New home sales soar to record November pace
Sales of new single family homes rose 7.6 percent to a seasonally adjusted annual rate of 963,000 in November, the Commerce Department said. Strong economy, low mortgage rates and warm weather helped the surge, with regional gains led by the South and Northeast. The median price was 148700, and inventory stood at 292000 homes.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Mark McGwire
David Orr
First Union Mortgage Corp
Charlotte
N.C
Northeast
Midwest
Auto sales hit 13 year high as prices fall
U S auto buyers purchased 15.6 million cars and light trucks last year, the most in 13 years and second highest ever. December sales rose 7 percent from the prior year with General Motors posting a 43 percent gain in the final month despite inventory effects from strikes. Foreign automakers led yearly gains with Asian companies up 4 percent and Europeans up 2 percent as GM Ford and DaimlerChrysler Jointly held strong market positions.
MENTIONED IN THIS ARTICLE
Detroit
General Motors Corp
U.S
Ford Motor Co
Damler- Chrysler AG
Marriott to acquire ExecuStay in 128 million deal
Marriott International will buy ExecuStay Corp of Gaithersburg in a 128 million transaction expected to close in March. The deal involves a leading leased corporate apartments provider as the market shows strong gains despite rising incentives and softening demand late in the year.
MENTIONED IN THIS ARTICLE
Marriott International
ExecuStay Corp
Gaithersburg
Bennett Estates adds second phase with Addison model in Thurmont
The second phase of Bennett Estates in Thurmont opens featuring the Addison model. Homes start around 154000 with three and four bedroom designs, one to two stories and garages. Rock Creek Realty develops with MNC Mortgage, FCNB Bank funded the project, Keystone Title handles services, and model home hours are daily except Wednesday noon to 5 pm or by appointment.
MENTIONED IN THIS ARTICLE
Bennett Estates
Thurmont
Addison Tit
MD. 550
Cape Cod
Rock Creek Realty
MNC Mortgage
Grain and soy prices rise on CBOT amid weather, aid
Prices for wheat corn and soybeans edge higher on the Chicago Board of Trade, supported by government purchases for overseas aid and weather concerns in South America. Wheat March futures up 7.5 cents to 2.87, corn 6 cents to 2.23, oats 3 cents to 1.12, January soybeans up 1.5 cents to 5.33, February live cattle at 2.17, feeder cattle 0.10 higher to 0.7167, February lean hogs up 2 cents to 34.72, February pork bellies 3 cents to 47.03.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
South America
Also Mentioned on This Page
Renaissance Award
John Johnson
J.A.J. Construction
Frederick
Remodeling Magazine
National Association of Home Builders
Larry Schaffert
CGR
Jagie
Beverly Shelton
Frederick County Builders Association
Eileen Pelletier
Mark Pelletier
Tammy Middleton
Kevin Middleton
Johnson
Professional Remodelers Organization
PRO
Marriot International
ExecuStay
Sai Mike DiGiovanni
Ford
America
Susan Jacobs
Jacobs & Associates
Rutherford
N.J
Elling
United States
Frederick Netus Post
Crumland Farms
NetStorm Internet
RSET
RAS
Matsa Funds Report
Scottsdales Securities, Inc. Discount Stock Brokers
Monroe Street Plaza
Rockville
Cea da Ray
Bas Mgt Noz Pretary
F&m Bancorp
Oribital Jones Industrial
First United Af Science
Fred Brewley
Mee
Penn Nat Teth
New York
Jcpenney
Pepsico
Mu Atleg Enrgy
Lockheed A
Lowe's
Marriottee
Worldcom
WalMart
Coca Cola
Py Weis
Comsat
Seithe Sun Priist
Crown Amer Tih Nextel
Exxon
Fcnb Corp
Ferris Baker
Watts
Emil Bennett
Fcnb Bank
Keystone Title
Suift Pho
Ed Waters
Hank
Thes
The
Fone Bank
SRA
Socatl Ecar Bank Toray
FCNB
Wmbank
Fond Bank Carn Miathre Enc
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