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	<title>Realty News Now &#187; Market News</title>
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	<description>Real Estate News and Information</description>
	<pubDate>Thu, 29 Jul 2010 13:58:56 +0000</pubDate>
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		<title>Outlook for Corpus Christi Economy and Real Estate Market Remains Stable</title>
		<link>http://www.realtynewsnow.com/outlook-for-corpus-christi-economy-and-real-estate-market-remains-stable</link>
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		<pubDate>Thu, 29 Jul 2010 13:18:16 +0000</pubDate>
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		<description><![CDATA[The outlook for Corpus Christi, Texas’ economy is as stable and positive as ever, with a growing labor force and major projects in the works. Leading real estate firm Green Door Real Estate reports that this has strengthened the housing market as well.
Corpus Christi, TX (PRWEB) July 29, 2010
The economic outlook for the city of [...]]]></description>
			<content:encoded><![CDATA[<p><em>The outlook for Corpus Christi, Texas’ economy is as stable and positive as ever, with a growing labor force and major projects in the works. Leading real estate firm Green Door Real Estate reports that this has strengthened the housing market as well.</em></p>
<p>Corpus Christi, TX (PRWEB) July 29, 2010</p>
<p>The economic outlook for the city of Corpus Christi, Texas remains stable, reports leading Corpus Christi, TX real estate agent Joseph Cortez of Green Door Real Estate. Citing data from Fitch Ratings, which recently assigned an AA rating to three of the city’s certificates of obligation (COs), Cortez points out Corpus Christi’s growing labor force, consistently low unemployment rates, and wealth of redevelopment projects as positive indications of the health of the area’s economy.</p>
<p>“A strong, diversified economy and a steadily expanding labor force translate to a more stable housing market,” says Cortez. “Of course, the city has felt the effects of the economic downturn, but we are faring much better than other areas. Back in 2008, Businessweek included Corpus Christi in their ‘Best Cities for Riding Out a Recession’ list and it has been proving true thus far.”</p>
<p>Texas’ eighth largest city in terms of population (287,438 as of 2009 US Census estimates), Corpus Christi serves as the county seat of Nueces County. It has an economy dominated by the shipping, petrochemical, agricultural and tourism industries, as well as the military. “We have one of the country’s and the world’s biggest ports in terms of tonnage,” says Cortez, “and there are major projects underway in the port area that will help strengthen the economy further in the future.”</p>
<p>Corpus Christi’s overall stability, as well as its low cost of living and scenic gulf-front setting, makes it ideal for real estate investors. “It’s a good time to invest in Corpus Christi, TX new homes,” says Cortez. “The city has excellent prospects and real estate values here are projected to go up.”</p>
<p>The president of Green Door Real Estate, Cortez has been involved in the real estate industry for nearly a decade. A custom home builder as well as a Realtor, he has a particular expertise in new homes for sale in Corpus Christi. For more information on the community and the real estate market, visit the firm’s website, www.GreenDoorRE.com.</p>
<p># # #</p>
<p>For the original version on PRWeb visit: <a href="http://www.prweb.com/releases/prweb2010/07/prweb4321414.htm">http://www.prweb.com/releases/prweb2010/07/prweb4321414.htm</a></p>
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		<title>A roundup of real estate personnel notices</title>
		<link>http://www.realtynewsnow.com/a-roundup-of-real-estate-personnel-notices</link>
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		<pubDate>Mon, 26 Jul 2010 15:17:44 +0000</pubDate>
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		<description><![CDATA[(NAPLES NEWS) - Connie Boyd has been named vice president of communications and  public relations of the Bonita Springs-based company. She is responsible  for all aspects of WCI’s internal and external communications,  including the company’s public relations policies, objectives and  initiatives. Boyd joined the company’s amenities division in 2001, where  [...]]]></description>
			<content:encoded><![CDATA[<p>(<a href="http://www.naplesnews.com/">NAPLES NEWS</a>) - Connie Boyd has been named vice president of communications and  public relations of the Bonita Springs-based company. She is responsible  for all aspects of WCI’s internal and external communications,  including the company’s public relations policies, objectives and  initiatives. Boyd joined the company’s amenities division in 2001, where  she developed the Signature Services Concierge program. She also  directed WCI’s property management team, customer care call center,  investor relations and customer communications. Prior to joining WCI,  Boyd had 20 years in sales, marketing, community relations and customer  service management. A native of Columbia, Mo., Boyd resides in Fort  Myers.</p>
<p>Premier Properties of Southwest Florida Inc.</p>
<p>Chris Wortman and Max Lummis have joined the company.</p>
<p>Wortman will be working from the company’s Vanderbilt Beach office. A  native of Newburg, Ind., he has been a resident of Florida for eight  years. He has been a Realtor since 2004 and earned a broker’s license in  2006. Wortman focuses on marketing and selling waterfront residential  properties. He previously worked for South Bay Realty and Miromar  Realty. Prior to real estate, he worked for Bristol Myers for 20 years  in the nutritional and pharmaceutical departments. Wortman is a member  of the National Association of Realtors (NAR), Florida Realtors, and the  Naples Area Board of Realtors (NABOR). South Bay Realty awarded him the  Shining Star Award in 2007 as the agent with the most listings and  sales in their firm. Wortman studied business at the University of  Evansville. He holds the designation of Master Certified Sales  Professional (MCSP), awarded through the National Association of Home  Builders.</p>
<p>Lummis is a sales associate at Premier’s office at the Promenade at  a.inline_topic:hover { 	background-color: #EAEAEA; }   <a class="inline_topic" href="http://www.naplesnews.com/news/topic/bonita-bay-group/">Bonita Bay</a> in Bonita Springs. He has been active in real estate in Southwest  Florida for seven years. Before joining Premier, his business experience  includes a partnership with the accounting firm of KPMG in St. Louis  from 1973 to 1989, where he was in charge of local mergers and  acquisitions. Lummis left KPMG and joined Koplar Communications as CFO  and COO. He is a resident of Bonita Bay  and was involved in the  turnover of the Bonita Bay Club from the Bonita Bay Group in spring  2010.</p>
<p><a href="http://www.naplesnews.com/news/2010/jul/24/roundup-real-estate-personnel-notices/">Read full story</a></p>
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		<title>SilverLeaf Financial CEO Shane Baldwin Discusses The Company’s Record Numbers for 2nd Quarter of 2010</title>
		<link>http://www.realtynewsnow.com/silverleaf-financial-ceo-shane-baldwin-discusses-the-company%e2%80%99s-record-numbers-for-2nd-quarter-of-2010</link>
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		<pubDate>Mon, 26 Jul 2010 14:46:48 +0000</pubDate>
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		<description><![CDATA[Utah based private equity firm discusses their latest transactions and results for the second quarter of 2010.
