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Real Estate News Archive


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. ...


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. ...


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