Category Archives: Economy

Housing Market Downturn Creating Stronger Real Estate Firms (RealEstate.com)

Housing Market Downturn Creating Stronger Real Estate Firms
January 27, 2010 by David Elliot
A real estate industry expert predicts that the housing market downturn will ultimately create much stronger, more efficient real estate firms. Stan Ross, chair of the University of Southern California Lusk Center for Real Estate, is convinced that firms which make the right [...]

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NYC gets stimulus funds for affordable housing

Three developments in Harlem, one in Brooklyn will receive $60 million in federal money, Mayor Bloomberg and Gov. Paterson announced.
(AP) – Four new housing developments are going up in New York City, with the help of federal stimulus money.
Gov. David Paterson and Mayor Michael Bloomberg are announcing that three will be in Harlem and one [...]

Also posted in Affordable Housing, New York Market, Stimulus | Comments closed

Money Watch: Home Sales Rising

Pending home sales rose in June for the fifth straight month. The number of homes that entered a contract to be bought jumped more than 3 and 1/2 percent.
http://wcbstv.com/video/?id=131047@wcbs.dayport.com

Also posted in New York Market | Comments closed