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Apple will contribute $2.5 billion toward easing the housing crisis in California, joining other technology companies in helping alleviate a problem they are often blamed for exacerbating.

The median home price in Santa Cruz County, Calif., dropped to $815,000 in September, according to Gary Gangnes of Real Options Realty.

A sluggish Southern California housing market showed signs of heating up in September, as prices rose modestly and sales jumped by the largest amount in nearly three years.

CIT Group has agreed to lend and invest the money mostly in California as well as in the eight states where Mutual of Omaha Bank has branches.

Years after the foreclosure crisis ended, the Tampa Bay area still has 305 "zombies'' — vacant homes in some stage of foreclosure.

Australia's housing market recovery surged ahead in October, led by further hefty gains in the nation's two biggest cities.

Connecticut's housing market saw modest gains in September, with the number of sales of single-family homes and condominiums increasing as well the median sale price for both types of properties.

Home sales in San Diego County jumped 14.7% in September from the same time last year, which analysts largely attribute to a drop in mortgage rates.

The Dallas company said it should be able to avoid restating past financial results. It also reported higher quarterly earnings helped by increased mortgage activity.

Continue to look for deals, but don't be afraid to put money into assets offering competitive short-term rewards.