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.
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.
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.
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.
Hungary Real Estate Fund Note Trade To Resume With New Rules (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, PSZAF officials said Friday.
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 ...
Real estate recovery not seen until 2011 (HispanicBusiness.com)
Don't expect the nationwide real estate outlook to improve any time soon. That was the main message of the Seattle Urban Land Institute's Emerging Trends in Real Estate breakfast Thursday.
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