Business Outlook Archive
RISMEDIA, June 23, 2011— April home prices have improved over March in the new national composite index launched recently by FNC at the National Association of Real Estate Editors Annual Meeting in San Antonio. FNC’s Residential Price Index, which is based on public record data along with data collected
RISMedia, June 22, 2011—The 1960 Presidential Debates between Vice President Nixon and Senator Kennedy were the first nationally televised debates in presidential campaign history. With the advent of television the debates took on a visual dimension and for the first time, 70 million voters were given the opportunity to not only hear the candidates, but to visually compare them as well. Surprisingly, opinion polls revealed a sharp contrast between the voters who had actually watched the debates on TV versus those who had merely listened to them on the radio.
RISMedia, June 22, 2011— The largest generations in the nation’s history, Baby Boomers and their children, will be hugely influential in redefining living and working environments for decades to come.
Downtown cores and outlying suburbs will bear the brunt of the new pressure for growth, says Patrick Phillips, CEO of the Urban Land Institute at the annual conference of the National l Association of Real Estate Editors in San Antonio.
RISMEDIA, June 21, 2011—As a national columnist, I am often about other income opportunities in the real estate field. Foreclosure clean-out is another revenue stream for real estate professionals. Renee in Arizona asked me about this opportunity.
RISMedia, June 21, 2011—The National Association of Hispanic Real Estate Professionals (NAHREP) has published a report “The State of Hispanic Homeownership” that offers an overview of compelling data on the Hispanic home buyer market and why it is poised—due to its population size, high desire
As real estate professionals continue to grapple with the “new normal,” it is more important than ever that brokers and agents understand where our industry is today as well as where it’s headed. This was the theme at RISMedia’s Achieve! Conference, a day-and-a-half-long event that took place last month and brought together leading industry experts and covered several important topics that are critical to achieving success as we head toward the future. John Featherston, president & CEO of RISMedia and Todd Hetherington, CEO, Century 21 New Millennium co-moderated Part 2 of the conference’s two-part Opening Session, and were joined by numerous industry leaders who took an in-depth look at where the industry stands today in addition to providing insight into the opportunities that are available in today’s market.
A large, homemade sign stood outside Andy Warzynak's Harborcreek Township house for more than a year.
The sign called out a local contractor whom Warzynak claimed owes him about $15,000 for an unfinished project.
"I paid him about $28,000 to add a bedroom, a bathroom and a living room to my house," Warzynak says. "I figure he did about $13,000 worth of work before he disappeared."
It's a homeowner's worst nightmare. You pay someone thousands of dollars—maybe tens of thousands—to fix your home, and the work isn't done right.
According to its latest national homeless assessment, the U.S. Department of Housing and Urban Development reports the number of homeless persons in the U.S. held steady between 2009 and 2010, despite the economic downturn. For the first time, HUD’s annual report reveals how the Recovery Act’s Homelessness
As Congress looks into mandating E-Verify, a voluntary Internet-based system that allows businesses to determine the eligibility of their employees to work in the U.S., the National Association of Home Builders (NAHB) recently urged lawmakers to ensure it is a fair, efficient and workable system and noted that this should
RISMedia, June 18, 2011—Nearly three out of four American voters believe that it is reasonable and appropriate for the federal government to provide tax incentives to promote homeownership—a sentiment that cuts across partisan and regional lines across the country, according to a recent poll conducted on behalf of the National Association of Home Builders (NAHB). Further, an overwhelming majority of respondents oppose eliminating the mortgage interest deduction and would be less likely to support a candidate for Congress who wants to do away with this vital tax incentive.
RISMedia, June 18, 2011—Newport Beach, Calif., led the list of most expensive U.S. real estate markets for the second year in a row, with an average home listing price of approximately $2.5 million for property listings meeting the subject home criteria.
RISMedia, June 17, 2011—New research from NAHB examines the scope of impact on housing markets from the scheduled October 1, 2011 decrease in the GSE and FHA loan limits. These loan limits determine what types of mortgages may be securitized by the GSEs, Fannie Mae and Freddie Mac, or insured by the Federal Housing Administration. Loans that fall outside of these limits would be subject to tighter credit conditions, including higher interest rates and larger downpayments.
RISMedia, June 17, 2011—U.S. Housing and Urban Development Secretary Shaun Donovan and Environmental Protection Agency Administrator Lisa Jackson announced a historic collaborative effort to build upon current federal investments for regions that support sustainable and livable communities. For the first time
RISMedia, June 17, 2011—A comprehensive package of services to help credit unions manage their mortgage business in today's distressed credit markets will remain available through the renewed alliance agreement between CUNA and Freddie Mac (OTC Bulletin Board: FMCC), one of the nation's largest investors
RISMedia, June 16,2011—(MCT)—The housing market's continuing funk has metro Atlantans using a grab-bag of creative strategies to buy, sell or just tread water so they can make a career move.
• Renting out a property has become the end-run around the market's chokehold on mobility. More homeowners are turning to real estate agents to keep an eye on their homes, not sell them. Homeowners typically rent out their homes so they can buy or rent somewhere else. This has created a new line of property management work for the real estate industry.