Word: metros
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...crazy lending practices. Now the "housing market is dragging down the rest of the economy," says Alan Gin, an economist at the University of San Diego. The same is true in and around Los Angeles, San Francisco, Phoenix, Las Vegas, Miami, Washington, New York City and Tampa, Fla.--all metro areas where house prices skyrocketed until 2006 and have since fallen in the face of otherwise positive economic news. Nationally, house prices dropped 3.2% in the 12 months ending in June, while the economy grew...
...most of the country's big metro areas are caught in the downdraft. With mortgage lending now very much a national business--and a troubled one--real estate may not be as local as it used to be. It may not even be national: house prices have been rising sharply in Europe, Australia, South Africa and China. Two countries at the leading edge of this boom, the U.K. and Australia, saw housing markets sputter in 2004 and 2005 but then recover. This may indicate that a quick recovery is possible in the U.S. It could also mean that the global...
...been awarded government contracts are working as subcontractors to Guard-owned enterprises. In 2006 alone, Khatam Al-Anbia received a $2.09 billion contract to develop phases of a natural gas field known as South Pars, as well as a $1.2 billion contract to build a line of the Tehran metro, and a $1.3 billion contract to build a pipeline linking Iran to Pakistan...
...looked oddly ashen under their tans as they cursed autumn weather that has plagued the capital all summer. "This had to be the crappiest summer in the history of weather," spat Lionel Martin, a 33 year old salesman taking the last drag of a cigarette before darting into the Metro to escape the chilly drizzle. "Look at this - more clouds, more damp, more cold, just like it's been since June. Talk about an été pourri...
...working for about 25,000 people who will receive a first notice of foreclosure this year in the seven-county Denver metro area, according to the housing-analytics firm the Genesis Group. That's about half the number of people who could be expected to put their homes up for sale in a normal market. The most distressed neighborhoods are seeing foreclosure rates rivaling those produced during the state's oil and gas bust of the 1980s--except these days, there aren't mass layoffs to blame. Just flat house prices and tighter credit standards, which make it harder...