Mortgage rates keep falling: 30-year nears record

Just when it seemed mortgage rates weren't going to get any lower, they started testing new lows.

Source: http://rss.cnn.com/~r/rss/money_realestate/~3/4w_hKptYtT0/index.htm

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New-home sales dip in July

New-home sales fell once again in July, the third straight month of declining sales for hard-pressed home builders.

Source: http://rss.cnn.com/~r/rss/money_realestate/~3/lttWeE_Na8I/index.htm

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Property Values: Real Estate for $850,000

A waterfront house on the Puget Sound; a house in Honolulu overlooking the Pacific; and a Victorian in Savannah, Ga.

Source: http://feeds.nytimes.com/click.phdo?i=c9a01dfbb8763b68e704528f1518c804

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Foreclosures fall for 10th straight month

Foreclosure filings dropped once again in July, hitting their lowest level since November 2007, as processing delays and foreclosure prevention measures enabled a larger number of delinquent borrowers to remain in their homes.

Source: http://rss.cnn.com/~r/rss/money_realestate/~3/G0bZuJiEn1o/index.htm

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Slideshow: Renderings of Twin Cities developments

Architectural renderings can be powerful. They can help a developer convince a tenant to sign a lease. They can inspire a large benefactor to make a contribution. And they can anger a neighborhood group or inspire competition. When you see a lot of renderings in one place, it also can also give you hope that the building and development pipeline is starting to get filled. On a walk through the IDS Center Crystal Court on Nicollet Mall on Monday, I was pleased to run across the exhibit that consultant Peter Bruce puts together every year...

Source: http://feeds.bizjournals.com/~r/twincities_blog_realestate/~3/zcQZT5qMZFo/exhibit-at-ids-shows-new-developments.html

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Investors plant legal trap to halt $8.5 billion MBS settlement

Investors in soured Countrywide mortgage-backed securities used a legal trap Friday to block a controversial $8.5 billion MBS settlement between The Bank of New York Mellon and Bank of America (BAC: 7.76 +1.44%).
The plaintiff in the case, Walnut Place, represents investors in Countrywide MBS who are trying to block Bank of New York Mellon ? [...]

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Source: http://feedproxy.google.com/~r/housingwire/uOVI/~3/DXYKKMpXg2U/investors-plant-legal-trap-to-halt-8-5-billion-mbs-settlement

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The Bicycle Muscles In

Bicycle ridership in New York City has boomed in recent years, and many buildings are adding or promoting bike rooms.

Source: http://feeds.nytimes.com/click.phdo?i=c41c64ad8627bd6db78efed33e3a39a9

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