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07/19/2006 Sotheby's grows real estate franchise
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Sotheby's International Realty is growing its luxury real estate network with master franchise agreements to expand into 16 additional countries and territories, the company said.
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07/19/2006 Real estate sales slowdown continues in California
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Home sales dropped 24 percent in the San Francisco Bay Area in June compared to June 2005, and were down 17.5 percent in Southern California during the same period, according to real estate research company DataQuick Information Systems.
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07/19/2006 Profits fall at real estate loan insurer
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Private mortgage insurance provider MGIC Investment Corp. on Tuesday reported its second-quarter net income dropped 14 percent from a year ago, falling from $174.4 million in second-quarter 2005 to $149.8 million in second-quarter 2006.
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07/19/2006 Realogy, Wyndham stocks to begin trading today
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"When issued" stocks in Cendant Corp. spin-offs Realogy Corp. and Wyndham Worldwide Corp. are expected to begin trading on the New York Stock Exchange today, although Cendant shareholders won't be issued their shares in the companies until July 31.
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07/19/2006 Housing affordability erodes builder confidence
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Builder confidence in the single-family market slipped three more notches to 39 in July, as interest rates and housing affordability continued to worry builders, according to an industry index released Tuesday.
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07/19/2006 Housing starts, permits drop in June
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The rate of privately owned housing starts dropped about 5.3 percent in June compared to May and fell about 11 percent compared to June 2005, the U.S. Census Bureau and Department of Housing and Urban Development announced today.
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07/19/2006 Real estate loan applications fall
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Despite a dip in mortgage rates, overall home loan applications fell 4.6 percent last week on a seasonally adjusted basis from the week before, the Mortgage Bankers Association reported today.
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07/19/2006 Overnight real estate rates barely budge
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Long-term mortgage interest rates were mostly flat Tuesday, and the benchmark 10-year Treasury bond yield inched up to 5.13 percent.
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07/19/2006 New foreclosures rise about 12% in first half of '06
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New foreclosures rose 11.8 percent in the first six months of the year, according to a report by Foreclosure.com, a company that compiles a database of foreclosed homes and investment property information.
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07/19/2006 Zillow teams with Yahoo! Real Estate
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Online home-valuation service Zillow.com has teamed with Yahoo! to provide consumers at Yahoo!'s search portals with quick access to home values.
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