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News

Home builders group opens up to urban development (Contra Costa Times)
The Home Builders Association of Northern California opens its first urban division to focus on San Francisco, Oakland and San Jose

Housing posts surprising rebound in April (AP via Yahoo! News)
Construction of new homes posted the biggest increase in more than two years in April, a rare spot of good news amid the worst downturn in housing in more than two decades.

Economy - Tuesday (Investor's Business Daily via Yahoo! News)
The median sales price in metro areas fell 7.7% vs. a year earlier to $196,300, the worst since records began in 1979, the Nat'l Assoc. of Realtors said. Soaring foreclosures have reduced the value of nearby properties, said NAR chief economist Lawrence Yun. Prices fell in 100 of 149 U.S. cities, led by Calif.'s Sacramento, San Bernardino and Riverside. Also, homes for sale rose by 40,000 in ...

Brokers defend database rules in Columbia-area home listings (The State)
A group of Columbia-area real estate brokers who control a vital database of homes for sale operate by unusual rules that can hurt consumers, federal regulators and some real estate agents said. The costly rules restrict membership of some smaller agencies that could save home sellers around $3,000 in commissions on the sale of an average-price Midlands home, critics said. The U.S. Department of ...

Area resident receives Alabama Home Builders Foundation scholarship (Clanton Advertiser)
MONTGOMERY - A Chilton County resident has been awarded a scholarship from the Alabama Home Builders Foundation, an arm of the Home Builders Association of Alabama (HBAA).

FOX 5 MONEY: Home Staging (FOX 5 Washington D.C.)
If you're trying to sell your house in this economy, you may want to pack your patience. With more than 4 million pre-owned homes for sale, how can you make yours stand out from the rest? As Fox 5 Money reporter Melanie Alnwick explains, a trend called 'home staging' might just give your home enough curb appeal to seal the deal.

US housing starts jump 8.2% in April (AFP via Yahoo! News)
US housing starts and permits showed a surprisingly strong jump in April, signaling a glimmer of hope in the troubled housing market, government data showed Friday.

Customer Service (Brandon Sun)
TORONTO - New listings of homes for sale on the Multiple Listing Service in major markets in Canada reached their highest level ever in April thanks to Toronto and Saskatoon, the Canadian Real Estate Association reported Wednesday.

CNY home builders support 1,700 jobs (The Post-Standard)
As a group, Central New York home builders employ more people that most of the area's major manufacturers more than Welch Allyn, L & J.G. Stickley or Anheuser-Busch.

Consumer grim as stagflationary 80s; housing mixed (Reuters via Yahoo! News)
Consumer confidence tumbled to a 28-year low this month as rising prices strained household finances, while another drop in single-family housing starts underscored problems still plaguing the economy.

Web site adds Orlando home info (Orlando Business Journal)
Roost.com on Tuesday announced it has added information on homes for sale in the Orlando and Tampa markets.

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