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Data on industry output, home building boost hopes
WASHINGTON - Hopes that the economy can sustain its recovery drew support Wednesday from news that industrial ouput rose for a seventh straight month and home construction hit a six-month peak in January.
People:Barack Obama Activities:2008 U.S. Real Estate Crisis Source:(AP)
2010-02-17
Foreclosures down in January, but surge on way?
The number of U.S. households facing foreclosure in January increased 15 percent from the same month last year, and a surge in cash-strapped homeowners who've fallen behind on mortgages could be on the way.
Nations:U.S. Activities:2008 U.S. Real Estate Crisis Source:(AP)
2010-02-11
Latvian ghost town auctioned off for $3.1 million
SKRUNDA, Latvia - Latvia sold a deserted town built around a Soviet-era radar station to a Russian investor who bid $3.1 million at an unusual auction Friday, officials said.
Nations:Latvia Russia Source:(AP)
2010-02-06
December home sales down nearly 17 percent
WASHINGTON - Sales of previously occupied homes took the largest monthly drop in more than 40 years last month, sinking more dramatically than expected after lawmakers gave buyers additional time to use a tax credit.
Activities:2008 U.S. Real Estate Crisis Source:(AP)
2010-01-25
Owners: $5.4B NY housing complexes go to creditors
NEW YORK - Like many homeowners who owe more than their properties are worth, the heavy hitters behind the most expensive real estate deal in U.S. history are giving up the two massive apartment complexes they bought during the nation's housing boom.
Nations:U.S. Activities:2008 U.S. Real Estate Crisis Source:(AP)
2010-01-25
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