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Real Estate News Archive


Residential Construction Spending Unchanged in January

Private residential construction spending was relatively unchanged for the first month of 2013 due to declines in the volatile remodeling spending category. Nonetheless, total residential construction spending remains near post-2009 highs and has experienced growth in 15 of the last 17 months according to data from the Census Bureau. ...


REALTORS® Federal Credit Union, a Division of Northwest Federal Credit Union, Helps REALTORS® Meet Financial Goals

Members of the National Association of REALTORS® (NAR) have the opportunity to better meet their financial goals with the only credit union designed to meet the unique needs of REALTORS®. Since the August 2012 merger of REALTORS® Federal Credit Union with Northwest Federal Credit Union, REALTORS® gained greater access to ...


Bay State Foreclosure Activity Decreases in January

Regional Spotlight—Massachusetts foreclosure dropped dramatically in January, posting double digit decreases in both starts and completed foreclosures, according to the latest report from The Warren Group, publisher of Banker & Tradesman. ...


Single Family REITs: A New Definition of Homeownership

The most significant innovation to hit the residential real estate market in decades occurred in 2012 to little fanfare: A first single family REIT (real estate investment trust) went public. For the first time in history, everyday people can own shares of the American Housing Market, one share at a ...


Leading Real Estate Companies of the World® Names Reliance Network and BrokerTec as Preferred Service Provider

Leading Real Estate Companies of the World® has named Reliance Network and its full-service products division BrokerTec as a preferred service provider through LeadingRE’s Solutions Group program, which presents leading business resources to its international network of more than 500 real estate firms, the company has announced. ...


8,000 RE/MAX Agents Celebrate 40 Years

Nearly 8,000 RE/MAX agents from 58 countries are attending the annual R4 Convention this week to celebrate the global real estate franchisor’s 40th anniversary, the company has announced. At last week’s Opening General Session held at the MGM Grand Garden Arena, they heard co-founders Dave and Gail Liniger reminisce about ...


Exterior Replacement Projects Provide Biggest Return on Investment for Homeowners, Say REALTORS®

Homeowners looking for the most return on their investment when it comes to remodeling should consider exterior replacement projects. According to the 2013 Remodeling Cost vs. Value Report, REALTORS® rated exterior projects among the most valuable home improvement projects. ...


Leading Real Estate Companies of the World® Names Nest4Less as Solutions Group Partner

Leading Real Estate Companies of the World® announced recently that Nest4Less has been selected as a preferred provider through its Solutions Group program, which offers selected business tools to its global network of more than 500 real estate firms. ...


NJBIZ Honors Realogy among 2013 Best Places to Work in New Jersey

Realogy has been named one of the 2013 Best Places to Work in New Jersey by an NJBIZ program that evaluated the company’s practices and surveyed a random sampling of its New Jersey-based employees. The survey and award program identifies, recognizes and honors the top 100 places of employment in ...


Century 21 Affiliated Joins Forces with Century 21 Pro-Team to Become World’s Top Century 21 Franchise

Recently, Century 21 Affiliated announced the merger with Century 21 Pro-Team, and expect the result to be the world’s most productive Century 21 group in 2013. The combined offices of Century 21 Affiliated will represent over 1,100 agents in 47 locations serving Illinois, Wisconsin, southeast Minnesota, and northern Indiana. ...


Highlights from a Conversation with Alex Perriello and Sherry Chris

Alex Perriello, President and CEO of The Realogy Franchise Group joined us at our recent Better Homes and Gardens® Real Estate brand conference in Las Vegas and shared insights into the housing market and advice on how real ...


New RE/MAX Design Center: More Mobile, More Social, More Powerful

More than 6,000 top RE/MAX agents and broker-owners gathering for their annual R4 Convention in Las Vegas watched the unveiling of the brand-new RE/MAX design center during the opening General Session. ...


Time to Reality Check the Real Estate Market

Rarely does a day go by that I don’t get asked if this is a good time to buy and/or sell a home. Some people might think that my response is always an emphatic “YES!” because I work in real estate. But in truth, there is no right or wrong ...


FHA Plays Vital Role for American Homeowners, REALTORS® Testify

Since the private mortgage market collapsed, the Federal Housing Administration has played a critical role by helping make mortgage insurance available to millions of qualified home buyers. That is exactly the way Congress designed the mortgage insurance fund to operate when it was established 80 years ago, the National Association ...


January Pending Home Sales Up in All Regions

Pending home sales rose in January, and have been above year-ago levels for the past 21 months, according to the National Association of REALTORS®. There were healthy monthly gains in all regions but the West, which is constrained by limited inventory but was slightly improved. ...


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