Search 1) News For: Hud Homes Ns
HUD sees glut of homes, subprime loans The U.S. economy is suffering from a "fundamental oversupply" of homes and a glut of subprime mortgages scheduled to reset through 2010 that will continue to weigh on housing prices, Housing and Urban Development Secretary Steven Preston said. ...
Snip! Nearly One-Fifth of Homes Have No Landline By the end of the year one in five American households may well not have a home phone line. That’s the conclusion of a new report by Nielsen, which says that already 17 percent of homes rely entirely on cellphones .
Building of new homes drops 6.2% in August WASHINGTON - Construction of new homes and apartments fell to the weakest pace in 17 years in August, far more than expected. But lower mortgage rates and tax credits give builders glimmers of hope.
Finishing touches: Read Street neighborhood to get nine new homes The last stretch of vacant real estate on Read Street will have nine houses by next summer, 14 years after neighbors and the city began revitalizing the once troubled area. The Benedict-Allen Community Development Corporation is leading the $1.4 million project that will put six affordable homes and three market-rate homes on Francis Fair Court — named for the late Rev. Edward Francis and ...
Wakefield homes are hot The real estate market may be in a slump, but one Bay State community's homes are among the fastest sellers in the nation. Wakefield ranks seventh on a list of the...
Foreclosed Homes Can Have Dangerous Problems, Agent Says Some foreclosed homes can be left vacant for weeks or months with dangerous conditions, one local real estate agent said.
NC county to buy flood-damaged homes Mecklenburg County could spend more than $4 million to buy as many as 50 homes that suffered serious flood damage after Tropical Storm Fay and other storms. The Charlotte Observer reported Wednesday the voluntary program would be limited to homes damaged in floods on Aug. 27, after Fay drenched the Charlotte area, or Sept. 10. The homes also must be prone to future flooding. Melba Adams has one ...
Search 2) News For: Hud Homes Ns
Distressed homes are half of August sales Just over 50 percent of the homes sold in August were dumped by desperate owners trying to avoid foreclosure or by banks that seized them from borrowers who fell behind on their mortgages.
Housing construction plunges 6.2 pct. in August Construction of new homes and apartments fell to the weakest pace in 17 years in August, far more than expected, but lower mortgage rates and tax credits have given builders some glimmer of hope of a possible rebound.
Search 3) News For: Hud Homes Ns
U.S. Economy Faces `Fundamental Oversupply' of Homes, HUD Says Sept. 17 -- The U.S. economy is suffering from a ``fundamental oversupply'' of homes and a glut of subprime mortgages scheduled to reset through 2010 that will continue to weigh on housing prices, Housing and Urban Development Secretary Steven Preston said.
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