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Real Estate News Archive


HUD Secretary Shaun Donovan Announces New FHA-Making Home Affordable Loan Modification Guidelines

RISMEDIA, August 3, 2009-U.S. Department of Housing and Urban Development Secretary Shaun Donovan announced the Federal Housing Administration (FHA) has implemented changes to its loan modification program to ensure consistency with the Obama Administration's Home Affordable Modification Program. By August 15, FHA borrowers will be able to significantly reduce their monthly ...


Is Your IDX Strategy Right For You?

RISMEDIA, August 3, 2009-As the industry has evolved to engage and provide consumers with quality information, there are more options than ever before for agents to provide MLS search tools within their personal websites. When talking with Realtors, I often use the analogy of buying a car. Any operating car can ...


Intero International Announces Expansion into Asia-Pacific Region

RISMEDIA, August 3, 2009-Intero International Franchise Services, LLC, a company affiliated with Intero Real Estate Services, Inc. recognized as one of the fastest-growing and most innovative brokerages in the industry, announced that it has reached an agreement that permits Intero International to expand the INTERO® brand throughout Asia and the ...


FHA Home Modification Program Will Help Thousands of Homeowners, Say Realtors

RISMEDIA, August 3, 2009-The following is a statement by National Association of Realtors® President Charles McMillan: ...


Refinances in Second Quarter Reduce Mortgage Payments by $3.4 Billion in Coming Year

RISMEDIA, August 1, 2009-In the second quarter of 2009, half of borrowers who refinanced their loan lowered their annual mortgage interest rate by at least 20% according to Freddie Mac's quarterly Refinance Report. The new interest rate was about 1.25 percentage ...


How Can Agents Attract Buyers to Open Houses?

RISMEDIA, August 1, 2009-As real estate continues to become centered around the latest technology advancements and real estate agents are focusing their time and money on new ways to connect with clients, many are moving away from the basics. Here, Sami Inkinen, COO and Co-founder of Trulia, discusses ways in which ...


Cash-for-Clunkers Program May be Suspended Just Days after Start

RISMEDIA, August 1, 2009-(MCT)-Four days after it launched, the popular cash-for-clunkers program has burned through its $950 million budget, sending the Obama administration scrambling to find additional money and avoid a shutdown of the program. ...


Real Estate Professionals: Promote Your Value Now More Than Ever

JD Power and Associates survey reveals importance of extra services increases as buyers and sellers seek value from real estate companies ...


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

RISMEDIA, July 31, 2009-This week's headlines from the NATIONAL ASSOCIATION OF REALTORS include: Articles and information offered as part of the Right Tools, Right Now campaign, marketing tools from NAR's REALTOR Benefits Program Partners, and existing-home sale are up again. ...


New Home-Appraisal Rule Brings Turmoil to Real Estate Industry

RISMEDIA, July 31, 2009-(MCT)-When David and Penny Mann decided it was time to move to a retirement community, their real estate agent told them that in this rough market, it could take months to sell their downtown San Jose Victorian. ...


Luxury Prices Continue to Fall – Owners Ask for Less and Add Perks

RISMEDIA, July 31, 2009-(MCT)-After lowering the $4.2 million asking price of their Lake Bluff estate three times and by more than $1 million, Mike and Marti Palmer flirted with the idea of trading the still-unsold custom home for something smaller. ...


Today’s Featured Listing – Peace and Tranquility Abound in Charleston

RISMEDIA, July 31, 2009-Located in Charleston, South Carolina, this home boasts over 8,500 square feet of luxury residence and presents a rare opportunity to own a fabulous residence with incredible views, parking and a guest floor, all within a newly-built package. ...


Halstead Property Hosts a ‘Week of Opportunities’

RISMEDIA, July 31, 2009-Halstead Property hosted a Week of Opportunities during the week of July 13-19. The special promotional week focused on the values and opportunities that currently exist in today's real estate market. More than 110 buyers filled the seats at the Scandinavia House to hear Halstead's Executive Team ...


Residential Real Estate a Bright Spot

RISMEDIA, July 31, 2009-The U.S. economic recession is reported as becoming less severe as the summer progresses, according to the Federal Reserve's latest Beige Book report. ...


Sun Belt Dominates First Half of 2009 Foreclosure Rankings but Unemployment-Related Foreclosures May be Spreading

RISMEDIA, July 30, 2009-RealtyTrac, one of the leading online marketplaces for foreclosure properties, released its Midyear 2009 Metropolitan Foreclosure Market Report, which shows that cities in California, Florida, Nevada and Arizona continued to document the nation's highest foreclosure rates in the first half of 2009, with those states accounting for 35 ...


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