The Federal Reserve stress tests were put on the 19 biggest lenders in the Country. Their results show a rather optimistic future for the U.S. banking system – a system that appears as though it will be able to withstand what ever stresses the recession may inflict on it. The stress test showed
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05/11/2009
The newest prediction by the California Association of Realtors’ calls for a 28.4% drop in the median price of a home in California. In October the CAR expected the mean house price to fall to $358,000 in 2009 but their new figures show the median house price falling to $248,000 this year. The ne
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05/11/2009
The median selling price of homes in Orange County came in at $444,520 for the month of March. The current median price of homes for the entire U.S. was $175,200 – 2.54 times less than Orange County homes. When the market was at its best for the price of an Orange County home you could buy 3.4
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05/10/2009