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06/30/2006 Home prices threaten Fed balancing act
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The latest mortgage run toward 7 percent has stalled ("retreat" is too strong) because of yesterday's shift in one Federal Reserve phrase: on May 10 economic growth was "likely to moderate"; but as of yesterday, "growth is moderating."
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06/30/2006 Ruling on real estate law clears way for charitable contributions
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An Alabama court has ruled that charitable donations made by real estate licensees in Alabama do not violate state real estate law as long as this practice follows some basic rules.
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06/30/2006 Residential real estate construction slows in California
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Single-family housing starts have declined 27.2 percent for the first five months of the year compared to the first five months of 2005, according to a report by the California Building Industry Association, and starts were 22.4 percent lower in May 2006 than in May 2005.
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06/30/2006 Consumer confidence improves in June
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Consumer confidence improved in June despite rising interest rates and high gas prices, according to a survey released today.
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06/30/2006 California insurer to slash homeowners' rates
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In the latest action to defend homeowners against excessive insurance rates, California Insurance Commissioner John Garamendi on Thursday announced he will approve an 18 percent decrease in homeowner and renter premium rates by The Hartford Insurance Co.
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06/30/2006 Selling broker to broker
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It dawned on me the other day that at a certain price point, it doesn't matter what I say to the customer at all.
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06/30/2006 Existing-home sales in Canada smash record
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Canadian existing-home sales via the Multiple Listing Service surged to a new high in May, according to statistics released today by The Canadian Real Estate Association.
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06/30/2006 Mobile phone tech company launches real estate tool
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A company that specializes in text-messaging and interactive voice response technologies has introduced a Web-based mobile marketing tool for real estate professionals.
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06/30/2006 Overnight real estate rates flat
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Long-term mortgage interest rates were mostly unchanged Thursday, and the benchmark 10-year Treasury bond yield dropped to 5.2 percent.
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06/30/2006 Power network your way to 'endless referrals'
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(This is Part 2 of a two-part series. See Part 1.)
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