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Real Estate News Archive


Steve Rodgers Named President of Windermere Exclusive Properties

RISMEDIA, March 2, 2009-Steve Rodgers, former President and CEO of Prudential California Realty, Southern California was named a partner and the new President of Windermere Exclusive Properties. ...


NAR Pulse: This Week’s Top Stories from the NATIONAL ASSOCIATION OF REALTORS

RISMEDIA, February 27, 2009- This week's headlines from the NATIONAL ASSOCIATION OF REALTORS? include: A special offer from REALTOR Benefits® Partner, Salesgenie; Support REALTOR® Owned & Operated Companies and Partners; and see how REALTORS® are endorsing Obama's recovery plan. ...


Rates Are Low, But What about Mortgage Fees?

RISMEDIA, February 27, 2009-(MCT)-Mortgage rates are low, but getting them is going to cost you. New rules by Freddie Mac and Fannie Mae are upping the fees for borrowers with less than perfect credit, those in the mortgage industry say. ...


Americans: Smart Growth Approach to Transportation Helps Build Communities

RISMEDIA, February 27, 2009-An overwhelming majority of Americans believe restoring existing roads and bridges and expanding transportation options should take precedence over building new roads, according to a survey sponsored by the National Association of Realtors® and Transportation for America. ...


Friday’s Featured Listing – Want to Retire on a Cruise Ship?

RISMEDIA, February 27, 2009- Waterfront Lifestyles International, a boutique maritime lodging company, is currently taking reservations for retirement condos on a mid-size cruise ship that will make monthly cruises to the Bahamas. ...


Realogy Reports Results for Full Year 2008

RISMEDIA, February 27, 2009- Realogy Corporation, a global provider of real estate and relocation services, reported results for the year ended December 31, 2008. Realogy generated $109 million of cash flow from operations in fiscal 2008 and, as of December 31, 2008, had $402 million of readily available cash. The ...


Move, Inc. Announces Departure of Senior Executive

RISMEDIA, February 27, 2009- Move, Inc., a leader in online real estate, announced that Lorna Borenstein, the company's current President, has decided to leave the company effective March 13, 2009. Steven Berkowitz, who was named Move's Chief Executive Officer on January 21, 2009, will assume responsibility for Borenstein's duties. ...


HUD Allocates Over 10 Billion of Recovery Act Funding – One Week After Bill Signing

RISMEDIA, February 27, 2009-The U.S. Department of Housing and Urban Development (HUD) announced that it has allocated nearly 75% of its funding, or $10.1 billion, made available through the American Recovery and Reinvestment Act of 2009. The Recovery Act includes $13.61 billion for projects and programs administered by HUD, 75% ...


Fear of Foreclosure Exposure?

RISMEDIA, February 27, 2009-(MCT)-Programs are available to help some people avoid housing foreclosure, but getting people to attend a free seminar has proven to be a challenge. For the second time, no one showed up to make use of information on offer at a scheduled foreclosure intervention seminar Monday evening ...


AmeriDream – Home Buyers Need Incentives

RISMEDIA, February 27, 2009- Today's news that January home sales declined is further evidence that Congress must provide proven incentives like downpayment assistance (DPA) in order to stabilize the housing market, according to Ann Ashburn, President of AmeriDream, Inc. The National Association of Realtors announced today that existing home sales ...


Power Broker Survey Deadline This Friday: Don’t Miss Your Chance to Rank among Leaders

RISMEDIA, February 26, 2009--The deadline for RISMedia's 21st Annual Power Broker Report & Survey-the industry's leading report ranking the nation's top brokerages-has been extended to this Friday, February 27. Inclusion in this listing of the real estate industry's "who's who" ...


Economic Stimulus Bill Raises Reverse Mortgage Loan Limit, More Older Americans Served

RISMEDIA, February 26, 2009-The Economic Stimulus Bill signed recently by President Obama expands the opportunity to benefit from a reverse mortgage to even more American seniors. The new bill will raise the HECM loan limits to 150% ...


Is Green Building the Economy’s Bright Spot?

RISMEDIA, February 26, 2009-New studies and reports point to green building as one of the growing bright spots for the U.S. economy, according to the U.S. Green Building Council ...


Mortgage Applications Decrease in Latest MBA Weekly Survey

RISMEDIA, February 26, 2009-The Mortgage Bankers Association (MBA) released its Weekly Mortgage Applications Survey for the week ending February 20, 2009. The Market Composite Index, a measure of mortgage loan application volume, was 743.5, a decrease of 15.1% on a seasonally adjusted basis from 875.3 one week earlier. This week's ...


Consumer Confidence, Housing Prices Take Tumble This Week

RISMEDIA, February 26, 2009-(MCT)-As hopes dimmed that the nation would find a quick fix for the troubled economy, nationwide, consumer sentiment plunged to an all-time low, the Conference Board reported Tuesday. There also was a new report that home prices tumbled at a record rate nationwide last year. ...


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