A National Mistake

The Nightly Business Report. "Susie Gharib: 'Our guest tonight believes this new government plan could help end the housing crisis. Joining us now, Mark Zandi, chief economist of moodyseconomy.com. Gharib: Why do you think this plan is going to work this time? So many of the previous ones just...
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Waiting For A Return To Normalcy

The Mat-Su Valley Frontiersman reports from Alaska. "For Roger Purcell, when it rains it pours. The embattled Houston mayor is facing a recall election slated for sometime in June on allegations he abused his power using police lights driving a police vehicle to Fairbanks to deliver a grant...
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Was Quality Compromised During The Housing Bubble?

This guest post is contributed by Nicole Adams, she writes on the topic of Construction Management. She welcomes your comments at her email id: nicole.adams83@gmail.com The great American dream of owning a home has come crashing for many of this country’s citizens with the housing bubble collapsing...
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A Teachable Moment

It's Friday desk clearing time for this blogger. "Spring is bringing the usual hope for the housing market in Greater Hartford. But the hope is tinged with worry. Federal programs, not just an improving economy, have helped the area's housing market regain its footing. And those are ending soon....
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The Artful Dodger In The Mix

The Mercury News reports from California. "Central Valley real estate agent Donny Piwowarski last year sold his four-bedroom, 3,500-square-foot house on a half-acre in Tracy for $387,000 — about half of what he paid for it in 2005. Under California tax law, Piwowarski owes tens of thousands of...
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Sometimes The Truth Is Ugly

The Steamboat Pilot reports from Colorado. "The rate at which homes in Routt County are selling suggests that it could be a year or more before the residential construction industry mounts a meaningful comeback. As of Thursday, said Realtor Doug Labor, there were 2,123 properties of all types...
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More Money Down The Tubes In Florida

The St Petersburg Times reports from Florida. "Developed in 2004 and sold largely to investors, Carriage Pointe offers an extreme example of the dilemma faced by area suburbs ravaged by foreclosures: Which is worse, an empty house or an unsuitable renter? Homeowner Kourtney Ingrati said she became...
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Pouring Perfume On A Pig

It's Friday desk clearing time for this blogger. "Construction hasn’t begun, but buyers are already signing the dotted line and claiming their spots in Ottawa’s largest condo project ever. A spot in the Tribeca high-rise isn’t exactly cheap: $650,000 is what it will cost for the largest unit – a...
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It’s All Upside And No Downside

The Toronto Sun reports from Canada. "Last year’s comeback for Canada’s housing market will carry through early 2010 but subdued activity is on the horizon as higher prices and interest rates make property less affordable, Scotia Economics says. The first half of 2010 will cap off a real estate...
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