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Real Estate News Archive


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 ...


Research Shows Changing Market, Evolving Buyer Preferences for the 55+ Housing Market

RISMEDIA, January 19, 2011—A joint study by the 50+ Housing Council of the National Association of Home Builders (NAHB) and the MetLife Mature Market Institute shows the recession has made 55+ buyers more practical when selecting a new home. Design ...


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

RISMEDIA, January 19, 2011—This week’s headlines from the NATIONAL ASSOCIATION OF REALTORS® include: social media made easy with VIP combination pack; a discounted webinar on managing your time commitment to social media while getting results from REALTOR® University; and REALTOR® volunteer and mentor program seeks nominations. ...


Company Spotlight: Keeping Up with Technology – David Knox’s Online Training Website Allows Agents to Take Training into Their Own Hands

RISMEDIA, January 19, 2011—“When it comes to training, convenience is key,” says Lynne Hegedus, director of career development at Hunt Real Estate ERA, a member of RISMedia’s Real Estate Information Network® (RREIN). “We want our agents to participate in our training program in order to sharpen their skills, so it ...


Mobile Technology Expert John Lim to Headline Real Estate Xplode! Conference

RISMEDIA, January 19, 2011—Mobile Card Cast Founder and CEO, John Lim, will be a featured speaker during the upcoming Xplode! Conference on February 10, 2011 in Austin, Texas. At the conference, Lim will share his great wealth of knowledge and ...


FHFA Announces Joint Initiative to Consider Alternatives for a New Mortgage Servicing Compensation Structure

RISMEDIA, January 19, 2011—The Federal Housing Finance Agency (FHFA) has directed Fannie Mae and Freddie Mac to work on a joint initiative, in coordination with FHFA and the Department of Housing and Urban Development (HUD), to consider alternatives for future mortgage servicing structures and servicing compensation for their single-family mortgage ...


Prudential Florida Realty Expands Market Presence and Leadership in Miami-Dade County

RISMEDIA, January 17, 2011—Prudential Florida Realty, a member of RISMedia’s Real Estate Information Network® (RREIN) announced their growth in Miami-Dade County, as Martha Pomares and the sales professionals of New Image Realty Group merged their office with Prudential Florida Realty’s Miami-Coral Gables Branch Office and Family of Services. ...


New Real Estate Index Analyzes Building Permit Activity, Provides Source of National Remodeling Data

RISMEDIA, January 19, 2011—For millions of Americans, the dreams of moving to a larger house, relocating to a different locale or building a new home may have been put on hold due to a variety of factors including the economy. Whether they were not able to sell their current property ...


Realogy Announces Proposed Amendment to Senior Credit Facility

RISMEDIA, January 19, 2011—Realogy Corporation has announced that it is seeking an amendment to its senior secured credit facility, which would, among other things, amend certain terms and conditions of the credit facility and extend the maturity of its first lien term loans from October 10, 2013 to October 10, ...


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