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Bay area home prices continued to fall in January, posting a 23.3 percent yearly decline, according to the S&P/Case-Shiller home-price index, released Tuesday. ...more
April 1, 2009
All 20 areas tracked across the country showed a decline. Miami, the only other Florida city tracked, dropped 29 percent. ...more
March 31, 2009
Net migration from Mexico, mainly to the United States, plunged by more than 50 percent in late 2008 compared with a year earlier as fewer Mexicans left their country in search of work, the government said Thursday. ...more
February 20, 2009
Graciously conceding as vice president in 1980, Walter Mondale spoke of voters wielding "their staggering power." This year's energized electorate did that, thereby proving, among other things, that bad governance is good for turnout, a fact that should give pause to people who think high rates of voting are unambiguous indicators of civic health. ...more
November 8, 2008
More Americans unexpectedly signed contracts in August to purchase previously owned homes as mounting foreclosures pushed down prices, making homes more affordable. ...more
October 9, 2008
With fewer homebuyers in the South signing sales contracts to purchase existing homes in May than in April, the region showed the largest regional drop across the nation, a report released Tuesday said. ...more
July 9, 2008
TAMPA — A pending sales index shows 7.1 percent fewer home buyers in the South signed sales contracts to purchase existing homes in May than in April. It was the largest regional drop, according to a report released today by the National Association of Realtors. The index for the South also hit a new low, said Mike Larson an analyst with Weiss Research in Jupiter. It was a disappointment, he said, because, "the housing market had a bit of bounce in April because of moves made by the Feds to lower interest rates. ...more
July 8, 2008
LAKE PLACID — The bad news is that county residents are facing an economic downturn or recession, said a local economist, but the good news, it's only temporary, and will not last forever. William Pittenger, senior vice president and chief real estate economist, risk advisor with Seacoast National Bank, predicted an eventual economic upturn from a recession, which he said probably began in late 2007. Pittenger addressed more than 100 Greater Lake Placid Chamber members at last week's meeting at the Elks Club. ...more
June 18, 2008
The number of Americans signing contracts to buy previously owned homes fell more than forecast in December, reinforcing Federal Reserve officials' view that the housing slump won't bottom out until late this year. ...more
February 8, 2008
A growing conviction that the United States is headed toward recession sent Wall Street plunging Tuesday, with weak retail sales figures and disappointing results from Citigroup exacerbating investors' pessimistic mood. The Dow Jones industrials tumbled nearly 280 points. ...more
January 16, 2008
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