New-home sales in the northeastern sector of the United States have dropped by more than 8% in May. The northeast is the only region of the country that did not experience a rise in housing sales, as most other areas gained between 3-6%.
Experts attribute this drop in sales to be the significant end up the [...]
New data on Massachusetts foreclosures shows a rapidly increasing foreclosure rate in areas across the state. The amount of new foreclosures for the month of May 2006 is 105% higher than that of May 2005. As in other states, homeowners are struggling to deal with interest rates that are rising at a consistent pace since [...]
The Pittsburgh Housing Authority (PHA) must confront serious questions about its future as Keith Kinard steps down from the position he has held as Executive Director for the past five years.
Kinard was highly praised during his tenure with the PHA both for his work to improve the housing conditions in his city and for cleaning [...]
Gov. Haley Barbour announced Tuesday that the U.S. Department of Housing and Urban Development has given final approval to the state’s plan for grants to Hurricane Katrina flood victims.
In a Tuesday meeting with reporters, Barbour also praised lawmakers for passing a balanced budget before ending its 2006 session last week and said he has no [...]
