Civil rights complaint targets Wall Street rating firms
Moody’s and Fitch’s high ratings of subprime mortgage bonds disproportionately harmed black and Latino home buyers, the National Community Reinvestment Coalition alleges. …
A Village Down the Block
At a “cohousing” project planned for Fort Greene, Brooklyn, the residents will share all decisions and some meals. Link to the original Article
Civil rights complaint targets Wall Street rating firms
Moody’s and Fitch’s high ratings of subprime mortgage bonds disproportionately harmed black and Latino home buyers, the National Community Reinvestment Coalition alleges. …
New crisis, in commercial real estate, looms
The full scope of the housing meltdown isn’t clear and already there are ominous signs of a new crisis — one that could turn out the lights on malls, hotels and storefronts nationwide. Link to the original Article
In Florida, New Condos On the Block
Once viewed primarily as a means to sell foreclosed properties, auctions are increasingly being used to jump-start sales in new developments. Link to the original Article
Affordable places to ride out the downturn
Earlier this month, unemployment hit a 20-year high, rising to 6.5 percent over the month before. Link to the original Article
Mortgage rates fall, if you can get a loan
Mortgage rates fell for the second day in a row Wednesday, and could be heading toward levels home buyers and owners haven’t seen this year. Link to the original Article
New home sales fall to slowest pace since 1991
Sales of new homes fell in October to the lowest point in nearly 18 years while the median price of a new home dropped to the lowest level since 2004. Link to the original Article
On the Edge of a Fjord
For Jeff and Tina Leopold, who built their dream home next to a fjord, 30 minutes south of Oslo, the vista of water, islands and pine trees provides daily inspiration. Link to the original Article
Home prices tumble by record in 3Q
Two widely watched indexes released Tuesday showed home prices dropping by the sharpest annual rate on record in the third quarter. Link to the original Article