Word: havener
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Even if the tax credit is extended, don't expect it to trigger a quick housing rebound. Although home prices have plunged about 30% on average from their peak in mid-2006, with certain markets in Florida, California and Nevada seeing prices plummet as much as 70%, they haven't troughed yet. With foreclosures still rising and unemployment expected to approach 10.5% in mid-2010, home prices are expected to tumble another 10% over the next six months before bottoming, says Robert Stevenson, managing director at Fox-Pitt Cochran Caronia Waller. And he expects prices to remain depressed until...
...can’t be a safe haven for service of alcohol to minors,” said Nelson, who at the time was associate dean of residential life...
...Virginians will judge me on my 18-year record as a legislator and Attorney General and the specific plans I have laid out for our future - not on a decades-old academic paper I wrote as a student during the Reagan era and haven't thought about in years. Like everybody, my views on many issues have changed as I have gotten older." - In a public statement that ran in several newspapers in August, in response to the Post's story on his controversial thesis attacking feminists, homosexuals and unmarried couples he wrote as a 34-year-old student...
...properties are going to be upside on the loan amount. In other words, the homes will be worth less than what's owed on the loans. The only way these loans will qualify for modifications is if the lenders took a huge principal-balance write-off, and we just haven't seen any appetite for that...
...those who haven't had a meteorology class since middle school, a quick review of Weather 101: Colder air encourages precipitation, so when the temperature drops at high altitude, water naturally condenses out of the air. Clouds are formed when this moisture, suspended in tiny droplets or crystals, meets a condensation nuclei - small particles of dust or ice that are blown about the upper atmosphere. Without these small particles, clouds can't form...