Word: month
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...June, the number of new houses being built unexpectedly jumped from the month before. The Census Department recently reported that June also showed an increase - a small increase, but one nonetheless - in the amount of money going toward residential construction. Housing permits, which also speak to builder confidence, are creeping up too. As an Aug. 10 report from Oppenheimer Asset Management put it, "this part of the housing market appears to be finding its footing." (See pictures of a modernist house...
...building was one of the things that helped foster the real estate bubble, after all. Are the same companies that didn't know when to stop prematurely hopping back in? The number of existing homes for sale has fallen over the past year, but we still have a 9.4-month supply on the market - nearly double the rate that's desirable. With desperate homeowners trying to sell, and foreclosures still piling up, are more houses what we need? (See pictures of high-end homes that won't sell...
...excess inventory from the boom has been cleared out, and builders are now looking at emptier coffers than they have in a long while. Since the end of 2007, builders have been selling more houses than they've been putting up. In the first three months of 2009, there were 52,000 single-family homes started. Over the same period of time, 87,000 were sold. At the current rate of sale, all the new homes on the market would be gone in 8.8 months. That's still above a more normal four- to six-month supply - but taking into...
...which Murdoch might actually be envisaging. He thinks a type of all-access pass to News Corp.'s media properties would work. It could be delivered to any screen - a phone or other wireless device, an e-reader, a computer or a TV - all for $10 to $15 a month. Conventional wisdom is that it can't be done any other way, that people simply won't pay for news on their computer when they can get it elsewhere for free...
...brother and sons, who worked under the same roof, as well as his wife Ruth, have come under intense scrutiny during the probe but have not been charged with any wrongdoing. Madoff's outside accountant, David Friehling, is the only other person to be formally charged in the seven-month investigation until now. He pleaded not guilty to fraud charges...