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Todays Real Estate News Archive


Boston Logic Hires New Director of Enterprise

Boston Logic, an online marketing and technology firm, recently announced that John Chipman has joined the company to further develop its growing portfolio of regional and national accounts. Close to a 20-year veteran of sales and business development within the real estate industry, Chipman is charged with accelerating sales of ...


Living Smart: Spring Cleaning for Your Home Exterior

(MCT)—Don’t let dirty windows obscure your view of nature in full spring glory. Whether you do the job yourself or hire an experienced pro, few home investments are as immediately satisfying as clean, sparkling windows. ...


Chicago Homes that Disclose Energy Costs Spend Less Time on Real Estate Market

Regional Spotlight—A preliminary analysis shows that Chicago single family real estate listings that disclosed energy costs spent less time on the market and had a higher closing rate. ...


In California, Short Sales drop to Lowest Level in Nearly Six Years

Regional Spotlight—In an encouraging sign for a healthier spring home-buying market, California pending home sales increased more than usual and rose to the highest level in eight months. Meanwhile, the share of short sales has fallen to levels last observed in 2008, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported recently. ...


First Quarter: Sources of New Home Sales Financing

The share of new single-family home sales purchased using Federal Housing Administration (FHA) backed mortgages continued to fall at the start of 2014. ...


14 Things Your Employees Are Dying to Hear from You

What were your last 10 or 15 employee conversations like? Chances are, they included phrases like, “I need you to finish that projection by the end of the day,” or, “I’m putting you on the Brown account,” or, “How much longer do ...


Mortgage Applications Dip Lower

Mortgage applications decreased 3.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 18, 2014. ...


Passion and Focus Are Winning Recipe for Success

“The small choices we make every day compound over the long term to create amazing momentum,” says Ron Escobar, Broker/Owner of CENTURY 21 Select in Los Angeles, Calif. In the following interview, Escobar describes his winning approach to customer service, and how his company has been able to flourish in ...


Focus on Fundamentals

Looking to amp up your business this season? Consider taking it back to the basics, says Steve Baird, President & CEO of Baird & Warner, a member of Leading Real Estate Companies of the World® in Chicago, Ill. “Real estate is a people business,” says Baird. “The critical part is ...


The Mortgage Professor: Do You Have a Simple Interest Mortgage?

(MCT)—QUESTION: I recently discovered that the second mortgage I have had for nine years was simple interest, which explains why I have made barely a dent in paying down the balance. ...


Illinois Median Home Prices Increase in March

Regional Spotlight—Illinois home sales decreased 11.6 percent over previous-year levels in March while median prices increased 9.7 percent, according to the Illinois Association of REALTORS®. ...


Student Debt Holds Back Many Would-Be Home Buyers

(MCT)—Sarah Luna wants to buy a home in up-and-coming northeast Los Angeles before it’s too late. ...


More Than Half of States Show Improving Housing Markets

Freddie Mac recently released its Multi-Indicator Market Index(SM) (MiMi(SM)) for February showing the U.S. housing market overall recovering at a slightly slower pace from the previous month. However, more than half of all states, as well as more than half of the ...


Hot Seller’s Market Forecasted for Spring: Is Your Business Ready?

As we head toward a warmer season, the real estate market is heating up. Agents and brokers across the country are steeling themselves for the busy season to come, and they’re looking for outside assistance to ensure maximum success. But where exactly ...


Austin-Area Home Sales Volume Hits Seven-Year High for March

Regional Spotlight—According to the Multiple Listing Service (MLS) report released recently by the Austin Board of REALTORS®, Austin-area home sales volume hit a seven-year high in March 2014, rising seven percent year-over-year to 2,262 single-family homes sold. ...


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