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Real Estate News Archive


Homeowners Fight for Loan Modifications from Swamped Mortgage Servicers

RISMEDIA, August 19, 2009-(MCT)-After losing his job in January, Stuart Miller has fought hard to keep his home out of foreclosure. At the end of May, the Plano, Texas, man began trying to get Wells Fargo & Co. to review his ...


Are New Home Prices, Starts and Sales Rates Nearing Bottom?

RISMEDIA, August 19, 2009-According to John Burns Real Estate Consulting's August 2009 survey of new home builders, housing market stability is just around the corner. ...


Optimism Grips Homeowners: 81% Think Home’s Value Will Increase or Stay Same in Next 6 Months

RISMEDIA, August 19, 2009-American homeowners are much more realistic about their own homes' values than they were one year ago, but are more optimistic about the future than at any other time in the past year. More than half (60%) of ...


Company Profile: Taking Center Stage – Successful Staging Starts with PODS

RISMEDIA, August 19, 2009-With a background in music and interior design, it's no wonder Barb Schwarz earned the title of "creator of staging"...complete with the federal trademarks that make it official. ...


Builder Confidence Continues Upward in August

RISMEDIA, August 19, 2009-Builder confidence in the market for newly built, single-family homes rose one point in August to its highest level in more than a year, according to the latest reading of the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). Building on a two-point gain in July, ...


National 30-year Fixed Mortgage Rates Decline

RISMEDIA, August 19, 2009-The weekly average rate borrowers were quoted on Zillow Mortgage Marketplace for 30-year fixed mortgages decreased last week to 5.30%, down from 5.36% 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 4.63% ...


“The Real Estate Safety Book” Available for Realtor® Safety Week

RISMEDIA, August 19, 2009-The National Association of Realtors® (NAR) annual REALTORS® Safety Week will be observed September 13-19, 2009. Real estate professionals face a greater level of risk than most other professions. Law enforcement and criminologists identify working with the public and isolation as major risk factors. "Real estate ...


Century 21 Real Estate Announces Caribbean Expansion

RISMEDIA, August 19, 2009-Century 21 Real Estate LLC, the franchisor of one of the world's largest residential real estate sales organization, has announced the signing of an agreement by its Caribbean master franchisee to open the first CENTURY 21® franchise in Bermuda. The addition of Bermuda expands the CENTURY ...


Gender Differences Abound in the Home-Buying Process

RISMEDIA, September 1, 2009-It often seems as though men and women are from different planets, but every day millions of couples navigate through day-to-day and even life-altering decisions. Because a home is the biggest purchase most people will make in their ...


2nd Quarter Existing-Home Sales Rise in Most States, Helped by Affordable Metro Prices

RISMEDIA, August 18, 2009-Existing-home sales in the second quarter showed healthy gains from the first quarter in the vast majority of states, and price declines have increased affordability in most metro areas, according to the latest survey by the National Association of Realtors®. ...


Act Now to Take Advantage of the $8,000 First-Time Buyer Tax Credit

RISMEDIA, September 1, 2009-Since Congress passed the American Recovery and Reinvestment Act earlier this year, many have seized the opportunity offered by the $8,000 tax credit for first-time home buyers. When you factor in today's historically low interest rates and housing affordability with the financial incentive from the government, ...


Focus on Listings

RISMEDIA, August 18, 2009-"Old Realtors never die, they just become listless." ...


Refinancing Borrowers Choose Shorter-Term Fixed-Rate Loans

RISMEDIA, August 18, 2009-Freddie Mac recently announced that in the second quarter of 2009, refinancing borrowers overwhelmingly chose fixed-rate loans, regardless of whether their original loan was an adjustable-rate mortgage (ARM) or fixed. ...


Gloriod & Associates Merges with Prudential Rocky Mountain, Realtors

RISMEDIA, August 18, 2009-Prudential Real Estate and Relocations Services, Inc., a Prudential Financial, Inc. company announced the merger of independent real estate brokerage Gloriod and Associates, Inc. with Prudential Rocky Mountain, Realtors®. ...


Refinance Volumes on the Rise for Fannie Mae and Freddie Mac

RISMEDIA, August 18, 2009-Fannie Mae and Freddie Mac refinanced more than 2.9 million mortgage loans in 2009 through July of this year. Since the inception of the Making Home Affordable Refinance Program (HARP) in April, Fannie Mae and Freddie Mac refinanced almost 1.9 million mortgage loans through July. The numbers ...


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