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12/24/2007 Ask Realty Times: Home Warranties and Consumer Rights
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12/24/2007 Market Conditions: Summerville, South Carolina
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Summerville, South Carolina, is on course for this time of year.
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12/24/2007 Spending Less Time to Accomplish More
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Many real estate Agents invest too much time and too little urgency in their businesses. They commit well over 40 hours to the job, and they put themselves on call seven days a week. They spread themselves thin, and then, in order to sustain themselves over this endless schedule, they dilute their intensity. No other professional works so many hours. Even doctors have a lighter on-call schedule than most Agents choose to accept.
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12/24/2007 Building Information Modeling Adoption Accelerating, CMAA/FMI Owners Survey Finds
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More than a third of the construction project and program owners responding to the Eighth Annual CMAA/FMI Survey of Owners say they have used Building Information Modeling (BIM) on one or more projects. The rate at which BIM is being adopted in the industry is also accelerating, the survey reports. The study was conducted by FMI with the support of the Construction Management Association of America, and focused on perceptions and implementation of BIM among construction owners, including public- and private-sector owners who are members of CMAA.
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12/21/2007 'Happy Holiday fix for The Crunch'
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In thin holiday markets, The Crunch hasn't stolen Christmas, just given a mixed blessing: Mortgages fell from 6.25 percent to 6 percent in one week as fear of credit default returned and money raced to quality for safety.
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12/21/2007 Tax relief granted for forgiven debt, private mortgage insurance
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President Bush signed into law Thursday a bill creating a temporary tax break for homeowners who are able to persuade lenders to forgive part of their debt, and extends a tax deduction for some families with private mortgage insurance.
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12/21/2007 Five banks commit $125M for New England refis
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Five banks have committed $125 million to help New England homeowners with good payment histories refinance out of high-cost loans or avoid interest rate resets on adjustable-rate mortgages.
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12/21/2007 SEC, OTS looking at WaMu lending practices
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The Securities and Exchange Commission and the Office of Thrift Supervision are looking into allegations that Washington Mutual Inc. originated, securitized and sold mortgages that were made using inflated appraisals.
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12/21/2007 Home sales sink at record levels in two California regions
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The median home price in Southern California plunged 10.3 percent while sales fell 42.7 percent in November compared to the same month last year, real estate data company DataQuick Information Systems reported this week. Home sales in the San Francisco Bay Area dropped 36.2 percent from November 2006 to November 2007.
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12/21/2007 Mortgage brokers lose subprime share to retail, Internet lenders
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Retail lenders like banks and direct Internet operations picked up a larger share of subprime loan originations in the first half of 2007, according to a survey of subprime lenders by the Mortgage Bankers Association.
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