Wednesday, August 20, 2008

Real Estate News

Below are the latest real estate news headlines for buyers and sellers.

WSJ.com: Real Estate

Wachovia Unloads Troubled Loans
A venture headed by LandCap is buying $40 million in troubled land and construction loans from Wachovia.Read Article
Wed, 20 Aug 2008 05:01:00 EDT

Debt Costs Stoke Fears for Freddie
Freddie Mac was forced to offer unusually rich terms in a $3 billion auction of its debt, fueling concerns about a possible bailout.Read Article
Wed, 20 Aug 2008 03:41:00 EDT

Housing's Chill Hits Apartments
The specter of job losses is beginning to take a toll on apartment buildings as would-be renters are doubling up in apartments or moving in with friends and families.Read Article
Tue, 19 Aug 2008 22:27:00 EDT

Housing Downturn Hits Home Depot
Home Depot's profit fell 24% on lower sales as the home-improvement retailer struggled to sell big-ticket items. (Home Depot conference-call transcript)Read Article
Tue, 19 Aug 2008 22:10:00 EDT

Mortgage Securities Stir in U.K.
Alliance & Leicester, a British bank, sold about $745.7 million of high-quality bonds backed by home loans this week in a rare sign of life in the market for mortgage securities.Read Article
Tue, 19 Aug 2008 21:48:00 EDT

Fannie, Freddie Are Pounded
Shares of Fannie Mae and Freddie Mac plunged amid concerns that the providers of funding for U.S. home mortgages won't be able to avoid a government bailout.Read Article
Tue, 19 Aug 2008 04:04:00 EDT

Here's Donald, to Assist Ed McMahon
Donald Trump is negotiating a deal that would allow Ed McMahon to avert foreclosure and remain in his Beverly Hills, Calif., home.Read Article
Mon, 18 Aug 2008 08:53:00 EDT

Help for Home Buyers
When it comes to housing, it's a buyer's market -- especially for first-time home buyers eligible for new tax breaks.Read Article
Sat, 16 Aug 2008 22:35:00 EDT

New World China Executive Quits
Hong Kong's former top housing official Leung Chin-man stepped down as executive director and vice chairman of New World China, as the firm acknowledged that accusations of a conflict of interest had taken a political toll.Read Article
Mon, 18 Aug 2008 08:48:00 EDT

Skyline Gets Facelift Ahead of Asian Games
Ultramodern skyscrapers, new stadiums and a 610-meter-high television and sightseeing structure are in the works in Guangzhou, China's manufacturing hub, as it prepares to host the Asian Games in 2010.Read Article
Tue, 19 Aug 2008 19:48:00 EDT

Dennis Amaral  -  Davis & Amaral Mortgage Consultants
Ph: 916-933-9343   -  Fax: 916-933-9401
877 Embarcadero Drive Ste. 1
El Dorado Hills, CA 95762
www.davisandamaral.com

 

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