Archive for Uncategorized

Twitter Updates for 2010-03-10

5.38% of Fannie Mae's single-family loans were over 90 days delinquent, up from 2.42% a year earlier (CNN Money) http://tiny.cc/25YtO #
Mortgage giant Freddie Mac stays the course and does not lien on bailout cash for 3rd straigth Qtr. (From WSJ) http://on.wsj.com/9eMxUQ #
Sold a townhouse Southerby Bluffs last night! New community in Garner is 5.5 miles [...]

Twitter Updates for 2010-03-08

RT @ABC11_WTVD: Affiliated Computer hiring another 280 workers in Raleigh! http://bit.ly/bGsZIz http://myloc.me/4A84r #

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KB Homes is focus of SEC investigation

KB Homes, one of the largest home builders in the Triangle area, announced their accounting practices are the focus of a formal investigation by the Securities and Exchange Commission.  
Read KB Home Shares Tumble On SEC Accounting Investigation from WSJ.com.
 [10/12/09 at 3:51 PM http://online.wsj.com/article/BT-CO-20091012-705633.html]

New image to the rescue

I have done some research today about how to improve our blog site and change-is-a-comin’. We will be combining our blog with a new website for Graves Realty Associates where the blog will become a seamless part of our website. I hope to begin changes this week and have everything live next week!

Does that addition have a permit?

Ever shop for a home a find one that has an addition or has had major renovations completed? Check first to see if the owner pulled permits and had the job inspected during construction and after completion. Finding out now vs. after you buy it will save you money and headaches. It’s possible to get [...]

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Freddie Mac CFO dead at 41

The acting chief financial officer and senior

How will the new Pulte affect Raleigh? Are more mergers and buyouts on the horizon?

I can only think of 2 reasons why one builder would buy another:

It is