastest growing real estate market by Money magazine. Overall, Rochester real estate... (Thu, 08 May 2008 14:20:00 GMT)

Real estate agents on the cheap
When Cindy Brockwell, 58, and Bill Dailey, 62, sold their townhouse in Reston, Va. in early April, the only real estate agent involved was the one who brought them their buyers. (Thu, 08 May 2008 14:46:00 GMT)

PERE Magazine Unveils 30 Largest Private Equity Real Estate Firms
The Blackstone Group and Morgan Stanley Real Estate are the two largest private equity real estate firms in the world, according to the PERE 30, a new ranking of private equity real estate firms produced by PERE magazine. (Thu, 08 May 2008 14:52:00 GMT)

Real estate recovery expected by 2010
The worst of the area's residential real estate downturn is behind the Baltimore region, but data show a real turnaround could be two years away, a top analyst told real estate agents Wednesday. (Thu, 08 May 2008 15:04:14 GMT)

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