by | Nov 5, 2010 | Towing
For a while, it seemed the housing crisis had been averted. Now, Gary Shilling, president of economic consulting firm A. Gary Shilling & Co., says that things are likely to get worse. He predicts that housing prices could fall another 20%.
Continue reading Gary Shilling: Home Prices Could Fall 20% More
Gary Shilling: Home Prices Could Fall 20% More originally appeared on DailyFinance on Fri, 05 Nov 2010 08:33:00.
Filed Under: Economy, Investing, Real Estate, Video
by | Nov 5, 2010 | Towing
Beazer Homes USA (BZH) reported a loss of 81 cents per share for the quarter ended Sept. 30, compared with earnings of 84 cents per share a year earlier.
Revenue for the quarter fell to $274.8 million, from $365.6 million a year earlier, the company said in a statement. Beazer took a $26.5 million non-cash pre-tax charge related to inventory impairments.
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For the full fiscal year,…
Continue reading Beazer Reports Quarterly Loss of 81 Cents Per Share
Beazer Reports Quarterly Loss of 81 Cents Per Share originally appeared on DailyFinance on Fri, 05 Nov 2010 08:21:00.
Filed Under: Company News, Economy, Real Estate
by | Nov 3, 2010 | Towing
24/7 Wall St. analyzed large real estate transactions in the U.S. to come up with a list of the top 10 biggest deals. They’re surprisingly homogeneous: All are in Manhattan, occurred in the past 10 years — and most are office …
by | Nov 3, 2010 | Towing
Mortgage giant Freddie Mac posted a net loss of $4.1 billion for the third quarter, compared with a loss of $6 billion a year earlier.
The company paid a $1.6 billion dividend to the Treasury, which rescued the ailing company two years ago. Freddie M…
by | Nov 2, 2010 | Towing
Despite government efforts to keep people in their homes and record-low interest rates, the homeownership rate remains stuck at 1999 levels, according to the latest figures from the Census Bureau.
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