New housing down substantially as mortgage rates rise (Lincoln Journal Star) Home construction plunged 5.6 percent in October, providing dramatic evidence that rising mortgage rates are beginning to dampen the housing boom.read more...
KB Home CEO resigns in wake of scandal The resignation of KB Home Chairman and Chief Executive Bruce Karatz in the wake of a stock options scandal leaves the company without the man who built it into one
Market Report Stocks Edge Higher on Strong Earnings Reports The market seems to be moving in a pattern similar to recent earnings seasons, in which the market rises with high expectations for earnings before companies begin to announce, then
UK house prices climb in August Housing market activity remains "firm", the Halifax says House prices rose by 1% in August, bouncing back from a shock drop in the previous month, according to Halifax, the UK's
Interest Rate Roundup Here's a look at the state of interest rates on five common consumer banking products and the latest rates from Bankrate.com's weekly national survey of large banks and thrifts.read more...
Owners Think Home Values Have Risen In its second-quarter survey, real-estate data firm Zillow found that 62% of the 1,361 homeowners who responded said they believe the value of their home increased over the past year.
Members of Carpenters Local Union 1743 are picketing in front of a new Wawa store being constructed here with non-union labor.
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