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Real Estate News Archive


Mortgage Applications Decrease

RISMEDIA, December 20, 2010—The Mortgage Bankers Association (MBA) released its Weekly Mortgage Applications Survey for the week ending December 10, 2010. The Market Composite Index, a measure of mortgage loan application volume, decreased 2.3% on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index decreased ...


Housing Starts Rise 3.9 Percent in November 2010

RISMEDIA, December 18, 2010—Nationwide housing starts rose 3.9% in November 2010 to a seasonally adjusted annual rate of 555,000 units from an upwardly revised number in the previous month, according to newly released data from the U.S. Commerce Department. This ...


4 Tips to Ensure a Smooth Real Estate Transaction

RISMEDIA, December 18, 2010—As a real estate agent, it's important to be aware of the pitfalls of home financing in order to help your sales come together and stay together. Typically, during the sales process, you may be your client’s first point of contact for any and all situations that ...


Company Spotlight: Click and Done – REALTOR® Credits Lowe’s Inside Out e-Newsletter with a Job Well Done

RISMEDIA, December 18, 2010—While Chris Farkas is relatively new to the real estate business, the three-year real estate professional knows one thing for sure: you have to work hard in this business and you need good marketing systems to achieve success. ...


A Membership of Value – Accredited Buyer’s Representative Designation Provides Wealth of Benefits

RISMEDIA, December 17, 2010—Each year, REBAC strives to provide the latest tools and resources to help agents build their buyer business through its Accredited Buyer’s Representative (ABR®) Designation program. Agents who complete the education required to earn the ABR® designation ...


One Rule for Social Media: Forget Twitter and LinkedIn; Focus on Facebook

RISMEDIA, December 17, 2010—My friend Ben Casnocha once warned: "beware of advice from...professional advice-giver[s], rather than someone in the trenches. The best advice on networking will come from someone who is not a professional networker." ...


Foreclosure Activity Decreases 21 Percent in November 2010, According to RealtyTrac

RISMEDIA, December 17, 2010—RealtyTrac, a leading online marketplace for foreclosure properties released its U.S. Foreclosure Market Report for November 2010, which shows foreclosure filings—default notices, scheduled auctions and bank repossessions—were reported on 262,339 U.S. properties in November, a 21% decrease ...


Rural Areas with Natural Amenities, Recreational Opportunities or Quality of Life Advantages are Best Suited to Grow

RISMEDIA, December 17, 2010—(MCT)—The majority of the nation's sparsely populated rural counties lost even more residents in the last decade, though some rural counties—particularly those in the mountain West—saw population gains that may be the result of retirees striking out for areas that are both scenic and affordable, according to ...


Today’s Featured Listing: Custom Crafted Log Home Offers Breathtaking Views

RISMEDIA, December 17, 2010—This Custom crafted log home perched up above the marina with great views of Vallecito Lake is being listed by RISMedia’s Real Estate Information Network® (RREIN) Member Realty Executives of Kansas City. Located in Bayfield, CO, this ...


Florida Home Finance Group Earns President’s Club Honors from Wells Fargo

RISMEDIA, December 17, 2010—Florida Home Finance Group, an affiliate of Wells Fargo Home Mortgage, is slated to receive the President's Club award and recognition at the annual Wells Fargo Home Mortgage Sales Conference in February 2011. President's Club is the highest recognition awarded in the Wells Fargo Network. Florida Home ...


Michigan Firm Joins Sotheby’s International Realty Network

RISMEDIA, December 17, 2010—Sotheby’s International Realty Affiliates LLC announced that Bay Harbor Properties in Bay Harbor, Mich., is the newest member of its luxury real estate network. ...


Homeowners Recoup More with Exterior Replacement Projects, REALTORS® Report

RISMEDIA, December 16, 2010—As part of the 2010-11 Remodeling Cost vs. Value Report, REALTORS® recently rated exterior replacement projects among the most cost-effective home improvement projects, demonstrating that curb appeal remains one of the most important aspects of a home ...


Fed Holds Course on Bond Purchases, Interest Rates

RISMEDIA, December 16, 2010—(MCT)—The Federal Reserve, saying that the economic recovery was not strong enough to bring down unemployment, vowed to stick with its controversial bond-buying program to spur growth and to hold short-term interest rates at near zero for the foreseeable future. ...


Real Estate Marketing Strategies: Create Your Own Unique Version of the Holidays

RISMEDIA, December 16, 2010—What do you think of when you think of the holidays? If you’re like most people, the first things you think of are the long lines, the massive amounts of traffic and the over-emphasis on consumerism. What if this holiday season you could turn that around by ...


Facing Challenges Head-On Leads to Success in Today’s Market

RISMEDIA, December 16, 2010—Today’s market has provided numerous challenges for real estate professionals to overcome. Those who have come out ahead have had to stay on their toes and react quickly to the ever-changing market. Here, Michael Zagaris, president of PMZ Real Estate in Central Valley, California, discusses how his ...