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Archive for October, 2007

Housing decline hits area unevenly

Saturday, October 27th, 2007


Baltimore Sun - Local real estate agents say they believe the market is on an upswing after months of sluggishness. January seemed to bear that level but says it does not revise its monthly numbers, the only data that can be analyzed for community-level trends. Last

Sporting goods store 1st to open in new center

Friday, October 26th, 2007


AZCentral.com - The Shops at Norterra, a 350,000-square-foot commercial real estate project on Happy Valley Road just east of the Interstate 17 exit, will welcome its first customers Nov. 10 when Dick’s Sporting Goods opens for business. Other stores will gradually
Source: www.azcentral.com

Commerce National Bank Announces Third Quarter 2007 Results
MSN MoneyCentral - (000’s omitted) Amount % of Total —– —– Commercial $ 23,135 19.3% Real Estate - Commercial 48,445 40.5% Consumer 24,486 20.5% Construction and Land Development 23,525 19.7% —– —– Total $ 119,591 100.0
Source: news.moneycentral.msn.com

REITs See Biggest Drop Since 1998 as U.S. Rout Grows (Update1)

Friday, October 26th, 2007


Bloomberg - Today, their combined market value is about $357 billion, according to the National Association of Real Estate Investment Trusts in Washington. REITs have attracted investors because they are required to pay out at least 90 percent of

Three Minority Housing Leaders Join Forces to Market Foreclosures To
Forbes - Their combination of market intelligence and real estate expertise and track record for moving properties off the market is the best in the business.” New Vista’s overall strategy is to leverage its broad connections within the minority real estate

UNCC real estate program signs deal with CCIM
MSN MoneyCentral - Individuals with a CCIM designation are deemed proficient in investment, market, user-decision and financial analysis for commercial real estate. Of the estimated 125,000 commercial real estate professionals in the United States, only 6 percent hold

 


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