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Real Estate News Archive


A Sinking Feeling: One-in-Five Homeowners Feels ‘Underwater’ on Mortgages

RISMEDIA, March 21, 2009-The latest survey by the Pew Research Center for the People & the Press finds that 20% of all homeowners-or 30% of mortgage holders-say that if they had to sell their home right now, it would sell ...


Building for the Future

As 2009 gets underway, real estate professionals across the country are looking for ways to keep their companies thriving during this trying time. While many are anxious about the economy and what it means for the real estate industry as a whole, Gary Walker, general manager, residential vice president with ...


RE/MAX Wins Large Canadian Office Conversion

RISMEDIA, March 16, 2009-RE/MAX International announces the largest Canadian office conversion it has absorbed in its 36-year history. The two top performing Keller Williams Results offices, located in suburban Vancouver, British Columbia, will now become known as RE/MAX Results and will continue to operate in their current locations. ...


Century 21 Judge Fite Company Awards $250 Gas Card

RISMEDIA, March 16, 2009-CENTURY 21 Judge Fite Company awarded a $250 gas card in the monthly "Connections Referral Contest" to agent Nita Mullins of the CENTURY 21 Judge Fite Waxahachie office. ...


Howard Hanna Looking to Jumpstart Home Sales with Incentives Package

RISMEDIA, March 16, 2009-Howard Hanna Real Estate Services is supplementing the federal government's home buying stimulus program with a stimulus plan of their own - the Howard Hanna Assurance program. ...


RealtySoft.com Announces Re-launch of Its Free IDX Service

RISMEDIA, March 16, 2009-RealtySoft.com announced the re-launch of its RealtySoft Free IDX interface that will integrate with any agent or broker website. The new improved interface offers enhanced MLS® searching, listing display, and lead-capture capabilities. ...


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

RISMEDIA, March 13, 2009-This week's headlines from the NATIONAL ASSOCIATION OF REALTORS include: savings up to 42% on Lenovo PC's available through the REALTOR Benefits® Program; read what crucial tax information homeowners, buyers, and sellers need to know; and REALTORS® get the Right Tools, Right Now. ...


Mortgage and Financial Markets Continue to Slow Housing Activity

RISMEDIA, March 13, 2009-The National Association of Home Builders (NAHB) told Congress that the housing sector is still being significantly affected by the upheaval in the financial and mortgage markets that started in 2007, and there is deep concern that these financial dislocations will increase the depth and length of ...


DTI Ratios: What Homeowners Need to Know

RISMEDIA, March 13, 2009-Ask homeowners about their DTI (debt-to-income) ratios, and they're likely to respond with something like, "My what ratios?!" However, when distressed homeowners are sizing up their foreclosure options, they need to brush up on DTI ratios. Lenders ...


Friday’s Featured Listing – An Underground Retreat in Atlantic Beach Dunes

RISMEDIA, March 13, 2009-Situated on a 50-foot by 199-foot oceanfront homesite in Atlantic Beach, this multi-family beach house with its grass roofline that is built into the dunes is a one-of-a kind opportunity for homeowners looking for their very own beach retreat. ...


North Carolina Association Renews Contract with Centralized Showing Service

RISMEDIA, March 13, 2009-Centralized Showing Service announced that the Sanford Area Association of REALTORS® has renewed its contract with their company for the next two years. ...


Appraisal Institute Urges Congress to Address Feeble Oversight

RISMEDIA, March 13, 2009-In testifying before Congress yesterday, the Appraisal Institute told lawmakers that mortgage reform legislation is needed to address structural weaknesses in mortgage industry regulation. Calling current regulatory oversight "feeble," the Appraisal Institute called upon Congress to provide state and federal appraisal oversight agencies with greater enforcement power, ...


Prudential Rand’s Linda DeFilippo to Appear on HGTV’s “Desperate to Buy”

RISMEDIA, March 13, 2009-Prudential Rand Realty announced that Linda DeFilippo, a licensed real estate salesperson and award-winning agent with the firm's Nanuet office, will appear on an episode of "Desperate to Buy" at 11 p.m. on Monday, March 16 on the HGTV network. ...


Committee Passes Small Business Administration Budget Recommendation

RISMEDIA, March 13, 2009-The House Committee on Small Business submitted its recommendations for the Small Business Administration's (SBA) Fiscal Year 2010 budget, doubling previous budgets by proposing $1.43 billion in funding for agency programs that will help local businesses stay afloat and promote economic recovery. The recommendations submitted by the ...


Foreclosure Activity up 6% in February

RISMEDIA, March 12, 2009-RealtyTrac (www.realtytrac.com), one of the leading online marketplaces for foreclosure properties, released its February 2009 U.S. Foreclosure Market ReportTM, which shows foreclosure filings - default notices, auction sale notices and bank repossessions - were reported on 290,631 U.S. properties during the month, an increase of nearly 6% ...