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  • Barnes & Noble up on Borders liquidation plan Tuesday, July 19, 2011 @ 10:05AMNEW YORK (MarketWatch) -- Shares of the biggest U.S. bookstore operator Barnes & Noble Inc. rose 2.9% Tuesday, their first gain after three straight declines, a day after its smaller bankrupt rival Borders Group Inc. said it's liquidating and shutting its remaining 399 stores. Analysts said Barnes & Noble will likely pick up some market share from the markets with overlapping bookstores even ...
  • State Street profit rises Tuesday, July 19, 2011 @ 7:05AMNEW YORK (MarketWatch) -- State Street Corp. said on Tuesday that its second-quarter profit rose to $513 million, or $1 a share, compared to $432 million, or 87 cents a share a year ago. Total revenue during the period rose to $2.49 billion, from $2.30 billion. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on ...
  • How to comparison shop for your new home Tuesday, July 19, 2011 @ 5:00AMShopping for a home, but feeling a little lost? Use these tools to help you shop for your new home.
  • This IPO Bears the Mark of Zorro Monday, July 18, 2011 @ 2:35PMA disruptor continues to rattle the real estate realm and investor interest.
  • Eyes Only: He was right about the first recession, so it pays to listen again Monday, July 18, 2011 @ 11:49AMNot many people forecast the sub-prime mortgage crisis and the bursting of the housing bubble. Gary Shilling was one of the few. Schilling was trained as a physicist before embracing a career as an economist. He has served as the chief economist for Merrill Lynch , authored numerous books and is a frequent contributor to the New York Times and the Wall Street Journal. His most noteworthy ...
  • Can Foreclosures Boost Your Business? Monday, July 18, 2011 @ 8:52AMRISMEDIA, July 18, 2011—The National Association of REALTORS® (NAR)’s recent report shows that a typical REALTOR® had eight transactions in 2010. It is no secret that every real estate professional can use more business. Can foreclosures help boost your…
  • RentJuice Rent Index Launched in Chicago Monday, July 18, 2011 @ 8:40AMCHICAGO--(BUSINESS WIRE)--The average cost of renting a home in Chicago is $1410, according to data from the inaugural RentJuice Rent Index in Chicago. The quarterly analysis was today launched by RentJuice, the online platform developed by real estate insiders that connects prospective renters, brokers and property managers to each other in real-time. The RentJuice Rent Index will enable ...
  • RentJuice Rent Index Launched in Boston Monday, July 18, 2011 @ 8:18AMBOSTON--(BUSINESS WIRE)--Nearly four-fifths (79%) of rentals that are currently listed in Boston will not be available until September 1st, according to data from the inaugural RentJuice Rent Index in Boston. The quarterly analysis was today launched by RentJuice, the online platform developed by real estate insiders that connects prospective renters, brokers and property managers to each other ...
  • IPO Watch: Zillow, Skullcandy And Google-backed Xunlei Friday, July 15, 2011 @ 4:51PMSeven IPOs are on tap for next week, ranging from online real estate to video in China to headphones. The ones to watch include Zillow, Xunlei and Skullcandy.
  • IPO Watch: Zillow, Xunlei, Skullcandy Friday, July 15, 2011 @ 4:36PMSeven IPOs are on tap for next week, ranging from online real estate to video in China to headphones. The ones to watch include Zillow, Xunlei and Skullcandy.On the consumer Internet front, online real estate company Zillow just raised the expected price range of its initial public offering to $16 to $18 per share, up from a previous estimate of $12 to $14. Zillow plans to offer 3.462 million ...
  • Seattle-based Zillow raises IPO expected price range Friday, July 15, 2011 @ 9:08AMNEW YORK - Real estate listing and information service Zillow Inc. said Friday it now hopes to raise up to $71.6 million through an initial public offering, up from its original expectation of as much as $51.8 million. In a filing with the Securities and Exchange Commission, the Seattle company said it expects to offer about 3.5 million shares at between $16 and $18 apiece. It's giving ...
