Word: accountants
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Dates: during 2000-2009
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...single-family homes started. Over the same period of time, 87,000 were sold. At the current rate of sale, all the new homes on the market would be gone in 8.8 months. That's still above a more normal four- to six-month supply - but taking into account how long it takes to ramp up new construction, it's not necessarily an illogical time to start building. Consider how quickly that excess inventory has been burned off: as recently as this past January, there was a 12.4-month supply of new houses...
...think there's more of an opportunity for philanthropists to make a difference now on account of the recession...
...make sure the court's ruling is right for even the most orthodox of Britain's Jews. "The board must cater for the highest watermark of religious observance in order to safeguard the rights of the entire community," he says. "The orthodox definition of who is Jewish, taking into account someone's parentage or lineage, is not a racist one, it is a religious...
...excited. Once you take into account that houses sell for more money in the spring, that increase in the Case-Shiller data disappears - and Moody's Economy.com is still forecasting an additional 11% drop in home prices nationally...
...endless campaign - close to two years of political and cultural combat among a sprawling cast of presidential hopefuls that, eventually, led to a history-making Commander in Chief. Journalists Dan Balz and Haynes Johnson - current and former Washington Post reporters, respectively - capture the momentous contest in a polished account refreshingly free of last year's breathless soundbites, pundit insta-reaction or fixation on trifling gaffes (the maelstrom over President Obama's "lipstick on a pig" comment warrants barely a mention). Instead, it provides an evenhanded and comprehensive account of the race, based on interviews with key players and enhanced...