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07/26/2006 Program helps teachers buy homes
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Realty Executives International announced the national launch of Homeworks, a marketing initiative piloted in Phoenix this past spring to help make teachers more aware of special loan programs that already exist for educators. The program aims to help teachers buy homes.
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07/26/2006 Better Business Bureaus see upswing in real estate lending scams
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The Council of Better Business Bureaus has issued an alert to
stem what it says is a growing number of incidents involving lenders who prey on
heavily indebted homeowners.
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07/26/2006 Real estate foreclosure listings site rolls out LAVA
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Foreclosure.com, which provides online information about foreclosure and other types of properties, today announced a new listing technology that allows real estate professionals to host the site's database on their own Web sites.
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07/26/2006 Overnight real estate rates stand pat
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Long-term mortgage interest rates were unchanged Tuesday, and the benchmark 10-year Treasury bond yield rose to 5.06 percent.
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07/26/2006 Alternative companies allege unfair playing field in real estate
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During a congressional hearing Tuesday, representatives for real estate companies with unconventional business models described a climate of discrimination, blackballing, targeting and harassment by industry competitors and rule-makers.
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07/26/2006 Welcome to Real Estate Connect
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SAN FRANCISCO -- Welcome to San Francisco and to Inman News' Real Estate Connect conference, the annual industry event where real estate meets technology. This year's confab brings together major representatives from Google, RE/MAX International, Yahoo!, Microsoft, the National Association of Realtors, and dozens of other real estate and technology companies.
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07/25/2006 HouseValues boosts revenue, misses profit projections
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Second-quarter revenue was up but profits were down at real estate lead generator HouseValues Inc., the company said today as it announced the departure of its chief financial officer and a plan to buy back up to 2 million of its own shares.
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07/25/2006 Wells Fargo rolling out 40-year fixed-rate mortgage
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Wells Fargo Home Mortgage said today it would join the growing club of lenders offering home buyers the option of a 40-year, fixed-rate mortgage.
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07/25/2006 California home sales plunge 26%
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California home sales plunged 26.3 percent in June compared to last year while the median price of an existing home increased 6.2 percent, an industry trade association reported today.
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07/25/2006 Nonprofit institute promotes open MLS
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David Barry is at it again.
The San Francisco lawyer, who for decades has filed antitrust lawsuits against real estate industry groups across the country, is now leading an Open MLS Institute that seeks to open up property listings information to consumers nationwide.
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