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Sunday, January 29, 2012
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AP Top Business News

Greek debt deal may not equal Wall Street relief
1/29/2012
NEW YORK (AP) -- Greece and the investors who bought its bonds have the beginnings of a deal that could avert a disastrous, long-feared Greek default on its debt. But don't expect a celebration on Wall Street this week.... Details

RBS CEO turns down bonus amid criticism of payout
1/29/2012
LONDON (AP) -- Royal Bank of Scotland chief executive Stephen Hester will not be accepting a 1 million pound ($1.5 million) bonus that drew criticism from British public and politicians, the bank said Sunday.... Details

Strike on summit day shows task at hand
1/29/2012
BRUSSELS (AP) -- German Chancellor Angela Merkel and other European leaders meeting for a summit will only have to look out of the window to see the biggest problem with their steady diet of austerity and belt-tightening to fix the financial crisis: disgruntled workers organizing a nationwide strike to protest the direction in which Europe is heading.... Details

Exxon selling Japanese subsidiary in $3.9B deal
1/29/2012
Exxon Mobil Corp. is selling its Japanese refining and marketing business to partner TonenGeneral Sekiyu K.K. in a deal valued at $3.9 billion.... Details

Private investors near deal on Greek debt
1/29/2012
ATHENS, Greece (AP) -- A disorderly and potentially devastating Greek debt default is looking much less likely.... Details

Topix Real Estate

NJ residents say flood buyout programs fall short
1/29/2012

State and federal programs offer homeowners in North Jersey's flood-ravaged areas a buyout.

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Real estate agents using QR codes to help customers
1/29/2012

Terri Futch, along with other agents at Nextage Floridian Living Realty have acquired the latest communication and advertising technology for their customers.

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Real estate market may rebound in second half of 2012: analysts
1/29/2012

Real estate developers are expected to roll out new housing projects amounting to NT$1.2 trillion at three major metropolitan regions in northern, central and southern Taiwan in 2012 to warm up the real estate market in the second half following a big slump in 2011.

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Realtors oppose proposed Fremont ordinance
1/29/2012

Local real estate and business representatives are battling a proposed ordinance in the city's Climate Action Plan that could require energy-efficient upgrades when homes are sold.

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Keystone Real Estate: Trying to 'time' the resort real estate market?
1/29/2012

With the beginning of a new year, market activity in Keystone and Summit County has increased! There is renewed hope in our economy and the prospects for all real estate is that it will once again be a solid and wise investment.

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MSNBC.com Real Estate

Wild homes of the future that are for sale now
1/29/2012

The sleekest, most avant-garde, in some cases zaniest, homes on the market conjure images of science-fiction lore.




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Tight-fisted mortgage lenders pressure home sales
1/27/2012


Home prices have fallen by a third since the 2006, creating tremendous bargains for home buyers. Mortgage rates are at rock-bottom lows, making houses more affordable than they have been in decades.Home prices have fallen by a third since the 2006, creating tremendous bargains for home buyers. Mortgage rates are at rock-bottom lows, making houses more affordable than they have been in decades.




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Banks may not like new mortgage task force
1/26/2012
In the Wild West of the ongoing mortgage mess, there’s a new sheriff in town. And he’s not handing "Get Out of Jail Free" cards in return for a $25 billion check.

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Foreclosures keep pushing house prices lower
1/26/2012
Foreclosure-related properties, which made up roughly one in five home sales in the third quarter of last year, sold for an average 34 percent less than homes that were not ‘distressed sales,’ new data show.

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JPMorgan CEO says foreclosure deal threatened
1/26/2012
JPMorgan Chase & Co Chief Executive Jamie Dimon said President Barack Obama's decision to expand investigations into home lending and sales of mortgage securities could stop settlement talks with the states over foreclosure practices.

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HUD Newsroom

January 2012 Eco Wise Newsletter
1/18/2012
The January 2012 version of HUD's Eco Wise newsletter is now available. This issue focuses on water conservation and innovative irrigation and landscaping. Details

2012 Operating Subsidy Explanation
1/3/2012
HUD has published on its website an "Explanation of Initial CY 2012 Obligations". This document, along with other related information has been posted to the FMD Calendar year 2012 web page. Details

Public Housing Units and The Fairclouth Limit
12/27/2011
On December 27, 2011 HUD issued Notice PIH 2011-69(HA). This notice addresses the development of new public housing units and statutory confines pursuant to Fairclouth requirements. Details

HCV Program - Administrative Fee Study
12/23/2011
On December 23, 2011 HUD published a Federal Register notice regarding additional survey and data collection activity in association with an administrative fee study to help develop a new administrative fee allocation formula. The comment due date is January 23, 2011. Details

Regulatory Waivers Granted for the Third Quarter of Calendar Year 2011
12/19/2011
On December 19, 2011 HUD published a Federal Register notice identifying waivers granted during the third quarter of 2011. Details

   
New York Times Real Estate

So You’re Priced Out. Now What?
1/28/2012
Five pairs of neighborhoods that look and feel alike, without costing the same amount.

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Getting Started: Getting Started — A Word to the Wise Renter: Insurance
1/27/2012
Many who skip the expense of renter’s insurance are under the mistaken impression that their landlord’s policy will cover them.

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The Hunt: The Hunt - Off-Campus, With Elbow Room
1/27/2012
Michael Igyarto and Mangesh Kulkarni, both law students, wanted to share a rental apartment with two bedrooms and a large living room.

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Living On | 57th Street: 57th Street/Living On - No Commuting Required
1/27/2012
Spanning Manhattan from the Hudson to the East River, 57th offers everything from elegant shops to mesmerizing musical acts, punctuated by a rich variety of residential buildings.

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On the Market in New York City
1/27/2012
A Lincoln Square maisonette, a Greenwich Village one-bedroom and a Prospect Heights co-op.

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Wall Street Journal Real Estate

A Contractor Spills His Secrets
A builder of luxury homes reveals how he created his weekend retreat on a budget. Details

Tim Headington Asks $25 Million in South Beach
Tim Headington asks $25 million in South Beach, Phil Mickelson relists in Rancho Santa Fe, Calif., and Mats Wilander puts his Idaho estate up for sale. Details

A Waterfront Home in Rhode Island
A Jamestown, R.I., home of about 6,500 square feet, with six bedrooms, seven bathrooms and two half-bathrooms, is asking $5.8 million. Details

Hope Is Rising for Mortgage Accord
New York Attorney General Eric Schneiderman said he is confident his main concern with a pending settlement of alleged bank- foreclosure abuses would be resolved, but he didn't commit to participating in an agreement. Details

D.R. Horton Swings to Profit
D.R. Horton swung to the black in its fiscal first quarter on a double-digit jump in home-building revenue and showed optimism for the spring selling season. Details

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