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SF Gate
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Sales of new homes rose in April for the first time in six months although the unexpected increase still left activity near the lowest level in 17 years.
The Commerce Department reported Tuesday that sales of new homes rose 3.3 percent in April to a se..
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BusinessWeek
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Even as Mexican workers send less money home and families struggle to stay above the poverty line, the U.S. is still considered a land of opportunity
In better times, the money Martimiano Pineda wired back to Purechucho from roofing jobs in Florida coa..
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BusinessWeek
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Even with the housing market declining, it's bad policy to give homes preferential tax treatment over stocks and other investments
Homeownership has long been a vibrant part of achieving the American Dream. But these days owning a home is more like sta..
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BusinessWeek
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Why home prices could drop 25% more on average before the market finally hits bottom
As Washington policymakers struggle to keep the U.S. out of recession, the swirling confusion over the housing market is making their job a lot tougher. Will American..
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MSNBC
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The FBI on Tuesday said it is investigating 14 companies for possible accounting fraud, insider trading or other violations in connection with home loans made to risky borrowers.
Agency officials did not identify the companies under investigation but s..
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MSNBC
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As Congress and the White House continue to work toward solutions to help embattled homeowners, home foreclosure filings took a big jump in the third quarter, according to the latest data from real estate Web site RealtyTrac.
Foreclosure actions were r..
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CNN
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Robert Shiller is worried about your home's value, and that's not good. A finance and economics professor at Yale, Shiller proved he could see a crash coming with his book "Irrational Exuberance," which forecast the end of the 1990s stock bubble and hit b..
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Market Watch
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U.S. home prices continued to fall in February, with prices down 1.5% in 10 major cities compared with a year ago, according to the S&P/Case-Shiller home price index released Tuesday.
Home prices depreciated year-over-year for the second straight month..
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Alter Net
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Home Depot salesclerks get about $8-$10 an hour for lifting heavy objects and running around the floor all day with no tips while its departed CEO got $210 million bonus for sinking the value of the company's stock.
I’m not upset by the $210 million..
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Washington Post
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Would you take out a 30-year car loan?
Okay, you're probably thinking that sounds outrageous, so let me take it down a bit. How about a 10-year auto loan?
If you're financing the purchase of a car with the equity in your home, that is exactly what y..
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Bloomberg
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Tighter credit standards among mortgage lenders might lower U.S. home prices by 10 percent this year and push the economy into recession, a Merrill Lynch & Co. analyst said in a report.
New Century Financial Corp., the second-biggest subprime lender an..
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BusinessWeek
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With home buyers sitting tight, builders are hurting and crying for congressional help. But some say a tax credit may only prolong the agony
Robert Toll took time out from explaining his company's dismal earnings report on June 3 to pitch a proposal. T..
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BusinessWeek
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Hammered by the housing bust, Home Depot and Lowe's are selling do-it-yourselfers on cheaper fixes
A new TV ad for Lowe's (LOW) features a family getting a copy of a key made as the gravelly voice of actor Gene Hackman reminds viewers: "At heart we're..
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BusinessWeek
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Sagging earnings reports suggest it will take more than stimulus checks to revive America's home-improvement giants
It was already clear that Home Depot (HD) and Lowe's (LOW) would get pummeled by the drop in new-home construction and housing sales. Bu..
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SF Gate
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Wall Street was headed for a modestly higher open Friday as investors awaited data on new home construction last month.
The Commerce Department is expected to report that construction of new single-family homes and apartments declined in April by about..
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BusinessWeek
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Even in affluent communities, foreclosures often offer a chance to buy a luxury home for as much as 40% or more off the market value
At the end of 2006 a new 4,000-square-foot home with a three-car garage in a small gated subdivision in Las Vegas sold..
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MSNBC
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Sales of existing homes fell for the sixth straight month in January, dropping to the slowest sales pace on record. Median home prices were also down and many analysts predicted further price declines in the months ahead given high levels of unsold homes...
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BusinessWeek
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Unable to tap home equity, strapped consumers are using plastic. Trouble is, many are having trouble making monthly payments
After a gloomy holiday season hobbled by rising unemployment and fears of a recession, the bad news just keeps coming for cash-..
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BusinessWeek
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KB Home reports a huge loss and Countrywide fights off bankruptcy rumors. Looks like the U.S. housing sector is in for another tough year
In case you were still harboring a tiny bit of optimism about the U.S. housing sector, just take a look at a coupl..
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MSNBC
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People taking out home mortgages may gain new protections soon against shady lending practices as the Federal Reserve seeks to back even the riskiest borrowers, already hit hardest by the housing and credit crunches.
Rules expected to be proposed Tuesd..
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