Welcome!




Expand Your Education with These Courses from
A Consumer Advocate Approach to Real Estate: Course 1.
Negotiating Skills: Skills for Sales Success: Part Six.
Territory Management: Skills for Sales Success: Part Eight.
Bundle 1: CIPS Core Courses (Non-US Version).
Bundle 3: CIPS Institute (Non-US Version).

Consumer News and Advice Archive


Homebuyer Tax Credit Extension Crucial, Say Local Real Estate Professionals

RISMEDIA, November 2, 2009—(MCT)—Local real estate professionals hear a clock ticking, and they're sure it's wired to the economy. The federal government's first-time homebuyer tax credit is scheduled to expire Nov. 30. The credit, part of the Obama administration-backed economic stimulus package, rewards Americans for buying a home by cutting them ...


CAR Reports September Home Sales Increased 2.1 Percent; Median Home Price Declined 7.3 Percent

RISMEDIA, November 2, 2009—Home sales increased 2.1% in September 2009 in California compared with the same period a year ago, while the median price of an existing home declined 7.3%, the California Association of Realtors® (C.A.R.) recently reported.  ...


Administration Calls on Congress to Approve Key Housing Measures

RISMEDIA, October 31, 2009—Treasury Secretary Tim Geithner and HUD Secretary Shaun Donovan called on Congress to approve three important measures to improve housing and the housing market for Americans: extension of the First-Time Homebuyer Tax Credit for a limited period, extension of higher loan limits for home mortgages, and secure funding ...


Social Security 101 – Make Your Choice Wisely

RISMEDIA, October 31, 2009—(MCT)—Many Americans take Social Security early, at age 62, because they really need it. They're in poor health or unemployed or both. Others take benefits early because they're worried they'll lose out on what's rightfully theirs if benefits are reduced. But few people try to figure out the ...


Op-ed: Stimulus Aids Strong Economic Rebound – U.S. Economy Expands 3.5 Percent

RISMEDIA, October 30, 2009—There is light at the end of the tunnel, and the American Recovery and Reinvestment Act got the economic engine closer to that light. The economy grew at an annual inflation-adjusted rate of 3.5% in the third quarter of 2009, the Bureau of Economic Analysis recently reported. This ...


Most Landlords Willing to Discount Rent to Aid Cash-Strapped Tenants

RISMEDIA, October 30, 2009—More than two-thirds (69%) of smaller, independent landlords will reduce rents to help tenants remain in their homes, according to The National Association of Independent Landlords.  ...


Significantly More Seniors Researching Reverse Mortgages

RISMEDIA, November 2, 2009—Golden Gateway Financial, a comprehensive financial resource for seniors and retirees recently released new usage data from its online Reverse Mortgage Calculator that showed falling home values continue to negatively impact the amount of money available to older Americans through a reverse mortgage. At the same time, ...


Roth Rules to Ease in 2010, But Decision Shouldn’t be Automatic

RISMEDIA, October 29, 2009—(MCT)-Since its creation more than a decade ago, the Roth IRA has been one of the best tax breaks around, but it's been closed off to higher-earning taxpayers. That will change next year.  ...


As Some Top Metro Foreclosure Activity Rates Decrease, New Foreclosure Hot Spots Emerge in Q3 2009

RISMEDIA, October 28, 2009—RealtyTrac, one of the leading online marketplaces for foreclosure properties released its Q3 2009 Metropolitan Foreclosure Market Report, which shows that cities in California, Florida and Nevada accounted for the 10 highest foreclosure rates in the third quarter among metro areas with a population of 200,000 or ...


Regional Spotlight: Florida’s Existing Home, Condo Sales Up in September 2009

RISMEDIA, October 28, 2009—Florida’s existing home sales rose in September 2009, which marks more than a year (13 months) that sales activity has increased in the year-to-year comparison, according to the latest housing data released by Florida Realtors. September’s statewide sales also increased over sales activity in August in both ...


Stars Are Aligned for Buyers – and Time Is of the Essence

RISMEDIA, October 28, 2009—Potential home buyers are seeing a fortuitous combination of low mortgage rates, affordable home prices and the first-time home buyer tax credit. And many who thought homeownership wasn’t an option right now appear to be finding ways to make it work. A National Association of Realtors survey ...


Stimulus Payout May Come Back to Haunt You at Tax Time

RISMEDIA, October 28, 2009—(MCT)—That little extra bit of money in the form of a larger paycheck tied to the Obama stimulus plan could end up taking a bite out of your federal income tax refund or even leave you owing taxes, say observers. ...


Wall Street vs. Main Street: Courts Beginning to Side in Favor of Foreclosed Property Owners

RISMEDIA, October 27, 2009—Agents involved in foreclosures and short sales may need to begin to disclose the possibility of serious property transfer defects associated with these types of lender controlled sales. ...


First-Time Home Buyer Tax Credit Fraud

RISMEDIA, October 26, 2009—The General Accountability Office has reportedly frozen more than 110,000 first-time home buyer tax credit refunds pending civil or criminal examinations due to allegations of fraud. The main concerns are whether or not a home purchase actually took place and if the home buyer claiming the credit ...


Women Vow to Cut Costs – How Will This Effect the Economic Recovery?

RISMEDIA, October 24, 2009—(MCT)—Women are increasingly reining in spending and promising that their new frugality is here to stay—a vow that, if followed, could throw a wrench into the economic recovery.  ...


Our Latest News >>