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Real Estate News
ProLogis Ready to Move on...

"As materials handling becomes more sophisticated, high clear heights have become more justifiable."

With word out about the 130-acre land buy, ProLogis is unleashing details about its plan to develop a $100-million industrial park in North Fort Worth. via GlobeSt.com

NAR Says Home Sales, Prices To Rise This Year

"It's important to keep things in context"

Home sales and prices throughout most of the country are poised for improvement in the second half of 2008, and the recovery will vary by market, Lawrence Yun, chief economist for the National Association of ... via Floor Focus

Cicero homeowners, assessor react to rejected assessments 5/16/08

One of Central New York's largest suburban towns made a rare move Friday, one that a lot of taxpayers in many towns wish that their town would do for them. via ClipSyndicate

Commercial lender focuses on following current trends

"We know who the capital sources are and we have an understanding of how these properties are able to be underwritten"

However delicate or blunt shifts in the commercial real estate market are, Leonard Manriquez reacts, putting together commercial loan products specific to the current climate. via Whittier Daily News

Commerce Commission warns property investor

"Real estate agents, when marketing properties for sale, often rely on the vendor to provide them with accurate information"

The Commerce Commission is watching Wellington property investor Eva Properties Partnership and one of its directors after it falsely said a property for sale had resource consent. via NBR Newsroom

McCain action helped Arizona developer: report

Presumptive Republican presidential candidate John McCain secured millions in federal funds for a land acquisition program that provided a windfall for an Arizona developer whose executives were major campaign ... via Portland Tribune

Ashford Hospitality Selling the Hyatt Regency Montreal in Montreal,...

Ashford Hospitality Trust, Inc. today announced that it has agreed to sell the Hyatt Regency Montreal in Montreal, Quebec to Pandox for $58.5 million CDN . via Hotel Online

Black mold a real problem in Utah, despite dry climate

After we showed you a story about a family's ordeal with black mold, we got a lot of E-mails and phone calls from viewers saying the same thing was happening to them. via ClipSyndicate

Jumbo loan rates finally begin to fall

"Consumers need to look at all three of those (loan types) because their particular circumstances may make one or another of those options the better option for them"

Higher loan limits, set by the federal government as part of an economic stimulus package early this year, were supposed to make jumbo loans more affordable in expensive housing markets. via Bank Rate

FirstService hit by strong dollar, slumping U.S. real estate

"We had solid financial performance this year despite a challenging U.S. and global economy which demonstrated the importance of our diversification across service platforms and international markets"

Property services provider FirstService Corp. has reported a 35 per cent increase in quarterly sales but a net loss on the bottom line blamed on the strong Canadian dollar and the slumping U.S. real estate ... via The Globe and Mail


World News



Yahoo! News: Top Stories
Thousands flee China quake area over flood fears (AP)

Residents run as they evacuate to higher ground from the center of earthquake-hit Beichuan County, southwest China's Sichuan province, Saturday, May 17, 2008.   Thousands of Chinese earthquake victims fled areas near the epicenter Saturday, fearful of floods from a river blocked by landslides. (AP Photo/Vincent Yu)AP - Two rivers blocked by landslides threatened to flood towns shattered by China's massive earthquake, sending thousands of survivors fleeing Saturday in a region still staggering from the country's worst disaster in 30 years.


Kennedy hospitalized after seizure; not a stroke (AP)

CNN is reporting that US Senator Edward Kennedy, seen here in April 2008, has been rushed to a hospital in the state of Massachusetts with stroke symptoms.(AFP/File/Paul J. Richards)AP - Sen. Edward M. Kennedy, the lone surviving son in a famed political family who helped define national Democratic Party politics, suffered a seizure at his Cape Cod home on Saturday and was recovering in good spirits at a Boston hospital.


Big Brown cruises to another easy win in Preakness (AP)

Big Brown, with jockey Kent J. Desormeaux, crosses the finish line to win the 133rd running of the Preakness Stakes at Pimlico Race Course in Baltimore, Maryland, May 17, 2008.     REUTERS/Jason Reed (UNITED STATES)AP - Big Brown charged to the lead turning for home and then cruised down the stretch to win the Preakness on Saturday, still perfect and squarely pointed toward thoroughbred racing's first Triple Crown in 30 years.


As cyclone refugees wait, Myanmar refuses aid (AP)

A cyclone survivor salvages items from her damaged house on the outskirts of Yangon, Myanmar on Saturday May 17, 2008. (AP Photo)AP - Myanmar's junta kept a French navy ship laden with aid waiting outside its maritime border on Saturday, and showed off neatly laid out state relief camps to diplomats.


Train derailment, acid leak forces La. evacuation (AP)

Residents of Lady of the Oaks Retirement Manor are evacuated Saturday May 17, 2008 after authorities issued a mandatory evacuation order for about 3,000 residents who live within a one-mile radius of an early morning train derailment in Lafayette. La. The train was leaking hydrochloric acid.(AP Photo/Lafayette Daily Advertiser/Brad Kemp)AP - Six cars of a freight train derailed Saturday, including one that began leaking hydrochloric acid, causing thousands of people to evacuate homes, businesses and a nursing home within one mile of the wreck.


Clinton presses on with campaign despite long odds (AP)

Democratic presidential hopeful Sen. Hillary Rodham Clinton, D-N.Y., reacts after dipping a bottle of whiskey into red wax at  Maker's Mark Distillery in Loretto, Ky. Saturday, May 17, 2008. (AP Photo/Elise Amendola)AP - The day of campaigning had barely begun and Hillary Rodham Clinton was already eyeing the whiskey.


Bush says Saudi oil boost doesn't solve US problem (AP)

U.S. President George W. Bush walks with Afghanistan President Hamid Karzai following their meeting in Sharm el-Sheik, Egypt, Saturday, May 17, 2008. (AP Photo/Susan Walsh)AP - President Bush said Saudi Arabia's small increase in oil production will not solve soaring U.S. fuel prices, but he defended the wealthy kingdom Saturday against American lawmakers "screaming the loudest" for Riyadh to open its spigots.


Police: Gunman wounds 3 outside SoCal church (AP)

Map locates Grenada, Hills Calif., scene of church shootings; 1c x 2 3/8 inches; 46.5 mm x 60.3 mmAP - A man with a semiautomatic rifle opened fire at a church festival Saturday, wounding his ex-wife and two bystanders before festival-goers grabbed him and held him for police, authorities and a church official said.


Historic Brooklyn Navy Yard gets modern makeover (AP)

The old Naval Hospital sits boarded up and overgrown with dandy lions and shrubs at the Brooklyn Navy Yard, New York, Thursday May 8 , 2008. The facility, built of local marble in 1837, is a city landmark and is slated to be restored as the centerpiece of a new 20-acre 'media campus'' at the historic facility.  (AP Photo/Bebeto Matthews)AP - When the Pentagon closed the Brooklyn Navy Yard in 1966, it became an obsolete facility awash in history but torpedoed by time.


All signs point to a Simpson and Wentz wedding (AP)

In this Sept. 8, 2007 file photo, Ashlee Simpson and her boyfriend Pete Wentz, of the band Fall Out Boy, arrive together at the Rolling Stone 40th anniversary party in Las Vegas. (AP Photo/Matt Sayles, file)AP - If Ashlee Simpson's wedding is not happening at her parents' home, they're sure going out of their way to fake it.



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