by Noteworthy | Apr 22, 2011 | Topics
Home resales rose 4 percent last month, according to the March Existing Home Sales report. A total of 5.1 million homes were sold on an annualized, seasonally-adjusted basis. The strong results re-establish the national, long-term trend toward rising home resales....
by Noteworthy | Apr 21, 2011 | Topics
by The Library of CongressMoody's Investors Service revised the ratings outlook for PulteGroup Inc. (PHM: 7.78 -4.54%) from positive to stable this week over concerns the homebuilder's operating performance and the industry's return to a more stable...
by Noteworthy | Apr 21, 2011 | Topics
According to the Census Bureau, seasonally-adjusted, single-family Housing Starts rebounded in March, increasing 8 percent over February’s 2-year low. We can’t put too much faith in the data, however, because for the second straight month, the government...
by Noteworthy | Apr 20, 2011 | Topics
by The Library of CongressFitch Ratings downgraded twelve classes of commercial mortgage pass-through certificates held in the Wachovia Bank Commercial Mortgage Trust – Series 2007-C30 due to the possibility of higher loss expectations on underlying commercial...
by Noteworthy | Apr 20, 2011 | Topics
Homebuilder confidence is falling — a good sign for buyers of newly-built homes. According to the National Association of Homebuilders, the Housing Market Index slipped one point to 16 in April. It’s the 5th time in 6 months that the index read 16 —...
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