The International MLS [IMLS] Feature Story

The International MLS [IMLS] Forges Ahead Expansion of USA Preferred Partner Program In Florida

Tweet Coldwell Banker Dolphin Realty becomes a USA Preferred Partner Selected By The IMLS For Brokers Who Wish to Provide Global Exposure of Their Client’s Home Listings Los Angeles, CA – March More »

The International MLS [IMLS] Feature Story

The International MLS [IMLS] Welcomes Prudential Gammons of Rhode Island as New Preferred Partner

Tweet Prudential Gammons Realty becomes a USA Preferred Partner Selected By The IMLS For Brokers Who Wish to Provide Global Exposure of Their Client’s Home Listings Los Angeles, CA – January 24, More »

The International MLS [IMLS] Feature Story

Hammond Residential of Massachusetts is Home to New Preferred Partner of The International MLS [IMLS]

Tweet Hammond Residential Real Estate Becomes a USA Preferred Partner Selected By The IMLS For Brokers Who Wish to Provide Global Exposure of Their Clients’ Property Listings Los Angeles, CA – January More »

US Home Prices Post First 12 Month Gain in Two Years

US Home Prices Post First 12 Month Gain in Two Years

Tweet U.S. home prices rose in June 2012 from the same month last year (2011), as this is the first “year-over-year” increase since the Summer of 2010. The increase is the latest More »

Home Vacancies Fall in Cities Hardest-Hit by Foreclosures

Home Vacancies Fall in Cities Hardest-Hit by Foreclosures

Tweet by John Gittelsohn and Prashant Gopal, Bloomberg, Aug 2, 2012 The home-vacancy rate is falling in U.S. cities such as Las Vegas and Phoenix that were hit hardest by the housing More »

The International MLS [IMLS] Forges Ahead Expansion of USA Preferred Partner Program In Florida

The International MLS [IMLS] Feature Story
Coldwell Banker Dolphin Realty becomes a USA Preferred Partner Selected By The IMLS For Brokers Who Wish to Provide Global Exposure of Their Client’s Home Listings
Los Angeles, CA – March 14, 2013: The International MLS [IMLS] has announced today the inclusion of Coldwell Banker Dolphin Realty in the area of Hillsborough, Florida as a Preferred Partner in the United States Real Estate Marketplace.”We are excited to have Coldwell Banker Dolphin Realty as the new Preferred Partner covering the Hillsborough, Florida area,” says Dr. Daniel Nussbaum, CEO/Founder of The International Realty, Inc. He continues by saying, “This now gives The IMLS representation in 7 states and Washington DC. I know that Coldwell Banker Dolphin Realty is always looking to do their very best for their clients, and Coldwell Banker Dolphin Realty can now promote their listings globally as well as grow their business in Hillsborough County, Florida. We could not be more delighted about this than we are right now.”The IMLS Preferred Partner Program provides an exclusive opportunity for a broker or top agent team to leverage The IMLS brand, intellectual property, and worldwide exposure to add more agents to their team as well as for all of their agents to add more listings by using The IMLS brand and platform in marketing to home sellers who wish to have global exposure of their homes in the hopes of receiving the best possible price for the sale of their property.

Each Preferred Partner in their county or area will have this opportunity with The International MLS [IMLS] going forward to use The International MLS [IMLS] logo and marketing materials, and can have all of their listings on The IMLS platform at no cost.

The International MLS [IMLS], after bringing on more than 200,000 international listings from signed commission and promotion agreements all over the world, and recently delivering these international properties to the new Realtor.com international area, is now entering the USA market with a selected broker in each market in the country who wish to take advantage of The IMLS platform to grow their own local business.

Home sellers in the USA can now expect their homes to be marketed globally through a referred IMLS Preferred Partner and have their listings exported to several popular international real estate sites in similar fashion, in addition to the free IMLS search which is being delivered across the USA and around the world.

