If California is an indicator of the US real estate market, then the tide could be turning. Discounted higher-priced homes are beginning to sell, following a frenzy of activity with foreclosed properties.
Those looking to benefit from the buyer’s market today must come to the table prepared, armed with a clean financial bill of health and plenty of research to ensure they get the best deal on their purchase
Indeed, some areas fell victim to the same woes that dragged down large markets in New York, Florida, and California, while others are currently experiencing boom-era price increases
A new survey from real estate website Trulia.com finds that 25.6 percent of homes currently on the market in the United States, as of October 1, 2009, have experienced at least one price cut. That's for the fourth straight month.
The Mountaineer Power Plant in West Virginia has become the world’s first coal-fired power plant to capture some of the carbon dioxide it churns out and store it in the ground.
The first carbon neutral house on the East Coast, located in McLean, Va., is opening its doors on Oct. 10. The Green House, as it’s been named, uses approximately 70 to 80 percent less energy per square foot than a comparable new house.
Wednesday, 2 Sep 2009 | Source: The New York Times
Britain often conjures images of unpredictable weather. Such randomness has prompted Tesco, the country’s largest grocery chain, to create its own weather team in hopes of better forecasting temperatures and how consumer demand changes with them, the New York Times reported.
Retrofitting 50 million buildings – about 40 percent of the building stock in the U.S. – by 2020 to make them energy efficient would create 625,000 permanent jobs in the U.S., John Podesta, CEO of the Center for American Progress, told CNBC.
Thursday, 4 Jun 2009 | Source: The Associated Press
A woman walking under a tree was struck and killed by lightning, in one of thousands of strikes that injured seven others as a gusty storm pounded California.
Posted By:Stephen Schork, Editor, The Schork ReportCNBC Guest Blog
Oil prices surged yesterday, ostensibly, if media accounts are to be believed (they’re not) on news that sales of existing homes in the U.S. increased for a third straight month.... Read More