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Real Estate News Archive


Act Now to Take Advantage of the $8,000 First-Time Buyer Tax Credit

RISMEDIA, September 1, 2009-Since Congress passed the American Recovery and Reinvestment Act earlier this year, many have seized the opportunity offered by the $8,000 tax credit for first-time home buyers. When you factor in today's historically low interest rates and housing affordability with the financial incentive from the government, ...


Focus on Listings

RISMEDIA, August 18, 2009-"Old Realtors never die, they just become listless." ...


Refinancing Borrowers Choose Shorter-Term Fixed-Rate Loans

RISMEDIA, August 18, 2009-Freddie Mac recently announced that in the second quarter of 2009, refinancing borrowers overwhelmingly chose fixed-rate loans, regardless of whether their original loan was an adjustable-rate mortgage (ARM) or fixed. ...


Gloriod & Associates Merges with Prudential Rocky Mountain, Realtors

RISMEDIA, August 18, 2009-Prudential Real Estate and Relocations Services, Inc., a Prudential Financial, Inc. company announced the merger of independent real estate brokerage Gloriod and Associates, Inc. with Prudential Rocky Mountain, Realtors®. ...


Refinance Volumes on the Rise for Fannie Mae and Freddie Mac

RISMEDIA, August 18, 2009-Fannie Mae and Freddie Mac refinanced more than 2.9 million mortgage loans in 2009 through July of this year. Since the inception of the Making Home Affordable Refinance Program (HARP) in April, Fannie Mae and Freddie Mac refinanced almost 1.9 million mortgage loans through July. The numbers ...


As Credit Deadline Approaches, Race Is On for First-Time Buyers

RISMEDIA, August 17, 2009-(MCT)-First-time buyers are searching for homes with a growing sense of urgency, worried that time is running out on an $8,000 federal tax credit. ...


Will Homeowners and Buyers Lose $45,000?

RISMEDIA, August 17, 2009-Federal Reserve officials met last week and issued a statement saying that their program to purchase $1.25 trillion of mortgage-backed securities will be winding down by the end of year. ...


Bankrate: Mortgage Rates Post Mixed Results

RISMEDIA, August 17, 2009-The average 30-year fixed mortgage rate inched higher to 5.67 percent this week, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.36 discount and origination points. ...


Daniel Gale’s Whale Surfaces in South Korea Statue Commemorating Gale Family Business Installed in New Urban Center

RISMEDIA, August 17, 2009-A familiar image to residents of Long Island's North Shore-the Daniel Gale Sotheby's International Realty whale logo, is getting a whole new audience in the Far East. A commemorative statue, "Cruising Together," depicting two whales spanning ...


RETechnology.com Announces Launch with MRIS and MRED

RISMEDIA, August 17, 2009-RE Technology a web portal installed into MLS systems allowing agents and brokers to gain access to information, reviews and product ratings of real estate technology products available in their market, has announced a product launch with MRIS and MRED MLSs. ...


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

RISMEDIA, August 14, 2009-This week's headlines from the NATIONAL ASSOCIATION OF REALTORS® include: Offers to help increase sales through NAR's Right Tools, Right Now initiative, A limited-time special from NAR's REALTOR Benefits® Program Partner, InfoUSA®, and 2nd quarter existing-home sales rise in most states, for more information visit www.REALTOR.org. ...


The State of Sales Training in America

RISMEDIA, August 14, 2009-Founded in 1944, The American Society of Training and Development (ASTD) has been providing research, education and support to more than 70,000 members in 100 countries and who provide services in the field of workplace performance and education. Dr. Brian Lambert Ph.D. (blambert@astd.org) is the organization's Director of ...


Florida’s Existing Home, Condo Sales Rise in 2Q 2009

RISMEDIA, August 14, 2009-Sales of existing single-family homes in Florida rose 23 percent in second quarter 2009 compared to the same period a year earlier, according to the latest housing statistics from the Florida Association of Realtors® (FAR). A total of 43,125 existing homes sold statewide in 2Q 2009; during the ...


This Week’s Featured Listing: Award Winning Shingle-Style on Quiet Mid-Country Lane

RISMEDIA, August 14, 2009-LuxuryRealEstate.com describes this shingle-style home in tony Greenwich, CT as wonderful scale rooms with exceptional detailing and three exposures highlight this glorious, recently built stone-and-shingle manor overlooking three beautiful acres with great privacy and a spa with a ...


The Distressed Property Institute Reaches Historic Milestone: 10,000 Members Nationwide

RISMEDIA, August 14, 2009-The Distressed Property Institute, LLC has announced its nationwide member base has grown to more than 10,000 members, making its http://www.cdpe.com/ [Certified Distressed Property Expert]® designation the fastest growing designation in real estate industry history. CDPE training enables real estate professionals to better identify the solutions for, ...


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