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.
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.
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.
Real estate division raises fees, as license applications drop by 60 percent (Rocky Mountain News)
The Colorado Division of Real Estate is increasing licensing fees, following an unexpected nose dive of 60 percent in the number of new license applications
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.
India Real Estate Body Advises Members To Cut Property Prices (Nasdaq)
NEW DELHI -(Dow Jones)- India's National Real Estate Development Council said Friday it has advised all its members to cut prices of current and future realty projects to reverse slowing demand.
Aspen real estate market off 47 percent (Aspen Daily News)
October saw the lowest monthly volume of real-estate sales in Aspen since December 2004 and sales this year through October are down 47 percent compared to 2007.
Pumping capital into real estate selectively (Vietnam Net)
VietNamNet Bridge – Foreign experts believe that it is now necessary to pump capital into the real estate market, albeit carefully and cautiously. What projects to inject money into?
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