July, 2009

Sharp Rise in New U.S. Home Sales as Prices Fall

 WASHINGTON (AP) — The government said Monday that new home sales in the United States rose by the largest amount in nearly eight years last month, in another sign the housing market was bouncing back from the worst downturn in... (Continue reading)

FORECLOSURE RISES DESPITE ECONOMIC STIMULUS

The foreclosure crisis continued to grow in the first half of 2009, affecting more than 1.5 million homes, according to a mid-year report from foreclosure listing service RealtyTrac Inc. The report cites a 9 percent increase in total properties in foreclosure... (Continue reading)

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