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03/29/2007 Don't Assume All Baby Boomers Are the Same
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When we first started talking seriously about aging in place a few years ago, I asked a prominent residential builder what he thought of the idea of constructing houses that could accommodate changes in the lives of the occupants.
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03/29/2007 Clarification
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On Jan. 31, 2007, we published an article entitled, "Fraud kills $75 million hotel deal/Buyer sued for allegedly 'manipulating' agreement," in which we reported on legal proceedings pending in California state court. It has come to our attention that the article has been misread as suggesting that the allegations made by the plaintiffs in that case regarding the alleged actions of Los Angeles businessmen Richard Alter and Eddie Chan are true or have been established to be true, which is not correct. To be clear, to the extent the article discusses the "facts of the case," it repeats the plaintiffs' complaint allegations, which have not been proven or endorsed by any court. Indeed, it should be noted that the California Court of Appeal, in the published decision referenced in the article, held that an evidentiary hearing was necessary to determine the true facts, reversing the trial court's decision and remanding the case back to the trial court to conduct such evidentiary hearing.
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03/28/2007 Neighbors get to know each other as Internet goes local
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How many people's names do you know who live within walking distance of your house? If you're like many Americans today, the answer is probably not many.
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03/28/2007 Feds investigate home builder's lending practices
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A series of stories in the Charlotte Observer has prompted a federal investigation into the mortgage lending practices of Atlanta-based Beazer Homes in North Carolina.
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03/28/2007 Home loan apps decline
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Overall home loan application volume continued to fall last week, impacted by another drop in refinancing activity, the Mortgage Bankers Association reported today.
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03/28/2007 Top FDIC official calls for national anti-predatory-lending standard
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Congress should pass legislation spelling out a national anti-predatory-lending standard requiring lenders to analyze borrowers' capacity to repay loans and prohibiting misleading marketing and disclosures, a top federal bank regulator advised lawmakers Tuesday.
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03/28/2007 Overnight real estate rates sink
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Long-term mortgage interest rates were down Tuesday, and the benchmark 10-year Treasury bond yield stayed at 4.6 percent.
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03/28/2007 Industry experiments with social networking sites
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Editor's note: The rise of social media has come to define the new
Internet, or Web 2.0, and many in the real estate industry are embracing it with
open arms. The age of Internet participation and instant and widespread
communication is here. In this three-part report, Inman News dives into the
social media craze and uncovers what's working, what's not working and what's
just plain fun. (Read Part
1 and Part 2.)
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03/28/2007 Legislative and Regulatory Issues Landlords Must Pay Attention To
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All landlords are faced with challenges of many types when operating their properties. One of the most difficult challenges to get your arms around are regulatory and legislative changes.
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03/28/2007 Consumer Mortgage Ignorance Hurts
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Evidence consumer ignorance is also contributing to the growing number of foreclosures, more than one in three home owners couldn't tell you what type of loan they have if their home ownership counted on it.
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