US mortgage giant ceases business, lays off thousands (AFP via Yahoo! News) American Home Mortgage, one of the country's biggest mortgage companies, said it would cease business Friday as it becomes one of the latest casualties of a widespread housing downturn.read
Vote Planned on Zoning Approval The Dundee Town Council will vote Tuesday on zoning approval for a portion of Bel Lago, a proposed subdivision to be built on the west side of U.S. 27. Bel
Builders' bane or boom? Immigration reform may still be under debate in Washington. But in Southern California, the prospect of tougher enforcement of immigraton rules is already prompting contractors to fire undocumented workers ...read
KB Home to sell mortgage business to Countrywide (BizJournals) KB Home, the largest homebuilder in Central Texas, is selling nearly all the assets of its mortgage business to Countrywide Financial Corp. for an undisclosed amount, the companies said Thursday.via
Real estate market is weak, but won't crash (Reg Req'd) Report: Slowdown in home construction is cause for concern An economic report by the American Express Bank Ltd.read more...
Citigroup Pressed To Improve Results "It has never greatly underperformed or outperformed the S&P" Q. What's up with Citigroup Inc.? I had expected more from this stock. A. With its traditional umbrella symbol recently
“If you stay focused on the details, people will find you.”
A new Charlotte home building company is showing confidence in the local market by starting two upscale single-family communities.
Providence Partners is building The Enclave at Chrishall, 18 houses in the $800,000 range on Park South Drive in SouthPark, and Charndon Village, 33 homes starting in the $400,000s at Boyce and Sardis roads near Lansdowne and Stonehaven.
Residential permitting and home sales have slowed in recent months in the Charlotte region reflecting the national housing slowdown. Read more
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