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Advice for the Rookie Realtor

By Inman News, Wednesday, April 21, 2004.

Re: 'Rookie Realtor tired of hot market' (April 19)

Dear Rookie:

Hang in there. While the attitude and feeling of your buyers won't change much, the market always changes.  more...

RE/MAX founder loves real estate adventures Premium Content

By Glenn Roberts Jr., Wednesday, April 21, 2004.

Dave Liniger, the adventurous co-founder of RE/MAX, is always on the move, and he doesn't expect the real estate industry to sit still, either.

 

Liniger, who shared his industry insights during an Inman News conference call Thursday, said the industry can be resistant to change but it is not immune to change. He should know.  more...

ProLogis inks three leases in New Jersey

By Inman News, Wednesday, April 21, 2004.

ProLogis has signed lease agreements totaling 383,464 square feet of distribution space with Trane, MailCon and Christian Casey at ProLogis Park Cranbury in Cranbury, N.J.  more...

Equity Residential lands SoCal multifamily complex

By Inman News, Wednesday, April 21, 2004.

Colliers Seeley International arranged the sale of a class A, 294-unit garden-style apartment community in Valencia, Calif.  more...

Vacancies rise for rental real estate Premium Content

By Inman News, Wednesday, April 21, 2004.

National vacancy rates for rental units in the first quarter increased from a year earlier, while homeowner vacancies remained virtually the same, the Department of Commerce's Census Bureau announced today.

 more...

GMAC Real Estate eyes Denver

By Inman News, Wednesday, April 21, 2004.

GMAC Real Estate, a real estate franchisor with 1,300 offices and 23,000 sales associates, is looking for expansion opportunities in Denver, Colo.  more...

Mutual fund giant ups stake in Homestore

By Inman News, Wednesday, April 21, 2004.

Mutual fund giant Fidelity Management & Research has increased its stake in Homestore to approximately 13.5 million shares, or 11 percent, according to FindProfit.com, an independent investment service for long- and short-term investors.

 

 more...

Growing economy bumps up mortgage rates Premium Content

By Inman News, Wednesday, April 21, 2004.

Mortgage rates continued their upward trend this week on comments by Federal Reserve Chairman Alan Greenspan that the economy is in a state of "vigorous expansion," according to surveys conducted by mortgage buyer Freddie Mac and Bankrate.

 more...

Economists smile on housing

By Inman News, Wednesday, April 21, 2004.

Economic expansion will not be a double-edged sword for the housing industry, economic analysts agreed Wednesday during a National Association of Home Builders Construction Forecast Conference in Washington, D.C.

 

 more...

Wealthy households power Internet growth

By Inman News, Wednesday, April 21, 2004.

Affluent Americans are the fastest-growing income group online, according to Nielsen/NetRatings, which measures and analyzes Internet audiences.  more...

Down-payment assistance vital to low-income families

By Inman News, Wednesday, April 21, 2004.

A new study of privately funded down-payment assistance programs finds they have become vital for helping low- to moderate-income families become homeowners.

 

The study was conducted b  more...

Central Ohio real estate surges Premium Content

By Inman News, Wednesday, April 21, 2004.

Central Ohio home sales in March jumped 36.5 percent from the same month last year, setting a regional record for that month with 2,156 homes sold, according to the Columbus Board of Realtors Multiple Listing Service.  more...

LandAmerica expands in Virginia

By Inman News, Wednesday, April 21, 2004.

Richmond, Va.-based LandAmerica Financial Group has purchased The Closing Co., a title insurance and settlement services provider serving residential and commercial customers throughout central Virginia and the Shenandoah Valley.

 more...

Mortgage rates climb

By Inman News, Wednesday, April 21, 2004.

Long-term mortgage interest rates were higher Wednesday, and the benchmark 10-year Treasury bond yield climbed to 4.42 percent.

The 30-year fixed-rate average increased to 5.68 percent, and the 15-year fixed-rate rose to 5 percent. The 1-year adjustable was up at 3.18 percent.

The 30-year Treasury bond yield remained at 5.23 percent.

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

Real estate maven makes name in the Big Apple Premium Content

By Glenn Roberts Jr., Wednesday, April 21, 2004.

It's Thursday afternoon in New York City and Esther Muller is riding in a taxi, talking on a cell phone and giving directions to the driver.

 <  more...

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