Home Prices Continue To Decline in January
New York, NY, March 31, 2009--The Standard & Poor's/Case-Shiller 20-city housing index released Tuesday fell by a record 19 percent from January 2008.
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Sales of Vacation Homes Fall in 2008
Washington, DC, March 31, 2009--Sales of vacation and investment homes in the U.S. fell to 30% of all transactions of existing and new homes in 2008, the National Association of Realtors said on Monday.
Florida Tile Names New Chief Executive
Lakeland, FL, Jan. 13, 2009--Luca A. Zerbini has been named CEO of Florida Tile after having worked with the company for less than two years.
Michelman Adds Florida Distributor
Cincinnati, OH, March 31, 2009--Michelman has added J. Tech Sales, L.L.C., of Boca Raton, Fla. to its network of distributors.
Clodagh Continues Work With Bentley Prince Street
Los Angeles, CA, March 30, 2009--Well known designer Clodagh has developed a new collection for Bentley Prince Street called the Tucson Collection.
Mortgage Help, Foreclosures on Rise in February
Washington, DC, March 31, 2009--Nearly 250,000 homeowners in February received either mortgage modifications or repayment plans from their lenders, according to Hope Now.
British Homebuilder Reports First Half Loss
London, England, March 31, 2009--British homebuilder Bellway PLC on Tuesday reported a first-half loss of $50 million as the company marked down the value of its inventory of land and houses to reflect a depressed market.
Home Prices Rising, But at Low End of Market
New York, NY, March 30, 2009--Based on current housing market ask prices, there’s clear evidence that prices are increasing across the country so far this year, according to a story at Seeking Alpha.
Consumer Lending Holds Up in Midsize Cities
Washington, DC, March 30, 2009--Consumer-lending has increased in numerous midsize cities in the U.S., a sign they are riding out the recession better than big cities and rural towns, according to a story in the Wall Street Journal.
Builders See Confusing Info About 'Green' Material
Las Vegas, NV, March 30, 2009--A focus group held with eight homebuilders revealed that they have a limited knowledge about "green" building materials and are skeptical about sources of information on the subject.