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LPS Execs Finalize Management Buyout of LPS Real Estate Group, Launch New Company

Former LPS Senior Executives Jay Gaskill, Prem Luthra, Mike Kovar and John Hensley announced the completion of a management buyout of select business lines and operations from LPS’ Real Estate Group to launch Real Estate Digital (RED). The aforementioned executives will continue in their roles leading the newly formed company. Moving forward, the team believes RED will bring the industry the best of both worlds: unmatched expertise and resources combined with an entrepreneurial ability to adapt and innovate.


Rand on Real Estate: Why Didn’t the Great Recession Happen 10 Years Ago Today?

Greg Rand (@gsrand), CEO of OwnAmerica, the host of Rand on Real Estate on 770 WABC, asks the question "Why didn't the Great Recession happen 10years ago today?" The circumstances were ripe for a major recession. We were already in a minor recession; endured the evaporation ...


Mortgage Rates Again Fall to Record Lows

Mortgage rates fell once again, to the lowest point on record, according to mortgage rate research website, ForTheBestRate.com. Rates for a 30 year fixed rate mortgage were advertised as low as 3.875% (APR: 4.040%, Lender: LoanDepot) on Thursday, September 8th. Pricing this low for residential home loans is unprecedented, and ...


Environmental Data Resources Introduces Environmental Issues Report for Residential Markets

Environmental Data Resources Inc., (EDR), a leader in property-specific environmental information and risk management solutions, recently unveiled the Environmental Issues Report (EIR), an online environmental education tool for homeowners, homebuyers and real estate brokers, the company announced. ...


Obeo Wins Top 10 Small Business Facebook Pages of 2011

Obeo, a provider of online real estate marketing products in North America, announced recently that they had been selected as one of Social Media Examiners Top 10 Small Business Facebook Pages of 2011. ...


HomeServices of America Announces Launch of National Title & Closing Network

HomeServices of America, a Berkshire Hathaway affiliate, through its title and closing companies and strategic partners have come together to form a National Title & Closing Network, providing “brick and mortar” title and closing services in all 50 states,


Clock Is Ticking: Programs Critical to REALTORS to Expire on September 30

There is the possibility that without Congressional action, two programs of vital importance to the real estate business will sunset on September 30, 2011. The end of the current extension of the National Flood Insurance Program (NFIP) and the lowering of FHA and


Summer’s Last Stand: Clear Capital Reports U.S. Home Prices Increase 4.0%

Clear Capital has released its monthly Home Data Index™ (HDI) Market Report, with news of U.S. home price gains of 4.0 percent comparing the most recent rolling quarter to the previous one. Though quarter-over-quarter gains continue across the nation's four regions, the rate of growth has begun to slow as the summer buying season comes to an end and economic confidence shows signs of weakening.


Sotheby’s International Realty, Inc. Agents Rank High among Top National Real Estate Professionals

Sotheby’s International Realty, Inc., has announced that the firm had 28 agents and four sales teams featured in the just-released The Thousand Top Real Estate Professionals, an annual ranking by The Wall Street Journal and REAL Trends. Based on deals completed in 2010, Harald Grant of Sotheby’s International Realty’s Southampton ...


Smarter Agent Launches on Windows Phone

Smarter Agent, a mobile platform and application company, has announced the Smarter Agent real estate application for Windows Phone. According to the company, the Smarter Agent for Windows Phone is a comprehensive tool for anyone interested in accurate, unbiased, and local real estate information. ...


PropertyMinder Launches Real Estate Fan Pages for Facebook

PropertyMinder, Inc is now providing custom Facebook Fan Pages for real estate, the company has announced. With over 750 million users and growing, Facebook has become the No. 1 social network in the world. Inside of Facebook, REALTORS® can create Facebook Pages to keep their brand and business in front ...


This Week’s Video Tip: Why Video…Why Now?

They say the only constant in life is change. And when it comes to real estate marketing, those changes are coming fast and furious. A few years ago, few people had even heard of blogging, Facebook, or Twitter. And one of the biggest changes of all—online video—had


Krisstina Wise to Deliver Sneak Peak of New Website

Krisstina Wise, CEO of the GoodLife Team, will be delivering a live webinar sneak preview of her new neighborhood website marketing system this Thursday, September 1, 2011 at 10 a.m. PST. ...


Realogy Posts Net Revenue of $1.2 Billion for Second Quarter 2011

RISMEDIA, August 4, 2011—Realogy Corporation, a global leader in real estate and relocation services, has reported results for the second quarter ended June 30, 2011. Realogy's net revenue for the second quarter was $1.2 billion, a decrease of 6% compared to the second quarter of 2010. According to the company, ...


California REALTORS® Applaud New Law on Short Sales

RISMEDIA, July 26, 2011—(MCT)—Under a new state law, any lender who agrees to a short sale—which by definition will yield insufficient funds to cover the outstanding loans on a property—must accept it as payment in full for all loan balances. That is a good thing for upside-down homeowners who need to sell, says the California Association of REALTORS®. In a prepared statement applauding Gov. Jerry Brown for signing SB 458 into law, the association observed that previously a first mortgage holder could accept an agreed-upon short sale payment as full payment for the first mortgage but a junior lien holder could still hound the seller for the full amount owned on the junior lien.



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