Wimpey hit by property slowdown
Housebuilder George Wimpey has warned that its profits will be cut by a “considerable softening” in the UK housing market.
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Mortgage lending jumps in November (ShareCast via Yahoo! UK & Ireland Finance) Mortgage lending last month bounced by the largest figure since July 2004, as homebuyers confidence over the market continues to rise.read more...
Correct Shocking Shouldn't Ruin Pool Q. My pool-service company has a new strategy of shocking the pool each week to keep the chemicals stable. I worry that this will deteriorate my pool surface prematurely. It
Mortgage crisis could hit economy: Fed's Kroszner (Reuters via Yahoo! News) Turmoil stemming from subprime mortgage delinquencies could dampen demand for homes and ultimately slow U.S. economic growth, Federal Reserve Governor Randall Kroszner said on Thursday.read more...
Demand for Office Space Continues to Increase The office market expanded strongly in the second quarter as companies leased more space, a sign they expect to expand their work forces.via
Title insurance paybacks criticized (Reg Req'd) Legality questioned in Ariz. realty brokers, title insurers' deals Craig Harris The Arizona Republic Jul.via
Reverse mortgage (Detroit News) Appropriate for older borrowers who are "house rich" but cash poor, a reverse mortgage allows a homeowner to borrow against the equity in his home. The homeowner receives tax-free payments