The National Association of Realtors expects the median price of U.S. resale homes to drop 1.2 percent this year, following a 1.4 percent decline in 2007, with sales of resale homes slipping for the third consecutive year.
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Would you welcome a complete stranger into your home or get into a car alone with someone you had just met? For Realtors® and other real estate professionals, these are everyday occurrences. Every job that requires interaction with the public involves some risk, which is why the National Association of Realtors® is reaching out to its 1.3 million members next week as part of its fifth annual REALTOR® Safety Week.
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NAR believes the parameters issued yesterday in the guidance of commercial real estate lending, designed to help prevent imprudent commercial real estate lending, are overly prescriptive causing many banks, particularly smaller, regional banks, to be dissuaded from making sound commercial real estate lending decisions.
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The resale value of many remodeling projects has not kept pace with the costs of those projects, according to Realtors and remodelers who recently participated in Remodeling magazine's 2006 "Cost vs. Value Report."Â
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