Salt Lake City, UT (PRWEB) July 26, 2010
The Salt Lake City based private equity firm, SilverLeaf Financial had a record breaking 2nd quarter this year.  The firm successfully closed the 2nd quarter by acquiring a sizable pool of [...]]]></description>
			<content:encoded><![CDATA[<p><em>Utah based private equity firm discusses their latest transactions and results for the second quarter of 2010.</em></p>
<p>Salt Lake City, UT (PRWEB) July 26, 2010</p>
<p>The Salt Lake City based private equity firm, SilverLeaf Financial had a record breaking 2nd quarter this year.  The firm successfully closed the 2nd quarter by acquiring a sizable pool of assets from the Milwaukee based, Marshal and Ilsey Bank.  This most recent acquisition consists of 19 assets from 17 loan relationships, 25 loans and 2 REO properties with a combined face value amount greater than $70 Million.  This brings the companies 2nd quarter acquisition total to $135 Million worth of assets.</p>
<p>CEO Shane Baldwin says,” We are excited about this purchase.  We’ve purchased several loans from M&amp;I in the past, and they have been a great seller for us.  This 2nd quarter was a big quarter for a lot of sellers as it was for a lot of buyers.  There was a lot of product on the market, and I think that’s why we saw such favorable pricing on the deals that we acquired.”</p>
<p>The associated collateral from SilverLeaf’s latest acquisition contain a mix of commercial and residential land, single family residences, office buildings, industrial buildings, storage units, and multi family units.  The collateral is located primarily in Florida, Wisconsin, and Arizona.</p>
<p>When asked what the firm’s focus will be in the 3rd Quarter, Baldwin says, “This next quarter our focus will continue to be centered on buying non performing loans secured by cash flowing commercial real estate, and actively grow our business as we’ve done this year by acquiring over 180 Million in face value notes in quarters 1 and 2.  Our goal has been to double our acquisitions each quarter, which means next quarter our goal is to acquire $300 Million in face valued notes.”</p>
<p>Just recently SilverLeaf was awarded from C.W. Capital four additional notes totaling $64.7 Million in face value. The associated collateral is commercial properties consisting of office complexes and office buildings in Arizona, Colorado, Maryland and Michigan. SilverLeaf will close this transaction by the end of this month.</p>
<p>SilverLeaf’s V.P. of Acquisitions Benjamin Smith comments,” As long as we continue to see good product at nice discounts from banks, special servicers and the FDIC, we will be a very active buyer in this market.”  Silver Leaf Financial prefers to buy assets on a “one off” basis, rather than a “pooled basis”.  They will however buy from the same lender on a “pooled basis” if the firm can choose what that pool consists of.</p>
<p>About SilverLeaf</p>
<p>SilverLeaf Financial is a private equity firm headquartered in Salt Lake City, Utah.  The company was formed in 2008 and focuses primarily on acquiring assets from the FDIC, regional banks, special servicers and other financial institutions.  As of July 2010, SilverLeaf has purchased approximately 100 assets, totaling nearly 315 Million in face value.  For more information visit www.SilverLeaf-Financial.com</p>
<p>Campbell Dosch</p>
<p>V.P. Public Relations</p>
<p>SilverLeaf Companies</p>
<p>Phone: (801) 413-4702</p>
<p>Email: Campbell(at)silverleafcompanies(dot)com</p>
<p>###</p>
<p>For the original version on PRWeb visit: <a href="http://www.prweb.com/releases/prweb2010/07/prweb4299494.htm">http://www.prweb.com/releases/prweb2010/07/prweb4299494.htm</a></p>
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		<title>Free E-Book Educates High Net Worth Individuals About Investing in Emerging Real Estate Markets</title>
		<link>http://www.realtynewsnow.com/free-e-book-educates-high-net-worth-individuals-about-investing-in-emerging-real-estate-markets</link>
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		<pubDate>Mon, 26 Jul 2010 14:46:48 +0000</pubDate>
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		<description><![CDATA[In this e-book, investors will learn why emerging real estate markets represent an untapped investment resource and how they can use this knowledge to create a portfolio that delivers a consistently high rate of return.
