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SUNDAY, NOVEMBER 22, 2009
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NEWS ABOUT: houses

houses stories: 8 news summaries

Booby-Trapped Homes Pose Threat to Troops in Iraq

Insurgents load potential shelters with explosives

Oct 8, 08 7:41 PM CDT
(Newser) - For US troops in Iraq’s still-volatile Diyala province, abandoned houses can be a refuge—or a serious threat, the Wall Street Journal reports. Soldiers depend on abandoned houses to provide shelter as combat bases, but insurgents have taken to wiring the buildings with “house-borne improvised explosive devices,”... More »

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explosives • US military • bomb • US Army • houses • insurgency

Obama Flips 'Elitist' Tag
Onto McCain

Flap over number
of houses touches a nerve in both camps

Aug 22, 08 9:22 AM CDT
(Newser) - John McCain's inability to recall how many homes he owns could throw a wrench in his attempt to paint Obama as an elitist, the Washington Post reports. The furious back and forth between camps—the Obama team pounced and mocked, while McCain's charged hypocrisy and pulled out the Rezko card—... More »

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Barack Obama • John McCain • wealth • houses • campaign tactics • elitism

McCain Can't Quite Say How Many Houses
He Owns

Also nixes one-term idea in interview

Aug 21, 08 12:40 PM CDT
(Newser) - John McCain isn’t quite sure how many houses he owns, Politico reports. The presumptive Republican nominee responded to the question in yesterday’s interview with “I think—I’ll have my staff get to you.” He and wife Cindy are estimated to own between four and seven... More »

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John McCain • real estate • White House • houses • Election 2008 • wealthy men • George W. Bush

B&N Chief Gives $20M
for Katrina Relief

Money will support building of 20 new houses

Feb 26, 08 8:01 PM CST
(Newser) - The chair of Barnes & Noble and his wife are donating $20 million to New Orleans in what may be the biggest Katrina relief project yet, the AP reports. Leonard Riggio said today that the funds will build 20 new houses in a racially mixed neighborhood for lower-income families. Those... More »

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Hurricane Katrina • New Orleans • housing • houses • reconstruction • Katrina aftermath • Leonard Riggio • Louise Riggio • Barnes & Noble

Home Prices Suffer Record Monthly Drop

October figures exceed gloomy estimates, show continued slump

Dec 26, 07 12:25 PM CST
(Newser) - Home prices plummeted 6.1% in October, a record year-over-year drop that exceeded forecasts. The index of prices in 20 major markets has dropped every month this year and fell 1.4% from the September figure, another record. The trend threatens overall consumer spending, making it more difficult for homeowners... More »

MORE ABOUT:
housing market • mortgage • houses • home prices • home equity • mortgage loans • subprime crisis

Mortgage Crisis Hits Affluent Buyers, Too

Even borrowers with excellent credit
are now facing higher rates

Aug 7, 07 5:48 AM CDT
(Newser) - Mortgage tremors have rippled so far across the home loan market that even buyers of high-priced homes with good credit records are now being squeezed, the Wall Street Journal reports. Rates have surged on loans above $417,000 for prime borrowers—to 7.34% for a 30-year fixed-rate mortgage, up... More »

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real estate • subprime mortgages • Bear Stearns • mortgage • loans • hedge fund • houses • home loans • Fannie Mae • borrowers

Bear Stearns Axes Prez Over Fund Fiasco

Subprime woes reach executive suite after hedge funds implode

Aug 6, 07 5:09 AM CDT
(Newser) - Bear Stearns has fired its No. 2 and once-likely successor as CEO in the wake of  the collapse of two company hedge funds worth more than $1B, reports the Wall Street Journal. Warren Spector, the most high-profile casualty to date in the subprime-mortage crisis rocking Wall Street, is a mortgage... More »

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housing market • subprime mortgages • Bear Stearns • hedge fund • houses • investment • Warren Spector • James Cayne

Home Resales Slump in June as Mortgage Rates Spike

Inventories are down; prices jump

Jul 25, 07 1:57 PM CDT
(Newser) - Sales of existing homes dropped in June to a 5-year low because of rising mortgage rates and stricter lending standards. Home resales dipped 3.8% from a 5.98 million annual rate in May to a 5.75 million rate now. "The housing recession looks far from over,"... More »

MORE ABOUT:
housing market • homes • mortgage • recession • houses • resales • economist • US economy • Freddie Mac • quarters • NAR

8 Stories


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