May 18, 2012
FROM INMAN NEWS:
- Proxio, the global marketing and networking platform operator translates real estate listings into 19 languages. These brokerages using Proxio gain access to a professional network of over 450,000 agents in 115 countries including members of over 40 national real estate associations on six continents.
- House Hunting Tip from Dian Hymer: The best time to sell is when consumer confidence is on the upswing; interest rates are low; unemployment is decreasing; the economic news is mild; and there are more buyers in your local market niche than sellers. A high demand, low inventory market gives sellers an edge…Regardless of the economic indicators, the best time to sell is when the time is right for you.
FROM BANKER & TRADESMAN:
- MA foreclosure activity spiked in March. Lenders filed 1621 petitions to foreclose in March 2012, a 54.7% increase from March 2011. 4348 petitions to foreclose have been filed in Massachusetts in the first quarter of 2012, a 71.5% increase from the first quarter of 2011.
FROM THE NATIONAL ASSOCIATION OF REALTORS:
- Nationwide, pending sales of existing homes in March were at their highest levels since April 2010. They were up 12.8% from March 2011 and up 4.1% from February. The Northeast was up 21.1% from March 2011, but had a slight month to month decline of .8%.