Financial News

A 59-year-old Laguna Beach man was arrested today for allegedly bilking at least 16 victims – most of them El Dorado Hills residents – of nearly $1.7 million in various real estate and securities fraud schemes over a 3-year period, authorities said.

Source:Former El Dorado Hills man arrested for real estate fraud (The Sacramento Bee)

Allen Tate CEO: Real estate market in York County is ‘nice and steady’ (The Rock Hill Herald)

Filed Under Real Estate News | Leave a Comment
Thu May. 28, 2009

The real estate market in Fort Mill is “nice and steady,” according to Pat Ril

Source:Allen Tate CEO: Real estate market in York County is ‘nice and steady’ (The Rock Hill Herald)

Investors Real Estate Trust Announces Record Date for 2009 Annual Meeting (Marketwire)

Filed Under Real Estate News | Leave a Comment
Thu May. 28, 2009

MINOT, ND–(Marketwire – May 27, 2009) – Investors Real Estate Trust ( NASDAQ : IRET ) ( NASDAQ : IRETP ) today announced that its Board of Trustees has scheduled the Company’s 2009 Annual Meeting of Shareholders for Tuesday, September 15, 2009 at 7:00 p.m. CDT at the Grand International, 1505 North Broadway, Minot, North Dakota. The record date for determination of the common shareholders …

Source:Investors Real Estate Trust Announces Record Date for 2009 Annual Meeting (Marketwire)

Market for luxury living remains tight (The Arizona Republic)

Filed Under Luxury Homes | Leave a Comment
Thu May. 28, 2009

While buyers are snapping up inexpensive Phoenix-area homes at a rate not seen since the housing market peaked, there remains very little buyer activity when it comes to high-end luxury homes.

Source:Market for luxury living remains tight (The Arizona Republic)