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02/26/2007 Housing Counsel: Like-Kind Starker Exchange
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I'm proud to be paying taxes in the United States. The only thing is - I could be just as proud for half the money.
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02/26/2007 Built-in Furniture Leaves Lasting Impressions
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At one time or another nearly every homeowner complains of not having enough space. It seems no matter how many square feet you own, sooner or later, you're in need of more. So at that moment you put your home on the market, decide to scale down your belongings, or perhaps consider built-in furniture.
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02/26/2007 Why You Need A Building Permit, And Fast
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As if you needed another, here's one more reason to pick up the pace on your planned home improvements this spring: a potential run on building permits.
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02/26/2007 Legislation Seeks to Ban Mortgages for Home Buyers Without Social Security Numbers
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An increasingly popular mortgage concept for immigrant home purchasers would be made illegal under the terms of a new bill introduced on Capitol Hill. The concept is known as "ITIN"-based lending -- mortgages that use Individual Tax Identification Numbers issued by the IRS in lieu of Social Security numbers.
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02/23/2007 Realogy announces proposed settlement of litigation
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Real estate giant Realogy Corp. (NYSE: H)
today announced an agreement to settle "purported consolidated class-action
litigation" that followed the announcement of a proposed buyout by
affiliates of private equity firm Apollo Management. That deal is worth
about $9 billion.
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02/23/2007 New at Inman News
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Inman
News is introducing
a slew of new products as we turn to our readers to participate more in our news
platform. The idea is to expose our content, inspire richer feedback and
encourage contributions in the spirit of using the platform to promote
innovation in the Inman tradition.
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02/23/2007 Real estate buck stretches furthest in Indianapolis
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Indianapolis
maintained its standing as the most affordable major U.S. housing market for a
sixth consecutive quarter in the fourth quarter of 2006, according to the National Association of Home Builders/Wells
Fargo Housing Opportunity Index (HOI), released this week.
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02/23/2007 Real estate rates up overnight
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Long-term mortgage interest rates moved higher Thursday, and the benchmark 10-year Treasury bond yield rose to 4.73 percent.
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02/23/2007 ZipRealty plans expansion in down market
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ZipRealty Inc. plans to hire as many as 700 agents this year as it expands in eight to 12 markets including Denver and Jacksonville, but expects to post after-tax losses of between $6 million and $9 million to fund the effort.
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02/23/2007 Slow Housing Market Sees Mortgage Rates Drift Downward
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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 6.22 percent with an average 0.5 point for the week ending February 22, 2007, down from last week when it averaged 6.30 percent. Last year at this time, the 30-year FRM averaged 6.26 percent.
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