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real estate News Archive 10-Jul-2008

High Gas Prices Driving Real Estate in New Directions (CoStar Group)The $4-plus/gallon of gas threshold hit this summer has pushed the real estate industry in unforeseen ways -- fundamentally altering how it behaves and its understanding of markets. It is changing the way brokers market property, how brokerages charge...

GIH launches $500m GCC real estate fund (Gulf Daily News)MANAMA: Global Investment House (GIH) has launched a $500 million Global GCC Real Estate Fund-II to take advantage of the booming GCC market.

Boise real estate market consolidating (KTVB Boise)An Idaho real estate company is abandoning its independent ways and joining a larger Northwest company.

Shorenstein Finds Opportunity in Sour Real Estate Market (CoStar Group)Holding fast to tried-and-true real estate wisdom, successful sellers during boom times often become successful buyers during the downturns that follow. Walter Shorenstein and his son, Douglas, didn?t become San Francisco real estate tycoons by making...

Real estate agents take rap for run-down houses (Atlanta Journal-Constitution)Atlanta real estate agents trying to weather the slumping market by selling foreclosures have run into an unexpected problem with a city government tired of neighborhoods overrun with derelict properties.

Coldwell Real Estate Firms Merge (gazettes.com)Two of Long Beach?s most influential real estate offices ? with strong footholds on the city?s east side ? are combining into one powerhouse. Coldwell Banker Coastal Alliance has purchased Coldwell Banker Residential Brokerage and the two offices will operate under the same management.

Poll finds commercial real estate pros pessimistic about economy (Dallas Morning News)Commercial real estate professionals are traditionally an upbeat bunch. To make it in the rough and tumble property market, you need to have a positive outlook.

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