Robert Bruss: Appraisal difference is shocking (Naples Daily News) DEAR BOB: I recently refinanced my condominium with Countrywide Mortgage, a major nationwide lender. But I was shocked when Countrywide?s appraiser valued my condo at only $468,000, which was less than my purchase price and less than identical units in the complex sold for in recent months....more...Bob Bruss: In a soft market, selling stagnating property to 'cash for homes' company will prove costly (San Antonio Express News) Dear Bob: My home has been listed for more than nine months without selling....more... Not everyone sees a bubble bursting in home prices (The Homer Sun) Despite all the "bubble bursting" talk in recent months, this year will probably be the third-best performing year on record for home sales. And 2007 will see about the same level of activity, according to economists at the National Association of Realtors. ...more... Forest City Reports Third-Quarter and Year-to-Date Financial Results (Business Wire via Yahoo! Finance) CLEVELAND----Forest City Enterprises, Inc. and today announced revenues, net earnings and EBDT for the third quarter and nine months ended October 31, 2006....more... Toll Brothers Reports 4th Qtr and FYE 2006 Earnings Results (pzone via Yahoo!7 Finance) HORSHAM, Pa., Dec. 5, 2006 (PRIME NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL) (www.tollbrothers.com), the nation's leading builder of luxury homes, today reported results for net income, revenues, backlog and contracts for its fourth quarter and fiscal year ended October 31, 2006. FY 2006's fourth-quarter net income was $173.8 million, or $1.07 per share diluted, compared to FY 2005's ...more... Toll Brothers Reports 4th Qtr and FYE 2006 Earnings Results (PrimeNewswire via Yahoo! Finance) HORSHAM, Pa., Dec. 5, 2006 -- Toll Brothers, Inc. , the nation's leading builder of luxury homes, today reported results for net income, revenues, backlog and contracts for its fourth quarter and fiscal year ended October 31, 2006....more... Bethpage credit union grows, mirroring the trend (Newsday) When Frank Gerace went to work at Grumman Corp. in 1985, he signed up as a member of Bethpage Federal Credit Union, which then was allowed to serve only Grumman employees and their families. Although he left Grumman more than 10 years ago, Gerace still is a Bethpage customer....more... |