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07/25/2006 Countrywide boosts profits despite falling loan volume
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Countrywide Financial Corp. managed to boost profits by 27 percent in the second quarter of 2006 despite rising interest rates and a 3 percent decline in loan volume, the company announced today.
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07/25/2006 Florida home sales drop 29%
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Existing-home sales in Florida fell 29 percent in June from the year-ago level, as overall home-price growth slowed to a more normal level, according to an industry report released today.
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07/25/2006 'Click-to-talk' technology catches on
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In a move that could help improve real estate agents' lagged response times to online consumer inquiries, electronic forms provider ZipForm has partnered with realPING, which offers immediate interaction between agents and consumers surfing the Web.
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07/25/2006 Existing-home sales slide in June
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The rate of existing-home sales -- including single-family, town homes, condominiums and co-ops -- fell for the third straight month and dropped 8.9 percent in June compared to June 2005, the National Association of Realtors reported today.
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07/25/2006 RealtyBaron offers real estate rebate auctions
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As the real estate market transitions from a seller's market to a buyer's market in many areas of the country, an online site is offering agents a chance to bid for home buyers' business.
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07/25/2006 Consumers not bullish on economy
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Although the Conference Board today reported that its Consumer Confidence Index for July inched higher for the second consecutive month, sentiment about current and future economic conditions remains quite mixed.
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07/25/2006 Overnight real estate rates varied
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Long-term mortgage interest rates were mixed Monday, and the benchmark 10-year Treasury bond yield held at 5.04 percent.
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07/25/2006 RealEstate.com operates brokerages in four states
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RealEstate.com, an online real estate portal that launched brick-and-mortar brokerage operations earlier this year, now has operations in Colorado, Oregon, Utah and Washington.
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07/25/2006 Zillow lands $25 million from investors
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Online home-valuation provider Zillow has received another $25 million in investor financing, making the company's total amount of capital raised $57 million to date, the company announced today.
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07/24/2006 Consumer group criticizes real estate regulators' industry roots
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State real estate regulatory commissions are largely composed of members who are active real estate professionals, which represents a "blatant conflict of interest," according to a report by a national consumer group.
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