Boston Real Estate Appraisal

A mortgage industry alliance, under pressure to show progress in its efforts to aid troubled borrowers, says lenders gave a record amount of assistance to homeowners last month.

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Tags: News by bomber
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feeds.cbsnews.com had an interesting post today.
Read this summary….

While the downturn in the real estate market has likely taken its toll on your home’s value, it is unlikely that your tax assessment has gone down. But there is hope…

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Tags: MarketWatch by bomber
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Bear Stearns stockholders approved JPMorgan Chase’s $2.2 billion buyout of the investment bank, which faltered due to the subprime mortgage crisis.

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Tags: Business by bomber
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This morning I saw a post that may be of interest.

Bear Stearns shareholders OK’d JPMorgan’s $2.2B buyout of the investment bank whose wagers on subprime mortgages made it the largest corporate casualty of the credit crisis.

Check out the rest of this story here.

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WHDH wrote an interesting post today on feeds.cbsnews.com.
The first paragraph is here:

The U.S. economy plodded ahead at a 0.9 percent pace in the first quarter - slightly better than first estimated - but still underscoring caution on the part of consumers and businesses walloped by housing, credit and financial problems.

More here…

Tags: Business by bomber
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I saw an interesting post today on www.msnbc.msn.com.
Here’s a snippet:

Here are four issues that must be resolved before housing can stop being a drain on our economy.

More details…

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Sales of new single-family homes rose 3.3 percent in April to a seasonally adjusted annual rate of 526,000, according to data released this morning by the U.S. Commerce Department. This is 42.0 percent below the estimate of 907,000 from April of last year. The median sale price of a new home increased 1.5 percent from $242,500 in April 2007 to $246,100 last month. There were 456,000 new homes available for sale at the end of April, which represents a 10.6-month supply at the current sales rate, down from the 11.1-month supply in March, but up from a 7.4-month supply last year.
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Lots more here.

Tags: Real Estate News, Real Estate Trends and Statistics by bomber
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I came across an interesting post today on www.msnbc.msn.com.
The first few lines are here:

The Justice Department gave online real estate brokers — and potentially their clients — a boost Tuesday by forcing a new industry policy opening access to home listings the agents were previously denied.

Visit the blog to keep reading…

Tags: News by bomber
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www.msnbc.msn.com did a good write-up today.
Here’s a quick excerpt:

Sales of new homes rose in April for the first time in six months although the unexpected increase still left activity near the lowest level in 17 years.

Read the full post here.

Tags: News by bomber
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feeds.cbsnews.com had a good post today.
The first paragraph….

While U.S. home prices dropped at the sharpest rate in two decades during the first quarter, according to a closely watched index, the Commerce Department reported that sales of new homes rose in April for the first time in six months.

To read more, visit the blog…

Tags: Real Estate by bomber
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