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Condo Prices Head Lower Across U.S.  Buyers are backing out of condominiums according to a National Association of Home Builders survey, which says 28% of sellers reported increased sale-cancellation rates in the fourth quarter of 2007


Black Atlantans more vulnerable than whites in subprime market   "If what you get in your mailbox is a certain set of lenders all the time, then those are the lenders you think about going to" An analysis of


Less paper, but fewer deductions  Members of President Bush's tax commission planned to propose Tuesday to radically shrink and simplify federal tax forms, in part by doing away with popular deductions such as the one


Growth means green  The Main Street project, a $30 million mixed-use development under construction, will have 235 residential units, both for rent and for sale, and 25,000 square feet of retail space.read more...


MENA: Merrill Lynch says strong demographics and housing supply demand mortgage (Mena Report)  Mortgage markets across the Middle East and North Africa (MENA), are poised for growth thanks primarily to a young, expanding population, wide availability of housing and more availability of housing


Congress Committee to Discuss Baker's Louisiana Recovery Bill  Louisiana Here is information sent from Congressman Bakers Office on an important House matter: The Committee on Financial Services, chaired by Rep.read more...

July 31st, 2006

Levels of debt spiral to 68,000 per head

THE level of household debt has swollen to a massive 68,000 for every person in the country and is set to rise further with a new report forecasting the average price of a house will be 400,000 by the end of …

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