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Real Estate News Archive


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 ...


Big Rebound in Existing-Home Sales Shows First-Time Buyer Momentum

RISMEDIA, October 26, 2009—Existing-home sales bounced back strongly in September with first-time buyers driving much of the activity, marking five gains in the past six months, according to the National Association of Realtors®. Existing-home sales–including single-family, townhomes, condominiums and co-ops–jumped 9.4% ...


Prudential Florida Realty Associates Take Advantage of Top 5′s Return to Florida

RISMEDIA, October 26, 2009—Top 5 President Allan Dalton spent last week in Florida speaking with Prudential Florida Realty’s top producing agents about the advantages of being a member of RISMedia’s Top 5 in Real Estate Network®. The Top 5 in Real Estate Focus Groups and Networking Sessions addressed the networking, educational, ...


Prudential Palms Realty Honored for Commitment to Consumers, Agents

RISMEDIA, October 26, 2009—As a 2009 recipient of Quality Service Certification Inc.’s “Qe Award” for outstanding customer service, Prudential Palms Realty continues to prove and reinforce its commitment to both consumers and its growing team of sales associates.  ...


The Root of the Problem: Poor Communication

RISMEDIA, October 26, 2009—It is virtually impossible to read a real estate newswire, magazine or attend an event without finding an article or hearing about how Realtors need to embrace social media as a significant component of their marketing program. Yours truly has also been caught up in this wave, having ...


First-Time Home Buyer Tax Credit Fraud

RISMEDIA, October 26, 2009—The General Accountability Office has reportedly frozen more than 110,000 first-time home buyer tax credit refunds pending civil or criminal examinations due to allegations of fraud. The main concerns are whether or not a home purchase actually took place and if the home buyer claiming the credit ...


Builders Urge Congress to Renew Home Buyer Tax Credit to Create Jobs, Boost Economy

RISMEDIA, October 26, 2009—In order to create hundreds of thousands of badly needed jobs and move the economy to higher ground, the National Association of Home Builders (NAHB) called on Congress to extend and expand the $8,000 first-time home buyer tax credit set to expire at the end of next ...


U.S. Monthly House Price Index Estimates 0.3% Price Decline from July to August 2009

RISMEDIA, October 26, 2009—U.S. home prices fell 0.3% on a seasonally-adjusted basis from July to August, according to the Federal Housing Finance Agency’s monthly House Price Index. The previously reported 0.3% increase in July was unrevised. For the 12 months ending in August, U.S. prices fell 3.6%. The U.S. index ...


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