Hypo Real Estate to receive euro20 billion loan (AP via Yahoo! News)
Troubled German lender Hypo Real Estate said Friday it has been granted euro20 billion ($25 billion) in loan guarantees from a government fund, which comes on top of a previous bailout to stabilize its business amid the financial turmoil.
Investors Pull Back: Savings Accounts Top Stocks and Real Estate For First Time (Rasmussen Reports via Yahoo! News)
A plurality of investors - for the first time ever - say they would rather put new investment money in a bank savings account than in the stock market or in real estate. This marks a dramatic change over the past year in response to worsening conditions on Wall Street and other troubling economic factors.
Web sites offer real estate agent rankings (AP via Yahoo! News)
Word of mouth is one of the most common ways homebuyers and sellers find a real estate agent. Now, there are several Web sites that tout a more scientific approach: ranking agents based on criteria such as years of experience, how many sales they've closed, and the number of positive testimonials from past clients.
Hypo Real Estate Gets EU20 Billion Guarantee From Rescue Fund (Bloomberg)
Nov. 21 (Bloomberg) -- Hypo Real Estate Holding AG , the German property lender bailed out by the German government and financial institutions last month, got a 20 billion-euro ($25 billion) credit guarantee from the government's rescue fund.
Web sites try ranking real estate agents, but scoring and agent lists can seem thin (Minneapolis-St. Paul Star Tribune)
LOS ANGELES - Word of mouth is one of the most common ways homebuyers and sellers find a real estate agent.
Realtors content on Real Estate Channel (BizJournals)
The National Association of Realtors announced that it has become a real estate news and content contributor to the Real Estate Channel.
UPDATE: Hungary Real Estate Fund Note Trade To Resume Monday (Nasdaq)
BUDAPEST -(Dow Jones)- The Hungarian Financial Supervisory Authority (PSZAF), the country's capital market authority, will Monday re-launch trade in real estate investment fund notes under amended regulations to come into effect next week, PSZAF officials said Friday.
Real estate group backs sick leave law challenge (BizJournals)
Fearing a flight of businesses from the city of Milwaukee, leaders of a major organization of commercial real estate professionals have voted to support the legal challenge to the paid sick leave benefits mandate passed by voters via a Nov. 4 referendum.
Dallas real estate developer leaving Oklahoma (News On 6 Tulsa)
Associated Press - November 21, 2008 3:25 PM ET OKLAHOMA CITY (AP) - Dallas-based real estate developer Trammell Crow Co., is closing its offices in Oklahoma City and Tulsa.
Hypo Real Estate to receive euro20 billion loan (Lexington Herald-Leader)
Troubled German lender Hypo Real Estate said Friday it has been granted euro20 billion ($25 billion) in loan guarantees from a government fund, which comes on top of a previous bailout to stabilize its business amid the financial turmoil. Munich-based Hypo said it can use the guarantees to collateralize debt securities to be issued, which must be due for repayment by the middle of January ...
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