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Monday, 18 September 2006 |
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LOS ANGELES— Elaine Young, the real estate agent who bought and sold so many properties to and from the stars that she became a celebrity herself, has died. She was 71. Elaine Young died at the age of 71. She has bought and sold many propertied to and from the stars. She has become a celebrity herself. Young died Thursday at Cedars Sinai Medical Center after a months-long battle with cancer, according to her daughter, Jennifer Young, and her brother, Tony Garber. |
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Monday, 18 September 2006 |
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Selling homes during the fall is a bit slower than spring and the summer months. But it can be a good time to sell because there are fewer houses on the market, which means that there is less competition. Buyers typically want to buy quickly before winter. Planning to sell in fall should come in a very careful activity. The first thing is to examine major structural systems. There might be a want to hire a professional home inspector. The American Society of Home Inspectors says a typical home inspection includes drainage conditions, exterior surfaces, decks, chimney, the roof, windows, doors, plumbing fixtures, furnace, air conditioner, insulation, ventilation, electrical, heating, and plumbing systems. |
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Monday, 18 September 2006 |
As real estate becomes more and more in demand, Texans are motivated to get their license. Despite the rush there is still plenty of room for many. “The number of active real estate licensees provides a measure of the relative size of the real estate brokerage industry through the years and across state boundaries,” said Charles Gilliland, research economist with the Real Estate Center at Texas A&M University. “Among the largest states, Texas lags California, Florida and New York in total active licensees.” |
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Monday, 18 September 2006 |
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(AP) — Trizec Properties Inc., a Chicago-based real estate investment trust that develops office space, on Tuesday said its shareholders approved the company's $4.8-billion takeover by Brookfield Properties Corp. |
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Monday, 18 September 2006 |
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In cooling real estate markets, it's the hottest question: How do you value a specific piece of property when local home sales are down 20 percent to 40 percent from last year, inventories of unsold homes have ballooned by 200 percent or more, and all the trend lines are pointing negative? |
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Monday, 18 September 2006 |
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NEW YORK - America’s real estate agents and mortgage lenders jump ship or receive the pink slip. Deterioration of the glory days of the most recent US housing market takes a toll on employees who profited from its record-breaking five-year run. With home sales slumping and loan demand diminishing, layoff announcements and resignations have become increasingly common, evidence that the sector's slump is broad. |
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Monday, 18 September 2006 |
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To favor middle and low income urban residents, China is expected to adopt new housing policies. An important adjustment is to split current affordable apartments into two types namely, those for sale and those for rent. This will then create the backbone of the nation’s housing assurance system in the future. |
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Monday, 18 September 2006 |
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As a growing number of housing markets shift into low gear, sellers are beginning to find their backs against the wall. Home prices are falling, sales are stalling and buyers are calling for concessions. Good help really isn't hard to find, provided you take care to hire a real estate agent best suited for you, the market and the home you want to sell. GMAC Real Estate supplied a list of tips for successful real estate agent selection and we asked agents from other companies and other real estate professionals to chime in with suggestions you may not always get. |
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Monday, 18 September 2006 |
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Today, many homeowners are turning sunrooms into home offices, second bedrooms, and extra sitting rooms. Inside sunrooms homeowners are building pools, spas and other relaxing amenities. A sunroom is different from a standard room addition because of the panoramic view that you can achieve with a sunroom, you get the real feeling of having an outdoor feeling but being protected from the temperature, the bugs. |
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Friday, 15 September 2006 |
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Foreclosure rates in the second quarter were highest for "subprime" borrowers - people with weaker credit records who are considered higher risks - who have adjustable-rate mortgages. Even with the increase, the new foreclosure figure is still low by historical standards and thus not overly worrisome to lenders. But it suggests that some borrowers are feeling pinched. |
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Friday, 15 September 2006 |
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City officials approved a plan yesterday to spend $10.7 million to tear down more than 400 housing units in some of Baltimore's most neglected neighborhoods. Though many of the projects are under way, supporters said the city's financial commitment will jump start the effort by paying for the purchase and demolition of residential properties - most of which are vacant - that can then be combined into larger parcels that are easier to develop. |
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Friday, 15 September 2006 |
NEW YORK - Real Estate private equity funds are in for another record-setting year as stable, healthy returns continue to attract investors. By the end of August, 46 real estate private equity funds had closed their fund-raising doors with $32 billion raised among them. With 58 new funds still on the road targeting another $27 billion, 2006 is bound to break last-year's record of $45 billion, the report said. |
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Friday, 15 September 2006 |
McLEAN, VA -- Primary Mortgage Market Survey (PMMSSM) released today the results of the 30-year fixed-rate mortgage, which averaged 6.43 percent with an average 0.5 point for the week ending in September 14. The 15-year FRM this week averaged 6.11 percent with an average 0.4 point, down from last week when it averaged 6.16 percent. A year ago, the 15-year FRM averaged 5.32 percent. |
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