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Real Estate News Archive


New Home Sales in August – Back on Track

In a joint release the Census Bureau and Department of Housing and Urban Development reported that newly constructed single family homes sold at a seasonally adjusted annual pace of 504 thousand in August, up 18 percent from July and 33 percent from August ...


August Existing-Home Sales Lose Steam

As cash investors pull away from the housing market, August's existing home sales also slipped, according to the National Association of REALTORS®. This decline follows four consecutive months of impressive gains. Sales increases in the Northeast and Midwest were outweighed by declines in the South and West. ...


Agent Teams: A Winning Model (or Not)

Real estate agent teams started over a decade ago, and they are stronger than ever. When done right, they can be a win-win-win for all parties. Clients are provided with immediate information, accessibility and service. Brokers see high-quality business growth. Agents are ...


CEO Exchange Exclusive: Zillow CRO and Trulia COO Discuss Trulia Acquisition

The future of Zillow and the acquisition of Trulia was a hot topic at RISMedia’s 2014 CEO Exchange last week, and attendees had a special opportunity to hear from executives from both companies during back-to-back events. ...


Home-Builder Confidence Hits Highest Mark since 2005

Builders’ sentiment jumped four points to 59, the highest level since November 2005, according to the September NAHB/Wells Fargo Housing Market Index. Many of the builders commented on the renewed interest by potential home buyers and higher traffic in their models and through ...


CEO Exchange Exclusive: Master Real Estate Marketers Reveal Their Winning Campaign Tactics

With more options than ever for today’s homebuyers and sellers, appealing to a diverse clientele with a one-size-fits-all marketing plan just won’t cut it. On day two of RISMedia’s CEO Exchange, the industry’s master marketers revealed the campaigns they used to separate themselves from the pack. ...


Final Push on 3 Percent Cap on Fees and Points

In June, the House of Representatives passed H.R. 3211, “The Mortgage Choice Act,” which addresses discrimination against affiliate businesses in the calculation of fees and points under the Qualified Mortgage (QM) safe harbor. H.R. 3211 and its Senate companion, S. 1577, are ...


Creating a Culture of Accountability: Gino Blefari, Incoming CEO for HSF Affiliates, Opens RISMedia’s CEO Exchange with Blueprint for Success

The challenges of profitably operating a brokerage firm in today’s market are many, but key to doing so requires first and foremost the right leadership skills and accountability systems. ...


Social Security: Guarding Your Reputation Online

As you may already know, September is REALTOR® Safety Month. But hopefully, safety is not something you think about only once a year. Whether at a showing, in the office, meeting a client, or online, you and your agents should always keep ...


HomeServices of America, Inc. Announces Settlement of Copyright-Infringement Lawsuit

HomeServices of America, a Berkshire Hathaway affiliate, has announced the settlement of a copyright-infringement lawsuit against American Home Realty Network, Inc. (d/b/a NeighborCity). Since 2013, HomeServices of America and two of its subsidiaries, Preferred Carolinas Realty, Inc., and Edina Realty, Inc., have been engaged in litigation with American Home Realty ...


Interest Rates Little Changed on New Home Loans

On August 28, the Federal Housing Finance Agency (FHFA) reported that, overall, mortgage interest rates were flat in July. To a large extent, the same was true for the subset of loans used to purchase new homes. Between June and July, the average contract interest rate on conventional mortgages for ...


Top 5 Ways to Grow Your Digital Brand

When you Google real estate in your local market, is your business at the top of the search results? With 92 percent of potential buyers house hunting online, boosting your online marketing efforts is crucial for building a successful business. ...


Improving Economy Slowly Brightens Outlook for Commercial Real Estate

The strong rebound in economic growth during the second quarter and ongoing job creation are gradually improving the outlook for all of the major commercial real estate sectors, according to the National Association of REALTORS® quarterly commercial real estate forecast. ...


U.S. Negative Equity Falls to 17 Percent

One in six (17 percent) U.S. homeowners with mortgages – or 8.7 million – were still underwater on their mortgage in the second quarter of 2014, despite rising home values, according to the Zillow® Negative Equity Report. This is down from 18.8 ...


Bank of America to Pay $16.65 Billion in Historic DOJ Settlement for Fraud Leading up to the Financial Crisis

Financial giant Bank of America will pay $16.65 billion in a settlement following a federal probe into its mortgage practices in the years leading up to the 2008 financial crisis, the Department of Justice announced Thursday. ...


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