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Real Estate News Archive


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. ...


From Top to Bottom – Rural Development Home Loan Programs

Commentary by Jason Kotar ...


Sluggish Times Call for Divine Intervention

RISMEDIA, June 13, 2008-Nearly one third of adults (63.2 million) would consider asking their real estate agent to bury a four-inch statue of St. Joseph in the yard to help sell their home in today's sluggish economy. ...


Arizona Merger Creates Largest Sotheby’s International Realty Network Member

RISMEDIA, June 5, 2008-Sotheby's International Realty Affiliates LLC announced that Equitable Sotheby's International Realty in Scottsdale, Ariz., has merged with Arizona's legendary real estate icon, Russ Lyon Realty Company in Scottsdale, Ariz., creating the brand's largest network member. ...


Abio AHK Realty of Dallas Affiliates with Real Living

RISMEDIA, June 5, 2008-Real Living Inc., one of the first women-focused brands in real estate, has announced its affiliation with Abio AHK Realty in Dallas. Abio was built upon the successful career of CEO Bettie Abio and remains among the most creative and innovative of brokerages with two offices and ...


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