Taking stock of real estate bubble trouble (Outer Banks Sentinel)

Taking stock of real estate bubble trouble (Outer Banks Sentinel)
The real estate market is hot, hot, hot and everyone wants a piece of the action. The National Association of Realtors reported that 36 percent of homes sold in 2004 were second homes. Of those, 64 percent were for investment purposes.

Former Walter Wagner official forms new real estate firm (BizJournals)
William G. Duncan III, former director of sales for the Walter Wagner Jr. Co., has started a new commercial real estate firm, Duncan Commercial Real Estate LLC.

Ed Kelley plans to retire as head of USAA Real Estate (BizJournals)
USAA Real Estate Co. (RealCo) said Wednesday that Ed Kelley will retire from the company as president and CEO on Dec. 31.