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Stocks falter as Fed backs away from stimulus

Stocks opened sharply lower on Wall Street Wednesday after the Federal Reserve signaled that it may be less willing to provide more stimulus to the U.S. economy. The Fed’s policy makers were encouraged by recent reports of job growth in the U.S. and seemed more willing to allow the economy to move forward on its… Continue Reading Stocks falter as Fed backs away from stimulus

Sales contracts for homes rose 2 pct. in January

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The number of Americans who signed contracts to buy homes rose in January to the highest level in nearly two years, supporting the view that the housing market is gradually coming back. The National Association of Realtors said Monday that its index of sales agreements rose 2 percent last month to a reading of 97.… Continue Reading Sales contracts for homes rose 2 pct. in January

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A Colorado company offering a hedge against falling home prices aims to enter the Colorado Springs market. EquityLockSolutions, based in Greenwood Village just south of Denver, has introduced a new product to the real estate market – a hedge against falling real estate prices. EquityLock was fast-tracked by ReMax International to make it onto the… Continue Reading Colorado company offers hedge against falling home prices

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