Reforms aimed at benefiting borrowers irritate brokers Jun 23, 2009
By ALAN ZIBEL/AP Real Estate Writer. WASHINGTON If President Barack Obama gets his way, consumers who take out mortgages would automatically get a plain vanilla loan such as a traditional 30-year fixed-rate mortgage unless they opted for a riskier variety. (Columbia Daily Herald, TN)
One of city's oldest 'clubs' gets a new lease on life Jun 22, 2009
As real estate anomalies go, this may be the only one with an Olympic-sized shuffleboard table, $2 beers, and a sergeant-at-arms called the Mad Chihuahua. The guys in the basement are members of the Electric Club, a social tribe since 1891. (Pittsburgh Post-Gazette, PA)
Translation Please: The Black And White Of White Spaces Jun 20, 2009
People call this real estate white spaces. But, like any other effort involving multiple industry sectors, this is white like that T-shirt youve washed 275 times since 1986. (Multichannel News)
Jobless Rate In Western US Tops 10 Percent Jun 20, 2009
What's more, hard-to-get credit has cooled once-hot real estate markets in the Portland area and in central Oregon, where the sunny desert climate has long attracted retirees from rainier parts of the Northwest and people cashing out of pricey California homes. In Arizona, which along with Florida suffered the largest percentage drop in jobs last month, the losses were spread across many industries, including health care and government, said Marshall Vest, director of the University of Arizona's... (KERO 23, CA)
Ad slump hits broadcasters Jun 20, 2009
By month's end, Capitol Broadcasting, a statewide media and real estate empire, will likely be smaller. The company, which operates WRAL-TV and WRAL-FM in the Triangle, offered buyouts to an undisclosed number of employees and required them to respond by last week. (News & Observer)
Meet the panelists Jun 18, 2009
She has also made frequent appearances on CBS's "The Early Show" and NBC's "Today Show" and can be heard every other week on the "Weekly Wrap" show on American Public Media's "Marketplace." Prior to joining Fortune in 2007, Gallagher was a senior editor at Smart Money, where she oversaw and edited coverage of the magazine's consumer-related topics, including travel, real estate, education, healthcare, and personal finance and also appeared regularly on a variety of television networks. Prior to... (CNN -- US)
Chatham to hold budget hearings Thursday Jun 18, 2009
Under the proposal, the town's real estate tax rate will increase 3 cents, from 22 cents to 25 cents per 100 of assessed value, and personal property will go up 5 cents, from 4. 50 to 4. (Chatham Star Tribune, VA)
Public invited to 'Shop Local Expo' on Friday, Saturday at A.J. Skateworld Jun 16, 2009
3 Big Country, Evergreen Basement Systems, Ab-Salute Tax, Times-Virginian, Kroger, CutCo Cutlery, Wooldridge Heating MidAtlantic Basements, Home Recovery Aid, Window Men, United Country Real Estate, SunTrust, CVCC, Remodel USA/Owens Corning, Village Garden house, Cornerstone Christian Academy, One Stop Gutter Shop, Rehab Associates of Central Virginia, Radio Shack/Verizon, Ramano Builders, Log Homes by Jack, J.E. Jamerson, Stallworks and Appomattox Chiropractic. Outside booths will be set up by... (Appomattox Times Virginian, VA)
Hurt sets budget adoption Jun 16, 2009
The rates will stay at 14 cents for real estate and 2 ... The qualifying senior citizen real estate rate is 12 cents ... Town residents also pay taxes to Pittsylvania County, which upped its real estate, personal property and utility taxes and vehicle fee. (Altivista Journal, VA)
Periodic Discussions Jun 16, 2009
How to interpret those blips has become a matter for endless committee meetings and debates over whether it's OK to add a new square to the most precious real estate in science. It wasn't always that way. (Slate)
Recommended summer reads Jun 16, 2009
Cal Tabucchi, 66, taught junior high school in Los Gatos for 28 years and sold real estate for the next 10 years. Armies of new Avon ladies, Mary Kay reps and Tupperware sellers are advancing on living rooms across. (San Francisco Chronicle -- Entertainment)
'I Like the People of Washington' Jun 6, 2009
" Things are just as uncertain at the newspaper, where ad revenue is down considerably, said Goetz. The Zeitung is a six-day-a-week newspaper with a circulation of about 9,000. "In Germany, many people have less money than they used to and they are afraid of losing their jobs, but many people are still consuming - I'm not sure why," she commented. She speculated that perhaps Germany hasn't felt the worst of the recession yet, noting her country tends to be about six months behind the States on... (Missourian Publishing, MO)
