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Real Estate Trends Archive


Foreclosure Upgrades Improve Neighborhoods One House at a Time

RISMEDIA, January 21, 2011—(MCT)—Torrey Warship had never owned a home—until the mortgage foreclosure crisis. Through a federal program to renovate foreclosed homes, the public works laborer bought his first house in Waukegan, Ill., for $138,000. He moved his family out of an apartment and into a two-story, two-bedroom, 2-and-a-half-bath home ...


Regional Spotlight: December Home Sales in Metro Chicago Had Best Relative Performance Since June, RE/MAX Reports

RISMEDIA, January 21, 2011—December 2010 saw home sales in the metropolitan Chicago real estate market record their best result since June when compared to prior year sales activity, according to an analysis by the RE/MAX Northern Illinois real estate network. ...


Real Estate Marketing Strategies: 3 Simple Tips for Creating Your Ideal Income

RISMEDIA, January 20, 2011—Most of us start off the New Year with the best of intentions. We all have a deep longing in our hearts for this year to be the best year yet. We even make resolutions. ...


RE/MAX National Housing Report – December 2010 Home Sales Rising, Prices Stabilizing

RISMEDIA, January 20, 2011—Impacted by normal seasonal drops in sales, an unpredictable foreclosure moratorium and an expired tax credit, residential home sales were lower again in October 2010. A monthly survey of 54 metropolitan areas indicates that sales were 9.8% below those in September and 30.2% below sales in October ...


Regulator Pushes for Better Incentives to Modify Mortgages

RISMEDIA, January 20, 2011—(MCT)—The regulator for government-controlled mortgage refinance giants Fannie Mae and Freddie Mac said recently it was looking at different compensation models for mortgage servicers that would help make it easier to modify mortgages for troubled borrowers. ...


Top 5 Home Improvement Projects Based on Average Cost and Return on Investment

RISMEDIA, January 20, 2011—HomeGain.com, a website to offering Web-based, free instant home values, announced that it has released the results of its nationwide home improvement and home staging Home Sale Maximizer survey. ...


Offering a Higher Level of Expertise Enables Agents to Meet the Needs of Today’s Buyers and Sellers

RISMEDIA, January 20, 2011—Today’s real estate customers and clients have access to much more information than they did in the past. As their access to information will continue to increase with the introduction of new technology, real estate professionals must stay ahead of the curve to offer a greater degree ...


Research Shows Changing Market, Evolving Buyer Preferences for the 55+ Housing Market

RISMEDIA, January 19, 2011—A joint study by the 50+ Housing Council of the National Association of Home Builders (NAHB) and the MetLife Mature Market Institute shows the recession has made 55+ buyers more practical when selecting a new home. Design ...


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

RISMEDIA, January 19, 2011—This week’s headlines from the NATIONAL ASSOCIATION OF REALTORS® include: social media made easy with VIP combination pack; a discounted webinar on managing your time commitment to social media while getting results from REALTOR® University; and REALTOR® volunteer and mentor program seeks nominations. ...


Company Spotlight: Keeping Up with Technology – David Knox’s Online Training Website Allows Agents to Take Training into Their Own Hands

RISMEDIA, January 19, 2011—“When it comes to training, convenience is key,” says Lynne Hegedus, director of career development at Hunt Real Estate ERA, a member of RISMedia’s Real Estate Information Network® (RREIN). “We want our agents to participate in our training program in order to sharpen their skills, so it ...


Mobile Technology Expert John Lim to Headline Real Estate Xplode! Conference

RISMEDIA, January 19, 2011—Mobile Card Cast Founder and CEO, John Lim, will be a featured speaker during the upcoming Xplode! Conference on February 10, 2011 in Austin, Texas. At the conference, Lim will share his great wealth of knowledge and ...


FHFA Announces Joint Initiative to Consider Alternatives for a New Mortgage Servicing Compensation Structure

RISMEDIA, January 19, 2011—The Federal Housing Finance Agency (FHFA) has directed Fannie Mae and Freddie Mac to work on a joint initiative, in coordination with FHFA and the Department of Housing and Urban Development (HUD), to consider alternatives for future mortgage servicing structures and servicing compensation for their single-family mortgage ...


Housing Moving to Higher Ground in 2011

RISMEDIA, January 18, 2011—Housing will see gradual improvements in activity this year as the nation’s economy and job market continue to move to higher ground, establishing momentum that will produce more considerable gains in 2012, according to economists who appeared ...


Oil-Heating Basics and Maintenance

RISMEDIA, January 18, 2011—In most areas of the country, it’s the time of year where you’re making frequent visits to your heat dial, to turn it up. Many homes, both new and not-so-new, have an oil-heating system working hard on the far side of that thermostat. ...


Housing Industry Readies Mortgage Tax Break Fight

RISMEDIA, January 18, 2011—(MCT)—The housing industry is girding for a fight in Congress to protect the mortgage interest deduction, along with a number of other housing-related tax breaks. The National Association of Home Builders is putting a high priority on lobbying in favor of the mortgage interest deduction, along with ...


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