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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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MSNBC
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Nearly 60 percent more U.S. homes faced foreclosure in February than in the same month last year, with Nevada, California and Florida showing the highest foreclosure rates, a research firm said Wednesday.
A total of 223,651 homes across the nation rece..
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MSNBC
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Lenders are also posting huge losses as the easy money lending spree that fueled the housing boom continues to unwind. This month alone many major banking companies including Citigroup, Merrill Lynch, Morgan Stanley and Bank of America have reported billi..
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BBC News
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The number of new US homes built in May fell more than many analysts expected, according to official figures.
The Commerce Department said that the number of new homes built dropped by 2.1% in May, after rising 1% in April.
However, while constructi..
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Yahoo News
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The median price of a new home plunged in September by the largest amount in more than 35 years, even as the pace of sales rebounded for a second month...
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BusinessWeek
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Chicago-based Neumann Homes went bankrupt last November, leaving a trail of wreckage in its path. Its worst victims? Homeowners
When Patrick and Betty Ann Wagner moved 50 miles from Chicago's Northwest Side to suburban Antioch, Ill., a year ago, they f..
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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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MSNBC
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The number of homes facing foreclosure jumped 57 percent in January compared to a year ago, with lenders increasingly forced to take possession of homes they couldn’t unload at auctions, a mortgage research firm said Monday.
Nationwide, some 233,001..
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MSNBC
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Difficult to track
Sometimes it's hard to track where the homeless go.
In Philadelphia, the risk is too great to send case workers into vacant homes to check for homeless needing help, said Ed Speedling, community liaison with Project H.O.M.E. "We'r..
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MSNBC
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At a recent county sheriff's foreclosure sale, with Brad in the drab auditorium keeping tabs, the auction of more than 120 homes lasted about 81 minutes. Some homes failed to attract a bid, some were withdrawn, and most got a single bid, typically by the..
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MSNBC
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Sales of existing homes fell for the eighth consecutive month in October, with median home prices falling by a record amount. Analysts blamed the worsening housing slump on the credit crunch that hit in August.
The National Association of Realtors repo..
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MSNBC
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Despite a dip in foreclosures last month, it appears unlikely that the wave of bad loans that have forced record numbers from their homes will peak any time soon. And despite efforts by lenders, politicians and homeowners to stem the tide, borrowers tryin..
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MSNBC
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Construction activity plunged in July by the biggest amount in six months as spending on homes fell for a record 17th straight month.
The Commerce Department reported Tuesday that construction spending dropped 0.4 percent in July, compared with June, t..
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MSNBC
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A real estate industry trade group said Wednesday it expects sales of existing homes to drop 4.6 percent this year to 6.2 million.
Two months ago, the group had predicted a 2.2 percent decline for the year.
Sales of new homes are forecast to drop 18..
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FOX News
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Sales of new homes surged in April by the biggest amount in 14 years, but the median price of a new home dropped by the largest amount on record. The mixed signals left no clear picture of whether the worst of the nation's housing slump is over.
The Co..
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MSNBC
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Construction of new homes rose for a second straight month in March, providing at least the glimmer of hope that the worst of the housing downturn may be over.
The Commerce Department said that builders started work on 1.518 million new homes at a seas..
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USA Today
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The national median price for existing homes is expected to drop this year for the first time since the National Association of Realtors began keeping records in the late 1960s, the group said Wednesday.
The NAR is forecasting a 0.7% dip in 2007 for th..
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Los Angeles Times
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Prices of single-family homes across the nation depreciated in January compared with the same month last year, the worst results in more than 13 years, a housing index released Tuesday by Standard & Poor's showed.
The S&P/Case-Shiller composite index s..
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ABC News
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When it comes to the world of sticks and bricks — building new homes to house America's families — there has been a lot of change in the last year.
When the real estate market was red-hot, builders were breaking ground on new developments at a rapi..
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