Former Indians owner Richard Jacobs dies at 84 Jun 6, 2009
CLEVELAND -- Richard E. Jacobs, the former Cleveland Indians owner and commercial real estate developer, has died ... Jacobs' real estate company confirmed the death on Friday, saying he had been in ill health. (News & Observer -- Sports)
CB to lease space in the Hub Jun 5, 2009
The Brutal Truth wrote on Jun 4, 2009 9:36 AM:Amen about the real estate market, Mr E ... Real estate prices do rise over time. (Coos Bay-North Bend The World, OR)
James W. Wagner Jun 5, 2009
For several years, he sold real estate for Parade of Homes. Mr. Wagner was a U.S. Army veteran, an NRA member and a member of the American Legion Zack Wheat Post 624 in Sunrise Beach. (Missourian Publishing, MO)
Scientists uncover culprit in Huntington's disease Jun 5, 2009
Unable to submit Real Estate, Services, and Business Investements at this time. Map the Valley. (Hanford Sentinal, CA)
Ellensburg's old hospital 'endangered' Jun 5, 2009
Rebecca Lee-Standish, a real estate agent representing Magnotti, said the time to resolve the zoning issue is now. The city s interpretation ties one down to a small segment of possible uses, Lee-Standish said. (Ellensburg Daily Record, WA)
Worst Cities for Credit Card Debt Jun 3, 2009
The metropolis has fully felt the effects of the real estate crash, including a 12% decrease in hotel occupancy for the first quarter of 2009, an increase in unemployment to 8. 5% in March 2009 and a 9% year-over-year increase in foreclosures for April 2009. (ABC News -- Business)
Raleigh, Empire part ways on hotel Jun 3, 2009
Empire again missed city-imposed deadlines in April that had required the company to close on the real estate and get building permit approval for the project. At Tuesday's meeting, Allen again recommended that the council terminate the contract with Empire. (News & Observer)
Wimmer's trolleys put City on display Fredericksburg loses the man who put trolleys on its streets Jun 3, 2009
Up through the early 1990s, Wimmer worked in real estate. Nancy Wimmer said around 1993 Butch was sidelined by a back injury and couldn't work for several months. (Fredericksburg.com, VA)
GM — Staying or leaving? Jun 2, 2009
whatadrag wrote on Jun 1, 2009 6:35 PM:" Things are going to change around Columbia/Spring Hill and beyond. One by one, businesses will close. Real estate will mean nothing. It is very unfortunate that this is happening. It will affect EVERY one of us. If you think for even a minute it won't, you are sadly mistaken. It will in ways we don't even know yet. It will continue on down the road. Sad day! ". Tad2 wrote on Jun 2, 2009 1:11 AM:" One thing is for sure...If GM closes down the Spring Hill... (Columbia Daily Herald, TN)
Budget woes debated by Peters council Jun 2, 2009
Peters officials last night spent two hours rehashing the 2009 budget to make up for an estimated $715,000 shortfall in real estate transfer taxes and other fees associated with development ... Council members discussed likely real estate tax increases in the coming years and came up with about $900,000 in savings and deferred projects that should offset the lost revenue for now. (Pittsburgh Post-Gazette, PA)
Kukuiula cuts jobs, delays openings (416) Jun 2, 2009
This recap of the project really assures the long-term viability and success of the project but unfortunately does not change the environment of the soft real estate market which we feel will continue for another 12 months, he said. Subdivision improvements have already been completed for 123 lots, while completion of the 18-hole golf course and clubhouse, resident club, restaurant and spa is slated for late 2010. (Lihue Garden Island, HA)
Ex-lawyer facing embezzlement charges A former local attorney was indicted on criminal charges yesterday in Stafford Circuit Court. Jun 2, 2009
Jones provided a variety of legal services, including criminal defense, real estate and family law. Jones was initially suspended June 27 of last year, court records show. (Fredericksburg.com, VA)
$8M Pflueger home for sale (72) May 31, 2009
This is a normal real estate thing for me, she said. Basically from my perspective, it s just a house for sale, that s all there is. (Lihue Garden Island, HA)
GM bankruptcy imminent May 31, 2009
no1uno wrote on May 30, 2009 11:29 PM:" Has anyone noticed how many local people , born and raised in middle Tennessee that work at the Spring Hill Mfg. site? Yes there are many "transplants" that work there and they are not all from up there. They are from Texas,Missouri,Kentucky,Alabama,Louisiana,Georgia,Florida,Oklahoma,California,Ohio just to name a few. Another puzzling question for the people that that have "ill feelings" towards Saturn people is that GM hired all of these transplants in... (Columbia Daily Herald, TN)
