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Economy - Tuesday (Investor's Business Daily via Yahoo! News) Housing Prices Tumble in Two-Thirds of U.S. Cities (Update1) (Bloomberg.com) Orleans lays out plan for adult community (News Transcript) Hidden Lake Receives Award from National Association of Home Builders (Business Wire via Yahoo! Finance) Housing minister Caroline Flint’s blunder reveals 10% slump but it’s not official – yet (Times Online) Iron County commissioners grant just 7 of 82 prairie dog removal requests (The Salt Lake Tribune) Flint's housing fears exposed in gaffe (Guardian Unlimited)
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The median sales price in metro areas fell 7.7% vs. a year earlier to $196,300, the worst since records began in 1979, the Nat'l Assoc. of Realtors said. Soaring foreclosures have reduced the value of nearby properties, said NAR chief economist Lawrence Yun. Prices fell in 100 of 149 U.S. cities, led by Calif.'s Sacramento, San Bernardino and Riverside. Also, homes for sale rose by 40,000 in ...
May 13 (Bloomberg) -- Housing prices fell in two-thirds of U.S. cities in the first three months of the year as a rise in foreclosures depressed property values and home sales tumbled 22 percent, the National Association of Realtors said.
MARLBORO - A proposed 168-home age-restricted adult community has been unveiled for the Planning Board and members of the public. Attorney Kenneth Pape, representing Orleans Home Builders, began presenting an application for Wildflower at Marlboro during the board's meeting May 7.
RALEIGH, N.C.----Hidden Lake, a community near Wake Forest, N.C., has received the prestigious "Green Project of the Year" Award from the National Association of Home Builders. Representatives from Crescent Communities, the developer of Hidden Lake, accepted the award at a ceremony in New Orleans on Sunday.
House prices will fall by up to 10 per cent “at best” in the next year, according to a private government assessment laid bare by a minister’s blunder. Caroline Flint, the Housing Minister, told the Cabinet to prepare for a worsening market yesterday. “We can't know how bad it will get,” she said.
Posted: 8:27 AM- PAROWAN - The federally protected prairie dog is slowing down development in Iron County. Home builders complain they have to wait as long as three years to obtain a prairie dog removal permit under the rules.
Housing minister admits she does not know if house prices will fall further than 5-10% in real terms