Posts Tagged ‘Homes’

Sales of Previously Owned Homes Fell 7.2% in January

Sales of Previously Owned Homes Fell 7.2% in January
Sales of previously owned U.S. homes unexpectedly declined in January for a second month, signaling the government’s extension of a tax credit is being limited by a lack of job growth

Read more on BusinessWeek

Hong Kong Raises Tax on Luxury Homes to Cool Market (Update1)

Hong Kong Raises Tax on Luxury Homes to Cool Market (Update1)
Feb. 24 (Bloomberg) — The Hong Kong government increased the transaction tax on homes selling for more than HK$20 million ($2.6 million) in an attempt to cool the property market.

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Paying “bribes” to keep people from defaulting on mortgages or trashing their homes during foreclosures

Paying “bribes” to keep people from defaulting on mortgages or trashing their homes during foreclosures
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Man says he did no wrong by renting out others’ homes

Man says he did no wrong by renting out others’ homes
Stephen Thomas Bybel had a business idea that would make him a landlord and line his pockets while sprucing up neighborhoods where homes in foreclosure were left to deteriorate and become targets of vandals.Pasco County sheriff’s officials see it another way: He broke into vacant homes, changed the locks and rented out other people’s houses. Bybel was arrested at his house Wednesday and was …

Read more on The Tampa Tribune

Sarasota won’t start fee for foreclosed homes

Sarasota won’t start fee for foreclosed homes
By DOUG SWORD Fee of up to $400 would have paid to clean up abandoned houses

Read more on The Sarasota Herald-Tribune

Pulte Homes Founder William J. Pulte Announces Plans to Retire

Pulte Homes Founder William J. Pulte Announces Plans to Retire
BLOOMFIELD HILLS, Mich.—-Pulte Homes announced today that William J. Pulte , company founder will retire from the Company and its Board of Directors effective March 31, 2010. Mr. Pulte’s position on the Board of Directors will not be replaced, reducing the Board size to 11 members.

Read more on Business Wire via Yahoo! Finance

Elgin to buy, repair, sell six foreclosed homes

Elgin to buy, repair, sell six foreclosed homes
For sale, by the city: Six older homes, all formerly multi-unit dwellings. All converted back to single-family residences. Sue Olafson, Elgin’s public information officer, said the city has been granted about $2.16 million in Neighborhood Stabilization Program funds from the U.S. Department of Housing and Urban Development to make the purchases, intending to fix them up and put them back on the …

Read more on The Courier News

China’s CCB to raise downpayments, rates on 2nd homes

China’s CCB to raise downpayments, rates on 2nd homes
* No details; part of overall plans for this year

Read more on Reuters via Yahoo! Malaysia News

Brookfield Homes reports smaller 4Q loss

Brookfield Homes reports smaller 4Q loss
Brookfield Homes Corp. said Wednesday its fourth-quarter loss narrowed from the year before as the homebuilder enjoyed increases in new orders and completed sales.

Read more on AP via Yahoo! Finance

Brookfield Homes Reports 2009 Year End Results

Brookfield Homes Reports 2009 Year End Results
Investors, analysts and other interested parties can access Brookfield Homes’ Supplemental Information Package on Brookfield Homes’ website under the Investor Relations/Financial Reports section at www.brookfieldhomes.com. Brookfield Homes’ year end investor conference call can be accessed by teleconference on Wednesday, February 10, 2010 at 11:00 am (Eastern Time) at …

Read more on Marketwire