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Market Conditions and Outlook
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User rated daily articles on declining and advancing real estate markets, mortgage news, creative owner financing, realty facts, and property owner opinions |
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| It doesn't take a fortune teller to predict that common elements are going to wear out and it doesn't take a crystal ball to predict that HOAs are going to need money and a plan to fix them. So why do so many HOAs fail to properly plan for these predictable events and expenses?



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We were unable to find any related articles. REOWN.com - Filtering creative real estate news -- getting the juice!
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Maintain an Organized Entryway |
| | The goal of homeowners everywhere should be to have not only functional, but beautiful entryways.


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Most Homebuyers Have No Regrets |
| | Even in the face of stagnant - or sliding - home prices, an overwhelming 90 percent of homeowners say they don't regret buying their current home, according to a new study by Bankrate, Inc.


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Builder Bummer: Big Land Auction Cancelled |
| | Today we wrote about the excitement surrounding a big California land auction that was set for Thursday. Well, the bidders should just stay home.

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One Michigan County Offers Free Land |
| | Muskegon County in Michigan is bartering land for jobs as its unemployment rate soars past the national average.

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Serial Killer’s Former California Home Sells |
| | Barbara Holmes and Tom Williams got a killer deal in the foreclosure auction for their new Sacramento home.

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Congressman Wants U.S. Open Back In Forest Hills |
| | As the fight to save the West Side Tennis Club's stadium continues, Rep. Anthony Weiner has asked the U.S. Tennis Association to consider holding one match a year at the decaying Queens facility.

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Real Estate News: Home Prices Rise, Outlook Dims |
| | Here's a look at the real estate news in today's WSJ:


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Back to basics - Mexican real estate - PV Mirror |
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Luzerne tries for extra base - Scranton Times-Tribune |
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Luzerne tries for extra baseScranton Times-Tribune... and no say in operating the franchise or the stadium - hardly the posture of an owner. Financing obtained by the authority has been based on two revenue ...and more » |
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Disgruntled Short Sale Buyers Moving To "New" Homes |
| | Columnist David Fletcher talk about competitive prices, dependable closings, and less stressed reasons for a move.


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Making The Case For Lost-Property-Value Claims In The Gulf Oil Disaster Zone |
| | Real estate properties along the Gulf Coast oil disaster zone are expected to suffer value losses ranging from 10 to 30 percent or more, but some efforts are afoot to help property owners mitigate those losses.


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| The landscape of American has changed over the years. As population levels grew, so changed rural and urban demographics.


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The Nation’s Best Bathroom? You Decide |
| | Pity the poor bathroom. It's a pretty important piece of real estate, yet no one really gives it much attention. Now's your chance.

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If You’re Thinking of Selling Any Time in the Next 10 Years, Don’t Wait Another Minute |
| | [Watch video]Selling now and offering terms (owner financing) will probably get the retired owners of a 37 unit apartment building what they want… much more so than refinancing and managing for another 10+ years.
Recent email from someone looking for a refinance (from a commercial hedge fund… Chase won’t refinance for them… they just want their [...] |
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The Maui Prince Changes Hands Again |
| | A rollercoaster year for the former Maui Prince Hotel in Hawaii continued this week when one of the property’s mortgage holders took ownership with the intent of operating and further developing it.

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Shiller: Time for More ‘Inspirational’ Housing Policy Ideas |
| | Yale economist Robert Shiller urged policy makers to be more “inspirational” when designing solutions to the housing market morass.

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Real Estate News: L.A. Turns on Lights to Fight Crime |
| | Here's a look at real-estate news in today's WSJ:


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Home Price Reports Don’t Show Declines (Yet) |
| | When reading Tuesday's report on home prices from the S&P/Case-Shiller index, use caution.

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When Should an HOA Be Able to Restrict an Owner's Right to Rent Out His Unit |
| | Is it fair for an HOA (Homeowner Association) to prohibit or restrict a unit owner from renting out his property? Should there be a law about this? In California, these issues are currently being argued in both the legislature and the courts. In some other states the issues may already be settled; in others the debate is no doubt going on.


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| It's a trend that started decades ago. Even President Jimmy Carter, in his 1979 "Malaise" speech, warned of its effects if American's continued on their path.


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Saving for a Home in Canada |
| | For most Canadians, a home is much more than a financial investment -- it's a lifestyle choice. If you're ready to get into the real estate market but don't know if you can afford it, here's what you need to know.


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Home Sales Start To Slow Down - WDSU New Orleans |
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Home Sales Start To Slow DownWDSU New OrleansFor those who have less than perfect credit, owner financing is an option or a lease purchase while paying down debt. "Bring up your credit rating. ... |
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Ignore Talk of a Housing Tax Credit ‘Revival’ |
| | Bring back the home buyer tax credit? Don’t hold your breath.


