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For Sale By Owner  SPONSORED LISTINGS Help-U-Sell Real Estate Our local full service real estate experts could save you thousands on your next real estate transaction.read more...


Confused by all the Mortgage Options? Here's Help (Advocate Tribune)  (ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts,


Realtors Group Lowers Housing Forecast  "With the population growing, the demand for homes isn't going away it's just being delayed" The Associated Press Wednesday, August 08, 2007 A trade group for real estate agents


Mortgage Brokers Take Jobs Advising Anxious Borrowers  As mortgage defaults soar, some former loan officers have converted to a new occupation: counseling homeowners who are trying to avert foreclosure. read more...


Skylights Need to Be Planned, Managed  The Florida House recently passed unanimously a property tax overhaul package without debate. The package will now go to conference with the Senate as there are major differences in the


Third Avenue's Winer: Home Builders Not Cheap Enough to Buy  Michael Winer, manager of the Third Avenue Real Estate Fund Value Fund, tells the Reuters Investment Outlook Summit : "We thought there might be an opportunity to start investing in

February 10th, 2008

Many Believe US Is Already in Recession

“Absolutely, we’re in a recession”

Empty homes and for-sale signs clutter neighborhoods. You’ve lost your job or know someone who has. Your paycheck and nest egg are taking a hit. Could the country be in recession?

Sixty-one percent of the public believes the economy is now suffering through its first recession since 2001, according to an Associated Press-Ipsos poll.

The fallout from a depressed housing market and a credit crunch nearly caused the economy to stall in the final three months of last year. Some experts, like the majority of people questioned in the poll, say the economy actually may be shrinking now. The worry is that consumers and businesses will hunker down further and pull back spending, sending the economy into a tailspin. Read more



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