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Real Estate News Archive


The Industry Responds – Fannie Mae and Freddie Mac, New Guidelines

RISMEDIA, July 16, 2008-With Fannie and Freddie's financial troubles sending shockwaves through the country, leaders in the industry have stepped up to the plate, offering their take on what the latest developments mean for those effected most-the consumers. ...


Real Estate Prices Rise for Four Straight Months – Is Anyone Noticing?

RISMEDIA, July 14, 2008-Amidst the gloom on Wall Street about housing someone forgot to check the stats. The National Association of Realtors® has now reported four straight months of rising housing prices, but it seems no one is listening. ...


Friday’s Featured Listing – Kemick Homes in St. Johns Forest

RISMEDIA, July 4, 2008-Making its Northeast Florida debut, Kemick Homes recently unveiled a spectacular model home in the premier neighborhood of St. Johns Forest. Showcasing cutting-edge technology and energy-efficiency, the model introduces visitors to the green construction and quality finishes for which Kemick has become known. ...


Obeo Reveals Survey Findings on Home-Buying Behavior, Gender Impact

RISMEDIA, July 3, 2008-In keeping with its reputation as an expert in buyer behavior, Obeo's recent survey reveals significant findings regarding gender's impact on the process of purchasing a home. ...


Average Sale Price of Manhattan Apartments Increases 36% From Last Year

RISMEDIA, July 3, 2008 -Despite dismal national trends, the real estate market in Manhattan remains strong with the average apartment price rising 36% from a year ago to $1,663,533, according to the Second Quarter Market Report released by Halstead Property. Even the median price, which is not impacted by the ...


Northern California Real Estate Merger Expands Sotheby’s International Realty Network

RISMEDIA, July 2, 2008-Sotheby's International Realty Affiliates LLC announced that Montclair Better Homes Realty in Oakland, California, has with People & Properties Sotheby's International Realty, Calif., becoming the newest member of its luxury real estate network. ...


Stirling Commercial Group to Merge with Stirling Sotheby’s International Realty

RISMEDIA, July 2, 2008-Stirling Commercial Group, a commercial real estate services company formed in 1989, has joined forces with Stirling Sotheby's International Realty, a luxury home specialist that is part of one of the largest luxury real estate brand in the world. ...


Coldwell Banker Residential Brokerage Aligns Condo, New Home and Resale Divisions

RISMEDIA, July 1, 2008-Coldwell Banker Residential Brokerage will combine the resources of its new home sales and marketing divisions - Builder Developer Services and The Condo Store - to become one of Atlanta's most comprehensive real estate sales and marketing companies. Maintaining their own brand identities, the teams from each ...


Defining the “3rd Factor” in Moving Quotes

By Fayette Wester ...


Sky Sotheby’s International Realty Spins Off Auction Division

RISMEDIA, June 30, 2008-In response to steady demand from clients, luxury brokerage firm SKY Sotheby's International Realty has formed a separate company, Concierge Auctions, to expand and further develop its residential real estate auction platform. ...


Allison James Estates and Homes Announces New Acquisition Strategy

RISMEDIA, June 27, 2008- Allison James Estates and Homes announced that is engaged in an aggressive growth plan, according to James A. Crumbaugh III, CEO. "We are open to acquirements," he said, "and are forcefully pursuing acquisitions." ...


Avalar Network, Inc. Acquires Better Homes Realty

RISMEDIA, June 25, 2008-Avalar Network, Inc., parent company of Avalar Real Estate, has acquired Better Homes Realty and all of its associated franchise operations. According to the company, Avalar has become one of the fastest growing real estate franchises in North America, sharing millions of dollars with its franchisees, agents ...


Harry Norman, Realtors President Lewis Glenn Retires, Successor Named

RISMEDIA, June 24, 2008-After months of thoughtful consideration, Harry Norman, Realtors® President and CEO, Lewis Glenn, announced his retirement from Harry Norman, Realtors to pursue other personal and professional opportunities. Senior Vice President and General Manager, Martha Hayhurst, will succeed Glenn as President of Harry Norman, Realtors®. ...


There is Gold in your Neighborhood! Part II

By Gabriel Gross and Zoltan Szendro ...


FHA Extends Financing for Immediate Purchase of Foreclosed Homes

RISMEDIA, June 17, 2008-In an effort to stabilize declining home values in certain neighborhoods, the Bush Administration announced a temporary policy that will extend government-backed mortgage insurance and allow for the immediate sale of vacant foreclosed properties. ...


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