Properties on the market in Florida, Minnesota and Washington By ANNA BAHNEY Published: June 25, 2008Continue Reading
Values
More to come….
One day auction set for Neumann
BY BILL CUNNIFF - Sun-Times Staff Writer
June 22, 2008
Twenty-six new homes and 23 partially completed homes are slated to be sold in an upcoming auction for a bankrupt home-building company. Continue Reading
Trying to stoke the embers
Last week I wrote about the Village of Manhattan’s plan to rebate up to $5,000 to buyers who build homes in that south suburb. The offer is innovative because it comes from a municipality instead of from anxious, price-slashing builders. Continue Reading
Builders try new ways to fuel market
Lennar results suffer in housing slump
Thu Jun 26, 2008 9:20am EDNEW YORK (Reuters) - Lennar Corp (LEN.N: Quote, Profile,Research, Stock Buzz), the second-largest U.S. home builder, on Thursday reported a smaller quarterly net loss on lower expenses, but the results were worse than expected as deliveries and new orders tumbled. Continue Reading
Pew! - One in 33 headed to foreclosure in next 2 years
“Is the American Dream slipping away? One in 33 current U. S. homeowners may be headed toward foreclosure in the coming years because of subprime loans, according to our new report, Defaulting on the Dream. In some states, the crisis is particularly acute - in Arizona for instance, one in every 18 homeowners could lose their home; in Nevada, the ratio is one in 11.” Continue Reading
…and now for a commercial break
FROM THE BLOG curbed.com
Retail Wars: Bank Backlash, and a Starbucks Says Goodbye

Is the tide turning against the proliferation of Manhattan chain stores? No, but it’s fun to speculate. Soon after some East Village business owners declared war on the likes of Starbucks and the Central Village unleashed its bank backlash, two more interesting bits of news have surfaced. First, a New York Press story on the long-vacant retail space at Broadway and West 87th Street. The family behind the Zabar’s grocery store owns the space, and the reason they have had trouble finding a tenant is partly because they refuse to rent to a bank. They want to find a retailer that will “add something to the community,” a list that apparently includes the likes of Uniqlo or Ricky’s, so we’re not talking revolution here. But still, interesting. And this morning,Racked has the scoop on the shuttering of the Starbucks at 21 East 8th Street, just north of Washington Square Park (teary signage above). Yes, a Starbucks in the heart of NYUville closed. We’re a little scared right now. Source
Its like buying an iphone, errr… worse
Freezing prices in cold market
To entice customers, some area home builders are promising that if they lower prices soon after a deal, the buyer will pay the lower figure

Harvard weighs in
Comment: What was lost when home values soared
Tue Feb 19, 2008 3:18pm ESTBy Nicolas Retsinas
BOSTON (Reuters.com) - For the past decade the financial “value” of housing soared. People who lacked the savvy to pick a Google or Amazon could reap double-digit returns by signing on the bottom line of a mortgage. Continuer Reading
LOCAL LOCAL LOCAL
Some Cities Are Spared the Slide in Housing By CLIFFORD KRAUSS and RON NIXON

