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Housing market here fares better than most
Sunday Aug 17 | via Pittsburgh Tribune Review
It won't ease the financial pain for people in the Pittsburgh area who lost money when they sold homes, but a survey finds the region's housing market is not as hard hit as many others in the nation.
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Fifth-Forbes projects take off
Sunday Aug 3 | via Pittsburgh Post-Gazette
A Washington County developer's bid to help transform the Fifth and Forbes corridor Downtown has kicked into high gear.
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Foreclosures in region increase 66%
Monday Jul 28 | via Pittsburgh Post-Gazette
In the five-county region, 418 homes were lost to foreclosure in June 2008, which is 167 more than in June 2007, according to RealSTATs, a real estate information company.
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Home prices rise in June, but sales fall
Wednesday Jul 23 | via Pittsburgh Post-Gazette
Metropolitan Pittsburgh's residential real estate prices grew by an average of 2 percent in June compared with a year ago, but the total dollars spent on homes fell by 15 percent during the same time frame.
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84 Lumber posts profit for May
Jul 11, 2008 | via Pittsburgh Post-Gazette
Washington County professional building supply company 84 Lumber Co. posted a profit for May, the first monthly profit of this year.
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Regional Headlines
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Mortgage broker loses Pennsylvania license
5 hrs ago | via Pocono Record
A mortgage broker that financed home sales in Monroe County has permanently lost its license and can no longer do business in Pennsylvania.
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Bernanke tries to define institutions Fed could let ...
Tuesday | via Business Standard
Ben S Bernanke is still trying to define which financial institutions it's safe to let fail.
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Fed's decision: What institutions can fail?
Monday Aug 18 | via Daily Herald
Ben S. Bernanke is still trying to define which financial institutions it's safe to let fail.
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New Pennsylvania's Treasury Department has awarded a...
Friday Aug 15 | via Pensions & Investments
Pennsylvania's Treasury Department has awarded a combined $400 million to 11 emerging or minority-owned money management firms, part of a broader revamp of the department's operations to improve efficiency and ...
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Study: Ohio 2Q housing sales, prices down
Monday Aug 11 | via Business First of Columbus
Single-family housing sales in Ohio dipped by double digits in the second quarter, but still not as much as a widespread national decline, according to a report by the National Association of Realtors .
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National Headlines
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Stocks open lower on financial sector worries
9 min ago | via Today's 6
Stocks are falling in early trading amid growing anxiety over the financial sector, particularly mortgage financiers Fannie Mae and Freddie Mac and the investment bank Lehman Brothers Holdings Inc.
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Germany's IKB to be bought by Lone Star Funds
1 min ago | via Miami.com
German lender IKB Deutsche Industriebank AG, which has been badly hit by the U.S. subprime mortgage crisis, will be sold to U.S.-based private equity firm Lone Star Funds, the German company's biggest ...
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Detroit prosecutor's home in foreclosure
10 min ago | via NBC12
The home of the prosecutor who filed felony charges against Detroit Mayor Kwame Kilpatrick is in foreclosure.
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12 min ago | via Asia Times
Don't cry for Doha By Dani Rodrik Will they or won't they? Will the world's trade ministers eventually sign a new multilateral trade agreement that reduces agricultural subsidies and industrial tariffs, or will ...
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FOREX-US dollar slides as financial sector worries p...
16 min ago | via Reuters RSS Reuters.com
The dollar fell across the board on Thursday, pressured by persistent worries over the U.S. financial sector that also sparked a broad flight from risky trades, pushing the Japanese yen sharply higher.
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