Archive for January, 2010
Tax exclusions offer big benefit to home sellers
“The more you earn, the less you keep, And now I lay me down to sleep.
Existing-home sales take a big fall in December
Sales of previously owned homes took their biggest tumble in at least 40 years last month as the impact of a buying spree spurred by a tax credit for first-time buyers waned, according to industry data released Monday.
Mortgage lenders can sidestep new rules to prevent lowball estimates
The federal government’s efforts to eliminate settlement-cost surprises for home mortgage applicants may have opened the door to a new, and potentially costly, set of consumer problems.
Sales of new homes sink 7.6 percent
New home sales unexpectedly fell 7.6 percent last month, capping the industry’s weakest year on record. Business – Business and Economy – Construction and Maintenance – United States – Residential Housing
Randall-Paulson Architects launched or completed 35 major design projects in 2009
ROSWELL – Thirty-five major design projects, including facilities for health care, manufacturing, retail, educational, church organizations and six U.S. Post Office buildings, kept Roswell based Randall-Paulson Architects busy in 2009.
Home prices falling in Utah
Trying to purchase a house in Utah’s current economic climate has gotten a little easier if you’re a buyer, but many sellers are finding the market less then favorable.
Home sweet home
Sitting in the dining room of their cozy townhouse, Jodi and Justin Mayhew feel lucky to have found the home they did – and to be one of the first to take advantage of a new program designed to get homebuyers into foreclosed properties.
Housing `On Life Support' as Foreclosures, Unemployment Thwart Obama Plans
President Barack Obamaa s efforts to bolster the U.S. housing market, the trigger of the worst recession since the 1930s, may be undone by record unemployment and repossessions by lenders.
Norbord says U.K. housing market expected to lead slow recovery
The chief executive of wood panel manufacturer Norbord Inc. says he’s regaining optimism in housing markets, particularly in the United Kingdom where he sees the strongest signs of a pickup this year.
Housing Recovery Could Falter Once Housing Stimulus Ends
December’s drastic drop in existing home sales suggests that an artificially propped up market recovery lacks legs, raising real doubts about its sustainability.