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09/29/2006 Overnight real estate rates head uphill
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Long-term mortgage interest rates were up Thursday, and the benchmark 10-year Treasury bond yield rose to 4.61 percent.
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09/29/2006 Michigan MLS braces for fight with FTC over listings rule
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Realcomp II Ltd., the largest multiple listing service in Michigan, is preparing for a legal battle with the U.S. Federal Trade Commission over an MLS policy that blocks some property listings from display on public Web sites such as Realtor.com and an MLS-owned home-search site.
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09/29/2006 Web 2.0: the next generation of real estate revenue
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Do you believe that the only way to make money on the Web is to convert a lead into a listing or sale? If so, you're missing a huge new opportunity that could be a potential gold mine in the future.
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09/28/2006 Growth in home loans to minorities outstrips whites in most areas
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Immigration and lower home-ownership rates among African Americans and Hispanics make minority buyers the fastest-growing segment of new home-purchase mortgages, according to a study of government loan data.
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09/28/2006 Ipix assets going on the auction block
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The assets of Ipix, the bankrupt company that pioneered the virtual home tours that are a staple of real estate Web site, will go on the auction block next month.
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09/28/2006 Nevada mortgage broker settles SEC investigation
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A Nevada mortgage brokerage that raised capital by selling real estate investment funds to the public misled investors about the rate of return its funds achieved, according to a Securities and Exchange Commission investigation.
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09/28/2006 Home prices fall, mortgage rates follow
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Mortgage rates fell further this week to lows not seen since March on news that home prices are down from year-ago levels, according to surveys conducted by Freddie Mac and Bankrate.com.
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09/28/2006 Regulators rebut NAR claims about bank-related real estate projects
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Federal regulators say recent rulings that gave three banks the go-ahead to invest in commercial developments do not set a precedent allowing banks to act as real estate investors, developers or brokers.
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09/28/2006 Single-family building permits fall in California
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Building permits issued for single-family homes in California dropped 41.8 percent in August compared to August 2005, the California Building Industry Association reported today, and building permits dropped 5.9 percent compared to July 2006.
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09/28/2006 Change in real estate: full speed ahead
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NEW YORK -- The real estate industry is at a crossroads of change. All the latest home sales forecasts point to steady change in market conditions; a new generation of consumers are entering the market; and with each day a new real estate technology, Web site or business is born.
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