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Real Estate News Archive


RE/MAX Recognized for Excellence in Customer Service

RISMEDIA, October 29, 2009—Three RE/MAX franchises have been recognized among the Top Ten in the nation in quality service and customer satisfaction, according to Quality Service Certification, Inc. (QSC), and Leading Research Corporation. RE/MAX Properties of Colorado Springs, CO, RE/MAX All Stars in Corona, CA and RE/MAX Creative Realty in ...


Lisa Amaral Named Director of Business Development for Relocation Division of Coldwell Banker Residential Brokerage’s Mid-Atlantic Company

RISMEDIA, October 29, 2009—Lisa A. Amaral has been named director of business development for the relocation division of Coldwell Banker Residential Brokerage’s Mid Atlantic region. Equipped with more than 20 years of experience, she brings a wealth of knowledge and a solid history of successful relocation management along with a ...


Mortgage Applications Decrease in Latest MBA Weekly Survey

RISMEDIA, October 29, 2009—The Mortgage Bankers Association (MBA) released its Weekly Mortgage Applications Survey for the week ending October 23, 2009. The Market Composite Index, a measure of mortgage loan application volume, decreased 12.3% on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the ...


As Some Top Metro Foreclosure Activity Rates Decrease, New Foreclosure Hot Spots Emerge in Q3 2009

RISMEDIA, October 28, 2009—RealtyTrac, one of the leading online marketplaces for foreclosure properties released its Q3 2009 Metropolitan Foreclosure Market Report, which shows that cities in California, Florida and Nevada accounted for the 10 highest foreclosure rates in the third quarter among metro areas with a population of 200,000 or ...


U.S. Home Prices for August 2009 Off 11.3% from Year Ago

RISMEDIA, October 28, 2009—Data through August 2009, released by Standard & Poor's for its S&P/Case-Shiller Home Price Indices, one of the leading measures of U.S. home prices, show that the annual rate of decline of the ...


Regional Spotlight: Florida’s Existing Home, Condo Sales Up in September 2009

RISMEDIA, October 28, 2009—Florida’s existing home sales rose in September 2009, which marks more than a year (13 months) that sales activity has increased in the year-to-year comparison, according to the latest housing data released by Florida Realtors. September’s statewide sales also increased over sales activity in August in both ...


Stars Are Aligned for Buyers – and Time Is of the Essence

RISMEDIA, October 28, 2009—Potential home buyers are seeing a fortuitous combination of low mortgage rates, affordable home prices and the first-time home buyer tax credit. And many who thought homeownership wasn’t an option right now appear to be finding ways to make it work. A National Association of Realtors survey ...


Point2 Technologies Wins Achievement in Business Excellence Award

RISMEDIA, October 28, 2009—Point2 Technologies Inc. was recently recognized by the Saskatchewan Chamber of Commerce with the prestigious Achievement in Business Excellence (ABEX) Award. Nearly 700 government and business personalities attended this year’s high profile event, organized by the Saskatchewan Chamber of Commerce to celebrate the accomplishments of 52 exceptional ...


Low Rates Cause Surge in Refinance Loan Requests on Zillow Mortgage Marketplace

RISMEDIA, October 28, 2009—With mortgage rates reaching historic lows, Zillow Mortgage Marketplace reports a surge in refinance request activity within its free marketplace for custom mortgage quotes. ...


Wall Street vs. Main Street: Courts Beginning to Side in Favor of Foreclosed Property Owners

RISMEDIA, October 27, 2009—Agents involved in foreclosures and short sales may need to begin to disclose the possibility of serious property transfer defects associated with these types of lender controlled sales. ...


Virtual Culture Vs. Brick and Mortar – the Changing Technology Landscape

RISMEDIA, October 27, 2009—It’s amazing how much can change in just two short years. Two years ago I wrote an article titled “Is the End in Sight for Brick and Mortar?” ...


MLS 5.0 – Understanding and Adapting to Generational Differences

RISMEDIA, October 27, 2009—Gen X and Gen Y consumers are already a significant economic force in the “first-time home buyer” category (making up 78% of all first-time home buyers according to the National Association of Realtors 2008 Profile of Home Buyers and Sellers). In a few years, they will be ...


Latinos Still Passionate about Homeownership

RISMEDIA, October 27, 2009—Fifty-four percent of Latinos that participated in a phone survey conducted on behalf of the National Association of Hispanic Real Estate Professionals (NAHREP), expressed a strong interest in homeownership and plan to buy a home ...


Long & Foster Real Estate Partners with Platinum Group Services to Expedite Short Sales Transactions

RISMEDIA, October 27, 2009—Long & Foster Real Estate, Inc./Platinum Group Services announced the creation of a unique program, developed to assist clients and real estate associates with short sales transactions. As part of Long & Foster’s ongoing response to the changing market and needs of buyers, sellers, and sales associates, ...


Pedal to Properties to Demonstrate Selling Homes by Bicycle at National Association of Realtors Conference

RISMEDIA, OCTOBER 27, 2009—Pedal to Properties, a growing real estate company that lets buyers hunt for homes while riding cruiser bikes, will show off its winning business model that’s bucking the national real estate slump when the company visits the National Association of Realtors Annual Conference and Expo in San ...


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