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Real Estate
News Archive
25-Dec-2008
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2009 Real Estate Forecast: Troubles Spread (BusinessWeek Online via Yahoo! News) 2008 was the year that subprime borrowers and speculators got hurt by the real estate crisis. 2009 could be when everyone else gets hit.
Bush retracts pardon of Suffolk real estate scammer (AM New York)White House issues extraordinary statement saying Bush was reversing his decision to pardon Issac Robert Toussie. President George W. Bush on Wednesday took the extraordinary step of reversing a pardon issued the day before to Isaac Robert Toussie, the Brooklyn developer convicted of a large-scale Suffolk real estate scam, the White House said.
Pitkin County real estate sales plummet 46 percent through Nov. (The Aspen Times)PITKIN COUNTY - Same story, different month in the Aspen-area real estate market.
Bush retracts real estate planner's pardon (Denver Post)President George W. Bush took the extraordinary step Wednesday of revoking a pardon he issued 24 hours earlier for a politically connected Brooklyn real estate developer convicted of defrauding hundreds of low-income homebuyers after it was revealed that the request did not come through the usual route and that a relative had contributed to the Republican Party.
Real estate agent: Market took vacation from common sense (Atlanta Journal-Constitution)Jim Crawford, a real estate agent with ReMax Greater Atlanta, began his career in Atlanta 16 years ago in the midst of a previous market slump. "Stuff hadn't sold here in years. Paint was faded off the signs. You couldn't even read the agents' names," Crawford, 54, recalled. A new crop of faded signs may be in the offing, judging from data released this week.
Slump closes Jackson real estate brokerage (Casper Star-Tribune)JACKSON -- The slow pace of property sales in Jackson is forcing the closure of a large real estate firm.
Maine real estate sales, prices sink (Bangor Daily News)BANGOR, Maine ? Maine hasn?t escaped the bad news of the national real estate market, with existing, single-family home sales down statewide more than 22 percent between November 2007 and the same month this year.
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