Kurt Richebacher on the Bubble and Beyond
” Consumer spending in the United States is in for a sharp slowdown in the course of the current year.
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Homeowners expect mortgage to last to retirement (Reuters via Yahoo! UK & Ireland Finance) Over a third of homeowners expect to have to work into retirement just to pay off their mortgage, according to a survey.read more...
To keep paying the mortgage or not? (China Daily) To keep paying the mortgage or not? This question has been bugging 28-year-old Chen Jie for a month now.read more...
Housing starts down from '04 but still busy The Tri-Cities continues to be a "robust" region for home building, says the CEO of the Greater Vancouver Home Builders' Association.read more...
Secured Funding Closes First Complete Electronic Home Equity Mortgage with Notary Pro, World Wide Notary (Business Wire via Yahoo! Finance) COSTA MESA, Calif.----Feb. 13, 2006-- Secured Funding, a full-service retail and wholesalelender specializing in second mortgages, has successfully completed the first electronic home equity mortgage in its history.read more...
Middleman Now Rich Man in Real Estate Boom BEDFORD, N.Y. - Earlier this month, Michael Neeley, a real estate broker in this leafy, upscale suburb, closed on the sale of a contemporary ranch house.via
Orlando REIT selling 5 hotels CNL Hotels & Resorts Inc. has agreed to sell five of its hotels for $109 million, the Orlando-based hotel real estate investment trust announced today.read more...