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Archive for May 1st, 2008

May 1, 2008: 10:40 pm: neberuNews

Greener Than Thou: Architecture Watch Edition

Greener Than Thou is our report on San Francisco’s obsession with all things green, giving credit where credit is due and calling bullshit when the need arises.

Citrus County

Exit Realty Leaders serving Citrus County , Florida buyers and sellers Real Estate needs.

Chester County

Selecting wedding sites and services in New Jersey, Pennsylvania and Delaware is made easy by searching our comprehensive database of wedding locations and vendors.

Brevard County Mls

Buy or Sell Property in Brevard County , FL View our MLS Listings. www.ronaldsmithrealestate.com Brevard County MLS Find a complete realtor list of Florida homes for sale.

Are We In A Recession?

It’s April 2008 and it seems “recession” is talked about everywhere you go. News networks, cable TV outlets, papers, magazines, websites and blogs all claim that high gas and food prices have driven America …

Sacramento Real Estate & Mortgage: A New Day

After 3 1/2 years of a real estate market in full retreat, affordable prices have once again sparked a frenzy of buying activity.

Coming to Connect?

Let the world know you’re going to be in San Francisco in July for Real Estate Connect ! We’ve made some great banners for you to put on your web site, blog or assorted online profile pages.

Real estate search technology is overrated

Posted by Pat Kitano at 5/1/2008 8:04 PM and is filed under Technology The real estate industry is the search technologists’ siren’s song.

[Temper] Extreme makeover: Home improvement gets violent

When real estate agent Ann Hartman entered the recently repossessed, vacated mansion on a tree-lined street in one of the most upscale neighborhoods in Henderson, she found a crime scene.

Thomson Reuters - not immune’ to credit crisis

The newly formed Thomson Reuters Corp. said Thursday that cutbacks in the banking industry may dent its financial data business, but the blow will likely be softer than expected.

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: 8:40 pm: neberuNews

Late breaking news

ECC Capital Corporation Posts Results for Fourth Quarter and Year End December 31, 2007

IRVINE, Calif., May 1 /PRNewswire-FirstCall/ — ECC Capital Corporation , a mortgage finance real estate investment trust that invested in residential mortgage loans, today posted financial results for the year …

Better laws needed to regulate estate agents

I REFER to the Saturday Special report, ‘Rodeo realtors’ . While the number of complaints is of much concern, it should be noted that they are committed by errant agents from a few companies.

PFF to report 4Q loss of $159 million, cites real estate struggles

Stock trading on Rancho Cucamonga-based PFF Bancorp - the holding company for Pomona First Federal Bank & Trust - stopped on Wednesday amid market speculation the bank could be under regulatory scrutiny or even …

Anworth Schedules Conference Call to Announce Quarterly Earnings

Anworth Mortgage Asset Corporation announced today that it will release results for the first quarter of 2008 on Wednesday, May 7, 2008.

Southwest Florida sees slight decline in foreclosures

Southwest Florida sees slight decline in foreclosures By VALLI FINNEY 8:14 p.m., Thursday, May 1, 2008 Foreclosure filings in Southwest Florida slowed down - ‘ ever so slightly - ‘ in April.

Sun Microsystems to cut 1,500 to 2,500 jobs

Sun Microsystems Inc. reported an unexpected third-quarter net loss Thursday and announced plans to cut 1,500 to 2,500 jobs after slow sales in the U.S. dragged down overseas gains.

Covance allows tour of half-built facility

Covance, a global drug-development services corporation that often works under secrecy and tight security, offered city and business officials a peek Thursday into the huge Chandler facility the company is …

Good news, bad news and the $3.5 trillion net

Those $600 checks we’re about to receive from Uncle Sam won’t be enough to offset the continuing shockwaves from the real estate debacle anytime soon.

Bank of England sounds alarm on 5bn commercial property defaults

Britain’s big banks stand to lose as much as a fifth of their profits as the commercial property market implodes, the Bank of England has warned.

Buying on the net

Ms pauline Kariuki would never have reached Mr Martin Saulo in Germany to sell to him a house at the new Flame Tree apartments in Thika, were it not for the Internet.

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: 7:40 pm: neberuNews

Late breaking news

A Tightening Squeeze On Credit

Like a spreading infection, restrictions on credit are moving into new and more specialized niches of the mortgage market.

Mortgage mess hits Coto de Caza

A few days ago I was out at Hanna’s restaurant with a few buddies watching a Laker game when one of the guys said “Hey, I’ve got a great story for you.” This particular friend is full of great stories, so he …

Tanger Outlet Centers Q1 2008 Earnings Call Transcript

Stanley K. Tanger- Chairman, CEO, and Founder Steven B. Tanger- President and COO Frank Marschisello, Jr.

Tanked: Investors shocked at Allco revelation

STRUGGLING fund manager Allco Finance Group expects to post a loss of at least $1.5 billion in fiscal 2008 after writing off much of its estimated “good will”. The forecast loss stunned investors who stripped …

30-year mortgage rates rise

Rates on 30-year mortgages remained above 6%, edging up to the highest level in seven weeks and reflecting continued financial market concerns about inflation.

McCain Seeks Costly Tax Cuts

Republican John McCain is making promises that would cost billions of taxpayer dollars, yet he is vague about how he would pay for them.

European Structured Finance Market Active despite Challenging Conditions

Fitch Ratings-London-30 April 2008 : Fitch Ratings has said today that despite the current market conditions and lack of investor appetite, the continental European structured finance market has remained …

McCain Promises Billions in Spending

Republican John McCain is making promises that would cost billions of taxpayer dollars, yet he is vague about how he would pay for them.

