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News, Ideas and Information from around the Web
Housing Market Pain Not Revealed by Stats
Home sellers are crying but the data doesn't seem to reflect their woes
from CNNMoney.com
An Indiana man writes to say he can't sell his house even asking less for it than he paid - four years ago.
A Duluth, Minnesota, reader writes, "The housing market is brutal, has been for months. Prices dropping at least $20,000, some as high as $60,000 just to get them sold. Most aren't selling even with the drop... read more
Freddie Mac forecasts losses of $550 million in Q3
from HomeChannelNews
Mortgage finance company Freddie Mac forecasted an estimated loss of $550 million for the third quarter, blaming the deficit on a decline in long-term interest rates. During last year’s third quarter, the company recorded a profit of $880 million... read more
Racine / Lighthouse Wins Custom Windows
Company says Wind Point stood out in online vote
from Pioneer Press
Missy Peterson, caretaker of the Wind Point Lighthouse, can finally share the secret she's had to keep since December: the Wind Point Lighthouse will get new windows from Jeld-Wen.
"Oh, we are so excited," she said. "I've known since before Christmas. I am a bad, bad, bad secret keeper. I managed. I was afraid Jeld-Wen might take them away if I didn't... read more
National Sunroom Association Accepting Entries for Design Competition
from the National Sunroom Association
Entries are judged on two criteria—design elements, including beautification of the achitecture and natural surroundings of the home or structure, and the functionality of the sunroom. Click here to visit the National Sunroom Association's Web site for entry information... read more
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