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Today’s Marketplace Archive


Power Broker Survey Deadline Extended: Don’t Miss Your Chance to Rank among Leaders

RISMEDIA, February 23, 2009- The deadline for RISMedia's 21st Annual Power Broker Report & Survey-the industry's leading report ranking the nation's top brokerages-has been extended to Friday, February 27. Inclusion in this listing of the real estate industry's "who's ...


Obama Administration Awards Nearly $1.6 Billion in Homeless Grants

RISMEDIA, February 23, 2009-Hundreds of thousands of homeless individuals and families will find a stable home and be offered critically needed services as a result of nearly $1.6 billion in homeless assistance announced by U.S. Department of Housing and Urban Development Secretary Shaun Donovan. Late last week, President Obama also ...


Stimulus Payouts Will Flow Rapidly to Some Projects, Trickle to Others

RISMEDIA, February 23, 2009-(MCT)-Energy programs could see money flowing in two to three months. Some highway projects could get funding right away, while some could wait until next year. And key tax breaks will start showing up this summer. ...


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

RISMEDIA, February 20, 2009-This week's headlines from the NATIONAL ASSOCIATION OF REALTORS® include: A special offer from Lowe's; take advantage of educational opportunities from NAR's REALTOR Benefits®; and see how NAR is advocating quick implementation of the Stimulus Package. ...


Housing Plan Is Bold, But Will It Fix the Problem?

RISMEDIA, February 20, 2009-(MCT)-President Barack Obama's new effort to use Wall Street rescue money to halt the soaring rate of mortgage foreclosures nationwide encourages refinancing of homes that are now worth less than their mortgages and provides incentives for lenders to lower the debt load on struggling homeowners. ...


Mortgage Rates Hold Steady

RISMEDIA, February 20, 2009-Mortgage rates were largely unchanged from one week ago, with the average 30-year fixed mortgage rate remaining at 5.34%. According to Bankrate.com's weekly national survey, the average 30-year fixed mortgage has an average of 0.41 discount and origination points. ...


Mortgage Applications Increase in Latest MBA Weekly Survey

RISMEDIA, February 19, 2009-The Mortgage Bankers Association (MBA) released its Weekly Mortgage Applications Survey for the week ending February 13, 2009. The Market Composite Index, a measure of mortgage loan application volume, was 875.3, an increase of 45.7% on a seasonally adjusted basis from 600.6 one week earlier. ...


Top Ways to Make Your Training More Effective with Less Stress

RISMEDIA, February 18, 2009-In this market, real estate agents are looking to you more than ever for training. With the order-taking days long gone, they certainly have the time for it and many are getting desperate for the "silver bullet" that will magically turn their dire situation around. ...


How to Help Distressed Homeowners by Offering Free CMAs

RISMEDIA, April 11, 2009-Many real estate professionals ask me what they can do to help stem the tide of foreclosures and stabilize the housing market in their area. One way you can help is by offering a free CMA (Comparative Market Analysis) to homeowners who are struggling to make their ...


Are Lower Mortgage Rates Working? For Some, Yes; for Others, No

RISMEDIA, February 17, 2009-(MCT)-Low mortgage rates could be a big help to first-time home buyer Nicole Landstrom, who expects to close a sale on a three-bedroom starter in Vancouver this month. ...


The Financial Markets – How We Got Here

RISMEDIA, February 17, 2009-In retracing the steps that brought our financial markets to a standstill, it's hard to ignore the footprints of the rugged individualists who turned the investment world into a recreation of the wild west. ...


House Approves Revised Stimulus, Again without Republicans

Senate expected to approve later Friday ...


Top 5 in Real Estate Offers What Every Home Seller Should Demand

RISMEDIA, February 16, 2009-RISMedia's Top 5 in Real Estate Network®, the country's newest and fastest-growing membership organization for North America's finest residential real estate agents, is conducting a coast-to-coast tour designed to educate prospective Top 5 Members on how they ...


Recession Will Shape a Generation, Expert Says

RISMEDIA, February 16, 2009- (MCT)-The current recession is only three months away from the 17th consecutive month of economic decline that will mark it as the second-longest-running U.S. slump behind the Great Depression, which had a 43-month downturn. ...


How Long Does a Loan Modification Take?

RISMEDIA, February 13, 2009-Understandably, homeowners who apply for a loan modification tend to get a little antsy and perhaps even annoyed when they apply for a loan modification and then fail to hear anything for several weeks, especially if they continue to receive late payment notices and nasty phone calls ...


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