Wednesday, June 3, 2009

Developments: Housing Shows Signs Of Stabilizing, But Rising Interest ... - Wall Street Journal

Home builders and housing analysts reported encouraging signs of stabilization in the market but cautioned that foreclosures and rising interest rates cloud the outlook. Two big builders, Toll Brothers Inc. and Hovnanian Enterprises Inc., said losses ..., more 
and FEMA may put storm victims in foreclosed homes - News-Press  Officials told The Associated Press that it is an effort to find some benefit in the foreclosure crisis and keep people close to their homes and communities instead of scattering them around the country. This happened when Hurricane Katrina ..., more 
and June 2009 - Weblogs.sun-sentinel.com  Homeowners with defective Chinese drywall have struggled to get lenders to suspend mortgage payments. Residents report they have to spend most of their time on the phone explaining to customer-service representatives in far-away locales (OK, India ..., more 

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