October 20, 2009
The U.S. government announced Monday a new initiative to boost the housing market. According to a report released by the Treasury Department, the new plan includes two parts: a new bond purchase program to support new lending by housing finance agencies (HFAs) and a temporary credit and liquidity program to improve the access of HFAs [...]
Tags: affordable, Affordable Rental, agencies, credit, families, Finance Agencies, Government, Home Market, housing, Housing Finance, Housing Finance Agencies, Housing market, market, New Plan, rental, support, Tax Credit, The country, The housing, The new, The New Plan, Tough Economic, Working Families
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September 24, 2009
The U.S. Federal Reserved on Wednesday decided to leave a key interest rate at a record low in an obvious effort to foster a nascent economy recovery. Wrapping a two-day meeting, the Federal Open Market Committee (FOMC) said in a statement that it will maintain the target range for the federal funds rate at 0 [...]
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August 6, 2009
LookAtVietnam – Head of the Department of Housing and Real Estate Market Management Nguyen Mann Ha spoke to Thoi bao Kinh te Viet Nam (Vietnam Economic Times) about measures to balance the market. In Viet Nam, we must be more careful with our real estate supply. Investors should not only focus on the high-end housing [...]
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August 5, 2009
A new home sits for sale in Lemont, Illinois, July 27, 2009. U.S. home prices made their first monthly climb in nearly three years, which may provide relief to the embattled housing sector after last year’s price plunge sent the economy reeling. (Xinhua/Reuters Photo)But experts warn the uptick may be temporary and that continuing unemployment could [...]
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July 26, 2009
A construction site in Hanoi. The government will do its utmost to prevent a real estate bubble from inflating the way it did in 2007 as the local economy recovers from the global crisis, an official said. âWe will focus on monitoring secondary investors, especially in the high-grade housing market, because [speculation by them] could [...]
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July 20, 2009
Traders work on the floor of the New York Stock Exchange in New York last Friday Earnings are set to take center stage again this week as more marquee US companies line up to report their quarterly scorecards and investors decide whether to keep pushing stocks higher. Investors will turn their attention to household names [...]
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May 15, 2009
The number of U.S. households facing foreclosure rose 32 percent in April compared with the same month last year. The number involves more than 342,000 households, Realty Trac said on Wednesday. That means one in every 371 households with a mortgage received a foreclosure filing last month, marking it the highest monthly rate since 2005. [...]
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May 9, 2009
The overall housing market remains gloomy with few houses being sold. Only optimism has been seen in the low-income housing market. An apartment block in Nha Be District, Ho Chi Minh City, is under construction (Photo: SGGP)LookAtVietnam – The overall housing market remains gloomy with few houses being sold. Only optimism has been seen in [...]
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March 23, 2009
Many real estate companies are targeting the low income housing market now, relying on strong demand from government workers and industrial zone employees Many property developers have invested or are ready to start pouring money into the low-priced property segment, banking on the real housing needs of a large number of low income earners. Early [...]
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March 2, 2009
Children play in the courtyard of the Ward 3 Apartments, a low income housing project in District 4 The construction ministry has prepared streamlined licensing procedures and lower taxes to encourage investment in affordable housing, officials said at a seminar Saturday. Deputy Minister of Construction Nguyen Tran Nam said the increasingly high demand of low [...]
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