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Real Estate News Archive


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, ...


New-Home Inventory Continued to Shrink in March

RISMEDIA, April 29, 2009-The number of newly built, single-family homes on the market declined for a 23rd consecutive month in March as builders focused on winnowing down their inventories of unsold units, according to new-home sales data reported by the U.S. Commerce Department. Inventory shrank to 311,000 units, which is ...


Market Leader Announces Partnership with Realty Executives International

RISMEDIA, April 29, 2009-In a first-of-its-kind partnership for the real estate industry Market Leader (http://www.marketleader.com), an online marketing technology company for real estate professionals, announced a strategic relationship with Realty Executives International to offer the company's RealtyGenerator lead generation and lead management system as well as its lead generation expertise ...


Rick Turley Named President of Coldwell Banker in Bay Area

RISMEDIA, April 29, 2009-NRT LLC, one of the nation's largest residential real estate brokerage companies, announced that veteran real estate executive Rick Turley has been named president of one of its newly reorganized companies, Coldwell Banker Residential Brokerage in the San Francisco Bay Area. Turley most recently was president of ...


Realty Executives Launches Online Lead Generation Program to Drive Homebuyers to Local Brokerages

RISMEDIA, April 29, 2009-Realty Executives International announced an innovative online lead generation program, pay-per-click advertising strategy and new technology initiative. ...


Finding Bottom: Where the Market Will Turn Around

RISMEDIA, April 28, 2009-The end is near. When exactly, is hard to predict. It is also hard to predict what that end will look like. However, it is hard to escape the sense that some things will change forever. But ...


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