Real Estate News: More Record Lows for Mortgages

| Category: Real Estate News | July 30th, 2010

Here is a look at real-estate news in today’s WSJ: Continue Reading

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Volcker: Fannie and Freddie ‘Need to Go’

| Category: Real Estate News | July 30th, 2010

Fed Reserve Chairman Paul Volcker says Fannie and Freddie “need to go,” and says the mortgage market needs to be reconstructed. Continue Reading

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House Passes HUD Budget, Ranking Members Voice Support for HECM Program

| Category: Mortgages | July 30th, 2010

The US House of Representatives passed the Transportation, Housing and Urban Development (THUD) appropriations bill for FY 2011 by a vote of 251 to 167 on Thursday. When the debate began, the Federal Housing Administration’s reverse mortgage program had a $150 million Continue Reading

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Obama Administration Event to Focus on Future of Housing Finance Reform

| Category: Mortgages | July 30th, 2010

The Obama Administration has announced a conference on Housing Finance Reform to happen in the upcoming month. On August 17, the “Conference on the Future of Housing Finance” will take place in Washington, D.C. at the Treasury Department. Yet again, the Administration invites th Continue Reading

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House of cards mega construction

| Category: Real Estate News | July 30th, 2010

The construction of a mega tower 40 floors building. construtcards.com / construcartes.com Continue Reading

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Real Estate Education

| Category: Real Estate News | July 30th, 2010

Real estate education according to it very basic description refers to education about real estate. Indeed, there are many things to learn about in real estate. In many developed countries, real estate education is a highly developed field. There are entire institutes that are developed for this pro Continue Reading

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Real Estate Incentives Out of Style among Price-Focused Shoppers

| Category: Real Estate News | July 29th, 2010

By Jim Buchta RISMEDIA, July 30, 2010—(MCT)—Government cash didn’t help John Foley and Cindy Case sell their Minneapolis house before the federal home buyer’s tax credit expired at the end of April, so the couple decided to take matters into their own hands. They hosted a backyard pa Continue Reading

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75 Percent of Nation’s Top Metro Areas Post Increasing Foreclosure Activity in First Half of 2010

| Category: Real Estate News | July 29th, 2010

RISMEDIA, July 30, 2010—RealtyTrac, a leading online marketplace for foreclosure properties released its Midyear 2010 Metropolitan Foreclosure Market Report, which shows 154 of the 206 U.S. metropolitan areas with a population of 200,000 or more posted year-over-year increases in foreclosure activ Continue Reading

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New Coalition Urges Federal Government to Stop Dangerous Wall Street Home Resale Fees

| Category: Real Estate News | July 29th, 2010

RISMEDIA, July 30, 2010—A wide array of organizations including the American Land Title Association, the National Association of Realtors, AFSCME, Vote Vets, the Center for Responsible Lending, the Property Rights Alliance and the Institute for Liberty recently launched The Coalition to Stop Wall Continue Reading

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U.S. May Be Edging toward Period of Deflation, Some Economist Fear

| Category: Real Estate News | July 29th, 2010

By Don Lee RISMEDIA, July 30, 2010—(MCT)—The White House’s recent prediction that the deficit would hit a record $1.47 trillion this year poured new fuel on the fiery argument over whether the government should begin cutting back to avoid future inflation or instead keep stimulating the econom Continue Reading

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