News & Commentary: Daily News Articles
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06/22/2012
Last week, mortgage rates inched up, breaking a six-week streak of record lows. But this week, 30-year rates took another dip, returning to record lows again.
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06/22/2012
The majority of Americans say they think home prices will return to their pre-bubble peaks within 10 years. Are they getting overly optimistic?
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06/22/2012
Home owners who were subject to foreclosure abuses during 2009 and 2010 may be eligible to receive more than $125,000. But many of them may miss out on compensation.
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06/22/2012
A new Census Bureau report shows an 11.4 percent rise between 2007 and 2010 in the number of adults sharing houses or apartments with family members and others, indicating that many people doubled up to survive the recession.
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06/21/2012
Despite slowing economic growth, Fannie Mae says the housing market has “performed relatively well” as record affordability and low interest rates continue to bump up home sales.
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06/21/2012
The Fed announced it will extend its Operation Twist program to the end of the year, pushing down long-term interest rates in another effort to spur home purchases and business investments.
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06/21/2012
A bulk of the increase comes from the number of adult children moving back in with their parents, which grew from 1.2 million to 15.8 million between 2007 and 2010.
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06/21/2012
The CEO of Oracle Corp. has reached an agreement to purchase 98 percent of Lanai from Castle & Cooke Inc.
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06/21/2012
The owner of a Canadian-based brokerage helped police in an investigation involving one of his own realty agents, who had sold several homes that were later seized by police as marijuana grow operations.
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06/21/2012
As home sales grow and available supply narrows, home values have held up or are beginning to rise in neighborhoods with good public school systems, low crime rates, and nearby transportation corridors. However, other neighborhoods—especially in the exurbs—are not yet in recovery mode.