Monthly Archives: October 2009

Last year 3,218 written complaints were…

Last year 3,218 written complaints were received. The following are the top ten. http://ping.fm/1uyzl

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Call to action! Tell Congress: Housing = JOBS

An effective measure to stimulate the housing market is the extension and expansion of the homebuyer tax credit.  This would bring consumers back to the market, reduce inventories of unsold homes, and stabilize home values.  And, most importantly, it will … Continue reading

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Creating Urgency??

The Raleigh Division of Lennar, one of the nation’s strongest names in the homebuilding industry, is urging prospective homebuyers to get to a Lennar home in the Triangle fast before it’s too late to take advantage of the amazing low … Continue reading

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Is Housing Moving Towards Disaster?

John Lounsbury; It may seem to lack self-consistency, but foreclosures and pending sales both increased in the third quarter. In the face of this seemingly conflicted data, the Mortgage Bankers Association has come out with an optimistic forecast of significantly higher … Continue reading

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Insurers dropping Chinese drywall policies

Robert Hartwig, president of the Insurance Information Institute, agreed that homeowners policies were never meant to cover “faulty, inadequate or defective” workmanship, construction or materials. Tom Zutell, spokesman for the Florida Office of Insurance Regulation, said the cancellations are troubling, … Continue reading

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Don’t Underestimate the Impact of Your Warranty Service

http://raleigh.gethomeworx.com/what_we_do_pccs.php
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Builders Urge Congress To Act On Home Buyer Tax Credit, Appraisal And Lending Issues

The National Association of Home Builders (NAHB) today called on Congress to help housing take a lead role in putting America back to work by taking quick action to extend and enhance the $8,000 first-time home buyer tax credit, resolve … Continue reading

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With new-home inventory falling as home…

With new-home inventory falling as home sales in many markets pick up, builders say they no longer need to offer eye-popping inducements to move homes. By DAWN WOTAPKA

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Status update on October 6, 2009 at 8:23 pm

Pending home sales have increased for seven straight months, the longest since 2001 http://ping.fm/Ubfo5

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Tax credit for first-time owners

-By Shara Tibken, Dow Jones Newswires; 212-416-2189; shara.tibken@dowjones.com; Continue reading

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