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Real Estate News Archive


A Numbers Game: How to Get Prospective Buyers Off the Sidelines

RISMEDIA, September 2, 2009—Pricing a home at market value is one of the best ways to get a home sold, especially in today’s market when home buyers are looking for a deal. Here, Linda Sherrer, President and CEO, Prudential Network Realty explains why you have to play the numbers right ...


Marketing Strategies: How to Stay Positive No Matter What

RISMEDIA, September 2, 2009—Now more than any other time in our recent history, it is important that we find ways to stay positive no matter what. Why? Because your success depends on your mindset, not on the economy or on the marketplace. How do I know this to be a ...


Seniors Increasingly Realizing Nest Egg in Life Insurance Policies

RISMEDIA, September 2, 2009—(MCT)—Seniors battered by the tough economy are selling their life insurance policies to replenish their retirement nest eggs.  ...


HomeServices of America, Inc. Announces Acquisition of Chicago-Based Koenig & Strey

RISMEDIA, September 2, 2009—HomeServices of America, Inc., a Berkshire Hathaway affiliate announced the acquisition of Chicago-based Koenig & Strey GMAC Real Estate from Brookfield Residential Property Services. Koenig & Strey is one of Chicago’s largest and most respected residential real estate brokerage firms. Under the new ownership structure, Koenig & Strey ...


Crye-Leike. Realtors Takes Agent Marketing to New Heights

RISMEDIA, September 2, 2009—Crye-Leike, Realtors announced a major advancement in the way the company and its sales associates are now marketing and promoting real estate listings and sales activity across the MidSouth.  ...


ZipRealty Launches New Online ‘Seller Tools’ to Reveal Local Commission Rates and Active Buyer Volume

RISMEDIA, September 2, 2009—Homeowners looking to sell their homes can now quickly and easily get a snapshot of the current, local real estate sales commission rates in their area, as well as see the number of active buyers shopping for homes in their neighborhood, thanks to a new suite of ...


Brian Hurley Named President & COO of New Vista Asset Management

RISMEDIA, September 2, 2009—Brian Hurley, former president of Stewart Title of California, has been named president and chief operating officer of San Diego-based New Vista Asset Management. In his new role, Hurley will run day-to-day operations for the firm and its national network of 400 multicultural real estate brokers, in ...


Zillow.com and Seattlepi.com Launch Co-Branded Real Estate Website

RISMEDIA, September 2, 2009—Real estate website Zillow.com and leading news and information destination, seattlepi.com—read by more than 3.7 million people in the Seattle area and around the world every month— announced the launch of a co-branded real estate website, powered by Zillow.  ...


Dow Jones Economic Sentiment Indicator Rises for Sixth Consecutive Month

RISMEDIA, September 1, 2009—The Dow Jones Economic Sentiment Indicator (ESI) reached its highest level in a year rising to 35.5 in August, the sixth consecutive monthly increase. The ESI's continued improvement lends guarded support to the growing view that the U.S. economy may be moving out of recession and into a ...


New Credit Scoring Model May Boost Some Borrowers’ Scores

RISMEDIA, September 1, 2009—(MCT)-Even the most responsible borrowers slip up sometimes. Maybe a utility bill went unpaid after you moved and the missed payment went into collections. Or, perhaps there are unpaid library fines or ...


The Principles of Negotiation

RISMEDIA, September 1, 2009—A survey of buyers and sellers of real estate revealed that, from their point of view, one of the most valuable services real estate practitioners provide is our ability to negotiate on their behalf. From my experience, it appears that, in many cases, the clients are getting ...


NAR Helps Realtors Make Short Work of Short Sales

RISMEDIA, September 1, 2009—Nearly one-third of all existing homes sold recently were either short sales or foreclosures, according to National Association of Realtors® data. To help Realtors meet the needs of home buyers and sellers who need these services, NAR has launched a new Short Sales and Foreclosure Certification Program ...


Consumers’ Moods Improve in August

RISMEDIA, September 1, 2009—(MCT)-U.S. consumer sentiment improved in late August, but not quite enough to exceed the reading from July, according to a survey released by the University of Michigan and Reuters. ...


New Regulations, FICO Study Big News for Credit Card Holders

RISMEDIA, August 31, 2009-(MCT)-Last week brought significant news to credit card holders. First, the initial phase of a landmark bill overhauling credit card laws took effect, and a new study shed light on the growing practice of credit card issuers' slashing consumers' credit limits. ...


California Association of Realtors Reports July Home Sales Increased 12%, Median Home Price Declined 19.6%

RISMEDIA, August 31, 2009-Home sales increased 12% in July 2009 in California compared with the same period a year ago, while the median price of an existing home declined 19.6%, the California Association of Realtors® recently reported. ...


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