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Real Estate News Archive


RE/MAX Executives Promoted to Lead Charge in 2011

RISMEDIA, January 21, 2011—RE/MAX, LLC announced the promotion of two key executives as the Denver-based franchise continues to dominate the real estate industry both domestically and internationally. David Metzger will assume the role of chief operating officer in addition to his current responsibilities as chief financial officer for RE/MAX. William ...


Foreclosure Upgrades Improve Neighborhoods One House at a Time

RISMEDIA, January 21, 2011—(MCT)—Torrey Warship had never owned a home—until the mortgage foreclosure crisis. Through a federal program to renovate foreclosed homes, the public works laborer bought his first house in Waukegan, Ill., for $138,000. He moved his family out of an apartment and into a two-story, two-bedroom, 2-and-a-half-bath home ...


Regional Spotlight: December Home Sales in Metro Chicago Had Best Relative Performance Since June, RE/MAX Reports

RISMEDIA, January 21, 2011—December 2010 saw home sales in the metropolitan Chicago real estate market record their best result since June when compared to prior year sales activity, according to an analysis by the RE/MAX Northern Illinois real estate network. ...


Today’s Featured Listing: Exceptional Home Offers Privacy and Elegance

RISMEDIA, January 21, 2011—This exceptional center hall colonial on private cul-de-sac in sought after Hunters Crossing Community, Pennsylvania is being listed by RISMedia’s Real Estate Information Network® (RREIN) Member RE/MAX 440 and RE/MAX Central. ...


Company Spotlight: SentriLock Listens – Results of the 2010 Customer Focus Group

RISMEDIA, January 21, 2011—SentriLock, a leader in providing electronic lockbox systems to the residential real estate industry and official NAR lockbox solution, known for its reliable and secure technology, ease of use and outstanding customer service, held its annual Customer Focus Group October 25-27, 2010, in the company’s hometown of ...


Builder Confidence Remains Unchanged In January

RISMEDIA, January 21, 2011—Builder confidence in the market for newly built, single-family homes held unchanged at a relatively low level of 16 for a third consecutive month in January, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI). ...


Real Estate Marketing Strategies: 3 Simple Tips for Creating Your Ideal Income

RISMEDIA, January 20, 2011—Most of us start off the New Year with the best of intentions. We all have a deep longing in our hearts for this year to be the best year yet. We even make resolutions. ...


RE/MAX National Housing Report – December 2010 Home Sales Rising, Prices Stabilizing

RISMEDIA, January 20, 2011—Impacted by normal seasonal drops in sales, an unpredictable foreclosure moratorium and an expired tax credit, residential home sales were lower again in October 2010. A monthly survey of 54 metropolitan areas indicates that sales were 9.8% below those in September and 30.2% below sales in October ...


Regulator Pushes for Better Incentives to Modify Mortgages

RISMEDIA, January 20, 2011—(MCT)—The regulator for government-controlled mortgage refinance giants Fannie Mae and Freddie Mac said recently it was looking at different compensation models for mortgage servicers that would help make it easier to modify mortgages for troubled borrowers. ...


Top 5 Home Improvement Projects Based on Average Cost and Return on Investment

RISMEDIA, January 20, 2011—HomeGain.com, a website to offering Web-based, free instant home values, announced that it has released the results of its nationwide home improvement and home staging Home Sale Maximizer survey. ...


Offering a Higher Level of Expertise Enables Agents to Meet the Needs of Today’s Buyers and Sellers

RISMEDIA, January 20, 2011—Today’s real estate customers and clients have access to much more information than they did in the past. As their access to information will continue to increase with the introduction of new technology, real estate professionals must stay ahead of the curve to offer a greater degree ...


LeadingRE and Distressed Property Institute Join Forces

RISMEDIA, January 20, 2011—Leading Real Estate Companies of the World has joined forces with Distressed Property Institute (DPI) to provide timely instruction and certifications to the 150,000 sales associates affiliated with the network, the organizations have reported. ...


Virtual Tour Software Offers Web-Based Solutions for Real Estate Brokers

RISMEDIA, January 20, 2011—VirtualTourCafe, a leader in new technology real estate virtual tour software and online services for real estate agents and brokers, announced the launch of MyCafeBroker™. According to the company, the new software is a Web-based back-office software solution for low-cost, high-performance virtual tours and online ...


Two Top REALTOR® Teams Join Forces

RISMEDIA, January 20, 2011—Keller Williams Realty announced that two top REALTOR® teams—Jim and Donna Soda and Ian and Julie Cutmore—have joined forces under The Soda Group umbrella. ...


Mortgage Applications Increase

RISMEDIA, January 20, 2011—The Mortgage Bankers Association (MBA) released its Weekly Mortgage Applications Survey for the week ending January 14, 2011. The Market Composite Index, a measure of mortgage loan application volume, increased 5.0% on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index ...