Real Estate News Archive


FNIS Buys Comstock

Saturday, June 29th, 2002
Fidelity National Information Solutions, Inc., a comprehensive source for real estate-related data, technology solutions and services, has entered into a definitive agreement to acquire Comstock Net Services, Inc., a provider of state of the art technology to real estate professionals.
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Graham & Boles Wins RELO Award

Saturday, June 29th, 2002
For the third consecutive year, Graham & Boles Properties has been presented the prestigious Crown of Excellence award at RELO?s annual conference held recently at the Loews Miami Beach Hotel.
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Lenders Laud Closing Costs Reforms

Saturday, June 29th, 2002
Mortgage Bankers Association of America (MBA) pledged to work with HUD to help develop and implement mortgage reform to ensure that consumers are better protected and informed in the mortgage transaction process.
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Record for Online Home Price Gap

Saturday, June 29th, 2002
The gap in May, 2002 between what online home sellers hoped to yield and what Internet home buyers wished to pay was the second highest reported since HomeGain began releasing its monthly Online Real Estate Consumer Trends Report in September of 2001.
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AHS, Arch Insurance Team

Saturday, June 29th, 2002
American Home Shield (AHS), one of the nation?s leading providers of real estate risk management services and a subsidiary of The ServiceMaster Company, has chosen Arch Insurance Group (Arch) as the new insurance carrier for its Errors & Omissions (E&O) Liability Program, replacing Fireman?s Fund.
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Mortgage Rates Take Another Dip

Saturday, June 29th, 2002
Mortgage rates fell for the fourth straight week in the Bankrate.com national survey of large lenders. Rates on the benchmark 30-year fixed mortgage fell 3 basis points to 6.57%, with rates on the 15-year fixed and one-year adjustable declining by similar amounts. A basis point is one-hundredth of a percent.
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Home Insurance Rates on the Rise

Saturday, June 29th, 2002
An extraordinary number of catastrophes, the high cost of home repairs and excessive jury awards due to the emergence of mold claims are pushing the cost of home owners insurance upward -- an average of 8% nationwide in 2002 and a projected 9% in 2003, according to a new report by the Insurance Information Institute (I.I.I.).
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ERA Hosts MDA Benefit

Saturday, June 29th, 2002
Sales associates attending the ERA Beyond Excellence Conference in Bermuda, July 28-31, will help raise funds for the Muscular Dystrophy Association during a silent auction, which will feature a variety of travel and leisure products.
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ImproveNet Liquidates

Saturday, June 29th, 2002
ImproveNet Inc., will begin the process of liquidating certain assets while it continues to review strategic alternatives.
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Existing-Home Sales Near Historic Highs

Saturday, June 29th, 2002
Existing single-family home sales were essentially unchanged in May and remained at historically high levels, according to the National Association of Realtors.
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