Real Estate
News Archive
19-Feb-2009
 
  Bank loans still beyond reach of real estate developers (Vietnam Net)VietNamNet Bridge ? Many commercial banks have slashed lending interest rates to around 10% per annum, but real estate developers complain that they still can?t get bank loans.

Real estate office settles race bias suit (Chicago Tribune)An Elmhurst real estate office and one its former agents admitted no wrongdoing but agreed to pay a $120,000 settlement to end a federal lawsuit alleging racial bias. According to a consent decree released Wednesday by U.S. Atty. Patrick Fitzgerald's office, the National Fair Housing Alliance conducted an undercover investigation of the Re/Max East-West office and agent John DeJohn between June ...

Hypo Real Estate needs 20 billion euros more in guarantees (Deutsche Welle)Troubled German lender Hypo Real Estate needs further loan guarantees of up to 20 billion euros in the next few weeks in order to stay afloat. That's according to a report in the Frankfurter Allgemeine Zeitung.

Report: There's a Bright Side of the Real Estate Bust for Truckers (TruckingInfo.com)2/19/2009 The crash in the U.S. real estate market, including declining property values for commercial properties, is turning into an unlikely boon for the trucking industry, reports Traffic World Associate Editor John Gallagher in a Special Report titled "Terminal Buy Time."

Elmhurst real estate firm, agent settle steering claims (Daily Herald)A suburban realty company and one of its former real estate agents have agreed to pay $120,000 to settle allegations they steered potential homebuyers toward certain neighborhoods based on their race and national origin.

Real estate agents pulling up stakes (The Record)Ryan Podsada of Emerson got his real estate agent's license about a year ago, thinking the field would be a good fit because he likes to work with people.

County real estate assessments complete (Richmond Times-Dispatch)Culpeper County?s real estate tax assessments for 2009 are now available, the commissioner of the revenue announced this week.

DIPP recommends changes in FDI norms for real estate (Business Standard India)The Department of Industrial Policy and Promotion (DIPP) has recommended relaxation in foreign investment rules in the real estate sector in a bid to facilitate cash-strapped realtors get overseas funds.



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