Union workers, contractors donate $20,000 to reward fund With a gift of $20,000, local union workers and contractors more than doubled the amount of a reward available to whoever offers police information leading to the arrest and conviction
Some agents see better ways to sell than open house The open house, literally opening your house to anyone who shows up 2-4 p.m. on a Sunday afternoon, has been a real estate marketing staple for years.read more...
Home loan average continues to rise (Reg Req'd) THE average home mortgage has increased 30 per cent over the past three years, despite the cooling Australian property market, an index shows.read more...
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Those amazing mortgage rates (KTRE-TV East Texas) UNDATED It looks as though it's happening yet again. The experts said mortgage rates would finally be going higher this year -- but, for another year, the market is defying
“That’s a pretty big haircut he’s given the total outlook for 2008”
Morgan Stanley on Friday sharply cut its forecast for retail sales growth in 2008, saying U.S. consumer spending will be restricted by declining home values, tighter credit standards and more modest job growth.
Analyst Gregory Melich now expects retail sales to grow 3 percent in 2008, down from a previous forecast of 4.5 percent. That would mark the slowest annual growth in retail sales since 2003.
His forecast assumes average home prices fall about 6 percent from where they are now, leading to about $100 billion less in total consumer spending, half of which he predicts would come from traditional retail categories. Read more
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