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Real Estate Information Archive


Rates on New Home Loans Still Rising

In September, interest rates on conventional mortgages used to purchase newly built homes increased for the fourth month in a row, according to data released today by the Federal Housing Finance Agency (FHFA). ...


REALTORS® Advocate Housing Finance System Overhaul That Protects Taxpayers and Access to Credit

As lawmakers debate how best to reform the secondary mortgage finance market, they must ensure that any new system retains access to safe, secure and affordable sources of mortgage capital for creditworthy consumers in all market conditions or risk a major disruption ...


CFPB Files Suit under RESPA for Alleged Kickbacks to Affiliated Businesses

Last week, the Consumer Financial Protection Bureau announced that it filed suit against a Kentucky law firm, Borders & Borders, PLC, and its principals, alleging that the defendants violated Section 8 of the Real Estate Settlement Procedures Act (RESPA) by creating a network of Affiliated Business Arrangements (ABAs) to pay ...


RE/MAX Officer Honored by Children’s Miracle Network Hospitals® for Charitable Leadership

Mike Reagan, RE/MAX Senior Vice President, Business Alliances, has been awarded the 2013 Corporate Person of the Year by Children’s Miracle Network Hospitals® (CMN Hospitals), the company has announced. This award honors individuals who embody the passion and dedication it takes to support the needs of sick and injured children. ...


Then and Now: A Decade of Technology in Real Estate

More buyers than ever are taking advantage of the latest technology and online tools to search for a place to call home. As a result, REALTORS® are leveraging new technologies to better assist their more tech savvy clients. A 10-year history of ...


New-Home Construction: Get Ready for the Next Wave in Real Estate

NAR PULSE—The Real Estate Buyer’s Agent Council (REBAC) is set to launch its newly updated New-Home Construction and Buyer Representation Course in San Francisco on Nov. 7th during the 2013 REALTORS® Conference & Expo. The course focuses on the complexities of working ...


Home Warranties Provide an Added Edge

With nearly a quarter century of experience in the real estate industry under his belt, real estate professional Dave Abdallah has gone from being a staunch skeptic of home warranties to one of the nation’s top selling advocates of the diverse protection ...


The Agent Funnel: Recruiting Tomorrow’s Agent with Today’s Technology

When I was a young boy I learned how to fish by baiting a hook and dropping the line in the water, and then patiently wait for the fish to come to me. ...


HUD Announces Additional $5 Billion in Recovery Funds for Those Impacted by Sandy

One year after Hurricane Sandy devastated coastal communities in the Northeast, the U.S. Department of Housing and Urban Development (HUD) has allocated a combined $5 billion through a second round of recovery funds to five states and New York City. Provided through HUD’s Community Development Block Grant (CDBG) Program, these ...


Pricier Properties Lead the Recovery

More than 11 percent of homes sold over the past 12 months had a sales price over $500,000, sales growth was highest among homes in above-median-priced categories not entry level starter homes according to a new analysis by an economist at the ...


No More Losing Leads: The Five Minute Rule and Acquisition of FiveStreet

For years now, we have talked about the issue of losing leads because of the time it takes to respond quickly. In reality, five minutes of waiting for a response can still be too long considering a competing listing is just one click away. ...


Reverse Mortgage Program Gets a Makeover

(MCT)—Last month, the Federal Housing Administration announced a series of sweeping changes in its reverse mortgage program, most of which have already taken effect. The changes are a response to increasing losses suffered by the FHA in connection with the extensive misuse ...


RE/MAX Taps Qualtrics for Real-Time Customer Engagements

RE/MAX has selected Qualtrics, an enterprise survey technology provider, to empower its global real estate business with a customer insight solution that allows rapid response to consumer demands. RE/MAX uses Qualtrics Research Suite to collect, analyze and act on voice of the customer data from stakeholders, including its customers, brokers ...


Luxury Portfolio International Selected as Finalist for Overseas Property Professional Awards

Luxury Portfolio International® has been selected as a finalist for the Overseas Property Professionals (OPP) Awards for Excellence in the categories of Best Supporting Service and Best Online Service. ...


How Regional Real Estate Leaders are Capturing Business in the Recovery

Nationally speaking, the real estate recovery has taken a firm hold, to the point of inventory shortages and bidding wars in many locations across the country. However, regional scenarios vary greatly, demonstrating unique market trends that must be tapped in order to ...


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