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07/28/2006 Mortgage rates likely to fall, but not far
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Mortgage rates fell all week long, at mid-week on sinking housing data and a slower Fed survey, the final drop early this morning on news that second-quarter GDP slipped to 2.5 percent growth -- that versus forecasts in the 3.5 percent range.
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07/28/2006 Widening income gap to wreak havoc on consumer confidence
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Although the overall level of consumer confidence was unchanged in July, it masked a growing divergence between the rich and the poor, according to a survey released today.
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07/28/2006 Surprising incentives home sellers use to close deal
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As the real estate market cools, sellers are finding it increasingly necessary to pile on extra incentives for buyers in order to close a deal. Today's cost-conscious buyers are not only looking for a great price, they are also looking for added value benefits that the seller can bring to the table aside from a drop in their asking price.
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07/28/2006 North Carolina remains a hotspot for real estate
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Despite another month of double-digit drops in home sales across Massachusetts and Virginia, sales in North Carolina continued to defy the East Coast slowdown, according to Realtor associations in those states.
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07/28/2006 First American earnings fall
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The First American Corp. this week reported its second-quarter net income fell 17.7 percent from a year ago, despite record revenues.
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07/28/2006 Trulia offers free maps for broker/agent Web sites
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SAN FRANCISCO -- Real estate search engine Trulia is making it possible for real estate agents and brokers to upload an interactive map of up to 50 property listings directly to their own Web sites.
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07/28/2006 Job growth may be headed for slowdown
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A key indicator that measures job offerings in major newspapers nationwide held steady in June, the Conference Board reported Thursday.
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07/28/2006 Real estate industry finding comfort level with technology
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SAN FRANCISCO -- Real estate professionals are looking for ways to remain indispensable to their customers, even as they embrace the technology some once saw as a threat.
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07/28/2006 Overnight real estate rates sink
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Long-term mortgage interest rates came down Thursday, and the benchmark 10-year Treasury bond yield inched up to 5.04 percent.
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07/28/2006 Money can buy a big house ... but not happiness
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Home sellers may be at risk of earning less on the sale as the real estate market transitions to a buyer's market -- and they are at risk of losing something else, too: happiness.
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