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Real Estate News Archive


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. ...


LeadingRE Aligns with Adigida to Help Support Lead Conversion

RISMEDIA, March 10, 2009-Adigida has been selected by Leading Real Estate Companies of the World® as a vendor associate for its Leading Real Estate SolutionsTM division, which endorses fine real estate products for the network's 700 member firms. ...


Century 21 Real Estate Hosts International Convention in San Antonio

RISMEDIA, March 10, 2009-Century 21 Real Estate LLC, the franchisor of the world's largest residential real estate sales organization kicks off its annual international convention for CENTURY 21 brokers and agents today in San Antonio, Texas. The convention is part of an ongoing effort to provide support for the Century ...


HomeGain Releases Results of Survey of Realtors on Home Values

RISMEDIA, March 9, 2009-HomeGain®, one of the first websites to provide free instant home values, announced the results of an extensive nationwide survey on home prices based on responses of nearly 700 Realtors®.The survey shows that 45% of homeowners think their homes should be listed 10 to 20% higher than ...


Mortgage Woes Break Records again in Fourth Quarter

RISMEDIA, March 9, 2009-(MCT)-The American Dream of homeownership continues to unravel. On Thursday, the Mortgage Bankers Association reported that 48% of the nation's homeowners who have a subprime, adjustable-rate mortgage are behind on their payments or in foreclosure. ...


The Home Front – Buyers Demand Quick Response from Agents

RISMEDIA, March 9, 2009-(MCT)-Real estate agents going into this new sales season without a BlackBerry, iPhone or other personal digital assistant better get with it. ...


Is Mortgage Insurance Contributing to the Foreclosure Epidemic?

RISMEDIA, March 9, 2009-Recently, in several articles, I point out that loan modification is a no-brainer for lenders. They essentially have the following choices: ...