US home sales rise 9.4 percent in September

WASHINGTON -- U.S. home resales rose far more than expected last month to the highest level in more than two years as buyers scrambled to complete their purchases before a tax credit for first-time owners expires.

Source:Associated Press
US home sales rise 9.4 percent in SeptemberBy ALAN ZIBEL , 10.23.09, 10:05 AM EDT

FDIC’s Bair: Bank Failures Will Continue at a ‘Good Clip’ This Year

Banks have stabilized since the collapse of Lehman, but “failures will continue at a good clip” this year and next, FDIC Chairman Sheila Bair told CNBC’s Maria Bartiromo Tuesday.

source; http://wallstreetpit.com/10389-fdics-bair-bank-failures-will-continue-at-a-good-clip-this-year; editor

Listed: Meticulous Arts And Crafts Replica

Newly constructed homes that imitate historical styles often miss their mark, capturing the essence of a period from the outside, but leaving the interior devoid of character.
That’s not the case for this recently built, $2.8 million, six-bedroom home in Bedford, N.Y., constructed in the arts and crafts style. The indoor details were attended to as carefully as the stone and shingle exterior: wainscoting, arched doorways and molding galore adorn the place.

Source; http://www.forbes.com/2009/10/09/bedford-luxury-zip-lifestyle-real-estate-house-of-week.html; franseca levy