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U.S. Stocks Fall as Housing Slump Deepens; Countrywide Financial Declines  U.S. stocks dropped for a second day on mounting evidence that a housing slump may cause economic growth to slow.read more...


UK mortgage lending rises in June (BBC News)  Mortgage lending rose in June as housing market confidence returns, the Council of Mortgage Lenders say.read more...


EDITORIAL; Give builders a break in the permit process  Government bureaucracy is stifling home building on the Central Coast and driving the cost of housing skyward.Commentread more...


Home builder puts Bible in slab of every house  The framing and the walls already were up when Jill Williams and her husband discovered a home they liked in a suburban yet rural area north of Houston.read more...


H&R Block to Sell Option One Mortgage to Cerberus (Update4) (Bloomberg.com)  April 20 (Bloomberg) -- H&R Block Inc., the largest U.S. tax preparer, said it found a buyer for its money-losing subprime mortgage unit after a six-month search and will sell


Mortgage applications on the rise (The New Zealand Herald)  A small rise in mortgage application figures released by credit information provider Veda Advantage is being viewed as a "hint" of some stability in the housing market.read more...

August 19th, 2007

Selling Houses By the Yard

In a weak market, owners are considering investing in things that appraisers routinely overlook like flowers, shrubs and trees.





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