Homes And Condos

Home-price index posts big decline
Prices of single-family homes across the nation depreciated in January compared with January 2006, the worst results in more than 13 years, according to a housing index released yesterday by Standard & Poor’s. …
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Existing Home Sales Rise in February
Sales of existing homes unexpectedly rose in February by the largest amount in nearly three years, but analysts expressed fears that the recovery for the battered housing industry will be slowed by spreading …
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Lear sees no takeover bids to rival Icahn’s
Auto parts manufacturer Lear said Tuesday that the period it set aside to wait for alternatives to a takeover bid by Carl Icahn’s American Real Estate Partners has expired without another offer emerging.
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The real estate industry has been and will always be a central part of the US economy.

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