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Real Estate Trends Archive


Regional Spotlight: Mortgage Defaults at Lowest Levels in 5 Years

RISMEDIA, December 28, 2010—Default risk on home loans in Ann Arbor, Mich., fell once again this quarter to its lowest level in more than five years, says a professor at the University of Michigan's Ross School of Business. ...


The 2010 Rockefeller Center Christmas Tree Will Help Build a Habitat for Humanity Home in N.Y.

RISMEDIA, December 28, 2010—The Rockefeller Center Christmas Tree will be donated to Habitat for Humanity for the fourth consecutive year to help build a simple, decent and affordable home, the organization has announced. ...


Homeless Veterans to Get Affordable Housing

RISMEDIA, December 28, 2010—The Federal Home Loan Bank of Boston announced that a Manchester initiative will receive more than $2.1 million through its Affordable Housing Program. These funds, awarded in the form of a grant, loan, and interest-rate subsidy, will be used to finance 26 units of affordable rental housing ...


December Housing Scorecard Shows Continued Home Affordability

RISMEDIA, December 27, 2010—The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury released the December edition of the Obama Administration’s Housing Scorecard. The latest housing figures show continued home affordability in the housing ...


Monday Morning Mobile: The Three Coolest Things of 2010

RISMEDIA, December 27, 2010—Twas the Monday after Christmas and all through the house, nothing was stirring, not even my computer’s mouse, but the blackberry was a buzzing, as it always does, and it will get my attention, as the device that I love. The device that we all love ...


3 Effective Ways to Work Through Today’s Real Estate Market

RISMEDIA, December 27, 2010—I’m encouraged by the straight talk in the industry about economic realities and effective ways to work through this recession. There’s still a long road ahead as we navigate record-high foreclosures, steep unemployment and foreclosure moratoriums that can prolong recovery. But we’re taking appropriate action and having ...


Industry Valuation Group Responds to New Government Guidelines on the Use of Automated Valuation Models

RISMEDIA, December 27, 2010—A group of leading collateral risk and automated valuation companies announced that they are pleased with the formal recognition of the validity of Automated Valuation Models (AVMS) as part of the collateral risk process in the Mortgage Industry. ...


Fannie Mae and Freddie Mac HARP Refinancings Increase in Third Quarter; Performance of Modified Loans Improves

RISMEDIA, December 27, 2010—Refinancings through the Home Affordable Refinance Program (HARP) increased 26% in the third quarter of 2010. Fannie Mae and Freddie Mac loan modifications through the Home Affordable Modification Program (HAMP) increased 16% in the quarter, although the overall volume of loan modifications and the pace of HAMP ...


Real Estate Marketing Strategies: 7 Tips to Thrive This Holiday Season

RISMEDIA, December 24, 2010—Are you wondering how to survive this Holiday Season? Do you get caught up in the fast pace to the point of stress and exhaustion? What if, this year, you could create exactly what you want? How ...


Existing-Home Sales Resume Uptrend with Stable Prices

RISMEDIA, December 23, 2010—Existing-home sales got back on an upward path in November 2010, resuming a growth trend since bottoming in July, according to the National Association of REALTORS®. Existing-home sales, which are completed transactions that include single-family, townhomes, condominiums ...


5 Tips to Refresh Your Brand Before the New Year

RISMEDIA, December 23, 2010—Real estate agents looking forward to 2011’s spring market likely have their game faces on, and have already started mapping out their strategy for mailers, local ads and websites. But have they overlooked their brand? February is no time to decide that the letterhead looks old, the ...


Wells Fargo to Modify California Mortgages to the Tune of Two Billion Dollars

RISMEDIA, December 23, 2010—(MCT)—Wells Fargo & Co. has agreed to modify the mortgages of nearly 15,000 California homeowners who teeter on the brink of foreclosure under a $2 billion deal with state officials. San Francisco-based Wells Fargo and the California attorney general's office announced the settlement in connection with "pick-a-pay" ...


How to Get Ready for the 2011 Real Estate Market

RISMEDIA, December 23, 2010—As 2010 draws to a close, real estate professionals are focusing on the year ahead. Here, Walt Danley, REALTOR® and Founder of The Walt Danley Group of Realty Executives International encourages real estate professionals to turn market uncertainty into growth and profitability for 2011. ...


NAHB Report Finds Small Builders are the Mainstay of the Nation’s Housing Industry

RISMEDIA, December 23, 2010—Small home builders are the mainstay of the nation’s housing industry, including a sizable number of self-employed mom-and-pop operations, according to a new study by economists at the National Association of Home Builders. ...


Real Estate’s ‘RREIN’ Makers – RISMedia’s Real Estate Information Network® (RREIN) Is Leading the Information Revolution

RISMEDIA, December 22, 2010—What is a business network? According to Wikipedia, a business network is: “a social economic activity by which groups of like-minded businesspeople recognize, create or act upon business opportunities.” What is the value of information? The value ...


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