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A $15,000 state tax credit for home buyers was vetoed Friday by Governor Christie, who cited its $100 million price tag and the state's budget problems.
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July 25--The U.S. housing market was supposed to be on the rebound by now.
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July 23--Florida's sales of existing homes increased in June, bucking a national trend of declining purchases blamed on the end of the home buyer tax credit.
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July 23--Central Ohio home prices continue to rise even as the housing industry struggles to recover nationally.
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WASHINGTON - A flurry of strong earnings reports renewed Wall Street's optimism in the economic recovery, even as new data Thursday showed homes sales sinking and claims for unemployment benefits rising.
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WASHINGTON - Reveling over a new milestone in his presidency, a triumphant Barack Obama on Wednesday signed into law the most sweeping overhaul of lending and high-finance rules since the Great Depression, adding safeguards for millions of consumers and aiming to restrain Wall Street excesses that...
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WASHINGTON - Government watchdogs are telling a Senate panel that the Obama administration's multibillion effort to help at-risk homeowners avoid foreclosure is not working and could put the economic recovery at risk.
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WASHINGTON - President Barack Obama aims to usher in a new era of consumer protections and banking restrictions Wednesday, checking off another legislative victory just before election-year politics overtake the rest of his major agenda.
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WASHINGTON - Federal Reserve Chairman Ben Bernanke heads to Congress Wednesday with a message of reassurance: The Fed stands ready to take new steps to bolster the recovery if the economy worsens.
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WASHINGTON - The former Countrywide Financial Corp. gave preferential loans to more than three dozen employees of Fannie Mae while the two giant housing enterprises were locked in an expanding, multi-billion dollar business relationship in subprime mortgages, documents show.
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July 20--New-home sales in Las Vegas spiked to 972 in June, driven by 79 high-rise condominium sales and a rush to beat the June 30 escrow closing deadline for the homebuyer tax credit, which Congress extended at the eleventh hour.
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July 20--Existing home sales in the Wichita area fell almost 10 percent in June from the previous year, but overall sales were down only 10 units as new home business perked up.
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July 20--After a fairly strong start this year, new home construction continued to ebb last month in Pima County as the federal tax credit for homebuyers expired.
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July 16--Home sales in the Triangle surged during the second quarter as the market continued to receive a boost from the government tax credits for first-time and repeat buyers.
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WASHINGTON - In the end, it's only a beginning.
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Highlights of the compromise legislation to overhaul financial rules:
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WASHINGTON - Congress on Thursday passed the stiffest restrictions on banks and Wall Street since the Great Depression, clamping down on lending practices and expanding consumer protections to prevent a repeat of the 2008 meltdown that knocked the economy to its knees.
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SACRAMENTO, Calif. - State Attorney General Jerry Brown sued the federal government Wednesday, asking a judge to stop government-sponsored mortgage buyers from blocking a program that lets homeowners pay for energy-efficient improvements through increased property taxes.
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July 13--The North San Diego County house market cooled in June compared with May, according to data released Monday by the North San Diego County Association of Realtors.
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July 13--The Charleston area's real estate market crested on a wave of tax incentive-supported home sales last month, pushing activity past the national market as the popular incentive winds down.