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Meredith Clarke (London Free Press) Brown to reveal housing market plan (Reuters via Yahoo! UK & Ireland News) Flint gaffe reveals ministers' fears of housing slump (Independent) Homes for sale number rises to above 1m (Daily Telegraph) Mortgage cos. reveal damage from housing crisis (AP via Yahoo! News) Minister lets slips fears over housing (AFP via Yahoo! News) Housing minister Caroline Flint’s blunder reveals 10% slump but it’s not official – yet (Times Online) Hidden Lake Receives Award from National Association of Home Builders (Business Wire via Yahoo! Finance)
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Home builders grow event Not just any event can fill the Lamplighter Inn's Crystal Ballroom to its capacity, but the London Home Builders' Association did just that last Thursday when it paid tribute to the outgoing president and welcomed its new president.
Prime Minister Gordon Brown will set out plans on Wednesday to shore up the creaking housing market as part of a drive to reverse a slide in support for his government.
House prices are set to fall by 5 to 10 per cent "at best" this year – but ministers have no idea how badly the market could slump, according to confidential cabinet documents accidentally revealed by the Housing minister, Caroline Flint.
More than one million unsold properties are on the market, as homeowners take the longest time on record to sell their homes.
Broad damage in the mortgage industry was in full view Monday as a number of companies posted dismal first-quarter earnings, but there were also some hope that the worst of the housing crisis is over.
A minister let slip fears about the state of the country's housing market Tuesday by inadvertently showing briefing notes as she arrived for a meeting.
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.
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.