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Luxury Real Estate Archive


Housing Market Recovery Depends on Jobs and Access to Credit, Says NAR

RISMEDIA, November 18, 2010—Although the recent trend of rising long-term borrowing rates may mean higher mortgages for consumers in the coming months, the greater obstacles to housing market recovery are job creation and availability of credit, according to a National ...


Tips On How Buyers Can Sift through Housing Inventory Effectively and Efficiently

RISMEDIA, November 17, 2010—Five years ago, a serious buyer who was pre-approved for a mortgage loan typically spent three to four weeks looking for a home and usually visited 15-20 homes. Now the search can take much longer with the ...


NAR Pulse: This Week’s Top Stories from the NATIONAL ASSOCIATION OF REALTORS

RISMEDIA, November 17, 2010—This week’s headlines from the NATIONAL ASSOCIATION OF REALTORS® include: a no cost field guide to real estate transfer taxes from NAR’s Right Tools, Right Now initiative; an exclusive offer for REALTORS® on an advanced identity protection service from REALTOR Benefits® Partner, IdentitySecureSM; and NAR is extending ...


Well-Kept Yards Signal Neighborhood Safety, Suggests New Relocation Survey

RISMEDIA, November 16, 2010—A new survey conducted by Relocation.com finds that 75% of Americans believe the most important factor in determining a neighborhood's safety is the up-keep of surrounding homes, especially the conditions of the front lawns, which trumps even Googling neighborhood statistics to get a feel for a community. ...


Third Quarter Metro Area Home Prices Hold during Post-Credit Sales Decline

RISMEDIA, November 15, 2010—Fully half of the metropolitan areas tracked in the third quarter of 2010 continued to show modest home price increases from a year ago, despite a sharp decline in home sales after the deadline for the home ...


Home Values Near Unprecedented Decline as Hints of Stabilization Wane in Third Quarter

RISMEDIA, November 11, 2010—The United States housing market continued its long decline in the third quarter with home values falling for the 17th consecutive quarter, according to Zillow Real Estate Market Reports. With home values 25% below their June 2006 peak, the current housing downturn is approaching Great Depression-era declines, ...


San Francisco Bay Area Market Report: Median Home Price Rises Slightly Despite Post-Tax Credit Sales Slowdown

RISMEDIA, November 10, 2010—Slower home sales following the expiration of federal tax incentives for home buyers, a tighter inventory of bank-owned and entry-level properties, and increased activity in several higher-priced markets fueled a slight increase in the median price of ...


Regional Spotlight: Metro Chicago Real Estate Market Registers Solid Nine Month Gain in 2010

RISMEDIA, November 10, 2010—Home sales activity in the metropolitan Chicago real estate market registered a solid gain of 11% for the first nine months of 2010 when compared to the same period in 2009. That was achieved even as third-quarter transaction volume was 22.8% lower than the same period last ...


NAR Buyer and Seller Survey Shows Value of Long-Term Home Ownership

RISMEDIA, November 9, 2010—Home buyers today have affirmed a long-term view of home ownership, the typical seller is experiencing positive returns and the vast majority of home owners see their property as a good investment, according to the latest consumer ...


HUD and NAR Unveil Three How-To Videos to Help Consumers Navigate the Home Buying Process

RISMEDIA, November 8, 2010—Especially in today’s housing market, the prospect of buying a home can seem overwhelming for many Americans who may not be aware of how to begin the process of shopping for a home or even a mortgage. ...


9 Tips for Attracting Off-Season Guests to Your Vacation Home

RISMEDIA, November 6, 2010—It's almost time to start thinking about building fires in the fireplace, bundling up in your warmest sweater, sipping hot cocoa while you watch the snow, and start fretting over that unrented vacation home. While T.S. Eliot may think that April is the cruelest month, for many ...


Renovations Halted by Recession Leave Homes in Limbo

RISMEDIA, November 4, 2010—(MCT)—Ralph and Gloria Dickerson began a $150,000 expansion of their Englewood, N.J., house in 2004. But the work dwindled to a halt several years ago, and foreclosure proceedings were started on the house last year. The property ...


Fed to Take Unusual Stab at Boosting Economy through Quantitative Easing

RISMEDIA, November 3, 2010—(MCT)—The Federal Reserve began a two-day meeting that's expected to conclude with the announcement of an unorthodox plan to spark life into the U.S. economy. The Fed has signaled since August that it'll begin purchasing government bonds ...


Get the Most Out of Your Furniture – How to Check for Comfort and Durability

RISMEDIA, November 2, 2010—(MCT)—When men buy "guy stuff"—cars, lawn mowers, electronics—they're on their home turf. For those purchases, "Men can rely on familiar brand names and test drives to guide their decision-making," says Jackie Hirschhaut, spokesperson for the American Home ...


Half-Built Homes: As Housing Market Continues to Improve, Situation Will Eventually Correct Itself

RISMEDIA, November 1, 2010—(MCT)—Every night before he goes to sleep, Ted Bachrach sets out four rat traps along a construction site next to his well-tended yard. In the morning, Bachrach gets up, makes coffee and removes the traps before he ...


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