The Buffalo News : Business Today

Sunday, November 8, 2009

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Real Estate and Development

Rental plan may let some stay in homes

WASHINGTON — Under a policy announced Thursday, thousands of borrowers on the verge of foreclosure soon will have the option of renting their homes from Fannie Mae. (Updated: 11/06/09 6:59 AM )

Erie County Real Estate Transactions

Following are real estate transactions over $5,000 as listed in records of the Erie County clerk’s office for the week ending Sept. 18. (Updated: 11/02/09 6:44 AM )

Niagara County Real Estate Transactions

Following are real estate transactions over $5,000 as listed in records of the Niagara County clerk’s office for the week ending Sept. 18. (Updated: 11/02/09 6:44 AM )

Program to aid homebuyers

Consumer Credit Counseling Service of Buffalo is launching its “Make Your Move” program to help families achieve their goals of homeownership. (Updated: 11/02/09 6:44 AM )

Realtors pleased with credit extension effort

Local real estate agents are applauding a proposal in Congress to extend the first-time homebuyer tax credit until April and expand it to other buyers as well, saying it’s needed to sustain renewed momentum in the housing market. (Updated: 11/01/09 6:50 AM )

Area fares better than nation in foreclosures

Forecloses in Western New York continue to trail national averages. The number of completed bank repossessions in Erie County fell in September and during the entire third quarter from a year ago. (Updated: 10/31/09 8:29 AM )

Maple Road store to close

Wilson Farms is shuttering one of its Amherst locations because of underperformance, the company announced Thursday. (Updated: 10/30/09 7:00 AM )

30-year home loan rate climbs to 5.03 percent

WASHINGTON(AP)—Rates for 30-year home loans climbed to 5.03 percent this week, the third consecutive weekly increase. (Updated: 10/30/09 7:00 AM )

Economy growing but slow to recover

WASHINGTON — The Great Recession may be over, but the recovery is just beginning — and it doesn’t promise to be much easier. (Updated: 10/29/09 7:11 AM )

Stocks fall as new home sales drop

NEW YORK — Signs of a weaker housing market and a gloomier outlook on the economy gave investors more reasons to dump stocks. (Updated: 10/29/09 7:11 AM )

Senate backs extending home buyers tax credit

WASHINGTON — Senators agreed Wednesday to extend a popular tax credit for first-time homebuyers and to offer a reduced credit to some repeat buyers. (Updated: 10/29/09 8:58 AM )

Statler group set to make deposit

The prospective buyers of the historic Statler Towers in downtown Buffalo have a little more time to secure their purchase, and they claim to have new investors to help. (Updated: 10/27/09 10:18 AM )

Erie County Real Estate Transactions

Following are real estate transactions over $5,000 as listed in records of the Erie County clerk’s office for the week ending Sept. 11. (Updated: 10/26/09 7:07 AM )

Niagara County Real Estate Transactions

Following are real estate transactions over $5,000 as listed in records of the Niagara County clerk’s office for the week ending Sept. 11. (Updated: 10/26/09 7:07 AM )

Lender seeks bankruptcy protection

CHICAGO — Capmark Financial Group, one of the nation’s largest commercial real estate lenders, has filed for bankruptcy protection amid mounting bad debt. (Updated: 10/26/09 7:07 AM )

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