| Wednesday, August 27, 2008 |
Quantity, quality vary at real estate search sites
A report commissioned by property search company Roost found that property information can vary widely in volume and accuracy among online sites, with ...Study sets benchmarks for customer service
A first-of-its-kind ranking of customer satisfaction with national real estate brokerages not only gives Keller Williams and Prudential something to ... Frontdoor signs deal with Relocation.com
Frontdoor.com, an online real estate listing service powered by HGTV, has added content from Relocation.com that aims to help consumers make more ... Social media can do wonders for RE biz
Many real estate professionals look at social media and wonder, "It looks great, but how can I really use it in my business?" Benn Rosales ... Theft of escrow funds nets 12 years in prison
The former owner of an Ohio title insurance agency has been sentenced to 12 years in prison and ordered to pay more than $7 million in restitution ... Real estate marketing and an orange monkey
Editor's note: In these Factory Tour segments, we bring you a behind-the-screen look inside the office environments at real estate technology ... Mortgage applications up slightly
Mortgage applications nudged up slightly last week as a small increase in refinance applications was all but cancelled out by a reduction in applications ...
Media company joins real estate auction venture
The Los Angeles Times Media Group has joined a real estate auction venture that is selling bank-owned foreclosure properties and builder-owned properties. ...MeGlobe crosses online language barriers
It may sound like the stuff of science fiction: Instant language translation during live communication. And it's not a perfect science yet, but the ... Fannie, Freddie shun N.Y. subprime loans
Housing advocates say mortgage financers Fannie Mae and Freddie Mac are overreacting to a New York law the companies say creates new legal liabilities ... Lenders still plagued by fraud
Mortgage fraud continues to be an issue in newly originated loans, according to a report from the Mortgage Asset Research Institute that shows a 42 ... Home prices on less slippery slope?
The rate of decline in U.S. home prices slowed during the second quarter, but the 4.8 percent year-over-year drop in a house-price index that relies ... MLS future: Bring a big gun
Rob Hahn, in a post titled, "To Hunt Elephants, You Need an Elephant Gun," discusses one of the hottest topics in real estate: the multiple ... New-home sales rate sinks 35.3% in July
The sales rate for new single-family homes fell about 35.3 percent year-over-year in July, the U.S. Census Bureau and Department of Housing and Urban ... Home-price index falls 15.9% in June
A monthly price index for 20 U.S. metro areas dropped 15.9 percent year-over-year in June, with the sharpest declines in the Las Vegas, Miami and Phoenix ...
NAR: Resale home prices, sales fall
The sales rate for of U.S. resale homes dropped 13.2 percent in July compared to the same month last year, and the national median price dropped ...Finding 'best value' in local markets
ZipRealty, a full-service residential real estate brokerage, announced a new online tool at ZipRealty.com that allows site users to vote on whether ... Point2 to syndicate Realcomp listings
Michigan's biggest multiple listing service, Realcomp, will send listings to syndicator Point2 Technologies Inc. when authorized by member brokers ...
Trulia unveils blogging platform, mobile tools
The latest batch of new features at real estate site Trulia.com includes a simplified blogging platform, mobile tools for property searches that use ...Trulia unveils blogging platform and mobile tools
The latest batch of new features at real estate site Trulia.com includes a simplified blogging platform, mobile tools for property searches that use ...
Brothers team up to create real estate duo
SAN FRANCISCO -- On a warm July morning, Brendon Kearney is in his office at the Coldwell Banker Market Street branch in San Francisco. It's 9 ...Fannie-Freddie deathwatch begins
Mortgage rates bottomed again at 6.5 percent, as they have since May, maintaining a consistently wide spread to the 10-year T-note, which bottomed ... Realtor.com sees search surge in some markets
Real estate search site Realtor.com has seen a jump in online searches within dozens of market areas in July compared to the same month last year, ... California building permits set to hit record low
California builders are likely to pull only about 72,000 permits to build new homes in 2008 -- one-third the number issued in 2005 and the lowest number ... VA backs no-down loans up to $729K till '09
The Department of Veterans Affairs is raising the ceiling for no-down-payment home loans it will guarantee to match local limits used by Freddie Mac ... Inman News seeks 'Most Influential' nominations
Inman News is seeking your nominations for the 100 most influential individuals in real estate and the 25 most influential bloggers. The deadline ... HomeGain launches AgentView marketing platform
Real estate technology and marketing company HomeGain this week launched AgentView, a subscription-based online marketing platform that allows agents ... | Thursday, August 21, 2008 |
Nestoria builds 'nest' in Germany
Nestoria.co.uk, a popular property-search site in the United Kingdom, has launched a version in Germany at Nestoria.de. The site announced a number ...Prudential leader finds a home in real estate
As the leader of Prudential CA/NV/TX Realty, Ed Krafchow knows a thing or two about hard work and perseverance. He remains at the same company he ... Home magazine shuts down
Home magazine, which shares an owner with other magazine brands such as Elle, Car and Driver, Road and Track and Woman's Day, will cease publication ... Survey: Affordability matters most to first-time buyers
A survey of 150 Coldwell Banker real estate brokers revealed that affordability is the prime concern for first-time home buyers. Eighty-one percent ... Rates on fixed-rate mortgages improve
Rates on fixed-rate mortgages fell for the week ending Aug. 21, while rates on adjustable-rate mortgages were stable or up slightly, Freddie Mac said ... MyNewPlace offers online search for rentals
Company name: MyNewPlace. Company headquarters: San Francisco. Number of offices: One. Web site: mynewplace.com. Contact information: 425 ... | Wednesday, August 20, 2008 |
HUD won't withdraw proposed RESPA rule changes
The Department of Housing and Urban Development says it's willing to modify, but not withdraw, a proposal to overhaul loan disclosure forms and revamp ...Can Web save the 6% commission?
