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23 Jun 2009 21:14

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Biz, U.S.: Ah, housing numbers. Per usual, they don’t make anyone happy.

  • +2.4% increase in sales of previously-owned homes in May, a number the National Association of Realtors say might be deceptive source

18 May 2009 21:41

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Biz, U.S.: What perked up the stock market today, anyway?

  • 3% increase in the market today, credited to housing optimism source

10 May 2009 13:53

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Biz, World: India’s Tata to offer cheap housing to go with your cheap car

22 Apr 2009 09:10

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Biz, U.S.: Freddie Mac’s acting CFO found dead in an apparent suicide

  • The circumstances David Kellermann, a 41-year-old Freddie Mac executive who lived in the D.C. metro area, was found dead early this morning at his home in an apparent suicide. Kellermann had long been an executive with the company in various roles, but only became acting Chief Financial Officer last year at the peak of the financial crisis. source
  • The circumstances David Kellermann, a 41-year-old Freddie Mac executive who lived in the D.C. metro area, was found dead early this morning at his home in an apparent suicide. Kellermann had long been an executive with the company in various roles, but only became acting Chief Financial Officer last year at the peak of the financial crisis.
  • Not a fun job Freddie Mac was one of the early victims of the financial crisis. After housing’s freefall hit them hard, the company was taken over by the government in September. They then became a quasi-governmental agency that took on big parts of Obama’s recovery plan. Kellermann became acting CFO around this time. source

24 Feb 2009 10:54

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U.S.: The market comes crashing down – hard – on houses

  • 18% tumbles in home prices during the fourth quarter of 2008 – the largest decline in the survey’s 21-year history source

18 Feb 2009 09:51

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Biz, U.S.: So, builders are building fewer houses. Who saw that coming?

  • 17% dip in housing starts in January – that’s a record source