Cost of running home ‘up by 2,000′
Britons claim the average cost of running a home has risen by nearly 2,000 this year, new research has shown.
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Vacation-Home Sales Hit Record; Investment Purchases Fall The share of second-home sales was 36% of all residential real-estate transactions in 2006, down from 40% in 2005, a trade group says. read more...
Stocks rise as job growth offsets mortgage woes (Reuters via Yahoo! News) Stocks rose slightly on Friday after an economic report showed a resilient job market, but investors remained cautious amid growing concerns about the subprime mortgage market.read more...
Million-dollar homes are now a dime a dozen in the United States Everything about Frank Fazio's new two-bedroom apartment on Manhattan's Upper West Side is decidedly average, including its price: a hair under $1 million.read more...
1st National Bank of Arizona Chooses GMAC Mortgage for Subservicing Needs (Business Wire via Yahoo! Finance) HORSHAM, Pa.----June 27, 2006--GMAC Mortgage Corporation, the nation's third largest subservicer, today announced an agreement with 1st National Bank of Arizona to handle all of the bank's subservicing needs.read
Treasury sees signs of chilly future The economy is cooling down, the home-building boom will slump sharply and the shopping frenzy will slow, according to Treasury forecasts.via
Vacation Real Estate Boosts Tax Revenue read more...