Early finish of new home can trap buyer
Current market conditions are helping builders finish new homes before expected, causing snafus for buyers still trying to sell their existing home.
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Countrywide's Profit Falls as Mortgage Demand Wanes (Update4) (Bloomberg.com) Jan. 30 (Bloomberg) -- Countrywide Financial Corp., the biggest U.S. mortgage lender, said fourth-quarter profit fell 2.7 percent and forecast that weaker home sales will limit this year's earnings.read more...
Fewer People Moving to Sunny Florida "If this continues, we probably have to move to another state." When Eric Feichthaler became mayor three years ago, this town was booming. The city issued 800 permits that
Tires to real estate, and he's not tired yet Myron "Indiana" Jones might not be the oldest real estate agent in Englewood, but at 80 he's certainly one of them.read more...
Fraternities struggling to install sprinkers Phi Sigma Kappa President John Eppensteiner and other fraternity members might have to say farewell to their 79-year-old fraternity house.read more...
Selling in a sea of foreclosures With so many homes being sold as foreclosures, sellers who want to avoid the bottom-fishing buyers need to take extra steps to market their property.read more...
Thornburg Mortgage posts $3.31 billion loss Thornburg Mortgage Inc , a specialist in jumbo home loans that nearly went bankrupt in March, on Thursday posted a $3.31 billion first-quarter loss as the value of mortgages and