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26 June 2008

Existing-home sales edged up in May

WASHINGTON - Sales of existing homes edged up slightly in May although median home prices continued to fall.  More...

Posted on 26 June 2008 at 10:46 AM in National | | Comments (0) | TrackBack (0)

At Countrywide's End, an Emotional CEO

I hardly feel sorry for Angelo Mozilo, as he made $168 million in compensation over the last 5 years, according to Forbes.  Read story about the final Countrywide shareholder meeting.  I bet he gets to keep his compensation while his borrowers lose everything, including their homes.

Posted on 26 June 2008 at 10:44 AM in National | | Comments (0) | TrackBack (0)

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  • David Roney
    The Arizona Real Estate Informer blog was created to inform people about real estate issues in Arizona, as well as national issues that involve Arizona. This blog will cover all aspects of real estate, and will be the go-to source for industry related information.