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Real Estate News Archive


The Power of a Name: Sotheby’s Name Represents Integrity, Quality and Reliability

RISMEDIA, December 30, 2010—In 2004, when the Sotheby’s International Realty brand launched a full franchise system, the real estate market couldn’t have been much hotter. In the years since then, the high-end market—like the rest of real estate—has seen quite a swing. Yet, the brand continues to thrive…even considering 2010 ...


Economic Forces Drive Population Shifts Across U.S., Census Shows

RISMEDIA, December 30, 2010—(MCT)—One of the hallmarks of the American economy has been the mobility of its people—the speed with which they pulled up stakes to seek better opportunities elsewhere. But the deep recession ambushed long-running population trends, sharply slowing the migration to the Sunbelt while giving a boost to ...


Data Wars – An Industry-Wide Update on Data Licensing News

RISMEDIA, December 30, 2010—While it’s doubtful that the real estate industry will begin an intergalactic battle for data complete with clone armies and light sabers, the battle for control over the industry’s data is starting to heat up. It’s been a long time since the National Association of REALTORS® rolled ...


Extended Families Come Together Under One Roof to Make Ends Meet

RISMEDIA, December 30, 2010—(MCT)—Morning begins in the Grisso household with the coffee maker grinding beans at 6:07, churning with the same grating sound as a fork spinning in a sink disposal. The eight occupants of the house stir. Two grandparents float into the kitchen and head to work, taking the ...


RE/MAX of New England Teams Up with Prospect Mortgage to Better Service Clients

RISMEDIA, December 30, 2010—RE/MAX of New England has recently entered into a new partnership with Prospect Mortgage, one of the nation’s largest independent residential retail lenders, RE/MAX has announced. According to the company, RE/MAX has signed a marketing agreement with Prospect Mortgage, allowing the mortgage company to be the real ...


Consumer Confidence Dips in December 2010

RISMEDIA, December 30, 2010—(MCT)—An index of U.S. consumer confidence declined in December 2010 on concerns about jobs in the present and future, the Conference Board reported. ...


REALTORS® Reflect on 2010 and Prepare for 2011

RISMEDIA, December 29, 2010—2010 has been a year of real estate contrasts. While many consumers have taken advantage of historic buying opportunities and the market has seen a gradual stabilization of sales and prices, other challenges facing the nation have ...


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

RISMEDIA, December 29, 2010—This week’s headlines from the NATIONAL ASSOCIATION OF REALTORS® include: a no-cost HAFA Brochure available from NAR’s Right Tools, Right Now initiative; marketing tools available from NAR’s REALTOR Benefits® Program Partners; and existing-home sales resume uptrend. ...


Fed Trying to Push Investors into Taking Risks Again through Quantitative Easing

RISMEDIA, December 29, 2010—(MCT)—The Federal Reserve's bold but mysterious plan to purchase $600 billion in long-term government bonds through June will be under the microscope in 2011—even if it works—in part because determining that is anything but simple. ...


Real Estate Professionals Prepare for a Profitable 2011 through Accepting Change and Staying Up-to-Date with Current Market Realities

RISMEDIA, December 29, 2010—2010 was a year marked with numerous changes, and as real estate professionals prepare for 2011, that change is probably not going away. Here, Alicia Trevino, president and CEO of Alicia Trevino Realtors in Dallas, Texas discusses how her company stays profitable by accepting change and staying ...


New Federal Program Provides Nearly 73 Million Dollars in Counseling Grants to Help Families Find and Keep Housing

RISMEDIA, December 29, 2010—In an effort to help families find decent housing and to prevent future foreclosures, the Obama Administration announced nearly $73 million in housing counseling grants to more than 500 national, regional and local organizations. As a result ...


Economic and Housing Outlooks Brighten According to Fannie Mae Analysis Group

RISMEDIA, December 28, 2010—Improvements in consumer spending and consumer confidence, increased demand for goods and services, and falling unemployment claims are all positive factors for a brighter outlook as we move into 2011, according to the ...


Bank of America Halts Foreclosure Sales during Investigation of Its Practices

RISMEDIA, December 28, 2010—(MCT)—A Bank of America freeze on foreclosure sales spread Friday to the Inland Empire in California after the biggest bank in the U.S. announced it was broadening an investigation into its foreclosure practices to ...


Real Estate Agents Reviewing Safety Precautions in Wake of Ohio Crimes

RISMEDIA, December 28, 2010—(MCT)—In response to the recent crimes against real-estate agents in the Youngstown and Kent, Ohio, areas, local real-estate brokers are reviewing safety precautions for their agents. These incidents remind all agents nationwide to review safety procedures when showing vacant homes. ...


Regional Spotlight: Mortgage Defaults at Lowest Levels in 5 Years

RISMEDIA, December 28, 2010—Default risk on home loans in Ann Arbor, Mich., fell once again this quarter to its lowest level in more than five years, says a professor at the University of Michigan's Ross School of Business. ...


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