Due to volatile home prices and subprime uncertainties, more people are delaying buying, causing apartment rents to rise. Darren Keast and his wife, both 32, would like to move out of their one-bedroom apartment in San Francisco, buy a bigger home in the suburbs, and start a family. via BusinessWeek
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| GIC Real Estate in consortium to acquire, develop Melbourne site Channel News Asia, Singapore - By Loh Kim Chin, Channel NewsAsia | Posted: 18 July 2007 2032 hrs SINGAPORE : GIC Real Estate has teamed up with CFS Retail Property Trust and The Myer ... Singapore's GIC, 2 others to buy, redevelop Myer Melbourne site ... Consortium buys Myer's Melbourne site AUSTRALIA: Consortium Acquires Myer??™s Melbourne Outlet |
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RISMEDIA, July 19, 2007??”Two million older Americans could tap into the equity they have built up in their homes by obtaining reverse mortgages if Congress passes legislation to modernize HUD's Federal Housing Administration (FHA), according to a U.S. Department of Housing and Urban Development estimate released this week.HUD Secretary ...
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AP - Subprime borrowers are having growing problems making their mortgage payments, and there has been evidence of outright fraud in some low-documentation loans.
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By Bill MilesRISMEDIA, July 19, 2007??”The offline strategies that have made niche marketing successful for decades apply equally as well online in today??™s search engine economy.? ? For as long as there have been real estate agents, niche marketing has been a viable strategy to attract buyers and sellers.? Whether your ...
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Despite government calls for tougher regulation in the subprime mortgage market, brokers and lenders don't seem to be getting their guidance from Washington. Instead, they're turning to Wall Street.
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Federal and state banking regulators on Tuesday said they would step up their scrutiny of lenders that make home loans to people with shaky credit, focusing on companies that operate outside federal banking oversight.
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FT.com - European equity markets sank on Wednesday after subprime concerns resurfaced following the announcement by Bear Stearns (NYSE:BSC) that two of its hedge funds, both backed by subprime loans, were "virtually worthless".
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Reuters - Federal Reserve Chairman Ben Bernanke told Congress on Wednesday housing market woes could dampen an expected pickup in U.S. economic growth, but he restated that the central bank's main worry is inflation.
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