Dear eRealEstatePro.com Readers,

Welcome to the Real Estate Newsletter (2/19/2010). In this edition we have included news, articles and videos. You can find more resources on our website: eRealEstatePro.com.

Real Estate News

Entertainment Group Files For Bankruptcy
Horse-track owner Magna Entertainment Corp. has filed a reorganization plan in Delaware bankruptcy court after reaching a settlement with unsecured creditors. (More)

Washington REIT to name John McDaniel chairman (AP)
AP – Washington Real Estate Investment Trust said on Thursday that John P. McDaniel is expected to be named as chairman of its board of trustees at its May 18 annual meeting. (More)

Mortgage fraud: Bloomberg, nonprofit try to raise awareness (The Christian Science Monitor)
The Christian Science Monitor – They pose as experts, guaranteeing they can stop a home foreclosure. They may promise they can get you to the head of the line, leapfrogging over the thousands of other people trying to renegotiate their mortgage with the bank. But most of all, they want money upfront. (More)

10 Rookie Home Buyer Mistakes to Avoid (U.S. News & World Report)
U.S. News & World Report – It was supposed to be a momentous occasion for Brian, who was about to close on his first home. But after signing a thick stack of documents–and taking part in the ceremonious passing of the keys–something felt off for the then 26-year-old Montgomery County, Md., resident. There wasn’t even a chilled bottle of bubbly or a housewarming gift to punctuate this pivotal moment. “My Realtor told me that I can take him out for a steak,” recalls Brian, who prefers that only his first name be used to guard his privacy. … (More)

Realtor arrested in beachside slaying
Brevard County sheriff’s agents arrested a 44-year-old Indialantic woman Wednesday evening in the killing of her former friend, a 46-year-old nurse. (More)

Real Estate Articles

Do You Understand the Property Market?
When it comes to buying and selling real estate it is useful to think about who you will be aiming at. Who is you market or target audience if you like? This is an important factor to consider from the very start of your development process when you first buy the property that you will be later selling. (More)

Is Real Estate Development Right For You?
The idea of buying and selling property is an exciting one and many people have become interested in this as a way to make money and build a good career. Probably because most of us have experienced the process of moving house, either directly or indirectly, it seems one of those subjects that we feel we know something about. This makes immediately accessible as a possible start-up business. (More)

Edmonton’s Suburbs Thrive at Expense of City’s Mature Neighbourhoods
City planners don’t seem to like the city center in Edmonton. A look at the various reasons for the boom in emigration to the suburbs. (More)

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