Showing posts with label real-estate. Show all posts
Showing posts with label real-estate. Show all posts

Thursday, September 18, 2008

SEC To Temporarily Ban Short-Selling: Report

"WASHINGTON (MarketWatch) -- The U.S. Securities and Exchange Commission intends to temporarily ban short-selling, The Wall Street Journal reported Thursday night."

Read more about this story at Aralake Chronicles.

Saturday, September 6, 2008

Affordable Housing Exists, If You Know Where to Look

"Stacy Williams owns a three-bedroom house with a full basement and central air-conditioning in a quiet neighborhood on the upper west side of Youngstown, Ohio.

Williams, now 33, was earning $8.05 an hour as a manager at McDonald's when she moved into the house with her husband, a laborer at a construction equipment manufacturer, and son back in 2004.  The couple's combined annual salary was $33,000.  But the purchase didn't require much of a financial stretch: The house cost $48,000.  'If you have the credit score to do it, there's nothing that can stop you from buying a home in Youngstown,' said Williams, whose plans for the house include a second bathroom."

Read more about this story at Aralake Chronicles.