Archive for August, 2008
Update for Cary’s Waverly Place
I have sent e-mail to Todd Zapolski and Sabrina Jones
North Raleigh acreage falls to foreclosure
Raleigh based land developer Landquest has been hit with foreclosure by Magnet Bank
National real estate news media: Take it with a grain of salt
Is time is running out for down payment assistance programs?
Bush signed the Housing and Economic Recovery Act into law on July 30 to deal with the housing crisis and as a result home
US Pending Home Sales Index +5.3% In June – NAR
Below is the lates report regarding the pending home sales index. Notice that numbers for the South are off about 16% from last year.
Orange County NC second quarter housing numbers
Freddie Mac second quarter 2008 result announced
The Federal Home Loan Mortgage Corporation commonly known as Freddie Mac (NYSE: FRE) announced second quarter net losses of $821 million.
News Summary from Freddie Mac website:
Second quarter net loss of $821 million, or $1.63 per diluted share, compared to a net loss of $151 million, or $0.66 per diluted share, in the first quarter of [...]
HCL America to add 513 new jobs to Wake County
The state has approved a $5,000,000 grant for HCL America, a company that provides technology consulting and various other services, to create 513 new jobs. The jobs are to be created over 5 years and pay average wages of $47,000/ year.
“These are the kinds of job we want in North Carolina,