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real estate News Archive 10-May-2009

Medical is Real Estate Bright Spot (San Fernando Valley Business Journal)Business is moving along at a steady clip for David Kim of the commercial real estate firm Lee & Associates.

Analysis: MTA's fortunes rise, fall on real estate (Middletown Times Herald-Record)ALBANY, N.Y. (AP) When New York City more than 90 years ago needed to start spreading its 5 million residents to the suburbs of Harlem and Brooklyn, city leaders tied the cost of expanding "radial rapid transit" to real estate taxes.

NewsWatch: Real estate index rises along with delinquencies (Market Watch)The stock market has for weeks been dogged by talk of trouble lurking in commercial real estate, yet an exchange-traded fund of commercial property companies has rallied 50% in the last two months -- despite commercial mortgage delinquencies hitting 11-year highs in April.

Real estate founder loved Hill Country (Kerrville Daily Times)Long time Kerrville realtor John McCollom, 84, died Tuesday in a San Antonio hospital. He first formed the real estate company John McCollom and Associates in Kerrville in March 1962 and was known for his work and integrity.

Snark attack in online real-estate reviews (Seattle Times)Brutally frank discussions about specific real estate listings can draw hundreds of comments on sites such as StreetEasy, Curbed and Brownstoner, where traffic has increased as buyers seek insight into the turbulent real-estate market.

Real estate: Builder sees recovery (Florida Today)Veteran home builder Alex Bobinski thinks the real estate market has hit bottom and will begin to recover later this year. "Expect prices to start to rise in late summer, early fall," said Bobinski, who has been building in Brevard County as Honeymoon Hill Constructors since 1972.

Real-estate mystery fees under attack (Seattle Times)A federal-district court has handed down a ruling in a class-action lawsuit that could have a direct impact on the fees you pay to the real-estate company at closings, whether as a buyer or seller.

Real estate rarity: A Realtor at age 18 (San Francisco Chronicle)In some ways, Rich Lewetzow is a typical high school student: He gets into spats with his mom, waits until the last minute to do his homework and stays out too late with friends on weekends. But in other ways, the senior at Stuart Hall in San Francisco is... Related: San Francisco - Real estate - United States - Stuart Hall - California

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