Archive for December, 2007

Real estate experts take out their crystal balls (Newsday)

We spent the past few weeks soliciting predictions for the new year from readers throughout the real estate and development communities. Without further ado, here’s a sampling of what they said:
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L.A. Real Estate Co. Adds New Wireless Service to Its Resorts (Multi-Housing News)

Los Angeles–Destination Hotels & Resorts–which is owned by Los Angeles-based real estate investment, management and development firm Lowe Enterprises, Inc.–has added new wireless connection service to three more of its locations.
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Real estate in the Web era (Tacoma News Tribune)

Like so many industries, technology has brought big changes to the selling and buying of real estate. Some agents – and their sales counterparts in other corners of the business world – have taken to it better than others, says real estate agent consultant and coach Michael Russer.
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Forestar Real Estate Group Spin-Off Completed (wallstreet:online AG)

Forestar Real Estate Group Inc. (NYSE:FOR) today announced the completion of its spin-off as an independent
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Temple-Inland Announces the Completion of the Spin-Offs of Guaranty Financial Group Inc. and Forestar Real Estate … (Centre Daily Times)

Temple-Inland Inc. (NYSE:TIN) today announced that the previously announced spin-offs of Guaranty Financial Group Inc. and Forestar Real Estate Group Inc. were completed as of the close of business on December 28, 2007 through tax-free distributions of Guaranty and Forestar common stock to Temple-Inland stockholders of record as of the close of business on December […]

Kuwait: Real estate sales continued to increase during November 2007 (Mena Report)

In its latest economic brief on the monthly statistics of registered real estate contracts issued by the Ministry of Justice, excluding sales conducted through agents, National Bank of Kuwait reports that real estate sales increased for the third month in a row during November.
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Top real estate deals of ‘07 (BizJournals)

While 2007 lacked many blockbuster real estate deals, the Dayton area still saw some big dollars spent on commercial property. As in years past, many of the top deals this year came from the hands of out-of-state investors who continued to shell out big dollars for local land and buildings.
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Bright side: Real estate markets holding steady (BizJournals)

As they move into 2008, Houston builders and developers in both the commercial and residential real estate markets — backed up by the area’s top economists — are counting their blessings.
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Commercial real estate market starts to cool down (BizJournals)

It was a year of transition for commercial real estate. After years of booming growth, the markets showed some signs of cooling down. Both the pace and appreciation of investment sales slowed, and the amount of space leased across the region also was relatively flat. The late summer credit crunch alarmed the market, but didn’t […]

Local realtors prepare to honor 57-year real estate veteran (Bristol Herald Courier)

BRISTOL, Tenn. – “You don’t go into real estate, you grow into it,” says Sam Wilkerson, a man who, after 57 years in the business, still hasn’t grown out of it.
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