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Real Estate Trends Archive


Partnering with Appraisers, Upping the Value of Green

NAR Green Designees aren't the only industry pros battling to get recognition for the dollar value of eco-friendly home features. It's an uphill battle for green appraisers too. That's according to Sandy Adomatis of Adomatis Appraisal Service, Punta Gorda, ...


Pending Home Sales Rise in June

RISMEDIA, August 1, 2011—Pending home sales increased in June following a wide swing down in April and then up in May, according to the National Association of REALTORS®. Activity increased in the West and South but declined in the Midwest and Northeast; all regions show strong double-digit gains from a ...


Foreclosures Fall across America

RISMEDIA, August 1, 2011—Foreclosure activity decreased in 85 percent of the nation’s metropolitan areas in the first half of the year and all top 10 metro areas with the highest foreclosure rates posted decreasing foreclosure activity. ...


Home Prices Rise Second Month in Row, Will Uptick Continue?

RISMEDIA, July 29, 2011—(MCT)—Home prices in major U.S. cities increased in May for the second consecutive month, according to a closely watched index, although experts dismissed the uptick as seasonal while separate reports provided fresh evidence of a weak housing ...


Federal Housing Finance Agency Reports Mortgage Interest Rates

RISMEDIA, July 29, 2011— The Federal Housing Finance Agency recently reported that the National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders, used as an index in some ARM contracts, was 4.62 percent based ...


Point2 Implements National Real Property Data Syndication and Co-Marketing Programs with 17 MLSs and Associations

RISMEDIA, July 29, 2011— Point2 (www.Point2.com) recently announced that it has completed the implementation of its national listing syndication and software co-marketing program, with 17 additional Multiple Listing Service (MLS) organizations and associations, including 10 California Regional MLS, Inc. member organizations and two international associations, in Mexico and ...


Real Estate Agents Shoulder Small-Business-Owner Burden

RISMEDIA, July 28, 2011—(MCT) —Eight out of 10 real estate agents are independent contractors, not salaried or commissioned employees. Which means that a real estate agent can be described as a small businessperson, says Walt Molony, spokesman for the National Association of REALTORS®. Or, in the view of the IRS, ...


Seasonal Home Price Increase Underway in May 2011

RISMEDIA, July 28, 2011—Data through May 2011, released recently by S&P Indices for its S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, showed a second consecutive month of increase in prices for the 10- and 20-City Composites. The 10- and 20-City Composites were up 1.1% and 1.0%, ...


Veterans and Active Duty Can Get Financial Help When Buying Their First Home

RISMEDIA, July 28, 2011—The Pentagon Federal Credit Union Foundation (PenFed Foundation), a nationally recognized nonprofit organization working to meet the unmet needs of military personnel and their families, is offering financial help to eligible first-time home buyers through its Dream ...


New Book Shares Valuable Lessons about Positivity, Selling in a Down Market

RISMEDIA, July 28, 2011—A new book, written by Stacey Alcorn, highlights ways in which anyone can turn their business around with the right attitude. The fictional story is about Barney, a 19-year real estate veteran stuck in a down market, who has been feeding off the negative outlook portrayed by ...


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

RISMEDIA, July 27, 2011—This week’s headlines from the NATIONAL ASSOCIATION OF REALTORS? include: help sellers make the best decisions with the NAR Guide to Home Selling, Learn how REALTOR Benefits® Program Partner Victor O. Schinnerer & Company helps members with E&O insurance, and the Home Ownership Matters bus is hitting ...


Refinance Applications Surge in Latest MBA Weekly Survey

RISMEDIA, July 27, 2011—Mortgage applications increased 15.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending July 15, 2011. ...


Better Homes and Gardens Real Estate Celebrates Third Anniversary with Significant Growth, Momentum, Recognition

RISMEDIA, July 26, 2011— Better Homes and Gardens® Real Estate LLC is celebrating its third anniversary with a growing network of 6,858 agents across 198 offices in 22 states. Since launching the franchise in July 2008, the lifestyle real estate brand has continued to grow significantly and maintain exciting momentum ...


California REALTORS® Applaud New Law on Short Sales

RISMEDIA, July 26, 2011—(MCT)—Under a new state law, any lender who agrees to a short sale—which by definition will yield insufficient funds to cover the outstanding loans on a property—must accept it as payment in full for all loan balances. ...


June Existing-Home Sales Slip on Contract Cancellations, but Prices Stabilize

RISMEDIA, July 26, 2011— Existing-home sales eased in June as contract cancellations spiked unexpectedly, although prices were up slightly, according to the National Association of REALTORS®. ...


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