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Full-service vs. limited-service debate heats up Premium Content

By Glenn Roberts Jr., Friday, November 5, 2004.

ORLANDO, Fla.–There is some unsettled business between full-service brokerages and limited-service brokerages. The various sides don't always see things the same way, and getting all sides to cooperate in the traditional ways can be impossible or at least more complicated in some cases.  more...

Oxley calls for government examination of online listings

By Inman News, Friday, November 5, 2004.

The chairman of the House Financial Services Committee has requested the federal government study the restrictions placed on Multiple Listing Services and their impact on home buyers.

In a Thursday letter, chairman Michael Oxley (R-Ohio) formally requested the General Accounting Office assess and report on four main areas: how the residential real estate transaction is evolving as a result of electronic commerce; any barriers to greater use of electronic commerce in resi  more...

Job gains hike real estate rates

By Lou Barnes, Friday, November 5, 2004.

When it comes to interest rates, it's the economy, stupid – not that other thing. Rates bumped up briefly on Wednesday (apparently in relief that we did not have a replay of the '00 non-decision), but are up for real today, looking as though they will stay up and are at immediate risk to go higher.

It could be worse: damage from early-morning word of 337,000 new jobs in October was limited because many jobs were temporary, or not tied to economic acceleration.  more...

Hot real estate market will carry into '05

By Inman News, Friday, November 5, 2004.

Home sales momentum will continue through the remainder of 2004 and into next year, the National Association of Realtors forecast today at its annual conference and expo in Orlando, Fla.

Existing-home sales are projected to rise 7.3 percent this year to 6.55 million compared with the previous record of 6.1 million in 2003, according to NAR. The group also expects 6.3 million existing-home sales in 2005, which would be the second highest on record. New-home sales this year will surpass the previous record of 1.09 million in 2003 with sales rising 7.7 percent to 1.17 million.  more...

Time tips help the real estate day fly by Premium Content

By Bernice Ross, Friday, November 5, 2004.

(This is a Part 4 of a four-part series.  more...

Tech guru shaped home listings site Premium Content

By Glenn Roberts Jr., Friday, November 5, 2004.

Editor's note: The National Association of Realtors' backbone consists of industry movers and shakers -- some of whom are paid staff and others volunteers -- who help keep the organization pointed in the right direction and striving to meet its goals. This special five-part series takes a look at some noteworthy figures within the trade group.  more...

New measure of real estate market debuts next year

By Inman News, Friday, November 5, 2004.

A new measure of the housing market, reflecting the current level of existing-home sales based on real estate contracts, will be launched next year, the National Association of Realtors announced today at its annual conference and expo.

The Pending Home Sales Index will be released during the first week of each month and will be an accurate predictor for the existing-home sales figures reported for that month, said David Lereah, NAR's chief economist.  more...

Minority groups build clout in real estate Premium Content

By Glenn Roberts Jr., Friday, November 5, 2004.

ORLANDO, Fla.–Immigration and the growth of minority groups have helped the nation to weather economic recession.  more...

Control is key in real estate partnerships Premium Content

By Samantha Peterson, Friday, November 5, 2004.

Ed Krafchow hates to think of himself as a control freak, but he doesn't like real estate partnerships that aren't split evenly between the two companies involved.  more...

Real estate auctioneers take TV show by storm

By Julie Brosterman, Friday, November 5, 2004.

Several months ago, I mentioned in this column that my husband and I had been called for a potential role in the Fox TV show, "The Complex." We were just on the verge of our own remodeling project, so the idea of packing up and moving (again) seemed completely unappealing although several of our nearest and dearest insisted that "we'd be perfect."

No sooner had I passed, did I come to find out that the show was to be set in Malibu. How's that for a blown opportunity? Eight weeks out at the beach.  more...

Fidelity releases update to MLS platform

By Inman News, Friday, November 5, 2004.

Fidelity National Financial's real estate solutions division has released an update to Paragon v.3.0, a Web-based multiple listing service platform for real estate properties.

The update includes enhancements to several features in the Paragon system, including the multi-class property search, the tax module and the IDX smart framing feature.  more...

A la mode partners with iHomefinder

By Inman News, Friday, November 5, 2004.

A la mode and iHomefinder today announced an agreement that will let users of a la mode's Agent XSites implement iHomefinders' tool for displaying MLS active listings on their personal Web sites.

With iHomefinder's IDX solution, an agent's clients can search for current active listings and can also request e-mail notification when new listings meeting their search settings are available.  more...

Fidelity develops Web tools for real estate agents

By Inman News, Friday, November 5, 2004.

Fidelity National Financial reported Thursday that its Real Estate Solutions Division has implemented a fully integrated suite of Web-based tools developed for agents and brokers.

The suite includes Fidelity's BrokerOffice and AgentOffice systems, which aim to help agents and brokers establish an online presence and take advantage of Internet-based leads and business opportunities.  more...

Popular real estate agent found murdered

By Inman News, Friday, November 5, 2004.

An autopsy has revealed that a popular Marion County, Miss., real estate agent died after she was shot in the back of the neck and in the forehead.

Janell Hatton's body was found Sunday about 20 miles from her home in a community north of Columbia, according to local newspaper reports. Hatton, 63, was found buried in a shallow grave inside a dilapidated livestock barn.  more...

Overnight real estate rates slide

By Inman News, Friday, November 5, 2004.

Long-term mortgage interest rates were lower Thursday, and the benchmark 10-year Treasury bond yield held at 4.07 percent.

The 30-year fixed-rate average dipped to 5.28 percent, and the 15-year fixed-rate slipped to 4.69 percent. The 1-year adjustable was down at 3.21 percent.

The 30-year Treasury bond yield decreased to 4.81 percent.

Rates are current as of 7:15 p.m. Eastern Standard Time.  more...

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