Builder Confidence Index Remains Flat in August, Despite U.S. Market Uncertainty

David Crowe Based on the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for August, builder confidence in the market for newly built, single-family homes held unchanged at a low level of 15. “Builders continue to confront the same major chall
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Fitch affirms U.S. AAA rating, disagrees with S&P (Reuters)

Reuters – Fitch Ratings on Tuesday confirmed the United States’ top-notch credit rating and, in blatant disagreement with rival Standard & Poor’s, gave a vote of confidence to Washington’s deficit-reduction efforts. Yahoo! News: Business News
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Beacon Capital Wins Bidding for 14 U.S. Office Buildings

Charter Hall Office REIT in Sydney, Australia, executed binding contracts to sell its interest in 14 U.S. office buildings for $ 1.71 billion to entities affiliated with Beacon Capital Partners LLC. The gross sale price represents a $ 35 million (or 2%) premium to the Dec. 31, 2010, b
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