Category Archives: Real Estate News

  • Insurance Against Faulty Appraisal Valuations | Realtor Magazine

    Low appraisals have been blamed for continuing to hamper the real estate market. So Kirchmeyer & Associates is debuting an appraisal warranty insurance program to its appraisal management services to protect lenders and investors against faulty appraisals.

  • Foreclosures Continue to Weigh on Home Values | Realtor Magazine

    Distressed homes continue to chip away at overall home prices across the country, but the “plunging collapse of prices seen in 2007-2009 seem to be behind us, “David Blitzer, chairman of the Index Committee at Standard and Poor, said in a recent statement.  For the third quarter, market research firm CoreLogic reports about 22 pe […]

  • Winter-Selling Tips for Overcoming the Gloom | Realtor Magazine

    Selling a home in the cold, dreary winter months may not be ideal but there’s still plenty you can do to get a home to standout.  “Buyers out looking at homes in December or January are, as a group, quite serious about buying,” Laura Ortoleva, a spokesperson for the RE/MAX Northern Illinois, told RISMedia.

  • Mortgage Rates Fall; 30-Year Remains Under 4%

    Home-mortgage rates in the U.S. fell slightly as the 30-year fixed-rate mortgage has averaged at or below 4% for the fourth consecutive week, said Freddie Mac.

  • New-Home Sales Post Biggest Gains in Months | Realtor Magazine

    New-home sales for single-family homes rose 1.3 percent in October, marking the best pace for new-home sales activity since this May, the U.S. Commerce Department reports. Following the sector’s worst year for new-home activity on record last year, several recent reports are suggesting a pick-up in new construction.

  • Social Media and REALTORS®

    Although social media has rapidly penetrated market communications, the use of social media has not changed much between the 2010 and 2011 surveys. Almost…