In its September 2008 issue, alongside its reviews of tub cleaners and organic produce, Consumer Reports turns its critical eye on the real estate ... Estately.com adds 3 California market areas
Real estate search and agent referral company Estately on Thursday announced an expansion into three new markets, all in California: Los Angeles, Orange ... RE/MAX system surpasses 5 million leads
Real estate franchise company RE/MAX International reported that the company's online lead management system, called LeadStreet, has passed along over ... Zillow report: 45% of '06 buyers underwater
Real estate technology company Zillow released a market report this month revealing that 29.1 percent of homeowners who purchased in the past five ... Investors fear Fannie, Freddie bailout
Investors continued to dump shares of Fannie Mae and Freddie Mac this week amid growing fears that the government will be forced to bail the companies ... Appraisers can take online orders
Appraisers can now take orders from loan originators online and retrieve property data at the same time using mortgage software and services provider ... Ease in rates fails to spur home loan apps
Interest rates eased but a drop in refinancing activity pushed mortgage applications down a seasonally adjusted 1.5 percent during the week ending ...
Real estate company makes the news
In the fall of 2006 -- when housing sales had cooled, but before "credit crunch" became a household term -- Alex Perriello had some advice ...Zillow, MyNewPlace climb Web rankings
Real estate site Zillow.com climbed from sixth place in June to third place in July and apartment search site MyNewPlace.com rose from 19th place ... AP: Monitoring of appraisers ineffective
A nationwide system set up to monitor appraisers in the wake of the savings and loan crisis did little to prevent appraisers, real estate agents ... Traditional vs. discount: 'You get what you pay for'
Editor's note: The following is a collection of reader's comments found on Inman.com: 'You get what you pay for' Help-U-Sell franchiser files ... Census: Single-family housing starts fall 39%
Housing starts hit lowest level since January 1991 Single-family housing starts in July slipped to the lowest rate since January 1991, the U.S. ... Canadian home sales, prices fall in July
Editor's note: The following is a roundup of international real estate news items. Canada's real estate market cools A report this week from ...
TurnHere partners with WellcomeMat
Online video companies expand real estate offerings TurnHere Inc., an online video solutions platform, today announced a partnership to become ...Stepping into the nest at Roost
Editor's note: This "Factory Tour" segment offers a look inside the workplace of Roost, a real estate technology company that offers a ... Sales rise, prices tumble in Southern California
Foreclosure resales are a 'dominant factor' in Southern California market Southern California sales hit the highest level in over a year, real estate ... Buyers flock to FHA, government-backed loans
Borrowers are flocking to government-insured loans, particularly those offered by the Federal Housing Administration, as they seek to refinance out ... First American: Inflation hurts home prices
Year-over-year declines in national home prices have stabilized in the 10 to 11 percent range, but price declines are accelerating when inflation ...
Realogy: Market 'difficult to predict'
Real estate brokerage and franchise company Realogy has consolidated about 70 company-owned offices this year and most of its consolidations have ...Help-U-Sell franchiser files for bankruptcy
The Help-U-Sell Real Estate franchise company entered Chapter 11 bankruptcy proceedings after a group of regional operators filed an involuntary ... Poll: Feds likely to aid Fannie, Freddie
WSJ: Economists expect Fannie, Freddie to require bailout Economists polled by the Wall Street Journal see a 59 percent chance that the government ... 'Jumbo conforming' rates could come down
Changes in the rules for selling jumbo mortgages to secondary market investors could mean lower interest rates for home buyers seeking loans that ... P3 offers neighborhood videos to brokers
Real estate brokerages in the Chicago area are flocking to a service that puts their branding on a widescreen video player that streams slick shorts ... | Thursday, August 14, 2008 |
ZipRealty co-founder leads statewide MLS effort
Scott Kucirek, a former executive for a major Prudential brokerage company and for ZipRealty, a high-tech, publicly traded brokerage company, has ...NAR: Home prices fall further in Q2
NAR reports price declines in 77% of tracked metros The median price of resale homes in 115 of 150 U.S. metro areas tracked by the National Association ... REOs comprise nearly 20% of homes on market
Nearly one in five homes for sale in the United States are properties repossessed by lenders, data aggregator RealtyTrac reported today, as foreclosure-related ...
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