Clik here to view.
Homebuilders’ confidence in sales prospects ebbs
U.S. homebuilders are feeling slightly less confident about their sales prospects, a reflection of the sluggish start to this spring’s home-selling season. Even so, builders’ overall sales outlook...
View ArticleClik here to view.
Standard Pacific, Ryland Group to merge in $5.2B deal
Two major homebuilders, Standard Pacific and The Ryland Group, announced a merger agreement Sunday in a deal that would form a single company with what they say would be an equity market capitalization...
View ArticleClik here to view.
Existing home sales jump 5.1% in May
Existing home sales bounced up at the highest pace in nearly six years in May, resuming improvement in the housing market after an unexpected decline in April. Sales rose 5.1% to a seasonally adjusted...
View ArticleClik here to view.
Mortgage rates fall amid global uncertainty
Mortgage rates took a step back from year-high levels this week as uncertainty in world financial markets continues to rankle investors. According to mortgage giant Freddie Mac, the rate on a 30-year...
View ArticleExisting home sales surge, prices hit record
Existing homes were sold at the fastest pace in eight years last month and the median sales price reached an all-time record high, the National Association of Realtors said Wednesday. Sales increased...
View ArticleClik here to view.
Critics pummel N.Y. economic development program
The criticism grew quickly as figures were released: The Start-Up NY program cost taxpayers $53 million in ads, and the program created 76 jobs. The initiative, heavily promoted in TV commercials,...
View ArticleHousing data, inflation and the Fed
Incoming fresh data this week on consumer inflation and housing will collide with the release of minutes of last month’s Federal Reserve meeting and perhaps offer clues as to whether the U.S. central...
View ArticleClik here to view.
New-home sales come back, jump 5.4% in July
Americans stepped up their purchases of new homes in July, with sales surging in the Northeast. The Commerce Department says new-home sales rose 5.4% last month to a seasonally adjusted annual rate of...
View ArticleNew York OKs $15 minimum wage for fast-food workers
New York state will gradually raise the minimum wage for fast-food workers to $15 an hour — the first time any state has set the minimum that high. Gov. Andrew Cuomo’s administration formally approved...
View ArticleClik here to view.
China issues blueprint for state industry overhaul
China’s Communist Party has issued a long-awaited blueprint for overhauling bloated state industries even as it aims to retain the party’s dominance in the economy. The plan comes at a time when the...
View ArticleClik here to view.
Housing starts slump 3% in August; weekly jobless claims fall
Builders broke ground on fewer houses and apartment complexes in August, a possible sign that the housing market may be leveling off after accelerating for much of the year. Housing starts last month...
View ArticleClik here to view.
Home prices in July rose 5% from a year ago
U.S. home prices rose at a solid pace in July, as would-be buyers competed for a diminished supply of available housing. The Standard & Poor’s/Case-Shiller 20-city home price index climbed 5% in...
View ArticleClik here to view.
Apartments drive home construction gains in September
Construction companies built more apartment complexes in September, sparking a temporary rise in housing starts for a real estate market that otherwise appears to have crested during the summer....
View ArticleClik here to view.
Marriott International to buy Starwood Hotels for $12.2B
Marriott International (MAR) has agreed to buy Starwood Hotels and Resorts in a $12.2 billion deal that will make it the largest hotel chain in the world. The boards of directors of both companies have...
View ArticleClik here to view.
Concierge Realty Helps Owners Turn Unused Timeshare Weeks Into Cash
Concierge Realty helps timeshare owners monetize investment to offset maintenance fees. You own a beautiful timeshare, but your job and other commitments are making it difficult to get away. With...
View ArticleKuester Management Group Offers Crash Course for New HOA Board Members
Kuester Management Group reveals some essential tips for new HOA Board members. Serving on the HOA Board is both honorable and rewarding, but for many volunteers it can also be daunting. Those who have...
View ArticleClik here to view.
Lennar profit beats on strong home sales, higher prices
Lennar, the second largest U.S. homebuilder, reported a better-than-expected 50 percent jump in quarterly profit as it sold more homes at higher prices. Chief Executive Stuart Miller said he remained...
View ArticleLocksmith ThornHill Emerges As Preferred Locksmith Professional
Locksmith ThornHill, a Toronto based company has emerged as the most preferred locksmith professional in the area. The company is offering high quality solutions at most reasonable prices. Locksmith...
View ArticleClik here to view.
Homebuilder confidence, outlook slip in January
U.S. homebuilders are feeling slightly less confident in their sales prospects ahead of the spring homebuying season, traditionally the peak period for home sales. The National Association of Home...
View ArticleIntegrity Home Pro Reveals How to Get the Most Value Out of Home Improvements
Integrity Home Pro shares some tips for making prudent investments in home improvement and remodeling. Many homeowners are aware that remodeling projects can ultimately add value. Remodeling and home...
View Article