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Industry News

Data Access Affects Home Buyers’ Experiences

Computer technology has changed the way consumers shop for everything from shoes to homes. Thanks to easy access to online data, 90 percent of homebuyers surveyed by the National Association of Realtors in 2012 said the Internet was their top …

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More Home Buyers Paying With Cash

A growing number of home buyers are bringing an unusual tactic to the negotiating table: an all-cash offer. Cash purchases traditionally make up about a quarter of home sales, but they’ve soared to about 40 percent nationwide, according to the research …

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Luxury Home Sales on the Rise

According to Daily Real Estate news, luxury home sales, particularly sales of the priciest 1 percent of homes, are surging. Sales of the most expensive homes in many local markets are up 21.1 percent this year, after a 35.7 percent …

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General Tool Acquired by Private Equity Firm

General Tools & Instruments (General®) has been acquired by High Road Capital Partners, a private equity firm based in New York City.  General’s CEO and senior management team remain at the company’s helm. “General remains focused on providing its customers …

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Home Sales Increase, Along With Unsold Inventory

Existing-home sales increased for the first time this year in April, while inventory meaningfully increased and home price growth moderated, according to the National Association of Realtors. Monthly sales gains in the West and South offset a modest decline in …

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Lowe’s Acknowledges Third Party Data Breach

According to an article by eSecurity Planet, Lowe’s recently began notifying an undisclosed number of current and former employees that their personal information may have been disclosed when a third-party vendor mistakenly backed up Lowe’s employee data to an unsecured server. …

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