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topStories Saturday, April 20, 2013
     
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Mortgage Rates Move Lower Again, Near Record Lows
Freddie Mac recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates moving lower this week amid data showing weaker consumer spending. This marks the third consecutive week fixed-rate mortgages have moved lower as the housing market continues to recover. The 30-year fixed-rate mortgage (FRM) averaged 3.41 percent with an average 0.7 point for the week ending April 18, 2013, down from last week when it averaged 3.43 percent. Last year at this time, the 30-year FRM averaged 3.90 percent. Additionally, the 15-year FRM this week averaged 2.64 percent with an average 0.7 point, down from last week ...
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REALTORS Midyear Legislative Meetings & Trade Expo

Next month REALTORS® will gather together in Washington, D.C., at the National Association of Realtors® Midyear Legislative Meetings & Trade Expo, May 13-18, to address critical housing issues with their members of Congress....
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Real Estate Q&A: How to Get Out of a Land Deal Gone Bad

(MCT)—QUESTION: I bought a vacant lot a few years ago on the Internet, sight unseen. Turns out, the property is unusable because it’s on the edge of a development and on a deep slope. I found out that it is part of an association, and the dues now have...
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Selling or Buying a Real Estate Business: Risk Management

The art of assessing risk management when selling a business entails a serious effort to uncover and recognize where the business risk resides for both the current and prospective owner. We identify the key elements of risk management using a rigorous review process....
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Pocket Listings: Helpful or Harmful?

Pocket listings—listings sold outside of the MLS—are gaining heat inside the real estate industry. Far from a new concept, they are one of real estate’s biggest in-house controversies, with professionals from across the country taking different stances as to...
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Your Place: Be Organized, Careful for Successful Yard Sale
By Alan J. Heavens
(MCT)—With the coming of spring, thoughts turn to yard sales — those events in which one set of Americans buys the stuff another set no longer wants for more or less than the retail price. Other than some buying tips — make sure you have enough room to store your new acquisitions, and confirm
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