U.S. homebuilders grew more confident in the housing recovery in August, as many reported that prospects for sales are the best they’ve been since the home bubble burst five years ago.
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Charlotte officials say they have enough hotel and motel rooms to handle the crowds. But some residents listed their homes just in case people wanted an alternative to hotels. They're banking on landing visitors who didn't plan ahead and also targeting big groups with deep pockets.Read More »
The number of homes that received an initial notice of default – first step in the foreclosure process – was 6 percent higher in July than last year, foreclosure listing firm RealtyTrac said. Filings of initial default notices have increased on an annual basis three months in a row.
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LOS ANGELES — More homes started on the path to foreclosure in July, even as lenders pulled back on home repossessions. The number of homes that received an initial notice of default — first step in the foreclosure process — ...Read More »
U.S. homeowners are getting better about keeping up with their mortgage payments, driving the percentage of borrowers who have fallen behind to a three-year low, according to a new report.Read More »
The old Hudson rail yards on Manhattan's West Side might have become the Olympic stadium if the city had won the summer games when it bid on them years ago. Instead, a $15 billion small city within a city will soon start rising on the 26 acres of land by the Hudson River, with the construction on the first building set for this year.Read More »
In the foreclosure-battered inland stretches of California, local government officials desperate for change are weighing a controversial but inventive way to fix troubled mortgages: Condemn them.Read More »
Americans bought fewer homes in June than May, indicating the weak economy could make a modest housing recovery choppy.Read More »
Home construction is making a long-awaited recovery that could help energize the U.S. economy. Builders are responding to interest from buyers attracted by cut-rate prices, record-low mortgage rates and rising rents, which have made a home purchase comparatively appealing.
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