New house sales hit second-highest level on record Sales of new houses in May climbed to the second-highest level on record, offering more evidence that low mortgage rates are continuing to fuel a booming housing market.via
Westchester cites 98 contractors for working without licenses Westchester County continued to play tough with unlicensed home building contractors, issuing tickets to 98 of them during a five-week investigation, the county's consumer protection director said yesterday.read more...
Mortgage lender in trouble after financing falters (El Paso Times) LOS ANGELES -- The prospect of bankruptcy loomed over New Century Financial Corp., as the subprime mortgage lender scrambled Monday to stay afloat after all of its bank lenders cut
Sales Up, Inventory Up The National Association of Realtors reports : Existing Home Sales Rise in October, Market Stabilizing Click on graph for larger image.Commentread more...
Timber frame builder files for bankruptcy MARKDALE, Ont. One of Canada's top timber frame home companies is facing bankruptcy after being battered by the impact of a strong Canadian dollar and fierce competition from builders who
Tips for selling a home in a down market "I was specializing in interior design, and my clients said that they really liked what I was doing" Selling a house is a terrific challenge these days, and homes
“On top of that, you’ve got Citi selling assets, which in the long run is a good thing, but it implies several more years of turmoil and restructuring.”
Equity markets overseas were pushed lower as the price of oil topped $125 a barrel. via Daily Times
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