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12/29/2006 Safety, status big selling points in luxury market
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(This is Part 1 of a three-part series.)
What does it take to market a $20 million property? How would you market
a $135 million listing? Panelists at the recent Inman News Connect High Net conference in
Miami shared what it takes to market to the wealthiest buyers in the world.
Surprisingly, many of the same strategies work at virtually all price points.
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12/29/2006 Befriend agents, walk new neighborhoods: '07 resolutions
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So it's
time to make New Year's resolutions again. Gosh, after 2005 (when my New Year's
resolution was "Get married and start a new career") and 2006 (when
my New Year's resolution was "Stay married and don't starve to
death") it seems tough to go back to the old standby of "Lose 10
pounds and go to the dentist twice."
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12/29/2006 News Gives Financial Markets Inflation Jitters
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McLEAN, VA -- Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 6.18 percent with an average 0.4 point for the week ending December 28, 2006, up from last week when it averaged 6.13 percent. Last year at this time, the 30-year FRM averaged 6.22 percent.
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12/29/2006 Points Taken, But Not Well
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It doesn't make financial sense to pay for points to buy down the cost of a mortgage only to refinance the mortgage before reaping the advantage of the buy down.
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12/29/2006 Picking Your Real Estate Team for the New Year
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The forecasts for real estate in 2007 have been rolling in the last couple weeks and it looks like another great market ahead. Keep in mind, I'm always bullish on real estate whether or not it's a buyers or sellers market. Somebody's going to make some good money.
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12/28/2006 For sale: the home that housed a president
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The White House was not yet ready for Gerald Rudolph Ford Jr. and his family
when he became president following Richard Nixon's resignation in 1974.
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12/28/2006 Iraq and housing's impact on economy
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We're a
day early because of a little local weather problem, but there's nothing in a
second 3-foot snowstorm in one week to compare with the trouble brewing in the
bond market.
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12/28/2006 Harbourton Mortgage Investment Corp. goes under
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The parent company of Harbourton
Mortgage Investment Corp. says the Virginia-based lender has closed its doors.
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12/28/2006 D.C.-area bank to close mortgage banking subsidiary
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Alliance Bankshares Corp. says it is
closing its mortgage banking subsidiary, Alliance Home Funding LLC, which
employed 43.
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12/28/2006 Consumer spending jolts mortgage rates
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Mortgage rates climbed for the third straight week following
recent reports that home sales and consumer spending performed better than
expected in November, Freddie Mac and Bankrate.com reported today in their
weekly surveys.
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