Lakeland, FL (PRWEB) July 26, 2010
New Rise Investments, LLC, a real estate syndication company, has launched a new e-book, “Emerging Real [...]]]></description>
			<content:encoded><![CDATA[<p><em>In this e-book, investors will learn why emerging real estate markets represent an untapped investment resource and how they can use this knowledge to create a portfolio that delivers a consistently high rate of return.</em></p>
<p>Lakeland, FL (PRWEB) July 26, 2010</p>
<p>New Rise Investments, LLC, a real estate syndication company, has launched a new e-book, “Emerging Real Estate Markets: A Primer for Private Equity Investors” [<a href="http://www.newriseinvestments.com/pdf/Emerging-Markets-eBook.pdf] that can be downloaded at the New Rise Investments Website. ">http://www.newriseinvestments.com</a></p>
<p>In this free-book, New Rise Investments gives high net-worth individuals a different alternative to the ups and downs of the stock market: investing in multi-unit apartment buildings in emerging real estate markets. High net-worth investors will learn why emerging real estate markets represent an untapped investment resource and how they can use this knowledge to create a portfolio that delivers a consistently high rate of return.</p>
<p>“Events in last few years have conspired to against serious investors,” says Edwin Sanchez, President of New Rise Investments. “The near collapse of the financial market, the decline of the real estate market, and the overall economic malaise mean it’s harder than ever to achieve a high return on investments. It’s readily apparent that no one’s money is ‘safe.’ We wrote this e-book to give investors options. My wife and I built our own financial security by investing in apartment buildings, and we want to help others achieve the same goal.”</p>
<p>The 10-page fully illustrated Investing in Emerging Real Estate Markets e-book explains what is an emerging real estate market and gives examples of two such markets in the U.S. In addition, investors will learn how to find these emerging markets plus why apartment buildings offer a relatively safer investing alternative to mutual funds and the stock market.</p>
<p>“Investing in apartment buildings benefits people in a number of ways,” says Sanchez. “First, you park your money in an asset that has cash flow. A well-chosen emerging market will have people migrating in for new jobs and these people need a place to live yet may not be able to buy a home. Apartments fill that need. Second, the asset appreciates over time, so not only do you benefit from the passive cash flow due to rents, but you also profit from the appreciation. And third, the real estate deal is governed by SEC rules and regulations; an investor’s money is relatively safer than being parked in a mutual fund that’s riding the Wall Street roller coaster.”</p>
<p>“Investing in Emerging Real Estate Markets: A Primer for Private Equity Real Estate Investors,” is a free download, meaning high net-worth individuals do not need to register for it. In addition to the e-book, New Rise Investments has developed an educational video, blog posts, a newsletter, and a Facebook Page [http://www.facebook.com/newriseinvestments] in order to educate people about investing in apartment buildings. People can access the New Rise blog at the company’s Website: www.newriseinvestments.com/blog.</p>
<p>About New Rise Investments, LLC</p>
<p>In business since 2004, New Rise Investments is a leading real estate investment firm based in Lakeland, FL that’s committed to providing high net-worth investors with national real estate investment opportunities and profitable, superior risk adjusted returns while maintaining the highest standards of integrity. With its management team, New Rise Investments has more than twenty-five years of combined experience acquiring apartment complexes across the U.S. Regulated by law and the SEC, real estate syndication partnerships are open only to accredited investors. An accredited investor must either have an annual salary or $200K or $300K if married OR have a net worth of $1 million or more.</p>
<p>###</p>
<p>For the original version on PRWeb visit: <a href="http://www.prweb.com/releases/prwebnewriseinvestments/0710/prweb4304074.htm">http://www.prweb.com/releases/prwebnewriseinvestments/0710/prweb4304074.htm</a></p>
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		<title>The 1st Annual Rocky Mountain Cigar Festival In Boulder, CO, A &#8220;Stogie and Stein&#8221; Style Event</title>
		<link>http://www.realtynewsnow.com/the-1st-annual-rocky-mountain-cigar-festival-in-boulder-co-a-stogie-and-stein-style-event</link>
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		<pubDate>Sun, 25 Jul 2010 00:51:03 +0000</pubDate>
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		<description><![CDATA[The 1st Annual Rocky Mountain Cigar Festival will take place in Boulder, CO at The Millennium Harvest House from noon to 7pm. It will feature premium cigars such as Camacho, Nat Sherman, Romeo y Julieta, Montecristo, Macanudo, Partagas and many more.
