15 hrs ago | Blogging Stocks
Donald Trump pulls $100 million for his Palm Beach home
Despite the weak housing market, not everyone is feeling the pain, including Donald Trump who recently made a killing selling a home in Palm Beach for a reported $100 million . via Blogging Stocks
Yesterday | Daily News Sun
“One month does not make a trend”
The ailing housing market showed a glimmer of life last month with existing home sales in all but one West Valley community posting year-over-year gains. via Daily News Sun
Thursday | Calgary Sun
“These factors will continue to exert downward pressure on housing starts.”
Canada's housing market boom is over for the foreseeable future, but it won't be followed by the kind of bust that has characterized the U.S. subprime meltdown, say two real-estate reports released Thursday. via Calgary Sun
Wednesday May 14 | NWCN.com
TIMES: Slide in state home sales steeper here
“The total amount spent may be increasing, but the quality is also increasing, and the median masks some potential price weakness.”
Washington's home sales are down, and the dip is more pronounced in the Central Puget Sound region, which has the lion's share of the state's housing transactions. via NWCN.com
Wednesday May 14 | HGTV
Monday May 12 | KING5 Seattle News
Divorce rates dropping with real estate market
“If there's anything serious going on like domestic violence or other kind of abuse or ongoing infidelity anything that makes it untenable or dangerous to live together then there has to be an alternative”
During the Great Depression, the divorce rate dropped sharply. Couples couldn't afford to pay the legal fees to split up. via KING5 Seattle News
Saturday May 10 | The Hindu
DISCRETION HELPS: Adopt a cautionary approach while putting your house on sale. The news of someone selling a house brings to mind the scope for a cheap buy. via The Hindu
Thursday May 8 | Inside Bay Area
Pending existing home sales fall in March
“Conditions in the homebuilding industry remain challenging”
Fewer Americans signed contracts to buy previously owned homes in March for the second consecutive month as falling prices and tougher loan rules discouraged buyers. via Inside Bay Area
Wednesday May 7 | PR-inside.com
Pending sales of existing US homes falls to low in March as housing slump continues
Pending home sales dropped to a new low in March, an industry group said Wednesday, signaling the housing slump has yet to bottom out even as the spring sell season gets under way. via PR-inside.com
Wednesday May 7 | Bloomberg
Icahn's WCI Communities Loss Widens as Florida Home-Market Slump Deepens
WCI Communities Inc. , the Florida homebuilder whose chairman is billionaire Carl Icahn , reported its sixth consecutive loss as orders plunged in a state that's among the hardest hit by the housing slump. via Bloomberg







