Hawaii Real Estate News for 09/16/2008



August Foreclosures Hit Another Record High
Foreclosures hit another record high in August: 304000 homes were in default and 91000 families lost their houses. More than 770000 homes have been repossessed by lenders since August 2007, when the credit crunch took hold. ...

Is the housing slump turning the corner?
I'm excited about some events happening this month:. - 30-year mortgage rates have declined to around 5.75% after the Fannie May / Freddie Mac takeover. - Oil prices are down to $91 today (9/16/08) after reaching a high of $147 in July. ...

Polk OKs loan for Des Moines real estate expansion (The Des Moines Register)
A downtown Des Moines real estate firm will get a $380,000 no-interest loan from county taxpayers to help convert a vacant auto dealership into its corporate headquarters...

Mombasa Road next big thing in real estate - Business Daily Africa

Mombasa Road next big thing in real estate
Business Daily Africa, Kenya - 4 hours ago
All these realities have set up the Mombasa Road neighbourhoods as the next big thing in real estate. As a result, land values are rising rapidly, .
..

ING Clarion Real Estate Income Fund 'IIA' Declares Monthly Distribution for September (Business Wire via Yahoo! Finance)
PHILADELPHIA----The Board of Directors of the ING Clarion Real Estate Income Fund , which trades on the New York Stock Exchange under the symbol IIA, today declared a monthly distribution of $0.115 per share for the month of September 2008...

Polk OKs loan for Des Moines real estate expansion - DesMoinesRegister.com

Polk OKs loan for Des Moines real estate expansion
DesMoinesRegister.com, IA - 2 hours ago
A downtown Des Moines real estate firm will get a $380000 no-interest loan from Polk County taxpayers to help convert a vacant auto dealership into its .
..

Kauai Home Sales, Maui Condo Prices Only Hot Spots In August
With one exception, each of the Neighbor Islands saw large declines in home sales in August as the market continued to cool. The exception was Kauai, where single-family home sales actually rose last month. And, although the difference ...

GE real estate unit vows to endure (Norwalk Advocate)
GE Real Estate wants commercial developers' borrowers to know it still will be there for them, despite the mortgage and credit crises...

SC reinstates raps filed vs real estate developer, associate (Manila Bulletin)
The Supreme Court (SC) has paved the way for the criminal prosecution of real estate developer Luke Roxas and his business associate Evelyn Nolasco for five counts of estafa and violations of the Revised Securities Act for their alleged failure to return about P30 million borrowed from two investors in 1997...

Shopoff Properties Trust - Biloxi Sun Herald

Shopoff Properties Trust
Biloxi Sun Herald,  USA - 9 hours ago
16 -- Shopoff Properties Trust announced today that it has closed escrow on its public offering of a real estate investment trust (REIT). .
RioCan Real Estate Investment Trust Announces September 2008 . Trading Markets (press release)
all 11 news articles
..

Hawaii Mortgage Interest Rates/Market Update 9/15
Aloha Everyone,. Rates rise dip again! Foreclosures increased last month. Lots going on today with another lender closing and oil prices dropping below $100 a barrel. News and updated rates below. Market Highlights ...

Polk approves loan for real estate expansion (The Altoona Herald-Mitchellville Index)
A downtown Des Moines real estate firm will get a $380,000 no-interest loan from Polk County taxpayers to help convert a vacant auto dealership into its corporate headquarters...

Freddie/Fannie Rescue Q&A
The Freddie/Fannie Rescue and Mortgages Q& A. On September 7, the US Treasury took control of failing mortgage companies Freddie Mac and Fannie Mae. In addition to taking over the operation of the two companies, the Government has ...

Hawaii Foreclosures Up In August; Big Spike On Kauai
Foreclosure filings in Hawaii soared more than 130 percent in August when compared to the same month in 2007, led by a sharp increase in filings on Kauai.Still, the actual number of filings remains relatively low. ...

FirstService Expands Real Estate Services Division Into New York - MarketWatch

Earthtimes (press release)

FirstService Expands Real Estate Services Division Into New York
MarketWatch - 10 hours ago
U: news, chart, profile) today announced that it has entered into a definitive agreement to expand its global real estate services platform by acquiring a .
GE Real Estate Launches Ads Showing It Remains Active in "Tough Times" CNNMoney.com
GE real estate unit vows to endure Stamford Advocate
Cash Infusion Elevates GVA Williams GlobeSt. com
all 17 news articles
..

Pastor and wife charged in real estate investment scam (Stuart News)
A local pastor and his wife have been charged with scamming consumers in a real estate investment scheme, according to the Florida Department of Financial Services...

