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Real Estate News Archive


Coldwell Banker CEO Discusses State of Housing Market

RISMEDIA, March 26, 2009-Jim Gillespie, president and CEO of Coldwell Banker Real Estate LLC, participated in CNBC's "Roadmap to Rebound" segment which focused on the state of the housing market, and what real estate professionals believe should happen to get the market moving again. ...


Century 21 Real Estate Expands Global Reach in 2008

RISMEDIA, March 26, 2009-Century 21 Real Estate LLC has announced that its international master franchises, which operate in 64 countries and territories worldwide, granted more than 400 new franchise offices outside of the United States in 2008. Domestically, 34 new independently owned and operated brokerage companies joined the franchise network ...


Steinborn GMAC Real Estate & Emerick Real Estate Firms Merge

RISMEDIA, March 26, 2009-Anna Emerick-Biad, president of Emerick Real Estate Inc. and John L. Hummer, president of Steinborn GMAC Real Estate announced that their two companies have merged and will now have approximately 40% market share of active listings in greater Las Cruces. ...


Light at the End of the Tunnel? U.S. Home Prices Rise for First time in 12 Months

RISMEDIA, March 25, 2009-U.S. home prices rose for the first time in 12 months, showing an increase of 1.7% on a seasonally-adjusted basis from December to January, according to the Federal Housing Finance Agency's (FHFA) monthly House Price Index. December's previously reported 0.1% increase was revised to a 0.2% decline, ...


How to Increase Your Business by 40% or More by Asking This Simple 4-Word Question

RISMEDIA, March 28, 2009-One of the key opportunities in all of your businesses, good market or bad, is follow up, and sometimes the simplest solutions to ongoing problems are the simplest. Let me share a little secret with you that should enable you to magically increase the number of follow ...


Attorney-Based Loan Modifications Helping Struggling Southern Californians Save Their Homes

RISMEDIA, March 25, 2009-Amid the buzz about Obama's housing market rescue plan with $75 billion earmarked to help troubled borrowers and otherwise stem the housing crisis at large, it's also been widely reported that more than half of the loans modified in the first quarter of 2008 "went bad again ...


Federal Reserve Announcement Drives Mortgage Rates to Drop

RISMEDIA, March 25, 2009-Driven by the news that The Federal Reserve plans to spend an additional $750 billion to buy mortgage-backed securities, the weekly average rate borrowers were quoted on Zillow Mortgage Marketplace for 30-year mortgages fell to 5.06%, down from 5.21% the week prior, according to the ...


EXIT Realty U.S. President Discusses Real Estate Market Shift

RISMEDIA, March 25, 2009-In a recent interview on the Real Estate Now Radio Show with Ric Giumenta of EXIT Realty First Choice, Tami Bonnell, president of the U.S. Organization of EXIT Realty Corp. International was optimistic about the real estate forecast: ...


Long & Foster President Nominated for FHA Commissioner & HUD Secretary for Housing

RISMEDIA, March 25, 2009-P. Wesley Foster, chairman and CEO of The Long & Foster Companies, announced that Long & Foster president and COO David H. Stevens has been nominated by President Barack Obama to serve as Federal Housing Administration Commissioner and Assistant Secretary for Housing. ...


5 Tips for Builders and Remodelers to Thrive in Today’s Economy

RISMEDIA, March 25, 2009-Looking for ways to maximize business opportunities during tough economic times? According to experts at Simonton Windows®, builders, remodelers and contractors can enhance their selling opportunities and close more deals if they follow these tips: ...


RE/MAX CENTRAL Featured on TLC’s ‘Deals on the Bus’

RISMEDIA, March 24, 2009-RE/MAX CENTRAL, of Las Vegas, NV, appeared on TLC's "Deals on the Bus," a new show featuring real estate agents who have successfully taken their business on the road. Nick Nolf, a top-producing Associate for RE/MAX CENTRAL and his foreclosure bus tour was the highlight of Saturday's ...


Coldwell Banker Residential Brokerage Acquired Home Sellers, Inc.

RISMEDIA, March 24, 2009-Coldwell Banker Residential Brokerage in New England announced that it has acquired the assets of Home Sellers, Inc., in South Portland, Maine. Home Sellers' operations in South Portland and Boothbay Harbor, Maine, will be combined with Coldwell Banker Residential Brokerage's existing Portland office. Home Sellers will now ...


Wave That Flag: Real Estate Leader Offers Tickets to ‘Dead’ Concert to Help Feed the Hungry

RISMEDIA, March 24, 2009-Billy Procida, president of William Procida Inc., an Englewood Cliffs, N.J.-based turnaround management firm for middle market real estate companies, is combining his two passions for music and giving back to raise money for charity. ...


How VOW Websites Help to Sell Homes Quickly

RISMEDIA, March 28, 2009-The value of a home is exactly equal to the amount a willing seller and a willing buyer agree to at a given point in time. It can sometimes be difficult or impossible to convince a seller of a realistic asking price, especially if they purchased their ...


Former Mortgage Originator Says President’s Mortgage Plan Needs to Do More

RISMEDIA, March 23, 2009-A former New York mortgage originator who spent four years in prison for securities fraud says President Obama's plans to help the mortgage industry correct itself while aiding millions of nearly bankrupt Americans trapped by unaffordable mortgage payments doesn't do enough. ...


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