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Real Estate News Archive


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% ...


Mortgage Applications Increase in Latest MBA Weekly Survey

RISMEDIA, March 12, 2009-The Mortgage Bankers Association (MBA) released its Weekly Mortgage Applications Survey for the week ending March 6, 2009. The Market Composite Index, a measure of mortgage loan application volume, was 723.4, an increase of 11.3% on a seasonally adjusted basis from 649.7 one week earlier. On an ...


New Texas Legislation Could Hurt Consumers and Economy

RISMEDIA, March 12, 2009-The Texas Association of Realtors wants homeowners to know several troubling proposals are circulating at the Texas Capitol. They include bills that propose implementing a sales tax on real estate, known as a real estate transfer tax. These proposals would substantially increase the costs of homeownership at ...


How to Use Your VOW Website to Communicate with Buyers

RISMEDIA, March 12, 2009-Whether you are new to real estate or a seasoned veteran, you must be aware that consumers are using the Internet as the cornerstone of finding a home to buy. Year after year the influence of the Internet is measured by many - including the 2008 National ...


Predatory Lending Practices among Latinos to be Addressed before Congress

RISMEDIA, March 12, 2009-The National Council of La Raza (NCLR), the largest civil rights and advocacy organization in the United States, will testify before the U.S. House Committee on Financial Services today on Latino wealth-building priorities and reforming the nation's broken mortgage system. Since the hearing will look at consumer ...


Coldwell Banker Phyllis Rubin Real Estate Joins Better Homes and Gardens Real Estate Wilkins & Associates

RISMEDIA, March 12, 2009-Better Homes and Gardens Real Estate Wilkins & Associates announced its merger with Coldwell Banker Phyllis Rubin Real Estate. The company will operate under the name Better Homes and Gardens Real Estate Wilkins & Associates and will serve the Pocono Mountains, Monroe and Pike Counties, and the ...


Coldwell Banker Increased Merger/Acquisition Activity by 71% in 2008

RISMEDIA, March 11, 2009-The downturn in the real estate market provided opportunities for 96 Coldwell Banker® affiliated companies in the United States and Canada that increased their size and scope in 2008 through mergers and acquisitions. ...


Coldwell Banker Online Guides Offer Relocation and Community Information

RISMEDIA, March 10, 2009-Coldwell Banker Residential Brokerage has announced a new addition to their website www.californiamoves.com, detailed community guides that provide free online information for consumers in and around the major metropolitan areas of Los Angeles, Orange County, San Diego, San Francisco and Sacramento. ...


Sotheby’s International Realty Brand Named to Franchise Times’ Fast 55

RISMEDIA, March 10, 2009-Sotheby's International Realty Affiliates LLC announced it was ranked second on Franchise Times' Fast 55 list, a ranking of the fastest growing franchises, published in the March 2009 issue. ...


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