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Today’s Top Story Archive


Credit Woes to Threaten Housing Recovery?

RISMEDIA, September 30, 2009—Nearly two-thirds of single-family home builders are reporting a severe lack of credit for housing production, threatening the fragile housing recovery before it has time to take hold, according to a new builder survey of acquisition, development ...


More Rough Times Ahead for U.S. Economy, despite Recent Improvements

RISMEDIA, September 29, 2009—Despite recent signs of improvement, more rough times are ahead for the U.S. economy, according to several prominent experts in real estate and the economy who attended a recent forum at the Nixon Presidential Library.  ...


Existing-Home Sales Ease Following 4 Monthly Gains

RISMEDIA, September 28, 2009—Existing-home sales in August 2009 gave back some of their strong gain in July but remain above year-ago levels, according to the National Association of Realtors®.  ...


Short Sales Spread across Real Estate Market, Leaving Frustration in Their Wake

RISMEDIA, September 26, 2009—(MCT)—A few years ago, few people in the housing market had ever heard of a short sale. Mention the term today and people, whether they are homeowners or real estate agents, just roll their eyes. ...


18% of Prospective First-Time Home Buyers Say Extending $8,000 Tax Credit Would be Primary Influence on Decision to Buy

RISMEDIA, September 25, 2009—Nearly one in five (18%) prospective first-time home buyers said extending the $8,000 tax credit would be the primary influence on their decision to buy a home before the end of 2010, according to a Zillow survey. ...


RISMedia and The Top 5 in Real Estate Network® Lead Industry Out of Recession

RISMEDIA, September 23, 2009—The message was clear, and frankly, not the “happy days are here again” refrain that some may have wanted to hear, as news of economic recovery begins to take shape. Yet, more than 500 real estate professionals ...


Single-Family Starts Ease as Credit Deadline Looms

RISMEDIA, September 22, 2009—Production of new single-family homes slowed in August 2009 as the expiration date for an important buyer incentive drew nearer, according to figures recently released by the U.S. Commerce Department. While overall housing starts rose 1.5% to ...


Households’ Net Worth Rises for First Time in Two Years

RISMEDIA, September 21, 2009—(MCT)—American households were $2 trillion richer on June 30, 2009 than they were three months earlier, the first time in two years that household net worth has increased, the Federal Reserve recently reported.  ...


Home Buyers Want to Save Energy – but Only at Right Price

RISMEDIA, September 19, 2009—Even though prospective home buyers want the benefits of new, more efficient homes, they are unwilling to pay much more for a “green” home, according to a recent member survey from the National Association of Home Builders ...


The Clock Is Ticking as First-Time Buyers Intensify Their House Hunting

RISMEDIA, September 18, 2009—(MCT)—Tired of paying rent and enticed by a first-time home buyer tax credit, 25-year-old Garrett Rebel began his search for a home in August, scouring the suburbs of Dallas for a house to meet his current and ...


Bernanke: Recession is Over, but Tough Times Will Linger

RISMEDIA, October 10, 2009—(MCT)—The deep recession that's gripped the U.S. economy by the throat since December 2007 is "very likely over at this point," Federal Reserve Chairman Ben Bernanke recently said.  ...


Taking Advantage of Negotiation – U.S. Homebuyers Paid $7,039 Less Than Listing Price in July

RISMEDIA, September 15, 2009—Amid continued falling home prices, U.S. homebuyers are negotiating even more discounts at the bargaining table, according to July's Zillow Real Estate Market Reports. Buyers paid 3.3%, or a nearly $7,039, less than the last listing price on ...


Leadership Conference Signals Call to Action for Real Estate Professionals

RISMedia & the Top 5 in Real Estate Network’s Leadership Conference convened nearly 1,000 in New York last week ...


Lose Your Job, Keep Your Home – Ask for Help Before it’s Too Late

RISMEDIA, Sept 11, 2009—(MCT)-Few words sting like the ones that inform you that you're being laid off — especially today, with jobs so hard to come by. If you're a homeowner, the blow of a job loss can ...


Tax Credit Helps Spur Pending Home Sales

RISMEDIA, September 10, 2009—(MCT)—A gauge of future U.S. home sales rose more than expected in July 2009 to the highest level in more than two years as first-time buyers rushed to take advantage of a tax ...


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