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Home Sales Rise Slightly in November

housing market is stabilizing slightly, the National Association of Realtors said Monday ... The market seems to be stabilizing after months of turbulence, said Lawrence Yun, NAR chief economist Near term, existing-home sales should continue ...
http://www.voiceofarizona.com/Home_Sales_Rise_Slightly_in_Nove-5225-1-5906.htm

Help Needed (Comments)

  A little downturn in the housing market won't hurt them much (unless they are real estate developers). But the point is, a 3500ft2 house that sold for $250K in '98 and now goes for $1M today is still 3500ft2, and not a ...
http://www.voiceofarizona.com/Help_Needed-5031-2-8283.htm?mult=2#comments

Mortgage Worries Keep Markets Churning

"A number of sectors like retail and housing stocks have done better since the Fed acted, and they are leading the market again today," said Steve Goldman, chief market strategist at Weeden & Co ... " The stock market fell in early trading and ...
http://www.voiceofarizona.com/Mortgage_Worries_Keep_Markets_Ch-5225-3-12050.htm

HUD's Jackson Steps Down

Housing and Urban Development agency, said Monday he would resign, effective April 18 ... HUD runs the Federal Housing Administration, which insures mortgages for low-income homeowners and first-time home ...
http://www.voiceofarizona.com/HUDs_Jackson_Steps_Down-5225-3-18944.htm

Opportunity is knocking!!! (Comments)

Gee AA, and just a few months before you wrote this article, the DJIA was 14,000  Now you're celebrating a market that fluctuates a couple hundred points up and down each day, but still seems to on a long trend of stair-stepping down?  We ...
http://www.voiceofarizona.com/Opportunity_is_knocking-5031-2-9134.htm?mult=2#com ...

Bush Signs Housing Bill

President George Bush signed a housing bill Wednesday that provides relief for homeowners and sets up a rescue plan for federal mortgage guarantors ... We look forward to put in place new authorities to improve confidence and stability in markets ...
http://www.voiceofarizona.com/Bush_Signs_Housing_Bill-5225-1-35834.htm

U.S. Fed Lowers Forecast for Economic Growth in 2008

"These downward revisions to the 2008 outlook stemmed from a number of factors, including a further intensification of the housing market correction, tighter credit conditions amid increased concerns about credit quality and ongoing turmoil in ...
http://www.voiceofarizona.com/US_Fed_Lowers_Forecast_for_Eco-5225-3-13423.htm

HUD's Jackson Rumored to Be Stepping Down

Housing and Urban Development Secretary Alphonso Jackson reportedly will resign Monday, which observers say would hurt efforts to fix the housing crisis ... HUD runs the Federal Housing Administration, which insures mortgages for low-income ...
http://www.voiceofarizona.com/HUDs_Jackson_Rumored_to_Be_Step-5225-3-18935.htm

Regulators Ease Restrictions on Lenders

The Office of Federal Housing Enterprise Oversight reduced the requirement from 30 percent to 20 percent, having imposed the restriction after accounting errors and a lack of risk-management controls were discovered several years ago, The Wall ...
http://www.voiceofarizona.com/Regulators_Ease_Restrictions_on_-5225-3-17200.htm

Stocks Mixed As Investors Hold Ground

By JOE BEL BRUNO By Joe Bel Bruno The Associated Press NEW YORK Wall Street paused after a two-session rally Tuesday but closed mostly higher, holding on to almost all its gains even after disappointing reports on consumer sentiment ...
http://www.voiceofarizona.com/Stocks_Mixed_As_Investors_Hold_G-5225-3-18191.htm

New-Home Sales Plummet

By Jeannine Aversa Associated Press WASHINGTON -- The housing market plunged deeper into despair last month, with sales of new homes plummeting to their lowest level in more than 12 years ... 4 percent, the biggest annual slide since early 1991, ...
http://www.voiceofarizona.com/NewHome_Sales_Plummet-5225-3-5696.htm

Existing Home Supply Fell in February

housing market, the National Association of Realtors said Monday ... The national median price for all housing types was $195,900 in February, down ...
http://www.voiceofarizona.com/Existing_Home_Supply_Fell_in_Feb-5225-1-17943.htm

Fed Sees Potential for More Rate Cuts

11 Fed meeting, released Wednesday, show the central bank staff now expects the economy to grow "noticeably below its potential in 2008" as high oil prices, lower incomes, a deteriorating housing market and constricted credit markets take a toll. ...
http://www.voiceofarizona.com/Fed_Sees_Potential_for_More_Rate-5225-3-6266.htm

Bush: U.S. Economy 'Resilient'

What do you do about it is to allow the market to work and help people, the president said in a speech at the Economic Club of New York, criticizing those who think anything short of massive government intervention amounts to inaction. The ...
http://www.voiceofarizona.com/Bush_US_Economy_Resilient-5225-1-16481.htm

Foreclosures Rise in Utah

"In the long term, they're faring better because they've had slow, steady appreciation that has kept them from experiencing the harsh correction felt by much of the housing market. " E-mail: ...
http://www.voiceofarizona.com/Foreclosures_Rise_in_Utah-5225-1-14116.htm
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