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Latest Real Estate News
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A New Local Real Estate Transfer Tax ??
Among a home's closing costs in New Jersey is a state
tax called the Realty Transfer Fee. The tax amount owed
is based on the price you are receiving for your home or
real estateSince 2003, the New Jersey Legislature and Governor
have increased this tax by 80% and now they want...
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Hawaii Witnesses Less Foreclosure Activities In
July
In the times when the entire nation is witnessing shockingly
high foreclosure activities, Hawaii is reported to have
the lowest foreclosure activities in the month of July.
According to the recent reports submitted by RealtyTrac,
Hawaii had about 85 foreclosures in the previous month.
It means that out of every 5777 houses, one was at default.
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American home foreclosures leap 93% in a year
"RealtyTrac, an online marketplace for repossessed properties,
showed US home foreclosures jumped 9% in July from June,
and 93% on a year ago. The number of default notices and
bank repossessions totalled 179,599. Across the US, there
is now a foreclosure of one in every 693 homes."
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Surge in US home repossessions
The number of home repossessions in the US soared in
July, figures suggest, underlining the woes facing the sector.
There was a 93% jump in filings for repossessions on the
same month a year ago, and a 9% rise on June's figure, property
firm RealtyTrac said.
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Tennessee Foreclosures On the Rise
Tennessee had a 5.29 percent rise in foreclosures from
June to July, according to RealtyTrac's July 2007 U.S. Foreclosure
Market Report.
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Foreclosure rates decline in some areas
The storm of foreclosure is flooding the entire country.
Still, there are some places where the rate of foreclosures
has declined even though the countrywide rate is increasing.
A fresh report by RealtyTrac names some areas where the
rate of foreclosures has fallen compared to that in the
last year.
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Start Of A Storm: Foreclosures Up 93% On Last
Year.
79,599 foreclosure filings were reported during July,
up from 92,845 in the year-ago month, according to Irvine-based
RealtyTrac Inc. "While 43 states experienced year-over increase
in foreclosure activity, just five states—California,
Florida, Michigan, Ohio and Georgia—accounted for more
than half of the nation's total foreclosure filings."
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Research says mini-metros will witness real estate
boom
A study by realty consultants, Knight Frank on ‘Emerging
Centres’ revealed that the realty is on an upswing in
smaller cities like Pune due to factors like consistent
and sustaining GDP growth, the expanding service sector,
rising purchasing power and changing government policies.
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Jacksonville Foreclosures
Foreclosure properties particularly residential properties
are the best buy as is being advised by the pundits and
gurus of realty business nationwide. More so at a time when
the national index of or realty business is dipping south
and Jacksonville foreclosures is no exception.
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3 Cities Badly Hit By US Foreclosure Activities
The most prominent state Washington is witnessing the
highest foreclosure listings. According to the recent report
released by RealtyTrac, during the initial six months of
the year 2007, the automobile capital has seen a drastic
rise in the foreclosure rate that has badly hit the economy
of the nation. There are three cities namely Stockton, Detroi
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Bakersfield Is Witnessing Excessively High Foreclosure
Activities
Bakersfield is having one of the highest cases of foreclosure
activities. It has surpassed the average rate of foreclosure
of the entire nation. It is one of the top 10 United States
that are witnessing foreclosure listings at a shockingly
high rate. According to the latest news report by RealtyTrac,
one out of every 47 houses is being auctioned du
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Vornado Realty Helps Merrill Lynch Find New Headquarters
Merrill Lynch is considering relocating is headquarters
in New York from Lower Manhattan to Midtown. Apparently
a deal is already underway with Vornado Realty Trust for
a site near Madison Square Garden. An IntellectSpace Knowledge
Map of the ties between Merrill Lynch and Vornado, reveals
a few connections that may become useful in aiding the move
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We Help-U-Buy Realty - Real Estate Commission
Rebates
Profile of small business, We Help-U-Buy Realty. Get
a rebate when you purchase a home. In a typical real estate
transaction, the buyer's agent receives a 3% commission.
When you purchase a home through We Help-U-Buy, we keep
the first 1% of the commission and give the remainder back
to the client.
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Part IPO proceeds to be used for realty: MOSL
Motilal Oswal, CMD, Motilal Oswal Securities, or MOSL,
is going to tap the capital market the proceeds of which
will be used for real estate investment and to fund its
NBFC financing. He does not see much volatility in the Indian
market in the short-term. Oswal is planning to expand the
company's current strength. It has 24,0000 customers in
1,200
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How to Avoid Mortgage Foreclosure Scam
Are you facing problems with mortgage payments? Is your
house slipping away from your hands? According to the data
from RealtyTrac, more than one million homeowners have faced
foreclosure this year, 27% more than this time last year.
The following basic tips will help you to avoid mortgage
foreclosure scam before it happens...
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Land for Sale in India
One of the top realty consultants in India is offering
full range of services for sales, purchase and leasing of
commercial, industrial and residential properties. They
locate comparatively cheap, undeveloped land for sale, spread
across key investment destinations in India.
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Where to Find Pre Foreclosures by Motivated Sellers
in Your Area
There is an under utilized real estate gold mine on
eBay's Realty Blog. This blog is designed for desperate
and motivated sellers. In most cases these deals are pre-foreclosures.
Ebay and Google's Blogger have formed a union for sellers
who want to sell ASAP.
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Foreclosures The True Face Of Realty In Albany
Real estate industry is growing drastically and so are
the foreclosure fillings. As per the fresh statistics in
the first half of the year home foreclosure filings augmented
in the Capital Region though the filings statewide have
receded.
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Turtle Creek Real Estate
Search Turtle Creek Real Estate by VIP Realty. You'll
have have access to the hottest and newest listing with
our free MLS search tool. View thousands of properties for
sale or lease.
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Las Colinas Real Estate
Search Las Colinas Real Estate by VIP Realty. You'll
have have access to the hottest and newest listing with
our free MLS search tool. View thousands of properties for
sale or lease.
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Valley Ranch Real Estate
Search Valley Ranch Real Estate by VIP Realty. You'll
have have access to the hottest and newest listing with
our free MLS search tool. View thousands of properties for
sale or lease.
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Coppell Real Estate
Search Coppell Real Estate by VIP Realty. You'll have
have access to the hottest and newest listing with our free
MLS search tool. View thousands of properties for sale or
lease.
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Dallas Real Estate Blog
Dallas real estate blog by VIP Realty. Search all Dallas
homes for sale and keep up to date with the North Texas
real estate market.
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Realty giant Parsvnath to invest USD 4 billion
Premier realty firm Parsvnath Developers Ltd is set
to develop their existing land bank over the next five years
by investing over USD 4 billion. Launching over 100 real
estate projects in all its segments, they aim at developing
their saleable land bank of 153 million sq feet.
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Real Estate boom to continue in 07
According to ASSOCHAM, the real estate boom of 2006
is set to multiply itself in 2007. According to estimates
made by The Associated Chambers of Commerce and Industry
in India, overseas real estate giants such as Royal Indian
Raj International, Blackstone Group, Goldman Sachs, Emmar
Properties, Pegasus Realty etc are likely to bring in collective
c
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Real Estate Archive:
Real Estate News September
2007
Real
Estate News August 2007
Real
Estate News July 2007
Real
Estate News June 2007
Real
Estate News May 2007
Real
Estate News April 2007
Real
Estate News March 2007
Real
Estate News February 2007
Real
Estate News January 2007
Real
Estate News December 2006
Real
Estate News October / November 2006
Real
Estate News September 2006
Real
Estate News August 2006
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