Marketing & Statistics

Marketing & Statistics

June Market Report

MEMPHIS, Tenn. - July 4, 2012 - (RealEstateRama) -- Memphis-area home sales for June decreased 2.4 percent from a year ago, with 1,277 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Total sales dr...

Florida Should Require Praetorian Insurance to Cut Rates Charged to Homeowners by at Least...

Washington D.C. - July 3, 2012 - (RealEstateRama) -- In testimony filed today, the Consumer Federation of America (CFA) called for the Florida Office of Insurance Regulation (OIR) to require Praetorian Insurance Company to cut homeowners’ insurance r...

MBA: First Quarter Mortgage Banker Production Profits Improve

WASHINGTON, DC - July 2, 2012 - (RealEstateRama) -- Independent mortgage banks and mortgage subsidiaries of chartered banks made an average profit of $1,654 on each loan they originated in the first quarter of 2012, up from $1,093 per loan in the fourt...

REBS®, the Products Subsidiary of the CALIFORNIA ASSOCIATION OF REALTORS®, Chooses VerticalResponse as Marketing...

LOS ANGELES, CA - June 28, 2012 - (RealEstateRama) -- Real Estate Business Services® Inc. (REBS®), the subsidiary of the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.), today announced a partnership with VerticalResponse, a leading provider of self-se...

Pending Home Sales Up in May, Continue Pattern of Strong Annual Gains

WASHINGTON, DC - June 27, 2012 - (RealEstateRama) -- Pending home sales bounced back in May, matching the highest level in the past two years, and are well above year-ago levels, according to the National Association of Realtors®. Both monthly and an...

Texas Housing Recovery Underway

COLLEGE STATION, TX - June 27, 2012 - (RealEstateRama) -- Permits for new single-unit Texas homes are on the rise, fueling expectations the long-awaited housing recovery is underway.

Mortgage Applications Decrease in Latest MBA Weekly Survey

WASHINGTON, D.C. - June 27, 2012 - (RealEstateRama) --Mortgage applications decreased 7.1 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 22, ...

Massachusetts Home Sales Up for 11th Straight Month in May

WALTHAM, MA - June 26, 2012 - (RealEstateRama) -- The Massachusetts Association of REALTORS® (MAR) reported today that May single-family home sales increased again compared to the same time last year for the 11th straight month. Condominium sales were...

Improving Housing Market Leading to Larger Home Sizes and Increased Property Enhancements

Washington, D.C. - June 26, 2012 - (RealEstateRama) -- As the struggling housing market shows signs of improvement, there has been a reversal in the 6-year trend in smaller home sizes. This is the case for custom and luxury homes, as well as for additi...

Federal Housing Finance Agency Reports Mortgage Interest Rates

Washington, DC - June 26, 2012 - (RealEstateRama) -- The Federal Housing Finance Agency (FHFA) today reported that the National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders, used as an index in some a...

Recent Transactions 06 25 2012

Scottsdale, AZ - June 25, 2012 - (RealEstateRama) -- Sale Transactions: Brad Ranly, Lane Neville, and Barbara Lloyd negotiated the sale of a 42,700 SF office building representing the seller, JPMC Series 2007-CIBC18. The property is located on 17200 N....

California pending home sales rise on annual basis, post double-digit year-over-year gains in last...

LOS ANGELES, CA - June 25, 2012 - (RealEstateRama) -- Pending home sales in California were flat from April but posted double-digit gains from the previous year for the fourth straight month, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported t...

New-Home Sales Rise 7.6 Percent in May

WASHINGTON, D.C. - June 25, 2012 - (RealEstateRama) -- Sales of newly built, single-family homes rose 7.6 percent to a seasonally adjusted annual rate of 369,000 units in May, according to newly released data from HUD and the U.S. Census Bureau.

Elite Realtors of Georgia Pairs with iHomefinder

Berkeley, CA - June 22, 2012 - (RealEstateRama) -- iHomefinder is proud to announce the acquisition of another customer that has chosen to optimize their website by using Optima IDX. Elite Realtors of Georgia will now enjoy all the features and benefit...

May home sales in Illinois up 22.1 percent from a year ago; Chicago area...

SPRINGFIELD, IL - June 21, 2012 - (RealEstateRama) -- Home sales in Illinois recorded their best May performance since 2007, and year-over-year median sales prices moved into positive territory in the Chicago area for the first time in more than four y...

Existing-Home Sales Constrained by Tight Supply in May, Prices Continue to Gain

WASHINGTON, DC - June 21, 2012 - (RealEstateRama) -- Limited supplies of housing inventory held back existing-home sales in May, but sales maintained a strong lead over year-ago levels and home prices are on a sustained uptrend in all regions, accordin...

