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Today’s Marketplace Archive


Pressure Grows on Obama Administration to Stimulate Home Sales

RISMEDIA, May 20, 2009-(MCT)-President Barack Obama has rolled out several initiatives since mid-February to stem the rising tide of foreclosures by slowing the supply of homes coming onto a down market. Now there's a growing clamor for him to do more to spark moribund home sales. ...


Mortgage Rates Fall to 5.00 Percent for Many States, Nation

RISMEDIA, May 20, 2009-The weekly average rate borrowers were quoted on Zillow Mortgage Marketplace for 30-year fixed mortgages decreased last week to 5.00%, down from 5.07% the week prior, according to the Zillow Mortgage Rate Monitor, compiled by real estate website Zillow.com®. Meanwhile, rates for 15-year fixed mortgages also dropped ...


An Ever-Evolving Market – Envisioning the Homes of Tomorrow

RISMEDIA, May 23, 2009-Growing up in the fifties, we were fascinated with the future and the great prospects that beckoned from the road ahead. ...


Top 5 Member Natasha Gonell Offers Innovative Service to Homebuyers

RISMEDIA, May 19, 2009-Natasha Gonell of Prudential Florida Realty, recipient of the Realtor.com Online Marketing Award of Excellence, and one of the first members to get accepted into Top 5 in Real Estate, an elite network of top producers across the nation, has an innovative new service to offer her ...


How to Avoid an Expensive and Stressful Move

RISMEDIA, May 19, 2009-Unemployment is the highest it has been in 25 years. The DOW dropped to a record low in March. Everything is getting more expensive. These days we are faced with a lot of negative statistics and consumer confidence is suffering. When it comes to moving, one might ...


Home Sellers become More Realistic on Home Prices while Realtors Express Greater Optimism about Housing Market

RISMEDIA, May 23, 2009-HomeGain, one of the first websites to provide free instant home values, announced the results of an extensive nationwide survey on home prices based on the responses of over 1,150 Realtors. ...


Simple, Yet Smart – How Lowen Sign Company Is Helping Realtors in the Current Market

RISMEDIA, May 18, 2009-There are many things that through the down market Realtors have begun to cut out of their budgets. From print advertising to printing paper, everyone feels the pinch. While the idea of "getting back to basics" has begun to become cliché, some principles still hold true, one ...


Housing Affordability and Low Interest Rates Entice Buyers to Return to the Market

RISMEDIA, May 18, 2009-Historically high housing affordability and low mortgage interest rates, combined with buyer opportunities in the distressed sales market, have increased home sales in many areas of the country. "There has never been a better time to buy," ...


‘Making Home Affordable’ Program Delivers Much-Needed Relief to Homeowners

RISMEDIA, May 18, 2009-With the Making Home Affordable (MHA) program delivering much-needed relief to homeowners and to our economy just over two months after the release of program guidelines, Treasury Secretary Tim Geithner and Housing and Urban Development (HUD) Secretary Shaun Donovan provided an update on the program's impact on ...


Remodeling Market Shows Signs of Recovery

RISMEDIA, May 18, 2009-The residential remodeling market showed signs of improvement during the first quarter of 2009 with significant growth in all indicators, according to the latest National Association of Home Builders' (NAHB) Remodeling Market Index (RMI). The current market conditions measure rose to 34.5 from 25.5 in the fourth ...


Homeowner Confidence Shrinks – Most Americans Now Believe Their Home’s Value Has Declined

RISMEDIA, May 16, 2009-American homeowners have a solid understanding of what has happened to the values of their own homes over the past year. A majority (60%) believe their own home lost value during the past 12 months, according to ...


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

RISMEDIA, May 15, 2009-This week's headlines from the NATIONAL ASSOCIATION OF REALTORS include: May savings through NAR's Right Tools, Right Now initiative, Marketing tools available from NAR's REALTOR Benefits® Program Partners; and REALTORS® recognize the power of Green. ...


RISMedia’s Top 5 in Real Estate Network Selected as Major Sponsor of 2009 Referral Expo

RISMEDIA, May 14, 2009-RISMedia's Top 5 in Real Estate Network® has been selected as a major sponsor of the Referral Expo 2009, a virtual event that starts on Monday, May 18th and runs through Friday, May 29th. ...


Realogy Reports Results for First Quarter 2009

RISMEDIA, May 14, 2009-Realogy Corporation, a global provider of real estate and relocation services, reported results for the first quarter of 2009. Realogy generated $4 million of cash flow from operations in the first quarter of 2009-a year-over-year improvement of $110 million-and, as of March 31, 2009, had $386 million ...


Foreclosure Tsunami Expected in Second Quarter of 2009

RISMEDIA, May 14, 2009-National Short Sale Center, a short sale company, has announced that the nation is on track to experience record-setting amounts of foreclosures and bank-owned properties in the second quarter of 2009. After the first quarter of 2009 set a new record with 803,489 foreclosure filings, the company ...