Topic: Jack Mccabe
A South Florida builder is set to launch construction of a condominium near the town of Gulf Stream, a venture that will make it the first new planned condo in Palm Beach County and possibly the entire Southeast United States since the ...
Foreclosures are becoming less of a drag on Manatee County's housing market, figures released today show. Their share of local home sales has been gradually declining, while their sales prices are moving closer to what similar non-distressed properties are selling for ...
After an unprecedented surge during the boom years, the number of homes and condos on the market in South Florida has been plummeting for the past two years, posting 24 monthly declines that slashed the cache of for-sale properties nearly in half ...
NEW YORK (Reuters) - Goldman Sachs on Tuesday said it is launching a service to facilitate central clearing for clients in all listed and privately traded derivatives asset classes."The move to central clearing for over-the-counter derivatives is a significant turning point in ...
first-words">With luck, the Dubai debt fiasco will be the disaster that wasn't, but the Gulf State's recent financial sandstorm hasn't completely abated. "I don't think Dubai itself is large enough for its problems… to become a systemic ...
It's been over a year since the housing sector imploded. For example, recently the National Association of Realtors said pending home sales in New England, New York, New Jersey and Pennsylvania were up 36% in April from the previous month's ...
For the last two days investors have been confronted with a series of reports on the housing industry. On Tuesday, the Commerce Department announced housing starts in April dropped 12.8% from the previous month and building permits, a key barometer of ...
Housing Crunch Still Hitting Lennar. Investors sold home builder Lennar (LEN:14.82,+0.08,+0.54%) Tuesday after it reported a wider-than-expected loss and slashed promotional interest rates below 4% to push sales.. Investors opened another chapter on Borders Group (BGP ...
Luxury home builder Toll Brothers (TOL:18.40,+0.17,+0.93%) reported a fiscal first-quarter loss of 55 cents a share, an improvement from a 61 cents a share loss a year ago, but said the market for houses remains cloudy ...
LUXURY-HOME SHOPPERS HAVE COME DOWN with a bad case of cold feet. From Malibu to Manhattan, would-be buyers of $5 million-and-up properties are pulling out of pending deals and suspending their searches out of concern over jarring drops in the stock market ...
