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   Birmingham Michigan Real Estate World News

Xinyuan Real Estate names Frank Hin Kit Ng new CFO (AP via Yahoo! Finance)
Xinyuan Real Estate Co. Ltd., which develops Chinese residential properties, said Tuesday that Frank Hin Kit Ng will replace Longgen Zhang as chief financial officer.

PEOPLE: Real estate agents recognized for work (Courier-Post)
Two real estate agents from Prudential Fox & Roach were recognized during July for outstanding work in the Moorestown office.

Investment in commercial real estate falls (BizJournals)
Investment in Denver-area commercial real estate was down in all categories except apartment properties for the 12 months through the second quarter, according to LoopNet Inc. (LOOP)

Broker: Vail Valley real estate slower, but still 'good' (Vail Daily)
VAIL — Tighter credit and a slowing economy have slowed real estate sales across the region this year. But, while sales volume is down everywhere, the average price of homes in Garfield and Summit counties is still on the rise.

Telluride real estate firm files reorganization plan (Rocky Mountain News)
West Galena Real Estate LLC, a Telluride hotel and condominium developer that sought Chapter 11 protection in June, filed a combined reorganization plan and disclosure statement Monday.

Real Estate Lawyers Feeling The Housing Slump, Too (The Harrisonburg Daily News-Record)
HARRISONBURG - The housing market slump has affected the nation at every level, and real estate attorneys haven't escaped the downturn.

Prepare for unexpected on real estate deals (Everett Herald)
A few weeks ago, we discussed the case of a veteran real estate agent who canceled a much-awaited kayak trip because an out-of-state buyer was arriving with a reported all-cash offer for one of her listings.

Jones Lang LaSalle managing director moves to Peloton Real Estate (BizJournals)
Dale Ray has left commercial real estate firm Jones Lang LaSalle to join Dallas-based Peloton Real Estate Partners as a principal in the firm.

Real estate appraiser regulation is a failure (The Hendersonville Times-News)
As soaring home prices set the stage for America's great housing meltdown, a critical step in making sure those home sales were a fair deal - the real estate appraisal - was undermined from within.

Real estate meltdown trickles to agents (Detroit Free Press)
It's a sign of the times when real estate offices have For Sale signs posted out front. While thousands of Michigan homeowners have suffered through the real estate industry meltdown, real estate agents also have fallen on hard times. They have left the industry in droves since 2004.

 

 
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