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Real Estate News Archive


Slowing in Market Deterioration Indicated by July New-Vehicle Retail Sales

RISMEDIA, July 25, 2009- Although new-vehicle retail sales in July are projected to decrease 19% from July 2008, this marks an improvement in year-over-year declines observed for the first half of 2009, according to J.D. Power and Associates, which gathers real-time transaction data from more than 10,000 dealerships across the United ...


Signs of Change: Existing-Home Sales Rise 3.6% in June

RISMEDIA, July 24, 2009-Existing-home sales rose for the third consecutive month with inventory easing and home prices declining less sharply in June, according to the National Association of Realtors®. ...


NAR Pulse: This Week’s Top Stories from the NATIONAL ASSOCIATION OF REALTORS

RISMEDIA, July 24, 2009-This week's headlines from the NATIONAL ASSOCIATION OF REALTORS® include: Free technology resources offered as part of the Right Tools, Right Now campaign, help your agents power-up their technical know-how with the all-new e-PRO®, and save $5 on all REALTOR® University Webinars. ...


Mortgage Insurers Work to Prevent Home Foreclosures

RISMEDIA, July 24, 2009-As unemployment and home foreclosures continue to rise and threaten the economic recovery, the mortgage insurance industry is stepping up its ongoing efforts to keep families in their homes. The industry has been at the forefront in developing systems and procedures to support the U.S. Treasury's Home Affordable ...


Regional Spotlight: Greater Philadelphia Housing Prices Decreased 6.3 Percent in First Half of 2009

RISMEDIA, July 24, 2009-Greater Philadelphia region* median home sale prices decreased 6.3% to $210,000 in the first six months of 2009, according to Prudential Fox & Roach, REALTORS'® HomExpert Market Report©. The median sale price in the first half of 2008 was $224,000. The region's median sale price decreased 7.1% compared ...


Today’s Featured Listing – Entertain in Style and Grace

RISMEDIA, July 24, 2009-An extraordinary opportunity has presented itself; to own one of La Jolla's great estates. This masterpiece is built on the bluff maximizing its priceless location and overlooking some of North America's best ocean views and one of San ...


Zillow Mortgage Marketplace Introduces ‘True Cost’ Mortgage Comparison Feature

RISMEDIA, July 24, 2009-Real estate website Zillow.com has introduced True Cost, a new comparison feature within Zillow Mortgage Marketplace that allows borrowers to shop anonymously across multiple loan programs, compare custom quotes and find the most affordable home loan for them. ...


Mortgage Applications Increase in Latest MBA Weekly Survey

RISMEDIA, July 24, 2009-The Mortgage Bankers Association (MBA) released its Weekly Mortgage Applications Survey for the week ending July 17, 2009. The Market Composite Index, a measure of mortgage loan application volume, was 528.9, an increase of 2.8% on a seasonally adjusted basis from 514.4 one week earlier. On an ...


Slow and Steady – Foreclosure Process Tests Patience

RISMEDIA, July 23, 2009-(MCT)-It's not a very common question, but one that is being asked more often than not as homeowners navigate their way through today's market. The question is simple: How do you get a lender to speed up the ...


Profits and the Virtual Culture

RISMEDIA, July 23, 2009-I have read at least a hundred articles over the last several years regarding the profitability of the typical brick and mortar real estate office business model. Having owned an independent real estate company with the brick and mortar business model in California years ago, and then, up ...


PCMS Consulting Joins Forces with Crye-Leike, Realtors

RISMEDIA, July 23, 2009-PCMS Consulting announced a new partnership with Crye-Leike REALTORS to assist the company in growth strategies to expand its franchise operation in multiple states. PCMS has business development personnel currently servicing over 20 states and plans to leverage Crye-Leike's already strong southern states footprint with the objective ...


Landvoice Upgrades Expired Service for Leaders Elite Members

RISMEDIA, July 23, 2009-Leaders Elite, a North American online membership-based training and coaching program for real estate professionals, announced that its partner Landvoice, a leading source for For Sale By Owner (FSBO) listings has upgraded its Expired service exclusively for Leaders Elite members. ...


Luxury Real Estate Firm Morgan Lane to Acquire Pacific Union Real Estate

RISMEDIA, July 23, 2009-Pacific Union GMAC Real Estate, one of Northern California's leading luxury real estate brands is being acquired by the principals of Morgan Lane Marin, Inc., a fast-growing boutique real estate firm with operations in Marin county. ...


ZipRealty Teams with Bank of America to Improve Online Home Buying Experience

RISMEDIA, July 23, 2009-ZipRealty, the nation's ninth largest real estate brokerage, announced a new mortgage feature, provided by Bank of America Home Loans, that will help streamline the home buying process for today's busy home shopper. ...


You’re a Key Market Player-Believe It

RISMEDIA, July 22, 2009-It's tough to convey the full value of working with a licensed real estate professional, but that's just what you should be trying to do in a market like the one we're seeing. ...


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