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” Owners and buyers of foreclosed homes in Connecticut may soon face a stringent registration process, if a bill passed in the state Senate and House gains traction.”
How Bad Is the Recession? Check New Home Sales
There have been bad housing markets before, but never in post-World War II history has the market for new homes suffered as badly as it has in this decline.
That plunge raises questions about whether some homes built during the boom will ever be sold. It could also suggest that home builders have been slow to cut their prices enough to keep up with falling market prices.
Harvard Housing Report Sees Affordability Improve
” Despite federal intervention in the housing market and credit freeze that might not have had the desired effect thus far, certain signs of stabilization appear to be thawing, according to a new housing report.”
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