Jul
29

Queensland has recorded the largest fall in new home sales across the country in June, according to the latest Housing Industry Association report.
The New Homes Sales Report showed sales across that nation increased moderately in June but were effectively flat over the first half of 2008.
“Australia is seeing strong demand for housing fuelled by record [...]

Jun
04

Philadelphia courts will launch a pilot program next week requiring mediation between homeowners and lenders before foreclosure can occur.
The program is one part of a plan Mayor Michael Nutter unveiled Wednesday to address a nationwide mortgage crisis affecting many Philadelphia homeowners.
The city has already taken steps to address the problem, including delaying the sheriff’s sales [...]

Mar
27

The state Senate has passed legislation aimed at spurring homes sales in Michigan.
Republicans say bills approved Thursday would address the so-called “pop-up” tax that results when someone buys a home.
Under Michigan’s property tax system, a home’s taxable value rises to the home’s market value when it’s sold. Critics say that’s a disincentive to buy a [...]

Jan
10

The Home Depot Inc. reported Tuesday it expects its earnings for 2007 to be down 15 percent to 18 percent due to the sale of HD Supply and weaker conditions in the housing market.
The Atlanta-based home improvement giant (NYSE: HD) also said it expects total retail sales to fall about 2 percent and [...]

Jan
10

The Home Depot Inc.s sales and bottom line continued to erode in the third quarter, as the housing market continued its deterioration.
The Atlanta-based home improvement retailer had net income of $1.1 billion on $19 billion in sales, compared with net income of $1.5 billion on $19.6 billion in sales in the third [...]

Jan
10

The Home Depot Inc.’s sales and bottom line continued to erode in the third quarter, as the housing market continued its deterioration.
The Atlanta-based home improvement retailer had net income of $1.1 billion on $19 billion in sales, compared with net income of $1.5 billion on $19.6 billion in sales in the third quarter of 2006. [...]

Jan
10

Maryland’s sales tax went from 5 percent to 6 percent on Thursday. (Although often it’s a little more than 6 percent. See this post.) A few stores did not make a smooth transition, apparently. I got a couple emails from readers who said they were overcharged a few cents at Home Depot stores. One was [...]

Jan
01

Over the past few weeks the chief executive of meat processor PPCS has spoken to more than 2000 farmer suppliers in 30 meetings throughout New Zealand. Lamb suppliers, and not just those from PPCS, are struggling to break even, let alone make a profit. They want a [...]

Jan
01

Keith Cooper does not look like a worried man at the tail end of a meat and greet roadshow. Over the last few weeks the chief executive of large meat processor PPCS has spoken to more than 2000 farmer suppliers in 30 meetings around New Zealand. For someone operating in harrowing times [...]

Jan
01

Keith Cooper does not look like a worried man at the tail end of a meat and greet roadshow. Over the last few weeks the chief executive of large meat processor PPCS has spoken to more than 2000 farmer suppliers in 30 meetings around New Zealand. For someone operating in harrowing times [...]