“Coldwell Banker Dolphin Realty is excited to be part of the IMLS network. Being connected through an international database significantly enhances our capability to serve our customers by allowing us to connect buyers and sellers from around the world,” says Diane Allers, Broker of Coldwell Banker Dolphin Realty.

About The International MLS [IMLS]
The International MLS is part of The International Realty, Inc. a privately held real estate company based in Los Angeles, California, USA that has around 200,000 property listings in 45 countries and more than 300 new home developments in 25 countries making it one of the more complete databases of property listings in the world. Property listings are imported via electronic XML data feeds from TOP selected global agencies, and from USA agents who may either send their data feeds or post their listings manually. The International MLS [IMLS] is the first Commission Share International MLS that delivers a no-cost proprietary IMLS search around the world, providing the ability for properties to be listed on hundreds of thousands of websites, The IMLS empowers all agents and brokers to display international property listings knowing that commissions can be made on any sale which is generated by their IMLS search through referral agreements signed between The International Realty Inc. and agencies around the world. Information on The International Realty, Inc. and all its services are available at TheInternationalMLS.com and TheInternationalRealty.com.

About Coldwell Banker Dolphin Realty
Dolphin Realty is an affiliate of Coldwell Banker, the premier residential Real Estate organization in the world. Coldwell Banker has been in business for over 100 years and is known for its commitment to innovation and technology. The company has its own YouTube channel which can be found at www.youtube.com/coldwellbanker.

Dolphin Realty is a privately owned real estate brokerage firm located in Apollo Beach, Florida. The company specializes in matching homes and properties that are custom selected for each buyer. Dolphin Realty whether they are looking for a home, vacation place or investment opportunity.

Dolphin Realty gives sellers the attention they deserve so that they can move on quickly to their next place.

Apollo Beach is a wonderful waterfront community with year round boating, fishing and other water activities. It is located on the east shore of Tampa Bay. Or boaters the Gulf of Mexico is accessible by deep water canals and the bay just a short boat ride to the west. Tampa International Airport, Gulf beaches, Busch Gardens Tampa Bay can all be reached in 35 minutes or less. Disney World lies just 65 minutes to the east. You can learn more about our company and area by visiting www.dolphinrealty.net or www.ColdwellBanker.com search Apollo Beach. Dolphin Realty is not just about properties but about the people.

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The International MLS [IMLS] Welcomes Prudential Gammons of Rhode Island as New Preferred Partner

The International MLS [IMLS] Feature Story

Prudential Gammons Realty becomes a USA Preferred Partner Selected By The IMLS For Brokers Who Wish to Provide Global Exposure of Their Client’s Home Listings

Los Angeles, CA – January 24, 2013: The International MLS [IMLS] has announced today the inclusion of Prudential Gammons Realty in the state of Rhode Island as a Preferred Partner in the United States Real Estate Marketplace.œWe are excited to have Allen Gammons and Prudential Gammons Realty as the new Preferred Partner covering the entire state of Rhode Island, says Dr. Daniel Nussbaum, CEO/Founder of The International Realty, Inc. He continues by saying, œI know that Prudential Gammons Realty is always looking to do their very best for their clients, and Prudential Gammons Realty can now promote their listings globally as well as grow their business throughout the state of Rhode Island. We could not be more delighted about this than we are right now.The IMLS Preferred Partner Program provides an exclusive opportunity for a broker or top agent team to leverage The IMLS brand, intellectual property, and worldwide exposure to add more agents to their team as well as for all of their agents to use in marketing to home sellers who wish to have global exposure of their homes in the hopes of receiving the best possible price for the sale of their property.

Each Preferred Partner in their county or area will have this opportunity with The International MLS [IMLS] going forward to use The International MLS [IMLS] logo and marketing materials, and can have all of their listings on The IMLS platform at no cost.

The International MLS [IMLS], after bringing on more than 200,000 international listings from signed commission and promotion agreements all over the world, and recently delivering these international properties to the new Realtor.com international area, is now entering the USA market with a selected broker in each market in the country who wish to take advantage of The IMLS platform to grow their own local business.

