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Article Published: 02/08/2010
Housing Bottom May Be Further Away Than Initially Thought
With unemployment expected to remain high, and a record number of foreclosures anticipated in 2010, some analysts are expecting a prolonged recovery for the US economy and the housing market.
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Article Published: 02/08/2010
HUD Creates New Office To Boost Affordable Housing
With family budgets strained, and the national jobless rate hovering near 10%, the newly created Office of Sustainable Housing and Communities faces tough challenges.
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Article Published: 02/08/2010
Miami Residential Real Estate Sales Rise While Prices Fall
Miami residential real estate transactions maintained their three year high in December 2009, even as median sales prices for new and resale homes and condos declined from December 2008.
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Article Published: 02/08/2010
Vancouver Real Estate Sales Surge Ahead Of Winter Olympics
Canadian real estate sales have picked up in Vancouver, British Columbia, with the help of strong demand from international buyers from Asia.
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Article Published: 02/08/2010
Bulgarian Real Estate Predicted To Continue Slide In 2010
Bulgarian real estate prices should continue falling in 2010, leading to growing fears that there will be a sell-off of foreclosed properties by anxious banks — spelling disaster for the property market.
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Article Published: 02/08/2010
Hong Kong Real Estate Investors On A Buying Spree
Lured by lax monetary policy, and discounts of up to 50% on luxury property, Chinese mainlanders have been on a buying spree in Hong Kong of late.
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Article Published: 02/08/2010
Portuguese Real Estate: Lisbon Offers Old-Fashioned Charm Near A Modern Urban Center
Foreign buyers interested in Portuguese real estate will most likely be drawn to Lisbon — a city that is strikingly modern, but with an old world European charm.
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Article Published: 02/05/2010
National Housing Prices See First Year-Over-Year Increase In 3 Years
January 2010 marked the first time since 2006 that home prices increased year-over-year.
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Article Published: 02/05/2010
Survey Suggests That Housing Prices Are Near Bottom In Many US Markets
A PMI survey suggests that housing prices are nearing their bottom, with the risk of further devaluation in the next two years dropping for many metro markets.
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Article Published: 02/05/2010
Phoneix Real Estate Prices Still Falling On High Saturation Of Foreclosure Sales
In December 2009, Phoenix existing home sales rose to their highest level for a December in four years, but more than half of the homes sold were foreclosure sales.
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Article Published: 02/05/2010
Sales Of Million Dollar Property In California Decline For Fourth Consecutive Year
2009 marked the fourth consecutive year sales of homes over $1 million in the state of California have declined, with the number of transactions down nearly one-fourth from the previous year.
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Article Published: 02/05/2010
Limited Supply Helps Lift London's Real Estate Market
The limited supply that helped lift London's real estate market also led to some unrealistic expectations, and games of wait-and-see among sellers.
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Article Published: 02/05/2010
Morocco's Government Aims To Boost Tourism And Foreign Investment
The Moroccan government plans to help the country's housing market by boosting tourism through investments in major coastal developments.
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Article Published: 02/05/2010
Dubai Residential Property Prices Rise Slightly But Rental Rates Still Falling
Introduced in an effort to ensure greater accuracy and transparency in the Dubai property market, a new index reports quarterly residential prices grew slightly to end 2009.
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Article Published: 02/04/2010
Federal Housing Rescue Efforts Have Been Tangled In Red Tape
The nation's federal housing rescue efforts have been tangled in red tape, while bank lobbies curry Congressional favors at the expense of average Americans.
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Article Published: 02/04/2010
Obama Introduces New TARP Program To Increase Small Business Loans
President Obama introduced a new TARP lending program to encourage small and midsize banks to produce more small business loans.
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Article Published: 02/04/2010
Las Vegas Residential Real Estate Sales Had Its Best December In 5 Years
Despite shrinking national home sales nationwide in December, the Las Vegas region had its best December in five years.
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Article Published: 02/04/2010
Elected Officials Are Leading The Nation On A Path To Bankruptcy
The 2011 budget estimates provided by the White House and the Congressional Budget Office, demonstrate the disparity in assumptions politicians make in projecting future revenues and spending.
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Article Published: 02/04/2010
Smaller Cities In Germany Offer Distinct Advantages For Real Estate Investors
Although often overshadowed by their more famous neighbors, smaller cities offer distinct advantages for investors in German real estate.
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Article Published: 02/04/2010
Homeowner Vacancy Rates Remain Virtually Unchanged In 2009
Homeowner vacancy rates remained virtually unchanged in the fourth quarter of 2009, compared with the rest of 2009 and the fourth quarter of 2008.
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