Archive | November 16, 2011

Arrest made in White House Shooting

Authorities have arrested a 22-year man, a drifter believe to be homeless, wanted in connection with an investigation of shots fired at the White House. Oscar Ramiro Ortega-Hernandez, who was arrested by Pennsylvania State Police at a hotel near Indiana, Pennsylvania, was allegedly involved in a shooting Friday night that may be responsible for two bullets [...]

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Buyer and Seller survey reveal Unnecessarily Restrictive Credit

By  Easton  L  Lawrence It is always a good idea to live within our means and recent surveys show current homebuyers doing exactly that, with notably higher incomes and modestly higher down-payments compared to buyers last year. However, most of this change is due to tighter more restrictive mortgage lending practices.  A survey released by the National [...]

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Gradual recovery for housing and economy in 2012

Although the housing market struggled to maintain an even footing in 2011, gradual improvement is expected in 2012 and beyond, according to projections at the 2011 Realtors® Conference & Expo. Lawrence Yun, chief economist of the National Association of Realtors (NAR), said home sales should be stronger. “Tight mortgage credit conditions have been holding back [...]

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