Home Prices ‘To Stagnate For Years’
House prices could remain static for several years while the market waits for first-time buyers’ incomes to catch up with the cost of property, figures indicate.
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Placer Dome Will Look at Selling Non-Core Assets Although it has no immediate plans, Placer Dome Inc. will consider selling its poorer performing mines, the gold producer said on Wednesday, as it revealed that it tried to dispose
Slowdown in U.S. housing leads to job losses BOSTON: Denise Hamilton was earning the biggest salary of her life painting and packing refrigerator parts until Collis decided to shut its Evansville, Indiana, factory and she was fired.Commentread more...
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American Home Mortgage Investment Corp. Announces Common Stock Offering (Finanzen.net) American Home Mortgage Investment Corp. (NYSE: AHM) announced today a public offering comprised of 4,000,000 shares of its common stock. The Company has also granted the underwriters an option to
Shell-shocked mortgage bankers gather in S.F. (San Francisco Chronicle) Mortgage bankers, the folks on the front line of making home loans, don't have much to celebrate these days. They're blamed for lax lending standards that led to the foreclosure
Seller Rule No. 1: Be reasonable BANKRATE.COM SCRIPPS HOWARD NEWS SERVICE House prices are falling in much of the country, and more than 4 million dwellings are on the market.Commentread more...