  • Zillow Ups IPO Pricing To $16 To $18 Per Share With Nearly $500 Million Valuation Friday, July 15, 2011 @ 7:17AMReal estate listings site Zillow has just upped the pricing of its IPO to $16 to $18 per share, from $12 to $14 per share . This new pricing gives Zillow a valuation of nearly $500 million ($485 million to be exact). Zillow, which will begin trading under the symbol “Z” on the NASDAQ, aims to raise as much as $71.6 million in the IPO.
  • Why Some Home Sellers Are More Delusional Than Others Friday, July 15, 2011 @ 5:33AMAccording to an analysis of more than 1 million homes on Zillow.com, whether a home is over- or under-priced in today's bleak housing market seems to depend on when it was purchased.
  • Push for higher down payments could stifle home sales, critics say Thursday, July 14, 2011 @ 9:20AMCan you come up with $36,000, cash? If not, you may have a harder time buying a house before long, under new mortgage rules being debated in Washington.
  • Foreclosure delays could hold off housing rebound Thursday, July 14, 2011 @ 5:12AMForeclosure delays are likely to bring reprieves to 1 million financially troubled homeowners this year, but they threaten to further postpone the U.S. housing market's recovery, a report out today shows.
  • Chuck Liddell's SLO home, shown on MTV's 'Cribs,' is for sale for $1.2 million Wednesday, July 13, 2011 @ 5:44PMFormer ultimate fighting champ Chuck Liddell has moved to Southern California and is selling his San
  • Fitch Affirms San Fernando Public Financing Auth & RDA, CA TABs at 'BBB+'; Outlook Stable Wednesday, July 13, 2011 @ 12:38PMNEW YORK--(BUSINESS WIRE)--During the course of routine surveillance, Fitch Ratings has affirmed the following rating of the San Fernando, California (the city) Public Financing Authority (the authority): --$3 million refunding revenue bonds series 1998 (tax allocation bonds, project areas 1 &3) at 'BBB+'. In addition, Fitch affirms the following rating of the San Fernando Redevelopment Agency ...
  • Baloney - GoldSeek.com Wednesday, July 13, 2011 @ 10:36AMThe mainstream media are all a-twitter. Speaker of the House John Boehner has given up in the President's offer of a solution to the deficit crisis: a $4 trillion deficit reduction package. Oh, the horror! Oh, the pigheadedness of the Republicans!
  • Fitch Rates King County, WA's 2011 LTGOs 'AA+'; Outlook Stable Tuesday, July 12, 2011 @ 1:44PMSAN FRANCISCO--(BUSINESS WIRE)--Fitch Ratings assigns the following rating to King County, Washington's limited tax general obligation (GO) refunding bonds: --$25.6 million series 2011 'AA+'. These bonds will be sold via negotiation during the week of July 25, 2011. In addition, Fitch affirms the following bonds: --$170.6 million in outstanding unlimited tax GO bonds at 'AAA'; --$1.4 billion in ...
  • 30-Year Fixed Mortgage Rate Falls 10 Basis Points After Hitting Two-Month High Last Week; Current Rate is 4.38 ... Tuesday, July 12, 2011 @ 1:28PM10 a.m. Pacific--SEATTLE--The 30-year fixed mortgage rate on Zillow Mortgage Marketplace is currently 4.38 percent, down 10 basis points from 4.48 percent at this same time last week. The 30-year fixed mortgage rate peaked at 4.51 percent on Friday, and then hovered near 4.4 percent for the remainder of the week.Zillows real-time...
  • Foreign Investors Help Boost U.S Home Sales By A Large Margin Monday, July 11, 2011 @ 2:11PMIt has been estimated that 31% of Florida’s home property purchases were made by foreign buyers as of 2010. While the US Dollar exchange rate and its economy experiencing financial uncertainties, foreign investors took advantage of the affordable property prices since 2007.
  • Home sales still falling, but new contracts highest since 2007 Monday, July 11, 2011 @ 2:07PMHousing market remains challenged; prices fall 7 percent This owner-brokered home accounts for one of the nine for-sale signs on a Parkville block in June. Average home prices last month fell 7 percent compared with June 2010.