Home sellers in the USA can now expect their homes to be marketed globally through a referred IMLS Preferred Partner and have their listings exported to several popular international real estate sites in similar fashion, in addition to the free IMLS search which is being delivered across the USA and around the world.

Allen Gammons, Broker/Owner of Prudential Gammons Realty, said “Our investment in this exclusive relationship with the IMLS demonstrates our commitment to delivering our clients the most effective marketing channels available in todays new high-tech world”.

In addition, Roxanne Tafuri, President of Prudential Gammons Realty said, “International marketing is becoming critical component to our business Model. We are unique in Rhode Island and this new platform is delivering a new engaging and focused platform that is measurable both by the Sellers and Buyers”.

About The International MLS [IMLS]
The International MLS is part of The International Realty, Inc. a privately held real estate company based in Los Angeles, California, USA that has around 200,000 property listings in 45 countries and more than 300 new home developments in 25 countries making it one of the more complete databases of property listings in the world. Property listings are imported via electronic XML data feeds from TOP selected global agencies, and from USA agents who may either send their data feeds or post their listings manually. The International MLS [IMLS] is the first Commission Share International MLS that delivers a no-cost proprietary IMLS search around the world, providing the ability for properties to be listed on hundreds of thousands of websites, The IMLS empowers all agents and brokers to display international property listings knowing that commissions can be made on any sale which is generated by their IMLS search through referral agreements signed between The International Realty Inc. and agencies around the world. Information on The International Realty, Inc. and all its services are available at TheInternationalMLS.com and TheInternationalRealty.com.

About Prudential Gammons Realty
Prudential Gammons Realty is one of the top Real Estate agencies in Rhode Island. Allen B. Gammons, Jr., broker and owner, has been named one of the top 100 agents in the country by the National Association of Realtors multiple times. Whether you are looking for a historic waterfront home, a modern condo, or a commercial property our diversity of offices and agents can help you reach your property goals. You can find more information about Prudential Gammons Realty at www.prudentialgammonsrealty.com.

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Hammond Residential of Massachusetts is Home to New Preferred Partner of The International MLS [IMLS]

The International MLS [IMLS] Feature Story
Hammond Residential Real Estate Becomes a USA Preferred Partner Selected By The IMLS For Brokers Who Wish to Provide Global Exposure of Their Clients’ Property Listings
Los Angeles, CA – January 24, 2013: The International MLS [IMLS] has announced today the selection of Hammond Residential Real Estate as the Preferred Partner in the United States real estate marketplace for the Greater Boston area.

œWe are excited to have Hammond Residential Real Estate as the new Preferred Partner covering the entire greater Boston area, said Dr. Daniel Nussbaum, CEO/Founder of The International Realty, Inc. He continued by saying, œAll of their property listings will be on The International MLS shortly, and this gives The IMLS representation in 7 states now. Hammond Residential Real Estate is one of the most prominent real estate firms in Eastern Massachusetts, and I think this new affiliation shows how Hammond is always looking to represent their seller clients in the best possible manner by marketing and promoting their listings globally. With 16 offices and approximately 400 agents, Hammond is perfectly positioned to leverage what The IMLS can bring to them. We are very happy about this and feel that this signifies the ability of The IMLS to partner with the other top tier agencies across the United States like Hammond Residential Real Estate.The IMLS Preferred Partner Program provides an exclusive opportunity for a firm to leverage The IMLS brand, intellectual property, and worldwide exposure to recruit more agents to their team as well as for all of their agents to add more listings by using The IMLS brand and platform in marketing to home sellers who wish to have global exposure of their homes in the hopes of receiving the best possible price for their property.Each Preferred Partner in their area will have this opportunity with The International MLS [IMLS] going forward to use The International MLS [IMLS] logo and marketing materials, and will have all of their listings on The IMLS platform at no cost.

The International MLS [IMLS], after bringing on more than 200,000 international listings from signed commission and promotion agreements all over the world, and recently delivering these international properties to the new Realtor.com international area, is now entering the U. S. market with a selected broker in each market in the country who wish to take advantage of The IMLS platform to grow their own local business.

