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A Legal Maneuver That Could Keep Property in the Family   SCIN. No, it's not the stuff that covers our bodies. It's a complex legal and financial transaction, but it may be of interest to elderly homeowners and their families. read more...


'Challenging Environment' A 'Sign Of The Times'  Wall Street is sounding off on the housing bubble. "JMP Securities on Monday downgraded shares of a pair of homebuilders that operate in markets where the analysts see signs of


'I'm paying my mortgage in two years' (BBC News)  Ever wondered what life would be like without that mortgage millstone around your neck? One family who signed up for an experiment to pay off her mortgage in two years


Southern Maine 'Caught' In Slowing Market  The Portland Press Herald has a rare look at the Maine housing market. " Gone are the days of bidding wars and open houses that draw dozens of shoppers.read more...


Titusville's pioneers are energizing their once-rundown downtown  More than once a week. Once a week. Every other week. Whenever. Results are not scientific Titusville's pioneers are energizing their once-rundown downtown Linda Shrieves .read more...


Mortgage broker admits money laundering (Moldova.org)  A mortgage broker has pleaded guilty to money laundering in California, admitting he helped funnel a bribe to former U.S. Rep. Randy Cunningham. John Michael of New York also acknowledged

March 6th, 2008

Housing Sales Slowest on Record

Sales of existing homes fell for the sixth straight month in January, dropping to the slowest pace on record. Median home prices were also down, and many analysts predicted further declines given high levels of unsold homes.

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