  • Home sales still falling, but new contracts higher Monday, July 11, 2011 @ 9:56AMHousing market remains challenged; prices fall 7 percent Average prices fall 7 percent compared with June 2010
  • June contracts on area homes hit four-year high Monday, July 11, 2011 @ 9:51AMHousing market remains challenged; prices fall 7 percent New contracts on homes for sale in the Baltimore area rose to their highest June level since 2007 — a positive sign for a housing market trying to heal after a years-long roller-coaster ride.
  • Debt-ridden couple needs to cut back on expenses Sunday, July 10, 2011 @ 5:40AMMark and Melissa are behind on their mortgage and owe back taxes to the IRS. And that’s just the beginning.
  • New rules spark down payment debate Saturday, July 9, 2011 @ 11:10PMIndustry fears that a return to old-time lending could keep sales in the doldrums for years.
  • Sites break down neighborhood traits Saturday, July 9, 2011 @ 11:03PMIf you find a home on the market that has the right look, amenities and price, you're still only halfway there.
  • Zillow Jumps Into IPO Fray, to Raise $49M Thursday, July 7, 2011 @ 6:32PMOnline real estate information startup Zillow Inc., which runs the Zillow.com website, has jumped into the initial public offering (IPO) frenzy and seeks to raise up to $48.5 million in stock.
  • Donors help save S.F. Chabad house from foreclosure Thursday, July 7, 2011 @ 6:29PMAside from its Christmas theme and a few other details, the movie “It’s a Wonderful Life” does a pretty good job of illustrating how a Chabad house in San Francisco’s Richmond District was saved recently from being forced into foreclosure.
  • ConsumerWatch: Homeowners Surprised By Zillow’s New Estimates Thursday, July 7, 2011 @ 5:30PMZillow.com, the popular real estate website known for its instant home appraisals, has changed its way of calculating those values.
  • Photos: Regis Philbin's Home Could Be Yours Thursday, July 7, 2011 @ 1:55PMRegis Philbin has put one of his two Greenwich, Conn., homes on the market for $3.8 million, according to Zillow.com. The French colonial, which Philbin purchased 20 years ago, sits on 6-acres and boasts four bedrooms, eight bathrooms, a tennis court, pool and gazebo.
  • Fitch Affirms Queen Creek, AZ Excise Tax Revs, Upgrades Imp Dist Bonds; Outlook Stable Thursday, July 7, 2011 @ 12:22PMAUSTIN, Texas--(BUSINESS WIRE)--During the course of routine surveillance, Fitch Ratings has taken the following rating action on Queen Creek, Arizona: --$25.3 million excise tax and state shared revenue obligations, series 2007 affirmed at 'A+'; --$50.3 million improvement district no. 1 improvement bonds upgraded to 'A-' from 'BBB+'. In addition, Fitch assigns an implied unlimited tax general ...
  • Morning Spy: Retail Explodes, Another Dot-Com IPO Is Coming Thursday, July 7, 2011 @ 9:22AMThe markets are trading higher on Thursday after initial jobless claims fell for the first time in three weeks, falling from 432,000 for the week ending June 25 to 418,000 for the week ending July 2.
  • Zillow real estate value website sets IPO price Wednesday, July 6, 2011 @ 10:26PMStartup Zillow that provides online information about real estate has set the price for its initial public offering of stock at $12 to $14 per share.
  • Zillow Sets IPO At 3.46 Mln Shares; Estimated Price Range $12-$14/Share Wednesday, July 6, 2011 @ 10:07PMReal estate information marketplace Zillow, Inc. (Z) announced in a regulatory filling on Wednesday that it will sell 3.46 million common shares in an initial public offering at an estimated pricing between $12 and $14 per share to raise about 48.5 million. The company filed the initial registration statement for the IPO on April 18, 2011, and has applied to list the Class A common stock on The ...
  • Zillow Zestimate Shifts, Prompting Howls Wednesday, July 6, 2011 @ 4:20PMThe real-estate website Zillow.com has modified the formula it uses to estimate the value of some 97.3 million American homes, known as the Zestimate.
  • Buy One Of Regis Philbin's TWO Greenwich Estates For $3.8 Million Wednesday, July 6, 2011 @ 1:00PMAs a talk and game show host for nearly five decades, there are few people who don’t recognize the name Regis Philbin. However, what did come as a surprise to most was his announcement earlier this year that he will be retiring from his morning talk show gig, “Live With Regis and Kelly,” after almost 25 years on the air.
