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Title: Daily Real Estate News
Link: http://www.realtor.org/rmodaily.nsf/news.rss
Description: A daily compilation of top real estate headlines from around the country.
Title: Daily Real Estate News
Link: http://www.realtor.org/rmodaily.nsf/news.rss
Description: A daily compilation of top real estate headlines from around the country.
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California Bans Practitioner Accused of Fraud
David Crisp license was revoked for three years for lying to lenders, who made $11 million in loans as a result.
Declining Dollar Brings Foreign Investors
Buyers from Argentina, Canada, France, and the Netherlands are lining up to buy luxury condos in Miami, New York, and Las Vegas.
Health Problems Linked to Chinese Drywall
The U.S. Consumer Product Safety Commission reports that there is a "possible" link between the health concerns voiced by home owners and Chinese drywall.
One-Fourth of Borrowers Are Underwater
New research from the First American CoreLogic reveals that 5.3 million U.S. households hold mortgages that are at least 20 percent higher than the value of their home.
Signs of Upturn in CMBS Market
With two large commercial bonds recently issued without Government support, the commercial market is beginning to show some promise.
Some Cities Unaffected by Recession
Locations with many employment opportunities and stable home prices are faring the best in the economic downturn.
Existing-Home Sales Record Big Gains
Existing-home sales are up and inventories are down, thanks in large part to the home buyer tax credit.
Fastest-Growing 'Burbs Dive in 2008
Areas where real estate was the main economic driver are now losing population.
Fed May Stay in Mortgage Securities
A representative of the Federal Reserve has suggested that the organization will continue to invest in mortgage-backed securities, but will adjust its portfolio as the economy changes.
Foreclosures Becoming Party Central
Foreclosed and vacant homes in some areas are being targeted as party sites by local "entrepreneurs."
FSBO Sites Charging for Services
While many basic features on Web sites that assist FSBOs are free, some services may cost money.
GM: If Housing Rebounds, So Will Trucks
Detroit is keeping an eye on housing starts, as an increase may bode well for pickup truck sales.
Real Estate Market FAQs
Practitioners and consumers have many of the same questions about where housing is headed. Here are a few answers provided by industry experts.
Wanted: Selling Sources
Do you have a story to tell about a recent sale? How about your first sale? We want to hear about it!
