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Real Estate News Archive


HUD Awards First Choice Neighborhood Grants

RISMEDIA, March 21, 2011—U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan announced that 17 communities will be the first recipients of Planning Grant funding through the Department’s new Choice Neighborhoods Initiative. These communities will share a total of $4 million in Choice Neighborhoods Planning Grants while six other communities ...


Strategies to Get the Second Click – Provide Compelling, Easy-to-Share Content

RISMEDIA, March 21, 2011—(eM+C)—Online retailing is becoming increasingly sophisticated. Marketers have access to information about every aspect of customer interaction: number of website visits, time spent on the site, e-mail open and click through rates, conversions and purchases. With today’s sophisticated analytics, marketers can fine-tune their messaging and offers to ...


Zillow Partners with RE/MAX

RISMEDIA, March 21, 2011—Zillow recently announced an exclusive partnership with RE/MAX, which will enable the company to automatically feed all of their listings to Zillow. This is great news for RE/MAX agents because their listings now automatically appear on the Zillow/Yahoo! Real Estate Network, one of the largest real estate ...


Mortgage Purchase Applications Decrease

RISMEDIA, March 21, 2011—Mortgage applications decreased 0.7% from one week earlier, according to data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending March 11, 2011. ...


Banks Spruce Up Foreclosures to Boost Sales

RISMEDIA, March 19, 2011—(MCT)—Bill Schramm and Bethany Siwicki scoured property listings for three months before agreeing to see a home in Round Lake Beach, even though its online pictures didn't look promising. ...


Housing Starts and Permits Stall in February 2011

RISMEDIA, March 19, 2011—Nationwide housing starts and issuance of permits for new housing construction both posted disappointing declines in February 2011 as concerns about a growing number of factors caused builders to pull back on production of new homes, according to newly released figures from the U.S. Commerce Department. Total ...


Vacant Dwellings Require Different Kind of Insurance Policy

RISMEDIA, March 19, 2011—(MCT)—More and more houses sit unoccupied these days, left behind by their owners in this still-tough economic climate. In 2010's fourth quarter, the Census Bureau reports 12.1% of all U.S. residences, or 18,394,000 homes, were vacant. Record foreclosures are a big reason: After repossessing houses at sheriff's ...


First-Time Home Buyers Prepare for Best Buyer’s Market in Recent History

RISMEDIA, March 18, 2011—While affordable housing prices, ample inventories, and historically low interest rates signal 'buyer's market' for investors or move-up buyers in many U.S. markets, inexperienced first-time buyers may not know if the time is right to make a ...


Homeowners Reuse Materials for Environmental and Aesthetic Reasons

RISMEDIA, March 18, 2011—(MCT)—Renovating? You could just rip up the old room and sweep everything into the trash bin. But a growing number of homeowners, architects and builders are trying to reuse or recycle construction materials whenever possible—for reasons both environmental and aesthetic. ...


Company Spotlight: Effortless Communication – Frogpond’s Housing Trends eNewsletter Keeps Agents Front of Mind

RISMEDIA, March 18, 2011—By now, most in the real estate community have realized that things may never be the same as they were during the boom and that the key these days is getting back to what works…and for many agents that means staying in front of their past, present ...


Bankrate: Mortgage Rates Plunge to 3-Month Low

RISMEDIA, March 18, 2011—Mortgage rates posted a sharp decline, with the benchmark conforming 30-year fixed mortgage rate falling to 4.91%, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.38 discount and origination points. ...


Today’s Featured Listing: Spacious 2-Story Home Offers Privacy and Charm

RISMEDIA, March 18, 2011—This amazing 2-story home located in Rolla, Missouri is being listed by RISMedia’s Real Estate Information Network® (RREIN) Member Realty Executives Mid-America. ...


Better Homes and Gardens Real Estate Named a Top Rated Franchise in 2011 Franchisee Satisfaction Awards

RISMEDIA, March 18, 2011—Better Homes and Gardens Real Estate LLC announced it was rated No. 15 among the top-50 small franchise systems in the Franchise Business Review 2011 Franchisee Satisfaction Awards. The company also earned honorable mention honors among all franchise systems in the real estate category. The Franchise Business ...


RELO Direct President and CEO Bob Portale Receives Distinguished Service Award

RISMEDIA, March 18, 2011—Robert A. Portale, president and CEO of RELO Direct, has been awarded both the Distinguished Service Award and Senior Relocation Professional designation by Worldwide ERC. Portale was selected for this award based upon his numerous personal and professional contributions to the Worldwide ERC organization. ...


Sotheby’s International Realty Brand Wins ‘Best in Category’ for Fourth Consecutive Year in Franchise Business Review’s Franchisee Satisfaction Awards

RISMEDIA, March 18, 2011—Sotheby’s International Realty Affiliates LLC announced it won Franchise Business Review’s Best in Category for Real Estate Franchisee Satisfaction award for the fourth year in a row. ...