Real Estate Trends Archive
RISMEDIA, October 7, 2010—Average mortgage rates dropped to their lowest levels on record this week, according to the LendingTree Weekly Mortgage Rate Pulse, a snapshot of the lowest and average mortgage rates available within the LendingTree network of lenders. On October 5, average home loan rates offered by LendingTree network lenders dropped week-over-week to 4.35 percent (4.56% APR) for 30-year fixed mortgages, 3.81 percent (4.13% APR) for 15-year fixed mortgages and 3.32 percent (3.55% APR) for 5/1 ARMs.
RISMEDIA, October 6, 2010—(CBS MoneyWatch)—On Friday, Bank of America announced that it would suspend foreclosures in 23 states while it amended filed paperwork. That makes B of A the third major bank in two weeks to put its foreclosure process in limbo. Two days earlier J.P. Morgan Chase announced it would freeze foreclosures on more than 50,000 homes currently in receipt of a foreclosure filing. Last week, Ally Financial Inc. (the former GMAC Mortgage) also froze foreclosures.
RISMEDIA, October 6, 2010—This week’s headlines from the NATIONAL ASSOCIATION OF REALTORS® include: Champion Real Estate Agent publication available at cost from NAR’s Right Tools, Right Now initiative, limited time savings available from NAR’s REALTOR Benefits®
RISMEDIA, October 6, 2010—Sunnyvale, Calif.-based MLSListings, Inc. is one of the first multiple listing service (MLS) organizations in the country to make Realtors® Property Resource™ (RPR) available exclusively for its members, the organization has announced. RPR provides
RISMEDIA, October 6, 2010—planetRE, a technology provider for online real estate, has announced planetRE CM™; one of the industry’s first interactive unified client communication management platforms. The new SaaS platform consists of planetRE RealFace™- an agent-branded
RISMEDIA, October 5, 2010—Selling a home can be an emotional and even stressful process, especially in the current economic climate. For Realtors, it can be just as stressful, if not more so—persuading a seller to sell a home for less than they may have expected, or with more conditions than they might have wanted, is not an easy thing. As a Realtor, you’re often in the position of trying to persuade a homeowner to lower their price a bit, or throw in that patio furniture that the buyer really wants—but this is often a very sensitive, emotional process (i.e., someone’s dear aunt bought them the patio furniture,
RISMEDIA, October 5, 2010—Have you ever wondered how the meteorologist on the five o’clock news interacts so effortlessly with the animated weather map? And have you ever asked yourself how Elliot and E.T. gracefully flew through the starlit sky via bicycle in 1982? The answer is
RISMEDIA, October 5, 2010—The Pending Home Sales Index, a forward-looking indicator, rose 4.3% to 82.3 based on contracts signed in August 2010 from a downwardly revised 78.9 in July, but is 20.1% below August 2009 when it was 103.0. The data reflects contracts and not
RISMEDIA, October 5, 2010—As the country's economic crisis continues to negatively impact people's lives, many are still leery of the mortgage and real estate industries and those who work in them. One California resident and real estate agent, William Soto, is working to restore the
RISMEDIA, October 5, 2010—While home buyers and sellers continue to be discouraged and frustrated by the complex and lengthy short sale process, the National Association of Realtors is making sure Realtors have the resources and tools they need to help consumers navigate these
RISMEDIA, October 4, 2010—Prudential Real Estate is continuing its pattern of success in the real estate industry with the announcement of its latest affiliation—San Ramon, California-based Pearson Properties, Inc. Led by Broker/Owner Gretchen Pearson, the addition of Pearson Properties and its more than 200 sales associates and staff was met with a positive response by the Prudential network, as well as the entire community.
Editor’s Note: The RREIN Broker Spotlight Series offers industry insights from members of RISMedia’s Real Estate Information Network® (RREIN), an elite network of leading real estate companies united behind the belief that Information Share Equals Market Share. In this interview, RREIN member and
RISMEDIA, October 4, 2010—Fall is upon us, and here at Mobile Real Estate ID, that means tradeshow season. Now through the end of the year is when a number of state associations, franchises and the National Association of Realtors host their annual conventions and expos. Last year,
RISMEDIA, October 4, 2010—It seems like everyone is on Facebook now. There is even a movie out this month—The Social Network—about the creation of the social networking site. Although it is something that most of us are using for personal use, Facebook can also be a powerful way
RISMEDIA, October 4, 2010 – Yardi Systems has announced its acquisition of Point2 Technologies Inc. Headquartered in Saskatoon, Saskatchewan with offices in Vancouver, British Columbia and San Diego, Calif., Point2 develops, markets, and supports online marketing