LONDON (MarketWatch) — British mortgage lender Nationwide on Wednesday said house prices fell for the sixth consecutive month, adding to the gloom over the U.K. housing market.
House prices saw a monthly decline of 1.1% from March, and were down 1% compared to April 2007, marking the first annual price decline since 1996. The drop brought […]

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GEORGETOWN, Del. - Municipal leaders in Georgetown said they have felt the negative effects of the slumping housing market.
Transfer and property taxes account for the biggest amount of revenue for Georgetown.
But Town Manager Gene Dvnornick said fewer people have moved in which means less money and a budget shortfall of $183,000.
“One of the things we’re […]

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Citing an “alarming” rate of mortgage foreclosures in Maryland, Gov. Martin O’Malley announced emergency regulations yesterday requiring loan service companies to tell the state when residents are in danger of losing their homes so the government can offer preemptive help.
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