Drop in house prices likely as sellers stay out (Financial Times) (Real Estate)
Drop in house prices likely as sellers stay out (Financial Times)
US house prices are likely to fall this year after the number of people selling their homes fell by the most in 17 years in 2006, according to a leading estate agent.
Estate agents and casinos to join organised crime battle (Times Online)
Estates agents, accountants, casinos and other financial businesses are to face strict supervision to ensure that they report suspicious moves to launder money….
3i-backed Countrywide takeover bid voted down (Financial Times)
Countrywide’s shareholders defeated management in its bid to take Britain’s biggest estate agent private. More than 40 per cent of voting investors rejected the attempt, which was backed by 3i, the private equity group.
Maine home sales down in 2006 (Sharewatch)
The association, which tracks sales of homes by licensed real estate agents, said 13,359 single-family homes were sold in Maine last year, down 7.2 percent from 2005. The median sales price was $192,519, up 0.8 percent from a year earlier.
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