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Today’s Top Story Archive


Commercial Real Estate Hurt by Credit Crunch and Weak Economy

RISMEDIA, May 27, 2009-The general economic downturn, complicated by a severe credit crunch in commercial real estate, is dampening commercial real estate activity. In addition, a forward-looking index shows the forecast for commercial real estate sectors will remain weak for ...


MLS 5.0 – Creating the MLS of the Future

RISMEDIA, May 26, 2009-It is not the intent of this column, nor is it possible, to answer every question about MLS 5.0; rather it is to begin the discussion and move to outcomes that will be beneficial to the stakeholders: ...


Rethinking Remodeling: Homeowners Want More Bang for Their Home-Improvement Buck

RISMEDIA, May 25, 2009-(MCT)-Fewer homeowners may be starting complete kitchen remodels, but they're still replacing countertops and re-facing cabinets. They're also investing in improvements to make their homes more energy-efficient, according to a recent home remodeling and repair report by ...


Buyer Interest in Foreclosures Spikes, Says Survey

Harris survey shows 55% of U.S. adults would consider buying foreclosed home ...


Housing Affordability Surges to Highest Level in 18 Years

RISMEDIA, May 20, 2009-Nationwide housing affordability jumped 10 percentage points during the first quarter of 2009 to its highest level since the series began 18 years ago, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI). ...


Distressed Properties and First-Time Home Buyers – The Recipe for Real Estate Recovery?

RISMEDIA, May 23, 2009-(MCT)-Value-conscious, first-time buyers have become key to the housing market's recovery, and they are snapping up priced-right foreclosures despite the warts-and-all, sold-as-is condition of the properties. Half of the sales made in the year's first quarter were ...


Is the Jumbo Mortgage Market Holding Back Recovery?

RISMEDIA, May 18, 2009-Limited availability and unusually high interest rates in the jumbo loan market are adversely affecting the rest of the housing market. This is just one of the insights from recent National Association of Realtors® research on the ...


Homeowner Confidence Shrinks – Most Americans Now Believe Their Home’s Value Has Declined

RISMEDIA, May 16, 2009-American homeowners have a solid understanding of what has happened to the values of their own homes over the past year. A majority (60%) believe their own home lost value during the past 12 months, according to ...


Are You Maximizing Your Distressed Property Business? Expert Panel to Offer Insights Today at RISMedia’s Power Broker Forum

RISMEDIA, May 14, 2009-A panel of five sought-after real estate leaders will explore new ways for brokers and agents to maximize the distressed property business today during RISMedia's 4th Annual Power Broker Forum at NAR Midyear. Those planning to attend ...


Heading to Midyear NAR? Don’t Miss RISMedia’s Power Broker Forum on Distressed Properties

RISMEDIA, May 13, 2009-Real estate professionals who have registered to attend the Midyear NAR Conference should plan to attend RISMedia's 4th Annual Power Broker Forum and Reception, being held during the event. This year's Forum will focus on "Maximizing Distressed Property ...


Top 5 Invites Top Bethesda, Maryland-area Agents to Attend Distressed Properties Seminar Wednesday

RISMEDIA, May 12, 2009--Top agents in the Bethesda, Maryland area are invited to attend ‘Moving Up In a Down Market,' a free seminar presented by RISMedia's Top 5 in Real Estate Network®, on Wednesday, May 13 in at the Marriott ...


Are Banks Making Short Sales a Long Process?

RISMEDIA, May 16, 2009-(MCT)-Short sales are making up a larger percentage of distressed home listings in several of the more harder hit markets around the country, such as Las Vegas, for example. And local real estate agents there ...


How to Cut Expenses without Sacrificing Market Prowess

RISMEDIA, May 8, 2009-Sticking to a budget and getting rid of extraneous costs has never been more crucial to real estate agents than it is today. While the economy continues to force real estate professionals to cut costs, it is ...


Are You Ready for the Next Generation of Real Estate?

RISMEDIA, May 6, 2009-When you launch a real estate brand with a completely clean slate and enough capital to make a difference in the most challenging real estate market in over 100 years, what do you do? How do you ...


Maximize Your Business in Distressed Properties the Focus at Midyear Power Broker Forum

Steve Piccirilli, Assistant Vice President, Default and Retention Operations, Wells Fargo, to be featured speaker on this year's panel ...


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