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Real Estate Industry Finances

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BUSINESS
June 4, 1991 | JUBE SHIVER Jr., TIMES STAFF WRITER
Embattled developers, suffering the worst real estate slump in years and increasingly under fire from vocal citizens groups, are gathering in Southern California this week to discuss ways to survive the troubled times.
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BUSINESS
March 10, 1994 | From Associated Press
The recent jump in mortgage rates is contributing to a small boom in home buying as people hurry to purchase houses before rates go any higher. "In the last 30 days, we've had a tremendous rush of buyers. It's really stimulating the market," said Dick Loughlin, president and chief executive of Century 21, which has 5,000 real estate brokers throughout the United States. It is not yet clear how significant the wave of purchasing is.
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BUSINESS
December 18, 1991 | ROBERT A. ROSENBLATT, TIMES STAFF WRITER
The federal agency handling the savings and loan cleanup has adopted an aggressive new policy to speed up commercial real estate sales by providing financing for properties priced as low as $100,000. The Resolution Trust Corp. will accept down payments of 15% for these properties and provide "flexible" interest rates and repayment schedules, according to Deputy Director Lamar Kelly Jr.
BUSINESS
December 18, 1991 | ROBERT A. ROSENBLATT, TIMES STAFF WRITER
The federal agency handling the savings and loan cleanup has adopted an aggressive new policy to speed up commercial real estate sales by providing financing for properties priced as low as $100,000. The Resolution Trust Corp. will accept down payments of 15% for these properties and provide "flexible" interest rates and repayment schedules, according to Deputy Director Lamar Kelly Jr.
BUSINESS
March 10, 1994 | From Associated Press
The recent jump in mortgage rates is contributing to a small boom in home buying as people hurry to purchase houses before rates go any higher. "In the last 30 days, we've had a tremendous rush of buyers. It's really stimulating the market," said Dick Loughlin, president and chief executive of Century 21, which has 5,000 real estate brokers throughout the United States. It is not yet clear how significant the wave of purchasing is.
BUSINESS
June 4, 1991 | JUBE SHIVER Jr., TIMES STAFF WRITER
Embattled developers, suffering the worst real estate slump in years and increasingly under fire from vocal citizens groups, are gathering in Southern California this week to discuss ways to survive the troubled times.
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