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Glut of Homes Puts Pressure on
Prices
The number of homes on the
market increased 5% in May, adding to a glut in many parts of the
country and threatening to push prices lower as the housing market
keeps tumbling.
The National Association of Realtors reported
that the number of previously occupied houses and condominiums
listed for sale rose to a total of 4.43 million last
The
Wall Street Journal |
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World's Most Expensive Cities
If your boss wants to
transfer you to Moscow this year, he'd better offer you a fair sum
to do so - or even a downright handsome one depending on where you
live now. That's because Moscow has just been designated the world's
most expensive city for the second year in a row by Mercer Human
Resource Consulting.
A luxury two-bedroom in Moscow now rents for
$4,000 a month; a CD costs $24.83, and an international newspaper,
$6.30, according to Mercer. By comparison, a fast food meal with a
burger is a steal at $4.80.
CNNMoney.com |
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Best Places to Live
Some places have
everything any family could want - economic opportunity, good
schools, safe streets, things to do and a sense of community. See
the top 10 Great American Towns - including homes for sale and
million-dollar homes.
CNNMoney.com
1. Middleton,
WI 2. Hanover,
NH 3. Louisville,
CO 4. Lake
Mary, FL 5. Claremont,
CA 6. Papillion,
NE 7. Milton,
MA 8. Chaska,
MN 9. Nether
Providence, PA 10. Suwanee,
GA
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PRE-WAR PROPERTY HITS BIG
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