What does it mean to be proactive?
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The current downswing in mortgage rates isn’t just good for homeowners refinancing.
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The National Association of Realtors has its tally for 2007. While it was the fifth highest sales on record, 2007 also was the first in over 40 years that home prices and sales went down instead of up.
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The downturn in the real estate market is leaving some people searching for work, but not all construction-related workers are completely leaving the industry despite a 15 percent drop in wages.
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Price of houses and rents in the San Antonio, Texas, area continue to move upward even while sales volume has pulled back in the in the region.
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McLEAN, VA — Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 5.48 percent with an average 0.4 point for the week ending January 24, 2008, down from last week when it averaged 5.69 percent as well. Last year at this time, [...]

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Lease-options are back in vogue. And that is just fine as long as the optionor (owner) and the optionee (tenant) take care to be clear about exactly what they intend with the option. “I’ll rent your house now, and I get a chance to buy it later on,” isn’t quite enough.
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