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04/30/2007 Second-home sales fall in 2006
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A major slide in investment-home purchases in 2006 compared to the prior year was partially offset by a rise in vacation-home purchases, the National Association of Realtors trade group reported today.
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04/30/2007 Video: InmanWIRE debuts
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Inman News has launched the first episode of a new weekly series called InmanWIRE, which stands for "Week in Real Estate." Join Managing Editor Jessica Swesey and Inman News Founder and Publisher Bradley Inman for a light look at the week in real estate news.
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04/30/2007 Residential construction spending rate drops in March
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The rate of residential construction spending dropped about 14.2 percent in March compared to the same month last year, while the rate for all construction spending fell about 2 percent, the U.S. Census Bureau reported today.
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04/30/2007 NAR's top economist moves to Move Inc.
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04/30/2007 Overnight real estate rates get boost
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Long-term mortgage interest rates inched up Friday, and the benchmark 10-year Treasury bond yield dipped to 4.69 percent.
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04/30/2007 Virginia Realtors slam Ted Truitt
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A Virginia Association of Realtors campaign, which calls attention to the Realtors' Code of Ethics, gives Ted Truitt a bad name.
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04/30/2007 Reverse Mortgages Boom While the Rest of the Industry Swoons
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The conventional home mortgage market may be down 25 to 30 percent-and subprime home loans may be disappearing-but one segment of the industry not only is growing fast, but is poised for a sustained boom: Reverse mortgages.
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04/30/2007 Pool Designs Focus on Family and Functionality
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Less is more when it comes to pools, at least when you're referring to depth. Industry experts say a trend in pool construction is leaning to smaller and shallower pools.
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04/30/2007 Housing Counsel: Foreclosures are Impacting Condominium Projects
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Question: Our condominium is in trouble. Many of our owners obtained those “favorable” interest only rates a couple of years ago, and now that their monthly payment has increased, their units are being foreclosed upon. This is putting a burden on the rest of us, since those owners are no longer paying their condominium fees. We are a small association with a tight budget. The developer left us with very little reserves, and now we are struggling to keep alive financially. What should we do?
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04/30/2007 Beige Book: Lackluster Housing Market
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Adding commentary to recent statistical evidence about the nation's housing market, the Federal Reserve's newest district-by-district economic report says the housing market remains waylaid by over-supply, weak home sales, flat prices and few home starts.
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