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01/25/2007 Internet Brands expands real estate reach with Loan.com
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Internet Brands Inc., a
company that operates an assortment of real estate, automotive and travel Web
sites, has launched Loan.com, a site that
links consumers with a network of lenders and includes a search for low rates.
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01/25/2007 Mortgage rates end week higher
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Mortgage rates crept higher this week on news of slightly
higher home construction levels in December and steady economic growth ahead,
according to surveys conducted by Freddie Mac and Bankrate.com.
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01/25/2007 Risk for home-price declines up in latest survey
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The risk
for home-price declines increased in cities nationwide due to continued
deceleration in home-price appreciation and decreased affordability, according
to an industry report
this week. Economic fundamentals remain strong in most areas, however, with
historically low unemployment rates and strong job growth, which helps mitigate
the risk of price declines.
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01/25/2007 Women real estate leaders to convene this spring
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Women leaders in real estate will convene for a debut event
in March to explore issues women executives in the industry face. The
conference, Really Awesome Women
in Real Estate, is slated for March 19-21 in Albuquerque, N.M.
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01/25/2007 Florida home sales plummet 28%
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Sales of Florida's existing single-family homes dropped for
the 13th straight month in December, as prices continued to trail year-ago
levels, according to statistics provided by the Florida Association of Realtors.
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01/25/2007 Houston real estate has best December ever
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Houston real estate sales rose for the 15th straight month in December, helping the single-family sector to break more sales and price records, according to statistics released by the Houston Association of Realtors.
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01/25/2007 Median existing-home price rises 1.1% in 2006
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Existing-home sales dropped 8.4 percent in 2006 to 6.48
million from a record 7.08 million in 2005, the National Association of
Realtors trade group reported
today. The annual sales total was the third highest on record.
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01/25/2007 Michigan creates statewide real estate database
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Judith Lindenau led the effort to create a statewide property database in Michigan while avoiding big costs, major political snags, and operational gridlock from conflicting multiple listing services rules and standards.
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01/25/2007 Overnight real estate rates get boost
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Long-term mortgage interest rates continued higher Wednesday, and the benchmark 10-year Treasury bond yield stayed at 4.81 percent.
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01/25/2007 HouseValues announces layoffs, exits mortgage lead-generation
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HouseValues Inc.
officials (NASDAQ:
SOLD) on Wednesday announced
that they are cutting 60 employees, or about 12 percent of the overall
workforce, as the company exits the mortgage lead-generation business and pulls
back in other areas.
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