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...layoffs - there are more each day - keep downward pressure on home prices, since people without jobs are less likely to buy a house, or even to make the payments on the one they have. Foreclosures exacerbate the problem, as banks tend to sell repossessed properties on the cheap. December saw a surge in existing-home sales, especially out West, but 45% of those were distressed sales at discounted prices, according to NAR. (See which country has the best stimulus plan...
...Doug is a hard-nosed player and he’s going to come ready to play every day,” Lin said. “We’re not surprised, but we’re very thankful for that.”The final buzzer saw the junior finish with 13 points on 5-of-6 shooting in 17 minutes. Despite his hot hand, Miller found himself on the bench down the stretch at the end of regulation and in overtime. Amaker cited freshman Keith Wright’s success on the boards (13 rebounds...
...sustained earlier in the week.Besides the disadvantage of competing without the 2006 All-American, the Crimson demonstrated inexplicable improvement over the course of a day, baffling the coaching staff.“We’re in an odd position,” Weiss said. “I saw a different team on Saturday and Sunday, so the question is, where do we go from here?”As the Ivy season fast approaches, Harvard can only hope that it finds its stride in time.ARMY 30, HARVARD 11The Crimson followed its Saturday loss to the Mountain Hawks with...
...mayor has his work cut out for him - and it's not just about political survival. Monday morning saw the first casualty of his office when his press spokesman, Wade Nkrumah, handed in his resignation. Portland, like the rest of the country, is feeling the effects of the recession; the city is also in the middle of something of a crime wave. Two teens were killed and seven injured in a shooting outside an under-21 nightclub last weekend. Only 10 days earlier, there had been a gang-related shooting in broad daylight. How does a public servant go about...
...Defense Secretary Robert Gates told reporters on Jan. 22 that he pushed for Lynn's hiring and the waiver it required. "I asked that an exception be made because I felt that he could play the role of the deputy in a better manner than anybody else that I saw," Gates said. The next day, Obama spokesman Robert Gibbs said Lynn would be getting one of a "very limited number of waivers" so he could assume the Pentagon post despite being a registered lobbyist for Raytheon from...