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Hovnanian CEO sees signs of housing market botto |
09-08-09 |
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| Hovnanian Enterprises Inc.'s chief executive said Thursday the homebuilder has begun buying land, raising home prices and reopening previously mothballed developments in response to signs that the ... |
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Industry group proposes replacing Fannie, Freddie |
09-08-09 |
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| WASHINGTON (AP) — A mortgage industry group wants Fannie Mae and Freddie Mac replaced with private companies that would be able to issue mortgage bonds formally backed by the federal governme... |
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Madoff's Long Island beach getaway put up for sale |
09-01-09 |
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| MONTAUK, N.Y. (AP) — Those who see Bernard Madoff as an evil purveyor of excess might be disappointed by his beach house: It's not that palatial.
At 3,014 square feet, the home is cottage-si... |
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July construction spending slips 0.2 percent |
09-01-09 |
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| WASHINGTON (AP) — Construction spending edged down in July as weakness in nonresidential building and government projects offset the best showing for home building in 10 months.
The Commerce... |
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Financial crisis cripples new affordable housin |
08-31-09 |
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| For thousands of low-income renters nationwide — but especially in rural towns and small cities — the recession is hitting home in an unexpected way.
Nationwide, funding to build low-c... |
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UK house prices in biggest rise in 5 years |
08-31-09 |
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| LONDON (AP) — House prices in England and Wales saw their biggest monthly rise in five years in July, a further indication that the housing market here is recovering from its crash, the Land ... |
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Mortgage rates up slightly, still near record lows |
08-27-09 |
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| WASHINGTON (AP) — Rates for 30-year home loans edged up this week, but remain close to record lows reached over the spring.
The average rate for a 30-year fixed mortgage was 5.14 percent, up... |
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Sale of big-ticket items soar, bolstering economy |
08-27-09 |
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| WASHINGTON (AP) — Consumers and businesses went on a big-ticket spending spree in July, sending home, car and equipment sales soaring by the largest amount in years.
The sales, detailed in t... |
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Affordability leads to home sales spike in South |
08-21-09 |
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| MIAMI (AP) — Home resales spiked 5.6 percent in the South in July, the highest annual increase in nearly four years and evidence the region's housing market is climbing out of the grave, the ... |
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Home construction up for 5th month in a row |
08-21-09 |
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| WASHINGTON (AP) — At least the market for new homes isn't getting worse anymore, and that's the first step to getting better.
In fact, the overall economy is actually getting a small boost... |
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