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topStories Monday, August 27, 2012
     
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Sales of Existing Homes Improve as Prices Rise
By Tiffany Hsu
(MCT)—Sales of existing homes are strengthening and prices continue to rise, stoking confidence in the housing market’s recovery. According to the National Association of REALTORS®, resales of single-family homes, townhouses, condominiums and co-ops grew 2.3 percent in July from June to a seasonally adjusted annual rate of 4.47 million. The measure took an unexpected fall in June. Resales jumped 10.4 percent compared with the same month last year. Economists at the association believe sales could reach 5 million next year. Nationwide, prices were on a tear, with the median rising 9.4 percent from a year ago to ...
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Monday Morning Mobile: Own Your Mobile Ads

As a real estate broker in today’s market, technology can present both great challenges and opportunities. One of the biggest opportunities available for brokers today is the ability to leverage their digital assets. As consumers adopt more...
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Prospective Homebuyers Are Online

Internet search has grown to become an integral part of the lives of savvy retail consumers. Many consumers now find it convenient to shop and buy commodities online. While the retail industry still leads the pack in e-commerce, the real estate...
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No Lender Required

As if real estate needed more hurdles, a tough credit market has made a monster of the already lengthy and sometimes nerve-wracking financing subject. On a good day, the process can delay or derail a deal, to the agony of the seller, the buyer and their agents....
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Fixed Mortgage Rates Move Higher for Fourth Consecutive Week

Freddie Mac has released the results of its Primary Mortgage Market Survey® (PMMS®), showing fixed mortgage rates following long-term Treasury yields higher amid continued positive data on the housing market. This marks the fourth straight...
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Homespun
Not All Private Islands Come with Huge Price Tags
By Lauren Beale
(MCT)—Some people are happy collecting fast cars or nice watches. But the ultimate vanity purchase may be the private island. Billionaire Richard Branson owns several. Magician David Copperfield has a dozen. Singer Celine Dion is trying to sell hers.
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