Contest Offers Chance to Recession-Proof Your Real Estate Career - RisMedia.com (press release)

Contest Offers Chance to Recession-Proof Your Real Estate Career
RisMedia.com (press release), CT - 1 hour ago
Lackluster home sales, combined with concerns about the declining economy, have real estate investors and buyers shying away from what would have once been .
50 Days of Leaders - Getting Up Close and Personal RisMedia.com (press release)
all 2 news articles
..

A Moments Notice
To show the depth of ones soul. How deep can you go. In creating a scene of memory. And snapped on a moments notice. ~~~~~~~~~~~~~~~. 2008 Celeste "Sally" Cheeseman's Hawaii Real Estate and Relocation Blog. All rights reserved...

Metro Brokers(SM) Acquires Oprandi Realty - MarketWatch

Metro Brokers(SM) Acquires Oprandi Realty
MarketWatch - 10 hours ago
Founded in 1990, Oprandi Realty was comprised of more than 40 real estate agents that operate in Gilmer and Fannin Counties. .
Metro Brokers absorbs Oprandi Realty Bizjournals.com
all 9 news articles
..

Commercial Real Estate Women to host discussion (Miami Herald)
Commercial Real Estate Women (CREW) of Fort Lauderdale and Palm Beach will host a discussion of the real estate scene in northeast Broward County Wednesday at Pompano Citi Centre, 1955 N. Federal Hwy. in Pompano Beach. Mayors from Pompano Beach, Lighthouse Point and Deerfield Beach are among the speakers. Networking starts at 5:30 p.m.; speakers at 6:30 p.m. Cost, including refreshments, is $30 ...

Real Estate Experts Debate If It Is A Buyers Or A Sellers Time (NY1 News)
For the past year, there's been a lively debate over whether it's been a buyer's or a seller's market. Tom Acitelli, senior editor of the real estate section at the NY Observer, said that in a few months, when year end bonuses play themselves out, the buyers will have the upper hand...

Fallen chief executive meets his match - New Zealand Herald

Telegraph.co.uk

Fallen chief executive meets his match
New Zealand Herald, New Zealand - 5 hours ago
Richard Fuld struggled for more than a year to cope with Lehman's bad debts on real estate. Photo / AP Richard Fuld, a one-time international squash player .
What's Wrong With a Real Estate Correction? SBWire (press release)
Lehman to file for Chapter 11, pursues private equity real estate sale PrivateEquityRealEstate.com (subscription)
Will Lehman Bros' invt in Indian cos be affected? Moneycontrol.com
Financial News - Bloomberg
all 1,954 news articles
..

Maui County Government Delays Release Of 20-Year Development Plan
Volunteerism took another hit with the Maui News editorial EURPlanning falls behind, againEUR (MN, 9/8/08). The editorial cited erroneous information to chastise the 25-member volunteer Maui Island General Plan Advisory Committee (GPAC) for ...

International Real Estate For Sale in . Hong Kong - New York Times

New York Times

International Real Estate For Sale in . Hong Kong
New York Times, United States - 4 hours ago
A thriving international business community has helped fuel the luxury real estate market in Hong Kong. In the heart of the city, most of the housing stock .
..

Sept 19th: Financing Real Estate in Ukraine - Security Issues in Dealing with Financial Sector (KYIV Post)
Financing Real Estate investment in Ukraine gets more complex nowadays. Learn from experts from CMS Cameron McKenna what clauses are being accepted by the financial sector and how you can effectively negotiate them...

The Best Gift is Laughter..and YOU!
Waking up this morning to ActiveRain (like every morning) brought me wonderful greetings for my birthday .thanks to all! But that's not what I want to write about. Kathy McGraw wrote a Monday Morning Gifts..Happy Birthday Sally but ...

Residential Real Estate: Demand from Puget Sound area renters . - Bizjournals.com

Residential Real Estate: Demand from Puget Sound area renters .
Bizjournals.com, NC - 5 hours ago
Given all the general gloom in residential real estate, one might expect plentiful pessimism for the local rental housing sector. .
..

Professional Attitudes & Behaviors Online
Professional Attitudes & Behaviors ONLINE should hold true as the same offline. We follow what is stated in our Code of Ethics and Standards of Practice. Even if your profession does not specifically have a Code of Ethics it is pretty ...

Pastor and wife charged in real estate investment scam - TCPalm

Pastor and wife charged in real estate investment scam
TCPalm, FL - 39 minutes ago
By Keona Gardner (Contact) MARTIN COUNTY EUR A local pastor and his wife have been charged with scamming consumers in a real estate investment scheme, .
Jensen Beach pastor and wife arrested WPTV
all 2 news articles
..

Real Estate and construction press releases (AME Info)
Are you one of the people kicking themselves for not having bought in Abu Dhabi a year ago? In many cases prices have virtually doubled in twelve months. But there is good reason to believe that you have not entirely missed the boat and that real estate in the UAE capital has further upside...



Archives Main Index