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Greyhound headquarters changes hands

By Inman News, Friday, June 18, 2004.

The Greyhound Lines national corporate headquarters property in Dallas has been sold to a Southern California-based private investor, according to Marcus & Millichap Real Estate Investment Brokerage Co.

 

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Government agency moves

By Inman News, Friday, June 18, 2004.

The U.S.  more...

University of Phoenix inks lease deal

By Inman News, Friday, June 18, 2004.

The University of Phoenix has signed a seven-year lease agreement to relocate its Fountain Valley Learning Center to Costa Mesa, Calif.

 

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Decline in real estate interest rates over

By Lou Barnes, Friday, June 18, 2004.

For the second week in a row, Alan Greenspan talked a jumper off his ledge.

On Monday, the whole interest-rate structure rose to new highs out of fear that the Fed is about to begin a severe campaign–perhaps opening with a half-percent increase on June 30. If only 0.25 percent, the Fed is still headed way, way above the 1 percent rate of the last year-and-a-quarter.  more...

The Pru man behind the Yahoo! deal

By Jessica Swesey, Friday, June 18, 2004.

Prudential Real Estate Affiliates president Earl Lee is an understated man who appears to be on a mission, buying eRealty earlier this year and announcing a significant   distribution deal with Yahoo! yesterday.

Prudential has teamed up with Yahoo! to provide visitors to Yahoo!  more...

Worrisome signs in housing market

By Inman News, Friday, June 18, 2004.

Three news stories this week made us pause: rising interest rates, Federal Reserve Chairman Alan Greenspan's warnings about the glow coming off the hot housing market and the downturn in Los Angeles, the largest real estate market in the U.S.  more...

San Francisco real estate price passes half million

By Inman News, Friday, June 18, 2004.

The median price paid for a home in the San Francisco Bay Area passed the half-million dollar mark in May, DataQuick Information Systems reported today.

 

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'Ugly House' co. launches real estate-owned program

By Inman News, Friday, June 18, 2004.

HomeVestors of America, the company famous for its "We Buy Ugly Houses" billboards, will launch a Real Estate-Owned (REO) program July 1, to buy "ugly notes" from banks and financial institutions nationwide.

HomeVestors plans to purchase performing notes, non-performing notes, and REOs on single-family homes that will expand the company's inventory to HomeVestors' franchisees. The company plans to upgrade most of the homes and their respective communities.  more...

Real estate: The week ahead

By Inman News, Friday, June 18, 2004.

  • The National Council of State Housing Agencies will hold its annual Housing Credit Conference, June 22-25, in Los Angeles. The conference includes sessions on management and development, as well as exhibits of the latest products and services in the housing credit industry.

  • The National Fair Housing Alliance's 16th Annual Conference is slated for June 26-29, in New Orleans.  more...

Home staging works real estate miracles Premium Content

By Bernice Ross, Friday, June 18, 2004.

(This is Part 2 of a four-part series.  more...

Looking for a Christian real estate agent? Premium Content

By Inman News, Friday, June 18, 2004.

The pitch on the Web site HisMove.com is straightforward: "Looking for a Christian real estate agent?  more...

Real estate leadership changes at Cendant

By Inman News, Friday, June 18, 2004.

Cendant Real Estate Services Division officials announced today the appointment of Thomas R. Kunz as the new president and CEO for Century 21 Real Estate Corp.  more...

More consumers log onto bank sites Premium Content

By Inman News, Friday, June 18, 2004.

ComScore Networks, which measures and analyzes consumer behavior and attitudes, has found that more than 22 million users logged into online accounts with the nation's top 10 banks during the first quarter of 2004.  more...

Overnight interest rates hold steady

By Inman News, Friday, June 18, 2004.

Long-term mortgage interest rates were lower Thursday, and the benchmark 10-year Treasury bond yield fell to 4.69 percent.

The 30-year fixed-rate average dipped to 5.96 percent, and the 15-year fixed-rate remained at 5.36 percent. The 1-year adjustable was unchanged at 3.53 percent.

The 30-year Treasury bond yield dropped to 5.36 percent.

Rates are current as of 7:15 p.m. Eastern Standard Time.

Mortgage rate figures are according to Bankrate.com, which publishes nightly averages based on its survey of 4,000 banks in 50 states.  more...

Steal real estate, avoid jail time

By Robert Bruss, Friday, June 18, 2004.

Have you ever noticed an abandoned neighborhood property you would like to own? Or would you like to use part of your neighbor's property, perhaps for a path or driveway?

Today's real estate lesson is "How to Legally Steal Real Estate Without Going to Jail." To pass this course, you must comply with the tough rules for stealing all or part of a property.

Purchase Bob Bruss reports online.  more...

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