Tag Archives: Sluggish Economy

California Bullish on Housing Despite Deficit, Obstacles

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California gains jobs, led by trade and tourism

While the nation’s job engine sputters, California’s is revving up, thanks to another month of solid employment growth with international trade and tourism leading the way. Employers statewide added 38,300 net new jobs in June with gains in most industries, … Continue reading

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U.S. Gambles With Mortgage Retreat

BY NICK TIMIRAOS Three years after virtually nationalizing the U.S. mortgage market, the government has embarked on a pullback to see whether private industry picks up the slack. Some people in the housing industry worry that Washington’s move will cause … Continue reading

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Louisiana foreclosures up, bucking national trend

Monica Hernandez / Eyewitness News NEW ORLEANS – The national foreclosure rate is down, but that’s not the case in Louisiana. According to RealtyTrac, a California-based real estate data company, Louisiana’s foreclosures were up over 15 percent in the second quarter of … Continue reading

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