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06/15/2006 New Orleans public housing to get makeover
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Housing and Urban Development Secretary Alphonso Jackson on Wednesday unveiled the agency's plan to accelerate the return of public housing families back to New Orleans by rehabilitating units and increasing the value of rental vouchers.
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06/15/2006 Overnight real estate rates creep higher
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Long-term mortgage interest rates were up Wednesday, and the benchmark 10-year Treasury bond yield rose to 5.06 percent.
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06/15/2006 Spark a discussion, connect with a real estate client
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When Hurricane Katrina hit, Vikki Morvant's discussion boards for southern
Louisiana neighborhoods served as rallying points for the community – an example of how
user-generated content can help clients bond with each other and the sponsoring
agent.
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06/14/2006 FSBO Web site seeks to overturn N.H. real estate law
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A lawsuit filed this week in U.S. District Court in New Hampshire charges that state real estate law related to the display of property information on a Web site stifles consumer choice and First Amendment rights.
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06/14/2006 Study: Online mortgage borrowers more likely to use search
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Borrowers who applied online for home loans were more likely to have used search and product select tools than those who didn't apply, a June 7 study suggests -- and very few online mortgage sites are successful at getting visitors to apply online.
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06/14/2006 Canadian real estate sales hit record
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The Canadian Real Estate Association reported today that actual home sales via the Multiple Listing Service in Canada's major markets rose 4.4 percent, topping the previous record set last May. And sales activity for the first five months of the year was up 5 percent compared to the same period last year.
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06/14/2006 Borrowers rush market despite rising interest rates
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Overall mortgage applications climbed 7 percent last week on a seasonally adjusted basis from the week before, with refinancings fueling the growth, the Mortgage Bankers Association reported today.
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06/14/2006 Overnight real estate rates barely budge
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Long-term mortgage interest rates were mostly flat again Tuesday, and the benchmark 10-year Treasury bond yield slipped to 4.97 percent.
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06/14/2006 Online communities build buzz for real estate biz
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Editor's note: Real estate agents are learning that online community sites can be useful in reaching their target audience. Agents can use community Web sites to raise awareness about their services and drum up local business, while consumers can use the sites to rate, review, recommend and reach agents in their desired locations. This three-part series uncovers how a few savvy agents are using these sites and building their own.
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06/13/2006 HUD releases new anti-flipping rules
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Only the actual owner of a home can sell that home with Federal Housing Administration financing, and in an attempt to discourage flipping, homes sold within 90 days of purchase won't be eligible for FHA financing, the U.S. Department of Housing and Urban Development ruled Wednesday.
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