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25 Oct 2009 14:03

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U.S.: Nobody wants to move to Detroit. An auction won’t change that.

9,000 properties in the Detroit area were auctioned off recently. The starting bid was $500. Less than a fifth of them sold. Wow. source
Posted by Ernie Smith • 0 Comments • Permalink

23 Oct 2009 12:48

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Biz, U.S.: After August fall, home sales get significantly better in September

  • 9.4% boost in pre-owned home sales from August source
Posted by Ernie Smith • 0 Comments • Permalink

19 Oct 2009 09:46

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U.S.: Here’s a sobering statistic on the homeless in this recession

  • 10% of those helped in the last year lost homes to foreclosure source
Posted by Ernie Smith • 0 Comments • Permalink

26 Aug 2009 11:16

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Biz: New home sales bounced back big-time in July

  • 9.6% jump in new home sales, the biggest in four years source
Posted by Ernie Smith • 0 Comments • Permalink

27 May 2009 11:08

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Biz: Foreclosures make it easier for people to buy homes, just an FYI

  • 2.9% increase in existing home sales in April; sounds good
  • 45% of existing homes sold were from foreclosurse and short sales source
Posted by Ernie Smith • 0 Comments • Permalink

13 May 2009 09:09

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Biz, U.S.: Nothing like watching foreclosures accelerate in speed

  • April was a shocker. I would have bet on a dip because March foreclosures were so high.
  • RealtyTrack spokesman Rick Sharga • On April’s cruddy foreclosure numbers, which saw a record 342,000 homes receiving default notices. On the plus side, though, repossessions fell 11%. Still though, that’s like saying torture’s way up but beheadings are down. • source
Posted by Ernie Smith • 0 Comments • Permalink

06 May 2009 10:34

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Biz, U.S.: A good chunk of homeowners are swimming in debt

  • 21.8% of all homeowners – almost 20 million – owe more than their homes are actually worth
  • 67.2% of all homeowners in Las Vegas alone (!) gambled the wrong way with their homes source
Posted by Ernie Smith • 0 Comments • Permalink
 

21 Mar 2009 08:56

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U.S., World: The Iraq War has had a devestating effect on millions of civilians

  • 4.7 million civilians have been displaced during the war source
Posted by Ernie Smith • 0 Comments • Permalink

17 Mar 2009 10:10

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Biz: Well, they’re building new homes again. But is that good?

  • +22% increase in housing starts in February – not huge but pretty good
  • +82% increase in apartment building, which drove the overall gains source
Posted by Ernie Smith • 0 Comments • Permalink

04 Mar 2009 10:45

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World: How many people from Darfur have been displaced?

  • 2.5 million Darfuris have been forced to flee their homes source
Posted by Ernie Smith • 0 Comments • Permalink
 
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