Polk Commission to Plan for Lean Year
All set for housing exhibition THE inaugural HomeBuilder Exhibition, which will feature various players in the construction and home improvement sectors, will be held at the Westgate complex next month.read more...
American Home Mortgage files for bankruptcy (USA Today) American Home Mortgage Investment, a large home lender catering to people considered good credit risks, completed its flameout Monday when it filed for Chapter 11 bankruptcy protection.read more...
U.S. Notes Rise; UBS Spurs Concern Mortgage Losses to Spread (Bloomberg.com) Dec. 10 (Bloomberg) -- Treasury notes rose, ending four days of losses, after UBS AG said it will write down an additional $10 billion tied to U.S. mortgage investments.read more...
Refinancing Adjustable-Rate Loans Becomes Harder for Borrowers Homeowners are finding it tough to refinance even as rates climb. One reason: prepayment penalties. But others are getting caught short by a changing housing market. read more...
Hampton Roads faces tough real estate market "We have a lot more listings on the market now" Reported by: Sula Kim Thousands of homes in Hampton Roads are on the market, and experts say they're staying
Home builder puts pedal to the metal When Meritage Homes Corp. moved into Central Florida late last year, the company was starting from scratch, with zero land on which to build.read more...