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Archives » December, 2007

Merry Christmas and Happy New Year

May your real estate dreams, any many others, come true in 2008!
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Housing Starts Decline 3.7%

By MICHAEL M. GRYNBAUM
Published: December 18, 2007
The housing market, in its deepest rut since the early 1990s, showed little sign of stabilization in November, and economists expect conditions to worsen in the near term.
Groundbreakings for new homes fell 3.7 percent in November, to a 1.187 million annual rate, the Commerce Department […]

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When will market hit bottom?

By Glenn Roberts Jr.
Inman News
Editor’s note: With the end of a year marked by weakening housing markets drawing to a close, the question on many industry professionals’ minds is “When will this market hit bottom and when will it start to recover?” In this three-part series, Inman News seeks insight from housing analysts who go […]

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Subprime Debacle Traps Even Very Credit-Worthy — As Housing Boomed, Industry Pushed Loans To a Broader Market

By Rick Brooks and Ruth Simon
The Wall Street Journal

One common assumption about the subprime mortgage crisis is that it revolves around borrowers with sketchy credit who couldn’t have bought a home without paying punitively high interest rates. But it turns out that plenty of people with seemingly good […]

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