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In Boston, year-over-year prices dropped, [24] sales fell, inventory increased, foreclosures were up, [25] [26] and the correction in Massachusetts was called a "hard landing" in 2005. [27] The previously booming [ 28 ] housing markets in Washington, D.C. , San Diego, California , Phoenix, Arizona , and other cities stalled as well in 2005.
A Warrant of Restitution is a court order [1] which empowers a property owner to use court bailiffs to enforce a possession order which was gained previously. [ 2 ] A common use of such a warrant is for a landlord to remove tenants which have re-entered the property after eviction. [ 3 ]
In many regions a real estate bubble, it was the impetus for the subprime mortgage crisis. Housing prices peaked in early 2006, started to decline in 2006 and 2007, and reached new lows in 2011. [3] On December 30, 2008, the Case–Shiller home price index reported the largest price drop in its history. [4]
In the case of real estate an owner may, for whatever reason, feel uncomfortable with revealing a given price to the public; an estate agent may also want to prevent trends in property prices over a given area from becoming public information. Perhaps the most nefarious use of the "price on application" term is as a mild low-ball technique ...
Marcus v. Search Warrant, 367 U.S. 717 (1961), full title Marcus v. Search Warrant of Property at 104 East Tenth Street, Kansas City, Missouri. An unusual in rem case heard by the Supreme Court where the named object was not the seized property but the warrant under which it was seized. Since all the government agents involved were indisputably ...
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