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Archive for August, 2007


Only Two More Days to Register for Leadership Conference Online

RISMEDIA, September 3, 2007-Today and tomorrow are the last two days to register online for the year's most sought-after real estate educational and networking event--RISMedia's 18th Annual Leadership Conference--being held Wednesday and Thursday, Sept. 5 & 6, this week at the historic Roosevelt Hotel in New York City.


U.S. Home Prices Grow 3.2% in Past Year

By Rex NuttingRISMEDIA, September 3, 2007-(MarketWatch)-U.S. home prices rose 3.2% in second quarter compared with a year earlier, the slowest price gains in 10 years, according to a quarterly index released Thursday by the Office of Federal Housing Enterprise Oversight. ...


New Mortgage Products Could Help, Bernanke says

By Rex NuttingRISMEDIA, September 3, 2007-(MarketWatch)-The private sector and Congress should create new, affordable mortgage products that would help some homeowners refinance their mortgages and keep their homes, Federal Reserve Chairman Ben Bernanke suggested in a letter released Wednesday. ...


College-Town Property May Reap Reward for Rehabber

By Jane HodgesRISMEDIA, September 3, 2007-(RealEstateJournal.com)--The investor: Steve Minor, 41, began investing in foreclosures in North Carolina about four years ago. He spent 11 years in the building industry and says he understands and can oversee property rehabilitation, so he is comfortable buying distressed properties. He and his wife, Jenny ...


Survey: ‘Casual’ Video Game Play Encouraged by Parents, Grandparents

RISMEDIA, September 3, 2007-PopCap Games, a developer and publisher of casual games, unveiled the results of the largest survey of players of "casual" computer/video games ever conducted.


Investment Homes Are Major Part of Defaults

By Ruth MantellRISMEDIA, September 3, 2007-(MarketWatch)-Mortgages for investment properties constitute a major chunk of defaults in four states with the fastest-rising rates of seriously delinquent loans, according to data released Thursday by the Mortgage Bankers Association. ...


50 Days of Leaders: Helping Out-of-State Buyers

RISMEDIA, September 3, 2007--One sign that Lucas Lechuga's techniques for helping out-of-state buyers are working is that some of his clients have bought properties from him without ever seeing the place in person. Read how his marketing approach and self-taught videography skills helped him stand out among Realtor on the ...


NAR, Mayors Recognize San Diego for Helping Everyday Heroes Become Homeowners

RISMEDIA, September 3, 2007-The National Association of Realtors® and the U.S. Conference of Mayors have designated San Diego a 2007 Ambassador City for its Everyday Heroes program. Everyday Heroes helps San Diego police officers become homeowners, and was created by the San Diego Association of Realtors® Ambassadors Foundation and the ...


ZipRealty Plans Expansion into New York State

RISMEDIA, September 3, 2007-ZipRealty, a national full-service real estate brokerage providing home buyers and sellers with high quality service and savings, announced earlier this month the Company's plans to begin operations in New York State. The Company plans to operate in Nassau, Suffolk and Westchester counties by the end of ...


U.S. Mortgage Rates Mixed

By Amy HoakRISMEDIA, September 3, 2007-(MarketWatch)-Long-term mortgage rates headed down this week, while short-term rates moved up, according to Freddie Mac's weekly survey. ...


U.S. and China Renew Cooperation on Affordable Housing

RISMEDIA, September 3, 2007-U.S. Housing and Urban Development (HUD) Secretary Alphonso Jackson and the People's Republic of China Construction Minister Wang Guangtao signed a Memorandum of Cooperation (MOC) that renews the two nations commitment to work together to improve and expand affordable housing opportunities."Through cooperative actions and a sharing of ...


50 Days of Leaders: Educating Consumers

RISMEDIA, August 31, 2007--Educating consumers on the home buying process is key to creating successful agent-buyer relationships, says Dawn Laneis. In fact, her company recently received a Congressional award for their efforts toward housing education. Read why this earned her status on this year's Realtors on the Rise contest.Dawn Laneis ...


As Foreclosure Rates Rise, So Does Fraud

By Ralph Roberts RISMEDIA, August 31, 2007--Turn on the news or visit your favorite news Web site, and you are likely to see a report about the foreclosure epidemic. The reports you are not likely to see, however, are about something that is closely related and equally if not more disturbing-real estate and mortgage fraud.


NAR PULSE: Help Your Clients Understand Traditional Mortgages

RISMEDIA, August 31, 2007--For most consumers, the traditional fixed-rate mortgage continues to be an excellent option for financing their home purchase. "Traditional Mortgages: Understanding Your Options" is an informative brochure created by NAR and The Center for Responsible Lending that helps your clients understand all details of traditional mortgages. ...


NAR PULSE: There’s Still Time to Enjoy Triple Savings from Lenovo

RISMEDIA, August 31, 2007--For a limited time only, REALTOR Benefits® Program partner, Lenovo, is offering NAR members up to triple the savings off purchases of select Lenovo products. In addition to the 5% to 15% discount NAR members already receive, Lenovo is offering instant savings off select ThinkPad notebooks, and ...



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