Recent Posts

USA finally putting home foreclosure crisis behind it

  Bloomberg It’s taken nine years, but the number of U.S. homes in foreclosure has fallen to a level not seen since before the 2008 housing crisis. More troubled borrowers are making their way through the foreclosure process, which can take more than five years on average in some states. The number of properties in active foreclosure declined by 24,000 ...

Read More »

Sales of new USA homes fall for 3rd month on slump in West

  Bloomberg Purchases of new homes in the U.S. unexpectedly declined in March for a third month, reflecting the weakest pace of demand in the West since July 2014. Total sales decreased 1.5 percent to a 511,000 annualized pace, a Commerce Department report showed on Monday. The median forecast in a Bloomberg survey was for a gain to 520,000. In ...

Read More »

Qatar Air hints at 737s as A320Neo row drags

Bloomberg Qatar Airways could switch its order for Airbus Group SE A320neo jetliners to Boeing Co.’s 737 model if issues with the European aircraft’s Pratt & Whitney engines aren’t resolved by the middle of the year. Moving from the Pratt-powered variant of the revamped A320 to a version that uses engines from CFM International isn’t an option as those planes ...

Read More »
Send this to a friend