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real estate News Archive 15-Apr-2009

Real estate prices go up and down in accordance with rumours (Vietnam Net)VietNamNet Bridge ? Experts said that the actual real estate prices are not as high as rumoured. Even when the prices really increase, the high prices are just precarious.

Real estate market shows some signs of life (Issaquah Reporter)There are some glimpses of light at the end of the tunnel for the struggling Eastside real estate market.

Wally Marks dies at 78; his family real estate firm left its imprint on L.A. (Los Angeles Times)Wally Marks, whose family real estate firm helped develop Santa Monica's Third Street Promenade and preserve the Helms Bakery building, has died. He was 78.

Glendale's Citadelle plaza bought by real estate company (The Arizona Republic)Real estate investment company purchased 110,000-square foot mixed-use development.

Brokers: darker days ahead in commercial real estate (San Diego Daily Transcript via Yahoo! News)San Diego brokers agreed this week at a Urban Land Institute monthly meeting that the dark days will linger for commercial real estate.

Hypo Real Estate Says Soffin Extends Guarantees (Update1) (Bloomberg)April 14 (Bloomberg) -- Hypo Real Estate Holding AG, the commercial-property lender bailed out by the German government, said the country?s bank-rescue fund extended guarantees.

Lynchburg City Council holds steady on real estate tax rate (WSLS Newschannel 10 Roanoke)Lynchburg City Council voted Tuesday to keep the tax rate level at $1.05. A proposal was made to lower the rate to $0.998 to offset the rise in real estate values seen after this year?s reassessment.

India's real estate cookie crumbles (rediff.com)We should not be listening to the real estate sector's demands on interest rates. Clearly we know where the problem is, says Govindraj Ethiraj.

Generali Denies It?s Buying Pirelli Real Estate Stake (Update2) (Bloomberg)Daily la Repubblica reported earlier today that Generali may buy 59 percent of the real estate company from its controlling shareholder Pirelli & C. SpA. A Generali spokesman denied the report in a phone interview.

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