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December existing home sales fall but 2005 a record  WASHINGTON - Home resales in the United States fell 5.7 percent in December to the lowest level since March 2004 as the market cooled on the back of slowing Midwest


Mortgage lending picked up in July (Reuters via Yahoo! UK & Ireland News)  Net underlying mortgage lending picked up in July, the British Bankers' Association said on Monday, suggesting that the housing market is still weathering five interest rate increases in the past


Bush tax panel targets mortgage deduction (Seattle Post-Intelligencer)  A panel that is supposed to reform federal tax laws is taking aim at the deduction on home mortgage interest. The proposal would mean a less-generous deduction, especially in cities


Jayhawk expands, still offers friendly service  If you stand around Jayhawk Lumber Glass and Rental long enough, you notice that customers who walk in are usually greeted by name.via


Yahoo  Buy a home for 1/2 price? - Search 500,000 foreclosure and bank homes. Get an online or campus degree - Associate, Bachelor's, Master's and more.via


Stocks gain as semis lead tech sector higher  "People are realizing profit growth is going to reaccelerate along with GDP growth, so earnings this quarter have the potential to surprise on the upside" Stocks were trading higher

March 22nd, 2007

US house sales jump as prices dip

A market slowdown has prompted some sellers to cut their prices US existing home sales rose at their fastest rate since March 2004 last month, despite fears of a slowdown in the property market.
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