Category Archives: real estate

Results indicate adults are more likely to purchase a distressed property, including foreclosures and short sales, following a professional home inspection.

88 percent of respondents say home inspections increase their confidence about the condition of any property. More than four in five adults think foreclosures and short sales can be good deals. 84 percent of respondents say they would be more … Continue reading

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Macy’s New Store for California

CINCINNATI–(BUSINESS WIRE)–Macy’s, Inc. (NYSE:M) today announced plans for three new Macy’s stores, each offering a wide range of merchandise categories. “In each case, we will be tailoring our merchandise assortments of well-known brands to local customer needs, with an emphasis … Continue reading

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St Joe Company Breaks Ground on 105K Sq Foot Building

WATERSOUND, Fla.–(BUSINESS WIRE)–The St. Joe Company (NYSE: JOE) today hosted the groundbreaking ceremony for the ITT Exelis (NYSE: XLS) 105,000 square foot building at VentureCrossings Enterprise Centre. Governor Rick Scott and other elected officials spoke at the event, emphasizing the … Continue reading

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Home Builders Hire John A. Courson

WASHINGTON–(BUSINESS WIRE)–John A. Courson, an established housing industry executive who most recently served as the president and chief executive officer of the Mortgage Bankers Association (MBA), has been tapped to become the new president and chief executive officer of the … Continue reading

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Housing Prices Will Go Up by 2020

MINNEAPOLIS–(BUSINESS WIRE)–FICO’s latest quarterly survey of bank risk professionals offered a decidedly pessimistic outlook, reversing the growing optimism seen in late 2010 and early 2011. The survey, conducted for FICO by the Professional Risk Managers’ International Association (PRMIA), shows that … Continue reading

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