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Real Estate News Archive


Negative Equity Ducks a Bullet

RISMedia, June 13, 2011— Despite double dipping to their lowest levels since 2009, housing prices in the first quarter failed to drive up the percentage of homeowners who are underwater on their mortgages. In fact, modest reductions in the number of homeowners who owe more on their mortgages than their ...


Mortgage Rates Move Lower Following Weak Jobs Report

RISMedia, June 13, 2011— Freddie Mac (OTC: FMCC) recently released the results of its Primary Mortgage Market Survey® (PMMS®), which showed weaker than expected job growth in May pushing both fixed and adjustable-rate mortgages to new lows for the year. The 30-year fixed averaged 4.49 percent and the 15-year averaged ...


Obama Administration Releases May Housing Scorecard Featuring New Making Home Affordable Servicer

RISMedia, June 13, 2011— The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury recently released the May edition of the Obama Administration's Housing Scorecard. New to this month’s report are detailed assessments for the 10 largest mortgage servicers participating in the Administration’s Making ...


Design Social Media Conversations to Solve Customers’ Problems

RISMedia, June 13, 2011— (EMC)—The simple fact is that the gurus are wrong: Social media marketing isn't a revolution, it's a chance at evolution. ...


Adversity Gives You Strength

RISMedia, June 11, 2011—How can you stay self-motivated and productive in the midst of turbulent times and a sluggish economy? How do you persevere as a salesperson when times are tough and customers seem to be holding on to every ...


HUD Secretary Announces Disaster Assistance for Illinois Storm Victims

RISMedia, June 11, 2011—U.S. Housing and Urban Development Secretary Shaun Donovan recently announced HUD will speed federal disaster assistance to the State of Illinois and provide support to homeowners and low-income renters forced from their homes following severe storms and flooding during the month of April. ...


Real Estate and Living Media and Smarter Agent Form Strategic Relationship

RISMedia, June 11, 2011—The Real Estate and Living Media (REALM) Network, the online advertising service of the LPS Real Estate Group, recently announced a strategic media relationship with Smarter Agent, a leading mobile real estate application provider. This partnership enables the REALM network to expand its offerings beyond its many ...


Owning a Home Essential to the American Dream, Survey Shows

RISMedia, June 10, 2011—Despite the ups and downs of the housing market, home owners and non-owners alike consider owning a home essential to the American Dream. ...


REALTORS Support Legislation for Comprehensive GSE Reform

RISMedia, June 10, 2011—The National Association of REALTORS® supports comprehensive reform of America's housing finance market that protects taxpayers and ensures the availability of affordable mortgage credit today and into the future. ...


Changing the Landscape of Commercial Real Estate Technology

RISMedia, June 10, 2011—The National Association of REALTORS® (NAR) is impacting the commercial real estate industry with technology initiatives that will change the landscape of Web-based services. NAR is bringing together these components to deliver a comprehensive solution for commercial practitioners: CommercialSource.com, ePropertyData (ePD), Real Estate Transaction Standards (RETS), Realtors ...


Mortgage Applications Decrease in Latest MBA Weekly Survey

RISMedia, June 10, 2011—Mortgage applications decreased 0.4 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 3, 2011. This week's results include an adjustment to account for the Memorial Day holiday. ...


LendingTree Weekly Mortgage Rate Pulse Reports Rates Continue to Fall

RISMedia, June 10, 2011—Average mortgage rates fell week-over-week according to the LendingTree Weekly Mortgage Rate Pulse, which tracks the lowest and average mortgage rates offered by lenders on the LendingTree network. ...


Zillow Launches Zillow Mortgage Marketplace iPhone App

RISMedia, June 10, 2011—Zillow, a leader in mobile real estate, recently launched the Zillow Mortgage Marketplace iPhone App, bringing the innovative loan shopping experience of Zillow Mortgage Marketplace to mobile. ...


Advanced Education and Professional Certifications

RISMedia, June 9, 2011—With financial institutions tightening lending standards and requiring more from home buyers, consumers are asking more from their agents than ever before. And in response, many agents and brokers are pursuing advanced education and professional certifications to ...


High Gas Prices Push Homebuyers to Go Green

RISMedia, June 9, 2011—In cities like Los Angeles, where the car is king, the thought of commuters leaving their automobiles behind and opting for public transportation once seemed unimaginable. But CBS Evening News recently reported that Los Angeles commuter rail ...