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Yale Resources Ltd. (TSX-V: YLL) (FRANKFURT: YAB) is pleased to report that it has signed a non-binding Letter of Intent
with Candev Resource Exploration Inc. (OTCBB: CVRX) for the sale of a 50%
interest and an option for Candev to earn an additional 30% in the Dos
Naciones Property.
Candev will pay Yale $50,000 for the initial 50% interest in the project
and in order to earn an 80% interest will have to undertake a total of
$800,000 in exploration Continue Reading »

How's That? Home Sales, Prices, Inventory All Drop
The National Association of Realtors is out this morning with its home-sales report for January. And it shows a surprising mix: The number of existing-home sales, of all types, fell 5.3 percent from December to January. (That number is adjusted to account for seasonal variations; it's down 8.6 percent compared with a year earlier.) The median price fell 3.07 percent in January to $170,300. (That's Continue Reading »

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Continue Reading »

Each new blow to the economy and the nation's financial system is exacerbating Massachusetts' already struggling real estate market.
The median single-family home price in the state plunged 20.2 percent in January, compared with the same period a year earlier. And the number of sold properties dropped 10 percent, reflecting the fallout from the worsening conditions of the country's top banks, the stock market, and the employment outlook in the weeks Continue Reading »

Each new blow to the economy and the nation's financial system is exacerbating Massachusetts' already struggling real estate market.
The median single-family home price in the state plunged 20.2 percent in January, compared with the same period a year earlier. And the number of sold properties dropped 10 percent, reflecting the fallout from the worsening conditions of the country's top banks, the stock market, and the employment outlook in the weeks Continue Reading »

A free market would reach a stable, reasonable price on everything including housing. Government intervention is not a free market. People with money and power are constantly taking advantage of those who do not have money or power. Supporting housing prices for the benefit of the rich just makes housing less affordable for the poor. It is corruption under color of authority.
In a free country, everyone has to compete on equal terms. All men Continue Reading »

The housing crisis is hitting military families particularly hard, according to real estate agents and service member advocacy groups. Many who bought during the boom and must now relocate because of fresh orders are faced with selling their homes at a big loss. They are finding few buyers, or even renters, particularly in the hardest-hit markets. That is leaving some families facing options including renting at a loss, separation from their loved Continue Reading »

No relief seen from foreclosures, falling home prices
Wednesday, February 25, 2009
Home prices across the nation were 18.2 percent lower on average in the fourth quarter of 2008, compared with year-earlier levels, as foreclosure rates jumped to record highs last year.
The price decline during 2008 was by far the biggest drop since the Standard & Poor's/Case-Shiller national home price index was first published 21 years ago. Separately, Zillow.com, Continue Reading »

are to be rehoused from the Mumbai slums.
Rubina Ali and Azharuddin Ismali, who played younger versions of two main characters, are to be moved to more secure, free homes as a reward for bringing "laurels to the country".
"Since the children have made the nation proud, they must be given free houses," local housing association chairman Amarjeet Singh Manhas told
.
The youngsters currently live in shacks in the Garib Nagar slum, where they Continue Reading »

were lower Wednesday afternoon, but up from the session's worst levels, in moderately active trading. Members of the House Financial Service Committee were quizzing Federal Reserve Chairman
about the government's economic stimulus and bank bailout plans in his second day of his semi-annual monetary policy testimony.
Equities were hurt Wednesday by more bad news from the housing sector: January existing home sales fell by a worse-than-expected Continue Reading »

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