Posts Tagged ‘More
Dow falls more than 300 points as fear takes hold of U.S. markets
Diane Alter – AHN News Trivia Writer New York, NY, United States (AHN) – U.S. stocks plunged home and abroad as worldwide economic weakness continues to rattle investors. The Standard & Poor’s 500 Index fell by more than 3 percent, taking it 10 percent below its recent April 29 high of 1,363. The Dow Jones [...]
Census shows more empty homes in south suburbs
Residential housing vacancies increased across a swath of south suburbs, according to 2010 census data released today. The jumps were likely driven by foreclosures, and hit hardest in poor minority areas targeted by predatory lenders. View full post on All Stories
How More Homeowners Are Making Their Existing Homes Work (U.S. News & World Report)
U.S. News & World Report – When Travis Slocum and his partner contemplated selling their Washington, D.C., home this spring, they had high hopes of upgrading to a larger place. After all, in recent months, nationwide news has underscored falling home prices and historically low mortgage rates, both boons for would-be home buyers. View full [...]
Scott Bernstein: MSP needs more ‘location efficiency,’ less out-of-pocket spending on transportation | Cityscape
Scott Bernstein: MSP needs more ‘location efficiency,’ less out-of-pocket spending on transportation By Steve Berg | Wednesday, May 18, 2011 At the moment, governments and households share one overriding concern: saving money. Scott Bernstein has devised a formula – and a way of thinking – that should help on both fronts. cnt.org Scott Bernstein Bernstein [...]
Really? More bad news from nation’s builders
Real estate news and views from around the globe that make you go, “Really?” A 24% year-over-year drop in U.S. new home starts is just the latest sign of an anemic housing recovery. Interestingly enough, in Orange County, people stood in lines… View full post on All Stories
Downtown Tampa bustling with more residents
Mark Alma places his grandson, Parker Alma, 2, on a piano bench as his partner, James Englert, looks on. Alma and Englert, who live in an apartment in the Grand Central building in downtown Tampa, were among the first to buy there during the housing boom. View full post on All Stories
DealBook: Goldman Discloses More Subpoenas
The firm said in a regulatory filing that it had received more subpoenas related to Abacus and other collateralized debt obligations that it made during the mortgage boom. View full post on All Stories
Greece hit by new downgrade, EU ponders more help
Two major credit agencies signaled their concern about Greece’s massive debt on Monday, lending new credence to the view that European authorities must do more to help the country a year after it barely avoided bankruptcy with a bailout. View full post on All Stories
Slighly higher unemployment rate despite more jobs in April
Kris Alingod – AHN News Contributor Washington, D.C., United States (AHN) – The unemployment rate grew 9 percent in April despite the economy adding more jobs than was expected. The Labor Department said on Friday nonfarm payroll increased 244,000 during the period, boosted by gains in the service, manufacturing and mining industries. In the private [...]
More mortgage misery on the way as ECB to up rates
THE European Central Bank (ECB) is expected to signal this week that it intends to raise interest rates again next month. View full post on All Stories
