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Real Estate Trends Archive


How to Determine Whether the Vacation Rental Lifestyle is Right for You

RISMEDIA, October 30, 2010—More and more people are investing in vacation homes today. And no wonder: between unbelievable real estate prices, low interest rates, and a rapidly growing base of potential customers, vacationers who'd rather stay in a charming beach ...


New-Home Sales Climb 6.6 Percent in September 2010

RISMEDIA, October 29, 2010—(MCT)—Sales of new homes climbed 6.6% in September 2010, figures released by the federal government showed, representing the second straight month of gains, but still well below the pace when a tax credit existed. Sales of new ...


Keeping Up with Consumers’ Needs – Real Estate Search becomes More about People, Less about Data

RISMEDIA, October 29, 2010—For the average home buyer, these days, there’s certainly no shortage of data. It’s pretty easy to find out the square footage and/or room sizes on just about any home for sale. But what about all the other things that make a decision to move so important? ...


Upside-Down Homes Create New Pitfall for Real Estate Brokers

RISMEDIA, October 29, 2010—Painfully aware of the fact that many homeowners are upside-down (or underwater) with their current mortgages, brokers now need to be careful in listing the upside-down home. In Holmes v. Summers (Oct. 2010), a California appellate court ruled that sellers’ brokers can be held liable for ...


Homeowners’ Best Intentions Can Work Against Them in Mortgage Modification System Overwhelmed by Demand

RISMEDIA, October 29, 2010—(MCT)—Rogelio Huerta and Maria Soto did everything they were supposed to do to reduce the monthly mortgage payments on their Bellwood, Ill., home. Facing a cash crunch because his work hours were cut, they sought help from PNC Mortgage while they were still current on their payments. ...


Third Quarter Foreclosure Activity Up in 65 Percent of U.S. Metro Areas

RISMEDIA, October 28, 2010—RealtyTrac, a leading online marketplace for foreclosure properties released its Q3 2010 Metropolitan Foreclosure Market Report, which shows that cities in California, Florida, Nevada and Arizona once again accounted for all top 10 foreclosure rates in the third quarter among metropolitan areas with a population of 200,000 ...


Obama Administration October Housing Scorecard Shows Continued Signs of Stabilization in House Prices and High Home Affordability

RISMEDIA, October 28, 2010—The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury released the October edition of the Obama Administration’s Housing Scorecard (www.hud.gov/scorecard). The latest housing figures show continued signs of ...


Pandora for Real Estate? Build upon Your Strengths to Benefit Today’s MLS Members and Consumers

RISMEDIA, October 28, 2010—If you listen closely, there is a thumping, an underscore that can be heard in virtually all conversations happening within the MLS community; just like the bass line of a great rock and roll song—driving the tempo, defining the energy, making it stick in your head for ...


Real Estate Marketing Strategies: How to Stay Positive No Matter What

RISMEDIA, October 28, 2010—It is more important than ever that we find ways to stay positive, especially as we continue to make our way through today’s real estate market. Your success depends on your mindset, not on the economy or the marketplace. How do I know this to be a ...


Regional Spotlight: Home Values Continue to Rise in Ohio

RISMEDIA, October 28, 2010—Home values continue to rise which is good news for central Ohio. The average sale price for the first nine months of the year is $161,204, up 7.4% from the beginning of 2010 according to the Columbus Board of Realtors®. ...


Zillow CEO Discusses Evolving Real Estate Market

RISMEDIA, October 27, 2010—As the real estate industry waxed and waned over the past several years, Zillow has gone from suspect intruder to trusted partner. Here, Zillow CEO Spencer Rascoff explains how both the industry and Zillow have evolved together, ...


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

RISMEDIA, October 27, 2010—This week’s headlines from the NATIONAL ASSOCIATION OF REALTORS® include: publications including “Success as a Real Estate Agent for Dummies” available at-cost from NAR’s Right Tools, Right Now initiative; My Fedex Rewards Points now add up faster than ever—NAR’s REALTOR Benefits® Program Participant, Fedex Office; and September ...


Enhance Your Well-Being: Nurse Your Sick Home Back to Health

RISMEDIA, October 27, 2010—A new home may have freshly painted shutters, a picket fence around it, and rainbow-colored flower patches leading to the candy-red door. But if the air quality isn’t good inside, those exterior niceties become insignificant—and—quite simply, you ...


Real Estate Success Starts with Creating a Culture of Accountability and Innovation

RISMEDIA, October 27, 2010—Several years ago, I was having dinner with a senior executive of a large real estate organization who made an interesting statement that, I believe, explains why we continue to see brokerages resisting change: He stated that agents are afraid of consumers, managers are afraid of agents ...


California Home Sales Post Second Consecutive Monthly Gain in September, C.A.R. Reports

RISMEDIA, October 27, 2010—California home sales posted their second consecutive monthly gain in September 2010, but were down from the same period a year ago, according to data from the California association of Realtors® (C.A.R.). "We've seen a gradual improvement in the market over the past few months as we ...


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