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Mapping-patent backers settle with one agent Premium Content

By Inman News, Thursday, July 10, 2008.

Real Estate Alliance Ltd., a company that sells licenses to an electronic mapping technology, and the inventor announced Thursday that a Manhattan Beach, Calif., real estate agent -- one of 34 defendants in an ongoing patent dispute case filed in California -- has settled for undisclosed terms.  more...

Put lawn upkeep on autopilot

By Paul Bianchina, Thursday, July 10, 2008.

Everyone loves a nice-looking yard, but dragging those hoses and sprinklers around to keep everything watered can be a real chore -- especially when you add in the different watering cycles required by some communities and the adjustments that are often necessitated by seasonal weather changes.  more...

Trulia raises $15 million

By Inman News, Thursday, July 10, 2008.

Trulia receives another capital infusion
Residential real estate search engine Trulia on Thursday announced it has secured an additional $15 million in funding, and has raised a total of $33 million in venture capital.  more...

Too much exposure can be a bad thing Premium Content

By Bernice Ross, Thursday, July 10, 2008.

Are you marketing your listings with just one picture or are you marketing with 20 or more? Is it possible that too many pictures online is preventing buyers from looking at your property?

The research is clear that having only a single photo of your listings online causes Web visitors to search elsewhere. The challenge is how much is enough and how much is too much? A new study from Point2 Agent suggests that the more pictures you have the better it is.  more...

BofA: Expect large home-price declines

By Inman News, Thursday, July 10, 2008.

BofA sees additional 15% drop in real estate prices
Bank of America expects home prices will fall an additional 15 percent nationwide and 20 percent in California, Chief Executive Officer Ken Lewis said in an interview with the Los Angeles Times.  more...

Can you name that price? Premium Content

By Inman News, Thursday, July 10, 2008.

ZipRealty offers Realius price game  more...

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Investors fear bailout of Fannie, Freddie Premium Content

By Inman News, Thursday, July 10, 2008.

Shares of Fannie Mae and Freddie Mac hit 17-year lows today as investors' fears about the companies' ability to raise additional capital fueled speculation of the possibility of a government bailout.

The government-chartered companies -- which purchase mortgages and securitize and sell pools of loans to investors with guarantees on their performance -- are adequately capitalized, federal officials insist.  more...