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Sunday, July 6, 2014

The Most Obnoxious Houses Built for Spite

While an obnoxious neighbor can be a pest to deal with, building a spite house to get back at them takes the battle to a whole new level. -- Brena Swanson in HousingWire http://www.housingwire.com/articles/30529-the-most-obnoxious-houses-built-out-of-spite
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From Economic Indicators.gov
The May 2014 international trade deficit decreased 5.6 percent from April, to $44.4 billion. Exports increased 1.o percent, to $195.5 billion, and imports fell 0.3 percent, to $239.8 billion.
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Nat'l Real Estate Post: 
Using drones for work (i.e.  photographing or video taping your listing or neighborhood) is illegal according to the FAA, but legal if used for fun.  This is because the FAA hasn't found a way to charge drones used for work. 
http://thenationalrealestatepost.com/over-600k-refinances-still-available/?
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Shared by Bikash Das, taken by Maria Varga

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Job creation surges in June but U6 rate at 12.1%

Construction jobs remain stagnant, retail and fast food spike

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Foreclosure declines reverse as starts surge 9.5% in May

Black Knight survey finds half are repeat foreclosures

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Shared by Manny Perez, Book Nook

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Sure enough, as WSJ confirms, "apartment landlords continued to push through hefty rent hikes in the second quarter, squeezing U.S. households that already are struggling financially after four years of steady increases."  HousingWire http://www.housingwire.com/articles/30530-rents-up-15-while-incomes-up-0
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Mortgage applications fell in the week ending June 27 for the third week in a row. -- James Limbach in Consumer Affairs http://www.consumeraffairs.com/news/mortgage-applications-post-third-straight-weekly-decline-070314.html
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Shared by Brigitta Fargas, Venice

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The data shows 163,274 total residential properties with a reconstruction value of $35,734,348,993 are in the area currently known as the "cone of uncertainty" and at risk of potential storm-surge damage, assuming the storm hits the coast as a Category 1 hurricane.
Trey Garrison and Brena Swanson in HousingWire http://www.housingwire.com/articles/30547-hurricane-arthur-on-track-to-wreak-35m-in-residential-property-damage
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The damage from Arthur was minimal.  Wonderful!  How many news outlets made a big deal of that?

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