Reuters - Sales of newly built single-family homes fell 14.7 percent in December, the largest monthly decline since 1994, data showed on Thursday, indicating the housing market’s downward spiral was far from reaching a bottom.

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AFP - US new home sales slid 14.7 percent in December to the lowest monthly level on record, capping a year that showed a 37.8 percent drop, the government said Thursday.

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AP - Union membership jumped to 12.4 percent of the nation’s work force last year, amid widespread job losses and credit woes.
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AP - Pennsylvania has joined a settlement with Countrywide Financial Corp. that makes available as much as $155 million to help keep thousands of state residents in their homes.
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McClatchy Newspapers - WASHINGTON — The Federal Reserve on Wednesday kept its benchmark lending rate near zero and said that it’s likely to stay that way for some time, as it also signaled new efforts to lower home-mortgage rates.
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Reuters - Countrywide Financial Corp has agreed to provide an estimated $150 million in mortgage relief and cash assistance for Pennsylvania homeowners to settle a state lawsuit over its lending practices, officials said on Wednesday.
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AP - The Federal Reserve is taking steps to keep some distressed borrowers in their homes, but it may not make much of a dent in the nation’s housing crisis.

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Earthtimes (press release)

Real Estate Agents Reveal Where They Will Spend Their Marketing …MSNBC - Jan 29, 2009LAWRENCEVILLE, GA - Citing the recent shifts and challenges in the real estate market, The Real Estate Book, a leading publisher online and in print of real …Nonprofits Stick With Real Estate Foundation Endowmentall 8 news articles

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