At NYC's Plaza, Quest for $100 Million Sale Italian businessman Luigi Zunino, who is in contract to buy an apartment at New York's Plaza condominium, is already seeking someone to pay $100 million for it.read more...
NATION'S HOUSING: Disclosure rules to help mortgage applicants stalled (The Charlotte Observer) Congressionally mandated protection of huge potential value to home mortgage applicants has been paralyzed because two federal agencies have not published required regulations, 33 months after the legislation was signed
N.C. existing home sales up during 2006 Existing home sales in the state grew 3 percent last year compared to 2005, bucking the downward national trend that had analysts, homeowners and Realtors moaning.Commentread more...
Lenders cut financing for Block mortgage unit (bizjournals.com via Yahoo! Finance) H&R Block Inc. said in filings Thursday that two warehouse financing lines for its Option One Mortgage Corp. were reduced in size and that two others terminated.read more...
Mortgage rates fall as inflation rises (Bankrate.com via Yahoo! Finance) Mortgage rates dropped this week, even as the government was reporting that inflation is running higher than expected.read more...
Housing Construction Down 2.6 Percent Construction of new homes fell in August to the slowest pace in 12 years as troubles in the housing industry continued to intensify.The Commerce Department reported Wednesday that construction
Kurt Nishimura is taking a calculated ride on Arizona’s real estate wave. He sold his home in the Willo neighborhood, believing its value has topped out, and is renting an apartment in the Arcadia area for a …
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