New homes fell 11.3% in November to a seasonally adjusted annual rate of 355,000 as a popular tax break for first-time homeowners was set to expire, the Commerce Department estimated Wednesday.
It was the lowest sales pace since April and followed months of steadier sales boosted by the tax break that was set to expire on [...]
Sept. 17 (Bloomberg) — Builders in the U.S. broke ground on fewer single-family homes last month as the expiration of the government’s tax credit for first-time buyers approached.
Single-family projects dropped 3 percent, the first decrease since January, while work began on 25 percent more multifamily units such as apartments, figures from the Commerce Department showed [...]
Because businesses are governed by rules, regulations, and laws, most must have permission from a government office to operate. They get this permission by filling out applications and paying for their licenses. In addition, the majority must also supply a bond of some kind. This bond is a promise—backed by a fee—that the business and [...]
