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03/26/2007 Nevada tops states with highest foreclosure rate
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Foreclosures took a breather in February from the previous month, but activity is still well above what it was a year ago, an information service reported.
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03/26/2007 New-home sales fall 18% in February
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The rate of new single-family home sales in February dropped to its lowest
level since August 2000, falling about 18.3 percent compared to the same month
last year and dropping 3.9 percent compared to January 2007, the U.S. Census
Bureau and the Department of Housing and Urban Development reported
today.
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03/26/2007 Overnight real estate rates stall
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Long-term mortgage interest rates were flat Friday, and the benchmark 10-year Treasury bond yield rose to 4.61 percent.
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03/26/2007 Social media party too hot for TV
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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 2.)
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03/23/2007 Little Movement in Mortgage Rates This Week, According to Freddie Mac Survey
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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 6.16 percent with an average 0.4 point for the week ending March 22, 2007, up from last week when it averaged 6.14 percent. Last year at this time, the 30-year FRM averaged 6.32 percent.
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03/23/2007 Landlords' Market Resumes In Rental Sector
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Renters may soon find themselves back behind the eight-ball.
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03/23/2007 Window of Opportunity Opens and Closes with Interest Rates
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Buyers need to update their relationships with their local loan officer so they know when to climb through the window of opportunity that keeps sliding wider these days. Have you been looking at the interest rates lately?
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03/23/2007 Hard Money and Subprime Money
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I was on some radio show last week, I can't remember which one, but the host started off with a question, "So David, what's with all these subprime hard money lenders?" referring to the current subprime mortgage miasma.
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03/22/2007 One-size Web site does not fit all
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SANTA CLARA, Calif. -- A one-size-fits-all approach to online information may not suit all Web users, said Peter Horan, CEO of media and advertising for Barry Diller's InterActiveCorp.
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03/22/2007 Dominion Enterprises acquires eNeighborhoods
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Dominion Enterprises, a large media company, has acquired eNeighborhoods in a deal that aims to expand Dominion's reach in the real estate industry and position the company as a leader in technology and marketing services.
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