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Getting a Mortgage in 2010: 10 Things to Know
More than three years into a painful housing crash, the real estate market has sent recent--albeit tentative--signs of stabilization. Home sales have increased, inventory levels are down, and price declines have become less precipitous. Along with more affordable home prices and a tax perk from Uncle Sam, attractive mortgage rates--which remained below 5 percent as of late November--have been a driving force behind this development.
Activities:2008 U.S. Real Estate Crisis
2009-12-03
Seniors suffer in troubled California subdivision
HEMET, Calif. - John and Donna Pringle were newly widowed when they fell in love and decided to slip into retirement together at a sprawling community being built for the 55-and-up crowd a few miles from their homes in this sun-bleached Southern California town.
Nations:U.S. Activities:2008 U.S. Real Estate Crisis Source:(AP)
2009-11-26
October U.S. new home sales seen rising 2 percent
NEW YORK (Reuters) - Sales of new U.S. single-family houses likely climbed in October, but forecasts varied widely on the impact of the first-time homebuyer tax credit, a Reuters survey found.
Activities:2008 U.S. Real Estate Crisis Source:(Reuters)
2009-11-25
Foreclosures dip 3 pct. in October from September
NEW YORK - The number of homeowners on the brink of losing their homes dipped in October, the third straight monthly decline, as foreclosure prevention programs helped more borrowers.
Nations:U.S. Activities:2008 U.S. Real Estate Crisis Source:(AP)
2009-11-12
Congress set to expand homebuyer tax credit
WASHINGTON - Buying a home is about to get cheaper for a whole new crop of homebuyers - $6,500 cheaper.
People:Max Baucus Barack Obama Activities:111th Congress 2008 U.S. Real Estate Crisis Source:(AP)
2009-11-05
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