Archive for March, 2010
30-year mortgage rates dip below 5% as market drags
Mortgage interest rates declined this week, lowering borrowing costs as the housing market’s recovery shows signs of slowing.
Case-Shiller home-price index inches higher, but some experts skeptical
The closely watched Standard & Poor’s/Case-Shiller index of 20 metropolitan areas rose 0.3 percent in January from December on a seasonally adjusted basis, but some experts warn that the struggling housing market could be headed for another dip.
Powerful Segale family has massive vision for Tukwila expanse
Powerful Segale family has a vision for Tukwila expanse that includes offices, condos, shops — and nearly as many workers as the Microsoft campus.
Instead of an economic shot in the arm, a shot in the foot
State leaders’ inability to balance the budget has stalled construction of low-income housing units. Wary Wall Street lenders are contributing to delays. The din of construction is missing from the eastern edge of the Hollywood Walk of Fame, where workers had hoped to break ground on a 70-unit affordable-housing complex months ago. No nail guns [...]
From bucolic bliss to 'gated ghetto'
Hemet’s Willowalk tract was family-friendly. Then the recession hit. The gated community in Hemet doesn’t seem like the best place for Eddie and Maria Lopez to raise their family anymore.
Home prices in California show strong, unexpected gains in January
L.A. leads the S & P/Case-Shiller index of 20 cities with a 1.8% increase from December. The index rises 0.3% overall, its eighth monthly increase in a row. Some see recovery; others, a mixed picture. A national index of home prices rose unexpectedly in January, with California cities posting strong gains, but some experts warned [...]
Staubach gets first pitch on Rangers' opening day
Hall of Fame quarterback Roger Staubach will throw out the ceremonial first pitch for the Texas Rangers on opening day.
Spring Hill Suites by Marriott opens at Tampa Palms Professional Center off Bruce B. Downs Blvd.
TAMPA – Sun Development and Management Group of Indianapolis has opened the Spring Hill Suites by Marriott on a 2.5-acre site at the Tampa Palms Professional Center, located in Tampa Palms on Commerce Center Blvd. off Bruce B. Downs Blvd.
Glimcher wraps sale of stake in 2 malls
Glimcher Realty Trust told investors Monday it has closed a deal to sell majority stakes in a pair of shopping malls to private equity provider Blackstone Group LP , a transaction the real estate investment trust called a shot in the arm for future growth.
Condo board problems? It's more constructive to help out than withhold dues.
I live in a condo community that I bought into in 1989. The association and community were fine for many years, but about five years ago things really started to change. The condo homeowners association board is being way too “frugal” with our money, to the effect of not getting landscaping done….