US housing hits the ceiling as sales start to slow down
AMERICANS bought fewer previously owned homes in November than a month earlier, providing more evidence that the US housing market is slowing, according to economists.
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Darling urges banks to ease mortgage costs (Guardian Unlimited) Alistair Darling, the chancellor, has called a meeting with the country's biggest banks to urge them to pass on lower interest rates to squeezed mortgage holders in return for the
MetroWest Development Is Approved In Fairfax Fairfax County agreed last night to let a developer replace a neighborhood of 65 single-family homes at the Vienna Metro station with a massive complex of mid- and high-rise
American Home Mortgage lays off 7,000 (USA Today) American Home Mortgage Investment said Thursday it would fire nearly 7,000 employees, an exclamation mark to one of the biggest and fastest corporate collapses in the U.S. housing downturn.read more...
Tenants evicted from P.E.I. home by IRAC The Island Regulatory and Appeals Commission has ordered a family renting a house in North Rustico to move out by noon Thursday.read more...
Strapped for Money In Your Golden Years - Consider a Reverse Mortgage Like many retirees, Kelsey Garman states, you may be house rich and cash poor. By that, he means that most of your assets are in your paid for, or
London losing house price crown The gap between house prices in London and the rest of the UK has shrunk to its lowest level in nearly eight years, research from Halifax bank has shown.read more...