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Real Estate Information Archive


HomeServices of America Announces New Leadership for HomeServices Relocation

HomeServices of America, a Berkshire Hathaway affiliate, has announced the appointment of Steven John as president and CEO HomeServices Relocation, effective September 16, 2014. Mary Lee Blaylock, current president and CEO of HomeServices Relocation has been named senior vice president and general manager of Berkshire Hathaway HomeServices California Properties, effective ...


What NOT to Do: Industry Leaders Reveal What They Learned from Their Biggest Mistakes at RISMedia’s CEO Exchange

Any successful real estate professional will tell you that the work they do never ends. And really, it never ends. For those in real estate, striving to improve isn’t some lofty goal—it’s a necessity. ...


New Home Purchases Down by 9 Percent

The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for August 2014 shows mortgage applications for new home purchases decreased by 9 percent relative to the previous month.  This change does not include any ...


Vinyl Is the Most Widely Used Siding on New Homes Started

According to data from the Census Bureau’s Survey of Construction (SOC), vinyl (including vinyl-covered aluminum) was the most common exterior wall material used in homes started in 2013 (31 percent), followed by brick or brick veneer (24 percent), stucco (22 percent), and ...


Ed Okenica with RE/MAX Agents Realty Hosts Show on HGTV Lakefront Bargain Hunt

On September 14, HGTV will air the next installment of its new Lakefront Bargain Hunt series, and Ed Okenica with RE/MAX Agents Realty, Lake Oconee’s real estate expert, will be showing three different homes to a young couple looking for their perfect lakefront property. ...


HUD Secretary to Lead U.S Planning for United Nations Housing Conference

The U.S. Department of Housing and Urban Development (HUD) recently announced Secretary Julián Castro will lead a group of government, public sector, non-governmental, academic, and philanthropic leaders to prepare for U.S. involvement in Habitat III, the United Nations Conference on Housing and Sustainable Urban Development scheduled to take ...


U.S. Foreclosure Activity Increases 7 Percent in August but Overall Down from Last Year

RealtyTrac® recently released its U.S. Foreclosure Market Report™ for August 2014, which shows foreclosure filings—default notices, scheduled auctions and bank repossessions—were reported on 116,913 U.S. properties in August, an increase of 7 percent from the previous month but still down 9 percent ...


How One Florida Brokerage Pushes Past All Obstacles to Succeed

RE/MAX Anchor Realty has seen it all. From rebuilding after Hurricane Charley, which left the majority of the company’s agents homeless, to surviving the economic downturn in 2005, the Florida-based company has been through its share of tough times and still manages to come out on top. So far on ...


The Great Delay: Student Loan Debt and Homeownership

A record number of Millennials, individuals aged 18 to 34 years, are delaying household formation. This “Great Delay,” instead of the forbearance of impending doom, may actually be a sign of prudent economic decision ...


Mortgage Applications Decrease in Latest MBA Weekly Survey

Mortgage applications decreased 7.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 5, 2014.  This week’s results included an adjustment for the Labor Day holiday. ...


Final Push on 3 Percent Cap on Fees and Points

In June, the House of Representatives passed H.R. 3211, “The Mortgage Choice Act,” which addresses discrimination against affiliate businesses in the calculation of fees and points under the Qualified Mortgage (QM) safe harbor. H.R. 3211 and its Senate companion, S. 1577, are ...


Carrington Real Estate Services Executive Vice President Wendy Forsythe to Reveal New Breed of Real Estate

Carrington Real Estate Services, LLC (Carrington), recently announced that Wendy Forsythe, executive vice president and head of global operations for the full-service national real estate brokerage, will serve as a special guest on The Power Is Now online radio broadcast scheduled to air on September 15, 2014 from ...


HUD Awards $3 Million to 13 Public Housing Agencies to Support Emergency, Safety and Security Needs

The U.S. Department of Housing and Urban Development today awarded $3 million to 13 public housing authorities to address emergency, safety and security needs at their public housing properties, including measures necessary to fight crime and drug activities. ...


The Most Affordable Cities for Millennial Buyers

It’s no secret young buyers have faced challenges when it comes to saving money to purchase a home of their own thanks to limited job opportunities and skyrocketing debt. Despite all this, the millennial generation still believes in homeownership. To help them achieve ...


CFPB Update for Real Estate Brokers

As the real estate industry continues to recover from the financial meltdown, mortgage lenders, title companies and closing professionals have been adapting to a wide variety of new regulations. And while lenders can quickly recite what they ...


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