Tuesday, November 01, 2005

Real-estate Boom Is Cooling, Industry Group Says (HispanicBusiness.com)


Real-estate Boom Is Cooling, Industry Group Says (HispanicBusiness.com)
America's historic real estate boom is cresting, and the rate at which home prices appreciate should begin to slow significantly next year, according to the chief economic forecaster for the National Association of Realtors.

You can manage your own rental real estate (San Diego Union-Tribune)
As more people invest in rental real estate, they're discovering how much time and effort is involved in screening applicants, doing upkeep on the property, cleaning up after a tenant moves out and handling an eviction.

Real-estate trust Vornado buys stake in McDonald's (Chicago Sun-Times)
A day after McDonald's Corp. CEO Jim Skinner denied speculation the fast-food chain might spin off some of its real-estate holdings to boost its stock value, Vornado Realty Trust disclosed that it had acquired a 1.2 percent stake in the company.

Sector movers: Real Estate rises, Health falters (ShareCast via Yahoo! UK & Ireland Finance)
Real Estate was one of the top risers today after a bullish note from JP Morgan on the European property sector.

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