Housing Crisis Casts a Cloud Over Sun Belt
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PHOENIX -- When residents of Maricopa, Ariz., south of Phoenix, vote in the presidential primaries Tuesday, it will be against a backdrop of vacant storefronts and sprawling, terra-cotta roofed subdivisions that are studded with for-sale signs as far as the eye can see.
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By Janice Gaston, Winston-Salem Journal, N.C.  Feb. 11--HILTON HEAD, S.C.   Late on a misty day, when the wind sighs through trees lining a deserted road and sets their beards of Spanish moss to fluttering, nature takes center stage here.
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As an economic slowdown and the subprime mortgage crisis deepen across the United States, Hispanic immigrants are increasingly in danger of losing their jobs and their homes.
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Plans to develop Heart of the Triad acres will be met with enthusiasm by many landowners who find their property more valuable. For others, however, HOT looks like a threat to a traditional way of life.
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While most of the Massachusetts housing market is slumping, one sliver is booming: million-dollar properties.
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Turning potential housing into inhabited homes is proving to be a major challenge for the city.
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The subprime mortgage mess has created a mixed blessing for potential homebuyers.
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Despite a slight slump in home prices, high housing costs trouble local residents more than concerns about education and healthcare, a new poll showed.
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SANTA ROSA BEACH, Fla., Jan. 31  /PRNewswire/ -- Prominence, an upscale town center development under construction in the Florida Panhandle, will be environmentally friendly and homes will have added protection from natural disasters.
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Towns in need of inexpensive housing are turning to garage apartments, mother-in-law units and cottages in the backyard.
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A worsening housing market, including rising foreclosures, has rapidly pushed Fairfax County government into a budget crisis that probably will last several years, pinching spending by hundreds of millions of dollars on schools, public safety and human services, officials said yesterday.
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By Joy L. Woodson, The State, Columbia, S.C.  Feb. 21--For almost a year, Northeast Richland homeowner Michael Harvey and owners of a Shumaker Homes development have been at odds over property lines and something no one can live without -- water.
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The slumping housing industry, already hitting Americans hard in two areas - escalating adjustable-rate mortgages because of the credit crisis and decreased borrowing power due to declining home values - is now sending tremors through the automotive industry.
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By Kirsten Scharnberg, Chicago Tribune  Sep. 12--WAIANAE, Hawaii -- The home sits on property with a million-dollar view, but its plastic roof is held down by bungee cords, its only source of lighting is a few crude lanterns, its floor is covered with sand.
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Broiling temperatures in the 90s and beyond gripped large swaths of the country Monday, sending people scrambling for the shade and prompting officials to open air-conditioned buildings and take to the streets to rescue the homeless and elderly.
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Harry and Billy Macklowe, the father-and-son team of real estate developers, have come under intense financial pressure with the near collapse of the credit markets.
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Whether you're a home seller, owner or buyer, by this point you've got to be feeling a little rattled. The bad news about the housing market seems never ending: Foreclosures have more than doubled over the past year.