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Real Estate News Archive


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. ...


Realtors Recommend Responsible Lending Practices

RISMEDIA, March 17, 2009-In a testimony delivered to the House Financial Services Committee's Subcommittee on Financial Institutions and Consumer Credit, National Association of Realtors® President Charles McMillan states that Realtors® care about protecting consumers from unfair lending practices and are important allies in those efforts. ...


Recession Got You Down? Don’t React – Act!

RISMEDIA, March 17, 2009-It's not uncommon for the typical cube-land employee to feel like a pinball, being bounced around from setback to setback. ...


Credit Markets and Economy Add Pressure to Commercial Mortgage Performance

RISMEDIA, March 17, 2009-The weakening economy and continued credit crunch contributed to increases in commercial/multifamily mortgage delinquencies during the fourth quarter of 2008, according to the Commercial/Multifamily Delinquency Report from the Mortgage Bankers Association (MBA). ...


Rental Site Partners with Twitter Giving Renters Something to Tweet About

RISMEDIA, March 14, 2009-Social networking sites are constantly being integrated with the real estate industry, giving prospective home buyers the chance to search the Internet in the manner most comfortable to them when looking for a home. ...


HUD Awards $12 Million in Grants to Bring Jobs, Economic Independence to Public Housing Residents

RISMEDIA, March 16, 2009-The U.S. Department of Housing and Urban Development (HUD) awarded nearly $12 million in grants to 207 public housing agencies across the U.S. to help public housing residents find jobs that lead them toward economic independence. ...


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. ...


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