News

  • EXIT Realty Changes Lives to the Tune of a Quarter Billion Dollars by

    When Steve Morris founded EXIT Realty Corp. International in 1996, he imagined a company where everyone in the corporation could get a piece of the action thereby creating a future for real estate agents that never existed in the industry before. Sixteen years, hundreds of offices and thousands of agents later, the company today announced that it has paid out to-date, more than a quarter billion dollars in single-level residuals to its associates across the continent.

  • New Home Sales Take a Breather, Prices Rise by

    (Reuters) -- Sales of new single-family homes fell more than expected in February after hefty gains the previous month, but steady gains in home prices suggested the housing market recovery remains intact.

  • U.S. Cracks Down on 'Forced' Insurance by

    (WSJ) A U.S. housing regulator is cracking down on a little-known practice that has hit millions of struggling borrowers with high-price homeowners' insurance policies arranged by banks that benefit from the costly coverage.

  • Investors Pile Into Housing, This Time as Landlords by

    (WSJ) -- Jeff Pintar had buyer's remorse as he purchased 12 foreclosed homes in five Southern California counties on a single day. His regret: that he didn't buy more homes a year earlier.

  • Is Diversification A Smart Strategy For Real Estate Investing? by

    Raise your hand or nod your head or I guess tap the space bar a few times if you get inundated with email on a daily basis with “investing advice” that is confusing and often the complete opposite of an email you received the day before. I was working on a project this past week and had to cull through old emails to complete it and realized that I get sometimes more than 400 emails a day! What made that realization worse...many were “advice” emails from someone who definitely thought they were smarter than me, but usually full of advice I would never follow. That feeling of being overwhelmed is how I feel sometimes when I hear advice on real estate diversification.

  • Fear Motivates First-Time Homebuyers by

    Worried about predictions of rising mortgage rates, additional increases in home prices and new costs for FHA borrowers, first-time homebuyers are kicking off the spring buying market in years, despite skimpy inventories and late winter weather across much of the nation.

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