RE/MAX Northern Illinois Real Estate Network’s Hot Air Balloon Will Visit 1st Baptist Church...

CHICAGO, IL - June 21, 2012 - (RealEstateRama) -- The RE/MAX Hot Air Balloon will visit the 1st Baptist Church, 3440 178th St., Lansing, Ill., on July 15 where the balloon crew will present an interactive educational program developed and sponsored by ...

iHomefinder Announces New Client: Karlin Real Estate, LLC

Berkeley, CA - June 21, 2012 - (RealEstateRama) -- It is with great pleasure that iHomefinder announces a partnership with a new customer that has discovered the value of optimizing their website's potential by using Optima IDX technology. As a result ...

Selling Your Home This Summer? Then Make Sure Backyard Is Appealing, Advise RE/MAX Agents

CHICAGO, IL - June 20, 2012 - (RealEstateRama) -- Summer time is the outdoor season in Chicagoland, and if that is when you plan to sell your home, you can be sure potential buyers across the metropolitan Chicago real estate market will be paying speci...

Award winning Associates open Dominion Real Estate Partners Kierland/Desert Ridge office.

Scottsdale, AZ - June 20, 2012 - (RealEstateRama) -- Award winning real estate professionals, Ron and Joelle Baker have opened a Dominion Real Estate Partners Kierland/Desert Ridge office. The office is located at 15849 N 71st Street in Scottsdale, jus...

Government Refinance Applications More Than Double in Latest MBA Survey

WASHINGTON, D.C. - June 20, 2012 - (RealEstateRama) -- Mortgage applications decreased 0.8 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 15,...

Georgia Homes Prices Edge Up in May

Atlanta, GA – June 19, 2012 – (RealEstateRama) — Spring has brought both change and clarity to our local market. Some sellers are seeing competing bids on their properties which have led to modest price gains. Buyers have fewer option...

Single-Family Housing Starts Rise 3.2 Percent in May

WASHINGTON, D.C. - June 19, 2012 - (RealEstateRama) -- Single-family housing production increased for a third consecutive month and builders pulled more permits for both single- and multifamily construction in May, according to newly released figures f...

California housing market continues to post strong gains in May, home sales rise to...

LOS ANGELES, CA - June 18, 2012 - (RealEstateRama) -- California’s housing market continued to improve in May, with home prices posting solid gains for the third straight month and home sales well above last year’s pace, the CALIFORNIA ASSOCIATION ...

Gary Mitidiero Wins Milwaukee Mile Vintage Stock Car Race

MILWAUKEE, WI - June 15, 2012 - (RealEstateRama) -- Starting in the last row of a 22 car field, Gary Mitidiero of Homer Glen, Illinois came from behind to win the Vintage Stock Car Feature driving the RE/MAX Synergy Camaro at the famous Milwaukee Mile....

Agent Publishing Launches in Houston

Chicago Real Estate Publisher Expands into Other Markets Chicago, IL – June 14, 2012 – (RealEstateRama) — Agent Publishing, founded and based in Chicago, launched in the Houston market this week. The company launched its website, Hous...

Mortgage Applications Reach Highest Level Since 2009 in Latest MBA Weekly Survey

WASHINGTON, D.C. - June 14, 2012 - (RealEstateRama) -- Mortgage applications increased 18.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 8,...

Redfin Real-Time Price Tracker Sees Price Gains, Inventory Declines Across 19 Markets in May...

SEATTLE, WA - June 13, 2012 - (RealEstateRama) -- Technology-powered real estate broker Redfin today released its Real-Time Price Tracker for May 2012, showing an annual price gain of 2.2% and a monthly gain of 2.7% across the U.S. Inventory levels wer...

RE/MAX Hot Air Balloon to Visit Lutheran Outdoor Ministries Center in Oregon on June...

CHICAGO, IL - June 13, 2012 - (RealEstateRama) -- The RE/MAX Hot Air Balloon will visit the Lutheran Outdoor Ministries Center, 1834 S. Ill. Hwy. 2, Oregon, Ill., on June 13 when the balloon crew will present an interactive educational program develope...

Commercial/Multifamily Mortgage Balances Up $8.1 Billion in First Quarter

Washington, DC - June 12, 2012 - (RealEstateRama) -- The level of commercial/multifamily mortgage debt outstanding increased by $8.1 billion, or 0.3 percent, in the first quarter of 2012, as three of the four major investor groups increased their holdi...

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Mayor London Breed Celebrates Groundbreaking of New Affordable Housing in the...

Mayor London N. Breed today joined community leaders to celebrate the groundbreaking of future affordable housing at 1950 Mission Street. Once completed, the project will offer 155 affordable apartments for families