Tesco pulls out of eco-towns project in UK

Tesco, the UK superkmarket giant, has pulled out of a plan to build "ecotowns" in Britain. The towns were supposed to contain zero-carbon flats and be generally environmentally friendly. "Gordon Brown's plan for eco-towns was unravelling last night, with Tesco withdrawing...

Google maps 'demolish British history'

Internet maps such as those made by Google ae demolishing British history by effectively not including historic monuments, battlefields etc on them according to super map maker Mary Spence. Traditional cartography is...

Boise fire kills one -hundreds displaced from homes

The Mayor of Boise has made a declaration of disaster for the city of Boise.  A deadly fire that started Monday evening has already claimed the life of one victim.  It has destroyed 10 homes, and damaged...

Did Obama's Attack Ad About McCain Homes Do Much? Study Reveals a Non-Issue

This is an intriquing study, one of many done by MediaCurves. I've written about them on and off for quite awhile now. Their studies are cutting edge in many ways, and are far above just a phone poll "sampling."What...

Crystal Coast Real Estate: Is The Worst Over?

Is The Worst Over? Indications show the Crystal Coast Real Estate market has turned the corner By: Bill Hitchcock The Crystal Coast has some very “promising” indications that the real estate market has just turned the corner. The past 30 days have shown signs of...

Elderly Chinese Women Sentenced to Labor Re-Education

I got a tip from my friend John E. Carey today pointing me to this story about China and its glowing human rights record."Two elderly women were sentenced to a year of "re-education through labor" after they applied for permits to demonstrate during the Olympics, according to...

More homeowners than ever are selling at a loss!

The real estate Web site Zillow.com has reported that in the 12 months that ended June 30, nearly 25% of all homes sold nationwide fetched less than sellers originally paid. Other interesting facts from this report showed: A. In Merced, Calif., 63% of homes sold during the...

London councils want to offer home loans to repossession families..

UPDATE; 18 August 08London councils want to offer home loans to repossessed families and families who have been refused a loan by commercial lenders. ...After months of continuing gloom on the UK housing front with...

Giant kites to tap power of the high wind

"A traditional childhood pastime could provide a breakthrough in renewable energy, after successful experiments in flying a giant kite at one of Europe's top research centres.Scientists from Delft University of...

The Good, the Bad and the 3rd Quarter

The Good, the Bad and the 3rd Quarter By: Bill Hitchcock (Note: The Crystal Coast is an area located in the mid-region of coastal North Carolina) The Crystal Coast real estate market has become, shall we say, “Vey Interesting!” Although the over-all market is still...

San Diego County Foreclosures up 125% from 2007

According to a report today from RealtyTrac, an Irvine, Calif., company that tracks foreclosures, apprx. 2,200 homes in San Diego county were seized by banks, while an additional 3,000 homes received notices of default, the first step in the foreclosure process.

US plans aid to Georgia as Russia rolls into city

"Georgia - Russian troops and paramilitaries rolled into the strategic Georgian city of Gori on Wednesday, apparently violating a truce designed to end the conflict that has uprooted tens of thousands and scarred the Georgian landscape.In Washington, President Bush said the...

Housing Market - Let's Take a Walk

Trying to sell, refinance or take out an equity loan on your home? It doesn't take a world-class economist to see the signs that are all around us - literally.  In today's world of gas prices at an all-time high...

Russia calls halt to 5-day invasion of Georgia

"Declaring "the aggressor has been punished," the Kremlin ordered a halt Tuesday to Russia's devastating assault on Georgia — five days of air and ground attacks that left homes in smoldering ruins and uprooted 100,000 people. Both sides accepted the general outlines of a...

One Third of New Owners Owe More Than House Is Worth

Aug. 12 (Bloomberg) -- Almost one-third of U.S. homeowners who bought in the last five years now owe more on their mortgages than their properties are worth, according to Zillow.com, an Internet provider of home...

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