Archive for January, 2013


Earn a Reward Equal to Your National Dues from Your Credit Union

NAR PULSE—There is still time to learn how the Three Rs of Banking can equal $120 for you. Simply start a relationship with REALTORS® Federal Credit Union, a Division of Northwest Federal Credit Union, use their checking and online banking services and the amount of your 2013 NATIONAL ASSOCIATION OF REALTORS® membership dues could be […]

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Veteran to head Realtors association

The Santa Clara County Association of Realtors on Friday announced industry veteran Carl San Miguel is its 2013 president. San Miguel is the broker and owner of Highland Properties in Campbell, a company he founded in 1972. ÊHe is involved in the sale of residential and commercial real estate, property management and loan services. This […]

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Gary Thomas, National Association of Realtors President, Swears That He is Broke

The National Association of Realtors president, who resides in Mission Viejo, is denying allegations he and his two sons fraudulently pulled nearly $580,000 out of their South County real estate company before seeking bankruptcy protection. “Exhibit A,” as far as Gary Thomas is concerned, would be his having lost his Coto de Caza home in […]

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Gary Thomas, National Association of Realtors President, Swears That He is Broke

The National Association of Realtors president, who resides in Mission Viejo, is denying allegations he and his two sons fraudulently pulled nearly $580,000 out of their South County real estate company before seeking bankruptcy protection. “Exhibit A,” as far as Gary Thomas is concerned, would be his having lost his Coto de Caza home in […]

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Dollar rises after mixed US economic data

NEW YORK (AP) — The dollar rose against most major currencies Monday after US housing and manufacturing data painted a mixed pictured of the economy. The National Association of Realtors said that its index for pending home sales dropped 4.3 percent in December from November to 101.7. The Commerce Department said that overall orders for […]

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Multiple listing service clash goes to court

ALBANY — Capital Region real estate agents are in jeopardy of losing their most important marketing tool. Two area real estate associations are fighting over the future of the Capital Region Multiple Listing Service, the massive private database that agents use to list properties for sale such as homes and commercial buildings. Although much of […]

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Builder ETFs Slip After Pending Home Sales Miss

Fed Keeps Stimulus Amid Signs of Weak EconomyCNBC The Federal Reserve said Wednesday it will maintain its asset buying at $85 billion a month and stick to its commitment …

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Will housing pull us out of recession again? Bull run on stocks making it look …

Joe Harbert By Orlando Lee Rodriguez With US stocks collectively in the midst of their largest Bull Run since 2007, the focus of media attention has been on how far past record highs can the Dow Jones Industrial Average (DJI) and the SP 500 (INX) go this year. Friday, the SP closed above 1500 points […]

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Pending Home Sales Fall Due to Dwindling Supply

Signed contracts to buy existing homes fell 4.3 percent in December from the previous month, according to a monthly index from the National Association of Realtors. That missed analysts’ expectations of a one A model home sits for sale in Carlsbad, California. REUTERS/Mike Blakepercent gain. The index is 6.9 percent higher than December of 2011. […]

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Fake Complaint Site Now Dormant

It didn’t take long once the pressure was on to shut down Realtor-complaints.com. The Web site was misusing the REALTOR® trademark, posting false complaints about real estate practitioners, and demanding money to have the complaints removed from the site. On Jan. 10, I wrote a post about the site and more than two dozen readers […]

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