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  2. Real Estate News

Real Estate News

Home Owner Satisfaction Remains High

Daily Real Estate News | Monday, January 23, 2012 Nearly three out of every four home owners say they are satisfied with their purchase – and the No. 1 reason for their satisfaction is pride they feel about owning a home, according to HomeGain’s 2012 National Home Ownership Survey. In addition to pride, home owners also […]

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Antiquated Laws Make Foreclosures More Likely

Many states have laws on the books that make it difficult for home owners to avoid foreclosure, says a new report by the National Consumer Law Center. The center identifies these state laws as some of the most antiquated and unfavorable to home owners. Fast track foreclosure. In 30 states and the District of Columbia, […]

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Target Stores Feel Housing Pain

Among the losers in the housing downturn are Target discount department stores. Target sells twice as much home-related goods as Wal-Mart and its sales, as well as its stock price, have been feeling the pinch. Since the housing bubble burst in 2007, sales of home-goods at Target declined more than 20 percent. “The fact that […]

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JPMorgan Chase Freezes Foreclosures!!!

“In what may the biggest sign yet that banks are getting serious about attacking the nationwide wave of home foreclosures, giant JPMorgan Chase (JPM) announced on Oct. 31 that it is sharply ramping up its efforts to restructure the loans in its massive mortgage portfolio. For the next 90 days, JPMorgan will not place any […]

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Foreclosures Dip But Remain High

Daily Real Estate News  |  March 13, 2008 Foreclosures in February were down 4 percent from January, but the rate of foreclosures remain high year-over-year. The February rate was up 57 percent from February 2007. “The year-over-year increase this February was significantly higher than the 19 percent year-over-year increase in February 2007, indicating we have still not […]

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Luxury Market Keeps Moving Strong

Daily Real Estate News  |  March 10, 2008 People with money who can afford to pay big prices for houses continue to do so even though the housing market may be slow for buyers with lesser resources. Ron Baron, founder of the Baron Funds investment company, last year paid a record $103 million for an ocean-front property […]

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These Cities Are Made for Walking

Daily Real Estate News   Foot experts at the American Podiatric Medical Association have chosen the best and worst walking cities in American. More than 500 U.S. cities were evaluated and ranked on 14 walking criteria, including the percentage of adults who walk to work and the number of parks per square mile. Here are the […]

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Disgruntled Buyer Sues Buyer’s Agent

Daily Real Estate News  |  January 22, 2008 What are the responsibilities of buyer agents? A case being tried next week in North County, Calif., Superior Court will help decide that question. Buyer Marty Ummel is suing her buyer representative saying he hid information about what similar homes in the neighborhood were selling for because he feared […]

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Ownership: Rules to Make Nice With Neighbors

Rowdy neighbors. Filthy neighbors. Neighbors who never speak. Some neighbors are boors and it can affect property values, says Deborah Ford, director of the bachelor of science program in real estate and economic development at the University of Baltimore. “There are strict laws about housing discrimination, so [real estate practitioners] can’t do or say anything […]

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Rent to increase/ home prices to decrease?

Daily Real Estate News  |  January 4, 2008 Rents Must Rise to get in Sync With Home Prices The benchmark ratio of rents to home prices is slowly returning to its long-run average but it could be at the expense of home prices, according to a study by Federal Reserve Board economists and a University of Wisconsin […]

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