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Real answers to real estate questions (Reg Req'd)  For homeowners in Orange County, it's been a great ride in the past few years, as local home prices recorded double-digit increases.read more...


Mortgage company's license suspended (The Clarion-Ledger)  The Mississippi Department of Banking and Consumer Finance has suspended a Meridian mortgage company's license over allegations the company falsified documents.read more...


Fieldstone Mortgage files Ch. 11 bankruptcy (BizJournals)  Citing rising mortgage delinquencies and tightening credit markets, Fieldstone Mortgage Co. has filed for Chapter 11 bankruptcy protection. (MTG) (RDN)read more...


A bargain at $288,750? Buyer Beware  "Opportunity knocks!" proclaimed a real estate handbill about a five-bedroom home on two acres selling for $288,750. But here is what you won't find on the advertisement for the property


We spend what we make, survey reveals  How does your spending compare with other people's? It isn't difficult to find out.Commentread more...


Housing boom peaks, cooling off  The housing boom has peaked, the National Association of Realtors said yesterday.read more...

August 27th, 2007

Sales Fall Again for Existing Homes

Sales of existing U.S. homes fell in July for the fifth consecutive month, prices continued to erode and the supply of single-family homes rose to a 16-year high by one key measure, according to the National Association of Realtors.

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