Jack Hagel, the real estate reporter for The (Raleigh) News & Observer, is becoming the editor of The Cary News and the Southwest Wake News, papers owned by the News & Observer.
“I saw the reinflation after the tech bust, and I tried to explain the prices of everything from the dirt under buildings to the air above them.
“Over the past two years, as things have slowed, the stories have changed to become one of how deals are getting done, who’s in financial ruin, who’s avoiding it, which projects have been put on ice, and which ones are doomed.
“More of those stories will come about before things turn around. Lower land prices will complicate things for folks trying to sell homes. And the credit crunch, coupled with falling occupancy and rental rates, will bring some landlords to their knees.”
Read more here.
Real estate news service CoStar News has hired Khristophr J. Brooks as a reporter covering New York…
Reuters has hired Wen-Yee Lee to be its tech correspondent in Taiwan. She has been…
NPR tech reporter Dara Kerr has left the news organization for a new opportunity. Kerr…
Fox Business host Larry Kudlow has no plans to leave his role amid reports detailing…
Morgan Meaker, a senior writer for Wired covering Europe, is leaving the publication after three…
Nick Dunn, who is currently head of CNBC Events as senior vice president and managing…