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Loan Mod Saves OC ‘Housewife’ Alexis Bellino’s Home |
| | The economic downturn has snared yet another Housewife.


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The 15-Year Mortgage Gains Fans |
| | These days mortgage holders are saying, "let's just get this over with." Some are putting cash-in to take advantage of historically low interest rates others are refinancing into 15 year mortgages.

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Real-Estate News: New Manhattan Skyline on Horizon |
| | Here's a look at real-estate news in this weekend's and today's WSJ:


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| Face detection, elevator music, and tips for your next big move. All of these are covered in this month's Cybertips.



Related Articles
We were unable to find any related articles. REOWN.com - Filtering creative real estate news -- getting the juice!
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Real Estate Outlook: Mixed Figures |
| | With sharp drops in sales of existing and new homes plastered over the front pages and leading the nightly newscasts, it's no wonder the real estate doomsayers on Wall Street have been working overtime.


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A struggle to sell small businesses - Santa Rosa Press Democrat |
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A struggle to sell small businessesSanta Rosa Press DemocratOthers agree that owner financing has become much more common in the last few years. One reason is that conventional lenders like to see owners retain a ...and more » |
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Former Conseco Exec’s Indiana ‘Chateau’ Receives Three Bids |
| | At least three people have submitted bids for an Indiana mansion that insurance company CNO Financial Group Inc. has owned since it wrested the elaborate estate from its former chief executive.

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Real Estate News: Mixed Signals on Mortgage Delinquencies |
| | Here is a look at real-estate news in today's WSJ:


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The Real Objective in Lead Follow-up |
| | It boils down to how much, how soon, and how much effort. How much effort contains two parts. How much to get them to the committed client level and how much to serve them to a high level of satisfaction.


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Long-Term Mortgage Rates Fall for the Ninth Week Out of Ten |
| | Freddie Mac today released the results of its Primary Mortgage Market Survey (PMMS), and for yet another week, fixed-rate mortgages reached record lows, while the 5-year adjustable rate remained tied at its low for this survey.


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Kitchen Remodeling Trends |
| | If you're shopping for a new home, chances are, whether you cook or not, the kitchen is an area of great interest. The bathroom is also likely high on the list to inspect. That's because we spend a lot of time in both of these rooms, socializing and taking care of the, ahem, important stuff.


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Real Estate News: Mother Teresa vs. the Empire State Building |
| | Here is a look at real-estate news in today's WSJ:


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Fewer Economists See Home Prices Gaining in 2010 |
| | Housing analysts took a gloomier view of the housing market in August—and that was before this week’s report of worse-than-expected declines in home sales.

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Omni Snares Bankrupt Amelia Island Resort on Florida Coast |
| | Omni Hotels & Resorts plans to expand the Amelia Island Plantation by more than 100 rooms after prevailing in an auction this week to buy the bankrupt oceanfront resort in northeast Florida.

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How Mortgage Rates Compare |
| | You've heard it all across the media. Interest rates are at historic lows. If you are new to the mortgage process, these figures and statements give you little frame of reference.


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San Francisco Bay Area Ground Zero for National Housing Recovery |
| | According to the California Association of Realtors (CAR) vice president and chief economist Leslie Appleton-Young, the San Francisco Bay Area, including Silicon Valley, is at the top of the market recovery heap.


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What Commercial Landlords and Chamillionaire Have in Common |
| | Commercial property owners now have something in common with rapper Chamillionaire: They're all walking away from debts on their property.

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Analyst: Please, Don’t Compare Toll Brothers to Tiffany & Co. |
| | Toll might be the sector's best-known luxury builder, but to compare them to luxury retailer Tiffany, as some have, just doesn't work.

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New Home Sales Tumble: Builders Don’t Know What To Do |
| | What do these record lows mean for builders? So far, their stocks are up.


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Real Estate News: Commercial Property Owners Walk Away |
| | Here is a look at real-estate news in today's WSJ:


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Are Home Buyer Tax Credits a Mistake? |
| | Tuesday's shocking if predictable reported plunge in home resales for July begs the question: Were the tax credits worth up to $8,000 for home purchases bad policy?

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Mortgage Rates Amazingly Low, Continue to Fall |
| | 30-year fixed mortgage rates are now at 4% for well-qualified borrowers who pay .07 to 1 point origination shows FreeRateUpdate.com research of wholesale lenders' interest rate sheets. 15-year fixed mortgage rates are at 3.5%. Both fixed mortgage rates, which continue to decline, are at all time record low levels


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Realtor Chief Economist Stands By Optimistic Forecast |
| | It must not be easy being Lawrence Yun. At least not in times like these. Tuesday, Mr. Yun assured the public that this historically-low level of home sales could be little more than a “pause.”

