Real estate news and real estate widget
Tuesday, November 25, 2008 ( change date )
Sites Vie to Offer Bulk Sales of Foreclosures
Entrepreneurs are rushing to set up online marketplaces in an attempt to cash in on the market for bulk sales of foreclosed homes.
Real Estate Journal Tuesday, November 25, 2008Perot Fund Liquidates as Debt Bets Turn Sour
The record plunge of the commercial real-estate securities market has claimed its first major casualty: a $1.5 billion fund with investors including Ross Perot.
Real Estate Journal Tuesday, November 25, 2008Retail Sector Pinched by Glut of New Supply
The Dallas-Fort Worth region's retail sector is under pressure. Developers have bet big on its increasing population and the economy's links to the energy sector.
Real Estate Journal Tuesday, November 25, 2008Dubai Moves to Shore Up Real-Estate Market
Dubai moved to shore up sentiment in the city-state's flagging real-estate market, while unveiling details of a federally orchestrated merger of two big home lenders.
Real Estate Journal Tuesday, November 25, 2008Chase is moving WaMu employees
JPMorgan Chase & Co. is asking Washington Mutual employees spread across downtown Seattle to move to its headquarters building at WaMu Center as it works to consolidate its leased space.
bizjournals Tuesday, November 25, 2008Dallas Retail Sector Comes Under Pressure
The Dallas-Fort Worth region's retail sector is under pressure. Developers have bet big on its increasing population and the economy's links to the energy sector.
Real Estate Journal Tuesday, November 25, 2008Duke City ranks 45th for delinquent loans
Albuquerque's construction lenders are becoming increasingly delinquent according to third quarter statistics released by Oakland, Calif.-based Foresight Analytics.
Biz Journals Tuesday, November 25, 2008Report: Home prices continued to fall in September
The latest Standard & Poor's/Case-Shiller Home Price Indices show that home prices continued to decline by double-digit percentages in September. (FISV)
Biz Journals Tuesday, November 25, 2008ProLogis stock downgraded
Standard & Poor’s Ratings Services downgraded its corporate credit and debt ratings on Tuesday for ProLogis Inc. of Denver, the world’s largest developer/owner of distribution centers. (PLD)
bizjournals Tuesday, November 25, 2008FDIC: Troubled assets hammer U.S. banks
Banks insured by the Federal Deposit Insurance Corp. had a 94 percent decrease in third-quarter earnings, to $1.7 billion from $27 billion last year, caused by mounting troubled assets at insured commercial banks and savings institutions, the FDIC said Tuesday.
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