Dreams Don't Always Match With Reality

The News Journal reports from Delaware. "Whether you're a home builder or a home buyer, these are times when dreams don't always match with reality. At the luxury beach community The Peninsula on the Indian River Bay, the tide of recession-driven frugality has pushed one builder toward a...
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When Responsibility Becomes A Liability

The Marin Independent Journal reports from California. "Home sales in Marin last month continued to highlight buyer preference for discounted bargains as the overall median price dipped nearly 26 percent from last year's level, matching trends across the Bay Area. The median price of a...
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We've Never Been Down This Road Before

It's Friday desk clearing time for this blogger. "Brisk home sales have made Sacramento the envy of real estate agents in 45 other states where sales are still declining. Yet analysts remain stubbornly cautious. They say there are still too many conflicting signals to accurately forecast a...
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They’re Going To Have To Come Down

A report from the Canadian Press. "Real-estate experts say low mortgage rates and more affordable homes in many markets are drawing out first-time home buyers in droves, but one independent analyst says the correction in Canadian home prices hasn't been nearly as dramatic as some believe. BMO...
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It's Not Going To Be Steak And Lobster Anymore

The Courier Journal reports from Kentucky. "Widespread foreclosures and depressed housing sales are dropping the assessed valuations of thousands of Jefferson County homes this year -- with western Louisville hit hardest. The county has reduced the assessment values for more than 26,000 homes,...
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The Misery Flows Upward In California

The San Diego Reader reports from California. "For the 12 months ended in February, bankruptcy filings in San Diego and Imperial counties are up 73 percent to 14,509, compared with the same period a year earlier, says Barry Lander, clerk of the bankruptcy court. Home foreclosures rose 133 percent...
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A One-Shot Deal

It's Friday desk clearing time for this blogger. "With foreclosures flooding the housing market and bringing new-home construction to a halt, KB Home has launched a new line of starter homes that are priced to compete with bank-owned properties. Travon Howell, 23, recently bought a...
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