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Today’s Marketplace Archive


How Real Estate Agents Can Sell More Homes by Studying Demand

RISMEDIA, April 28, 2009-Over the last 12 months or so, many real estate agents have been forced to reinvent their businesses. Many real estate agents understand the need to change, but don't know where to start or how to do it. This article will show you how to quickly reinvent ...


Bank of America Introduces Tools that Clarify Mortgage Terms and Foster Informed Homeownership

RISMEDIA, April 28, 2009-Bank of America introduced its Bank of America Home Loans brand at locations nationwide and unveiled new tools through which homebuyers and homeowners will find greater clarity in the home finance process. The Clarity CommitmentTM, a single, one-page loan summary clearly presents to borrowers their interest rate, ...


Congress Should Encourage Home Energy Efficiency with Tax Cuts and Incentives, says NAHB

RISMEDIA, April 28, 2009-The National Association of Home Builders (NAHB) called on Congress to ensure that legislation intended to make homes more energy efficient focuses on measures that provide the greatest environmental benefit without putting housing affordability at risk. ...


Appraisal Institute Urges Congress to Ban BPOs and Regulate AMCs

RISMEDIA, April 28, 2009-In testimony before Congress last week, the Appraisal Institute told lawmakers that mortgage reform legislation is needed and called for a "back to basics" approach to mortgage lending. President Jim Amorin, MAI, SRA voiced support for the recently introduced H.R. 1728, the Mortgage Reform and Anti-Predatory Lending ...


Realtors Support Mortgage Lending Reform

RISMEDIA, April 27, 2009-To help Americans continue to achieve their dreams of homeownership, there must be a balance between safeguarding consumers in the lending process and ensuring reasonable access to mortgage capital. That is the message that the National Association of Realtors® (NAR) delivered to Congress last week, reiterating its ...


10 Steps to Building Wealth by Investing in Real Estate in Any Economy

RISMEDIA, May 2, 2009-There's no question that America is in a tight spot. Every day seems to bring a new wave of recession-related bad news. But stop panicking for a second, tune out the negative chatter, and listen closely. The recent financial and housing crises have actually led to some ...


Beware of Fees for Modification Referrals – Both Federal and State Law Could Restrict Them

RISMEDIA, April 27, 2009-With record numbers of homeowners facing foreclosure, more and more mortgage lenders are using loan modifications as a method to keep consumers in their homes. At the same time, credit service organizations are expanding their focus from credit repair services that help consumers obtain financing to services ...


Upward Bound – Florida’s Existing Home and Condo Sales Rise in March

RISMEDIA, April 27, 2009-Florida's existing home sales increased in March, making it the seventh month in a row that sales activity demonstrated gains in the year-to-year comparison, according to the latest housing data released by the Florida Association of Realtors® (FAR). March's statewide sales also increased over the previous month's ...


Energy Efficiency Tax Credits – Are You Ready to Take Advantage?

RISMEDIA, April 25, 2009-This year, the federal government extended and expanded home energy efficiency tax credits through 2010 as part of the broader economic recovery package, and millions of U.S. homeowners appear poised to pursue them, according to a survey ...


Prolonged Job Losses Strain State Agencies

RISMEDIA, April 25, 2009-(MCT)-Sixteen months into this recession, the total number of jobs lost is nearly twice what it was during the last big recession from 1981 to 1982, and experts predict the American economy has not yet hit bottom. As more workers get laid off each month, adding to ...


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

RISMEDIA, April 24, 2009-This week's headlines from the NATIONAL ASSOCIATION OF REALTORS include: Houston Named Ambassador City for increasing affordable housing, revitalizing the community; technology tools and savings from NAR's REALTOR Benefits® Program; and get the new 2009 REALTOR.com® listing presentation. ...


March Existing-Home Sales Slip, but First-Time Buyers Show Strength

RISMEDIA, April 24, 2009-Existing-home sales eased in March 2009 but first-time buyers are responding to low mortgage interest rates and tax credits, according to the National Association of Realtors®. ...


U.S. Monthly House Price Index Estimates 0.7% Increase from January to February

RISMEDIA, April 24, 2009-U.S. home prices rose 0.7% on a seasonally adjusted basis from January 2009 to February 2009, according to the Federal Housing Finance Agency's monthly House Price Index. January's previously reported 1.7% increase was revised to a 1.0% increase. For the 12 months ending in February, U.S. prices ...


Trulia Helps Consumers with New Price Reduction Tool

RISMEDIA, April 24, 2009-Trulia, Inc., has announced the ability for users to search for listings that have undergone price cuts since first coming on the market. Trulia's research has found that 27% of homes currently on the market across the United States have experienced at least one price cut. Across ...


Amid Economic Uncertainty, Managing Finances Is Key to Staying Ahead

RISMEDIA, April 23, 2009-This isn't the first time the country's faced economic uncertainty, but this is a once-in-a-generation confluence of events that have led to a severe market downturn and a ferocious contraction of the global economy. An economic crisis of this magnitude occurring at a time when a record ...