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Entries for November 2007

U.S. home prices decline for first time since 1994
November 30, 2007
From Staff Reports For the first time in nearly thirteen years, U.S. home prices experienced a quarterly decline, the Office of Federal Housing Enterprise Oversight said on Thursday. Home prices were 0.4 percent lower in the third quarter than in t...
Houston settles employment lawsuit
November 29, 2007
by April Nelson april.nelson@dailycourtreview.com Houston City Council unanimously voted Wednesday to settle a $420,000 employment lawsuit brought by state Senator Mario Gallegos, a former Houston firefighter. Gallegos claimed the city owed him u...
County homeowners to see $41 tax cut this year
November 29, 2007
From Staff Reports Harris County’s combined property tax bills for 2007 reflect a $41 savings on the average Houston area home, Harris County Tax Assessor-Collector Paul Bettencourt announced on Wednesday.   “Despite the strong increase in apprais...
Existing home sales fall for eighth month
November 29, 2007
by Martin Crutsinger The Associated Press Sales of existing homes fell for the eighth consecutive month in October, with median home prices falling by a record amount. Analysts blamed the worsening housing slump on the credit crunch that hit in Aug...
County homeowners to see $41 tax cut this year
November 29, 2007
From Staff Reports Harris County’s combined property tax bills for 2007 reflect a $41 savings on the average Houston area home, Harris County Tax Assessor-Collector Paul Bettencourt announced on Wednesday.   “Despite the strong increase in apprais...