Home sellers in the United States can now expect their homes to be marketed globally through a referred IMLS Preferred Partner and have their listings exported to several popular international real estate sites in similar fashion, in addition to the free IMLS search which is being delivered across the United States and around the world.

Saul B. Cohen, President and Founder of Hammond Residential said, œThe world-class hospitals, museums, and institutions of higher education in Greater Boston have made our area very attractive to highly mobile international executives, particularly those based in Europe. Our new affiliation with The International MLS will make detailed information about our seller clients’ luxury properties available to these potential buyers.

About The International MLS [IMLS]
The International MLS, created by The International Realty, Inc., is based in Los Angeles, California, USA and has more than 200,000 property listings in 45 countries and more than 300 new home developments in 25 countries, making it one of the more complete databases of property listings in the world created as a global commission share cooperative for real estate agents and brokers. The International MLS [IMLS] is the first Commission Share International MLS that delivers a no-cost proprietary IMLS search around the world, providing the ability for properties to be listed on hundreds of thousands of websites. The IMLS empowers all agents and brokers to display international property listings knowing that commissions can be made on any sale which is generated by their IMLS search through referral agreements signed between The International Realty Inc. and agencies around the world. Information on The International Realty, Inc. and all its services are available at TheInternationalMLS.com and TheInternationalRealty.com..

About Hammond Residential Real Estate
Established in 1991 by Saul B. Cohen and Joseph Hare, Hammond Residential is headquartered in Chestnut Hill, and has three Boston locations and thirteen suburban branch offices. The company reports over one billion dollars in sales volume annually, and is well-known as the publisher of the region’s finest magazines featuring local properties for sale. In 2011, Hammond ranked nationally as one of the top 100 real estate companies based on productivity per agent and overall sales volume. Hammond was also recognized in 2012 by The Boston Globe as a œtop place to work company. Hammond is an independently owned and operated franchise company within the Real Living Real Estate franchise network. To learn more, please visit www.HammondRE.com.

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US Home Prices Post First 12 Month Gain in Two Years

US Home Prices Post First 12 Month Gain in Two Years

U.S. home prices rose in June 2012 from the same month last year (2011), as this is the first “year-over-year” increase since the Summer of 2010. The increase is the latest evidence of a point in the housing market that is clearly showing signs of improvement.

The Standard & Poors / Case-Shiller Home Price index released August 28, 2012 showed a gain of 0.5% from June 2011.

The last time the “year-over-year” index increased was in September 2010, in which much of that 12-month period was used by the government to offer a home-buying tax credit. The report also showed that all 20 cities tracked by the Home Price index rose in June from May, the second consecutive time in which EVERY city posted gains month-over-month; and all but two cities posted stronger gains in June than May. The cities that recorded the largest one month gains were Detroit, Minneapolis, Chicago and Atlanta.

The Standard & Poors / Case-Shiller monthly index covers roughly half of U.S. homes. It measures prices compared with those in January 2000 and creates a three-month moving average. The increases, they say, partly reflect the impact of seasonal buying. The month-to-month prices is not adjusted for factors such as seasonal. However, a measure of national prices rose for the third straight month as home prices jumped nearly 7% in the 2nd quarter compared to the 1st quarter.

The housing market IS making a modest yet steady recovery in part because homes have become more affordable. Mortgage rates have fallen to near record lows, and housing prices are about 1/3 lower than at the well-known peak of the housing bubble in 2006. Those trends have helped lift sales of both new and previously occupied homes. Sales of previously occupied homes increased in July from June, as reported by the National Association of Realtors. Sales have jumped 10% in the past year. Builders are also growing more confident after seeing more traffic from potential buyers. Last month, builders applied for the largest number of building permits in nearly four years.