  • 30-Year Fixed Mortgage Rate Jumps 14 Basis Points To Highest Rate in Two Months; Current Rate is 4.48, According to ... Tuesday, July 5, 2011 @ 1:28PM10 a.m. Pacific--SEATTLE--The 30-year fixed mortgage rate on Zillow Mortgage Marketplace is currently 4.48 percent, up 14 basis points from 4.34 percent at this same time last week. The 30-year fixed mortgage rate hovered between 4.5 percent and 4.52 percent for the majority of the week, falling to the current rate early this morning.Zillows...
  • CONSUMER FINANCE: Finding Your Home's Value Online Tuesday, July 5, 2011 @ 8:13AMCONSUMER FINANCE: Finding Your Home's Value Online
  • Amy Hoak's Home Economics: Finding your home’s value online Monday, July 4, 2011 @ 11:17PMPlugging an address into an online home value tool like Zillow won’t tell you exactly what a seller would be willing to pay for the place. But it’s a start.
  • Review: Websites break down neighborhood traits Monday, July 4, 2011 @ 4:55AMIf you find a home on the market that has the right look, amenities and price, you’re still only halfway there. That’s because a neighborhood is often as big a consideration as the house itself. Before you buy, you need to know if it’s safe.
  • Hometownstations.com-WLIO- Lima, OH News Weather SportsFla.'s Space Coast feels pain of shuttle's end Monday, July 4, 2011 @ 2:37AMCAPE CANAVERAL, Fla. (AP) - Workers at the Kennedy Space Center always knew the end of the shuttle program would bring hard times to Florida's Space Coast.
  • 4 tips to determine if owning a home is right Sunday, July 3, 2011 @ 12:39AMHome prices aren't what they used to be. Their steady decline may be causing your anxiety to rise. After all, buying a home is a big commitment. But even in a down market, how you go about deciding whether to buy a home remains the same. Taking a few practical steps to prepare can make navigating the search for a home and a mortgage easier. 1. Determine how much you can afford. There are several ...
  • Review: Sites break down neighborhood traits Saturday, July 2, 2011 @ 4:31AM(AP) -- If you find a home on the market that has the right look, amenities and price, you're still only halfway there.
  • How to be Positive without being Pollyanna Thursday, June 30, 2011 @ 4:22PMRISMEDIA, July 1, 2011—It’s getting really crazy out there. We have officially seen the start of a race to the bottom among economists, statisticians and spokespeople who are all trying to win the award for Chicken Little of the Year.
  • Fitch Affirms St. Louis (MO) GO & Muni Finance Corp Lease Rev Bonds; Outlook Stable Thursday, June 30, 2011 @ 1:45PMNEW YORK--(BUSINESS WIRE)--As part of its continuous surveillance effort, Fitch Ratings affirms the following city of St. Louis, MO (the city) outstanding general obligation (GO) bonds: -- $42.7 million GO bonds, series 2006, at 'AA-'. Additionally, Fitch affirms its rating on the following St. Louis Municipal Finance Corporation outstanding leasehold revenue bonds: -- $140.03 million (Pension ...
  • Does housing counseling work? Thursday, June 30, 2011 @ 11:44AMAs foreclosure rates soar, is ineffective housing counseling to blame? It depends on whom you ask. Some experts--and even some studies--say that counseling helps new homeowners clarify a
  • Is FSBO For You? Thursday, June 30, 2011 @ 11:17AMSelling your home by yourself can pay off but only if you act like it's just business.
  • Cut The Middleman Wednesday, June 29, 2011 @ 5:00PMOver the last 20 years Barbara Marquardt has sold five homes without paying a dime in commission to a real estate agent. Her latest "for sale by owner" triumph was in October, when her five-bedroom, 3.5- bathroom colonial in the upscale town of Basking Ridge, N.J. fetched $785,000 after five months on the market. She and her husband bought the house for $685,000 in 2003 and spent $25,000 fixing ...
  • What Can Home Owners Learn From Case-Shiller's Home Price Index? Wednesday, June 29, 2011 @ 2:20PMThe Case-Shiller Home Price Indices may be useful to financial analysts but for home owners it's a d