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  • Farmer’s Almanac Predicts Stinging Winter

    Cold temperatures, above-normal snowfall and biting winds are in the offing this year, according to the forecast from the 2019 Farmers’ Almanac released Monday in Lewiston, Maine. “Teeth-chattering,” “biting,” and “stinging” cold are a few of the adjectives the Farmers’ Almanac is using to describe the upcoming winter, and not only in northern areas. “Contrary

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  • Mortgage Rates Decline for Third Consecutive Week

    Sam Khater, Freddie Mac’s chief economist, said rates were at their lowest level since mid-April. “Backed by very strong consumer spending, the economy is red-hot this month, which is in turn rippling through the financial markets and driving equities higher,”he said. “Unfortunately, the same cannot be said about the housing market, where it appears sales

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  • The Housing Recovery Isn’t Over, It Just Feels Like It Is

    CNBC‘s Diana Olick reports on the wave of disappointing housing data that has been reported since spring. She sees it as more hangover than crash. Sales of new and existing homes are falling, construction of single-family homes is basically flat for the year, mortgage rates are rising and affordability is weakening. It certainly feels like

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  • Four Old Living Room Design Trends Returning to Today’s Homes

    To get design inspiration, many generations look to the past. For a while, many designers were adding mid-century modern accents, such as tapered legs, sleek profiles, and wood, but now rooms are getting a contemporary makeover as well, especially living rooms. Realtor.com reporters Jamie Wiebe and Rachel Stults asked design professionals which vintage living room

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  • Housing Prices in Reno Area Hit All-Time High — Again

    Things are heating up in the high desert. The AP via the Las Vegas Review Journal, reports: Rising housing prices have set a record in the Reno-Sparks area for the fourth time this year. The Reno-Gazette Journal reports the combined median price for an existing single-family home in the cities of Reno and Sparks reached

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  • Leading Economic Index Up Again in July

    The Conference Board Leading Economic Index(LEI)for the U.S. increased 0.6% in July to 110.7 (2016 = 100), following a 0.5% increase in June, and a 0.1% increase in May. Continue reading…

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