France24 Hypo Real Estate Receives Extension of Financial Aid Bloomberg 21 (Bloomberg) — Hypo Real Estate Holding AG, the German commercial-property and public-finance lender taken over by the government, said Germany's Soffin … Hypo Real Estate support package restructured Reuters EU temporary approval for help to Hypo Real Estate The Associated Press EU Temporarily OKs EUR18 Bln State Guarantees For Hypo RE Wall Street Journal AFP
Reuters China Property Stocks Drop Most Since August on Curbs Bloomberg 18 (Bloomberg) — China property stocks fell the most in four months, led by Poly Real Estate Group Co., on concern the government will step up measures to … Chinese stocks close lower at midday Friday, led by property shares istockAnalyst.com (press release) Michael Hartnett: My Favorite Indicator BusinessWeek Foreign-funded realty firms step up financing for expansion People’s Daily Online Reuters UK
AFP How a government bailout created the commercial real estate catastrophe True/Slant and continuing to the present day, led to far too much confidence and investment in commercial real estate . Now we're on the verge of a total collapse in … Is There A Relationship Between Savings Rates and Real Estate Values? istockAnalyst.com (press release) How A Government Bailout Created Today's Commercial Real Estate Catastrophe The Business Insider Commercial real estate woes imperil US recovery AFP New West
What is bothering me is the fact that the government, through its lackluster agency, Fannie Mae, will shortly be in the business of acting like a regular residential real estate brokerage house, competing unfairly with certified brokers …
On a 403-12 vote today, the House of Representatives approved a measure to extend the $8,000 first-time homebuyer tax credit , along with a $6,500 tax credit for repeat homebuyers who have lived in their current homes for at least five years. The Senate has already approved the bill, and the President is expected to sign it tomorrow. To qualify for the credits, applicants must sign a purchase agreement by April 30, 2010 and close by June 30, 2010 and have annual incomes below $125,000 (for individuals) and $250,000 (for joint filers). Income limits were previously $75,000 for individuals and $150,000 for joint filers. In addition, the home being purchased must be for the applicant’s primary residence (i.e., no vacation homes or investment properties) and priced at no more than $800,000