Saturday, June 12, 2010

Compound interest: L.A.'s ultra wealthy buying the houses next door

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latimes.com As an added layer of privacy through increased acreage or as a way to tell the world they have arrived, L.A.'s wealthiest re...

Trading Down: Can It Still Bankroll Your Retirement? .

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Trading down to a smaller home is a retirement-planning staple. According to an April study by the Society of Actuaries, 20% of not-yet reti...
Friday, June 11, 2010

Tax Credit Extension Could Help Tax Cheaters

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Everett CollectionAs we reported Thursday, Congress is considering a proposal from Sen. Harry Reid (D., Nev.) to extend the closing deadline...
Thursday, June 10, 2010

Banks Face Short-Sale Fraud as Home `Flopping' Spreads

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Two Connecticut real estate agents found a way to profit in the U.S. housing bust: Buy low, sell fast. Their tactic was also illegal. By: Jo...
Wednesday, June 02, 2010

Pending home sales race to 6-month high

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Pending sales of previously owned homes rose more than expected in April, scaling a six-month high as prospective home owners took advantage...

Wealthy Investors Bet on Property, Stocks as Caution Reigns, Barclays Says

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Wealthy investors globally are avoiding derivatives and hedge funds and turning to property and stocks following the global financial crisis...
Monday, May 31, 2010

Fed Officials Upbeat On U.S. Recovery

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Two senior Federal Reserve officials were upbeat Monday about the U.S. economic recovery despite the worsening debt crisis in Europe, but ga...
Sunday, May 30, 2010

Bernanke Says Central Banks May Differ on Timing of Monetary Tightening

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Federal Reserve Chairman Ben S. Bernanke said central banks around the world will probably unwind monetary expansion at different times beca...
Friday, May 28, 2010

Homeowner Confidence Rises Nationally, But Western Homeowners Remain Pessimistic

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As some parts of the U.S. housing market work their way out of the housing recession, while the majority of markets continue to decline, hom...

Bernanke `Extended Period' Resolve May Be Eroded as Delinquencies Decline

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Consumer delinquency rates are dropping at U.S. retailers and banks such as American Express Co. and Bank of America Corp., signaling an inc...
Thursday, May 27, 2010

Addicted to Real Estate

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By now, everyone knows the financial reasons for the housing bubble, from lax lenders to greed. By: JUNE FLETCHER: wsj.com But there's a...

Mortgage rates sink to lowest this year

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Mortgage rates have fallen to the lowest level of the year as investors poured money into the safe haven of U.S. government securities. By: ...
Tuesday, May 25, 2010

Sales of previously owned homes up 7.6% in April

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Completed purchases rose in every region but the West, where they fell 6.2% as California buyers delayed closing deals to take advantage of ...
Monday, May 24, 2010

Consumer Confidential: Home sales soar, Ford goes electric, cable TV saved

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Here's your heavens-to-Murgatroyd Monday roundup of consumers news from around the Web: --Uncle Sam wanted people to buy homes last mont...