Speed of price correction is 'almost unprecedented'
From: feeds.feedburner.com
"USC economists present some bad news, some better news
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Social networking pays off
From: feeds.feedburner.com
"Part 1: Web is where the leads are
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Prudential partners with Cyberhomes, Google Base
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"Real estate tech roundup
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Market's 'mania' and 'bulimia' revealed
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"Economy is in a purge phase, says management expert
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30-year loans still cheaper than a year ago
From: feeds.feedburner.com
"Real estate roundup
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Redfin takes Chicago
From: feeds.feedburner.com
"Company expands brokerage services to eighth market
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Introducing 'Mr. Is,' an MLS superhero
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"Comic strip promotes Web site relaunch
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Where's the 'wow'?
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"Realtor Notebook
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Gas prices pique interest in Walk Score
From: feeds.feedburner.com
"Web site rates 'walkability' of homes, neighborhoods
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News analysis: Why prices are slippery on the way down
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"Foreclosures in 'exurbs' weigh on Case-Shiller indices
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Struggling borrowers hold out for affordable loans
From: feeds.feedburner.com
"Real estate roundup
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Top blogger grew up in real estate
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"Real Estate Connect Speaker Profile: Mary Pope-Handy
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We are all the same ... and that's the problem
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"Letters From the Home Front
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Agents hope same-sex marriages will spark real estate sales
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"California ruling opens door to new marketing opportunities
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Blog to dominate
From: feeds.feedburner.com
"Inman blog scan
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HCF Purchases Woodland Hills Office Bldg. for $4.35M
From: www.costar.com
"A private investor sold the office building at 21747 Erwin St. in Woodland Hills to HCF Insurance, an insurance agency and risk management company, for $4.35 million or about $378 per square foot. HCF plans to occupy the majority of the property, which..."
City Of Glendale Purchases Redevelopment Option In Montrose
From: www.costar.com
"The City of Glendale purchased 2713 Honolulu Ave. in Montrose from the Ararat Home of Los Angeles, Inc., an organization that cares for elderly people of Armenian decent in Southern California, for $8.25 million or $392 per square foot.
A historic..."
Nike Renews Marina Del Rey Lease
From: www.costar.com
"Sportswear manufacturer Nike renewed its lease with L.A.-based investor Hankey Investment Co. for 24,763 square feet of office space at 4499 Glencoe Ave. in Marina Del Rey, CA. The rental rate is $3.00 per square foot for the five-year deal, set to commence..."
Cali-Fame Buys Industrial Bldg. for $5.5M
From: www.costar.com
"Headwear manufacturer Cali-Fame of Los Angeles Inc. acquired 20934 S. Santa Fe Ave. in Carson, CA from Victaulic Company of America; the world leader in mechanical pipe joining systems, for $5.53 million or about $127 per square foot.
The 43,515-square..."
West Hollywood Recording Studio Sells For $2.85M
From: www.costar.com
"Tustin, CA-based Delnet Financial Inc. sold the 9,616-square-foot industrial building at 7000 Santa Monica Blvd. in West Hollywood, CA to a private owner called Radio City LLC for $2.85 million or about $296 per square-foot.
The 9,616 square-foot building..."
Covina Gas Station Brings in $3.05M
From: www.costar.com
"The gas station at 909 N. Citrus Ave. in Covina, CA sold for $3.05 million, or about $1,173 per square foot in a sale between two private investors.
Built in 1983, the 2,600-square-foot retail building is on a signalized corner at East Cypress Street..."
First Industrial Realty Trust Acquires Industrial Bldg. for $5.8M
From: www.costar.com
"First Industrial Realty Trust, Inc., a Chicago-based REIT, acquired the industrial building at 18408 S. Laurel Park Road in Rancho Dominguez from Compton-based Fortune Small Business Partnership for $5.8 million or about $194 per square foot.
Built..."
27,770-SF Flex Bldg. Trades in Culver City, CA
From: www.costar.com
"The flex building at 4200 Sepulveda Blvd. in Culver City, CA sold for $6.8 million or about $244 per square foot in a sale between two private parties.
The 27,770 square-foot property was built in 1953 in the Central Los Angeles Industrial submarket..."
Koar Institutional Advisors Acquires 25.29 Acres
From: www.costar.com
"California investor Koar Institutional Advisors acquired 25.29 acres at 12091 Lopez Canyon Road from a private estate for $9.1 million or about $359,826 an acre. The property was purchased for the purpose of redevelopment.
The property consists of..."
CoStar's People of Note for Friday
From: www.costar.com
"Time to update those contact managers with CoStar's People of Note for Friday, June 27th, delivering news of recent promotions and new hires at the following companies: Babson Capital Management, CB Richard Ellis, JBG Rosenfeld Retail, Jones Lang LaSalle..."

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