Archives » October 3rd, 2007

Pending home sales index at lowest level ever

Pending sales of existing-homes will be dampened as mortgage disruptions continue to impact the housing market, says the National Association of Realtors.
The NAR Pending Home Sales Index fell 6.5 percent to 85.5 from a revised 91.4 during July, based on contracts signed in August. It was 21.5 percent below the August 2006 index of 108.9.
The […]

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Selling recalled toys online a no no

Online auction Web site eBay is giving the boot to sellers looking to pawn off recalled toy items.
The company sent notices to sellers this week warning that they could be kicked off the Web site and may have to forfeit their fees.

A warning to buyers was also posted on eBay.
The warnings come after toy maker […]

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Mortgage sector to blame for job cuts

About 37 percent of September job cuts were connected to the housing industry, which continues to slump, according to consulting firm Challenger, Gray and Christmas.
Housing-related layoffs totaled 26,465 during September, while overall layoffs for the month totaled 71,739.
The consulting firm considers mortgage lenders, construction companies and real estate firms the industries that make up housing-related […]

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Prairie dogs thriving in Colorado

Love ‘em or hate ‘em, Colorado prairie dogs have become controversial figures in the last decade.
During the 1990s, environmental groups said sprawling development was to blame for a supposed decline of the prairie dog population. The groups petitioned the federal government to declare black-tailed prairie dogs as an endangered species.
But results of a Colorado Division […]

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