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News Corp. Closes Deal
Global media giant News Corp. now owns operator Move Inc., with the $950 million deal closing November 14th. News Corp. owns media outlets around the world including The Wall Street Journal, Barron's, Harper Collins Publishers and London-based The Times. Those assets are expected to expand's reach. "In partnership with the National Association of REALTORS® and its 1 million members, we look forward to turbocharging and making it the most popular and profitable property site in America," said Robert Thomson, CEO of News Corp.
2014 Profile of Buyers and Sellers

Did you know that …

  •  The typical homebuyer in 2014 searched for 10 weeks, and viewed 10 homes before purchasing -- this is two weeks shorter than the previous year's report.
  • Ninety-two percent of buyers used the Internet in some way in their home search and 50 percent used a mobile website or application in their home search.
  • Eighty-eight percent of buyers purchased their home through a real estate agent.
  • The typical home purchased had 1,870 square feet of living space, three bedrooms, two bathrooms and was built in 1993.
  • The typical homeseller lived in their home for 10 years. Buyers expect to live in their home for 12 years after buying.

 Each year, the National Association of REALTORS® gathers detailed information about the buying and selling experience nationwide.

Blue Ridge Parkway Overlooks to Get Face Lift

The iconic Blue Ridge Parkway overlooks are getting a face lift. Work will commence the week of November 3rd to clear trees and debris from Parkway vistas in the Roanoke Region, restoring the original views from the numerous overlooks. Over the years, budget cuts have limited the amount of work done. The uninhibited growth has rendered many overlooks useless when it comes to views of the Blue Ridge Mountains.

A team of National Park Service Arborist Incident Responders will be wielding their chainsaws. The team will begin their work at the Peaks of Otter and move south through the Roanoke Valley to Adney Gap -- 20 miles south of Roanoke -- over six days, clearing up to 90 overlooks.

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