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Real Estate News Archive


Trending Upward? U.S. Home Prices Improve for Fourth Consecutive Month

RISMEDIA, July 29, 2009-Data through May 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, although still negative, the annual rate of decline of the 10-City and 20-City Composites improved for the fourth consecutive month in 2009. ...


C.A.R. Reports June Home Sales Increased 20.1 Percent; Median Home Price Declined 26.4 Percent

RISMEDIA, July 29, 2009-Home sales increased 20.1% in June in California compared with the same period a year ago, while the median price of an existing home declined 26.4%, according to a report released by the California Association of Realtors® (C.A.R.). ...


Energy Efficient Homes Are Smart Investment for Savvy Homebuyers

RISMEDIA, July 29, 2009-In these economic times, the decision to purchase a home has become a very serious consideration, with cost of ownership in both the short and long term being in the forefront of the buyer's mind. One of the ...


State Lawmakers Dread End of Stimulus Dollars

RISMEDIA, July 29, 2009-(MCT)-Whether they welcomed or snubbed the federal economic stimulus package, state lawmakers took advantage of the bailout dollars this year to help patch their state's shaky finances. Now, as they start thinking ahead to next year's budget and the 2010 elections, lawmakers are increasingly apprehensive about what will ...


RE/MAX Claims Stake in Colombia and Morocco

RISMEDIA, July 29, 2009-RE/MAX International, Inc., recently welcomed the countries of Colombia and Morocco to its growing global franchise network which now boasts offices in more than 70 countries. ...


National 30-year Fixed Rate Drops Slightly; Some States See Increase

RISMEDIA, July 29, 2009-The weekly average rate borrowers were quoted on Zillow Mortgage Marketplace for 30-year fixed mortgages decreased slightly last week to 5.29%, up from 5.31% the week prior, according to the Zillow Mortgage Rate Monitor, compiled by real estate website Zillow.com. Meanwhile, rates for 15-year fixed mortgages fell ...


Daniel Gale Sotheby’s Launches New Interactive Website

RISMEDIA, July 29, 2009-Responding to the ever growing number of consumers who utilize the Internet- often from mobile communication devices- to assist in their home buying search, Daniel Gale Sotheby's International Realty (DGSIR) has launched a new interactive website, which can be found at www.danielgale.com. ...


Announcemymove.com and HWA Join Forces to Help Realtors Sell Homes Faster

RISMEDIA, July 29, 2009-AnnounceMyMove.com and Home Warranty of America have joined forces to offer Realtors a social media solution to promote their listings, open houses and client moves along with free home warranty coverage for their sellers on all new listings*. All Realtor members of AnnounceMyMove.com, HWA, Realbiz 360 and ...


New-Home Sales Rise 11 Percent In June, Marking Third Consecutive Month of Improved Sales Activity

RISMEDIA, July 28, 2009-Sales of newly built, single-family homes rose 11% in June to a seasonally adjusted annual rate of 384,000 units, according to numbers released by the U.S. Commerce Department. Coming on the heels of an upwardly revised number for May, the gain marks a third consecutive month of improved ...


First-Time Homebuyers Have Unique Advantage in Mortgage Market

RISMEDIA, July 28, 2009-(MCT)-First-time homebuyers and those thinking about refinancing are in a great place. ...


Freddie Mac Launches Effort to Help Servicers Handle Record Demand for Home Affordable Modifications

RISMEDIA, July 28, 2009-As part of its support for President Obama's Making Home Affordable program, Freddie Mac announced an agreement with Home Retention Services, Inc., a wholly owned subsidiary of Stewart Lender Services, Inc., to help several regional servicers process thousands of additional applications for Home Affordable Modifications. ...


Leaders Elite Announces August Webinars

RISMEDIA, July 28, 2009-Leaders Elite, a North American online membership-based training and coaching program for real estate professionals will present the following Webinars during August 1-15, 2009. ...


Sotheby’s International Realty Network Enters Rome

RISMEDIA, July 28, 2009-Sotheby's International Realty Affiliates LLC announced the signing of an exclusive 25-year master franchise agreement covering Lazio, Rome, with St. Peter - Real Estate s.r.l. ...


Fed Plans Consumer-Friendly Changes to Mortgage Rules

RISMEDIA, July 27, 2009-(MCT)-Federal Reserve governors unanimously proposed tough new consumer-friendly disclosure rules for mortgages and home equity loans last week, tackling one of the less-appreciated causes of the nation's deep financial crisis. ...


For Some, Small Homes are Just the Right Size

RISMEDIA, July 27, 2009-(MCT)-They had the land and the plan ready for a 3,000-square-foot retirement home. ...


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