Forget win-loss records, quarterback ratings, and total yardage tallies -- the winner of Sunday's Super Bowl XLV showdown can be predicted most accurately by analyzing[IMAGE] the prevailing commercial real estate...
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Private Sector Adds Jobs, but No Improvement in Unemployment Rate
Figures released Friday by the ""U.S. Department of Labor"":http://www.bls.gov/news.release/empsit.nr0.htm show that private employers added 159,000 new positions to their payrolls in October â€" the fastest pace of job growth in...
Read More »Unemployment Rate Holds at 9.6% as Economy Sheds 95,000 More Jobs
...jobs during the month, but that was overshadowed by a reduction in the government workforce of 159,000 positions. The nation's high level of unemployment has become a growing concern within...
Read More »Obama Sends $600M to ‘Hard-Hit’ States for Foreclosure Prevention
State housing finance agencies (HFAs) in North Carolina, Ohio, Oregon, Rhode Island, and South Carolina have been given the green light to use $600 million in federal funding for local...
Read More »Pending Home Sales Tumble 30% in Wake of Tax Credit Expiration
In an expected but unwelcomed change of events, pending home sales plummeted in May following the expiration of the homebuyer tax credit, the ""National Association of Realtors"":http://www.realtor.org/ (NAR) reported Thursday....
Read More »Report: 70% of Modifications in May Were Non-HAMP
...under the government's Home Affordable Modification Program (HAMP) during the same month. [IMAGE] Altogether, just over 159,000 mortgage modifications were completed in May, bringing the total number of mods for...
Read More »Metro Foreclosure Hot Spots Buck National Trend with Annual Declines
...real estate slump. [COLUMN_BREAK] According to RealtyTrac’s study, foreclosure activity in Q1 increased on an annual basis in 159 of the 206 metro areas tracked by the company, and foreclosure...
Read More »Twin Cities Housing Market Shows Signs of Stabilization
March was a positive month for the Twin Cities housing market, according to a report released Tuesday by the ""Minneapolis Area Association of Realtors"":http://www.mplsrealtor.com/ (MAAR). [IMAGE] Using data from the...
Read More »Home Purchases by Investors Fell Sharply in 2009: NAR
While distressed housing conditions may seem like the perfect storm for investors to cash in on a buyer's market, a new report from the ""National Association of Realtors"":http://www.realtor.org (NAR) reveals...
Read More »Five More States to Receive Federal Funding for Mortgage Programs
The administration announced Monday that it is expanding its initiative to provide ""funding for state housing finance agencies"":http://financialstability.gov/docs/Hardest%20Hit%20public%20QA%200%2029%2010.pdf to develop their own localized[IMAGE]mortgage assistance programs. A second round of funding,...
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