Morris Publishing buys more time May 30, 2009
Stay up to date on the latest news from within the commercial real estate industry. News, analysis and ideas that defy the odds and the times. (Wichita Business Journal, KS)
Letters for Friday, May 29, 2009 May 30, 2009
Mr. Rosen is absolutely right, groceries are up, golf, the bus and just about everything else we buy (except real estate) are trending up. So why not just ask our president to pass a law demanding that everyone keep their prices exactly where they are because of this recession we re in. (Lihue Garden Island, HA)
Writer list for WOW is notable May 29, 2009
Jeffery has been both a real estate professional and a retailer for most of her adult life, also a profession that begs for a sense of humor. Laurence Parent (photographer) Was raised in several Southwestern states, primarily New Mexico. (Alpine Avalanche, TX)
CIBC Announces Second Quarter 2009 Results May 28, 2009
The new reported businesses are as follows: CIBC Retail Markets: - Personal banking - includes personal deposits and lending, cards, residential mortgages, and insurance - Business banking - includes business deposits and lending, commercial mortgages, and commercial banking - Wealth management - includes retail brokerage and asset management - FirstCaribbean - Other Wholesale Banking: - Capital markets - includes cash equities, global derivatives and strategic risk, and fixed income, currencies... (Canada Newswire)
In Somalia, African Union takes the offensive in information war May 28, 2009
Residents flee renewed fighting in southern Mogadishu Monday, as Somali President Sheikh Sharif Ahmed urged the international community to help his forces fend off hardline Islamist rebels. The U.N.'s refugee agency said 57,000 people have fled the nation's capital since the upsurge in bloodshed this month. (Christian Science Monitor)
Ben Franklin OKs new investments May 27, 2009
Philadelphia Real Estate ... Stay up to date on the latest news from within the commercial real estate industry. (Philadelphia Business Journal, PA)
Council approves 70.5-cent real estate tax rate Fredericksburg City Council votes on tax rate, budget May 27, 2009
5-cent real estate tax rate ... 5-cent real estate tax rate ... 5-cent real estate tax next year. (Fredericksburg.com, VA)
Peters approves scaled-down townhouses May 27, 2009
The story has been the same for other developers in the area and revenues associated with real estate purchases and development have nosedived as much as 30 percent since January. Council will hold a special budget workshop Monday to discuss ways to cut expenses. (Pittsburgh Post-Gazette, PA)
Have a Long Leaf award? May 26, 2009
A few years after receiving the award in 1991, Raleigh real estate executive Phillip Fisher became curious about other recipients. He was stunned to learn that no one from the governor's office or the state archives had ever put together a comprehensive list. (News & Observer)
Northwest Georgia counties poised to accept federal funds May 26, 2009
The RDC has received proposals from 23 real estate agents and nine appraisers to be part of a pool tapped when properties are targeted. Bibb said agents are still needed in Gordon, Polk, Catoosa, Walker, Bartow, Dade and Haralson counties. (WWalker County Messenger, GA)
Locally owned real estate business thrives despite sluggish economy May 25, 2009
His company has reportedly had an upswing in business since opening in 2003 and is the top selling real estate company on the island ... Published: Sunday, May 24, 2009 2:09 AM HST KILAUEA Even though all real estate odds are stacked up against him, Neal Norman of Koa Properties Land & Homes in Kilauea, proves that hard work, passion and strong relationships are all a part of what it takes for a business to prevail in a sour market ... Norman bought and remodeled his first home when he was only... (Lihue Garden Island, HA)
BYU-I confirms new housing rules May 23, 2009
Last week, the Standard Journal reported on a group of local real estate agents who were concerned about the financial impact of this proposal on real estate agents and owners of single-student housing. BYU-Idaho informed the paper the proposal was still in review and no action had been finalized. (Rexburg Standard Journal, ID)
Eight arrested in North Stafford Stafford County authorities are still sorting through a wild scene in North Stafford late Wednesday in which shots were fired and numerous people were fighting. May 23, 2009
Taxes on real estate are getting unreal in Stafford. I am pretty sure (posted by , May 22, 2009 7:45 pm) bsp; Almost positive that its illegal to possess a weapon/hand gun in the Garrison Woods neighborhood. (Fredericksburg.com, VA)
