Reuters - Two top U.S. Federal Reserve officials on Thursday called for a more community-focused approach to the country's ongoing foreclosure crisis, which is weighing on its economic recovery.
Reuters - Pending sales of previously owned U.S. homes rose unexpectedly in July, an industry group said on Thursday, suggesting a tax credit-related housing market decline was close to bottoming.
AFP - US pending home sales rose dramatically in July, a trade group said Thursday, promising a much-needed boost to the sluggish housing market.
Real estate buyers are often confused by the news report of the economic situation. Here in Singapore, we read news of the robust economy in the country and in the region. On the other hand, we read news headline of 'Tighten your seat belt'. So, when is the best time to invest in real estate? The buyers themselves have the answers.
The Republic of Costa Rica is situated in Central America. The name itself means 'rich coast'. Costa was ranked number one as the 'greenest' country in the world. Costa Rica has been rated third in global environmental index. Hence, ecotourism is flourishing in this country and it is a major tourist attraction.
AP - Southern California's home-sale listings are beginning to resemble an index to the country's most famous mid-20th-century architects, with more marquee properties languishing on the market as the well-heeled become increasingly reluctant to buy.
The past two years have been brutal for the real estate market around the country. No region has been spared. Not New York, not Washington, and certainly not California.
AP - A weak housing market received a tiny boost from apartment construction last month. But the overall outlook remained dim as applications for building permits fell to the lowest level in 14 months.
AP - A weak housing market received a tiny boost from apartment construction last month. But the overall outlook remained dim as applications for building permits fell to the lowest level in 14 months.
Reuters - U.S. housing starts rose but to a much weaker rate than expected in July, while permits for future home construction fell to their lowest level in more than a year, according to a government report on Tuesday that pointed to a weak housing market.
Thursday, September 2, 2010
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