Archive for December, 2008
HomeRun Homes Expands Their Reach in the Rent to Own Homes Market – 1888 Press Release (press release)
HomeRun Homes Expands Their Reach in the Rent to Own Homes Market1888 Press Release (press release), TX - 4 hours ago Ronkonkoma, New York, December 31, 2008 – As homes For Sale By Owner (FSBO) are sitting dormant without offers in most markets, sellers (and buyers) are …
World stocks mixed after more grim US housing news
World stock markets were listless Tuesday in light pre-Christmas trading as early gains were erased by the latest batch of woeful U.S. economic data. Most markets were up earlier in the session but the gains were erased by news from the National Association of Realtors that existing U.S. home sales slumped by 8.6 percent in [...]
Who's in control? Forest City and the indirect subsidy value of its 'entitlements'
After that, Forest City Ratner gained its “entitlement,” a word favored by Forest City Enterprises CEO Chuck Ratner, a word that indicates that the developer controls the pace, a phrase used last month at a …
First-time buyers can get homes cheaply
Home prices are plummeting and foreclosures may be piling up, but the worst real estate downturn in decades is a godsend for certain people who traditionally are shut out of the market: first-time homebuyers.
Simon Property Group settles claim over gift cards
Connecticut’s attorney general says the owner of the Crystal Mall in Waterford has agreed to pay nearly $309,000 to settle alleged violations of the state’s gift card laws.
Ashford Girds For Tough Time
Ashford Hospitality Trust believes it is in good shape to weather the current economic downturn.
Mortgage Crisis Hits Home
A local family becomes the latest victim of landlord foreclosures.
Advice for renters if landlord faces foreclosure
You’re paying your bills, but your landlord isn’t. This is becoming an all too familiar scenario for thousands of renters who have become the unintended victims of foreclosures.
Mortgage re-defaults up; no sign of slowing
The rate of home mortgage borrowers defaulting after their loans are modified is rising and shows no signs of leveling off, U.S. banking regulators said on Monday.
Zacks Analyst Blog Highlights: Vodafone Group PLC, Sanmina-SCI…
Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets.