plunge

California home prices plummet 26 percent amid foreclosures (Madera Tribune)

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SAN DIEGO - A glut of foreclosed homes helped prompt a 26 percent plunge in California home prices in March, spotlighting a trend that experts said is likely to keep squeezing the struggling market for at least several more months.

California home prices plummet 26 percent amid foreclosures (Madera Tribune)

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SAN DIEGO - A glut of foreclosed homes helped prompt a 26 percent plunge in California home prices in March, spotlighting a trend that experts said is likely to keep squeezing the struggling market for at least several more months.

California home prices fall 26 percent amid foreclosures (AP via Yahoo! Finance)

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A glut of foreclosed homes helped prompt a 26 percent plunge in California home prices in March, highlighting a trend that experts said is likely to continue as low, introductory interest rates expire for people who bought near the height of the housing boom.

California home prices fall 26 percent amid foreclosures (AP via Yahoo! Finance)

Tagged:  •    •    •    •  

A glut of foreclosed homes helped prompt a 26 percent plunge in California home prices in March, highlighting a trend that experts said is likely to continue as low, introductory interest rates expire for people who bought near the height of the housing boom.

California home prices fall 26 percent amid foreclosures (AP via Yahoo! Finance)

Tagged:  •    •    •    •  

A glut of foreclosed homes helped prompt a 26 percent plunge in California home prices in March, highlighting a trend that experts said is likely to continue as low, introductory interest rates expire for people who bought near the height of the housing boom.

Apple results can't keep pace

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Despite a record quarter, shares plunge on spending worries. Investors are spooked about consumer spending, and Tuesday they took it out on Apple Inc.

Some S.F. neighborhoods are solid despite meltdown (San Francisco Chronicle)

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F rom the mortgage meltdown to the plunge in home sales, dark clouds continue to threaten San Francisco's seemingly endless real estate summer. And yet remarkably, local Realtors I know seem as cheery as ever. "It doesn't look slow to me," says Bonnie...

Home prices fall further than in 1990-91 recession

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WASHINGTON - U.S. home prices have fallen further since mid-2006 than during the 1990-91 recession, and professional traders bet they'll plunge up to 10 percent more the next year.

Stocks post sharp rebound

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The Dow rises almost 250 points as investors seek bargains after a big plunge the day before. Stocks rebounded sharply Wednesday as investors, growing more optimistic about chances for an interest rate cut, sought bargains after Tuesday's huge tumble. The Dow Jones industrials gained almost 250 points.

Fund manager makes personal bet on risky debt

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Among the biggest victims of the recent plunge in prices of high-risk corporate and mortgage-backed bonds are so-called closed-end bond mutual funds, some of which have long been owners of those securities.

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