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Luxury Real Estate Archive


Foreclosure Upgrades Improve Neighborhoods One House at a Time

RISMEDIA, January 21, 2011—(MCT)—Torrey Warship had never owned a home—until the mortgage foreclosure crisis. Through a federal program to renovate foreclosed homes, the public works laborer bought his first house in Waukegan, Ill., for $138,000. He moved his family out of an apartment and into a two-story, two-bedroom, 2-and-a-half-bath home ...


Top 5 Home Improvement Projects Based on Average Cost and Return on Investment

RISMEDIA, January 20, 2011—HomeGain.com, a website to offering Web-based, free instant home values, announced that it has released the results of its nationwide home improvement and home staging Home Sale Maximizer survey. ...


Builders Expect Home Sizes to Keep Shrinking

RISMEDIA, January 18, 2011—(MCT)—Homebuilders are thinking smaller. They've cut the average size of new houses and expect it to shrink more over the next few years. "Most builders will build smaller and lower-priced homes in 2011," said Rose Quint, a researcher with the National Association of Home Builders. "Our experts ...


Top Ten Most Searched Real Estate Markets in 2010

RISMEDIA, January 12, 2011—While many real estate markets in 2010 experienced extraordinary highs and lows in response to tax credits, low interest rates and price swings, consumer interest in real estate remained consistent. Las Vegas and Los Angeles came in ...


What Home Buyers Can Expect from the Real Estate Market in 2011

RISMEDIA, January 7, 2011—(MCT)—The drumbeat from the housing community was loud and clear in 2010: There was never a better time to buy a home. For most of the past 12 months, home prices tumbled, mortgage rates ticked downward, and ...


Do-It-Yourself Interior Painting Is Like Money in the Bank

RISMEDIA, April 22, 2011—Trying to decide whether to do some home remodeling this year or leave your money in the bank? You can do both if you remodel with paint. “The cost of do-it-yourself interior painting is so low, it’s almost like remodeling without touching your bank account,” says Debbie ...


Bringing a New Approach to the American Dream – How Radian Stands Up for Homeownership

RISMEDIA, January 4, 2011—If you’ve been in the real estate industry for a long time, probably the last place you’d expect to see Brien McMahon is standing amidst a sea of pink flamingos. But McMahon is making a statement here. ...


Extended Families Come Together Under One Roof to Make Ends Meet

RISMEDIA, December 30, 2010—(MCT)—Morning begins in the Grisso household with the coffee maker grinding beans at 6:07, churning with the same grating sound as a fork spinning in a sink disposal. The eight occupants of the house stir. Two grandparents float into the kitchen and head to work, taking the ...


New Federal Program Provides Nearly 73 Million Dollars in Counseling Grants to Help Families Find and Keep Housing

RISMEDIA, December 29, 2010—In an effort to help families find decent housing and to prevent future foreclosures, the Obama Administration announced nearly $73 million in housing counseling grants to more than 500 national, regional and local organizations. As a result ...


Real Estate Agents Reviewing Safety Precautions in Wake of Ohio Crimes

RISMEDIA, December 28, 2010—(MCT)—In response to the recent crimes against real-estate agents in the Youngstown and Kent, Ohio, areas, local real-estate brokers are reviewing safety precautions for their agents. These incidents remind all agents nationwide to review safety procedures when showing vacant homes. ...


December Housing Scorecard Shows Continued Home Affordability

RISMEDIA, December 27, 2010—The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury released the December edition of the Obama Administration’s Housing Scorecard. The latest housing figures show continued home affordability in the housing ...


Existing-Home Sales Resume Uptrend with Stable Prices

RISMEDIA, December 23, 2010—Existing-home sales got back on an upward path in November 2010, resuming a growth trend since bottoming in July, according to the National Association of REALTORS®. Existing-home sales, which are completed transactions that include single-family, townhomes, condominiums ...


Economic Growth Poised to Kick into Higher Gear by Second Quarter of 2011, According to Fannie Mae’s Economics and Mortgage Market Analysis Group

RISMEDIA, December 22, 2010—Improvements in consumer spending and consumer confidence, increased demand for goods and services, and falling unemployment claims are all positive factors for a brighter outlook as we move into 2011, according to the December 2010 Economic Outlook released by Fannie Mae's Economics & Mortgage Market Analysis Group. ...


The Truth About Home – Connecting with Today’s Buyers and Sellers

RISMEDIA, December 21, 2010—According to the American Heritage Dictionary, home is defined as “To the very center. To be guided to a target automatically.” In this challenging housing market, consumers still want a home as the centerpiece of a good ...


Homes Made Famous in Favorite Holiday Movies

RISMEDIA, December 20, 2010—As the decorations go up and the temperatures go down, winter is the perfect time to cozy up and indulge in a holiday movie marathon. While the Whos in Whoville and elves in Santa’s workshop live happily in our imagination, there is a plethora of real-life locations ...


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