Dewey Enderle During the past two school years, Dewy Enderle has supervised UC construction during the week and has regularly worked the weekends, supervising the university volunteers building homes with Cincinnati Habitat
The Week In Review The dearth of business travellers, who have had their corporate travel budgets cut amid economic woes, has been a major headache for the hotel industry for the past four years.via
Sub-Prime Mortgage Woes Worry Urban Warrior (The New York Sun) Michael Rubinger, chief executive officer of Local Initiatives Support Corporation, is worried about rising defaults in the subprime mortgage market. His viewpoint, however, is somewhat different: "The danger is that
Brokerage Firm Agrees to $27M Settlement Associated Press Brokerage Firm Agrees to $27M Settlement 05.18.2005, 10:35 PM A brokerage firm that accepted contingent fees from insurance carriers for more than 20 years agreed Wednesday to return
Both Sides Present Tax-Swap Arguments to Fla. Homebuilders read more...
Is BofA eyeing mortgage lender? (Miami Herald) Shares of Countrywide Financial Corp. jumped as much as 12 percent Friday, spurred by a report that Bank of America Corp. was in talks that could lead to the acquisition
“We’re now projecting that home sales and housing production will not begin improving until late this year and we’re expecting the early stages of the subsequent recovery to be quite sluggish”
Construction of new homes posted a small gain in April but applications for building permits plunged by the largest amount in 17 years, a dramatic sign that the nation’s housing industry is still in a steep slump.
The Commerce Department reported Wednesday that construction of new homes and apartments rose by 2.5 percent in April compared to March to a seasonally adjusted annual rate of 1.528 million units.
Even with the improvement, housing construction is 25.9 percent lower than a year ago. And in a worrisome sign for the future, builders cut their requests for new construction permits by 8.9 percent in April. That was the sharpest drop since a 24 percent fall in February 1990, another period when housing was going through a significant downturn. Read more
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