Boulder, CO, (PRWEB) July 24, 2010
On August 29th, 2010, the 1st Annual Rocky Mountain Cigar [...]]]></description>
			<content:encoded><![CDATA[<p><em>The 1st Annual Rocky Mountain Cigar Festival will take place in Boulder, CO at The Millennium Harvest House from noon to 7pm. It will feature premium cigars such as Camacho, Nat Sherman, Romeo y Julieta, Montecristo, Macanudo, Partagas and many more.</em></p>
<p>Boulder, CO, (PRWEB) July 24, 2010</p>
<p>On August 29th, 2010, the 1st Annual Rocky Mountain Cigar Festival will be the  first event of its kind to come to the Colorado region. The festival will feature over 30 premium cigar manufacturers giving consumers the chance to meet famous cigar names such as Rocky of Rocky Patel, Tatianna of Tatianna Cigars, Jonathan Drew of Drew Estates &amp; more.</p>
<p>With the purchase of a ticket to The Rocky Mountain Cigar Festival attendees will receive a gift bag valued at over $300 which includes 20 cigars, 10 drink tickets, lighter, cutter, t-shirt, drink glass and more. Included with each ticket  is entrance into a drawing with a chance to win your choice of a motorcycle, scooter, ATV or snowmobile! Attendees can also participate in activities including a long-ash competition and putting contest in order to win exclusive prizes from vendors.</p>
<p>The Rocky Mountain Cigar Festival took its roots from other cigar events that have been hosted around the country such as The Big Smoke in Las Vegas or CIGARfest in Pennsylvania. What makes The Rocky Mountain Cigar Festival unique is its distinctly Colorado flavor.  Colorado businesses from car dealers to beer, spirit &amp; wine makers are taking part to give event goers a real feel of the Rocky Mountains.</p>
<p>Featured guests at the festival include NFL Hall of Famer Randy &#8220;The Manster&#8221; White, from the Soprano&#8217;s Joe &#8220;Vito&#8221; Gannascoli,  and John Caldera of the Independence Institute and KOA Radio.</p>
<p>Colorado-cigar enthusiasts are already talking about how they can’t wait to light up for this event. When asked why he will be attending The Rocky Mountain Cigar Festival, Colorado-cigar-smoker Dustin Wilson states, “The chance to put a face with the people that blend my favorite cigars is reason enough for me- but the goody bag and shot at winning a motorcycle is a pretty enticing reason as well.”  President of Villiger Stokkebye International, Erik Stokkebye, voices his enthusiasm saying, “Smoker Friendly always puts together great events – and I’m sure this will be a fantastic cigar event.”   Cigar manufacturers from around the world will be flying in to give Colorado area consumers the opportunity to try products and ask questions. Finally, a big smoke event, without the big city.</p>
<p>Tickets are limited and available at all Smoker Friendly locations and online at www.rmcigarfest.com</p>
<p>Ticket prices are $100 for general admission and $150 for VIP.</p>
<p>###</p>
<p>For the original version on PRWeb visit: <a href="http://www.prweb.com/releases/prwebRockyMountainCigarFestiva/August29/prweb4295334.htm">http://www.prweb.com/releases/prwebRockyMountainCigarFestiva/August29/prweb4295334.htm</a></p>
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		<title>June Home Sales Show Metro Chicago Real Estate Market Continuing to Rebound Reports RE/MAX</title>
		<link>http://www.realtynewsnow.com/june-home-sales-show-metro-chicago-real-estate-market-continuing-to-rebound-reports-remax</link>
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		<pubDate>Sun, 18 Jul 2010 05:08:27 +0000</pubDate>
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		<description><![CDATA[Home sales in the metropolitan Chicago real estate market continued their steady rebound in June as the first half of 2010 drew to a close.  Homes are selling in greater numbers and more quickly in most parts of the metro area than they were a year ago. Home price trends show less consistent improvement [...]]]></description>
			<content:encoded><![CDATA[<p><em>Home sales in the metropolitan Chicago real estate market continued their steady rebound in June as the first half of 2010 drew to a close.  Homes are selling in greater numbers and more quickly in most parts of the metro area than they were a year ago. Home price trends show less consistent improvement but did exhibit some encouraging signs, according to an analysis of June housing transactions by RE/MAX.</em></p>
<p>Chicago, IL (Vocus) July 16, 2010</p>
<p>Home sales in the metropolitan Chicago real estate market continued their steady rebound in June as the first half of 2010 drew to a close.  Homes are selling in greater numbers and more quickly in most parts of the metro area than they were a year ago. Home price trends show less consistent improvement but did exhibit some encouraging signs, according to an analysis of June housing transactions by RE/MAX.</p>
<p>Home sales in June were 26 percent higher in the seven-county metro area than they had been a year earlier, with 9,022 units changing hands, according to data available through Midwest Real Estate Data, LLC (MRED), the multiple listing service for Chicago and its Illinois suburbs.</p>
<p>Home sales during the first six months of 2010 outpaced those for the same period last year by 37 percent in the metro area, with 38,053 homes changing hands this year compared to 27,757 in 2009.  The increase in sales was comparable in the city and suburbs, with city sales climbing 36 percent and suburban sales rising 38 percent.</p>
<p>During the April-June quarter, total sales in the metro area rose 35 percent to 23,639 from 17,479 a year earlier.  Again, the suburbs showed a slightly larger increase than the city, gaining 36 percent to 10,039 units, while city sales rose 31 percent to 6,806 units.</p>
