US Consumer Confidence Edges Up in March.

U.S. consumer confidence rose slightly in March but remained weak overall due to worries about job losses, a moribund housing sector and ailing banks, a survey released Tuesday said. Investor’s Business Daily and TechnoMetrica Market Intelligence said their IBD/TIPP Economic Optimism Index rose to 45.3 in March from 44.6 in February. “Confidence remains weak as Americans look [...]

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30-year fixed-rate hits at least 37-year low

30-year fixed-rate hits at least 37-year low December 19, 2008 11:40 AM By Inman News Inman News Rates on 30-year fixed-rate mortgages are at their lowest since Freddie Mac began tracking them in 1971, the mortgage financier said in releasing the results of its weekly primary mortgage market survey. Frank Nothaft, Freddie Mac vice president and chief economist, attributed [...]

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Low prices boost valley home sales.

Foreclosure sales drive valley’s third quarter Coachella Valley home sales during the third quarter of 2008 jumped 51.5 percent compared to 2007, driven predominately by buyers nabbing foreclosures and other distressed properties that have been sharply discounted. The rise in sales is a dramatic turnaround from 2007, when third-quarter housing sales were down 23.3 percent from the [...]

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Palm Springs Dine Out

Palm Springs Life’s Dine Out - October 2008 Restaurant News and Events from around the Coachella Valley New Restaurants DINK’S The first restaurant to be built in Palm Springs from the ground up in more than 20 years, was previewed by owners Darrell Kelley, Denny Edwards, and Michael Owings during three nights of pre-opening invitational dinners held in advance [...]

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