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07/27/2006 Overnight real estate rates steady
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Long-term mortgage interest rates were mostly unchanged Wednesday, and the benchmark 10-year Treasury bond yield dipped to 5.03 percent.
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07/27/2006 Realtor technology advocate wins Inman Innovator award
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SAN FRANCISCO -- Mark Lesswing, chief technology officer and senior vice president of the National Association of Realtors' Center for Realtor Technology, received a special Inman Innovator Award for "Individual Innovator" Wednesday during Real Estate Connect SF 2006. The Innovator Awards honor forward-thinking technology, business models and pioneers in online real estate, brokerage and mortgage companies.
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07/27/2006 Industry gurus on Google, leads, market conditions
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SAN FRANCISCO -- Brokers and other real estate industry gurus discussed Google's classified real estate listings service, a rise in online advertising, declining real estate lead-conversion rates, and the birth of new boutique brokerages during a Wednesday discussion at a real estate conference.
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07/27/2006 Internet leads can come from many places
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SAN FRANCISCO -- Generate them yourself, buy them from aggregators, or hire somebody to drum them up for you. If you're in the real estate or home lending business, you need sales leads.
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07/26/2006 Real estate licensees can get a better deal on houses
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Real estate professionals may have the upper hand in the real estate market when it comes to buying and selling their own homes -- but they can't always exercise this advantage.
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07/26/2006 Real estate slowdown deepens in Midwest
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Home sales in Ohio and Illinois continued to fall in June from their year-ago levels, while prices eked out modest gains, according to Realtor associations in both states.
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07/26/2006 House passes bill to boost home ownership under FHA
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The U.S. House of Representatives on Tuesday passed legislation that aims to increase home-ownership opportunities for low- and moderate-income Americans through restructuring of Federal Housing Administration policies.
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07/26/2006 Real estate loan applications decline
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Despite another dip in mortgage rates, overall home loan applications sank 1.3 percent last week on a seasonally adjusted basis from the week before, the Mortgage Bankers Association reported today.
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07/26/2006 Profits at Fidelity National Financial fall 30%
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Fidelity National Financial Inc. (FNF) said Tuesday lower title and escrow premiums pushed second-quarter profits down 30 percent, to $132.6 million, compared to the same quarter last year. Earnings fell to 73 cents per share, compared with $1.07 in the second quarter of 2005.
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07/26/2006 LandAmerica profits up 18%
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Title insurer LandAmerica Financial Group Inc. announced Tuesday $35.6 million in second-quarter profits, up 18 percent over the same quarter last year. The company said the increase was partially attributable to the $21.3 million spent or set aside in the same quarter last year to settle legal claims related to captive reinsurance practices.
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