<p>The average price of a home sold in the seven-county area in June reached $274,217, up 2.6 percent from the $267,338 average recorded in June 2009 and 5.6 percent higher than the $259,573 average of May 2010.  However, the median price of homes sold declined 2 percent from $213,500 last June to $209,000 in June of this year.</p>
<p>“Home sales across our area certainly improved through the second quarter, and we think that trend can continue although there are those who feel otherwise,” said Jim Merrion, regional director of the RE/MAX Northern Illinois real estate network.</p>
<p>“The second quarter, and especially June, traditionally is a strong period for home sales, and this year the homebuyer tax credit provided extra momentum.  I expect July to be strong in terms of sales numbers because it usually ranks among the top three months in sales each year.  How the market will behave through the remainder of the third quarter isn’t clear yet though we are optimistic.”</p>
<p>Merrion noted that another encouraging aspect of the June results was that sales of distressed properties, as reported by MRED, continued a recent trend toward representing a smaller share of total home sales.  In March of this year, distressed sales (which include short sales and foreclosures) accounted for 42 percent of sales in the Chicago metro area.  That percentage has declined each month since and reached 31 percent in June.  During the second quarter, distressed sales totaled 7,764 units.  Though that total was 24 percent more than the 6,249 distressed sales reported for the second quarter of last year, it represented only 33 percent of all sales.  A year earlier, distressed sales were 36 percent of total sales for the April-June period.</p>
<p>Detached Homes</p>
<p>As has been the case for the last several months, sales of detached homes delivered a robust increase in June when compared to the same month last year.  Sales totaled 5,728 homes last month, up from 4,535 a year earlier, a gain of 26 percent.</p>
<p>Perhaps even better news was that both the median and average price for detached homes rose modestly in June relative to the same month last year.  The median price reached $220,000, a gain of 1.4 percent, while the average price of $291,326 reflected an increase of 4.6 percent.</p>
<p>“Those price increases stem largely from increased sales of higher priced homes, rather than price appreciation,” observed Merrion.</p>
<p>Higher average prices were combined with faster sales.  The amount of time the detached homes sold in June spent on the market fell from an average of 173 days last year to 153 days this year.</p>
<p>Sales of detached homes rose 32 percent in the second quarter to 14,830 units.  Suburban sales were up 34 percent, and city sales grew by 32 percent.  For the first half of 2010 there was a 34 percent gain in detached sales, with suburban sales up 35 percent to 19,421 units and city sales rising 30 percent to 4,699 units.</p>
<p>Attached Homes</p>
<p>Sales activity in attached homes, which consist largely of condominium apartments and townhouses, totaled 13,933 units across the metro area during the first six months of this year, yielding a 43 percent increase when compared to the January-June period last year.  June sales activity produced a more restrained gain of 27 percent, with 3,294 units changing hands.  Attached sales for June were up 22 percent in the city to 1,587 units and rose 31 percent in the suburbs to 1,707 units.</p>
<p>Second quarter results in the attached segment of the market were similar to those for the first half of 2010.  Unit sales totaled 8,809, an increase of 41 percent for the quarter compared to April-June 2009.  City sales climbed 36 percent to 4,113 units, while in the suburbs, 4,696 units were sold, an increase of 46 percent.</p>
<p>The market time for attached units that sold in June dipped from an average of 173 days last year to 163 days this year.</p>
<p>Both the average and median prices for attached homes sold in June were down from those recorded a year earlier.  The median price was $190,000, a decline of 8 percent, while the average sales price was $244,467, which represented a 1.3 percent drop.</p>
<p>“When you consider that about a third of all transactions in June involved distressed properties, it is rather encouraging that the average price for all homes sold in the metro area was two-and-half percent higher than it was a year earlier and the median price fell only 2 percent,” said Merrion.  “I think we’re getting into a more stable pricing environment, which is something we’ve been missing for some time.  If that does take hold, it will be much easier for buyers and sellers to act with a sense of confidence, and that alone would be a real boon for the housing market.”</p>
<p>###</p>
<p>For the original version on PRWeb visit: <a href="http://www.prweb.com/releases/prwebchicago-real-estate/2010-Home-Sales/prweb4267164.htm">http://www.prweb.com/releases/prwebchicago-real-estate/2010-Home-Sales/prweb4267164.htm</a></p>
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		<title>PrudentialHomesale.com Improving Market Presence, Exposure, Search Engine Results</title>
		<link>http://www.realtynewsnow.com/prudentialhomesalecom-improving-market-presence-exposure-search-engine-results</link>
		<comments>http://www.realtynewsnow.com/prudentialhomesalecom-improving-market-presence-exposure-search-engine-results#comments</comments>
		<pubDate>Sun, 18 Jul 2010 05:08:27 +0000</pubDate>
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		<category><![CDATA[Market News]]></category>

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		<description><![CDATA[Prudential Homesale Services Group launches new real estate website with improved Harrisburg, York, Reading, Lancaster, PA presence
Lancaster, PA (PRWEB) July 16, 2010
If you’re searching for homes in the Harrisburg, Reading, Lancaster or York areas of Pennsylvania, you might notice a new face in town.
