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Rising mortgage rates add to housing woes (The Christian Science Monitor via Yahoo! News)   Rising mortgage rates, reflecting higher inflation, are starting to compound the US housing market's woes.read more...


After Mortgage Jitters, Stocks Rise On a Spate of Acquisitions (Washington Post)  NEW YORK, March 12 -- Wall Street's recovery from last month's plunge gained momentum Monday, as investors looked past widening cracks in mortgage lending and bought stocks in response to


West Salem housing expected to boom  With the summer construction season nearing an end, it's looking like another good year for area housing starts.read more...


Marino manse listed for $15.9M, furnished (Reg Req'd)  For $15.9 million, you can sleep in Dan Marino's bed. The soon-to-be Hall of Fame quarterback is selling his sprawling mansion in Weston's Windmill Ranch neighborhood, furniture included.read more...


New home construction down 20% in region  New housing construction has dropped by more than 20% in southeastern Wisconsin for the year through August, according to a report by MTD Marketing Services LLC.read more...


Few Borrowers Understand New, Easier-term Mortgages  TThey are the new breed of "affordability'' mortgages, and home buyers in high-cost real estate markets can't get enough of them: Interest-only and "payment-option'' plans that cut monthly payments sharply

August 29th, 2006

A Year After Katrina, Many Homes Remain Abandoned in New Orleans

The city is still struggling to get back on its feet. Congress has recently appropriated $10.5 billion to help local homeowners rebuild their homes, but redevelopment is likely to be spotty.

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