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Real Estate News Archive


Secret Shopper – Some Builders Ignoring Prospective Buyers

RISMEDIA, April 10, 2008-Two Denver-area marketing services companies released the results of a study of Colorado Front Range new home builders that reveals builders are spending millions of dollars luring prospective customers to their model communities only to ignore them after they visit. ...


Prudential California Realty Solidifies Partnership with Finnegan’s Rainbow Inc

RISMEDIA, April 4, 2008-John and Therese Finnegan, owners of Prudential California Realty-Finnegan's Rainbow Inc., which operates three offices on the Peninsula, announced that they have entered into a joint venture with Prudential California Realty, adding to the company's network of 53 offices in Northern California. The joint venture will operate ...


Manhattan Average Apartment Price Hits New Record

RISMEDIA, April 3, 2008-Demand for high-end real estate continues to buoy the market in Manhattan as the average apartment sale price hit a new record of $1,690,995 in the first quarter of 2008, according to Halstead Property's First Quarter Market Report. The new record represents an increase of 47 percent ...


Second-Home Sales Accounted for One-Third of Transactions in 2007

RISMEDIA, April 1, 2008-The combined total of vacation- and investment-home sales declined with the overall market in 2007, but still accounted for 33% of all existing- and new-home sales, which is close to historic norms, according to the National Association of Realtors®. ...


Friday’s Featured Listing: Coconut Grove’s Lofts at Mayfair

RISMEDIA, March 28, 2008-Lofts at Mayfair, an affordably luxurious loft project located in Coconut Grove, was honored as Best Loft at The Developers & Builders Alliance's 2007 Community Advancement Awards held recently at Mar-a-Lago Club in Palm Beach, Florida. In 2006, Lofts at Mayfair won a gold medal for architecture ...


California Real Estate – Sales Decrease 28.5%, Median Home Price Falls

RISMEDIA, March 26, 2008-Home sales decreased 28.5% in February in California compared with the same period a year ago, while the median price of an existing home fell 26.2%, the California Association of Realtors® (C.A.R.) reported this week."Although sales rose for the fourth straight month in February by 9.5% compared ...


Vintage Estates Realty Named Affiliate of Christie’s Great Estates

RISMEDIA, March 25, 2008-Vintage Estates Realty has been selected as an exclusive affiliate of Christie's Great Estates. Through Vintage Estates Realty, buyers and sellers of high-end properties in the South Carolina communities of Pawleys Island, Georgetown, and Myrtle Beach now have access to the combined marketing efforts of Christie's and ...


Prudential Gary Greene Realtors, Wells Fargo Home Mortgage Announce Joint Venture

RISMEDIA, March 19, 2008-Houston-based Prudential Gary Greene Realtors announced the launch of a joint venture with Wells Fargo Home Mortgage, a division of Wells Fargo Bank, N.A. The joint venture, named Gibraltar Mortgage Services, will originate and fund mortgage loans for clients of Prudential Gary Greene, Realtors. ...


6 Signs to Look for In Hopes of a Housing Recovery

By Shelly K. Schwartz ...


Friday’s Featured Listing: How Would You Market a Once-in-a-Lifetime Purchase?

RISMEDIA, March 14, 2008-The opportunity really is once in a lifetime in Atlanta. The Troy-Peerless building, recognized on the National Register of Historic places as one of the city's last remaining examples of small scale Art-Deco Architecture, has opened its doors to offer individual loft condominiums for purchase. ...


More Homeowners Are Just Walking Away

RISMEDIA, March 12, 2008-(MCT)-Owing more on properties than they're worth, some local homeowners are voluntarily walking away from their house notes. ...


How to Tap Your Retirement Assets to Achieve Real Estate Dreams

RISMEDIA, March 11, 2008--How many times have you run into eager real estate investors who had the bulk of their money tied up in retirement plan assets-and believed they had no way to tap those assets? Now you can help those clients and yourself utilize retirement assets to the fullest. ...


Looking to Connect with Consumers? Lowe’s Has the Answer

RISMEDIA, March 20, 2008-As a value-added benefit to its Program for REALTORS®, Lowe's is proud to announce that in April it will launch a new, monthly e-mail that will allow Realtors to keep in touch with their clients. This customizable e-mail is exclusively available only to Lowe's Program for REALTORS® ...


Home Sweet Home — StyleDesigner Allows Consumers to Scratch Their Nesting Itch

RISMEDIA, March 4, 2008-In a time when home buyers need every reassurance that they are making the right purchase, Obeo has developed a high-tech way to meet this very basic buyer need. ...


Realty World, Inc. Announces First Quarter 2008 Growth

RISMEDIA, Feb. 29, 2008-Realty World, Inc. recently announced the appointment of Teri Popovich as director of Members Services for the Realty World, Inc. family of brokers and agents. Popovich was formerly affiliated with the number one agent team in Southern California, and has a background in both residential and commercial ...


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