RISMEDIA, June 1, 2010—(MCT)—Although the situation is open to interpretation as well as change, there are growing concerns that the effects of this economic downturn could have a long-lasting effect on the housing market.
A study …

RISMEDIA, June 2, 2010—Sales of single-family homes in Connecticut soared 41% in April 2010 from a year earlier, while condo sales spiked 51%, according to a new report by The Warren Group, publisher of The …

RISMEDIA, June 5, 2010—(MCT)—Looking for a bargain? Actor Eddie Murphy’s 30-room Englewood, N.J., mansion, which went on the market in 2004 for $30 million, can be yours for $12.75 million.
And hip-hop entrepreneur Russell Simmons’ 35,000-square-foot …

RISMEDIA, June 7, 2010—Pending home sales have risen for three consecutive months, reflecting the broad impact of the home buyer tax credit and favorable housing affordability conditions, according to the National Association of Realtors.
The Pending …

RISMEDIA, June 15, 2010—Alexander E. Perriello III, president and chief executive officer of the Realogy Franchise Group, said real estate industry leaders are asking Congress to extend the June 30 closing deadline imposed by the …

RISMEDIA, June 16, 2010—The size of new single-family homes completed declined last year, dropping to a nationwide average of 2,438 square feet, according to detailed information about the characteristics of new homes completed in 2009 …

RISMEDIA, May 20, 2010—Nationwide housing starts rose 5.8% to a seasonally adjusted annual rate of 672,000 units in April 2010 as the deadline for an important home buyer tax incentive arrived, according to figures released …

RISMEDIA, May 24, 2010—Economists participating in a recent NAHB Construction Forecast Conference Webinar agreed that the housing market is on the road to recovery, but cautioned that several factors could contribute to a bumpy ride …

RISMEDIA, May 25, 2010—The Illinois housing market saw positive indicators nearly across the board in April 2010 with upward momentum in home prices and sales jumping 34.4% on the heels of the home buyer tax …

RISMEDIA, May 25, 2010—Those who missed taking advantage of the first-time buyer tax credit but who are still planning the purchase of their first home, continue to have a wealth of opportunities in today’s marketplace. …