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Rent board’s 4% hike will “plunge” buildings into distress: landlordsRent board’s 4% hike will “plunge” buildings into distress: landlordsH-E-B snags 21 acres in Celina, hinting at development boomH-E-B snags 21 acres in Celina, hinting at development boomHGTV’s “Mr. Flip It” gets four years in jail for $10M fraudHGTV’s “Mr. Flip It” gets four years in jail for $10M fraudSL Green, Vornado kick in $100M to extend 280 Park loanSL Green, Vornado kick in $100M to extend 280 Park loan
New York

Fresh proof of a hot housing market nationwide

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The National Association of Realtors has raised its forecast for home sales in 2005. The trade group now expects home sales to hit a record 8.13 million units this year, up 1.8 percent in 2004. The greater demand is due in large part to lower-than-expected mortgage rates. Of that 8.13 million, sales of previously owned homes are expected to reach nearly 7 million, another increase from 2004.more [WSJ]