Prudential Homesale Services Group launched a ground breaking new real estate website [...]]]></description>
			<content:encoded><![CDATA[<p><em>Prudential Homesale Services Group launches new real estate website with improved Harrisburg, York, Reading, Lancaster, PA presence</em></p>
<p>Lancaster, PA (PRWEB) July 16, 2010</p>
<p>If you’re searching for homes in the Harrisburg, Reading, Lancaster or York areas of Pennsylvania, you might notice a new face in town.</p>
<p>Prudential Homesale Services Group launched a ground breaking new real estate website and lead management system, designed to provide home searchers the best user experience.</p>
<p>“Buyers and sellers today require a more robust user experience,” said Rod Messick, CFO at Prudential Homesale Services Group. “Buyers want to find listings quickly and easily, find market information, see the listing on a map, and receive a near-instant response from an agent when he or she decides to request more information on that listing.</p>
<p>“Sellers want to know their listing is getting the most exposure, through the website, mobile devices and search engines. They want to search for their listing by address and find it on your website with full details without digging through pages of search results.”</p>
<p>Though Prudential Homesale Services Group’s www.PrudentialHomesale.com officially launched nearly one year ago, the site has undergone several recent changes to help boost performance for home searchers and sellers.</p>
<p>Among those are new market landing pages for York, Reading, Lancaster, Harrisburg and surrounding markets, easy drill-down property search options, a calendar system showing new listings by date and more.</p>
<p>Perhaps the most significant change to the website, however, is its placement among search engines. Prudential Homesale Services Group listings are easy to find through search engines with first page placement when searching by address. Pair with that the improved search engine presence for market-based searches, and PrudentialHomesale.com has seen a spike in search engine activity. In fact, the website has had a 250 percent increase in search engine visitors in a recent three-month span.</p>
<p>“The search engine traffic has been great,” Messick said. “It’s nice knowing buyers not previously familiar with us are finding our website through search engines, and sellers are confident in their listings’ presence and exposure on search engines.”</p>
<p>Visit www.PrudentialHomesale.com to view the Prudential Homesale Services Group real estate website or to search for homes in York, Reading, Harrisburg, Lancaster and surrounding Pennsylvania areas.</p>
<p>About Prudential Homesale:</p>
<p>Prudential Homesale offers customers a menu of services including realty, mortgage, settlement, insurance, warranty, relocation, builder/developer services, career services, and a complete customer care center. The only regional real estate company with headquarters in the area, Prudential Homesale offers its services to 11 contiguous south central and southeastern Pennsylvania counties. According to REALTrends, Prudential Homesale Services Group, Inc. is the #16th most successful real estate brokerage in the country in the combined delivery of home services: real estate sales, mortgage closings, title closings and home warranty sales. “We help people achieve their dreams” is the core purpose of its associates as they strive each day to help others achieve the American dream of homeownership.</p>
<p>Contact Prudential Homesale at 1-800-383-3535 or visit www.PrudentialHomesale.com for more information.</p>
<p>About Delta Media Group:</p>
<p>Canton, Ohio-based Delta Media Group is a national real estate technology developer. Serving more than 32,000 broker and agent real estate professionals, Delta Media Group builds one of the most profitable tools for major brokers in the real estate industry. Delta Media Group has been in business since 1994 and works with independent and franchise brokerages across the country. Delta Media Group specializes in real estate Web sites, real estate lead management, mobile applications, IDX property search, and real estate search engine optimization (SEO). Visit www.DeltaGroup.com for more info.</p>
<p># # #</p>
<p>For the original version on PRWeb visit: <a href="http://www.prweb.com/releases/prwebreal-estate/pa/prweb4264044.htm">http://www.prweb.com/releases/prwebreal-estate/pa/prweb4264044.htm</a></p>
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		<title>Rowell Auctions, Inc.,announces the online auction of 200 properties in 7 states in its latest round of auctions during the months of July and August.</title>
		<link>http://www.realtynewsnow.com/rowell-auctions-incannounces-the-online-auction-of-200-properties-in-7-states-in-its-latest-round-of-auctions-during-the-months-of-july-and-august</link>
		<comments>http://www.realtynewsnow.com/rowell-auctions-incannounces-the-online-auction-of-200-properties-in-7-states-in-its-latest-round-of-auctions-during-the-months-of-july-and-august#comments</comments>
		<pubDate>Thu, 15 Jul 2010 15:08:32 +0000</pubDate>
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		<description><![CDATA[In July and August, Rowell Auctions, Inc., an real estate auction firm, is offering more than 200 foreclosed and bank owned properties in 7 states.
(Vocus) July 15, 2010
Rowell Auctions, Inc., the nation’s premier online real estate auction company, is offering more than 200 properties in 7 states in its latest round of cyberspace sales during [...]]]></description>
			<content:encoded><![CDATA[<p><em>In July and August, Rowell Auctions, Inc., an real estate auction firm, is offering more than 200 foreclosed and bank owned properties in 7 states.</em></p>
<p>(Vocus) July 15, 2010</p>
<p>Rowell Auctions, Inc., the nation’s premier online real estate auction company, is offering more than 200 properties in 7 states in its latest round of cyberspace sales during the months of July and August. The properties are located in Pennsylvania, West Virginia, Georgia, Ohio, Kansas, Louisiana, with bids being accepted throughout the month of July and August. Purchasing real estate online has become the easiest form of investment in today’s marketplace. Savvy buyers have found their computer’s mouse to be the doorway to hot deals offered by highly motivated sellers. By simply going to RowellAuctions.com, buyers and investors can examine the properties that interest them, learn the terms and conditions of the sale and post a bid, all from the comfort of their homes or offices.</p>
