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Real Estate News Archive


Builder Hopes Smaller, Better Homes Will Replace McMansions

RISMEDIA, February 26, 2009-(MCT)-Many in the building industry see the housing market's troubles as a disaster. Russell Versaci sees them as an opportunity. ...


30-Year Mortgage Rates Stay Steady Despite Housing Plan News

RISMEDIA, February 25, 2009-Although President Obama announced a sweeping Homeowner Affordability and Stability Plan, the weekly average rate borrowers were quoted on Zillow Mortgage Marketplace for thirty-year mortgages remained steady last week at 5.25%, up slightly from 5.23% the week prior, according to the Zillow Mortgage Rate Monitor, compiled ...


Economy Spurs Less Demand by Renters

RISMEDIA, February 25, 2009-(MCT)-The rental market is softening, spurred by a feeble economy that has more people searching for roommates or moving home with their parents. ...


RE/MAX Raises Millions for Children’s Miracle Network

RISMEDIA, February 25, 2009-Children's Miracle Network, based in Salt Lake City, UT, announced that RE/MAX real estate agents raised more than $8 million for the charity in 2008. From the time that RE/MAX began its relationship with Children's Miracle Network in 1992, RE/MAX Associates worldwide have raised more than $93 ...


National Consumer Law Center Warns of Fewer Rights to Homeowners Thanks to Antiquated State Laws

RISMEDIA, February 25, 2009-The nationwide foreclosure surge that has driven millions of Americans from their homes has been fueled by little-discussed and poorly understood "antiquated state laws" that favor banks and other lenders and deny basic protections to homeowners. That's the main conclusion of a new report from the National ...


Chicago Agents, Don’t Miss: Top 5 in Real Estate’s Free Seminar – ‘The New Deal in Real Estate’

Learn how becoming a member of RISMedia's Top 5 in Real Estate Network can help you learn the most effective ways to differentiate yourself and master expireds, price reductions, distressed properties and more ...


To the Editor: Readers Respond to Main Street Article

RISMEDIA, February 24, 2009-The article, "What about Main Street" http://rismedia.com/2009-02-18/what-about-main-street/ by George W. Mantor that ran in our e-news last Wednesday, Feb. 18 garnered a wealth of reader feedback. Here are a few responses we received: ...


House Swaps Picking up in Slow Real Estate Market

RISMEDIA, February 24, 2009-(MCT)-About two weeks ago, Leonard and Blynda Masters moved into Kathleen Jordan's Fort Caroline home, and Jordan and her four sons moved into the Masters' home, about four miles away. No, they weren't doing it for a ...


Rugged Economy Helping New Franchisor

RISMEDIA, February 24, 2009-The United States government has passed a new stimulus bill containing various measures to stimulate the crippled housing and lending markets. Critics agree the lending market will not be the same and it may take years for the housing market to turn around. Real estate brokers and ...


EXIT Realty Announces Addition to Its Sales Training Team

RISMEDIA, February 24, 2009-It's still doom and gloom at some real estate companies, but not at EXIT Realty where the company is growing again with yet another new addition its world-class sales training repertoire. ...


Tax Breaks Pile up for California Home Buyers

RISMEDIA, February 24, 2009-(MCT)-Major housewarming gifts worth thousands of dollars are piling up for Sacramento-area couples and singles who buy a house in 2009. ...


Survey Gauges Economy’s Impact on Corporate Relocation

RISMEDIA, February 24, 2009-Ellie Sullivan, director of Consulting Solutions for Weichert Relocation Resources Inc. (WRRI), announced the launch of WRRI's annual Mobility and the Current Real Estate Market survey. ...


The Basics of Moving and Taxation

RISMEDIA, February 23, 2009-Now that 2008 is over, it's the right time for you and your clients to begin thinking about taxes. Many of us are getting our records in order in preparation for tax day, April 15, 2009. If you or your clients have made a move this year, ...


The Plan to Slow Foreclosures – Just another Wall Street Bailout?

RISMEDIA, February 23, 2009-After listening to and reading about President Obama's plan to cure the foreclosure epidemic, I wish I could say, "It's about time!" For far too long, the federal government has been focused on bailing out Wall Street rather than Main Street. I was hoping that Obama would ...


PA Realtors Say State Can Benefit from Economic Stimulus Plan

TRISMEDIA, February 23, 2009-The Pennsylvania Association of Realtors(R) (PAR) said that the Obama Administration's Homeowner Affordability and Stability Plan would be beneficial to residents and the real estate industry in Pennsylvania. ...


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