November 2009

Tweet With the foreclosure crisis showing no signs of relenting, the Obama administration plans to expand a program aimed at helping people remain in their homes. The goal of the announcement, expected Monday, is to increase the rate at which troubled home loans are converted into new loans with lower monthly payments, Treasury spokeswoman Meg [...]

Tweet Individuals with more than $800,000 to invest plan to increase their property holdings because they foresee better long-term returns than from stocks and bonds, according to a Barclays Plc global survey. Twice as many people plan to raise their investment in commercial and residential property as intend to reduce it, the Barclays Wealth unit [...]

Tweet Lennar has 25 homes that may close by December at several communities throughout the Las Vegas Valley and are move-in ready, just in time for the holidays. “We are extremely focused on selling our remaining inventory homes by our fiscal year-end,” said Roger Seaholm, director of sales for Lennar Las Vegas. “That is why [...]

Tweet Despite unemployment woes and an economy that is still struggling, the Washington-area housing market continues to be active. Sales chances are high, prices are stable and buyers are busy – especially in Virginia, the District and nearby Maryland counties. Even this autumn, when the market typically slows down, buyers are keeping things humming. Notice [...]