Sumitomo and AXA Plan Tokyo Real Estate Fund (New York Times)

Sumitomo Trust & Banking , Japan’s fifth-largest bank, said it plans to raise 100 billion yen ($1.1 billion) with French insurer Axa to start a Japanese real estate fund, Bloomberg News reported.

Massive Rise in French for Sale by Owner Property

The number of French properties advertised on portal Property Abroad has increased faster than that of any other country. Trends analyst Erin Scott gave a possible reason for the exponential increase. [PR.com - May 13, 2009]

Sterling Custom Homes, Inc. Celebrates Its 20th Anniversary

Sterling Custom Homes is proud to announce that they recently celebrated their 20th anniversary. [PR.com - May 22, 2009]

IDX Brokers Unique Integration Sets Realtor Jeni Lamberto’s Website Apart from Her Competition

IDX Broker software saves both real estate professionals and consumers time, by speeding up the online property search process. [PR.com - May 13, 2009]

The Real Estate Wonk: Where home prices aren't falling (Baltimore Sun)

Average rents: down (4) Ralph Wiggum wrote: I own 2 rentals that are vacant, bu… [ more ] How not to sell a house (4) smithbaltimore wrote: I like what the HGTV Real Estate In…

Lennar Announces the Lowest Mortgage Rates in Decades

The Coastal Carolina Division of Lennar is offering low mortgage rates for a limited time only. [PR.com - May 13, 2009]

Lifestyle Buyers Have "Uncluttered Path" to Best Properties in Greece

Property in Greece is having a heyday of sorts, due to the current prevalence of lifestyle buyers in the market, and the new tendency to look to less conventional spots to make lifestyle buys, according to overseas property portal Property Abroad. [PR.com - May 13, 2009]

Italy Property: Stability Reigns in Lifestyle-Buyer Driven Market

Lifestyle buyers — those buying overseas property as a holiday home or to live in either in retirement or emigration — are back out in force, according to overseas property portal Property Abroad, and Italy is becoming one of the biggest benefactors the portal has revealed. [PR.com - May 13, 2009]

Egypt Property: No Price Drops on Horizon

Egypt property prices are not going to drop from their current level, according to overseas property portal Property Abroad.com. Prices are as low as they will be and growth is expected to restart in the next 4-6 months, according to Julie Liddle, emerging markets analyst with the portal. [PR.com - May 13, 2009]

Spanish Property Still Favourite with Brits – Portal

Overseas property portal Property Abroad has revealed the top 5 most popular destinations with overseas property buyers on their site. Spanish property is still topping the charts, according to the portal.