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08/27/2007 Credit crunch reaches 'emergency' state
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Financial markets have quieted, more from exhaustion than resolution of the underlying credit panic. Agency mortgages never made it below 6.5 percent and are rising slightly now, and vanilla jumbos are still above 7 percent but easily available.
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08/27/2007 Low appraisals kill sales in today's market
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You have a property under contract, the buyer is preapproved, and the lender says, "Your buyer no longer qualifies for this loan." What do you do?
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08/27/2007 Multi-Regional MLS announces merger
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A Southern California multiple listing service is adding 6,000 members through a merger with another MLS, according to a Friday announcement.
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08/27/2007 Earthquakes: Supercrack Shaking Up San Francisco Bay Area
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There's a 62 percent chance a major earthquake will rock the San Francisco Bay Area by 2032, but only 17 percent of the area's residents are prepared.
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08/27/2007 Insurance: Important Key to Providing Peace of Mind for Landlords
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It is a sign of the times: Terrorist insurance for your rental properties. While you may or may not find this type of coverage necessary, protecting yourself and your property should be top of mind.
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08/27/2007 Housing Counsel: First Amendment Protections Nonapplicable in Community Associations
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The New Jersey Supreme Court recently dealt a serious blow to dissident community association homeowners, holding that on the facts of the case, the First Amendment protections for Free Speech and Freedom of Assembly are not applicable to a private community association.
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08/27/2007 Ways to Cut Costs Without Sacrificing Quality
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We are all health conscious today. For businesses, "trimming the fat" is also important. In fact, it is a necessary step for success, especially during down markets. Some companies offer employee incentives for ideas that cut costs. Others review purchasing decisions and look to new suppliers for more cost-efficient products that are at or above the quality normally purchased. One area where builders can cut costs without sacrificing quality, and meet a growing consumer demand, is in laminate flooring, where suppliers are also doing their best to gain traction in this burgeoning market.
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08/27/2007 A Cut-off of the Mortgage Interest Deduction for Big Houses?
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An influential committee leader in the House of Representatives is planning a post-summer surprise for millions of Americans whose houses contain 3,000 square feet or more of interior space: A proposal to take away their mortgage interest deductions.
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08/26/2007 Effects of Falling Building Permits and Housing Starts
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The falling building permits and housing starts have push the turmoil further in the persisting troubled global financial market.
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08/24/2007 RealEstate.com exiting lead-subscription business
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RealEstate.com today announced a phase-out of its subscription-based lead-generation business for agents.
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