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Tony’s Video Tells All

Supply of O.C. homes for sale hits 2011 low

“Orange County house shoppers are fleeing the market as the latest home inventory report from local broker Steve Thomas of ReportsOnHousing.com — data as of October 27 — estimates that the local market’s speed quickened 0.1% in the past two weeks and quickened 19.1% in a year.”

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304,000 Californians settle for part-time jobs

“One of the trends during this economic downturn is that so many people are working part-time who would rather have full-time jobs.”

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Monday Morning Cup of Coffee

“While the Obama administration may be pondering the idea of helping underwater homeowners through principal write-downs, Federal Housing Finance Agency Director Edward DeMarco said there is no current consideration for principal write-downs on underwater home loans.”

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Must tenants let landlord install equipment on their balcony?

“Question: I rent an apartment in a large multistory building. There is a long balcony on my side of the building. Management sent me a letter telling me they wanted to install telecom and antenna equipment on this balcony so the local phone company can improve Wi-Fi reception in our area.”

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California state housing agency reverses on foreclosures

“A state-run housing agency at least temporarily has suspended the practice of foreclosing on a small number of borrowers who rented out their homes.”

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Home prices heading for triple-dip

‚ÄúNEW YORK (CNNMoney) — The besieged housing market has even further to fall before home prices really hit rock bottom.‚Äù

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Builders May Be Hitting a Bottom

‚ÄúResults from some of the nation’s largest home builders seem to indicate that the industry may be hitting a bottom, although an upturn remains elusive.‚Äù

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Fannie, Freddie Bailout Costs Revised Lower

‚ÄúA federal regulator on Thursday revised down the U.S. government’s likely tab for bailing out Fannie Mae and Freddie Mac as the mortgage-finance giants begin to repay more money to taxpayers.‚Äù

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In Real Estate, Simple Wins

“CHICAGO (MarketWatch) — Mortgage rates are near historical lows, but the rates lenders are quoting you aren’t as eye-popping as those you see in the news.”

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Why you can’t get the lowest mortgage rates

“CHICAGO (MarketWatch) — Mortgage rates are near historical lows, but the rates lenders are quoting you aren’t as eye-popping as those you see in the news.”

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