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Topix.net: Real Estate News
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Jumbo loan rates finally begin to fall
"Consumers need to look at all three of those (loan types) because their particular circumstances may make one or another of those options the better option for them" Higher loan limits, set by the federal government as part of an economic stimulus package early this year, were supposed to make jumbo loans more affordable in expensive housing markets. via Bank Rate
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"We are hoping to attract more shoppers. There's no downside, there's only an upside." The mall you see today is not the mall you will see tomorrow, Valle Vista Mall officials said Wednesday. via Valley Morning Star
Sensational accusations fly as SHKP chairman takes his fight to court
The final battle in the long-running Kwok family saga was put on hold yesterday, after Walter Kwok Ping-sheung got a last-minute court injunction preventing the Sun Hung Kai Properties board from voting on his ... via The Standard
FirstService hit by strong dollar, slumping U.S. real estate
"We had solid financial performance this year despite a challenging U.S. and global economy which demonstrated the importance of our diversification across service platforms and international markets" Property services provider FirstService Corp. has reported a 35 per cent increase in quarterly sales but a net loss on the bottom line blamed on the strong Canadian dollar and the slumping U.S. real estate ... via The Globe and Mail
Cicero homeowners shocked at assessments 5/14/08
It's been decades since there was a re-assessment in the town of Cicero. And this year's has many residents fuming. via ClipSyndicate
Area home sales drop
"We have been lucky in southeastern Wisconsin to have avoided most of the price declines seen in other parts of the country." The real estate market continues to be soft in southeastern Wisconsin, according to figures released Monday by the Multiple Listing Service Inc. via Milwaukee Journal-Sentinal
Zilber's Gift: It Is More Than The Money
When it was announced that Milwaukee business and civic leader, Joseph Zilber, was giving $50 million to fund neighborhood initiatives the response, as expected, expressed gratitude and hope. via Paul Soglin
Thornburg expects to report substantial 1Q loss
Thornburg Mortgage says it expects to report a substantial loss for the first quarter of this year. via KDBC
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