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02/23/2007 Public Housing's Positive Economic Impact
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"Public housing" continues to evoke visions of tenement high rises, ghettos or slums while also raising the hackles of there-goes-the-neighborhood NIMBYs (not-in-my-back-yard) and other critics who stand in the way of such development.
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02/23/2007 Market Conditions
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Salt Lake City, Utah, has seen its average home price rise steadily over the last several years, bringing the current rate to $460,000.
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02/23/2007 Home Sales, Listings Stats Show Turning in Market
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You've heard the phrase, "The devil's in the details," and that is ever so true in the statistical analysis of real estate. Real estate definitely moves on the level of supply and demand. The more houses on the market coupled with the less demand interprets into dropping prices. As houses sell (because the prices finally realign) and the inventory shrinks coupled with growing demand, prices start edging up.
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02/22/2007 Allan Dalton pursues new company venture
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Move Inc. (NASDAQ:
MOVE), which operates popular home-search Web sites including Realtor.com, on Thursday announced that the
company is pursuing a potentially "transformational" new venture
within the company, to launch in the third quarter of this year, led by the company's
real estate division president Allan Dalton.
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02/22/2007 Customer cancellations hurt HouseValues
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An unexpected surge in customer cancellations hurt House Values (NASDAQ:
SOLD) earnings in the fourth quarter, company CEO Ian Morris said Thursday.
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02/22/2007 California committed to title insurance rate cap
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California Insurance Commissioner Steve Poizner
California's new insurance commissioner says he agrees with his predecessor that there's a lack of competition among the state's title insurance and escrow services providers, and that he stands behind a proposal for a cost-based rate cap.
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02/22/2007 Acquisition, slow housing market hurt LandAmerica profits
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LandAmerica Financial Group Inc. reported fourth quarter profits fell 42.6 percent, to $34.3 million, because of a slowdown in home sales and costs related to its acquisition of Capital Title Group Inc.
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02/22/2007 Housing sends mortgage rates lower
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Mortgage rates dropped this week after the release of a
disappointing home construction report, Freddie Mac reported today.
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02/22/2007 Labor market to add jobs through spring
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Moderate economic and job growth is forecast for the coming months despite January's two-point decline in the Help-Wanted Advertising Index, The Conference Board reported today.
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02/22/2007 S&P launches U.S. Home Price Index
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Financial market intelligence company Standard & Poor's has announced
the launch of a quarterly U.S. National Home Price Index that tracks
single-family home prices in all nine U.S. Census divisions.
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