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Real Estate News Archive


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. ...


Banking on the ‘Mortgage Stool’

RISMEDIA, February 23, 2009-(MCT)-You don't have to be a rocket scientist to figure out how to get your mortgage application approved these days, but it wouldn't hurt. ...


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

RISMEDIA, February 20, 2009-This week's headlines from the NATIONAL ASSOCIATION OF REALTORS® include: A special offer from Lowe's; take advantage of educational opportunities from NAR's REALTOR Benefits®; and see how NAR is advocating quick implementation of the Stimulus Package. ...


Housing Plan Is Bold, But Will It Fix the Problem?

RISMEDIA, February 20, 2009-(MCT)-President Barack Obama's new effort to use Wall Street rescue money to halt the soaring rate of mortgage foreclosures nationwide encourages refinancing of homes that are now worth less than their mortgages and provides incentives for lenders to lower the debt load on struggling homeowners. ...


Friday’s Featured Listing – Mt. Maria Preserve in Northern Michigan

RISMEDIA, February 20, 2009-MtMaria.com announces a large, undeveloped piece of land with incredible panoramic mountaintop views. Mt. Maria Preserve features building sites for nature lovers longing to escape the concrete jungle and reside within one of the most unique properties available in Michigan's Lower Peninsula, only a 3-4 hour drive ...


C.A.R. Reports Entry-Level Housing Affordability Increases to 59%

RISMEDIA, February 20, 2009-The percentage of households that could afford to buy an entry-level home in California stood at 59% in the fourth quarter of 2008, compared with 33% for the same period a year ago, according to a report released this week by the California Association Of Realtors® (C.A.R.). ...


When There’s No $ for the Rent

RISMEDIA, February 20, 2009-(MCT)-The national housing loan crunch that has hurt homebuyers with poor credit is also adversely affecting renters. But local real estate agents and developers say the demand for rental units remains strong. ...


Has the Housing Slump Cut the Demand for New Real Estate Agents, Training?

RISMEDIA, February 19, 2009-(MCT)-At the end of each of the two- and three-week real estate courses he has taught since 1986, Bob McCauley has stood at his lectern, handing out certificates to students-and on a tape recorder, played the graduation march. ...


Reader Commentary: Bring Back Lending to the Jumbo Loan Market

RISMEDIA, February 19, 2009-The following commentary was submitted by Rosie Rains, owner of Capital Financial Advisors Mortgage in Los Angeles, a boutique mortgage firm. Rains also is the author of "The Little Black Book of Wealth Building Mortgage Secrets," (McGraw Hill) and has appeared on The Big Idea with Donnie ...


Mortgage Applications Increase in Latest MBA Weekly Survey

RISMEDIA, February 19, 2009-The Mortgage Bankers Association (MBA) released its Weekly Mortgage Applications Survey for the week ending February 13, 2009. The Market Composite Index, a measure of mortgage loan application volume, was 875.3, an increase of 45.7% on a seasonally adjusted basis from 600.6 one week earlier. ...


MetroTex Association of Realtors Expects Stimulus Package to Boost North Texas Housing Market

RISMEDIA, February 19, 2009-Now that the American Recovery and Reinvestment Act has been signed into law by President Barack Obama, more families across Texas will be able to keep their homes and many others will be able to become first-time homeowners, says the dfwREALTOR Association. ...