<p>The July and August sales feature residences, commercial buildings and sites, farmland, waterfront lots and other real estate. Most of the properties are foreclosures, bankruptcy assets and other real estate offered by lending institutions eager to see them sold. America’s buying public long ago learned that the name Rowell carries a 74-year history of auction sales in a climate of trust and integrity, with online sales being the latest chapter in the company’s proud reputation for bringing willing sellers and serious buyers to the closing table.  Opportunity awaits the latest generation of real estate purchasers who find online property sales to be right on target.</p>
<p>About Rowell Auctions, Inc:<br />
Established in 1936, Rowell Auctions, Inc. has provided clients with the most comprehensive marketing services for more than 70 years. The company&#8217;s auction marketing professionals sell real estate and other substantial assets throughout the nation through online auctions and live auction events.</p>
<p>###</p>
<p>For the original version on PRWeb visit: <a href="http://www.prweb.com/releases/prwebrowell-auction/real-estate/prweb4263414.htm">http://www.prweb.com/releases/prwebrowell-auction/real-estate/prweb4263414.htm</a></p>
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		<title>Real estate prices, post tax credit</title>
		<link>http://www.realtynewsnow.com/real-estate-prices-post-tax-credit</link>
		<comments>http://www.realtynewsnow.com/real-estate-prices-post-tax-credit#comments</comments>
		<pubDate>Tue, 13 Jul 2010 14:27:48 +0000</pubDate>
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		<category><![CDATA[Market News]]></category>

		<guid isPermaLink="false">http://www.realtynewsnow.com/?p=2792</guid>
		<description><![CDATA[(THE MOTLEY FOOL) - A couple days ago I posted an article regarding the Boston real estate market after  the tax credit expired in April. Sellers slashed their prices after the  credit expired, and many pending sales even fell through as buyers  expected the price crash and decided to wait. However, I [...]]]></description>
			<content:encoded><![CDATA[<p>(<a href="http://caps.fool.com/">THE MOTLEY FOOL</a>) - A couple days ago I <a href="http://caps.fool.com/Blogs/hello-i-will-try-to-blog-now/416948" target="_self">posted</a> an <a href="http://bit.ly/aeP1d7" target="_self">article</a> regarding the Boston real estate market after  the tax credit expired in April. Sellers slashed their prices after the  credit expired, and many pending sales even fell through as buyers  expected the price crash and decided to wait. However, I also noted that  spot checking showed mixed data in other areas and it was difficult to  say whether this was localized or not. I got curious and went to Trulia,  the article&#8217;s source, and used their market trends information for each  of the <a href="http://www.infoplease.com/ipa/A0763098.html" target="_self">50 largest states in the US</a>, which I believe should  offer a decent cross section of US real estate prices and let us see  what&#8217;s really going on country-wide. The results were somewhat  surprising and counter intuitive.</p>
<p>My initial assumption was that  prices would go down after the credit expired, or if they remained flat,  the number of sales would at least be down. One could look to other  successful incentive programs such as Cash For Clunkers or Cash For  Appliances, but those programs are not comparable. Those programs give  the purchasers a rebate of some form for trading in their current car,  appliance, whatever, and purchasing a brand new retail product. As far  as I&#8217;m aware, the consumer and seller are certainly free to negotiate  the price, but I doubt, for example, that my local Honda dealer gave any  serious thought to raising the price on all their new cars by  $3,500-$4,500 &#8212; the idea being that the buyer would get that amount in  their rebate, the rebate and price increase would cancel out, and the  rebate would be effectively transferred to the dealer and not the buyer.  So in these programs, the buyers at least benefited, and whether the  dealers saw increased, or just cannabalized (from future months), sales  is debatable.</p>
<p>My assumption was that the home-buying incentives  would not work similarly, that home prices would fall after the credit  expired because home-sellers, realizing their buyers would have an extra  $8,000 to throw around due to the tax credit, would thus raise their  asking prices by $8,000 in an attempt to transfer the incentive to  themselves, and then lower the prices again once the incentive is gone.  If prices remained stable, I expected to at least see fewer sales, as  prices would be effectively raised, lowering demand.<br />
<a href="http://caps.fool.com/Blogs/real-estate-prices-post-tax/418274"><br />
Read full story</a></p>
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		<title>BuyMyplace Saves Vendors Around $1.4 Million in Fees and Commissions</title>
		<link>http://www.realtynewsnow.com/buymyplace-saves-vendors-around-14-million-in-fees-and-commissions</link>
		<comments>http://www.realtynewsnow.com/buymyplace-saves-vendors-around-14-million-in-fees-and-commissions#comments</comments>
		<pubDate>Sun, 11 Jul 2010 14:09:42 +0000</pubDate>
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		<category><![CDATA[Market News]]></category>

		<guid isPermaLink="false">http://www.realtynewsnow.com/buymyplace-saves-vendors-around-14-million-in-fees-and-commissions</guid>
		<description><![CDATA[The do-it-yourself online alternative to real estate, BuyMyPlace is pleased to announce that the Company has saved their vendors around $1.4 Million in fees and commissions since December 2009, resulting from $44,866,500 worth of properties sold through BuyMyPlace during this time.
