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Real Estate Trends Archive


Foreclosure Activity Decreases 4 Percent in October 2010, According to RealtyTrac

RISMEDIA, November 11, 2010—RealtyTrac, a leading online marketplace for foreclosure properties released its U.S. Foreclosure Market Report for October 2010, which shows foreclosure filings—default notices, scheduled auctions and bank repossessions—were reported on 332,172 properties in October, a 4% decrease from the previous month and almost exactly the same total reported ...


3 Tips to Effectively Manage Your Time

RISMEDIA, November 11, 2010—The person who coined the phrase "time is money" must have been a sales rep paid on commission. In the real estate profession, the old cliché rings true: if you’re not talking to a prospect or client, ...


Home Values Near Unprecedented Decline as Hints of Stabilization Wane in Third Quarter

RISMEDIA, November 11, 2010—The United States housing market continued its long decline in the third quarter with home values falling for the 17th consecutive quarter, according to Zillow Real Estate Market Reports. With home values 25% below their June 2006 peak, the current housing downturn is approaching Great Depression-era declines, ...


Realogy Reports Results for Third Quarter 2010 – Company Posts Net Revenue of 1.1 Billion Dollars

RISMEDIA, November 11, 2010—Realogy Corporation, a global leader in real estate and relocation services, reported results for the third quarter ended September 30, 2010. According to the company, Realogy’s net revenue for the third quarter of $1.1 billion decreased 10% compared to the same period in 2009. For the quarter, ...


Realtors Strive to Streamline Short Sales through HAFA

RISMEDIA, November 11, 2010—Realtors gleaned inside knowledge on the efforts being made to improve the short sale process through the Home Affordable Foreclosure Alternatives Program at the 2010 REALTORS® Conference & Expo. HAFA was intended to help homeowners who are ...


Company Spotlight: Lowe’s: Laying the Right Foundation for Real Estate Professionals

RISMEDIA, November 10, 2010—Through the tumultuous real estate market downturn of the past few years, one thing has shown very true: getting back to the basics—the fundamentals—is key for real estate agents to keep their business above water…and to even, ...


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

RISMEDIA, November 10, 2010—This week’s headlines from the NATIONAL ASSOCIATION OF REALTORS® include: a no cost field guide to buying and selling during the holidays from NAR’s Right Tools, Right Now initiative; Lowe’s extends long term relationship with NAR; and meet 2010 most inspiring REALTORS®. ...


Realtors Gain New Perspective on Global Real Estate Market

RISMEDIA, November 10, 2010—Real estate professionals from across the U.S. and abroad participated in a series of international discussions to gain global real estate insights during "Bringing International Real Estate Practices to the U.S." at the 2010 Realtors Conference & Expo in New Orleans. ...


San Francisco Bay Area Market Report: Median Home Price Rises Slightly Despite Post-Tax Credit Sales Slowdown

RISMEDIA, November 10, 2010—Slower home sales following the expiration of federal tax incentives for home buyers, a tighter inventory of bank-owned and entry-level properties, and increased activity in several higher-priced markets fueled a slight increase in the median price of ...


Regional Spotlight: Metro Chicago Real Estate Market Registers Solid Nine Month Gain in 2010

RISMEDIA, November 10, 2010—Home sales activity in the metropolitan Chicago real estate market registered a solid gain of 11% for the first nine months of 2010 when compared to the same period in 2009. That was achieved even as third-quarter transaction volume was 22.8% lower than the same period last ...


NAR Buyer and Seller Survey Shows Value of Long-Term Home Ownership

RISMEDIA, November 9, 2010—Home buyers today have affirmed a long-term view of home ownership, the typical seller is experiencing positive returns and the vast majority of home owners see their property as a good investment, according to the latest consumer ...


Weekly Video Tip: Using Green Screen Technology

RISMEDIA, November 9, 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 green screen or chroma ...


Pending Home Sales Fall 1.8 Percent in September 2010

RISMEDIA, November 9, 2010—(MCT)—A gauge of pending sales of homes fell 1.8% in September, signaling an "uneven recovery entering 2011," the National Association of Realtors reported. The association's pending-home-sales index fell to 80.9 from a slightly upwardly revised 82.4 in August. Pending sales reflect contracts signed between home buyers and ...


Foreclosure Limbo Grinds Down Potential Buyers

RISMEDIA, November 9, 2010—(MCT)—Josh and Tayla Thomforde thought they had a deal to buy a three-bedroom house with a fenced-in backyard and room for their family to grow. But the nation's latest foreclosure quagmire scuttled their plans. ...


Interest Rates Dip to Lowest Levels in Decades, But Senior Housing/Healthcare Borrowers Wonder Where the Money Is

RISMEDIA, November 9, 2010—With credit tight and the economy flat, news that interest rates have sunk to the lowest level in decades is being greeted with a shrug in many quarters. Some say the Feds effort to stimulate the economy by making money less expensive isn’t working, because rates at ...


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