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Amid lackluster sales data released today Toll Brothers released its earnings showing a profit amid the unresolved issues in housing. The quarterly report cite’s its profitability thanks to tax gains. http://www.cnbc.com/id/38845421
New Homes Magazine is reaching out! – http://eepurl.com/ItyD
http://www.cnbc.com/id/37622791 By: Diana Olick CNBC Real Estate Reporter From your mouths to the Senate Majority Leader’s ears. You may recall on Tuesday we all discussed the home buyer tax credit, and specifically how many potential buyers rushed in to sign contracts by the April 30th deadline but wouldn’t make it to the June 30th closing [...]
K. Hov narrows loss, beats expectations. http://tinyurl.com/28j5x3v
Which is better Rent or Buy in today’s market? CNBC & Trulia has a great article to make sense of the mkt http://www.cnbc.com/id/37489607
Existing home sales rose, 7.6% to an annual rate of 5.77 million homes, better than expected. http://www.cnbc.com/id/37314201
Now Is The Time For A New Shea Home – http://eepurl.com/yKVR
http://www.cnbc.com/id/37153056 The Administration isn’t officially considering it, maybe not “actively” considering it, not even taking a side on it per se. According to “staff” it was just a “musing.” At a small conclave of reporters, no cameras allowed, the Secretary of Housing and Urban Development was reportedly asked about the mortgage interest deduction, the importance of [...]
Alan Zibel, AP Real Estate Writer, On Thursday May 13, 2010, 1:38 pm EDT WASHINGTON (AP) — Mortgage rates fell this week to the lowest level of the year, as rates fell on U.S. government securities. Fixed mortgage rates closely track interest rates paid on long-term Treasury bonds. The average rate on a 30-year fixed rate [...]
http://www.cnbc.com/id/37061639 Famed Housing Bear, John Paulson, talks about the future of housing and his “call” of the bottom being in. Housing Prices to rise some 3-5% this year, with 2011 forecast to rise 8-11%. This bear turned bull spoke before the Senate and expressed his outlook for Real Estate. Read the Full Article
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