House panel approves $300 billion housing rescue plan

Democrats and several Republicans on the House Financial Services Committee banded together Thursday to pass a $300 billion housing rescue package.

Tough market redefines lowball offer logic

Homebuyers are looking for a steal; home sellers are looking for an out, and homebuilders and banks are selling homes at cut-rate prices.

Rates on 30-year mortgages rise

Rates on 30-year mortgages remained above 6%, edging up to the highest level in seven weeks and reflecting continued financial market concerns about inflation.

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: 5:40 pm: neberuNews

Late breaking news

Business Wire : GMAC Commercial Mortgage Corporation Arranges $107,122,000 in Refinancing for a Multifamily Portfolio..

Business Wire : GMAC Commercial Mortgage Corporation Arranges $107,122,000 in Refinancing for a Multifamily Portfolio.
publisher: Business Wire
, released: 11 March, 2005

price: $5.95 (new)

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: 11:40 am: neberuNews

Late breaking news

Mortgage Confidential: What You Need to Know That Your Lender Won’t Tell You.

Mortgage Confidential: What You Need to Know That Your Lender Won’t Tell You
by: David Reed
publisher: AMACOM/American Management Association
, released: 30 November, 2006

price: $11.53 (new), $5.50 (used)

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: 10:40 am: neberuNews

Late breaking news

McCain Won’t Say How To Pay For Tax Cuts

McCain is handing around a campaign grab bag of goodies. There are little treats like a summer gas-tax holiday and new mortgages for struggling homeowners, and there are big plums like tax breaks for …

McCain seeks costly tax cuts, but vague on paying for them

May 1, 2008 7:50 AM By LIBBY QUAID, AP 30 mins ago: McCain seeks costly tax cuts, but vague on paying for them 8 hrs ago: McCain promises billions in spending Republican presidential candidate, Sen.

Opes Advisors Announces Alliance With Absolute Mortgage Banking to…

PALO ALTO, Calif., May 1 /PRNewswire/ — Opes Advisors, a wealth management and residential mortgage banking firm, announced today that it has formed a strategic partnership with Absolute Mortgage Banking.

Mccain’s Promises Would Cost Billions But He’s Vague On How He’d Pay…

Republican John McCain is making promises that would cost billions of U.S. taxpayer dollars, yet he is vague about how he would pay for them.

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: 9:41 am: neberuNews

Late breaking news

Tuckerton Beacon Hometown Briefs

All members of the public are invited to the second annual Emergency and Safety Preparedness Day, which can help people become as prepared as possible for emergencies.

It’s dark enough to be before the economic dawnEconomic expert says we are near the bottom

“No matter what you look at things were going south.” Those were the words of David Altig, senior vice president and director of research at the Federal Reserve Bank of Atlanta, speaking Wednesday to the …

Mayor Set To Unveil Executive Budget

May 01, 2008 Mayor Michael Bloomberg is set to reveal his executive budget for the 2009 fiscal year today.

OBAMA and HUCKABEE Win in Iowa

Yes, you’ve all heard the news by now, but here are a few points that might not be emphasized on the not-always-trustworthy mainstream news.

Q1 Construction Loan Defaults Rise

Construction loan delinquency rates appear to have increased substantially since the end of the year.

It could be, if all goes according to one company’s plans to build a…

More Headlines ‘Flame of Hope’ passes through Sumter The “Flame of Hope” blazed through Sumter Monday in the hands of law enforcement officials from the sheriff’s office, the Sumter County Probation Office and …

PRES Cos. Sells Three…

The PRES Cos. has sold three industrial buildings totaling 38,500 sf at its newly completed Temecula Corporate Center to the Garmon Corp., a manufacturer of pet supplies.

Business

Brand new in the Farms The Grosse Pointe Chamber of Commerce hosted its official ribbon-cutting ceremony Thursday, April 17 at Lori Stefek’s new business, Stefek’s Auctioneers and Appraisers of Antiques and …

Sale-Leasebacks up With Slower Economy

“I would say that we will be better off next year than we are now,” said Bruce McDonald, president and cofounder of Net Lease Capital Advisors, during Real Estate Media’s sixth annual RealShare Net Lease …

First Financial Selling $400M Loan Portfolio

MIAMI-First Financial Network Inc. is offering more than $400 million in real estate loans tied to multifamily properties throughout the Southeast, mostly in Florida.

Legacy Buys 70 Lake Via $36M…

Legacy Partners of Foster City, CA has acquired an 11-story, 104,466-sf office building at 70 Lake Ave.

Gatski Lands 435,000-SF…

Gatski Commercial has landed a 435,000-sf property management and leasing assignment.

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: 8:41 am: neberuNews

Late breaking news

Mixed-Use Development Handbook.

Mixed-Use Development Handbook
by: Dean Schwanke
, Patrick L. Phillips
, Frank Spink
, Charles Lockwood
, David Versel
, Steven Fader
, Leslie Holst
, Oliver Jerschow
, Deborah Myerson

publisher: Urban Land Institute
, released: 12 June, 2003

price: $62.97 (new), $44.45 (used)

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: 7:40 am: neberuNews

Late breaking news

Creating Wealth: Retire in Ten Years Using Allen’s Seven Principles of Wealth, Revised and Updated.

Creating Wealth: Retire in Ten Years Using Allen’s Seven Principles of Wealth, Revised and Updated
by: Robert G. Allen
publisher: Free Press
, released: 01 August, 2006

price: $17.16 (new), $4.51 (used)

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: 6:40 am: neberuNews

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