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Nov. 20--Kansans have used the $8,000 first-time homebuyer tax credit at a comparable rate with surrounding states, according to a national study prepared for Congress.
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Nov. 19--The real estate industry in Las Vegas has another 18 months of stagnation before things start to turn around, a former Hughes Corp. executive said Wednesday at The Orleans.
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WASHINGTON - A rising proportion of fixed-rate home loans made to people with good credit are sinking into foreclosure, adding to concerns about the strength of the economic recovery.
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FORT WORTH, Texas - D.R. Horton Inc. said Friday its loss in its fiscal fourth quarter narrowed despite a plunge in revenue as the homebuilder wrote down fewer costs.
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Nov. 20--Say goodbye, finally, to hopes of extending that $10,000 tax credit for buyers of new unoccupied homes in California.
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Nov. 20--The North Texas apartment market won't bounce back until early 2011, analysts predict.
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WASHINGTON - A new federal program to support state and local housing finance agencies is expected to involve more than $29 billion in government support, Fannie Mae and Freddie Mac disclosed Thursday.
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McLEAN, Va. - Rates on 30-year mortgages stayed below 5 percent this week but remained above the record set earlier this year, Freddie Mac said Thursday.
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Vertical construction for the first phase should begin in the spring, and the builder has completed its environmental impact survey for phase two.
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Nov. 19--PASADENA -- An ex-trustee of IndyMac Bancorp has sued the bank's former CEO and directors of its board, claiming they recklessly mismanaged it even when they had chances to save the Pasadena-based outfit from one of the largest bank failures in U.S. history.