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Archive for September, 2008

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Crude prices close with a loss of nearly 3%

Tuesday, September 9th, 2008
SAN FRANCISCO (MarketWatch) -- Crude futures closed Tuesday at their lowest level since April. Concerns over significant damage to energy infrastructure in the Gulf of Mexico from Hurricane Ike eased and key oil producers were expected to stand pat on production quotas. October crude dropped $3.08, or 2.9%, to close at $103.26 per barrel on the New York Mercantile Exchange.

Video: New iPods from Apple

Tuesday, September 9th, 2008
Apple CEO Steve Jobs presents a revamped line of iPod music players to an appreciative audience. The line includes lower prices for some models, new colors and a new shape for the iPod Nano. (Sept. 9)

Fed futures show possible interest rate cut

Tuesday, September 9th, 2008
NEW YORK (MarketWatch) -- Interest-rate futures show traders started betting the Federal Reserve will lower its target interest rate from 2% at the end of this year, a sharp reversal from forecasts for rate increases less than a week ago. The December futures contract on Tuesday showed a 25% chance the central bank will reduce rates to 1.75% at its meeting that month. The Fed slashed rates from 5.25% starting last year and stopped in April. Policy makers meet in one week. Ten-year Treasury yields fell and the dollar declined as investors sought safety in light of declining U.S. equities and concerns about the health of Lehman Brothers Holdings Inc. .

Value Line analyst finding few ‘must-have’ stocks

Tuesday, September 9th, 2008
BOSTON (MarketWatch) -- Gregg Brewer, executive director of research for Value Line Inc., says the stock market is in flux, and no industry stands out as a "must get" right now.

How to raise your property’s value

Friday, September 5th, 2008

Remodel the kitchen.  Yes, it is true. If you want more for your property, fix up the kitchen. Next, look at updating the bathrooms, starting with either the master bath or the one closest to the main entrance.

For investors looking to remodel their kitchens, picking a durable and good-looking countertop is a way to make the room both comfortable and practical. Kitchens are usually among the busiest rooms in the home, the place where families cook, eat, gather and entertain. It’s also the room that’s usually seen – and judged – by visitors and guests. Durability, ease of maintenance and appearance are important aspects to keep in mind when choosing a countertop. And the nicer and more expensive countertops, made from granite or quartz, for example, can also add value to your home. Read the rest of this entry »

GMAC to Shrink ResCap Business

Thursday, September 4th, 2008
GMAC and its ResCap unit plan to close all 200 GMAC Mortgage retail offices and cut 5,000 jobs, in a plan that could lead to savings of $1 billion.

Trading Houses Hasn’t Made Me Wealthy

Thursday, September 4th, 2008
If you're a true cheapskate, stay put. Moving is expensive and wasteful. Neal Templin's family would have come out ahead financially by staying put instead of moving to another city.

Foreclosed But Not Forgotten

Thursday, September 4th, 2008
A few ideas for avoiding another housing crisis.

Lenders Move to Foreclose on Macklowe

Thursday, September 4th, 2008
Harry Macklowe's main lender moved to foreclose on the former tycoon's largest development project.

U.K. Aims to Revive Housing Market

Wednesday, September 3rd, 2008
Britain's Brown unveiled the first in a series of measures to prop up the housing market and boost his approval ratings.
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    • Latest

      • Stop Throwing Your Money Away While Real Estate Investing *Warning: Explicit Language
      • 5 Great Stock Picks And The Exchange-Traded Fund That Owns Them
      • Free Maryland-Area Workshops Teach How To Fund Real Estate Investments With Non-Traditional Lending
      • Chicago Based Commercial Loan Provider Now Offering Working Capital
      • Pure Industrial Real Estate Trust Announces Agreement To Acquire Fully Leased Industrial Property For $8.1 Million
      • Non-Recourse Commercial Loans Currently Being Offered By Chicago Based Finance Firm
      • Commercial Property Loans In Malaysia 22.7% Higher
      • View From The Top: Europa Oil & Gas
      • Real Estate Capital Firm Offering Construction Loans For Commercial Properties Nationwide.
      • The Week Ahead (14/05 – 18/05/12)
      • Starwood Property Trust, Inc. Reports Results For The Quarter Ended Mar 31, 2012
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