Stop House Repossession » Update2

Housing Starts in U.S. Fell to 593,000 Pace in May (Update2)

admin — Thu, 17 Jun 2010 00:47:48 +0000

Housing Starts in U.S. Fell to 593,000 Pace in May (Update2)
Builders broke ground on fewer U.S. homes in May than anticipated after the expiration of a tax credit, indicating the real-estate market will struggle without government incentives.

Banks Face Short-Sale Fraud as Home ‘Flopping’ Rises (Update2)

admin — Sun, 13 Jun 2010 01:53:35 +0000

Banks Face Short-Sale Fraud as Home ‘Flopping’ Rises (Update2)
Two Connecticut real estate agents found a way to profit in the U.S. housing bust: Buy low, sell fast. Their tactic was also illegal.

Bollard Says N.Z. Could Raise Interest Rates in June (Update2)

admin — Thu, 29 Apr 2010 00:48:36 +0000

Bollard Says N.Z. Could Raise Interest Rates in June (Update2)
April 29 (Bloomberg) — New Zealand’s central bank said it could raise its benchmark interest rate from a record low as early as June as improving global demand buoys exports and underpins an economic recovery.