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Latvian ghost town auctioned off for $3.1 million
SKRUNDA, Latvia - Latvia sold a deserted town built around a Soviet-era radar station to a Russian investor who bid $3.1 million at an unusual auction Friday, officials said.
Nations:Latvia Russia Source:(AP)
2010-02-06
December home sales down nearly 17 percent
WASHINGTON - Sales of previously occupied homes took the largest monthly drop in more than 40 years last month, sinking more dramatically than expected after lawmakers gave buyers additional time to use a tax credit.
Activities:2008 U.S. Real Estate Crisis Source:(AP)
2010-01-25
Owners: $5.4B NY housing complexes go to creditors
NEW YORK - Like many homeowners who owe more than their properties are worth, the heavy hitters behind the most expensive real estate deal in U.S. history are giving up the two massive apartment complexes they bought during the nation's housing boom.
Nations:U.S. Activities:2008 U.S. Real Estate Crisis Source:(AP)
2010-01-25
Bank suspends dealings with ACORN housing entity
WASHINGTON - Bank of America Corp. is suspending its work with the housing affiliate of embattled community organizing group ACORN. The decision comes as three Republicans in Congress ask Bank of America and 13 other financial institutions to give Congress a complete accounting of their dealings with the Association of Community Organizations for Reform Now or its affiliates.
Nations:U.S. Source:(AP)
2009-09-29
KB Home posts smaller 3Q loss
LOS ANGELES - KB Home posted a smaller third-quarter loss on Friday as it reduced costs and said new home orders increased, offering fresh evidence that the housing market is hobbling toward recovery.
Activities:2008 U.S. Real Estate Crisis Source:(AP)
2009-09-25
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Matches Shown: | 1-50 | 51-100
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REIT
