Associated Press - BONNER, Mont. (AP) - Stimson Lumber Company’s sawmill in Bonner will close indefinitely because of the nation’s lagging housing market and dismal…
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AP - Nervous homeowners and economic analysts have been wondering how much worse the housing market could get. On Thursday they got an answer: Plenty.
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Houses are getting cheaper by the month. Everything else is becoming more expensive.
Several economic reports released on Tuesday provided fresh evidence that the economic pain of a prolonged slump in housing is being compounded by the rising cost of oil, food, clothes and other goods. Not surprisingly, a measure of consumer confidence fell to its […]

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The slump in Massachusetts’ housing market deepened in January. Reports from two organizations show a 28 percent decline in sales of single-family homes last month, compared with the same month a year earlier.
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AFP - Sales of previously owned homes in the United States fell to a nine-year low in January, raising no immediate sign the prolonged housing slump is bottoming out, industry data showed Monday.
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The Associated Press reports from Florida. “Travis Munnerlyn just wanted to add on to his Orlando home to make room for grandchildren coming to live with him and his wife. A couple years later, Munnerlyn cannot make the increasing payments on his adjustable rate loan - not even close - and could lose the house. […]

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