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Real Estate Information Archive


Builder Confidence Rises Two Points in August

Builder confidence in the market for newly built, single-family homes rose two points to 55 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for August, released this week. This third consecutive monthly gain brings the index to its highest level since January. ...


Affordability Approaches Pre-2004 Norm as Prices Firm

Housing affordability dipped slightly in the second quarter of 2014 as several markets saw a firming of home prices, according to the NAHB/Wells Fargo Housing Opportunity Index (HOI).  Nationwide, the second quarter HOI was 62.6—i.e., 62.6 percent of new and existing ...


Big Mistakes, Bigger Benefits: Brokers Share what Not to Do

While we often hear about the greatest successes of top brokers, we rarely hear about their worst decisions…and the invaluable business lessons they learned as a result. ...


On the Rise: Applications for New Home Purchases

The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for July 2014 shows mortgage applications for new home purchases increased by 2 percent relative to the previous month.  This change does not include any adjustment for typical seasonal patterns. ...


Mortgage Rates Tick Downward

(MCT)--A week of few economic reports helped nudge down mortgage interest rates last week. ...


BHHS Florida Network Realty Makes Moves for Charity

The real estate professionals at Berkshire Hathaway HomeServices Florida Network Realty collected a record 571 backpacks filled with school supplies for children in Northeast Florida during its 15th Annual Backpack Challenge. ...


Setting the Gold Standard in Foreign Exchange

As the world continues to shrink from a global perspective, buyers and sellers alike are setting their sights overseas, making it more crucial than ever before to have a dedicated team by their side to help successfully navigate the home-buying or -selling process. To keep up with this growing trend—and ...


Luxury Portfolio International® Releases Latest Edition of Magazine

Luxury Portfolio International® has published a new edition of its magazine, which is currently available online and will soon be on newsstands in 60+ countries worldwide. The magazine is produced biannually by the luxury real estate network Luxury Portfolio International® and highlights extraordinary homes from around the world and the ...


Gary Sinise Foundation Partners with Carrington to Build Smart Homes for Wounded Veterans

The Gary Sinise Foundation (GSF) recently announced that it has formed a partnership with The Carrington Companies (Carrington) to provide donations and operational support for GSF’s R.I.S.E. (Restoring Independence & Supporting Empowerment) program. As part of the program, GSF is building Smart Homes for America’s most severely wounded service members ...


Global Real Estate Network Names AdWerx as Preferred Provider

Leading Real Estate Companies of the World® has selected AdWerx as a preferred provider through its Solutions Group program, which offers select business tools to its global network of more than 500 real estate firms. ...


Realogy Announces Completion of Cash Tender Offer for Shares of ZipRealty

Realogy Holdings Corp. (NYSE: RLGY) ("Realogy") announced today the completion of the tender offer by Realogy, through its indirect wholly-owned subsidiary, Honeycomb Acquisition, Inc., for all of the outstanding shares of common stock of ZipRealty, Inc. (NASDAQ: ZIPR) ("ZipRealty") at a purchase price of $6.75 per share, net to the seller in ...


Millennials Could Hold the Key to Housing Recovery

(MCT)—Dustin Walsh could’ve bought a house in his 20s, except he saw no point. The 31-year-old had the income, but preferred the financial freedom of renting a room in his cousin’s basement. “With my generation, nobody thinks about their debt and nobody ...


Relocation Directors: Now What!?

Relocation directors are confronted with sweeping changes in their markets and organizations. In times of such exploration and experimentation, we often can best shape our future by understanding our origins and past growth. ...


Price Increases Cool Down in the Summertime

Home prices nationwide, including distressed sales, increased 7.5 percent in June 2014 compared to June 2013 and rose 1 percent over May, setting new highs for 12 states. Despite low rates, investor purchases and tight supplies, prices are expected to slow down to a .07 percent monthly increase in July. ...


Microsoft Donates $2,000 to the Sunshine Kids Foundation for BHHS Select Properties

Berkshire Hathaway HomeServices Select Properties, a provider of residential real estate services to the Greater St. Louis region, earned a $2,000 donation for the Sunshine Kids Foundation through a Yammer contest facilitated by Microsoft. ...


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