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Friday, July 25, 2008

Existing-home sales inch ahead in Orlando area

Metropolitan Orlando's existing-home sales rose 3 percent in June from a year ago to 1,641 properties -- about four times as many single-family homes as were sold in Metro Miami and nearly three times as many as in Fort Lauderdale, the Florida Association of Realtors reported Thursday.

Wall Street advances on upbeat readings on consumer sentiment, home sales, durable goods

Upbeat economic data lifted stocks Friday, placating a market pummeled a day earlier by concerns about housing and the financial sector.


House OKs mortgage rescue

House votes to offer as much as $300 billion in mortgages and to back up Fannie and Freddie. Bush says he'll sign it. Senate approval is likely.


'A golden opportunity' for government-subsidized housing

With hundreds of vacant homes and condos in the Orlando area -- many of them in foreclosure, with banks looking to unload them for less than $100,000 -- some experts say the answer to the region's seemingly intractable affordable-housing crisis is staring us in the face.
Posted by Dover Int'l at 7:47 AM
Labels: General

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