July home sales plunge 26 percent in Hampton Roads

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July home sales plunge 26 percent in Hampton Roads
Peninsula-area home sales plunged 26 percent in July, compared to July 2009.
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Home Prices to Decrease Until 2012 After a `Sucker’s Rally,’ Savills Says
The gain in U.K. home prices during the first half will prove to be a “sucker’s rally” as an increase in properties for sale causes values to fall this year and next, Savills Plc said.
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Authority receives rehabilitation funding
The Fayette County Redevelopment Authority is one of only three agencies throughout Pennsylvania to obtain additional federal neighborhood stabilization funding to use to rehabilitate downtowns. With the additional $ 600,000 allocation, the authority will receive a total of $ 2.4 million. So far the money has been used to demolish, rehabilitate and construct homes in the county’s three biggest …
Read more on The Uniontown Herald Standard