Sunday, January 16, 2011 Sector:  Household Goods Home Construction    Last Close: 436pMarket Cap:  £1.3bn    12 Month Closing Price Range: 336.5p/507.5pCompany OverviewPersimmon is the UK’s largest listed housebuilder within the UK.  The business operates under three main brands, Persimmon Homes, Charles Church and Westbury Partnerships.The Persimmon Homes business is the core operation, building quality homes which provide the very best in design, construction and Read more [...]

The Greater Statesville Chamber of Commerce is selling its offices on East Front Street.The 4,314-square-foot building, which houses the chamber and the Greater Statesville Development Corp., was put on the market Dec. 29 and is being listed by Tsumas Real Estate and Development for $372,840.Chamber President David Bradley said the organization is looking for office space to lease, preferably downtown.He said leasing a space would be cheaper than the overhead to maintain Read more [...]

<!--Saxotech Paragraph Count: 13-->Brian Seibert, president of Watson Group Financial in Waterford, said that Fannie Mae and Freddie Mac requirements that comparable sales from the past 90 days be used are making local home values decline even more.For example, if you are trying to sell a lakefront home in March, there are likely not many comparable sales."That's why sometimes inferior comparables are used," he said.Appraisers can use comps older than 90 days, but they must provide a full explanation Read more [...]