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Today’s Marketplace Archive
RISMEDIA, May 6, 2009-The Department of Justice has reached a proposed settlement with Consolidated Multiple Listing Service Inc. (CMLS) that requires CMLS to change its rules to allow low-priced and innovative brokers to compete with traditional brokers in the Columbia, S.C., area. The Department said the rules caused consumers to ...
RISMEDIA, May 6, 2009-The National Fair Housing Commission - sponsored by the Leadership Conference on Civil Rights Education Fund, Lawyers' Committee for Civil Rights Under Law, NAACP Legal Defense & Educational Fund, Inc. and the National Fair Housing Alliance released the statement below on news of the passing of the ...
RISMEDIA, May 6, 2009-Just as the Great Depression contributed to large-scale migrations from certain parts of the U.S., the current recession could be having a similar, historic effect, a new survey from Relocation.com, one of the leading online consumer resources for moving services, suggests. Data from Relocation.com showed that consumers are moving longer distances and making more out-of-state moves compared to a year ago
RISMEDIA, May 5, 2009-Pending home sales rose with many first-time buyers taking advantage of historically good housing affordability conditions, according to the National Association of Realtors®. The Pending Home Sales Index, a forward-looking indicator based on contracts signed in March, increased 3.2% to 84.6 from a level of 82.0 in February, and is 1.1% higher than March 2008 when it was 83.7. Lawrence Yun, NAR chief economist, said it should take a few months for the market to gain momentum.
RISMEDIA, May 5, 2009-It is an image for the ages; people standing on the wings of a United Airways jet, floating on the Hudson River. ...
RISMEDIA, May 5, 2009-Back by popular demand, the Houston Association of Realtors® is bringing Dennis Walsh to Houston to spend five hours in a live training session to get students started on their Certified New Home SpecialistTM (CNHS) and Residential Construction CertifiedTM (RCC) designation courses. ...
RISMEDIA, May 4, 2009-Google is upping the ante on Google Profiles, the service that allows you to share your personal and professional information and social media links on an easy-to-scan profile page. For real estate agents, it is time to fill one out. ...
RISMEDIA, May 4, 2009-In the first quarter of 2009, half of the borrowers who refinanced their loan lowered their annual mortgage interest rate by at least 20% according to Freddie Mac's quarterly Refinance Report. The median ratio of new-to-old mortgage rate was 0.80, the lowest ratio since the third quarter of 2003, and corresponds to a new interest rate that is about 1.25 percentage points below the old rate. In the fourth quarter of 2008 the ratio stood at 0.92.
RISMEDIA, May 4, 2009-In this market of months-long listing times, any idea that helps a home sell faster is a good one. For many real estate professionals, this means giving properties a competitive edge by having them decluttered and properly staged. ...
RISMEDIA, May 4, 2009-Results of a recent survey by Weichert Relocation Resources Inc. (WRRI), one of the world's leading relocation and assignment management companies, offer compelling insight to the strategies today's companies are employing to more cost-effectively deploy key talent under increasingly challenging economic conditions. ...
RISMEDIA, May 2, 2009-For some small business owners, trouble on the home front (as in home mortgage front) threatens already precarious business conditions. Home mortgages that once seemed a good source of money for the business now could result in the need to layoff workers or even close. Homeowners with trouble making mortgage payments often hear that their best bet is to contact their lender about a loan modification, but they should be well prepared when they do so.
RISMEDIA, May 2, 2009-(MCT)-Your tax refund may never be more valuable than it is now, regardless of its size. With the pressures of the recession and credit card companies turning into scrooges, this is a good time to look at your tax refund to help build a safety net and ...
RISMEDIA, May 1, 2009-This week's headlines from the NATIONAL ASSOCIATION OF REALTORS? include: stop by NAR's Booth #1707 at the 2009 Midyear Legislative Meetings and Trade Expo to get the information you need; educational opportunities from NAR's REALTOR Benefits® Program; and REALTORS® support mortgage lending reform. ...
RISMEDIA, May 1, 2009-(MCT)-Two years after fissures in the residential housing market gave way to a national collapse of home prices and sales, experts warn the next shoe to drop is the commercial real estate market, bringing more woes to the battered economy. ...
RISMEDIA, May 1, 2009-Potential home buyers who aren't eligible for the $8,000 first-time home buyer tax credit because they currently own a home actually have what could be an even bigger advantage - the opportunity to buy a new home that is bigger and better than they could have just a year or two before. "Now may be an ideal time for any family looking to upgrade from their starter home to one more suited to their current or future needs," said Joe Robson, chairman of the National Association of Home Builders
