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Today’s Top Story Archive


SPECIAL ANNOUNCEMENT: RISMedia Launches Daily Video News Updates

RISMEDIA, March 30, 2011—Responding to the rapidly evolving pace of technology and information delivery, RISMedia, the leader in real estate information systems, announced today the launch of its Daily Video News Update, now featured in each edition of the media firm’s Today’s Real Estate Advisor e-newsletter. “We are taking video to a much higher level than ever before in our industry,” says RISMedia President & CEO John Featherston. “Although we have been producing video as part of our news and information operation for several years now, we have now committed to incorporating unique daily videos into our widely read, national e-newsletter.”


Consumers Have the Motivation – But Lack the Money for Home Improvement

RISMEDIA, March 29, 2011—The arrival of spring brings not only warmer weather, but also spring cleaning and the undertaking of do-it-yourself (DIY) home improvement projects. Much to the chagrin of home improvement stores, the DIY home improvement market has seen a 21 percent decline from 2005-2010 according to latest research from Mintel, and more than a quarter (28 percent) of DIYers say they would like to undertake a major renovation or addition to their home, but they just don't have the funds.


Breaking News: RISMedia and RREIN Release Powerful, New Social Media Video Formerly Only Available to Exclusive Network

  RISMEDIA, March 28, 2011—RISMedia, the leader in real estate information systems, is excited to announce the nationwide release of "The Power of Information," a new video exclusively produced and directed by the real estate information leader that showcases months of the company’s independent research on the impact of social media in real estate. Circulation of the video, along with a turnkey implementation package, went viral to brokers, agents and their consumers last week following a pre-release to members of RISMedia’s exclusive Real Estate Information Network® (RREIN) on March 17.


Update on First Time Homebuyer Credit and Tax Refunds

RISMEDIA, March 26, 2011—The IRS recently released information on processing issues that are impacting a small percentage of tax returns involving repayment of the First Time Homebuyer Credit (FTHB), primarily involving 2008 home purchases. While most of these returns are processing normally, the IRS recognizes the hardship caused by delayed refunds, and it has assigned additional staff and resources to address the issues promptly.


Consumers Agree – It’s A Good Time to Buy Real Estate

RISMEDIA, March 25, 2011—According to the latest Spending and Saving Tracker from American Express, more than two in five (41 percent) of Americans said that it’s a buyer’s market for real estate. However, over 61 percent agree that a seller’s market is at least a year away. Other findings: • Homeowner confidence on whether they would receive the asking price for their home is nearly evenly split—43 percent said they are confident they would; 47 percent are not very or not at all confident.


RISMedia Revamps Time-honored Annual Conference for Today’s Market

RISMEDIA, March 24, 2011—This May, hundreds of the industry’s top practitioners and visionaries will gather for RISMedia’s 23rd annual educational and networking event, Achieve!, Real Estate’s Innovation & Opportunity Conference. Formerly known as The Leadership Conference, RISMedia’s Achieve! Conference will deliver a revamped program format to better deliver more targeted information and strategies for competing and succeeding in today’s real estate market.


How Well Are You Insured Against Flooding?

RISMEDIA, March 23, 2011—(MCT)—The frightening images of Japan's tsunami wiping out homes, roads and entire cities are vivid reminders that a natural disaster can strike at any time. And whether it's an earthquake, a wildfire or flooding, being covered against severe damage to your home or business is essential. Across the United States, flooding is the No. 1 natural disaster, according to the Federal Emergency Management Agency.


Is Your Brand Award Winning?

RISMEDIA, March 22, 2011—You’ve heard it before in the media, from companies and individuals: “We’re an award-winning [fill in the blank].” Whatever the language, it catches your ear and your imagination a bit. You’ve seen awards listed on everything from resumes to websites and every other communication possible. But what can they do for you? Awards add positive presence to your brand, especially if the award is from a well-known brand itself. Sometimes it’s explained in more detail, sometimes it speaks for itself. The point is it can elevate you and your company.


Young Home Buyers Will Lead Housing Market Recovery, Says NAHB

RISMEDIA, March 21, 2011—Generation X—young families and adults ages 31 to 45—are likely to lead the home-buying recovery as it gets underway, according to real estate experts who spoke at an educational webinar produced by the National Association of Home Builders (NAHB) in partnership with Builder magazine. These potential home buyers are most likely to think it's a good time to get off the fence—and have strong opinions about the design features their new homes will include.


Banks Spruce Up Foreclosures to Boost Sales

RISMEDIA, March 19, 2011—(MCT)—Bill Schramm and Bethany Siwicki scoured property listings for three months before agreeing to see a home in Round Lake Beach, even though its online pictures didn't look promising. "It looked like a piñata blew up in there," Schramm said. Every room was a different color, and the only way to tell the carpet once had been white was looking at the furniture marks.


First-Time Home Buyers Prepare for Best Buyer’s Market in Recent History

RISMEDIA, March 18, 2011—While affordable housing prices, ample inventories, and historically low interest rates signal 'buyer's market' for investors or move-up buyers in many U.S. markets, inexperienced first-time buyers may not know if the time is right to make a move into real estate. "It's not about timing the market. It's about time in the market," says Steve Berkowitz, chief executive officer at Move, Inc., a leader in online real estate. "Once you know how long you expect to own a home, look at the historical value performance of properties in the neighborhood.


Education Pays When Working with Today’s Ever-Evolving Consumer

RISMEDIA, March 17, 2011—According to data from the 2010 NAR Member Profile, the median income of REALTORS® with at least one designation was nearly $22,000 more than the income of those with no designation. It makes sense then that today’s agents are continuously looking for new educational opportunities to help them build their business and stand out from the crowd.


Read Investors to Succeed with Investors

RISMEDIA, March 16, 2011—With homeownership rates decreasing and distressed properties increasing, it’s not surprising that investors make up 20% of the current buyer’s market. And their activity will only increase over the next four to five years. As investors actively assess the current inventory, many are looking for skilled agents to arrange and manage their endeavors. If you’re willing and able to read the needs of investors and customize your buyer agency approach, then there’s limitless potential for a steady stream of transactions—not to mention opportunities to build your own real estate portfolio.


Company Spotlight: Realty Executives International: A Story of Entrepreneurs

RISMEDIA, March 15, 2011—Realty Executives shook up the real estate industry with the invention of the 100% Commission Concept nearly five decades ago, a business model still employed by real estate companies worldwide. The company continues to reinvent itself and innovate through every real estate cycle. With President and Owner Richard A. Rector at the helm, the company is now poised to revolutionize the industry once again with major advances in marketing and technology.


Optimistic Outlook for Multifamily Development, NAHB Indices Show

RISMEDIA, March 14, 2011—Two quarterly indices produced by the National Association of Home Builders (NAHB) indicate a return to healthy market conditions for both new and existing apartment and condominium buildings. The Multifamily Production Index (MPI), which tracks developer sentiment about new construction on a scale of 1 to 100, is at 40.8—up more than five full points since the previous quarter and the highest number since the fourth quarter of 2006.



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