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Saturday, July 30, 2011 4:36 PM

Brokers Expect REOs to Trigger More Legal Disputes

--> Nearly 60 percent of real estate professionals say they believe REO-related disputes will increase over the next two years. What’s more, 76 percent said they believe it will be among the top three issues they will face in real estate, according
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Wednesday, May 11, 2011 10:47 AM

Cheaper to Buy Than Rent? In Most Cities, 'Yes'

Cheaper to Buy Than Rent? In Most Cities, 'Yes' Americans in 39 of the country’s 50 largest cities are finding it’s cheaper to buy a home than rent one, according to Trulia’s second quarter Rent vs. Buy index. In its index, Trulia
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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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Monday, November 08, 2010 12:28 PM

Fed's Aggressive Policy Sparks Critics

Is history is going to repeat itself? When the Federal Reserve announced Wednesday that it intended to buy $600 billion in Treasury securities through June, it also signaled that it could make more purchases after that if unemployment remained too high
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Wednesday, October 27, 2010 11:05 AM

Georgia Top 10 for retirees

Real Estate GEORGIA State Income Tax: 1% - 6% State Sales Tax: 4% (localities can add their own) Inheritance Tax: No The Peach State is a peachy tax environment for retirees. Social Security income is exempt, and so is up to $35,000 per person of most
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Monday, September 20, 2010 11:32 AM

Wave of Foreclosure Sales Could Hurt Prices

More foreclosures could move onto the market as borrowers fall out of the government's loan-modification program. That, coupled with weak demand, could lead to lower home prices across the board, suggests an article in the The Wall Street Journal.
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Monday, September 20, 2010 11:10 AM

10 Reasons to Buy a Home

Time magazine is being overly pessimistic in its recent cover piece that called into question the benefits of homeownership. In fact, now is a great time to buy. And, what's more, tomorrow will be a great time to own, because the fundamental strength
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Friday, September 10, 2010 12:02 PM

Sellers Aren't Cutting Prices

The number of home sellers listing on Zillow.com who lowered their prices in August was unchanged from July, the first time in five months that price cuts weren’t on the rise. The median price cut was 7 percent in August, unchanged from July, Zillow
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Friday, August 13, 2010 11:40 AM

History will repeat itself

I hope all is well in your world today. I wanted to write you and give you some of my thoughts and opinions on what I see developing in the housing and economic climates. Home loan interest rates are at an all time low, as of 12 th August it hit 4.4 percent,
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Thursday, July 29, 2010 12:25 PM

Update on 30 year Mortgage Rates

Miami, Fl -- According to real estate website Zillow.com , interest rates on a 30 year fixed rate mortgage went higher this past week but still remained historically low. Low interest rates on mortgages will help lift home loan refinancing activity and
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Wednesday, July 21, 2010 1:21 PM

Fannie Mae Reviews Last-Minute Credit Checks

Fannie Mae announced last week that it is reviewing the rule it put in place earlier this year requiring lenders to do a second credit check shortly before closing. The goal of the rule is to identify new debt that might undermine an applicant’s
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Wednesday, July 21, 2010 1:19 PM

Buyers Should Shop for the Best Rate

Anyone shopping for a new mortgage these days should shop around, says Cameron Findlay, chief economist for LendingTree . Although mortgage rates look astoundingly low, the spread between what the bank receives and what it pays investors has actually
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Wednesday, July 21, 2010 1:17 PM

Did the Housing Credit Attract New Buyers?

At least one noted economist doesn’t believe that the home buyer tax credit brought new buyers into the market. Milton Ezrati, a senior economist and market strategist at Lord Abbett, argues that the credit only encouraged buyers to rethink their
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Friday, July 16, 2010 11:17 AM

Senate Passes Wall Street Reform

The Senate in a 60-39 vote passed landmark legislation to create new oversight structures for financial services firms and increase protection of consumers with a new Consumer Financial Protection Bureau. The 2,300-page bill, called the Dodd-Frank Wall
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Thursday, July 15, 2010 4:57 PM

Treasury Secretary Defends Recovery Efforts

U.S. Treasury Secretary Timothy Geithner in a PBS television interview on Tuesday defended government efforts to reduce foreclosures. He said the federal programs helped millions of families stay in their homes because of reduced monthly payments, while
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