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  • Patriot National Bancorp Reports Significant Decreases in Losses and Nonperforming Assets for the Third Consecutive …
  • Clear Capital: Sac-area home prices up 8.4% from last year
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Truckee-based real estate tracker Clear Capital reports that collective home prices in El Dorado, Placer, Sacramento and Yolo counties are up 8.4 percent from the same time last year. TORONTO - Mary and Ron Ethier long believed a getaway home in the Florida sun would remain a retirement dream but when a recent real estate turnaround opened the border to a growing flock of snowbirds, the couple suddenly saw an opportunity too tempting to pass up. FOR YEARS, government policy has aimed at driving up the owner-occupied share of residential housing, on the theory that everyone should have a shot at putting down roots and building up wealth. But judging by the latest numbers, that dream is fading. The national homeownership rate fell from 67.2... United States - Owner-occupier - Real estate - United States Census Bureau - Mortgage The foreclosures are expected in both commercial and residential properties, with the Fed finding itself on a public relations tight-rope and closely watched by Congress as it attempts to make up the $29 billion loan awarded on Bears assets. As many as 50,000 struggling homeowners in five states with high unemployment may receive help from a special $600 million federal fund intended to head off some foreclosures. Foreclosure - Unemployment - Business - Investing - Real estate

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