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Below are the latest real estate news headlines for buyers and sellers.
Business Wire
MSN(R) Article Ranks Electronic Appraiser (EA) First in Home Value Tools
Consumers Flock to Electronic Appraiser to Value Properties, More Than Doubling Traffic Over the Last 30-Days BOCA RATON, Fla.Read Aricle
June 7, 2006 14:00:00 EDT
WSJ.com: Real EstateHome Magazine a Victim of Housing Woes The publisher of Home said it is pulling the plug on the struggling magazine. The downturn in the real-estate market has cast doubt on reader and advertiser appetite for "shelter" publications that tell people how to spruce up their homes.Read Article Thu, 21 Aug 2008 00:38:00 EDT FDIC Unveils IndyMac Plan The FDIC unveiled a plan to help borrowers of failed thrift IndyMac in order to keep consumers in their homes and limit the government's potential losses.Read Article Wed, 20 Aug 2008 20:13:00 EDT Debt Costs Stoke Fears for Freddie Freddie Mac was forced to offer unusually rich terms in a $3 billion auction of its debt, fueling concerns about a possible bailout for the mortgage giant and its sibling, Fannie Mae.Read Article Wed, 20 Aug 2008 14:32:00 EDT Wachovia Unloads Troubled Loans A venture headed by LandCap is buying $40 million in troubled land and construction loans from Wachovia.Read Article Wed, 20 Aug 2008 15:13:00 EDT Housing's Chill Hits Apartments The specter of job losses is beginning to take a toll on apartment buildings as would-be renters are doubling up in apartments or moving in with friends and families.Read Article Thu, 21 Aug 2008 00:25:00 EDT Housing Downturn Hits Home Depot Home Depot's profit fell 24% on lower sales as the home-improvement retailer struggled to sell big-ticket items. (Home Depot conference-call transcript)Read Article Tue, 19 Aug 2008 22:10:00 EDT Mortgage Securities Stir in U.K. Alliance & Leicester, a British bank, sold about $745.7 million of high-quality bonds backed by home loans this week in a rare sign of life in the market for mortgage securities.Read Article Tue, 19 Aug 2008 21:48:00 EDT Here's Donald, to Assist Ed McMahon Donald Trump is negotiating a deal that would allow Ed McMahon to avert foreclosure and remain in his Beverly Hills, Calif., home.Read Article Wed, 20 Aug 2008 15:30:00 EDT Japan Developers' Woes Grow Japan has seen a raft of property developers go to the wall this year as banks have refused to refinance their loans. Analysts say the bankruptcy filings are likely to set off a vicious cycle that will weigh on the sector's shares in the coming months.Read Article Wed, 20 Aug 2008 21:02:00 EDT Skyline Gets Facelift Ahead of Asian Games Ultramodern skyscrapers, new stadiums and a 610-meter-high television and sightseeing structure are in the works in Guangzhou, China's manufacturing hub, as it prepares to host the Asian Games in 2010.Read Article Tue, 19 Aug 2008 19:48:00 EDT
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