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Today’s Top Story Archive


Senate Clears Homebuyer Tax Credit Extension; May Pass as Early as This Week

RISMEDIA, November 5, 2009—After two weeks of delay, the Senate cleared the way to pass a seven month extension and expansion of the tax credit for homebuyers. By an 85 to 2 roll call vote, the Senate voted to cut ...


What Impact Will Homebuyer Tax Credit Extension Have on Housing Industry?

RISMEDIA, November 4, 2009—(MCT)—Congress is a step closer to extending the $8,000 first-time homebuyer tax credit and offering a new credit to other types of buyers, but some analysts are downplaying the controversial stimulus' effect on the housing market.  ...


Coming Together to Rebuild and Restore – How Two Companies are Bringing Hope to America’s Home Buyers

RISMEDIA, November 3, 2009—We’ve heard a lot about the ‘perfect storm’ over the past year—appreciating home prices, plus loans gone bad, plus unemployment equals a devastating downturn for real estate. But there’s another perfect storm you should know about: distressed ...


Top 3 Real Estate Mortgage Scams: What You Need to Know

RISMEDIA, November 2, 2009—Being a homeowner is one of the biggest dreams for the American people. Due to record numbers of homeownership and cheap mortgage rates, individuals who did not own a home previously are now looking for mortgages for ...


Breaking News: Senate Plans to Extend and Expand Tax Credit

RISMEDIA, October 30, 2009—(MCT/The Wall Street Journal)-The Senate has reached a compromise on extending and expanding the $8,000 tax credit for first-time home buyers, a boost the housing industry believes will help it pull out of its two-year-old ...


4 Ways to Stage Your Home and Create a Well-Rounded First Impression

RISMEDIA, October 29, 2009—Feeling good about a home and a neighborhood is part and parcel of making the decision to buy, so staging a home should involve more than just raising the charm factor. Look for ways to also make ...


U.S. Home Prices for August 2009 Off 11.3% from Year Ago

RISMEDIA, October 28, 2009—Data through August 2009, released by Standard & Poor's for its S&P/Case-Shiller Home Price Indices, one of the leading measures of U.S. home prices, show that the annual rate of decline of the ...


Big Rebound in Existing-Home Sales Shows First-Time Buyer Momentum

RISMEDIA, October 26, 2009—Existing-home sales bounced back strongly in September with first-time buyers driving much of the activity, marking five gains in the past six months, according to the National Association of Realtors®. Existing-home sales–including single-family, townhomes, condominiums and co-ops–jumped 9.4% ...


Are Short Sales Anything but Short?

RISMEDIA, October 23, 2009—(MCT)—For buyers, short sales are a way to get a bargain. For upside-down homeowners, they are a way to avoid foreclosure. But for pretty much everyone involved, short sales are not a way to buy a house ...


Expert Panelists to Offer Exclusive Insights into Maximizing Distressed Property Business

RISMEDIA, October 22, 2009—Top real estate executives and officials from around the country will convene to discuss Maximizing Distressed Property Business at this year’s RISMedia Power Broker Forum being held Friday, Nov. 13 during the NAR Convention in San Diego. ...


59% of Home Buyers Rely on Low Down-Payment Government Mortgages

RISMEDIA, October 21, 2009—The new home market is cooling down and government intervention has been a key driver to new home sales, according to a recent monthly survey of home builders, just released by John Burns Real Estate Consulting.  ...


Industry’s Most Powerful Associations Send Letter to Administration Advocating for Extension of Homebuyer Tax Credit

RISMEDIA, October 20, 2009—The Mortgage Bankers Association (MBA) along with the National Association of Realtors (NAR) and the National Association of Homebuilders (NAHB) sent a letter to senior Obama Administration officials yesterday requesting their support for a 12-month extension of ...


Looking Toward the Future – How Should Home Equity Figure into Your Retirement Planning?

RISMEDIA, October 19, 2009—(MCT)—When it comes to planning for retirement, there are many questions to answer. But to Anna Rappaport, there are three that matter and perhaps one that doesn't get enough attention: When should you retire? When ...


A Fix-Up Strategy Works in Long Run: If You Have Time on Your Side, Improve and Enjoy Your Home

RISMEDIA, October 17, 2009—(MCT)—You're thinking of selling—but not just yet. Let's say you've got a five-year plan to prepare an older, lived-in house for sale.  ...


$8,000 Tax Credit’s Hoops Frustrate House Hunters

RISMEDIA, October 16, 2009—(MCT)—This summer, Brian Smith decided he should buy a house. Prices were at record lows; "for sale" signs were common, and, most important, he could get a tax credit of as much as $8,000 for first-time buyers ...


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