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Daily Real Estate NewsA daily compilation of top real estate headlines from around the country.CB Richard Ellis Joins Fortune 500 With $6 billion in annual revenue, the commercial real estate giant is 404 on list of largest U.S. companies. FDIC Sees Mortgage Holder Help Federal loans would give up to 1 million borrowers a chance to restructure troubled mortgages, FDIC head Bair says. Fed Cuts Rates One-Quarter Point Future cuts aren't totally off the table, although they're unlikely, analyst says. Mortgage Insurers: Defaults Drop For first time in four months, defaults drop below 60,000 borrowers. Open Houses Seen as Key Today In a slow market, the selling device provides a variety of functions that can help boost business. The First $2-billion Home is Coming Twenty-seven floors for one household to live above the Mumbai skyline. Best Cities for Recent College Grads Philadelphia tops the list for places to jump-start your life, based on average rents, job availability, and concentration of young adults. Build a Referral-Based Clientele Networking should focus on earning recommendations from contacts, rather than merely acquiring lead names, trainer says. Fannie Mae CEO Foresees Housing Gains Daniel Mudd says he expects "some recovery and growth" in the real estate sector, but not until 2010. Mortgage Applications Fall For the second straight week, new loan volume and refinancing activity declined, while interest rates dipped slightly. Reduce Your Business Clutter Some spring cleaning for your marketing and technology tools should help improve your performance. Tips for Keeping Sellers Sane Keeping a home in mint condition while living in it is tough, but being prepared to deal with the disruptions is essential. |