Russian history 2.0: Kremlin wants to 'correct' the record. May 22, 2009
0: Kremlin wants to 'correct' the record. A woman holds a portrait of former Soviet leader Joseph Stalin during a demonstration in central Moscow on Victory Day, commemorating the end of World War II, on May 9. (Christian Science Monitor -- World)
Easley's loner style comes back to haunt him May 22, 2009
Did the Easleys use their position to get free cars, insider real estate deals, and cushy jobs. Were there built-in conflicts because Mary Easley was the first governor's wife with a professional career in a small state capital dominated by government and a university. (News & Observer)
Life in a losing market May 21, 2009
The rise and fall of Kenion Grove follows the boom and bust of our nation's real estate market ... "The conditions in the marketplace that have existed in other parts of the country for months and months are beginning to happen here," said Bernard Helm, president of Market Opportunity Research Enterprises, a Rocky Mount company that tracks Triangle real estate trends. (News & Observer)
Dead swindlers creditor in jail on theft charges May 20, 2009
Exchange Accommodators Inc. is not in the current Hawaiian Telcom Yellow Pages, but is listed online with a Princeville post office box, offering real estate exchanges and general real estate services. The Web site listed, , was not operational Tuesday. (Lihue Garden Island, HA)
NCSU leaders to testify on Easley May 20, 2009
Campbell, 38, a Raleigh real estate broker, is a longtime Easley friend and supporter whom the former governor twice appointed to the N.C. State Board of Trustees. Campbell, who was chairman of the board the past two academic years, resigned his trustee position late last week. (News & Observer)
They're ready to move; now, will their house sell? May 19, 2009
The Cary couple married and bought their first home a couple of summers ago, when the real estate market was busy with buyers and soaring prices ... "In a good, efficient real estate market, you need to have buyers and sellers who are flexible on prices going up or down. And now we're seeing the downward flexibility in price, and that's what the market needs to have.". (News & Observer)
Tentative budget passed by Peters schools May 19, 2009
The school board also is closely watching the Peters council, which recently ordered a reopening of its annual budget after reporting a 30 percent drop in real estate transfer taxes. Those taxes, paid when a property changes hands, are shared between the township, which gets 1 percent of the tax, and the school district, which gets one-half percent. (Pittsburgh Post-Gazette, PA)
McCandless gives OK to 81-acre development May 19, 2009
Mr. Dougherty, who began his real estate career in Pittsburgh in 1982, said last night's unanimous vote was the culmination of a dream more than 15 years. "We are excited," Mr. Dougherty said after the meeting. (Pittsburgh Post-Gazette, PA)
News & Notes for Sunday, May 17, 2009 May 18, 2009
Hamilton, who came to Hawai i to retire, started a second career in real estate and now has almost 30 years of experience. An agent with Sleeping Giant Sotheby s International since 1990, she has more listings and properties in escrow than many agents half her age. (Lihue Garden Island, HA)
GINGRICH: Pelosi 'Lied,' 'Despicable,' 'Dishonest,' 'Vicious,' 'Trivial'... May 16, 2009
She's a real estate agent in way over her head. There are probably elements of the left that wouldn't care if Pelosi got thrown under the bus on this one (or "hypo-vehiculated"), as long as they can get some Bushies, too. (The Drudge Report)
Tucson Citizen to cease print publication May 16, 2009
by Arthur H. Rostein - May. 15, 2009 01:45 PM Associated Press. (AZCentral -- Business)
Upcoming fair to focus on housing opportunities May 15, 2009
Property management without a licensed real estate agent. For more information, call the Housing Agency at 241-4444. (Lihue Garden Island, HA)
How to apply to be an NHL owner May 15, 2009
Several questions involve business deals, including providing information about all real estate transactions. Related Articles. (Globe and Mail)
Citizens speak during budget hearing; school board chair asks for money to be reinstated May 14, 2009
3 million budget that would coincide with a real estate tax increase of up to 10 cents per 100 of assessed value. The supervisors are hoping to reduce the 10-cent proposed rate when they meet again this Monday, May 18. (Appomattox Times Virginian, VA)
Milky Way Farms foreclosed by bank May 14, 2009
