BuildFax Remodeling Index Residential remodels authorized by building permits in the United States in April were at a seasonally-adjusted annual rate of 2,729,000. This is 2 percent above the revised March rate of 2,683,000 and is 12 percent above the April 2011 estimate of 2,447,000. Seasonally-adjusted annual rates of remodeling across the country in...
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Residential Remodeling Index increases 2 percent in April
Arizona Lands sells for 8 percent of peak price
From Bloomberg: Arizona Land Sells for 8% of Price Calpers Group Paid at Peak (ht Justin) A 10,200-acre desert site in Arizona sold for .5 million this week, five years after a group with investors including the California Public Employees’ Retirement System paid 0 million for the land. … The site … had been...
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Navy Federal Introduces 100 Percent Mortgage to Make $7bn Origination Goal
The world's largest credit union said it's prepared to originate bn in mortgage and refinance originations in 2010, and announced it will offer 100% financing to its members for loans up 0,000. Navy Federal Credit Union said it originated more than .2bn in mortgages and refinance loans in 2009. The Virginia-based credit union is...
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