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Top 5 Archive
RISMEDIA, May 22, 2009-One of the most difficult messages real estate professionals must get across to their clients is that real estate is local, and what is being portrayed in the media may not be symbolic of what is occurring
Harris survey shows 55% of U.S. adults would consider buying foreclosed home
RISMEDIA, May 21, 2009-According to the results of a new survey from Harris Interactive, there is a notable gain in consumers' willingness to buy foreclosed properties, with 55% of U.S. adults indicating that they are at least somewhat likely to consider purchasing a foreclosed home in the future, compared to the 47% of U.S. adults who indicated the same in November 2008. The tracking survey was conducted on behalf of national real estate search engine, Trulia.com, and RealtyTrac, an online marketplace for foreclosure properties.
RISMEDIA, May 21, 2009-Production of single-family homes edged upward in April 2009 as builders responded to improving conditions for new-home buyers, according to newly released figures by the U.S. Commerce Department. While overall starts fell 12.8% to a record-low seasonally adjusted annual pace of 458,000 units, the decline was entirely confined to the multifamily sector, where production fell 46% to a 90,000-unit pace for the month, while single-family starts posted a 2.8% gain to 368,000 units.
RISMEDIA, May 21, 2009-Today is my "I can do anything" day. I think that we could all do with one of those days where we maintain that anything is possible. Today I am going to stash all the stuff that I have been carrying around with me into one big ...
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). The HOI showed that 72.5% of all new and existing homes sold in the first quarter of 2009 were affordable to families earning the national median income
RISMEDIA, May 20, 2009-Now more than ever before, there is a desire from Realtors in the industry to find ways to be found by search engines without using pay-per-click strategies. Here are three critical components to a successful SEO strategy and how they must work together to create results: ...
RISMEDIA, May 20, 2009-Advancements and enhancements are being introduced now by Google for the improvement of their Personalized Search. Google Personalized Search uses the history of searches by the user to present different results based on previous searches. An example given was a search for the word "java." If your ...
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 to first-time buyers and almost half of all these sales were distressed properties, the National Association of Realtors reported. Distressed properties include foreclosures and short sales
RISMEDIA, May 19, 2009-Top 5 in Real Estate Member Valerie Fitzgerald, owner of The Fitzgerald Group (www.thevaleriefitzgeraldgroup.com) in Beverly Hills, California, has a new book out on bookstands today titled, "Heart and Sold: How to Survive and Build a Recession-Proof Business. Last week RISMedia ran a five-part, in-depth interview with ...
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 Impact of the Jumbo Mortgage Credit Crunch, released during the Realtors Midyear Legislative Meetings & Trade Expo that took place in Washington, D.C. last week. The ongoing credit crunch in the jumbo mortgage market has stalled home sales of high-priced homes
RISMEDIA, May 18, 2009-There are many things that through the down market Realtors have begun to cut out of their budgets. From print advertising to printing paper, everyone feels the pinch. While the idea of "getting back to basics" has begun to become cliché, some principles still hold true, one ...
RISMEDIA, May 18, 2009-Historically high housing affordability and low mortgage interest rates, combined with buyer opportunities in the distressed sales market, have increased home sales in many areas of the country. "There has never been a better time to buy," said National Association of Realtors Chief Economist Lawrence Yun, who presented NAR's economic outlook at the Economic Issues and Residential Real Estate Business Trends Forum
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 the Zillow Q1 Homeowner Confidence Survey. In reality, 80% of homes across the country lost value during the past 12 months, according to Zillow's first quarter Real Estate Market Reports. Additionally, 18% believe their own home gained value in the past 12 months
RISMEDIA, May 15, 2009-This week's headlines from the NATIONAL ASSOCIATION OF REALTORS include: May savings through NAR's Right Tools, Right Now initiative, Marketing tools available from NAR's REALTOR Benefits® Program Partners; and REALTORS® recognize the power of Green. ...
Editor's note: This week RISMedia is running a five-part series of Q&As with Top 5 in Real Estate member Valerie Fitzgerald, owner of The Valerie Fitzgerald Group (www.thevaleriefitzgeraldgroup.com) in Beverly Hills, California. Valerie will offer unique insight into what it takes to be successful in today's challenging times, and her ...