Keyword: Real Estate
Obama housing plan helps its one millionth homeowner
Housing plan helps one million The U.S. Treasury Department reported today that since the Obama administration launched their foreclosure prevention program in 2009, nearly one million homeowners have been given permanent modifications to their mortgages, reducing their monthly payments. The housing plan gives mortgage servicers incentives to modify mortgage loans by cutting interest rates, deferring a portion of the loan ...
Squatter lives in luxury home for months, now evicted
Adverse possession story comes to a head In the summer of 2011, Kenneth Robinson upset a Dallas neighborhood by walking into an abandoned $330,000 home, filing a $16 document for adverse posession with the county, and refusing to leave, saying he was the rightful owner, leaving police and officials powerless. Robinson became the face of adverse possession this year and the ...
Zillow ends Listings API, pulls FSBOs from Redfin, other sites
Pulling FSBOs Redfin announced today that their site will no longer feature homes for sale by owner (FSBO), beginning Thursday, as Zillow will no longer be sending FSBO and other manually posted listings to be displayed on their site. Redfin is not alone, as this impacts any real estate brokerage, website or service that is featuring listings through Zillow’s Postings ...
Defending third party real estate sites’ SEO tactics
SEO methods under fire Last month, we reported that the debate over third party real estate sites’ SEO tactics has been renewed as listing syndication rules change and as various brokers across the nation pull their listings feed from the third party sites. The scene is changing. For years, third party real estate media sites have been under scrutiny by ...
New York startup aims to save renters money
RentJolt enters live beta The New York City real estate scene is far different than many other markets in America, with renting being the common option and renters paying brokers out of pocket for services – it’s the wild west of real estate that operates on different rules, although all licensees that carry the Realtor brand are bound by the ...
Home prices fall for fifth consecutive month
Home prices decline in 2011 With the release of the CoreLogic Home Price Index (HPI®) report for December, a full-year picture is now available for all price changes in 2011. According to the CoreLogic, the HPI report reveals that including distressed sales, home prices in the U.S. decreased 4.7 percent in 2011 compared with December 2010. With distressed sales excluded, ...
Mortgage application volume dips, lending remains tight
Applications decrease According to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey, the volume of mortgage applications dropped 2.9 percent from the week prior, on a seasonally adjusted basis and is 4.3 percent lower than the same week in 2011. The share of mortgages that are refinances has been relatively level, coming in at 80 percent this week, down ...
Breakthrough Broker web community by Realtors for Realtors
New real estate community for brokers Founded by Colorado Realtors, Nathan Froelich and Eric Sachs, Breakthrough Broker has launched as a comprehensive online resource center for fellow real estate professionals, seeking to solve any problems real estate professionals may face in their careers. Site visitors can use professionally-designed templates to create customize marketing materials, and the community offers guidebooks filled ...
Windermere nabs talent from Realogy Corporation
Windermere’s strategic hire Today, Geoff Wood, CEO of Windermere Real Estate announced that Scott Mitchelson, formerly Vice President of National Franchise Sales at Realogy Corporation, has joined Windermere as the company’s new Senior Vice President of Business Development. While it is not uncommon in the real estate industry to be a quiet game of musical chairs, this hire is a ...
Top 10 most expensive rental homes in America
The ten biggest price tags 2012 is easily the year of the landlord as rental prices are on the rise and vacancy rates and days on market are on the decline. While many people are deal hunting, there are yet others who are seeking top of the line rentals – sometimes for short term use, and other times for their ...