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Real Estate News: New Fees Eyed for Mortgage Industry |
| | Here is a look at real-estate news in today's WSJ:


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Grim Housing Numbers Not Too Surprising |
| | A series of data have hinted at this collapse in sales for weeks.


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Stand Out in a Buyers' Market |
| | How do sellers fare when there are two, three, or more listing signs visible on their street, along their stretch of shoreline, or in their condominium complex? PJ Wade offers practical seller tips for ensuring their property stands out in a crowd.


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NAR Disputes HUD Ruling on Payments From Home Warranty Companies |
| | In the June 25, 2010 issue of the Federal Register, the department of Housing and Urban Development (HUD) published a response (Docket # FR-5425-IA-01) to a 2009 request from the National Association of Realtors (NAR) asking for clarification regarding compensation paid by home warranty companies to real estate agents and brokers. In particular, NAR wanted to know HUD's position regarding such compensation when given on a per-transaction basis.


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| Columnist Carla Hill shares with readers why it is so important to price your home right, and from the very beginning.


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Why Tuesday’s Home Sales Report Should Be Awful |
| | Tuesday’s report on home resales is expected to be terrible. But while the numbers could be shocking, they probably shouldn’t be surprising to housing market watchers.

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Real Mystery: REITs Top List for Drug Use on Wall Street |
| | Buried in the middle of a recent news report was this nugget: "The highest levels of drug abuse in the financial sector seem to be a real estate investment trust companies."

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Redfin: For Real Estate Listings, the First Week Is Crucial |
| | Many sellers put their home on the market at a wishful-thinking price, figuring that they could just lower it later. That strategy could be a misfire.

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Real Estate News: Mortgage Fraud Rises Again |
| | Here is a look at real-estate news in this weekend's and today's WSJ:


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| What is your plan for when you will no longer be working full time in real estate? Real Estate Coach, Joeann Fossland, shares her tips.


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Paperwork to Keep after Closing |
| | At the end of closing, a large stack of papers sits in front of you. How do you know which one to file away for future use?


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Real Estate Outlook: Fannie Forecast |
| | If you want a good sense of where we are in housing and where we're headed, check out the latest forecast from Fannie Mae chief economist Doug Duncan.


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Paulson Wins Auction: March of Private Equity Land Deals Continues |
| | Wall Street money has recognized land as a potentially valuable asset class, and bidding against home builders–traditionally the biggest buyers of undeveloped lots–for valuable properties.

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Good-Bye McMansion, Hello Tiny House? |
| | How big is your ideal home? Somewhere between 1,400 and 2,600 square feet was the answer given by more than half of those who responded to a recent survey.

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Real Estate News: Billionaire’s Land Swap Troubles |
| | Here is a look at real-estate news in today's WSJ:


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Ten Have-to-Haves for a Real Estate Agent |
| | As a salesperson, you have to be able to keep in touch with prospects and clients easily and effectively. You have to be able to put your hands on names, addresses, phone numbers, and e-mail addresses in an instant.


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Housing Starts Rose in July |
| | Is it welcome news to the many slowly recovering housing markets? Real estate is waiting on a marked recovery from the recession, and some of the latest regional housing start figures seem to show it could be happening.


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30-Year, 15-Year Fixed-Rate Mortgages Continue to Inch Downward |
| | Freddie Mac today released the results of its Primary Mortgage Market Survey (PMMS), and for yet another week, the fixed-rate mortgages reached another low, while the 5-year adjustable rate remained tied at its low for this survey.


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Don't Let Termites Eat Away the Sale Of Your Home |
| | You're selling your home and it comes time to get that dreaded termite inspection. It's the Wood Destroying Organism (WDO) inspection that homeowners fear can eat away at the price of a home or ruin the entire deal--but it doesn't have to.


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Mortgage Delinquency Runs Slightly Higher in Dems’ Districts |
| | Housing and mortgage issues could weigh on more than the economy this fall—they could also drag on the re-election hopes of lawmakers.

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Real Estate News: Mortgage Refinancings Soar |
| | Here is a look at real-estate news in today's WSJ:


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Vacation Rental Owners' Hard Lesson from the Gulf Oil Disaster |
| | Some vacation property owners in the Gulf area, suffering lost income due to the disaster, discovered the hard way why sound record-keeping is a must.


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Part Three: Final Three Principled-Based Lessons For Commission Sales People |
| | Part 3 in this Commission Sales Lessons series presents principles seven through nine that were taught then caught along the way. Principles are dependable. They are true. They can help you separate fact from fiction.


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Social Benefits of Housing |
| | Recent research from the National Association of Realtors (NAR) outlines the importance of homeownership on not just the economy, but on the social benefits it provides.


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Mortgage Rates Flat, But Refinancing Up 17% |
| | While mortgage rates stayed pretty flat this past week, refinancing activity shot up 17%.


