Canada's AIC Sells 13 Percent Stake in Mortgage Insurer Radian (Bloomberg.com) Nov. 8 (Bloomberg) -- AIC Ltd., the Canadian mutual fund manager that in September became the largest investor in mortgage insurer Radian Group Inc., has sold its 13 percent stake.read
Smart Ideas for Selling Your Home Once you've made the decision to sell your home, you'll need to decide if you want to try to sell it yourself with some legal help, or list it
Pulte Homes stock down after big charge warning "Pulte's impairment charge is the largest taken in a single quarter by a public home builder in the current cycle" Shares of Pulte Homes Inc., one of the nation's
Home Grown Business: Designer Fabrics & Framing. Owners: Marvin Nicholson and Cathy Hunter.via
Wells Fargo Home Mortgage, Dominion Homes Form Joint Venture (Real Estate News) RISMEDIA, March 1 ? Wells Fargo Home Mortgage and Dominion Homes announced that they intend to form a joint venture to originate and fund mortgage loans for customers of Dominion
Hospital workers transfer care to home building site As contractors worked night and day to finish the Novak home for ABC's "Extreme Makeover: Home Edition" well ahead of schedule, a team of volunteers was there to assist with
“Looking over periods of stress that I’ve seen, this is the strongest global economy we’ve had”
Construction of new homes fell to the lowest level in more than a decade in July as builders continued to struggle with the steepest housing slump since 1991.
The Commerce Department reported Thursday that construction of new homes and apartments dropped 6.1 percent last month to a seasonally adjusted annual rate of 1.38 million units. That was down 20.9 percent from the pace of activity a year ago and represented the slowest pace since January 1997.
The housing industry, which had enjoyed a prolonged boom until 2006, has been struggling this year with a deepening slump as builders are slashing prices and throwing in various incentives in an effort to unload record levels of unsold homes. The problems have been worsened by rising home foreclosures, especially in the subprime market, a development which is dumping even more homes onto the glutted market. Read more
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