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Real Estate Information Archive


U.S. Homes Gain $1.9 Trillion in Value in 2013; Largest Gain Since 2005

Homes nationwide are expected to gain almost $1.9 trillion in cumulative value in 2013, the second consecutive annual gain and the largest since 2005, according to an analysis of Zillow® Real Estate Market Reports. ...


Staying Consistent

When it comes to delivering consistent service to clients—both buyers and sellers—every company has their own method. In the following interview, George and Jim Wallce of Coldwell Banker Wallace & Wallace, REALTORS® in Knoxville Tenn., give us insight into their tactics for remaining reliable. ...


Luxury Market Trends Upward

“There’s no question that the luxury market is back, and one of the biggest trends we’re seeing is cash,” says Stephanie Pfeffer-Anton, Executive Vice President for Luxury Portfolio International®. Read on for more industry insights. ...


Mortgage Changes to Know in 2014

The New Year is almost here, and with it comes a bevy of legal and regulatory changes, especially for the mortgage industry. To help potential homebuyers understand how the changes will affect their mortgage processes, Don Frommeyer, CRMS, President of NAMB (The ...


Plan Would Reduce Fannie, Freddie Loan Limits to $400,000 in Most Markets

(MCT)—The Federal Housing Finance Agency (FHFA) on Monday detailed a plan to reduce the size of home mortgages that Fannie Mae and Freddie Mac could purchase. ...


FNC Index: October Home Prices Up; Pace Slows

U.S. home prices continue to rise in October despite signs of decreasing mortgage and home sale activity. The latest FNC Residential Price Index™ (RPI) shows October home prices are up, albeit at a slower pace than previous months. The index, constructed to gauge underlying property value based on non-distressed home ...


Mortgage Applications Decrease in Latest MBA Weekly Survey

Mortgage applications decreased 5.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending December 13, 2013. ...


Hiding Christmas Presents Is a Gift

(MCT)—I have perfected the art of hiding Christmas gifts. I can hide them so well that not even I can find them. ...


Drone-Mounted Video Camera Provides Bird’s Eye View of Listings

RE/MAX broker Scott Gerami of Naperville, Ill., is a self-described “gadget guy.” So about a year ago, when he saw a YouTube video taken by a tiny video camera mounted on a drone, he was fascinated. ...


RE Technology Welcomes New Manager of Business Development

The real estate technology leaders at RE Technology recently announced the appointment of Jason Raya as Manager of Business Development. Raya will be maintaining the company's key relationships with advertisers and technology partners and onboarding new companies to the portal. ...


Mortgage Returns Experiences Growth and Expands Service Offerings in 2013

Mortgage Returns, a provider of TRUE CRM technology and automated marketing solutions for the mortgage industry, announced the company has enhanced its service offerings in 2013. Enhancements include the launch of its TRUE CRM Educational Initiative, which trains lenders to increase the effectiveness of marketing campaigns and strengthen relationships with ...


Builder Confidence Rises Four Points in December

Builder confidence in the market for newly built, single-family homes improved four points to a 58 reading on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for December, released recently. This gain reflected improvement in all three index components ...


Home Values in Metro Chicago Real Estate Market

Regional Spotlight—Home values in the seven-county metro Chicago real estate market extended their upswing in November, according to an analysis by RE/MAX. The median sales price of all attached and detached homes closed in November was $170,000, a 10 percent increase over the median price a year earlier. That compares ...


Published FHA Loan Limits Show Large Declines for 2014

Loan limits for mortgages backed by the Federal Housing Administration (FHA) were scheduled to fall in 2014 due to the expiration of increased limits set during the housing crisis. However, the magnitude of change for the published limits has caught many by surprise. ...


Living Smart: Handyman vs. Contractor

(MCT)—Whom should you hire: handyman or general contractor? ...


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