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Real Estate Trends Archive


Global Market Represents Golden Opportunity

RISMEDIA, August 24, 2010—In today’s global economy, more and more Realtors® are serving buyers from around the world. Last year, according to the National Association of Realtors® (NAR), 23% of Realtors served international clients, and 12.5% experienced an increase in foreign clientele. ...


Housing Remains Highly Affordable for Sixth Consecutive Quarter

RISMEDIA, August 24, 2010—Bolstered by favorable interest rates and low house prices, housing affordability remained near its highest level nationwide for the sixth consecutive month since the series was first compiled nearly two decades ago, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI). ...


School Performance Can Increase Home Value and Buyer Interest

RISMEDIA, August 24, 2010—While millions of Americans throughout the nation prepare for traditional back to school activities, some families are searching for affordable housing based on local schools or desirable school districts. In some cases, proximity to quality schools is ...


Regional Spotlight: Florida’s Existing Condo Sales Rise in July 2010

RISMEDIA, August 26, 2010—Sales of existing condominiums in Florida rose 11% in July 2010, with a total of 5,557 condos sold statewide compared to 4,991 units sold in July 2009, according to the latest housing data released by Florida Realtors. ...


Obama Administration Housing Scorecard Shows Continued Progress in Housing Market, but Challenges Remain

RISMEDIA, August 23, 2010—The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury has released the August edition of the Obama Administration’s Housing Scorecard (www.hud.gov/scorecard), a comprehensive report on the nation’s housing ...


Monday Morning Mobile: What NOT to Do

RISMEDIA, August 23, 2010—So often here at Monday Morning Mobile we have the opportunity to look at all the great things that are going on in the Mobile Technology world and marvel at them – and we should. There are a lot of companies and individuals utilizing today’s mobile technology ...


Mortgage Modifications Drop off in July but Improvements Seen in Backlog

RISMEDIA, August 23, 2010— (MCT)—The Treasury Department reported Friday that far fewer delinquent mortgage borrowers received loan modifications through a federal government program in July than they did in June. ...


Clear Capital: Impact on Housing from BP Oil Spill Reaches beyond Gulf Coast

RISMEDIA, August 23, 2010—Clear Capital (www.clearcapital.com), a premium provider of data and solutions for real estate asset valuation, investment and risk assessment, has released results from its Gulf Coast oil spill impact survey and analysis. Clear Capital is gathering and analyzing data along the Gulf Coast and nearby regions to ...


Regional Spotlight: Is Chicago Area Real Estate Market On Cusp of a Strong Recovery?

RISMEDIA, August 23, 2010—After a year of bouncing on the bottom, the Chicago housing market is on the verge of a sustained recovery. That's the opinion of Jim McClelland, the founder of Mack Industries, Inc. in Tinley Park, Illinois, a home redevelopment company specializing in bank-owned properties. Mack owns or ...


Reverse Mortgages Pros and Cons

RISMEDIA, August 23, 2010—(Real Estate Center) — Some parents are warning their kids not to bank on inheriting the homestead. Why? Because some parents are considering a reverse mortgage. Such mortgages may not be beneficial for everyone, but their popularity is definitely on the rise. ...


An Unlikely New Business Buzzword: Why It’s Time to Stop Obsessing Over Numbers and Start Nourishing Your Culture

RISMEDIA, August 20, 2010—Despite all the hopeful talk of “recovery,” it seems clear that Corporate America is stuck in the recession muck and can’t pull itself out. We’re trying to survive the “new normal”—working twice as hard for the same (or worse) results—and at many companies, the anxiety is almost ...


HUD Secretary Donovan Announces That over 8,000 Affordable Homes Will become More Energy Efficient as a Result of the First 100 Recovery Act Green Retrofit Awards

RISMEDIA, August 21,2010—U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan has announced a major Recovery Act milestone: 100 affordable housing developments, including 8,112 homes, around the country have been awarded more than $100 million to complete energy efficient renovations with Recovery Act funds. ...


Exceeding Expectations: SharperAgent Partners with Shutterfly, Bringing the Best of Online and Print Marketing to Its Clients

RISMEDIA, August 21,2010—As we all know, things change. The market has changed…and, by now, so has the real estate industry’s philosophy on how well the market will truly rebound. Those who have pushed through the market’s toughest times and are succeeding even now have embraced this shift and are making ...


New Rules Limit Too-Low Estimates of Closing Costs

RISMEDIA, August 20, 2010—(MCT)—Facing new penalties if they lowball estimates of upfront mortgage costs, lenders and brokers appear to be coming clean about how much borrowers will pay. As a result, the so-called good-faith estimates that mortgage providers must give ...


U.S. Census Bureau Releases Detailed Information on Nation’s Housing

RISMEDIA, August 20, 2010—The nation's homeowners paid a median of $1,000 in monthly housing costs in 2009, compared with $808 for renters, according to data released today by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. However, renters usually paid a higher percentage of their ...


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