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Real Estate News Archive


Make It There – You’ll Make It Anywhere

RISMEDIA, July 9, 2011—Having attended the NAR Midyear meetings in D.C. this past May and keeping my ear close to the street on the mobile buzz, it seems to me that there are still those that doubt the viability of QR codes. Are they a phase/craze? Will they be obsolete ...


HUD and Louisiana Announce Settlement Agreement to End Legal Challenge to Road Home Program

RISMEDIA, July 9, 2011—Homeowners living in Cameron, Orleans, Plaquemines, and St. Bernard Parishes may be eligible for additional compensation under Louisiana’s Road Home Program under the terms of a settlement agreement announced yesterday by the U.S. Department of Housing and Urban Development (HUD), the State of Louisiana and plaintiffs in ...


Consumer Financial Protection Bureau is Ready to Debut

RISMEDIA, July 8, 2011—The Dodd-Frank Wall Street Reform and Consumer Protection Act has many components and one of the biggest ones is about to debut. The Consumer Financial Protection Bureau (CFPB) is slated to start operations on July 22, 2011. ...


Commercial/Multifamily Real Estate Markets Show the Turn of the Real Estate Cycle

RISMEDIA, July 8, 2011—The Mortgage Bankers Association (MBA) released its Commercial Real Estate/Multifamily Finance Quarterly Data Book for the first quarter of 2011. First quarter data on the commercial real estate markets show the natural effects of the turn of the real estate cycle. Broader economic indicators were positive in ...


Seven Out of 10 Renters Say Owning a Home Is a Top Priority

RISMEDIA, July 8, 2011—Most Americans still believe that owning a home is a solid financial decision, and a majority of renters aspire to homeownership as a long-term goal. According to the 2011 National Housing Pulse Survey released recently by the ...


CENTURY 21 Award Showcases Company Pride at Market Connect 2011

RISMEDIA, July 8, 2011—Agents from CENTURY 21 Award recently attended Market Connect 2011, held annually by the franchise to provide its members the chance to learn about relevant real estate industry trends, hear from special guest speakers, and showcase company pride. The 2011 celebration was particularly memorable as CENTURY 21 ...


First Team® Real Estate Opens News State-Of-The-Art Office in Mission Viejo

RISMEDIA, July 8, 2011—First Team Real Estate recently announced the grand opening of a new, state-of-the-art office in Mission Viejo. The facility features several technological innovations, including five flat screen monitors for property and community presentations. It also includes a 1,100-square foot conference and training room that will house agent ...


The Long Song of Technology: Does Your Voice Make the Cut?

RISMEDIA, July 7, 2011—Leading economists agree that 122 million Americans between the ages of 16 and 46 dictate the growth and success of the US and Global economy. This group has become labeled as the “Economic Influencers.” Professionals in ...


Making the Most of Seller Contributions: Not Just for Closing Costs Anymore

When it comes to seller contributions, the real estate and mortgage industries are well overdue for a new way of thinking. That’s because the majority of agents (and buyers and loan officers, too) simply think the only use for seller contributions is to cover closing costs, and that means you’re ...


Freddie, Fannie Delinquencies Down a Full Point

RISMEDIA, July 7, 2011—The percentage of seriously delinquent mortgages—those that are 90 days past due or in foreclosure—held by Fannie Mae and Freddie Mac have fallen more than a point in the last year. ...


Mortgage Marvel Rate Trends Shows Jump in 30-Year Fixed Rates

RISMEDIA, July 7, 2011—Mortgage Marvel Rate Trends™, a daily survey of over 950 lenders, shows 30-year, fixed rates bouncing up 0.15% to 4.78% after setting a new six-month low last week. ...


FHA Issues Condominium Policy Mortgage Letter

RISMEDIA, July 7, 2011—The Federal Housing Administration (FHA) recently published updated condominium policy guidelines and instructions that clarify the approval and recertification process and policies for condo projects. FHA's mortgagee letter includes a Condominium Policy Guide and Implementation Schedule identifying timelines for lenders to comply with the guidelines. ...


First Team® Real Estate Awards Yorba Linda Office For Biggest Leap in 2010 Luxury Home Sales

RISMEDIA, July 7, 2011—First Team Real Estate, one of the leading real estate firms in Orange County and all of Calif., presented its Yorba Linda office with an award for the highest percentage increase in luxury home sales in 2010 over 2009 among the company’s 40 branches. The honor was ...


RE/MAX Properties, Inc. Offering Free Training in HUD Sales to All Agents

RISMEDIA, July 7, 2011—How do you navigate the changing way that HUD sells homes? That was the question that RE/MAX Properties, Inc. in Colorado Springs asked and answered when they hosted How to Sell HUD Homes with Richard Talley, President of American Title Services out of Denver. ...


Prices Rise for Second Consecutive Month

RISMEDIA, July 6, 2011—Hours after the National Association of REALTORS® announced an 8.2 percent jump in May prices, CoreLogic confirmed its May numbers show a second consecutive month-over-month increase. ...


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