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Housing recovery still tenuous

DAVID YOUNG Coloradoan 25.06.2009

Old post office building 'perfect' for train hub

DAVID ROEDER Sun Times 25.06.2009
Housing recovery still tenuous

While a national home sales report shows signs that previously occupied home sales increased slightly from April to May, a recovery of the housing sector is still tenuous.

Old post office building 'perfect' for train hub

Two weeks ago, the U.S. Postal Service said it plans to auction its old main post office in Chicago. Ever since, I've been struggling with the futility of the agency's backward process.

Home sales stabilizing; weak recovery seen

ALAN ZIBEL AP Associated Press 24.06.2009
New Web-based Template System Empowers Real Estate Professionals to Easily Create Property Websites

Eugene, OR -- (SBWIRE) -- 06/24/2009 -- Real Design Online, LLC [RDO] announced today the release of its new single-property website template system, which went live on June 19. Based in Eugene, RDO's unique system allows anyone in the U.S. to quickly and easily create a custom website for any property on the market.

Home sales stabilizing; weak recovery seen

WASHINGTON (AP) — Nationwide home sales may have finally hit bottom, new data shows, but a host of thorny problems are hindering any recovery.

Are low appraisals slowing US home sales?

Laurent Belsie The Christian Science Monitor 24.06.2009
Are low appraisals slowing US home sales?

If it’s a buyer’s market in real estate, how come so many Americans are having trouble closing on a home?

UPDATE 1-Red Roof defaults on $361 million commercial loans

NEW YORK, June 23 (Reuters) - Red Roof Inns Inc, the discount hotel chain with nearly 350 properties, became the latest in the downtrodden hospitality industry to default on debt made during the credit-driven real estate boom, the company confirmed on Tuesday.

Best Cities To Buy A Home

Sarah Lynch Forbes 23.06.2009
U.S. called new emerging market for real estate

NEW YORK (Reuters) - Brazil, Russia, India and China move over. There's another emerging market for commercial real estate opportunities.

Best Cities To Buy A Home

While the overall housing market isn't on the upswing, these metros show long-term promise.

More home builder bankruptcies seen possible

Chelsea Emery Reuters 23.06.2009

Kanjorski: Real estate key to recovery

GLENN ROBERTS JR Inman News 23.06.2009
More home builder bankruptcies seen possible

NEW YORK (Reuters) - More home builder bankruptcies could be on the horizon if the housing market does not significantly improve, said Pulte Homes Inc (PHM.N: Quote, Profile, Research, Stock Buzz) Chief Executive Richard Dugas at the Reuters Real Estate Summit on Monday.

Kanjorski: Real estate key to recovery

WASHINGTON, D.C. -- U.S. Rep. Paul Kanjorski said he used to be considered the "gloom and doom guy" on the House Financial Services Committee for opining about worst-case economic scenarios.


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