Mortgage Applications Down as Rates Rise
Washington, DC, Oct. 19, 2011 -- Mortgage application volume last week declined 15% from the prior week, the Mortgage Bankers Association said.
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Housing Starts Up on Surge in Apartments
Washington, DC, Oct. 19, 2011 -- Housing starts in September rose at the fastest pace in 17 months, according to the Commerce Department.
Short Sales Rising as Alternative to Foreclosure
New York, NY, Oct. 19, 2011 -- Bloomberg News is reporting that U.S. home prices may get a boost from short sales, which is typically better for banks than pushing the properties all the way through foreclosure.
Crossville Promotes Two to Executive VP
Crossville, TN, Oct. 19, 2011 -- Mark Shannon has been promoted to executive vice president of sales and DeWayne Galey has been promoted to executive vice president and chief financial officer at tile maker Crossville.
Conservative Economists Push for Housing Aid
New York, NY, Oct. 19, 2011 -- Conservative economists are increasingly pushing for troubled home borrowers to be bailed out by the government in some way.
Core Inflation Remains Tame in September
Washington, DC, Oct. 19, 2011 -- Gas and food prices in September sent the Consumer Price Index up 0.3% last month, according to the Labor Department.
Residential Remodeling Continues To Trend Higher
Austin, TX, Oct. 18, 2011 -- Remodeling activity reached a record high in August, according to property history firm BuildFax.
Builder Confidence Rises in October
Washington, DC, Oct. 18, 2011 -- Home-builder confidence in October rose by the largest amount since the ending of the home-buyer tax credit program, though it remains at weak levels, according to the National Association of Home Builders.
Producer Prices Rise More Than Expected
Washington, DC, Oct. 18, 2011 -- U.S. producer prices surged in September as energy costs increased, according to the Labor Department.
The Clean Trust Elects Board, Committee Members
Vancouver, WA, Oct. 18, 2011 -– The Clean Trust, formerly The Institute of Inspection, Cleaning and Restoration Certification, elected its 2011-2012 board of directors and executive committee during its mid-October meeting in Vancouver.