(PRWEB) July 10, 2010
The do-it-yourself online alternative to real estate, BuyMyPlace is pleased to announce [...]]]></description>
			<content:encoded><![CDATA[<p><em>The do-it-yourself online alternative to real estate, BuyMyPlace is pleased to announce that the Company has saved their vendors around $1.4 Million in fees and commissions since December 2009, resulting from $44,866,500 worth of properties sold through BuyMyPlace during this time.</em></p>
<p>(PRWEB) July 10, 2010</p>
<p>The do-it-yourself online alternative to real estate, BuyMyPlace is pleased to announce that the Company has saved their vendors around $1.4 Million in fees and commissions since December 2009, resulting from $44,866,500 worth of properties sold through BuyMyPlace during this time. This outstanding result highlights the viability of buying and selling property, online through a ‘for private sale’ Company, such as BuyMyPlace.</p>
<p>The analysis also revealed that 56 per cent of properties sold for MORE than what the agent quoted their property to be valued at, with 45 per cent of customers selling their property for the same or more than their asking price and 17 per cent of properties selling for MORE than their advertised price. On average, people who sold their property for more, received an extra $25,000 or 5 per cent of sale price. On average, it took a BuyMyPlace customer 41 days to sell their property and only 6.9 hours were spent selling their property through BuyMyPlace. BuyMyPlace believes that these results demonstrate the exciting momentum that private sale real estate is currently experiencing in Australia.</p>
<p>In Australia, Real Estate agents have long been the primary resource for buying and selling property. BuyMyPlace was originally established because the founders believed that there was a much better way to deal with Real Estate in Australia. BuyMyPlace aims to revolutionise the way people buy property, empowering vendors to be in a stronger position when managing their most important investment- their home. BuyMyPlace provides buyers and sellers with all the tools and technologies that real-estate agents typically use, but allow the vendor to sell the property themselves, cutting out the real estate agent, advertising and marketing and other associated fees.</p>
<p>With independent research showing that 25 per cent of people would use an alternative method to sell their property if it was widely available, BuyMyPlace has the potential for significant growth within a market in need of an alternative. The directors of BuyMyPlace continue to develop methods of differentiation that will continue to make BuyMyPlace unique in the marketplace. In pursuing a proven business model that has worked in many other countries around the world, including Canada; where do-it-yourself sales account for more than 30 per cent of the market, and the US; where do-it-yourself sales account for around 25 per cent of the market, BuyMyPlace intends to revolutionise the way in which property is bought and sold in Australia.</p>
<p>According to Peter Butterss, BuyMyPlace Chief Executive Officer, “In Italy, Germany and Israel, up to 50 per cent of real estate sales are being conducted using a ‘for sale by owner’ website, like BuyMyPlace, for private real-estate transactions. BuyMyPlace intends to replicate that success in the Australian property market and these results indicate that we are making excellent progress.”</p>
<p>“There are very few national players in the real-estate agency market in Australia. Most of it is dominated by local players, with one or two offices and they are not looking globally or broadly at the whole market and how things are moving. Real-estate hasn’t consolidated yet. BuyMyPlace is ahead of its time in this respect.” “I believe in another 18 months to two years we will be a household name in Australia and four to five years from now people will wonder why they did it the old way. 90 per cent of people find property on the internet, our site has hundreds of thousands of hits per week and our packages are sold right across the large real-estate advertising portals, like REA and Domain.”</p>
<p>BuyMyPlace is listed on the Australian Small Scale Offerings Board (ASSOB) and is seeking up to $3 million to fund the continued expansion of the Company and provide working capital for 2010/2011. The offer is available only to sophisticated investors.</p>
<p>With strong results, a unique proposition and aspirations to become a part of the new philosophy for buying and selling property, BuyMyPlace looks set to become the bricks and mortar decision for those looking for a do-it-yourself online real estate alternative to buying or selling property.</p>
<p>For more information please visit the Company website, www.buymyplace.com.au or www.assob.com.au/bmp<br />
For further information please contact:<br />
Peter Butterss Rod North Chief Executive Officer Managing Director Buy My Home Limited Bourse Communications Pty Ltd T 1300 289 697 T (03) 9510 8309 M 0408 670 706 E rod(at)boursecommunications(dot)com(dot)au</p>
<p>ABOUT BUY MY PLACE – JOIN THE REVOLUTION SELL IT YOURSELF AND SAVE!<br />
BuyMyPlace is an online real estate advertising company and brand that represents the future of real estate in Australia. BuyMyPlace empowers you with the choice of selling your own home online without paying high agent commissions or expensive advertising costs.</p>
<p>The site (www.buymyplace.com.au) is a “do it yourself one-stop shop” which provides all the tools and services Real Estate Agents currently have at their disposal. The site provides the consumer a totally new experience which is easier, convenient, more effective and most importantly far more cost effective.<br />
The business was launched nationally in April 2009. Since then, BuyMyPlace has become the biggest and most recognised sell your own home company in Australia.</p>
<p>STATISTICS FROM RECENT DATA ANALYSIS<br />
Ï $44,866,500 worth of properties sold through buyMyplace<br />
Ï $1,399,094 worth of commission savings for customers Ï Average Days to sell a property through buyMyplace: 41 days Ï Average time spent selling their property through buyMyplace: 6.9 hours<br />
Ï 80% of properties sold for the same or more than what a real estate agent valued the property<br />
20% of properties received LESS than what a real estate agent valued their property at.<br />
23% of properties sold for the SAME as what an agent quoted the property at.<br />
56% of properties sold for MORE than what the agent quoted their property to be valued</p>
<p>Ï 45% of customers sold their property for the same or more than their asking price<br />
17% of properties sold for MORE than their advertised price<br />
28% of properties sold for exactly their advertised price<br />
55% of properties sold for LESS than their advertised price<br />
On Average people who sold their property for more received an extra $25,000 (5% of sale price)</p>
<p># # #</p>
<p>For the original version on PRWeb visit: <a href="http://www.prweb.com/releases/prwebsell-your/own-home/prweb4240894.htm">http://www.prweb.com/releases/prwebsell-your/own-home/prweb4240894.htm</a></p>
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