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Existing Home Sales Down  Sales of existing U.S. homes were down in January while home prices continued to appreciate at double-digit rates.read more...


Munich Re Posts Higher 1Q Profit (AP via Yahoo! Finance)   Munich Re, the world's biggest reinsurer, said Monday that its first-quarter net profit increased by nearly 27 percent, boosted by the sale of stakes in a German mortgage bank


Why Bush's panel targeted mortgage deductions (San Jose Mercury News)  Is there any chance Congress could take away mortgage interest and state and local property- and income-tax deductions from homeowners?read more...


Just Don't Open the Windows  Build the school, just make sure you shut out the diesel fumes. So concluded an aldermanic committee, approving an order for the city to buy land near the highways in


National City's Q1 profit suffers on mortgage losses (St. Louis Business Journal)  A "difficult environment" for its mortgage operations took National City Corp.'s earnings below analysts' expectations for the first quarter, the bank reported Monday.read more...


A Legal Maneuver That Could Keep Property in the Family   SCIN. No, it's not the stuff that covers our bodies. It's a complex legal and financial transaction, but it may be of interest to elderly homeowners and their families. read more...

July 31st, 2006

July 31, 2006 - Housing Short-Handed Without Immigrant Workers

When I started my home building business in 1992, I found it was easier to sell houses than it was to build them.

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