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At FHA, a Surprising Result Underpins a Big Change   DALLAS Who have better credit scores on average -- home buyers with higher or lower incomes? Inside the country's fastest-growing home-mortgage program, the surprising answer is: People with lower incomes


Treasurer Brushes Off U.S. Mortgage Woes (AP via Yahoo! Finance)   Australian Treasurer Peter Costello Friday played down the effects on Australia of the U.S. subprime mortgage sector woes, saying non-confirming or subprime mortgages in Australia represent only 1 percent


Real-Estate Drop Has a Green Lining  Developers are dropping plans to build on some choice pieces of land and instead are selling it for such uses as public parks and nature preserves.read more...


Mortgage Insurers Lifted, But Default Fears Persist  If the Federal Reserve's latest move means that a significant number of homeowners can refinance their loans at more affordable rates, the mortgage-insurance industry -- and possibly the housing market


Saudi Arabia's firm to present new real estate projects  Deputy Director General of the Saudi Real Estate Company (SRECO) said that his company would present three new projects this yearvia


Urbanisation, REITS driving Asian real estate market: S&P  SINGAPORE: Urbanisation along with the emergence of Real Estate Investment Trusts will drive Asia's long-term property market, the credit ratings agency Standard and Poor's said Wednesday.read more...

August 23rd, 2005

Property sale OK’d by MHA (Reg Req’d)

The city’s housing authority continued to move forward with its plans to construct a 101-unit senior mid-rise aligned east to west with a view of both Ware Avenue and South 2nd Street.

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