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Luxury Real Estate Archive


NCOA Brochure and Assessment Tools Now Required for Those Seeking Reverse Mortgages

RISMEDIA, August 9, 2010—The U.S. Department of Housing and Urban Development (HUD) now requires all HUD-approved reverse mortgage counselors to provide their clients with the National Council on Aging's (NCOA) 28-page consumer booklet on reverse mortgages. In addition, counselors must ...


Regional Spotlight: Connecticut Single-Family Home, Condo Sales Soar in June 2010

RISMEDIA, August 6, 2010—Single-family home sales in Connecticut surged 33% in June 2010 compared to a year earlier, while the median home price climbed for the seventh straight month, according to a new report by The Warren Group, publisher of The Commercial Record. ...


Today’s Featured Listing: Private Home with Fantastic Views

RISMEDIA, August 6, 2010—This new European, Tuscan-style luxury home in a gated community in Alajuela, Costa Rica is being listed by Top 5 Members Carla Rayman and Patricia Tan with Prudential Palms Realty. The home’s interior design is dominated ...


Pending Home Sales Ease in Post-Tax Credit Market

RISMEDIA, August 5, 2010—Pending home sales edged down with near-term sales expected to be notably lower in contrast to the spring surge when buyers rushed to take advantage of the home buyer tax credit, according to the National Association of ...


Next On NAHREP Talk Radio: The Long-Term Impact of Foreclosure and the Housing Crisis on Latino Families, Children

RISMEDIA, August 5, 2010—Experts estimate that more than 1.3 million Latino families will lose their homes to foreclosure between 2009 and 2012. The financial setback and emotional blow from foreclosure is particularly devastating for Hispanic families who have little to fall back on. ...


Fannie Mae Launches ‘Know Your Options’ Online Resource to Educate Struggling Homeowners

RISMEDIA, August 4, 2010—Fannie Mae announced the launch of KnowYourOptions.com, a new consumer education website that outlines the choices available to homeowners who are struggling with their mortgage payments and high mortgage rates, and provides guidance on how they can ...


Mortgage Rates Hit New Low, Are Buyers Responding?

RISMEDIA, August 3, 2010—(MCT)—The 4.5% fixed-rate mortgage is here, although more than 14 months late. That magic number, or a close approximation, was reached recently, when Freddie Mac reported a 30-year rate of 4.54%. The possibility first arose in early ...


5 Smart Reasons to Buy a Home Now

RISMEDIA, August 2, 2010—The economy is stabilizing and home prices are holding. It's not just as good a time as ever to buy a house—it's one of the best times ever. ...


Pricing Your Kitchen Remodel – 5 Factors to Keep in Mind

RISMEDIA, July 31, 2010—Homeowners who are looking to remodel their kitchen should keep the following factors—that can significantly affect the price of their remodel—in mind as they begin to make plans to upgrade their kitchen. ...


Real Estate Incentives Out of Style among Price-Focused Shoppers

RISMEDIA, July 30, 2010—(MCT)—Government cash didn't help John Foley and Cindy Case sell their Minneapolis house before the federal home buyer's tax credit expired at the end of April, so the couple decided to take matters into their own hands. ...


Today’s Featured Listing: Immaculate Family Home in Opulent Neighborhood

RISMEDIA, July 30, 2010—Nestled in the premier community of Coronado Village in the vibrant and affluent city of Coronado, California, this completely remodeled 2,700-square-foot family home has three bedrooms, three bathrooms, a spacious kitchen with a long bar ...


Property Taxes 101 – Saving Money and Making Cents of Assessments

RISMEDIA, July 29, 2010—Property owners prepared with research and information can save thousands of dollars on their property taxes. Following the simple steps outlined by Barry Sharpe, President of South Florida-based Property Tax Appeal Group (P-Tag), one can help property ...


Moving Season: Book Early and Be Prepared

RISMEDIA, July 28, 2010—The van line community lost a lot of drivers during the economic downturn, and that is creating a backlog this summer as van lines are unable to keep up with demand. In some cases, families are being ...


New-Home Sales Bounce Back from Record Low in June

RISMEDIA, July 28, 2010—Coming off an historic low in May, sales of newly built, single-family homes rose 23.6% to a seasonally adjusted annual rate of 330,000 units in June 2010, according to U.S. Commerce Department data. ...


California Tops Regions Where Homes Sell Most Over List Price, According to ZipRealty’s Home Hunter Report

RISMEDIA, July 27, 2010—Despite slowdowns in home sales across the country, California is still the nation’s hottest spot for home buying activity, with homes fetching multiple offers and selling above list price, according to the Q2 2010 Home Hunter report released by ZipRealty. ...


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