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Monthly Archives: August 2009

First-Time Buyer Tax Credit Extension Possible

posted by: Drew Schneider in General

Daily Real Estate News  |  August 24, 2009  |   First-Time Buyer Tax Credit Extension Possible Bills to extend the maximum $8,000 tax credit for first-time

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2nd Quarter Market Trends Exerpts

posted by: Drew Schneider in General

Exerpts from Your Castle Real Estate’s 2nd Quarter Trends Update…– The average home price in July 2009 was a little higher than July 2008. That’s

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Is Social Media a Fad?

posted by: Drew Schneider in General

I don’t think so…watch this.

Engle Homes Closing (?) in Colorado

posted by: Drew Schneider in General

from Denver Business Journal… “Engle Homes Colorado/James Co. of Englewood will stop operating, if its parent company doesn’t find a buyer for the local homebuilder

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If Your Home Equity Line is Cut

posted by: Drew Schneider in General

from MarketWatch.com… “‘Lenders can lawfully reduce or limit a consumer’s line of credit regardless of whether the consumer has made timely payments,” the Federal Reserve

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Pace of U.S. Existing Home Sales Fastest in 2 years

posted by: Drew Schneider in General

By Lucia Mutikani WASHINGTON (Reuters) – Sales of previously owned U.S. homes jumped 7.2 percent in July to mark the fastest pace in nearly two

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Fed, ECB Eye Recovery

posted by: Drew Schneider in General

From Reuters.com… “U.S. Federal Reserve Chairman Ben Bernanke and other central bankers said on Friday the worst global recession in 70 years was nearing a

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What Real Estate Agents Are Saying

posted by: Drew Schneider in General

From Henry Blodget on BusinessInsider.com…(my thoughts are in red) Inside Mortgage Finance sponsored a nationwide survey of 1,556 real-estate agents in mid-June.  The responses are

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6 Reasons Why Some Homes Sell

posted by: Drew Schneider in General

Why do some houses sell and others don’t? There’s no ultimate answer to this question, but Tribune Media Services columnist Ilyce Glink has a theory.

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CO Foreclosure Filings Hit Record High in 2Q

posted by: Drew Schneider in General

Highlights from Associated Press article: – The foreclosure rise was sharpest in Mesa County.– The next highest increase in foreclosure filings came in Broomfield County,

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