PULASKI Most of the Milky Way Farms real estate development is to be sold at a foreclosure auction. First National Bank of Pulaski is foreclosing on the property because the owner, Milky Way Farms LLC, defaulted on promissory notes of more than 5 million, according to a public notice regarding the sale. (Columbia Daily Herald, TN)
Michael Ignatieff: Arrogant Bastard May 14, 2009
The Three Faces of Steve from Canada writes: Patriotism is often an arbitrary veneration of real estate above principles. George Jean Nathan. (Globe and Mail -- Business)
Is lower county real estate recovering? May 14, 2009
News Wednesday, May 13, 2009 11:22 AM PDT Is lower county real estate recovering. Some say it's on the mend By MIKE JOHNSTONsenior writer Lower Kittitas County Watchers of the Lower Kittitas County real estate market see the same sales figures and disagree only in timing for some the recovery has already begun, but others say it s down the road a bit ... We ve seen the housing market collapse, but we re seeing that it s on the mend in Lower County, said Rory Savage, owner of Windermere Real... (Ellensburg Daily Record, WA)
Obama Administration To Expand Housing Help May 14, 2009
ALAN ZIBEL, AP Real Estate Writer ... Short sales are often seen as preferable to foreclosure because they don't harm a borrowers' credit record as much as a foreclosure, but real estate agents have complained that the process can drag out for months. (TheSanDiegoChannel.com, CA)
Mortgage modification vote May 14, 2009
The average Georgian, whose expertise in mortgages and real estate doesn t begin to compare to that of the bankers, made a mistake when he entered it to his mortgage contract. For his mistake, the average Georgian gets thrown out on the street with his belongings. (Catoosa County News, GA)
People on the Move for Sunday, May 10, 2009 May 11, 2009
Jonah brings to the office two decades of experience in real estate and was formerly with Intero Real Estate Services on the Big Island ... Born and raised in Northern California, Jonah began her real estate career in 1984 ... She then grew to become Owner-Broker of her own successful Real Estate Investment and Mortgage Company in Northern California. (Lihue Garden Island, HA)
East Side Story May 9, 2009
raj wrote on May 8, 2009 5:31 PM:" hi i am a real estate investor who has invested more to half a million dollar in east end, CARVER HOSUE, bridge st,martin drive and glade. i came in this area with a vision and that vision to improve and also make great living is getting a black eye due to all this crime and drugs and PEOPLE JUST NOT TAKING CARE OF THERE BUSINESS BLAMEING ECONOMY,POLICE AND THE GOVT THEY NEED TO STAND UP AND TAKE CARE OF THERE HOMES AND NEIGHBOURHOODS RATHER THAN GOSSSIPING AND... (Columbia Daily Herald, TN)
City Council to seek appraisal on former VFW property May 8, 2009
Max Lutke, a commercial real estate broker, performed the analysis and said that in his professional opinion, the property is worth a maximum of 2 a square foot ... In the information provided to the council for their Aug. 18, 2008 meeting, it was stated that Lutke cautioned that real estate demand for commercial sites in west Bartlesville had not been very active and that the site could sit on the market some time before moving. (Bartlesville Examiner-Enterprise, OK)
Geithner pulls it out of the fire May 8, 2009
Doomsayers warned that wave after wave of foreclosures commercial real estate, credit cards, who knows what else would soon be upon us, the Obama administration's half-measures would be swept away, the banking sector would need hundreds of billions of dollars more to preserve liquidity, but Congress would balk, leading to a rash of bank failures, taking the recession into depression. Hasn't happened. (Globe and Mail)
Local police maintain status quo May 8, 2009
advertisement The county s real estate was near its peak, and no one here seemed to envision anything but continued economic success in the foreseeable future. That s also the same time that local law enforcement officials reaped the rewards of having spent months educating the public on Proposition 2, a three-tenths of 1 percent sales tax increase to fund police agencies in the county. (Ellensburg Daily Record, WA)
Atex a Partner in PPF Media's Prague Futuroom May 7, 2009
An international financial and investment group operating in consumer finance, retail banking, private equity and real estate, PPF Group seeks opportunities in developing markets of Central and Eastern Europe and Asia. E&P Staff (). (MediaWeek.com)
Wal-Mart secures building permit, could start construction within 'weeks' May 7, 2009
In November, Wal-Mart Real Estate Business Trust agreed to pay 2. 2 million for the tract, which was owned by Appomattox-based Courtland Realty Associates. (Appomattox Times Virginian, VA)
