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Real Estate Information Archive


January Marked Ninth Consecutive Increase in Home Sales in Connecticut

Regional Spotlight—Single-family home sales in Connecticut rose 2.0 percent in January, according to a new report from The Warren Group, publisher of The Commercial Record. This marks nine consecutive months of home sale increases in the Nutmeg State. ...


CENTURY 21® New Millennium Celebrates Success at Black Tie & Boots Awards Gala

CENTURY 21 New Millennium, one of the DC Metro Region’s largest real estate companies, kicked up its heels in “black ties and boots” Saturday night at the Hilton Mark Center in Alexandria, Virginia as approximately 700 members of the organization came together to honor individual and collective successes, resulting in ...


American Home Shield Acquires HSA Home Warranty

American Home Shield, one of the largest home warranty companies in the nation, recently announced the closing of its acquisition of HSA Home Warranty. Company officials announced in early November that a purchase agreement had been signed and were awaiting final regulatory approval to close the ...


New Generational Trends Study Shows Confidence in Market

Young home buyers remain optimistic and see their home as a good investment, while older buyers are more likely to trade down to a smaller property to match changing lifestyles, according to the 2014 National Association of Realtors® Home Buyer and Seller ...


Distressed Housing Market Shrinks Dramatically in California

Regional Spotlight--Vastly improved home prices over the past five years have changed the landscape of California’s distressed housing market, which is now just a fraction of what it was during the Great Recession, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) found recently. ...


Mortgage Returns Launches Spring Purchase Program

Mortgage Returns, a provider of TRUE CRM technology and automated marketing solutions for the mortgage industry, has announced recently that it has launched its Spring Purchase Program enabling mortgage lenders to increase purchase business and referrals during the upcoming home buying season. ...


Daniel Gale Sotheby’s International Realty Mourns the Passing of D. Kent Gale, Chairman Emeritus

Daniel Gale Sotheby's International Realty is mourning the passing of one of its great leaders, D. Kent Gale, at age 96, on March 6, 2014. ...


American Home Shield Acquires HSA Home Warranty, with Both Brands Focusing on Growth and Market Expansion

American Home Shield, one of the largest home warranty companies in the nation, has announced the closing of its acquisition of HSA Home Warranty. Company officials announced in early November that a purchase agreement had been signed and were awaiting final regulatory approval to close the ...


Normal Market Activity Inches Forward

While the pace may be slow, new industry findings show that the real estate market is indeed moving forward. The Advanced March NAHB/First American Leading Markets (LMI) Index remained unchanged in March at .87 from February but the number of markets considered ...


ERA Real Estate Announces Affiliation of Shorewood REALTORS in Los Angeles County

ERA Real Estate, a global franchising leader, recently announced that LBH National Corp., owned by Roger Herman, has acquired Shorewood REALTORS®, a market leader in Los Angeles County’s South Bay region. The firm will continue to serve Manhattan Beach, Hermosa Beach Palos Verdes, El Segundo and Redondo Beach. Herman is ...


Housing Recovery Expected to Press

Americans’ outlook on housing and the economy has fluctuated somewhat during the past few months, but the trend for most indicators remains positive overall, according to Fannie Mae’s February 2014 National Housing Survey results. ...


Realogy Charitable Foundation Celebrates $22.5 Million in Total Funds Raised and Donated

Realogy Holdings Corp. is celebrating the 10-year anniversary of the Realogy Charitable Foundation this month. Since its inception, the Foundation has raised and donated a total of $22.5 million to more than 1,800 charities. In 2013, the Realogy Charitable Foundation raised and donated $2.4 million to 619 charities, a 28 ...


Enhanced Listings, Maximum Exposure: Broker Preferred Listings Package Provides Increased Visibility

Tony Stephens, chief information officer at Atlanta Communities Real Estate Brokerage, has been in the real estate business since 2001. Prior to entering the industry, Stephens worked as a marketing professional, leading the IT Department and heading up Membership & Marketing for the Georgia MLS. So when he sees a ...


Fixed Mortgage Rates Reverse Course

In recent housing news, Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates moving down following weaker than expected economic and housing news. ...


HUD Releases Proposed 2015 Budget

U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan recently unveiled HUD’s fiscal year 2015 budget proposal. This year The President’s Budget provides a roadmap for accelerating economic growth, expanding opportunity for all Americans, and ensuring fiscal responsibility. The Budget adheres to the 2015 spending levels agreed to in the ...


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