Continued Strong Pace for Existing-Home Sales
Due to strong buyer response to the tax credit, May closings are 19.2 percent higher than in May 2009.
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Commercial Market May Have Hit Bottom
The Moody’s/REAL Commercial Property Price Index rose 1.7 percent from March to April.
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Minorities Most Likely to Have Subprime Loans
A study by the Center for Responsible Lending reported that 8 percent of both African-American and Hispanic borrowers lost their home to foreclosure.
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Revealing ‘Material Facts’ Pays Off in the End
Dian Hymer argues it saves sellers in the end to be straightforward about possible issues with a home.
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HAMP Modifications Rising
The U.S. Treasury and Department of Housing and Urban Development says more loan modifications have been canceled than approved.
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Tips for Your Clients Who Garden
The typical return on investment for landscaping improvements is 100 percent to 200 percent, as much or more than a kitchen or bath remodel, according to Money magazine.
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