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April 2011 - Posts

Wednesday, April 13, 2011 12:23 PM

Price Reduced on 135 Baywood Circle in Timber Ridge

Timber Ridge, Brunswick - Announcing a price reduction on 135 Baywood Circle, a 2,200 sq. ft., 2 bath, 3 bdrm single story "Brick home". Now MLS® $165,000 - Interest rates are low !!. Property information
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Wednesday, April 13, 2011 11:31 AM

Survey: Americans Still Optimistic About Housing

A sluggish real estate market hasn’t shaken the confidence of the public in how it views home ownership, according to a new study by the Pew Research Center. Eight in 10 adults (or 81 percent) say owning a home is the best long-term investment a
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Friday, April 08, 2011 8:31 PM

4 Ways to Save on Your Cell Phone Bill

A potential $39 billion merger between two of the nation’s largest wireless carriers--AT&T and T-Mobile--could lead to higher cell phone bills, according to some experts. Here are some cost-cutting measures to consider making now: 1. Use a family
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Friday, April 08, 2011 8:29 PM

Mortgage Rates Continue to Inch Upward

The 30-year fixed-rate mortgage continued to rise slightly for the third straight week, but still remains low by historical standards, reports Freddie Mac in its weekly mortgage market survey. The 30-year rate averaged 4.87 percent this week, but continues
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Friday, April 08, 2011 8:26 PM

Where You'll Find the Most Stubborn Sellers

On average, sellers reduce their list prices after about 2.5 months by 8 percent when a property hasn't sold yet, according to a new report by Trulia.com, which analyzes non-foreclosure listings of residential properties between March 2010 and 2011.
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Friday, April 08, 2011 8:17 PM

Gov't Shutdown Looms, More Warnings to Housing

Housing and Urban Development Secretary Shaun Donovan told Senate lawmakers that he is "very concerned" about the consequences of a government shutdown on the housing market. Donovan warned lawmakers that lenders would have to stop making loans
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Thursday, April 07, 2011 12:21 PM

FTC Warns of Timeshare Scam

Timeshare owners who are desperate to get rid of their properties are increasingly becoming targets of scams that promise to get them out of the deals and even help them make a profit, the Federal Trade Commission warns. The FTC recently filed a lawsuit
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Thursday, April 07, 2011 12:19 PM

Distress Sales Used as Comps: Right or Wrong?

Should residential appraisals use distress sales as comparables? It’s a thorny question that some states are weighing. In a recent Realty Times article, the author notes that in a normal market using distress sales as comparables is often viewed
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Thursday, April 07, 2011 12:14 PM

Watch Your E-mail: 3 Spam Survival Tips

A massive security breach from Epsilon has potentially exposed the e-mail addresses of millions of customers at major banks, hotels, and stores to hackers. Security experts are warning the public that you may be at greater risk of getting spam in your
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Thursday, April 07, 2011 12:11 PM

Revamped Foreclosure Procedures Coming Soon

The country’s top mortgage servicers have reportedly reached an agreement on changes to their foreclosure procedures. The consent agreement has not yet been made public, but The New York Times was able to get a preview of what the agreement contains
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Thursday, April 07, 2011 11:46 AM

Single Story For Sale in Eastview

Close to downtown and beaches • 1,300 sq. ft., 2 bath, 3 bdrm single story - MLS® $115,000 - Why rent when you can own Eastview, Brunswick - This three bedroom and two bath home is situated among a canopy of majestic oak trees that create an
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Saturday, April 02, 2011 11:22 AM

Home Sells for Record Price

A Russian investor paid $100 million for a 25,500-square-foot home in Los Altos Hills, Calif., which marks the highest price paid for a single-family home in the U.S. Billionaire Yuri Milner, 49, who heads Digital Sky Technologies and whose investments
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Saturday, April 02, 2011 11:10 AM

Housing Shortage on the Horizon?

Mike Castleman, founder and CEO of Metrostudy, which tracks real-time data of the country’s inventory of new homes, says a housing shortage is looming that will soon will create a huge surge in demand for new homes. As such, now is the time to buy,
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Saturday, April 02, 2011 11:06 AM

Watch for Red Flags That May Get You Audited

With a growing federal deficit and pressure from Congress, the number of audits from the IRS are increasing--could your tax return be at risk? The IRS says that individual income tax returns that report higher adjusted gross incomes were likely to get
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Saturday, April 02, 2011 11:02 AM

Mortgage Rates Continue to Inch Up

For the second straight week, mortgage rates were on the rise, but still remain overall low, reports Freddie Mac in its weekly mortgage market survey. While interest rates for the 30-year fixed-rate still stand below 5 percent, rates inched up slightly
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Saturday, April 02, 2011 10:58 AM

Bargain-Seeking Home Buyers on the Hunt

Housing prices across the country are at multi-year lows and mixed with low interest rates bargain hunters are targeting real estate. More investors are heading to the market looking to make cash buys for real estate, investing in second or even a third
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