Real estate investment trust Ventas Inc. said Monday it has completed a $186 million buyout of 58 senior housing communities from affiliates of Sunrise Senior Living Inc.
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July homebuilder confidence falls to 15-month low
Home-builder sentiment fell more than expected in July to the lowest level in more than a year after a popular home-buyer tax credit expired in April, the National Association of Home Builders said on Monday.
June 24, 2010 at 4:08 p.m.
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Filed under: Banking, Investigations, Mortgages, Real estate Report: Mortgage program full of inconsistencies
Struggling homeowners who have complained for more than a year that the federal government’s loan modification program was unfair got some validation Thursday.
A new report from the Government Accountability Office (GAO) paints a picture of the Home Affordable Modification Program as an inconsistent effort with wide-ranging degrees of participation that could lead to different outcomes, even for borrowers who face similar personal circumstances.
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Housing market: Chicago home prices decline 1.7%
By Julie Wernau | In Chicago, the Standard & Poor’s/Case-Shiller Home Price index declined 1.7 percent in January to 125.11, a 4.4 percent decline over the previous year, even as U.S. home prices showed the smallest annual decline in almost three years.
The Standard & Poor’s/Case-Shiller 20-city home price index fell just 0.7 percent from last year on a seasonally adjusted basis. The index reading of 146.32 was almost in line with analysts’ expectations, according to a survey by Thomson Reuters.
