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Real Estate News Archive


Couple Hold Contest to Give Others an Opportunity to Live the American Dream

RISMEDIA, September 3, 2009—Meg and Whip Jones have it all- a home with bay views, an upscale gift shop and a Maserati Quattroporte. And they want to give it all up, they say.  ...


Leading Real Estate Companies of the World Aligns with GeoData Technologies

RISMEDIA, September 3, 2009—Leading Real Estate Companies of the World has joined forces with GeoData Technologies to make the company's SiteSeer3D software available to the network's 600 real estate firms. The alliance falls under LeadingRE's Leading Real Estate Solutions division, which endorses fine real estate products.  ...


National 30-Year Fixed Mortgage Rates Continue Downward Trend

RISMEDIA, September 3, 2009—The weekly average rate borrowers were quoted on Zillow Mortgage Marketplace for 30-year fixed mortgages decreased last week to 5.17%, down from 5.19% the week prior, according to the Zillow Mortgage Rate Monitor, compiled by real estate website Zillow.com. Rates for 15-year fixed mortgages fell to 4.57% ...


Pending Home Sales on a Roll, Up for Sixth Straight Month

RISMEDIA, September 2, 2009—Contract activity for pending home sales has risen for six straight months, a pattern not seen in the history of the index since it began in 2001, according to the National Association of Realtors®. ...


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 ...


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