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Today’s Top Story Archive


What Are You Selling?

When I ask sales reps to boil down the entire "selling process" into a one word answer, I get a wide variety of interesting responses such as service, education, or consulting. Seldom do I get the answer that I'm expecting ...


How to Tell When Your Seller Means Business

Being in real estate has always required a certain level of hand-holding and diplomacy. Yet today, more than ever, those of us who work with sellers are putting our counseling skills to the test, due to consumer confidence that’s taken ...


Economy Grew at Faster Rate at End of 2011

(MCT)—The nation’s economy grew faster in the final months of last year than initially estimated as consumer spending and business investments for things like equipment and software were stronger than previously thought. Moreover, incomes were revised sharply higher, as was ...


Let’s Shake on It

The handshake gesture has been used by many cultures over the years and is depicted in Greek carving dating from the 5th century BC. The handshake is traditionally used by people around the planet as a gesture of greeting, departure, ...


Housing Bright Spot: Pending Home Sales Rise, Market on Uptrend

Pending home sales are on an upward trend, which has been uneven but meaningful since reaching a cyclical low last April, and are well above a year ago, according to the National Association of REALTORS®. ...


Deadline Extended for Top Broker Ranking: Firms Now Have Until March 2 to Complete Power Broker Survey

In response to the overwhelming number of leading real estate firms participating in its 24th Annual Power Broker Survey, RISMedia has extended the survey deadline until Friday, March 2. To take the survey now, click here. ...


US Unveils Plan to Wind Down Fannie Mae and Freddie Mac

(MCT)—The regulator for Fannie Mae and Freddie Mac wants to shrink the seized housing-finance giants gradually and create a new market for mortgage-backed securities to help the private sector. ...


FHFA Sends Congress Strategic Plan for Fannie and Freddie

Federal Housing Finance Agency (FHFA) Acting Director Edward J. DeMarco recently sent to Congress a strategic plan for the next phase of the conservatorships of Fannie Mae and Freddie Mac (the Enterprises). ...


Housing Expected to Add to GDP for First Time in 7 Years

The 2012 outlook is improving modestly from a disappointing 2011. Economic growth picked up in the fourth quarter of 2011 to 2.8 percent and is expected to come in at 2.3 percent for 2012, up from 1.6 percent growth for ...


Home Remodelers Betting on a Rebound

(MCT)—Residential contractors are hoping that tight-fisted consumers will decide they need a new bathroom. ...


Deadline Approaching for Power-Broker Ranking

As the February 24th deadline approaches for completing RISMedia’s 24th Annual Power Broker Survey, hundreds of leading real estate firms have already submitted their surveys, ensuring their spot in the preeminent ranking of the industry’s top residential real estate brokerages. ...


Fed Chairman Comments on Today’s Housing Market

Federal Reserve Chairman Ben S. Bernanke made the following speech at the 2012 National Association of Homebuilders International Builders' Show, held in Orlando, Fla. on February 10. ...


New Listings Promise Robust Prices

As of February 10, new listings tracked by Altos Research have ticked upwards for five consecutive weeks, suggesting the spring home buyer season will bring the strongest prices the nation has seen since the tax credit briefly stimulated demand two ...


Builder Confidence Increases for Fifth Consecutive Month

Home builder confidence in the market for new single-family homes increased for the fifth consecutive month in February, rising from 25 to 29 on the NAHB/Wells Fargo Housing Market Index (HMI) released today. It is the highest level the index ...


How Will the Facebook IPO Affect Housing?

Headlines were made when Facebook announced its plans to go public, creating a new generation of Facebook millionaires. Many have been speculating about what these fresh-faced millionaires will do with their money. Others have been asking how they ...