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News

Affordable Housing Investments Pay Off as Minnesota Leads Country With Highest Rate of Homeownership (Smart Growth Online)
The state leads the country with a 76.3-percent homeownership rate thanks largely to its investment of $1.6 billion over two years in affordable housing, said Minnesota Housing Finance Agency Commissioner Timothy E. Marx, counting among the aid recipients the nonprofit Hope Community organization, which has been working on transformation of the Phillips area, just south of downtown Minneapolis, ...

Local home builders optimistic about 2008 (BizJournals)
It was a less than jolly holiday season for Pittsburgh-area home builders, who are hopeful that 2008 will bring more reason for good cheer.

Getting buyers to bite (The Beacon News)
Realtors are not the only ones fighting for home buyers. Some home builders in the Fox Valley are showing that they, too, have what  it takes to lure buyers.

BUILDER Magazine's December Issue Helps Home Builders Rightsize in the New Year (PRWeb)
Home builders are combating market decline with building innovation and company reorganization, reveals BUILDER Magazine's December issue. (PRWeb Jan 3, 2008) Post Comment:Trackback URL: http://www.prweb.com/pingpr.php/U2luZy1JbnNlLUNyYXMtU2luZy1Mb3ZlLVplcm8=

Paulson: No Easy Fix to Housing Woes (Time Magazine)
The Bush administration is working to combat the country's severe housing crisis but there is no simple solution, Treasury Secretary Henry Paulson said Monday

US mulls fresh steps to ease housing slump: Paulson (AFP via Yahoo! News)
US Treasury Secretary Henry Paulson said Monday that the housing market's woes are far from over, and that the government was studying fresh measures to minimize economic harm.

THE Journal homemaker will return next Saturday after its usual Christmas and New Year break. (The Journal)
Next Saturday’s homemaker will see the launch of a new competition to win your mortgage or rent paid for six months, plus hundreds of homes for sale, property news and features, interiors ideas and gardening.

Livonia man IDed as victim in Zug Island explosion (Detroit Free Press)
A contract worker killed in a gas line explosion on Zug Island has been identified as Thomas Michael Pichler Jr.

Atlanta Real Estate Website Launches New Home Search Technology & Design (PRWeb via Yahoo! News)
Realsourcebrokers.com has an unprecedented new home search tool that provides information on Atlanta homes for sale and homes sold.

Home builders cheating victims again, some say (The Columbus Dispatch)
To the outrage of many of their victims, Stephen and Cathryn McCathern were released from prison in June 2006 more than three years early.

Sublease space may hold back office market (BizJournals)
When CompuCredit Corp. and Capmark Financial Group Inc. put nearly 135,000 square feet of office space back on the market late last year, it confirmed what many already knew -- the subprime mortgage crisis wasn't just a problem for home builders and real estate agents. (BXC)

Remarks by Treasury Secretary Henry M. Paulson, Jr. on Housing and Capital Markets before the New York Society of ... (United States Department of the Treasury)
Good afternoon. I will provide an update on the U.S. housing and capital markets and, at the beginning of this new year, an outlook for the U.S. economy.

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