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SSU center shows it's easy to be green  As you approach Sonoma State University's Environmental Technology Center in Rohnert Park, it's immediately apparent this isn't your ordinary college building.via


Redman House hosts Sunday breakfast  The Redman House is hosting an outdoor Sunday breakfast with a "grand old dame" April 23.read more...


What You Call a Bedroom Might Not Be One   You might doze off in the family room every night, but that won't make it a bedroom when it comes time to sell the house.read more...


Mortgage Company Moves From Charlotte To Lancaster County (WSOC-TV 9 Charlotte)  LANCASTER, S.C. -- A mortgage company is moving its headquarters from Charlotte, North Carolina, to Lancaster County, bringing about 650 jobs across the state line.read more...


Bricks & Mortar Geoffrey Weston outside his house in Debenham,Suffolk which cannot sell  "Smaller flats and terraces will suffer, but family homes will fare a little easier." This seller will not budge on price despite a difficult market. Is this a mistake?


Gainesville Ranked No. 1 Place to Live  The receptionists at the Gainesville Area Chamber of Commerce added a new line to their greeting this week: "Thank you for calling the Gainesville Area Chamber of Commerce in the

July 25th, 2007

Existing Home Sales Drop for 4th Month

“Housing is contracting at an accelerating pace, taking out with a vengeance the brief stabilization at the turn of the year”

Sales of existing homes fell for a fourth straight month in June and even a small increase in home prices was not enough to lift the gloom surrounding the housing industry.

The National Association of Realtors reported that sales of existing homes dropped by 3.8 percent in June to a seasonally adjusted annual rate of 5.75 million units, the slowest sales pace in 4 1/2 years.

The median price of an existing home edged up slightly to $230,300 in June, a 0.1 percent increase from the sales price a year ago. That was the first year-over-year price increase in 11 months but analysts cautioned that it would take more months to determine whether the downward trend in prices has finally stabilized. Read more



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