Archive for November, 2009

CQ Transcript: Sens. Graham, Sanders on ABC’s ‘This Week’ (CQPolitics.com via Yahoo! News)

Monday, November 30th, 2009

CQ Transcriptswire

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Small builders left out of improving real estate market (The Sierra Vista Herald)

Monday, November 30th, 2009

By Derek Jordan erald/Review No descr   SIERRA VISTA — The National Association of Realtors recently announced that existing-home sales had reached their highest levels in more than two-and-a-half years, but one local home builder said though it was good news, smaller companies are having issues getting funds to capitalize on the situation. More than 6 million single-family, townhomes …

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New homebuyer credit extends benefits to current owners (Erie Times-News)

Monday, November 30th, 2009

The government’s $8,000 tax credit for first-time homebuyers expires at the end of Monday, but local Realtors say the effort to jump-start the real estate market is only just beginning.

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Harney: Law professors urges struggling homeowners to walk away from mortgages (San Jose Mercury News)

Monday, November 30th, 2009

Stop paying on your mortgage if you owe more than the house is worth. And most important: Don’t feel guilty about it. That’s the incendiary core message of a new academic paper by Brent T. White, a University of Arizona law school professor.

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US-BUSINESS Summary (Reuters via Yahoo! Singapore News)

Sunday, November 29th, 2009

Black Friday sales barely up, online surges

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Time to rethink finances? (Louisville Courier-Journal)

Sunday, November 29th, 2009

Kathy Thompson plans to make a new start along with the new year. She accepted a buyout after 17 years in pharmaceutical sales and the 56-year-old Sellersburg, Ind., resident wants to get into marketing or communications. She’s also considering starting a health care consulting business.

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Lenders rejecting single surveys for loans (Scotland on Sunday)

Sunday, November 29th, 2009

HOMEBUYERS in Scotland are being forced to pay hundreds of pounds for a second survey because major mortgage lenders are refusing to accept the valuations contained in the new home reports system.

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US-BUSINESS Summary (Washington Post)

Sunday, November 29th, 2009

Black Friday sales barely up, online surges CHICAGO (Reuters) - In a worrisome sign for retailers, data released on Saturday showed that sales rose a scant 0.5 percent on the traditional kickoff to the holiday shopping season despite early signs of a strong showing. A focus on bargains pulled…

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Break chains of mortgage morality, lawyer says (San Francisco Chronicle)

Sunday, November 29th, 2009

Go ahead. Break the chains. Stop paying on your mortgage if you owe more than the house is worth. And most important: Don’t feel guilty about it. Don’t think you’re doing something morally wrong. That’s the incendiary core message of a new academic paper by…

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The Nation’s Housing: Walking away from a mortgage (Washington Post)

Saturday, November 28th, 2009

Go ahead. Break the chains. Stop paying on your mortgage if you owe more than the house is worth. And most important: Don’t feel guilty about it. Don’t think you’re doing something morally wrong.

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