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Today’s Marketplace Archive


Loan Modification Efforts Helping Few Troubled Homeowners

RISMEDIA, July 21, 2009-(MCT)-Despite efforts by the federal government and banks to stop the home foreclosure disaster, frustrated borrowers are still battling red tape and delays in their attempts to negotiate lower payments, even as hundreds of thousands of them ...


Regional Spotlight: Single-Family Home Sales Take a Hit along Mississippi Coast

RISMEDIA, July 21, 2009-(MCT)-As different as it may be from the rest of the nation, the Mississippi Coast bears one striking similarity to many other areas these days: Single-family home sales are taking a thrashing. ...


Setting Your Goals – You Shoot, You Score – Part 3

RISMEDIA, July 20, 2009-In Part 2, I wrote about making the time for recruiting. So now you've booked some regular and consistent time to start recruiting activities. Here's what comes next. You need to set goals. We've all done this before and the key is to stick with ...


Educated vs. Uneducated: Attending Industry Conventions Is Critical to Improving Business

RISMEDIA, July 18, 2009-I have always been amazed over the years at how many Realtors have simply chosen not to attend the National Association of Realtors Convention or even a convention within their own state. ...


New Home Market Remains Weak across the Country

RISMEDIA, July 17, 2009-New home sales remained very slow at 1.6 sales per month per community, and prices continued falling, according to 304 home building executives managing 2,089 new home communities in 93 metro areas. The John Burns Real Estate Consulting July survey also shows that the biggest challenge ...


Coldwell Banker Residential Brokerage in LA Rolls Out Welcome Mat for Multi-media Real Estate Resource

RISMEDIA, July 17, 2009-Looking for a new home? Coldwell Banker Residential Brokerage in Greater Los Angeles has announced the launch of CB View, a comprehensive multi-media real estate resource for locating homes for sale and open house listings throughout Los Angeles, Ventura and Santa Barbara Counties. ...


Number of Americans Delaying Retirement beyond Age 70 Increases because of Economic Crisis

RISMEDIA, July 16, 2009-The current economic crisis is having a lasting impact on many older Americans, forcing them to make difficult financial decision because they have so little time and resources available to them to recover from losses in the housing and financial markets. ...


30-year Fixed Rates Continue Month-Long Decline

RISMEDIA, July 15, 2009-The weekly average rate borrowers were quoted on Zillow Mortgage Marketplace for 30-year fixed mortgages decreased last week to 5.26 percent, down from 5.40 percent the week prior, according to the Zillow Mortgage Rate Monitor, compiled by leading real estate Web site Zillow.com . Meanwhile, rates for ...


GE Targets Net Zero Energy Homes by 2015

RISMEDIA, July 15, 2009-GE has announced that by 2015 it is developing a turn-key product portfolio that will empower consumers to build - both new home builders and existing homeowners - to efficiently consume, manage and generate electricity to enable an overall net zero annual energy cost. ...


Appraisal Institute Applauds Freddie Mac’s Revised Guidelines

RISMEDIA, July 14, 2009-The Appraisal Institute, one of the nation's largest real estate appraisal organizations, has applauded Freddie Mac's newly revised guidelines for mortgage lenders emphasizing the use of qualified and experienced real estate appraisers. ...


What Are the Greatest Obstacles to Homeownership?

RISMEDIA, July 13, 2009-Most Americans still consider having enough money for downpayment and closing costs to be the biggest obstacles to buying a home. That's according to the 2009 National Housing Pulse Survey, an annual survey released today by the National Association of Realtors®. ...


MBA – Government-Insured Share of Mortgage Applications Highest Since 1990 at 36%

RISMEDIA, July 10, 2009-The government-insured (FHA and VA loans) share of mortgage applications was 35.9% in June 2009, the highest level since November 1990, according to the Mortgage Bankers Association. ...


Affordability Driving More Buyers Back Into Market

RISMEDIA, July 10, 2009-Price declines and low interest rates are motivating millions of home buyers to shop for bargains in the most affordable housing market in 28 years(1), yet at the same time only one-in-ten of today's home owners say they have delayed selling their home due to those same ...


The Warranty Group Opens in Peru

RISMEDIA, July 10, 2009-The Warranty Group, Inc., a leading provider of service plans and related benefits, announced the opening of a new office in Lima, Peru of its subsidiary, The Warranty Group Peru, S.A.C. ...


Mortgage Rates Inch Down For Third Consecutive Week, Says Zillow

RISMEDIA, July 8, 2009-The weekly average rate borrowers were quoted on Zillow Mortgage Marketplace for 30-year fixed mortgages decreased last week to 5.40%, down from 5.48% the week prior, according to the Zillow Mortgage Rate Monitor, compiled by real estate website Zillow.com®. ...


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