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	<title>On-Money &#187; homowners</title>
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		<title>US House Sales Improved in July</title>
		<link>http://on-money.com/us-house-sales-improved-in-july/</link>
		<comments>http://on-money.com/us-house-sales-improved-in-july/#comments</comments>
		<pubDate>Mon, 25 Aug 2008 16:33:51 +0000</pubDate>
		<dc:creator>David</dc:creator>
				<category><![CDATA[sub-prime]]></category>
		<category><![CDATA[usa]]></category>
		<category><![CDATA[foreclosure]]></category>
		<category><![CDATA[homowners]]></category>

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		<description><![CDATA[ Sales figures for July of pre-owned houses showed a 3.1% increase in July 2008.  This is attributed to a 7% drop in median house prices to $212,000 (UK £114,439), as a consequence of the US sub-prime crisis.
In the same period, over 272,000 people in the US received notice of foreclosure, a rise of 55% [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://on-money.com/wp-content/uploads/2008/08/usflag.gif"><img class="alignleft size-medium wp-image-45" title="usflag" src="http://on-money.com/wp-content/uploads/2008/08/usflag.gif" alt="" width="40" height="19" /></a> Sales figures for July of pre-owned houses showed a 3.1% increase in July 2008.  This is attributed to a 7% drop in median house prices to $212,000 (UK £114,439), as a consequence of the US sub-prime crisis.</p>
<p>In the same period, over 272,000 people in the US received notice of foreclosure, a rise of 55% on July 2007 according to analysts Realtytrac. The US Government has introduced new measures to try and help home owners from losing their property.</p>
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