Showing posts with label U.S. Housing Market. Show all posts
Showing posts with label U.S. Housing Market. Show all posts
Monday, January 25, 2010

Tishman Speyer Properties surrenders 11,227-apartment complex to creditors

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The Peter Cooper Village and Stuyvesant Town complex in 2006. From Nicole Bengiveno/The New York Times This is from The New York Times: The ...
1 comment:
Friday, January 16, 2009

Senate gives Obama $350 billion in bailout funds to financial industry

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This is from The New York Times: WASHINGTON — President-elect Barack Obama’s economic agenda advanced rapidly in Congress on Thursday as the...
Friday, December 05, 2008

Foreclosures soar to a record 1.35 million

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There is not much more to say on this CNN.Com story: NEW YORK (CNNMoney.com) -- A record 1.35 million homes were in foreclosure in the third...
Thursday, November 13, 2008

Foreclosures spiked 25 percent on year-on-year high

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We've got more bad news in the housing market. From MSNBC News: MIAMI - The number of homeowners caught in the wave of foreclosures in ...
Saturday, September 06, 2008

Feds bail out Fannie Mae and Freddie Mac

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It is time to get away from the political news and talk about some economic news. From The New York Times: WASHINGTON — Senior officials fr...
Saturday, July 19, 2008

Gramm resigns from McCain campaign post

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After calling Americans a "nation of whiners," and saying that we're all in a "mental recession," it appears that fo...
Saturday, May 03, 2008

Housing continues to be a drag on the U.S. economy

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I found a number of MSNBC stories that continue to show the wreaked housing market is continuing to be a drag on the slowing U.S. economy: M...
Wednesday, March 26, 2008

Auditor allowed mortgage company to conduct “improper and imprudent practices” during housing boom

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This is damning. From The New York Times: In a sweeping indictment of one of the nation’s largest accounting firms, an investigator release...

Countdown--McCaint's "Economy of Ideas"

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I found this Countdown story on John McCain's big housing speech. It is amazing at how little McCain knows of the U.S. economy--of whic...
Tuesday, March 25, 2008

McCain derides Fed's bailout on housing crisis, while housing bust continues on

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I've been a little busy for the past two weeks engaged in some serious spring cleaning in the house--we're talking scrubbing everyth...
Tuesday, January 29, 2008

Home foreclosures were up 79 percent higher last year

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There is really not much more I can say about this CNBC story, except that the housing market is in a complete mess. From CNBC: The numbe...
Monday, January 28, 2008

New home sales plunge by record amount in 2007

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This is from MSNBC News: WASHINGTON - Sales of new homes plunged by a record amount in 2007 while prices posted the weakest showing in 16 ye...
Monday, January 07, 2008

Bush advisor: Housing crisis may bottom out in six months

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I found this little story through Americablog, and went to the source at CNBC: The drag on the U.S. economy from a deep housing slump shoul...
Wednesday, December 19, 2007

Morgan Stanley reports $9.4 billion write-down

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This is off The New York Times: Morgan Stanley reported the first quarterly loss in its 72-year history, heightening fears that the financia...
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Thursday, November 15, 2007

Barclays to write down $2.7 billion on subprime lending

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Well, it appears that the subprime mortgage mess has hit another big bank. From Marketwatch: LONDON (MarketWatch) -- Britain's Barclays...

One third of Americans worried about homelessness

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This MSNBC story really speaks for itself, when you consider just how bad this housing bust and subprime mortgage mess is wreaking the U.S. ...
Saturday, November 10, 2007

Wachovia loses $1.1 billion in securities due to housing crash

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This is from MSNBC News: NEW YORK - Another day, more writedowns on Wall Street. Wachovia Corp. on Friday became the latest major financial ...
Wednesday, November 07, 2007

Morgan Stanley to write down $2.5 billion

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This is off The New York Times: NEW YORK (AP) -- Morgan Stanley said Wednesday its fourth-quarter profit will be reduced by $2.5 billion in ...
Thursday, November 01, 2007

Dow drops more than 360 points

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This is off The New York Times: A bad day on Wall Street got even rougher late in the session today as the Dow Jones industrials closed down...
Saturday, October 27, 2007

Home ownership declines in longest slide since 1981

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This is off Bloomberg.com: Oct. 26 (Bloomberg) -- Homeownership in the U.S. dropped for a fourth consecutive quarter, the longest decline s...