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Huge Auburndale Blaze Could Cost $21 Million  read more...


Washington Mutual Calls For Mortgage Disclosure  The company is asking mortgage brokers to provide more information to borrowers amid criticism that poor disclosures have led many borrowers to take out loans they couldn't afford.


Fed Keeps Key Rate Unchanged at 5.25 Percent  Knight Ridder Washington Bureau WASHINGTON - The Federal Reserve paused Tuesday after more than two years of 17 consecutive interest-rate hikes, but it cautioned that the break might be temporary


UK's mini housing boom 'running out of steam'  Publisher: Jon Land Published: 23/06/2006 - 13:24:40 PM Send to a friend Housing market 'running out of steam' The housing market has been bubbling up since the beginning of the


Natchez church free of mortgage (The Natchez Democrat)  NATCHEZ ? Songs, prayers and words of gratitude resounded through the sanctuary of Christian Hope Baptist Church Sunday afternoon at their mortgage burning ceremony.read more...


Program Helps Low-Wage Earners Save  They work, but they are unable to save or to buy a home or afford college educations.Commentread more...

September 15th, 2006

Valuation Gets Tough When Sales Slide

In cooling real estate markets, it’s one of the hottest questions: How do you value a specific piece of property when local home sales are down 20 percent to 40 percent from last year, inventories of unsold homes have ballooned by 200 percent or more, and all the trend lines are pointing negative?

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