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03/20/2007 U.S. housing starts fall in February
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The rate of building permits and housing starts fell about 29 percent in February compared to the same month last year, the U.S. Census Bureau and Department of Housing and Urban Development announced today.
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03/20/2007 Subprime problems hurt builder confidence
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Builder confidence in the market for new single-family homes receded in March, largely on concerns about deepening problems in the subprime mortgage arena, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI).
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03/20/2007 Overnight real estate rates get lift
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Long-term mortgage interest rates inched up Monday, and the benchmark 10-year Treasury bond yield gained to 4.57 percent.
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03/20/2007 Lawsuit proceeds in constitutional challenge of N.H. law
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A U.S. District Court judge has ordered that a constitutional challenge may proceed against New Hampshire real estate regulations that require a broker's license for a range of real estate-related services.
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03/20/2007 Residential Real Estate Remains Major Wealth Contributor
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Rising real estate values have made Canadians "house rich," but their spending habits may keep too many of them "cash poor." Canadian households currently carry about C$1.10 in debt for every dollar of disposable income, even though residential real estate continued to be the major contributor to growth in national wealth, according to Statistics Canada.
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03/20/2007 Home Sales Stay Steady
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TORONTO, March 19, 2007 - The Toronto Area resale housing market maintained a solid pace through the first half of March, Toronto Real Estate Board President Dorothy Mason announced today.
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03/20/2007 How To Make Sale Homes More Attractive
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Spring is here and with it the start of the real estate selling season for much of the country. The sales story for the past year has been that some metro areas are down, some are up and fears of a 2006 real estate bubble were grossly exaggerated.
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03/20/2007 'Green' Companies Gaining Marketing Edge
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The growing concern over climate change is transforming into consumers demanding that companies develop a "green" conscious.
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03/19/2007 NovaStar to cut 350 positions in wholesale loan originations
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Subprime lender NovaStar Financial Inc. will cut 17 percent of its workforce, laying off 350 workers at its Kansas City, Mo., headquarters, and at operations centers in California and Ohio.
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03/19/2007 Study notes decline in overvalued real estate markets
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Fourth-quarter home prices declined in 23 percent of metro areas included in a study released today, while the total number of overvalued housing units dropped.
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