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The Bleak U.S. Jobs Picture (BusinessWeek Online)BusinessWeek Online - U.S. job losses in June rose to 467,000 as the national unemployment rate rose to 9.5%. This follows a decade where job creation in the private sector hovered in the 1% range. In our feature segment, Chief Economist Michael Mandel explains why job growth has stalled, its importance, and what can be done to reverse this trend. Plus, the latest on the troubled housing market and Wal-Mart's (wmt.) unusual alliance with a labor union.U.S. home prices seen down over 40 percent: Barclays (Reuters)Reuters - U.S. housing prices will fall by a double-digit percentage from already beaten-down levels, resulting in an overall 40 percent plunge by the time foreclosures peak in the second half of 2010, Barclays Capital economist Michelle Meyer said.Fannie, Freddie ease terms for mortgage refinance (Reuters)
Dollar slips vs euro, pound on mixed economic data (AP)AP - The dollar was lower against most major currencies Wednesday on mixed economic reports that showed more stable manufacturing activity and a rise in pending home sales.Home Sales Perk Up, but Expensive Houses Languish (Time.com)Time.com - Home sales are improving lately, but it's the small starter homes that sell, while big expensive houses go unlovedGov't foreclosure help will reach more homeowners (AP)AP - The Obama administration is expanding a program to stave off foreclosure for borrowers who owe more than their homes are worth.Freddie Mac gets another $6.1B from gov't (AP)AP - Battered mortgage giant Freddie Mac received $6.1 billion in new funds from the Treasury Department to help offset its mounting liabilities, according to a regulatory filing submitted Wednesday. |
Streetscapes | 440 East 56th Street: For a Lullaby, the Bip-Bop-Bip of Tennis...The apartment building at 440 East 56th Street is an exemplar of how modernism and humanism can coexist.Habitats: The Traveling Circus Stops HereTwo clowns who perform in some of the most troubled places on earth practice in a walk-up near 128th Street.Away: A Jazz Voice Finds a Mellower RangeWhen it?s time for the jazz singer Sheila Jordan to work on arrangements, she heads to Middleburgh, N.Y.Property Values: What You Get for ... $400,000A bungalow in Spokane, Wash., a four-bedroom Georgian in Lexington, Ky., and a house in a St. Louis suburb.Organic Farms as Subdivision AmenitiesDevelopers are trying to make lots more attractive by putting crops in the ground.International Real Estate: For Sale in ... IcelandIceland?s real estate market boomed for much of the last decade, but now many people are being forced to sell.High & Low | Coeur D?alene, Idaho: Outdoors for All SeasonsResidents of Coeur d?Alene, Idaho, a city of about 42,000 surrounded by lakes and protected forest, like to compare it to living in Lake Tahoe without the high prices.Sharp Price Drops in Manhattan ApartmentsGrim figures reflecting the downturn?s darkest months came as brokers said sales had been improving recently.Living in the Heart of the VillageWhen Linda and Lee Bigelow decided they wanted to be part of the village life in Southern France.A Trying Time in Housing for ElderlyTough economic times have meant that only 54 or 240 units at Fox Hill have closed in the six months since the project was completed.Renters Get Swindled and ScammedNew York City?s tough rental market can make scams harder to spot.Habitats: For a Family, Elaborate Elbow RoomThe Brown family is the fifth set of owners in a grand 24-room Victorian mansion steeped in history in Staten Island. |
Reuters - The Obama administration on Wednesday expanded its foreclosure prevention efforts to help a greater number of underwater homeowners refinance their mortgages.High Class Blogs Bookmarks - Real Estate
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Real Estate @ Realtor.com - Search for a new home or find mortgage rates, real estate agents, and relocation services throughout . . . Real Estate @ Yahoo - Find Real Estate including homes for sale, new houses, rentals, foreclosure properties as well as mortgage calculators and rates on Yahoo! Real Estate. Real Estate @ Century 21 - Century 21 has real estate agents and brokers who can handle all of your real estate needs. Use our website to find and office or agent in your area. |
Real Estate @ Coldwell Banker - Real Estate from Coldwell Banker ®. Buying a home, selling a home, or finding a real estate agent is easy with Coldwell Banker. Real Estate @ Washington Post - Washington, DC, Virginia and Maryland homes, real estate news and headlines. Real Estate @ Re/Max - Search for homes; find a RE/MAX agent or office; and learn all about real estate, mortgages and moving assistance. |
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