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Real Estate News Archive


Sellers Struggle to Compete with Foreclosures – The King

RISMEDIA, July 7, 2009-(MCT)-Looking to move up, Cheryl and Jeff Wortzel put their Midtown, Tucson home on the market in December. With two young boys sharing a room, the Wortzels want more space than their two-bedroom home in the Blenman-Elm Neighborhood ...


Going it Alone – Should You Set Out on Your Own?

RISMEDIA, July 7, 2009-In 1992, after 14 years at other brokerages, I became obsessed with the notion that my community needed another real estate company. Maybe that thought has crossed your mind at some point. ...


National Disaster Insurance Would Help Consumers, Says Florida Association of Realtors

RISMEDIA, July 7, 2009-"The availability and affordability of property insurance is, at its core, a consumer issue," said 2009 Florida Association of Realtors® (FAR) President Cynthia Shelton, testifying on the need for a national disaster insurance policy to the U.S. House Financial Services Committee's Oversight and Investigations Subcommittee during a ...


Friday’s Featured Listing – Park Slope’s Newest Condominium

RISMEDIA, July 3, 2009-Matri Holdings and Prudential Douglas Elliman are announced that Park Slope's newest condominium, 500 Fourth Avenue, is open for sales. When completed in late fall of this year, the 12-story building will offer residents a variety of ...


Where You and Your Money Belong

RISMEDIA, July 2, 2009-Many financial institutions do not truly understand the personal and business financial requirements of real estate brokers and their agents-many of whom are independent contractors. REALTORS® now have a financial services resource designed specifically for them. REALTORS® Federal Credit Union (REALTORS® FCU) is sensitive to the work ...


How Does Yield Spread Help Buyers Buy?

RISMEDIA, July 2, 2009-Opportunity is knocking fairly loudly for many considering homeownership. Home prices have declined in many markets around the country and tax incentives and other inducements have first-time home buyers and others weighing the possibilities. ...


Pending Home Sales Record Fourth Straight Monthly Gain

RISMEDIA, July 2, 2009-Pending home sales show a sustained uptrend, rising for four consecutive months with very favorable housing affordability and a first-time buyer tax credit boosting activity, according to the National Association of Realtors®. ...


Florida Offers Help to Some with Home Down Payment

RISMEDIA, July 2, 2009-(MCT)-Starting Wednesday, Florida hopes to stoke its real estate market by becoming one of the few states to offer $8,000 in down-payment assistance to qualified home buyers so they can benefit upfront from a new federal tax credit. ...


Prudential Florida Real Estate Services Celebrates 10 Years of Success

RISMEDIA, July 2, 2009-As we proudly observe the Independence of our Nation this week, Prudential Florida Real Estate Services will mark its 10 Year Anniversary. ...


Leading Real Estate Companies of the World Reports Optimism in the Real Estate Community

RISMEDIA, July 1, 2009-While sales figures may not yet reflect it, optimism in the real estate community has definitely increased concerning the housing market, according to a recent survey of member brokerage firms of Leading Real Estate Companies of the World®. ...


Kathy Hedley Named SVP, Sales for Prudential Real Estate and Relocation Services

RISMEDIA, July 1, 2009-Prudential Real Estate and Relocation Services, Inc., a Prudential Financial, Inc. company, has appointed Kathy Hedley to the position senior vice president of Sales. ...


Housing Faces Stiff Headwind as It Recovers

RISMEDIA, June 30, 2009-(MCT)-The housing market has suffered a "massive shock" and faces a difficult recovery in the face of job losses, foreclosures and tight credit, according to a report released last week by Harvard's Joint Center for Housing Studies. ...


Prudential Gardner and RealPING ‘Connect’ to Decrease Agent Response Time, Increase Customer Service Excellence

RISMEDIA, June 30, 2009-Prudential Gardner, Realtors has announced it has entered into a multi-year agreement with real estate technology provider Real Ping, LLC. Under the agreement the company's sales associates will have the opportunity to embed their websites, social media and networking sites, emails and marketing materials with realPING's 'Click-to-Talk' ...


Survey Reveals How Americans View Homeownership as a Way to Build Wealth

RISMEDIA, June 29, 2009-(MCT)-Nearly half of American adults who participated in a recent survey said they no longer believe that homeownership is a realistic way to build wealth, the National Foundation for Credit Counseling reported this week. ...


C.A.R. Reports May Home Sales Increased 35.2%, Median Home Price Declined

RISMEDIA, June 29, 2009-Home sales increased 35.2% in May in California compared with the same period a year ago, while the median price of an existing home declined 30.4%, the California Association of Realtors® (C.A.R.) reported today. ...


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