Treasury Department Offers Helpful Advice for Homeowners

RISMEDIA, July 19, 2007??”(MCT)??”Want to save on your tax bill? Lori Decker, director of Frederick County's Treasury Department, has some tips.The treasury department sent out about 90,000 annual property tax bills this month for fiscal year 2008. The bills include state, county and municipal taxes, special taxing district fees ...

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Seeing The Light: Realogy Cutting Newspaper Advertising Spending Drastically

They have seen the light! What agents and brokers have know for the last couple of years the big boys at corporate have finally figured out. Newspapers no longer work for home sales advertising. Almost every agent and broker I have talked to about advertising in newspapers has said the same, but the prevailing mentality [...]

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Redfin Rolls in the Cash

So Redfin’s roadtrip paid off big time.They just closed a $12 Million series C round led by Draper Fisher Jurvetson, giving them close to $20 Million is total financing to date. Techcrunch reports the company is gearing up for war. Marlow Harris at 360Digest and Greg at BloodhoundBlog, on the other hand, posit the investment [...]

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Regional Spotlight: Going, Going Virtual

RISMEDIA, July 19, 2007??”(MCT)??”Radha Herring is starting a new real estate company on the Grand Strand -- with no office. Watermark Real Estate Group will be virtual -- with agents connected by computer and PDA, no matter where they are.It's just one example of how technology continues to transform ...

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Some Florida property insurers reverse plans to offer lower prices

A dozen Florida property insurers are sharply reversing plans to offer homeowners lower prices.

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JPMorgan profit hurt by home equity loans (Reuters)

The JPMorgan Chase headquarters in a file photo. JPMorgan Chase said on Wednesday it tripled the amount set aside for loan losses as even borrowers with good credit defaulted on home equity loans, hurting the bank's quarterly profit. (Peter Morgan/Reuters)Reuters - JPMorgan Chase & Co. said on Wednesday it tripled the amount set aside for loan losses as even borrowers with good credit defaulted on home equity loans, hurting the bank's quarterly profit.


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Dollar at all-time low agains euro (FT.com)

FT.com - The US dollar fell on Wednesday as expectations of moderating US inflation, a sluggish housing market and moderate growth prospects revived the possibility of interest rate cuts later in the year.

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Notable Date: Legal Drinking Age Signed 23 Years Ago, Saves Nearly 1,000 Lives a Year

RISMEDIA, July 19, 2007??”At least 23,000 people are alive today because the 21 Minimum Legal Drinking Age (MLDA) was signed Share This With a Friend

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Istanbul’s Commercial Market Attracts Foreign Investors

Property here is showing up on more shopping lists despite political tensions and rising Turkish interest rates.

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Investors Left Holding the Bag In a Land Project Gone Wrong

A failed development near Penland, N.C. shows how much the freewheeling loan climate has infused real-estate deals targeted at well-off borrowers with healthy credit records.

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