Industry News

Follow up is key to Internet success

Nov 24, 2009 | Kim Shindle

A large percentage of your business should be coming from the Internet or your business could be headed for trouble, said Mike Parker, a real estate consultant with Compass Internet Systems in California.

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Homebuyers have greater interest in home inspections

Nov 23, 2009 | Kim Shindle

About 90 to 95 percent of Pennsylvania homebuyers accompany the home inspector when purchasing a house, according to Kathleen Kuhn, president of HouseMaster, a home inspection company.

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Howard Hanna chair receives RISMedia National Homeownership Award

Nov 19, 2009 | Kim Shindle

Howard W. “Hoddy” Hanna III, who runs the fourth-largest full-service real estate company in the U.S., was awarded the honor for continuously demonstrating extraordinary contributions toward increasing homeownership and building better communities.

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PHFA offers Tax Credit Advance Loan — again

Nov 18, 2009 | Kim Shindle

The PA Housing Finance Agency announced that it has allocated another $5 million to fund the TCA program, following the federal government’s extension and expansion of the homebuyer’s tax credit, said Kate Newton, PHFA director of Homeownership Programs.

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Foreclosures continue to rise in Pennsylvania

Nov 18, 2009 | Kim Shindle

Time magazine reported on a shortage of attorneys to manage the avalanche of foreclosures across the country. Rising foreclosure rates continue to add inventory to the real estate market and high unemployment rates and Option-ARM mortgages ready to reset are expected to send foreclosure rates soaring.

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Designations give REALTORS® an edge

Nov 17, 2009 | Kim Shindle

According to a 2009 NAR Member Profile survey, the median income of REALTORS® without a designation was $28,400 and the median income of those with at least one designation was $55,700. REALTORS® who pursue professional designations have a distinct competitive edge as a result of their increased expertise and marketability.

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Learn the dos and don’ts of gas and oil rights

Nov 10, 2009 | Kim Shindle

REALTORS® shouldn’t underestimate the effect gas and oil rights have on real estate transactions, according to Jim Goldsmith, Esq. of Caldwell and Kearns in Harrisburg.

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Senate, House pass tax credit

Nov 5, 2009 | Meghan Tinkham, e-PRO

With only a few weeks left until the first-time homebuyer tax credit expires, the Senate voted yesterday to extend and expand it through April 2010. On Thursday, the House voted 403-12 in favor of the bill. It could go to President Obama’s desk for his signature as early as Friday.

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Staged homes sell more quickly

Nov 5, 2009 | Kim Shindle

Surveys show that staging pays off. A recent survey showed the average return on investment for people staging a home is 342 percent.

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