Sales of New Homes Fell By 5% During January
The drop is the fourth decline in the past six months as the inventory of houses on the market continued to swell. Despite the lowered demand, prices still rose.
read more…
Lennar quarterly profit drops 39% (Reg Req'd) Unlike other homebuilders, the company is not cutting back on new-home construction, but is offering more incentives.Commentread more...
TD Banknorth sees 9 percent drop in profits TD Banknorth Inc. said Monday that its third-quarter profit fell 9 percent, hurt by acquisition-related charges and a loss on derivatives.read more...
Signs of economic life stir in New Orleans A few people are getting back to business in New Orleans. While the vast majority of businesses are locked tight, there are snippets of economic activity, the New York Times
Constroversial Real Estate Developer About to Open Upscale Steakhouse read more...
TMA braces for tough choices BEIRUT: Lebanese pilots accused Trans Mediterranean Airways of seeking to expel its entire local staff before selling the debt-ridden company to a strategic partner, a claim denied by sources inside
Is homeowner entitled to emotional distress damages from mortgage lender? (Reno Gazette-Journal) George and Barbara Dawson purchased their home "subject to" a first mortgage with Great Western Bank, a predecessor of Washington Mutual Bank (WaMu), one of the nation's largest home loan