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Real Estate News Archive


Allen Tate Company Launches Programs to Help Buyers, Sellers Succeed in Today’s Real Estate Market

RISMEDIA, May 1, 2009-Buying or selling a home is always a highly personal and emotional decision. But the challenges - and opportunities - of today's real estate market have elevated the scope of those decisions to a whole new level. ...


Venice Sotheby’s International Realty Showcases Monuments Exhibition

RISMEDIA, May 1, 2009-An exciting juxtaposition of contemporary art and Gothic architecture will be showcased in an historic Venetian Palazzo, with an iconic installation by international artist Terry Duffy. ...


NRT and National Community Reinvestment Coalition Announce $150,000 in Grants to Support Innovative Fair Housing Initiatives

RISMEDIA, May 1, 2009-The National Community Reinvestment Coalition (NCRC), a coalition of community groups devoted to expanding financial access, and NRT LLC, one of the nation's largest residential real estate brokerages, announced the award of nine local grants to fund community partnerships and initiatives that celebrate neighborhood diversity and promote ...


Prudential Connecticut Realty Ranks Fourth out of Prudential Affiliates in North America for Gross Commission Income

RISMEDIA, May 1, 2009-Prudential Connecticut Realty ranked 4th in gross commission income out of 2,100 Prudential real estate affiliates in North America, announced Peter Helie, Chairman and CEO. ...


Realogy CEO Discusses How to Jump-Start the Housing Market at Milken Institute Global Conference

RISMEDIA, April 30, 2009-Richard Smith, President and CEO of Realogy Corp., took part in a panel discussion titled ‘Jump-Starting the Housing Market' at the Milken Institute 2009 Global Conference. Smith and panelists Donald Brownstein, CEO and Chief Investment Officer, Structured Portfolio Management; Ross DeVol, Director of Regional Economics and the ...


Adding Twitter to my Crazy Busy Life

RISMEDIA, April 30, 2009-First of all, you should all know that my children refer to me as a hippie. Well, technically, I was born on the wrong side of '56 to have been full swing into the culture, but, I was certainly on the cusp. So no one is more ...


FHFA Proposes Rule to Adjust Housing Goals, Provide Credit for Loan Modifications

RISMEDIA, April 30, 2009-The Federal Housing Finance Agency (FHFA) sent a proposed rule establishing 2009 housing goals for Fannie Mae and Freddie Mac to the Federal Register for publication. Loan modifications undertaken by the GSEs consistent with the Administration's loan modification initiative would receive credit toward achievement of housing goals. ...


Appraisal Institute Urges Congress to Pass Mortgage Reform Bill

RISMEDIA, April 30, 2009-The Appraisal Institute, one of the nation's largest organizations of professional real estate appraisers, is urging Congressional representatives to pass H.R. 1728, the Mortgage Reform and Anti-Predatory Lending Act of 2009, a bill that would eliminate a number of regulatory loopholes in the mortgage lending system and ...


On the Move – Baby Boomers Take Advantage of Age-Restricted Communities

RISMEDIA, April 30, 2009-Most baby boomers, like their parents, are choosing to "age in place," but a large and growing number - more than 1.2 million households - are choosing to move to communities designed to meet their needs, according to a study released by the National Association of Home ...


MetroList Services Adds Dwellicious to Its MetroListMLS.com Listings Site

RISMEDIA, April 30, 2009-W&R Studios announced that MetroList Services, one of the largest MLS providers in California, added Dwellicious integration to it's popular consumer portal, MetroListMLS.com. MetroListMLS.com currently receives over 300,000 visitors per month. ...


RealtyTrac Opens U.S. Foreclosure Data to International Buyers with Enormo Partnership

RISMEDIA, April 30, 2009-RealtyTrac®, one of the leading online marketplaces for foreclosure properties, and Enormo, a leading global real estate portal, announced a groundbreaking strategic alliance that will give Enormo's international user base of potential homebuyers and investors unique access to RealtyTrac's database of U.S. foreclosures. ...


Zillow.com Launches Zillow iPhone App

RISMEDIA, April 30, 2009-Real estate website Zillow.com announced the launch of the Zillow® iPhone App, bringing Zillow's rich data on 88 million U.S. homes to the streets, and into users' hands. Using GPS technology, the Zillow iPhone App pinpoints a user's location on a dynamic map and shows Zestimate® values ...


Residential Real Estate Price Declines Slowed in February

RISMEDIA, April 29, 2009-Data through February 2009, released by Standard & Poor's for its S&P/Case-Shiller1 Home Price Indices, one of the leading measures of U.S. home prices, shows continued broad based declines in the prices of existing single family homes across the United States, with 10 of the 20 metro ...


March Home Sales in CA Increased 63.8% While Median Home Prices Declined 39%

RISMEDIA, April 29, 2009-Home sales increased 63.8% in March in California compared with the same period a year ago, while the median price of an existing home declined 39%, the California Association of Realtors® (C.A.R.) reported. ...


30-Year Mortgage Rates Remain Low

RISMEDIA, April 29, 2009-The weekly average rate borrowers were quoted on Zillow Mortgage Marketplace for thirty-year mortgages remained relatively steady last week. Last week's rate was 5.07%, up slightly from 5.06% the week prior, according to the Zillow Mortgage Rate Monitor, compiled by real estate website Zillow.com®. Meanwhile, ...


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