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Real Estate News Archive


Leading Real Estate Companies of the World Reports Optimism in the Real Estate Community

RISMEDIA, July 1, 2009-While sales figures may not yet reflect it, optimism in the real estate community has definitely increased concerning the housing market, according to a recent survey of member brokerage firms of Leading Real Estate Companies of the World®. ...


Kathy Hedley Named SVP, Sales for Prudential Real Estate and Relocation Services

RISMEDIA, July 1, 2009-Prudential Real Estate and Relocation Services, Inc., a Prudential Financial, Inc. company, has appointed Kathy Hedley to the position senior vice president of Sales. ...


Housing Faces Stiff Headwind as It Recovers

RISMEDIA, June 30, 2009-(MCT)-The housing market has suffered a "massive shock" and faces a difficult recovery in the face of job losses, foreclosures and tight credit, according to a report released last week by Harvard's Joint Center for Housing Studies. ...


Prudential Gardner and RealPING ‘Connect’ to Decrease Agent Response Time, Increase Customer Service Excellence

RISMEDIA, June 30, 2009-Prudential Gardner, Realtors has announced it has entered into a multi-year agreement with real estate technology provider Real Ping, LLC. Under the agreement the company's sales associates will have the opportunity to embed their websites, social media and networking sites, emails and marketing materials with realPING's 'Click-to-Talk' ...


Survey Reveals How Americans View Homeownership as a Way to Build Wealth

RISMEDIA, June 29, 2009-(MCT)-Nearly half of American adults who participated in a recent survey said they no longer believe that homeownership is a realistic way to build wealth, the National Foundation for Credit Counseling reported this week. ...


C.A.R. Reports May Home Sales Increased 35.2%, Median Home Price Declined

RISMEDIA, June 29, 2009-Home sales increased 35.2% in May in California compared with the same period a year ago, while the median price of an existing home declined 30.4%, the California Association of Realtors® (C.A.R.) reported today. ...


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

RISMEDIA, June 26, 2009-This week's headlines from the NATIONAL ASSOCIATION OF REALTORS® include: Free articles and information through NAR's Right Tools, Right Now campaign, insurance and home warranty solutions through NAR's REALTOR Benefits® Program, and May existing-home sales continue to rise. ...


Desperate Homeowners Raffle Off $3 Million Waterfront Estate for $10

RISMEDIA, June 26, 2009-Due to the turmoil in the real estate market, a Florida couple is raffling off their luxury home in Fort Lauderdale for only $10 a ticket. After the drawing is held, the deed and title to the home ...


Jewel-box Homes are Built Smaller, Smarter

RISMEDIA, June 26, 2009-(MCT)-They've been dubbed "jewel-box houses" - small homes designed with top-quality materials, upscale detailing and custom built-ins. ...


Free Home Rescue Fair to Combat Rising Foreclosures in California

RISMEDIA, June 26, 2009-In response to predictions that there will be more than 400,000 new foreclosures in California this year, the Alliance for Stabilizing our Communities-led by the National Urban League (NUL), NCLR (National Council of La Raza), and the National Coalition for Asian Pacific American Community Development (National CAPACD)-with ...


Is a Stronger Tax Credit Needed to Motivate Prospective Home Buyers?

RISMEDIA, June 25, 2009-Despite affordable home prices and low interest rates, the majority of Americans considering a home purchase still need a little extra incentive. According to a recent survey conducted by Weichert, Realtors, increasing the current tax credit to $15,000 and/or extending it to all buyers would offer the ...


102-Year-Old New Hampshire Firm Joins Sotheby’s International Realty Brand

RISMEDIA, June 25, 2009-Sotheby's International Realty Affiliates LLC announced that New London Agency in New London, N.H., is the newest member of its luxury real estate network. ...


California Real Estate Commissioner Announces Issuance of Fraud Warning

RISMEDIA, June 25, 2009-The California Real Estate Commissioner, Jeff Davi, announced the issuance of a Consumer Alert by the California Department of Real Estate (DRE) warning consumers about loan modification scams and informing consumers of what they can do to protect themselves. ...


Have We Reached Bottom? 10 Factors to Consider

RISMEDIA, June 24, 2009-Historically, the value of real estate goes through cycles. Many factors affect the value of homes including the laws of "supply and demand." From the Appraisal Institute, here's a quick reference guide to some of the factors involved ...


NRT LLC Combines its Two NJ Real Estate Brokerage Companies into Single Organization

RISMEDIA, June 24, 2009-NRT LLC, one of the nation's largest residential real estate brokerage companies, announced the merger of the operations of its two local operating companies based in New Jersey - Burgdorff Realtors ERA and Coldwell Banker Residential Brokerage in New Jersey & Rockland County, N.Y. The ...


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