Total Existing-Home Sales Were at the Third-Highest Pace on Record in the First Quarter, NAR Says RISMEDIA, May 12 + Total existing-home sales, which include single-family and condos, were at the third-highest pace on record in the first quarter.via
Mortgage payoff on steroids (Los Angeles Times) W hen Stockton resident Kevin Byrd refinanced his mortgage a couple of years ago, he figured he'd need the full 30 years to pay off more than $300,000 in debt.
Commission Awards Contracts for New Building The Franklin County Commission Thursday awarded 12 contracts for construction of the county's new $7 million administration building.via
Mortgages that can help with soaring energy costs As home energy bills soar, government agencies and private lenders are offering homeowners thousands of dollars in financing to seal off drafty windows and purchase energy-saving appliances.read more...
Appeals board allows reduction of setback for county building site A request by Effingham County to reduce a yard setback on a lot where the maintenace building will be constructed in southern Effingham was approved, but only after unusual circumstances
Classic holiday stories inspire during tough times Hard times have you down this holiday season? Take a trip to the library for some inspiration from treasured stories of Christmas past.read more...
“At issue is how deep and long this contraction will be”
The world economy is ‘teetering on the brink’ of a severe downturn and is expected to grow only 1.8 percent in 2008, the United Nations said in its mid-year economic projections Thursday.
That’s down from a global growth rate of 3.8 percent in 2007, and the downturn is expected to continue with only a slightly higher growth of 2.1 percent in 2009, the U.N. report said.
The mid-year update of the U.N. World Economic Situation and Prospects 2008 blamed the downturn on further deterioration in the U.S. housing and financial sectors in the first quarter, which is expected to ‘continue to be a major drag for the world economy extending into 2009.’ Read more
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