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Homeowner Equity Declines To Lowest Level In 60 Years
The equity Americans have in their most important asset - their home - has dropped to its lowest level since the end of World War II. ...more
June 6, 2008
Property Developer Cutting Way Back
St. Joe Co., Florida's largest private landowner afflicted by the worst housing slump in 16 years, plans to eliminate more than 75 percent of its work force, sell about 100,000 acres and scrap its dividend. ...more
October 9, 2007
Economic Woes Stifling Sales
Crumbling consumer confidence and slumping home sales could prove to be a bad combination for retailers, and for the broader economy going into the holiday season, if the labor market contracts further and chokes off spending, economic data showed Tuesday. ...more
September 26, 2007
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