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Real Estate News Archive


Owners and Renters Agree: Owning a Home Is a Smart Decision

RISMEDIA, January 22, 2011—A substantial majority of both homeowners and current renters agree that owning a home is a smart decision over the long term. That's according to the results of a National Association of REALTORS® survey of 3,793 adults ...


Building Permits Rise in December 2010 as Builders Prepare for Anticipated Improvement in Buyer Demand

RISMEDIA, January 22, 2011—Nationwide housing starts declined 4.3% to a seasonally adjusted annual rate of 529,000 units in the final month of 2010, according to newly released figures by the U.S. Commerce Department. While this was the slowest pace of starts activity since October 2009, the year-end data indicate that ...


Devote Time to Strategic Planning to Position Yourself for the Market’s Return

RISMEDIA, January 22, 2011—Staying ahead of the pack is crucial for real estate professionals, especially as we continue to work our way through today’s volatile market. Here, Budge Huskey, president and chief operations officer, Coldwell Banker Real Estate discusses why it’s important for real estate professionals to take the time ...


Recovery on Move: December 2010 Existing-Home Sales Jump 12.3 Percent

RISMEDIA, January 21, 2011—Existing-home sales rose sharply in December 2010, when sales increased for the fifth time in the past six months, according to the National Association of REALTORS®. ...


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 ...


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