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Luxury Real Estate Archive


December Housing Scorecard Shows Continued Home Affordability

RISMEDIA, December 27, 2010—The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury released the December edition of the Obama Administration’s Housing Scorecard. The latest housing figures show continued home affordability in the housing ...


Existing-Home Sales Resume Uptrend with Stable Prices

RISMEDIA, December 23, 2010—Existing-home sales got back on an upward path in November 2010, resuming a growth trend since bottoming in July, according to the National Association of REALTORS®. Existing-home sales, which are completed transactions that include single-family, townhomes, condominiums ...


Economic Growth Poised to Kick into Higher Gear by Second Quarter of 2011, According to Fannie Mae’s Economics and Mortgage Market Analysis Group

RISMEDIA, December 22, 2010—Improvements in consumer spending and consumer confidence, increased demand for goods and services, and falling unemployment claims are all positive factors for a brighter outlook as we move into 2011, according to the December 2010 Economic Outlook released by Fannie Mae's Economics & Mortgage Market Analysis Group. ...


The Truth About Home – Connecting with Today’s Buyers and Sellers

RISMEDIA, December 21, 2010—According to the American Heritage Dictionary, home is defined as “To the very center. To be guided to a target automatically.” In this challenging housing market, consumers still want a home as the centerpiece of a good ...


Homes Made Famous in Favorite Holiday Movies

RISMEDIA, December 20, 2010—As the decorations go up and the temperatures go down, winter is the perfect time to cozy up and indulge in a holiday movie marathon. While the Whos in Whoville and elves in Santa’s workshop live happily in our imagination, there is a plethora of real-life locations ...


Housing Starts Rise 3.9 Percent in November 2010

RISMEDIA, December 18, 2010—Nationwide housing starts rose 3.9% in November 2010 to a seasonally adjusted annual rate of 555,000 units from an upwardly revised number in the previous month, according to newly released data from the U.S. Commerce Department. This ...


Homeowners Recoup More with Exterior Replacement Projects, REALTORS® Report

RISMEDIA, December 16, 2010—As part of the 2010-11 Remodeling Cost vs. Value Report, REALTORS® recently rated exterior replacement projects among the most cost-effective home improvement projects, demonstrating that curb appeal remains one of the most important aspects of a home ...


Lifestyle Search Helps Real Estate Professionals Harness Consumers’ Unique Needs to Sell More Real Estate

RISMEDIA, December 15, 2010—Real estate consumers these days are no longer satisfied with the ability to search for a three-bedroom, two bath condo. They now want more levels of search that qualify as the up and coming concept known as ‘Lifestyle Search.’ Consumers are choosing their homes not only on ...


Price-Reduced Listings Continue to Soar Over Last Year, According to ZipRealty’s Monthly Price Reduction Index

RISMEDIA, December 14, 2010—The number of price-reduced homes on the market this November increased dramatically compared to the same time last year, rising 24.1% according to ZipRealty's Price Reduction Index, a monthly review of MLS-listed properties in 26 markets surveyed by the real estate brokerage. ...


NAHB’S Multifamily Production and Vacancy Indices Show Increased Confidence

RISMEDIA, December 13, 2010—Serving as leading indicators for the sector, two composite multifamily indices produced from NAHB's survey of multifamily builders and property managers showed improvement in the third quarter of 2010. The NAHB Multifamily Production Index (MPI) increased to ...


Developments Shrink as Buyers Seek Stronger Sense of Community

RISMEDIA, December 10, 2010—(MCT)—Kristy Paul grew up on a quiet suburban cul-de-sac where on warm summer nights the kids could stay out late while the parents grilled in their back yards and kept watch. Now she's a mom with two ...


58 Percent of Americans Expect Housing Market to Recover after 2012, According to Trulia and RealtyTrac

RISMEDIA, December 9, 2010—Trulia.com, a top site for home buyers, sellers and renters, and RealtyTrac, a leading online marketplace for foreclosure properties released the latest results of an ongoing survey tracking home buyers' attitudes toward foreclosed homes. Results of the survey conducted online from November 2-4, 2010 by Harris Interactive ...


Simple Tips to Downsize Your Lifestyle

RISMEDIA, December 7, 2010—(MCT)—David, Christy and Noah Swindlehurst are practicing new math at their Eden Prairie, Minn., town home—minimal addition, maximum subtraction. ...


Baby Boomers Turn to Remodeling to Create User-Friendly Homes

RISMEDIA, December 4, 2010—(MCT)—Uneasiness is keeping some aging baby boomers in their current homes, even though that's not what they had in mind.  As REALTOR® Allan Domb, who sells condos in Philadelphia, sees it, "The decline in prices in the ...


6 Steps to Consistently Listing FSBOs

RISMEDIA, December 3, 2010—In this article we’re going to outline a six-step process you can follow to consistently list more for sale by owners (FSBOs). The purpose of this process is to start a conversation with FSBOs in your market and position yourself as their go to person when they ...


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