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Real Estate and Development

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Value of mortgage refinancings at three-year high

Aided by record-low interest rates and an expansion of government programs, the value of home loans refinanced this year will rise to $932 billion from $858 billion in 2011, according to projections from the Mortgage …

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Home builders’ stocks are rebounding

Key U.S. home builder shares are appreciating at a record rate this year, reflecting confidence that the housing rebound from a six-year slump can accelerate even though new-home sales are still 50 percent below the …

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Home builders encouraged by turnout at annual expo

Turnout for the HomeShowExpo last month at Otter Creek in Ankeny may provide a promising glimpse of interest in the purchase of new houses. More than 12,000 people toured houses, the highest attendance since the …

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Consumer bureau unveils proposed mortgage regulations

The U.S. Consumer Financial Protection Bureau (CFPB) proposed new regulations today that would revamp how American homeowners interact with mortgage servicers, Bloomberg reported.

One set of rules aims to provide homeowners with clearer, timelier information …

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Hubbell awards donations after golf tournament

Hubbell Realty Co. awarded $7,600 to local charities after the Feisal Sayeed Memorial Golf Tournament, according to a release.

The donation was split between the Boys & Girls Club of Central Iowa and the YMCA …

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Watermark buys two Iowa retirement communities

Watermark Retirement Communities Inc., a Tucson, Ariz.-based owner and operator of retirement communities, has purchased two retirement communities in Iowa and has undertaken management of another two Iowa communities.

Watermark purchased Vriendschap Village in Pella …

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Mortgage problems top consumer complaints

Mortgage debt and credit card debt complaints made up the majority of complaints filed with the Consumer Financial Protection Bureau in its first 11 months, according to Housingwire.com.

Mortgage debt accounted for 43 percent of …

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Pending home sales fall in June

Contracts to buy previously owned homes fell in June, Reuters reported. The National Association of Realtors (NAR) said fewer properties came on the market, pointing to weak home resales in July.

The industry group said …

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U.S. home sales decline in June

New residential home sales sank 8.4 percent from May to June, according to data released today by the U.S. Census Bureau.

In June, new residential home sales were at a seasonally adjusted annual rate of …

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For a California building seeking LEED, the forest was greener in Iowa

Des Moines-based Meidh Corp. led the owner of a California building to a farm in southwest Iowa in an effort to obtain a sustainability certification for existing buildings.

In order to meet the U.S. Green …