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Real Estate News Archive


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 ...


Fannie Mae Issues Servicing Standards for Delinquent Mortgages

RISMedia, June 9, 2011—Fannie Mae recently issued new standards for mortgage servicers regarding the management of delinquent loans, default prevention and foreclosure time frames under the Federal Housing Finance Agency's Servicing Alignment Initiative. The new standards, reinforced by new incentives and compensatory fees, require servicers to take a more consistent ...


HUD Announces $3.6 Million Available to Help Communities Plan for Next Generation of Neighborhood Revitalization

RISMedia, June 9, 2011—The U.S. Department of Housing and Urban Development announced recently that $3.6 million in Choice Neighborhoods Planning Grants will be awarded in fiscal year 2011 to assist in the transformation, rehabilitation and preservation of public housing and privately owned HUD-assisted housing. ...


Working On-the-Go: Achieving Success with the Lowe’s Program for REALTORS® Mobile App

RISMedia, June 9, 2011—In an industry reliant on progressive communication and efficiency, it is no secret that agents and brokers should utilize the best and latest technologies to set themselves up for success. With help from the Lowe’s Program for REALTORS®, members of the National Association of REALTORS® (NAR) are ...


Xplode Orlando to provide Free Mobile Marketing Packaged Solution to All Attendees

RISMEDIA, June 9, 2011—Mobile Real Estate ID heads to Orlando this week to speak about how mobile solutions are enhancing the real estate industry, the company has announced. The Xplode Real Estate Technology Conference boasts to give $45,000 in mobile marketing solutions to event attendees. Mobile Real Estate, a New ...


Market Snapshot: A Ray of Sunshine in the Northeast

RISMedia, June 8, 2011—At a time when new home construction in the Northeastern region of the United States has dropped by more than half since 2007, according to the National Association of Home Builders (NAHB), there is at least one ...


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

RISMedia, June 8, 2011— This week’s headlines from the NATIONAL ASSOCIATION OF REALTORS® include: free samples of a customized brochure from NAR’s Print On Demand Service, purchase a select Dell PC and receive a free XBOX360 4GB, and volunteering works announces winners. For more information visit www.REALTOR.org. ...


HUD Provides $15 Million in Rental Assistance to Help Nearly 2,000 Families Stay Together

RISMedia, June 8, 2011—In 2009, an estimated 423,773 children lived in foster care in the U.S., as case workers helped to reunite them with their families or primary caregivers. Recently, the U.S. Department of Housing and Urban Development (HUD) announced nearly $15 million to help public housing authorities reunite foster ...


Freddie Mac Announces Structured Pass-Through Certificates Backed only by 7-Year Multifamily Mortgages

RISMedia, June 8, 2011—Freddie Mac (OTC: FMCC) announced recently its second offering of Structured Pass-Through Certificates ("K Certificates") backed only by multifamily mortgages with a 7-year term. The company expects to offer approximately $1.0 billion in K Certificates ("K-702 Certificates"), which are expected to price the week of June 6, ...


‘Catfish’ Recovery Out-Swims Case-Shiller

RISMedia, June 8, 2011—New listing prices, which lead transactions by three to six months, are already up 8.7 percentage points over the March trough, an indication that sellers are pricing more confidently, says Scott Sambucci, vice president of market analytics ...


Prudential Northwest Properties Recognized for Excellence by SIRVA

RISMedia, June 8, 2011—Prudential Northwest Properties President Bert Waugh, Jr., announces the company’s Relocation Division has received the SIRVA Preferred Broker Network’s “Best Partner” Award for 2010 performance. The award was announced during the 2011 National Employee Relocation Conference in Las Vegas, Nevada. ...


MRIS Announces Alliance with ShowingTime

RISMedia, June 8, 2011—ShowingTime, one of the real estate industry’s leading showing management technology providers, announced recently that Metropolitan Regional Information System (MRIS)—the largest MLS in the nation with 45,000 customers—has selected ShowingAssist to help customers manage showings directly through the MLS. The system is planned for implementation in the ...


How Short Sales Can Be the Top Clique in Real Estate

RISMedia, June 7, 2011—As time goes on, the landscape of our real estate industry is beginning to look more and more like a high school campus. We have cliques, and whichever one is on top at the time looks down ...


Rand On Real Estate: The Pros and Cons of Investing in Phoenix

RISMedia, June 7, 2011— 77WABC Radio in New York is featuring “Rand on Real Estate,” a talk show hosted by OwnAmerica CEO Greg Rand that focuses on building wealth in the greatest asset class known to mankind—American housing. In this segment, Rand takes a call from a homeowner ...


Building a Level of Trust through Education

RISMedia, June 7, 2011—Having received his real estate license shortly after he turned 18 and entering the real estate industry right out of college, Chad Rogers, a real estate agent in Beverly Hills, Calif. is dedicated to educating buyers and sellers on the realities of today’s market. “Now more than ...