Tuesday, May 19, 2009

As Prices Fall, Phoenix Housing Market Rises from Ashes - ABC News

After paying $1200 in rent each month for the past three years, he figured he could spend that same money each month towards a mortgage. As foreclosure notices blew through town like tumbleweeds and For Sale signs dotted the landscape like cacti ..., more 
and Credit card reforms up for Senate vote - WTOP Radio  WASHINGTON (AP) - Unable to stop the tide of foreclosures and job losses, lawmakers are hoping to give voters at least some breathing room in the economic downturn by banning arbitrary credit card rate hikes and excessive fees. Legislation that would ..., more 
and Jacksonville Real Estate Market Feels Pain of Recession - Nuwireinvestor.com  Tough times have proven particularly brutal to major real estate markets in Florida, and the city of Jacksonville is no exception. Home sales are particularly moribund, with 2005’s high of 1,800 monthly sales now cut in half. Similarly, housing ..., more 

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