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Real Estate Information Archive


Portland Agent Surpasses $100M Marker in Annual Sales Volume for 2013

RE/MAX of New England recently announced that David Banks, broker/owner of RE/MAX By The Bay, set a statewide annual sales record in Maine of $109,114,919 in 2013. David is the first individual user of the Maine Real Estate Information System (MREIS) to surpass $100 million in annual sales since record-keeping ...


Real Estate Company Unveiled as Most Recognized Brand in Industry

Century 21 Real Estate LLC, the franchisor of one of the world's largest real estate sales organizations, commissioned an independent real estate brand survey that found CENTURY 21® to be the most recognized brand name in real estate. According to the 2013 Ad Tracking Study conducted by Millward Brown, ...


Metro Areas See Solid Home-Price Growth

The lion’s share of metropolitan areas continued to experience strong year-over-year price growth in the fourth quarter, according to the latest quarterly report by the National Association of REALTORS®. A companion metro area annual affordability report shows less favorable conditions, particularly in ...


Bringing Peace of Mind to the Real Estate Transaction

Thousands of real estate professionals trust Realtors Property Resource® (RPR®), taking advantage of the platform’s broad range of property reports, valuations and other data on a daily basis to bring clients peace of mind regarding their potential home purchase, sale or real estate investment. ...


Only One New England Real Estate Company in Region to Offer Hands-On Regional Training Opportunities

RE/MAX of New England has recently announced that it is the only major real estate organization in New England with a dedicated support office that provides educational, training and networking opportunities to its associates at the local level, according to the company. ...


Can Shadow Inventory Help Relieve Price Pressure?

Home prices grew at the fastest pace in seven years in 2013. This is good news for property owners, both homeowners and landlords, as they witnessed, on average, a $32,000 gain in housing equity over the past two years. The equity increase ...


An Unlikely Springboard: Good Management, a Good Attitude and Excellence Deliver Growth in Any Environment

For most of us, the devastation of Hurricane Sandy is no longer much more than a memory. But in parts of New Jersey and elsewhere on the Eastern seaboard, weary residents are still working to clean up the mess, assess the damage, and rebuild their homes and lives. ...


Working with Millennial Home Buyers, Part 1

In a recent piece published by RISMedia, Generation Next, Sherry Chris—president and CEO of Better Homes and Gardens Real Estate—explores the Millennial generation, and our findings on who they are, what they want, and what they’re looking for in a real ...


New CEO Steps Up in Large Real Estate Firm

HomeServices of America, a Berkshire Hathaway affiliate, recently announced that Greg Mason has assumed the role of chief executive officer of Edina Realty Home Services--inclusive of its brokerage, mortgage, title and escrow and insurance businesses. Bob Peltier, former president and CEO of ...


New York Brokerage Makes Big Transition

Berkshire Hathaway HomeServices, the new real estate brokerage network operated by HSF Affiliates LLC, recently announced that Prudential Serls Prime Properties has joined the brand and is operating as Berkshire Hathaway HomeServices Hudson Valley Properties. ...


Mortgage Applications on the Rise

Mortgage applications increased 0.4 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 31, 2014. ...


Community Outreach Programs Help Build Local Commercial Real Estate

Brokers know that helping build good communities is good business. The National Association of REALTORS® Community Outreach programs help you and your local REALTOR® Association get more involved by providing resources to target community initiatives while giving you an ally in legislative and smart growth matters. ...


Association Co-Founder Passes Away

Ernest "Ernie" Reyes, co-founder of the National Association of Hispanic Real Estate Professionals -- the first national trade group for Hispanics working in the real estate and housing industry, passed away this week after a brief illness, according to NAHREP. He was 73. ...


Lead Generation, Business Automation, Cloud Computing Featured in Webinar Summit

NAR PULSE—Learn how to generate more leads, transact business in the field and automate your business during REALTOR® University’s sales and marketing webinar summit, Feb. 27. The summit features five webinars hosted by real estate pros who've mastered these and other techniques for marketing and selling real estate. Registration is ...


Borrowers Who Refinanced in 2013 Made Huge Savings in Interest

Freddie Mac recently released the results of its fourth quarter 2013 quarterly refinance analysis, showing that borrowers are continuing to take advantage of near record low mortgage rates to lower their monthly payments, shorten their loan terms and overwhelmingly choosing the safety ...


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