National News

Agencies Issue Final Appraisal and Evaluation Guidelines

The federal financial regulatory agencies issued final supervisory guidance last week on sound practices by financial institutions for real estate appraisals and evaluations. Financial institutions use reliable appraisals and evaluations to determine the value of collateral for mortgages and

Trulia Identifies Top 3 Success Criteria for Hyper-Local Advertising in 2011

Trulia.com recently evaluated the best performing Trulia Local Ads of 2010 to identify the top criteria for creating hyper-local, hyper-relevant ads in 2011. The top three criteria for success include dynamic ads that feature relevant listings, compelling content that

Zillow Rolls Out Agent Reviews and Ratings Feature

By Tom Butala Zillow.com on Wednesday rolled out a new feature, allowing users across the country to review and rate local real estate agents. With 12.5 million visitors each month, Zillow hopes the insight of former clients can provide

National Association of Realtors Predicts Strong Rebound in Pending Home Sales

Pending home sales jumped in October, showing a positive uptrend since bottoming in June, according to the National Association of

Court Confirms Orleans Homebuilders, Inc.’s Plan of Reorganization

Orleans Homebuilders, Inc. (the “Company”, or “Orleans”) (Pink Sheets: OHBIQ.PK) and certain affiliated debtors today reported that the United States Bankruptcy Court for the District of Delaware has confirmed the company’s Modified Second Amended Joint Plan of Reorganization (the

Realtors Give Thanks to American Troops and Their Families This Holiday Season

As the holiday season approaches, the National Association of Realtors is giving thanks to American troops. NAR will provide care packages and housing assistance to support soldiers and their families here in the U.S. and abroad. Two national charities

S&P/Case-Shiller Analysis Reports Decrease in National Homes Prices

According to the latest S&P/Case-Shiller report released today, the U.S. National Home Price Index dropped to 135.8 in the third quarter of this year, down two percent from last quarter. After rising 4.7 percent in the second quarter of

S&P/Case-Shiller Home Price Index Shows Improvement in Most Markets

Data through May 2010, released today by Standard & Poor’s for its S&P/Case-Shiller Home Price Indices have found growth rates in 15 of 20 cities improved in May compared to those reported in April 2010. Also the 10- and

Obama Signs Homebuyers Assistance and Improvement Act of 2010, National Flood Insurance Program

By Tom Butala According to Chicagolandrealestateforum.com, President Obama on Friday morning signed the Homebuyers Assistance and Improvement Act of 2010 (HAIA), as well as an extension of the National Flood Insurance Program

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