Home Sales Jump . 28 November 2009

Home sales post one of the biggest gains in years, Microsoft shares jump and a vote for universal phone chargers. The AP's Mark Hamrick reports.

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Does Dubai Show U.S. Real Estate Risk?

RXR Realty CEO Scott Rechler on the parallels between commercial real estate in Dubai and the United States.

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Barry Ritholtz : Housing Bottom? Not Even Close

Barry Ritholtz, CEO of Fusion IQ, says "We are "not even close" to a bottom in housing, He estimates national house prices remain 15-20% overvalued, based on the traditional metrics of: median income-to-median sales price, the cost of owning vs. renting, and housing stock as a percent of GDP.

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US mortgage delinquencies signal record foreclosures

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Man Rises from the Dead to Sell House? Houston TX

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Mayor Calls for a Moratorium on Home Foreclosures by the mortgage companies

Virg Bernero, Mayor of Lansing, Michigan Calls for a Moratorium on Home Foreclosures

"These mortgage companies, these mortgage folks got away with murder and a lot of these companies got bailed out. And they're still screwing the homeowners. So we need a moratorium. There's no question about it. ... we need a two-year moratorium, at least, on foreclosures. I would say, Ed, you know, homes under $200,000. Let's have a moratorium. Let's sort this out. Let's give some people some breathing space in this tough economy. Lord knows, you gave the breathing space to Wall Street." -- Virg Bernero, Mayor of Lansing, Michigan on 'The Ed Show,' Thursday, November 12th, 2009

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