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    FLOR is modular do-it-yourself (DIY) floor covering that goes everywhere. Simple, elegant, high performance carpet that is easy to create unique designs, install yourself, and maintain.
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Housing Permits Tumble, Starts Improve

The Department of Commerce said Wednesday morning construction permits fell to a ten-year low of 1.429 million. The 8.9% drop was the most severe in 17 years, and was well below the seasonally adjusted rate of 1.51 million forecasted by economists. Conversely, housing starts were unexpectedly up 2.5% to a seasonally adjusted annual rate of 1.528 million, ahead the 1.48 million pace forecasted.

[ PDF ] view document » census.gov [ Contribute: submit link / submit article / submit company ]

Posted at 11:05 AM in New HomeBlog Research | | Comments (0)

Grim Outlook For Foreclosures Numbers In Massachusetts

Foreclosure data provider report: "Foreclosure numbers in the state are at record-breaking highs... From January 1 to September 30 the state posted 12,945 foreclosures. With three months left in 2006, foreclosure filings have already surpassed previous year totals by 1,452. September's foreclosure filings, were estimated at 60 per day, everyday including weekends and holidays."

» Search RealEstate-Specific Tags: Foreclosures - MA Foreclosures
» foreclosuresmass.com

Releated:

New Jersey Home Foreclosure Indicator Rises 44% From A Year Ago Quarter
"Lis pendens filings, a major home foreclosure indicator, jumped substantially from from year-ago quarter. Upcoming mortgage rate "resets" could make the New Jersey foreclosure situation much worse. According to the state's leading online foreclosure data service the number of lis pendens filed in New Jersey has risen 44% -- from 2,486 in the third quarter of 2005 to 3,577 in the third quarter of 2006."
» NewsWire

Looks Like 5.1% Of Americans Are Due To Lose Their Homes
"5% would be about 4 million homedebtors. At an average debt of say $200,000 each, that'd be about 1 Trillion in defaulted debt. China's foreign exchange surplus (that they'll be unwinding out of dollars) FYI just hit $1 Trillion."
» housingpanic.blogspot.com

Posted at 02:33 PM in New HomeBlog Markets, New HomeBlog Research | | Comments (0)