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Analyst: Home Builders Likely to Consolidate, Merge |
| | The housing market stinks and the economy is refusing to recover, one analyst suggests its time for the home builders to consolidate.

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Nazarian: Bringing L.A. To South Beach |
| | Los Angeles hotel-and-nightclub entrepreneur Sam Nazarian finally is getting closer to debuting his hotel brand in South Beach.

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Real Estate News: Yet Another Hotel Company Collapse |
| | Here is a look at real-estate news in today's WSJ:


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Winning the Loan-Modification Lottery, Part 2 |
| | There is no simple or entirely fair way to deal with the seven million or so U.S. households that are behind on mortgage payments or in the foreclosure process.

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Winning the Loan-Modification Lottery, Part I |
| | One of the secrets of the effort to modify home-mortgages: A lot of it depends on dumb luck.

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How to Stretch a Roth IRA to Last More Than 150 Years |
| | If you can create win-win situations you should always do so. You may be asking, "What does this have to do with IRAs?"


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D'Iberville looking to Legislature on 4 projects - SunHerald.com |
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Bill Gross: Refinance Wave Could Lift Home Prices |
| | Bill Gross plugs a plan that would allow millions of homeowners to refinance their mortgages at today’s historically low rates.

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Real Estate News: Geithner Sees U.S. Role in Mortgage Market |
| | Here is a look at real-estate news in today's WSJ:


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Sunstone Snares South Beach’s Royal Palm Hotel |
| | Sunstone prevailed at a foreclosure auction to buy the iconic but troubled Royal Palm Resort Hotel on Miami’s ritzy Collins Avenue for $117 million.

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Wells Fargo ‘Party House’ Sold at 30% Off |
| | A couple has paid nearly $15 million for the bank-owned Malibu beach house that made waves last year for allegedly being used as a party house by a Wells Fargo executive.

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Home Equity a Big Advantage for Canadians in Retirement |
| | At a time when pension plans are under financial strain and there are questions about whether Canadians are prepared for retirement, a new report by Statistics Canada looked at how unmeasured income from home equity is "an important source of well-being for retirement-age households."


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About That Real Estate Sales Tax |
| | If you haven't received an email about the alleged real estate sales tax, you will. Probably, many readers have already received more than one. They go something like this: "Did you know that the new health care bill will make all real estate transactions subject to a 3.8% sales tax? Just think, if you sell your home for $400,000, there will be a $15,200 tax!" It isn't true.


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Real-Estate News: How to Pay Less for Mortgages |
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Reduce Your Carbon Footprint |
| | The Summer season gives many homeowners excellent opportunities to reduce their carbon footprint, an increasingly pressing issue in American households, where energy consumption has reached new heights.


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Three of the New Realities of Successful Online Marketing |
| | The Internet has been the game -- changer in real estate. Be honest: did you ever think, back in 2005, that more than 80% of all homes sales would begin on the Internet?


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Real Estate Outlook: Modest Recovery |
| | The Federal Reserve's board of governors gave their current economic forecast a label last week: The label is "modest" - and it's an important word to keep it in mind.


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Redfin: Less Than Half of All Home-Sale Attempts Successful in ‘09 |
| | A survey of seven major housing markets found that less than half of all attempts to sell a home in 2009 had, as of last Wednesday, resulted in a sale.

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In Biggest Deal Since Crash, Standard Pacific Buys Raw Land |
| | The $150 million transaction, Standard Pacific's biggest land deal since the market's 2006 crash, is further evidence of the company's strategy to bulk up on bargain priced land now as it prepares for the housing market to improve.

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Real Estate News: Low Rates Spark Refis, Finally |
| | Here is a look at real-estate news in today's WSJ:


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30-Year, 15-Year Fixed-Rate Mortgages Drop Again |
| | -- Freddie Mac today released the results of its Primary Mortgage Market Survey (PMMS), and again, the fixed-rate mortgages reaching, along with the 5-year adjustable rate, set record lows for this survey.


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Showing the Consumer Specifics |
| | One of the challenges for salespeople is that we sell in generalities when consumers really want specifics. If we stay in the generalities, we will lose.


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Five Mistakes Home Builders Make |
| | Here are five ways builders waste money or, as we see it, five mistakes builders make that turn off home buyers.

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Long Island Deal of the Week: Half of a House |
| | A complicated bankruptcy means half of a Long Island house will be auctioned off-and the 81-year-old widow living there is part of the deal.

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Real Estate News: Home Values Uneven in San Francisco |
| | Here is a look at real-estate news in today's WSJ:


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Are Million-Dollar Borrowers More Likely to Default? |
| | Are million-dollar homeowners more likely to default on their mortgages? It depends who you ask.

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Subcontractors object to Banner deal with building owner - Bellingham Herald |
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