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Real Estate News Archive


Looking for Success? 10 Things You ‘Must’ Do to Find it

RISMEDIA, March 18, 2009-As the real estate market begins to turn around, the most important thing on your mind should be whether you are positioned to take advantage of this uptick. ...


30-Year Mortgage Rates Drop Substantially for First Time in Four Weeks

RISMEDIA, March 18, 2009-The weekly average rate borrowers were quoted on Zillow Mortgage Marketplace for thirty-year mortgages fell for the first time in a month to 5.21%, down from 5.28% the week prior, according to the Zillow Mortgage Rate Monitor, compiled by real estate website Zillow.com. Meanwhile, rates for ...


Obeo to Make ‘Bold’ Appearance at 2009 LeadingRE Annual Conference

RISMEDIA, March 18, 2009-Obeo, a provider of full-service residential real estate online marketing products in North America, will showcase its newest technology tools and services at the Leading Real Estate Companies of the WorldTM 2009 Annual Conference March 26-28 at the Westin Kierland Resort & Spa in Scottsdale, Arizona. ...


Realogy Charitable Foundation Distributed $2.9 Million in Net Proceeds to Support Charitable Causes in 2008

RISMEDIA, March 18, 2009-Realogy Corporation, a global provider of real estate and relocation services, announced that even during the challenging real estate market of 2008, its employees, agents and brokers continued to volunteer and raise funds for their local chapters of the Realogy Charitable Foundation, which distributed $2.9 million to ...


Coldwell Banker United, Realtors Renews Long-Term Franchise Agreement

RISMEDIA, March 18, 2009-Coldwell Banker United, Realtors, which has grown dramatically since affiliating with the Coldwell Banker® brand in 1986, has renewed its franchise agreement and will remain a Coldwell Banker affiliated company through at least 2020. According to the company, Coldwell Banker United, Realtors is the largest affiliate within ...


New ‘Recession-Proof’ Franchise Attracting Brokers

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Realogy CEO Richard A. Smith Joins the Business Roundtable and its Corporate Leadership Initiative

RISMEDIA, March 18, 2009-Realogy Corporation, a global provider of real estate and relocation services, announced that President and Chief Executive Officer Richard A. Smith has joined The Business Roundtable, an association of chief executive officers of leading U.S. companies with more than $5 trillion in annual revenues and nearly 10 ...


Builder Confidence Remains Unchanged in March

RISMEDIA, March 18, 2009-Builder confidence in the market for newly built single-family homes remained unchanged in March as economic woes continued to take their toll on potential buyers, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI). The HMI held steady at 9 in March, ...


Fed Chairman Believes Recession Will End by Year End

Ben Bernanke sits down for rare interview with CBSNews' 60 Minutes, discusses, banks, unemployment, American's frustrations over bailout money, and how we will avoid the next Great Depression ...


DTI Ratios: What Homeowners Need to Know

RISMEDIA, March 17, 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 will be scrutinizing these ratios to determine homeowner eligibility for ...


All This Talk about ‘Green’…It’s Enough to Turn ‘Ye Puce

RISMEDIA, March 17, 2009-You can bet that in the next few months someone will chastise you for not being "green" enough. It is the current day equivalent of the anti-littering campaign that succeeded in stopping most Americans from throwing their trash out of the car windows while driving...at least when ...


Hammond Residential GMAC Real Estate Acquired by Local Real Estate Industry Veteran Saul Cohen

RISMEDIA, March 17, 2009-Hammond Residential GMAC Real Estate, a Massachusetts residential real estate firm, has been sold to local real estate industry veteran Saul B. Cohen. As a result, Cohen is buying back the firm he started in 1991 and later sold to GMAC Home Services in 2001. ...


Freddie Mac Launches REO Rental Initiative for Tenants, Owner-Occupants after Foreclosure

RISMEDIA, March 17, 2009-Freddie Mac (NYSE: FRE) launched its new REO Rental Initiative giving qualified tenants and former owners the option to lease their recently foreclosed properties on a month-to-month basis. The REO Rental Initiative will be managed by HomeSteps®, Freddie Mac's national real estate unit, and implemented through several ...


New York Law School’s Center for Real Estate Studies Holds Forum with Panel of Experts

RISMEDIA, March 17, 2009-The Center for Real Estate Studies at New York Law School will hold a breakfast forum on "Real Estate Workouts in a Securitized World," which will explore the problems faced by borrowers and lenders with the state of today's economy, on Wednesday, March 18 at 8:15 a.m. ...


To Bail or Not to Bail? What You Should Know about the Stock Market

RISMEDIA, March 17, 2009-(MCT)-Even with its strong rally last week, the stock market's steady drop this year has prompted more investors to fold up their tents and walk away. ...


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