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Real Estate News Archive


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 ...


Weekly Video Tip: Utilizing Social Media Marketing

RISMEDIA, December 28, 2010—You’ve just started your own business. You have put your sweat, blood, and tears into its success. So, now what? How do you plan to spread the word? Technology is advancing so rapidly that if you thought you had a real bang-up marketing plan a year ago, ...


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. ...


The 2010 Rockefeller Center Christmas Tree Will Help Build a Habitat for Humanity Home in N.Y.

RISMEDIA, December 28, 2010—The Rockefeller Center Christmas Tree will be donated to Habitat for Humanity for the fourth consecutive year to help build a simple, decent and affordable home, the organization has announced. ...


Homeless Veterans to Get Affordable Housing

RISMEDIA, December 28, 2010—The Federal Home Loan Bank of Boston announced that a Manchester initiative will receive more than $2.1 million through its Affordable Housing Program. These funds, awarded in the form of a grant, loan, and interest-rate subsidy, will be used to finance 26 units of affordable rental housing ...


December Housing Scorecard Shows Continued Home Affordability

RISMEDIA, December 27, 2010—The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury released the December edition of the Obama Administration’s Housing Scorecard. The latest housing figures show continued home affordability in the housing ...


Monday Morning Mobile: The Three Coolest Things of 2010

RISMEDIA, December 27, 2010—Twas the Monday after Christmas and all through the house, nothing was stirring, not even my computer’s mouse, but the blackberry was a buzzing, as it always does, and it will get my attention, as the device that I love. The device that we all love ...


3 Effective Ways to Work Through Today’s Real Estate Market

RISMEDIA, December 27, 2010—I’m encouraged by the straight talk in the industry about economic realities and effective ways to work through this recession. There’s still a long road ahead as we navigate record-high foreclosures, steep unemployment and foreclosure moratoriums that can prolong recovery. But we’re taking appropriate action and having ...


Industry Valuation Group Responds to New Government Guidelines on the Use of Automated Valuation Models

RISMEDIA, December 27, 2010—A group of leading collateral risk and automated valuation companies announced that they are pleased with the formal recognition of the validity of Automated Valuation Models (AVMS) as part of the collateral risk process in the Mortgage Industry. ...


Fannie Mae and Freddie Mac HARP Refinancings Increase in Third Quarter; Performance of Modified Loans Improves

RISMEDIA, December 27, 2010—Refinancings through the Home Affordable Refinance Program (HARP) increased 26% in the third quarter of 2010. Fannie Mae and Freddie Mac loan modifications through the Home Affordable Modification Program (HAMP) increased 16% in the quarter, although the overall volume of loan modifications and the pace of HAMP ...


The Century 21 Brand Celebrates 10th Anniversary in China

RISMEDIA, December 27, 2010—Century 21 Real Estate LLC, the franchisor of one of the world’s largest residential real estate sales organizations, celebrated its 10th anniversary as a leading real estate services provider in China. Rick Davidson, president and CEO of Century 21 Real Estate LLC, traveled to China to celebrate ...


Regional Spotlight: Florida’s Existing Condo Sales Rise in November 2010

RISMEDIA, December 27, 2010—Sales of existing condominiums in Florida rose 11% in November 2010, with a total of 5,411 condos sold statewide compared to 4,860 units sold in November 2009, according to the latest housing data released by Florida REALTORS®. ...


Real Estate Marketing Strategies: 7 Tips to Thrive This Holiday Season

RISMEDIA, December 24, 2010—Are you wondering how to survive this Holiday Season? Do you get caught up in the fast pace to the point of stress and exhaustion? What if, this year, you could create exactly what you want? How ...


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