U.S. Mortgage Applications up 6.3% This Week

Based on the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending September 9, 2011, mortgage applications increased 6.3 percent from one week earlier. This week’s results include an adjustment to account for the Labor Day holiday. The Mar
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Meridian Trades DC Area Office Tower for $150 Million

The Meridian Group sold a 17-story, 368,400-square-foot office building in the Washington, DC, suburbs to Brookfield Office Properties Inc. (NYSE: BPO) for $ 150.1 million or $ 407 per square foot. Built in 1985, the Class A property known as Three Bethesda Metro Center is 8 miles nor
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Learning Real Estate Consulting

With the guidance of real estate consulting, you’ll learn how to maximize your profits by investing in foreclosures and short sales. Most individuals look at the current state of the real estate market and see nothing but a black hole. But, you’ll learn that investing in t
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Association Management: Why Is a Reserve Fund Important?

An association will often set up a reserve fund to be prepared for future expenses. While this is a good management approach, many HOA’s are finding their optimistic view toward this fund to be problematic. The economy has directly affected every person involved in the home mark
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Hotel Values Catching Up to Replacement Cost

The values at which hotels have been changing hands is now approaching the assets’ replacement costs. National Real Estate Investor
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IMF’s Lagarde: report of $273.2 billion bank hole misleading (Reuters)

Reuters – IMF chief Christine Lagarde said on Saturday that reports of a draft IMF document showing a $ 273.2 billlion shortfall in European banks’ capital were misleading and the lender was still finalising its study. Yahoo! News: Business News
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CoStar’s People of Note (Sept. 4-10)

This week’s People of Note includes the following markets Chicago, Greenville/Spartanburg, Houston, New York City and Sacramento. ORANGE COUNTY, LOS ANGELES Colliers Recruits The Baziak Team to OC and Downtown L.A. Mark Baziak, left, and his top producing retail group moved to C
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Stocks primed for more volatility (Reuters)

Reuters – Investors will grapple with more turbulence surrounding Europe’s deepening debt problems this week and the prospect of another round of dismal data on the faltering U.S. economy. Yahoo! News: Business News
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Multiple Rental Offer Situations: Is Engagement The Same As Marriage?

As your heart races, your memory of getting down on one knee the night before is fading fast. Is it too late to run a reverse and go after Miss Blue? Engagement isn’t legally binding, is it? It’s a very interesting conundrum! That is the same question that faces property m
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Condominium Association Manager: Tips for Ensuring Quality Service

Any board running a condominium property has a multitude of difficult decisions, including acquiring the right supervision for the community. An association must provide the proper balance of services and support to keep a neighborhood running efficiently. Deciding on a manager to han
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