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Real Estate News Archive


Regional Spotlight: Favorable Prices Motivate Bay Area Homebuyers

RISMEDIA, July 23, 2011—Investors bearing cash and traditional home buyers confident about their jobs took advantage of some of the most favorable home prices in years during the second quarter of 2011, sparking double-digit increases in the number of homes sold compared with the prior quarter in all nine San ...


Zillow Far Exceeds IPO, Closes Higher – What Next?

RISMEDIA, July 22, 2011—(MCT/RISMedia)—Real estate listing service Zillow had a positive day Wednesday when its initial public offering price of $20 a share far exceeded expectations as it began trading July 20 at $60 a share, 200% above the listing price. The IPO had already gone well above the $12-to-$14 ...


Public Misled by National Real Estate Indexes, William Raveis’ Data Paints Clearer Picture of Key Housing Trends

RISMEDIA, July 22, 2011—Home values have fallen dramatically since 2006. The New York Times recently referred to Case-Shiller’s national index, stating 20 large cities slumped for the 7th month in a row in February. The Joint Center for Housing Studies of Harvard Review dwelled on the excess inventory on the ...


July 2011 U.S. Economic and Housing Market Outlook

RISMEDIA, July 22, 2011—Freddie Mac (OTC: FMCC) recently released its U.S. Economic and Housing Market Outlook for July showing the housing market, buffeted by a recovering rental sector, is unlikely to experience a "double dip," and will likely follow the ...


Maponics Surpasses 300,000 Neighborhood and Subdivision Boundaries

RISMEDIA, July 22, 2011— Maponics, a provider of location-based data, has announced a new release of Maponics Neighborhood Boundaries TM, which contains more than 150,000 neighborhoods worldwide. With the launch last month of Maponics Subdivision Boundaries TM, Maponics combined databases of neighborhoods and real estate subdivisions have grown to more ...


Accenture Executive Joins Goomzee Management Team

RISMEDIA, July 22, 2011— Goomzee Corporation, one of the leading mobile technology startups servicing real estate professionals in the U.S., has announced that former Accenture executive, Cereta Wills-Brown, has joined Goomzee's management team as a senior project manager. Wills-Brown will be leading Goomzee's software engineering team, professional services deployments and ...


MLSs Taking Control of Destiny – a Plea, an Observation, a Call to Arms

RISMEDIA, July 21, 2011—Some 15 years ago, I read the book Control Your Own Destiny or Someone Else Will, a showcase of Jack Welch’s leadership and turnaround of GE. Like him or not, the book is full of anecdotes, leadership ...


ICBA Comments on Dodd-Frank: One Year Later

RISMEDIA, July 21, 2011—As the Dodd-Frank Wall Street Reform and Consumer Protection Act approaches its one year mark, the Independent Community Bankers of America (ICBA) is working on behalf of the nation’s more than 7,000 “Main Street” community banks to minimize negative regulatory effects and is advocating for legislation that ...


Regional Spotlight: Midwest REALTORS Now Able to Search by Percentage of Price Change

RISMEDIA, July 21, 2011—Midwest Real Estate Data (MRED) announced recently that a number of new fields have been added to its connectMLS™ system to improve the ability of its real estate professionals to effectively search the largest active listing database in the country. Other upgrades to the system were also ...


Couple Documenting a House Flipping Business and Revealing the True Work Involved

RISMEDIA, July 21, 2011—"This business is a people business and I don't know many people who would want to meet with and sell their house to someone working in their pajamas," states Danny Johnson, a full-time house flipper in San ...


Luxury Portfolio International Measuring Affluent Consumer Preferences

RISMEDIA, July 21, 2011—Luxury Portfolio International™ recently released a White Paper titled “How Today’s Highly Affluent U.S. Consumer Selects Luxury Real Estate Associates and Brokerages.” The paper, a result of a study conducted by Harrison Group on the luxury real estate market, focuses on affluent American consumer’s wants and needs ...


LPS Real Estate Group Powers Consumer-Facing Website for the Real Estate Board of NY

RISMEDIA, July 21, 2011—LPS Real Estate Group, a division of Lender Processing Services (LPS), announced recently that its MLS Portal was chosen by the Real Estate Board of New York (REBNY) to serve as the platform for its newly launched consumer-facing website, NY1Residential.com, a re-launch of REBNY’s existing New York ...


Regional News: Housing Trust Fund Receives Federal Grant

RISMEDIA, July 21, 2011—(MCT)—A countywide organization that promotes below-market-price housing has received a $600,000 grant from the federal government. ...


QR Codes: What’s Your Strategy?

RISMEDIA, July 20, 2011—(EMC)—There is no doubt that you see QR codes everywhere these days—in ads, magazines, posters, etc. They offer exciting opportunities for delivering information quickly to people that are mobile. They also provide a quick and easy way ...


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

RISMEDIA, July 20, 2011—This week’s headlines from the NATIONAL ASSOCIATION OF REALTORS® include: get more results from Facebook with NAR’s new “Social Media for REALTORS®: Facebook Guide”, a small-but-mighty offer from HP, and the SRES® Course on REALTOR® University is completely revised. For more information visit www.REALTOR.org. ...


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