By Inman News, Wednesday, November 9, 2005. Home sales in the Greater Montreal area increased 4 percent in October from a year ago, while average home prices posted even larger gains, according to statistics released by the Greater Montreal Real Estate Board. A total of 3,836 sales were recorded on the S.I.A./MLS network in October, up 4 percent compared with the 3,676 sales recorded for the same month last year. Since the beginning of the year, 42,596 properties have changed hands, a 2 percent increase compared to the same period in 2004. more...
By Dave Myers, Wednesday, November 9, 2005. DIAMOND BAR, Calif.--A brand-new real estate licensee who ended a decade-long stint in the military last month out of fear he might make a widow out of his wife and four children remained in critical condition late Tuesday, after being shot in the back while prospecting for listings near his own home in suburban Los Angeles. The shooting of Eric Russell Hinks, 29, has left his family and friends struggling for answers. more...
By Inman News, Wednesday, November 9, 2005. Overall mortgage applications increased 2.3 percent last week on a seasonally adjusted basis from the week before, according to the Mortgage Bankers Association's latest survey. The seasonally adjusted purchase index increased by 6.4 percent to 465.7 from 437.6 the previous week, whereas the refinance index decreased by 3.4 percent to 1,798.8 from 1,862.8 one week earlier. more...
By Inman News, Wednesday, November 9, 2005. Voyager, a provider of listing management software and custom MLS servers, among other things, has jumped on the mapping bandwagon, integrating its software with Google Mapping, the company said. The company has licensed Google's mapping technology and incorporated it into Voyager's existing listing management software for Century 21 First Place Realty of Austin, Texas. The integration is part of the rollout of Generation 7 of Voyager's listing management software and marketing system now integrated with Google Mapping, video virtual tours, 360 video and support for rec more...
By Inman News, Wednesday, November 9, 2005. Long-term mortgage interest rates dipped Tuesday, and the benchmark 10-year Treasury bond yield slipped to 4.56 percent. The 30-year fixed-rate average sank to 5.89 percent, and the 15-year fixed-rate was down at 5.48 percent. The 1-year adjustable was up at 4.49 percent. The 30-year Treasury bond yield decreased to 4.76 percent. Rates are current as of 7:15 p.m. Eastern Standard Time. more...
By Janis Mara, Wednesday, November 9, 2005. Editor's note: Real estate agents are depending more and more on mobile technology, with many devices and services offering much more than the ability to make a phone call or write an e-mail while out in the field. Agents today can pull up home listings data, store reams of information and even create a listing using a mobile device. In this three-part series, we uncovered new innovation in mobile technologies and services for the real estate industry, as well as new real estate uses for devices that have been around for awhile. more...
By Tom Kelly, Wednesday, November 9, 2005.
Are you still steaming because an inaccurate credit report has sent your FICO score spiraling downward, causing major problems with your efforts to refinance your home? Join the club. A few months ago, we became victims of credit-card fraud. Some clown got access to our account and charged thousands of dollars of computer equipment on our card, via telephone, at a popular outlet in the San Francisco Bay area. We discovered the bogus charges after we had returned from a short vacation and quickly informed the bank that issued our card. more...
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