Tag Archives: Real Estate Slump

Real Estate Slump Makes Beachfront Homes More Affordable

(Source: By Kevin Post, The Press of Atlantic City, Pleasantville, N.J. (MCT) The bottom of this real estate cycle, which went deeper than anyone expected, has produced something else surprising: beach-town bargains. Properties on or near the ocean typically hold … Continue reading

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Americans Grow More Confident in Housing Recovery, Survey Shows

Potential homebuyers and sellers are growing more confident that the U.S. real estate market will begin to recover as soon as next year, according to a Prudential Real Estate survey. Sixty percent of people surveyed last month had positive views … Continue reading

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Region’s real estate slump has a bright side

Nearly 92 percent of homes sold in Stanislaus County in October, November and December were considered affordable for the county’s median-income families. At the 2005 peak of the county’s real estate boom, median-income families could afford only 3 percent of … Continue reading

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The real estate slump in Hattiesburg is in recovery mode – WDAM

HATTIESBURG, MS (WDAM) - Mississippi residents aren’t doing so bad when it comes to foreclosure rates. According to a California-based company, Realty Trac, Mississippi ranked 47th among the states and the District of Columbia in foreclosure related actions.  In the Pine … Continue reading

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Government paychecks, pensions now a dead weight to Sacramento economy

Through the decades, as flashier private sector jobs came and went, solid government paychecks and pensions formed the steady foundation of Sacramento’s economy. Now that foundation has become a dead weight. Layoffs, furloughs and other public sector cutbacks are stalling … Continue reading

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