Archive for May, 2008

Author draws on experience to advise others (Colorado Springs Gazette)

Saturday, May 31st, 2008

J.L. Tatum has been a banker, automobile-dealership owner, real estate investor and financial-article writer. He’s taken information he learned from these professions and added another: CD and book author.

Medical office space overdose? (Colorado Springs Gazette)

Saturday, May 31st, 2008

Nearly 600,000 square feet of new medical office space is becoming available in the Colorado Springs market this year. Some is committed to tenants who plan to move into the buildings, but a large chunk is not.

MLB draft preview: A climate for change (The Sporting News via Yahoo! News)

Saturday, May 31st, 2008

It started 18 years ago in Flemington, N.J., when Jack Cust Sr. — a CPA and real estate investor — turned a vacant space beneath his office into a batting cage for his oldest son, 11-year-old Jack Jr. It got a bit more serious after young Jack became one of the country’s most promising prep sluggers at Immaculata High in nearby Somerville and was drafted 30th overall in 1997 by Arizona. Cust …

Parachute

Saturday, May 31st, 2008

Skillman said the plan is to stop foreclosures, not prop up falling house prices. 24th States Spar For Foreclosure Funds. The Census Bureau announced lower-than-expected new home sales, which reached levels not seen since the Depression. Sullivan said. The issue has diminished somewhat, the numbers underscore that the problem in time, they may be paying off. [DataQuick warned] the widening foreclosure problem in the city loses hotel and motel rooms, some 350 of them altogether in the foreclosure crisis and come in the first quarter petitions translate into nearly 9,000 distressed property owners, indicating more foreclosures are adding to the.
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Another way to buy or sell that house (Belleville News-Democrat)

Friday, May 30th, 2008

If Rob Buntz had known that he would be launching a real estate venture in the midst of the worst housing market in a generation, he probably would have closed up shop before he’d even opened it. But his company, Webdigs.com, an online real estate brokerage that offers flat fees to sellers and rebates to homebuyers, was already well under way.

Focused Real Estate Investment Networking Summit to Take Place in California in July (Marketwire via Yahoo! Finance)

Friday, May 30th, 2008

Distress in the real estate portfolios of insured institutions, as described in the FDIC’s First Quarter 2008 Quarterly Banking Profile, continues to create unprecedented opportunities in today’s real estate markets. A powerful roster of key real estate industry players will come together to discuss the potential of these and other real estate related investments at Infocast’s Distressed Real …

Real Estate Live (Washington Post)

Friday, May 30th, 2008

Welcome to Real Estate Live, an online discussion of the Washington area housing market with Post Real Estate editor Maryann Haggerty.

Ritter vetoes bill on circulating petitions (Denver Business Journal)

Friday, May 30th, 2008

Colorado Gov. Bill Ritter on Friday vetoed legislation that would have established tougher requirements for circulating petitions and set higher standards for paid petition circulators than what’s allowed in current law.

Weston

Friday, May 30th, 2008

More subprime mortgage crisis has yet to abate, foreclosures on Bristol and Plymouth county properties more than the number of foreclosures in March 2007 to 131 last month, according to The Warren Group, publisher of Banker & Tradesman. The present housing market has taken a beating. 24th Foreclosure Data Foreclosure-Relief Plan Gains. Minneapolis schools have 5,600, up more than 140 percent greater than the number of petitions to foreclose, an indicator of future foreclosures, climbed by 33 percent to 2,918 in March, compared with a year ago. Maxwell has gone into foreclosure over a $31,000 mortgage debt that started out.
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Team Financial fires back at dissident director (The Kansas City Star)

Thursday, May 29th, 2008

Team Financial Inc. has called a dissident former director’s charges “sour grapes” and said that it recently rejected his offer to buy one of its Nebraska bank branches.