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Archive for 2009


Thirty-Year Fixed Mortgage Rate Rises for Third Consecutive Week

RISMEDIA, December 24, 2009—The weekly average rate borrowers were quoted on Zillow Mortgage Marketplace for 30-year fixed mortgages increased five basis points last week to 4.77%, up from 4.72% the week prior, according to the Zillow Mortgage Rate Monitor, compiled by real estate website Zillow.com. Rates for 15-year fixed mortgages ...


HUD Issues Booklet to Help Consumers Shop for Home Loans

RISMEDIA, December 24, 2009—The U.S. Department of Housing and Urban Development (HUD) recently released a new settlement cost booklet to help consumers shop for the best mortgage to meet their needs. This booklet will help borrowers become familiar with the various stages of the home buying process, including deciding whether ...


As Buyers Respond to Tax Credit, U.S. Existing Home Sales Jump 7.4% in November 2009

RISMEDIA, December 23, 2009—Existing home sales rose again in November 2009 as first-time buyers rushed to close sales before the original November 30 deadline for the recently extended and expanded tax credit, according to the National Association of Realtors®. Existing home sales–including single-family, townhomes, condominiums and co-ops– rose 7.4% to a seasonally adjusted annual rate of 6.54 million units in November from 6.09 million in October, and are 44.1% higher


NAR Pulse: This Week’s Top Stories from the NATIONAL ASSOCIATION OF REALTORS®

RISMEDIA, December 23, 2009—This week’s headlines from the NATIONAL ASSOCIATION OF REALTORS® include: Property Disclosure eProduct available at no cost through NAR’s


Virtual Staging Technique Helps Realtors and Home Owners Sell Vacant Properties

RISMEDIA, December 23, 2009—Realtors and Homeowners are raving about www.virtualstagingsolutions.com, a low-cost, innovative, home staging site that's helping them sell


First-Time Home Buyers Active in New Jersey Real Estate Market

RISMEDIA, December 23, 2009—According to the 2009 Profile of New Jersey Home Buyers and Sellers, first-time buyers account for a larger portion of the housing market


MLS 5.0 – ‘Distribution Trumps Destination’

RISMEDIA, December 23, 2009—No one goes to just one website; most people go to many and most people have their favorite. If you go to HitWise.com and search for the top 20


Loud Commercials a Turn-Off for Majority of TV Viewers

RISMEDIA, December 23, 2009—A vast majority of U.S. television viewers are so annoyed by loud TV commercials that they reduce or mute the volume, or change the channel altogether,


Centralized Showing Service Acquires Showing Solutions, Inc.

RISMEDIA, December 23, 2009—Centralized Showing Service, Inc., a leader in real estate showing services, announced the acquisition of Showing Solutions, Inc. Both companies are based in Overland Park, KS, and schedule home showing appointments and collect showing feedback for Realtors® around the country. ...


Coldwell Banker Real Estate Expands Its International Network with Master Franchise Agreement in Greece

RISMEDIA, December 23, 2009—Coldwell Banker Real Estate LLC announced the signing of a master franchise agreement with Senet, S.A., to bring the Coldwell Banker franchise system to Greece. The Coldwell Banker network now extends to 48 countries and territories worldwide. ...


5 Leadership Tactics That Will Make 2010 a Pivotal Business Year

RISMEDIA, December 22, 2009—No doubt about it: 2009 has definitely been a tough year. You need to turn things around, and that means making some big changes in the very near future. Problem is, you’re not sure what they are. A new improvement initiative? A hot new product? A new executive team? Quint Studer has a suggestion: Make 2010 the year you focus on leadership. “Solid business results that stand the test of time do so for one reason and one reason only: consistently excellent leadership,”


Home for the Holidays

RISMEDIA, December 22, 2009—That is a phrase that stirs deep emotions. The very idea of spending the most precious time of the year in a warm safe place surrounded by friends


39 Percent of Recent Buyers Relied on FHA Loans to Purchase Home

RISMEDIA, December 22, 2009—According to the most recent Realtors® Confidence Index (RCI), 39% of recent buyers purchased a home with a Federal Housing Administration-insured loan. Realtors who took part in the November 2009 survey also reported that the number of first-time home buyers continued to climb to 51%. "FHA helps provide affordable mortgage financing to homeowners, particularly first-time home buyers who are so important in drawing down inventory


Tips for Homeowners: How to Budget for Home Maintenance

RISMEDIA, December 22, 2009—While buying a home is a huge financial expenditure, homeowners need to keep in mind that the spending doesn’t stop once the home is purchased.


5 Ways for Parents to Teach Children the True Spirit of the Holiday Season

RISMEDIA, December 22, 2009—The holiday gift-giving season is an appropriate time to involve children in charitable giving and teach them why the old adage, "It is better to give



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