The housing market however has a long way to go to reach a complete recovery. Some economists have forecasted that sales of previously occupied homes will rise 8% this year to about 4.6M which is well below the 5.5M annual sales pace that is considered to be healthy. Sales have been held back by a low supply of homes on the market and tight credit standards. Many potential buyers are having trouble qualifying for loans or cannot afford larger down payments as being required by the banks. A Federal Reserve report release last month showed that the majority of banks have tightened their mortgage credit standards throughout the summer.

The positive effect of this entire 2nd quarter is that the housing market is steadily improving and is scheduled to contribute to the economic growth of 2012. Modest economic growth and available employment are also encouraging more Americans to purchase homes.

Home Vacancies Fall in Cities Hardest-Hit by Foreclosures

Home Vacancies Fall in Cities Hardest-Hit by Foreclosures

by John Gittelsohn and Prashant Gopal, Bloomberg, Aug 2, 2012

The home-vacancy rate is falling in U.S. cities such as Las Vegas and Phoenix that were hit hardest by the housing crisis, a sign the market is recovering, according to Trulia Inc.

San Jose, California, led declines among metropolitan areas, with a 24.1 percent drop in the number of empty homes and apartments this year through mid-July, according to Trulia, a real estate information company in San Francisco. It was followed by Las Vegas, Denver, the California areas of Bakersfield and Orange County, Seattle and Phoenix.

Falling vacancies, based on an analysis of homes where the U.S. Postal Service delivered no mail for at least 90 days, indicate a gain in the number of new occupants, caused by population growth and more household formation, Trulia Chief Economist Jed Kolko said. The shrinking inventory of available properties is pushing up rents and purchase prices, he said.

“Vacancy changes are strongly correlated with price changes,” Kolko said in a telephone interview. “The biggest vacancy declines are in markets where prices are rising.”

Home prices rose for a third consecutive month in May in the 20 U.S. cities tracked by the S&P/Case-Shiller index, according to a July 31 report. Prices rose 2.7 percent in Phoenix and 1.9 percent in Las Vegas from the previous month.

U.S. apartment rents rose the most in five years in the second quarter as shrinking vacancies allowed landlords to charge more, research firm Reis Inc. (REIS) said on July 5.

New Households

The U.S. vacancy rate fell to 3.4 percent as of mid-July from 3.6 percent a year earlier, as the total number of homes receiving mail increased by 970,000, according to Trulia. The additional households include about 760,000 new homes and 210,000 formerly vacant homes.

The Census Bureau reported last week that the U.S. home- vacancy rate fell to the lowest level since 2006 in the second quarter, while new households formed at an annualized rate of about 800,000.

Household formation fell to a 100,000 pace in the fourth quarter of 2008, after the U.S. financial crisis triggered by the bankruptcy of Lehman Brothers Holdings Inc. A normal rate is 1.2 million new households a year, which would spur demand for 1.6 million new residences, Stephen East, a homebuilding analyst with International Strategy & Investment Group LLC in Saint Charles, Missouri, said in a July 27 note.

Shadow Inventory

The shrinking vacancy rate indicates that the so-called shadow inventory, which includes homes facing foreclosure or repossessed by banks that aren’t listed for sale, is smaller than the biggest estimates and less of a threat to a real estate recovery, Kolko said. The shadow inventory was 5.95 million homes last month, down from a high of 8.79 million in early 2010, Morgan Stanley said in a July 26 report.

“Inventories are actually dropping partly because homes are filling up –- not just because people or banks are unable or unwilling to put homes on the market,” Kolko said. “In fact, vacancies are better than inventories as a measure of whether there’s a housing shortage or housing glut.”

The vacancy rate fell to 1 percent in the San Jose area, which includes Silicon Valley, where technology companies have been hiring and homebuilders face limited land supply and regulatory challenges that slow development, Kolko said. Job growth also helped reduce vacancies in Denver; Seattle; Raleigh, North Carolina; and Nashville, Tennessee, he said.

Las Vegas

In Las Vegas, where the vacancy rate was 5.8 percent, low rents and reduced purchase prices have enabled more people who doubled up with relatives to move into their own homes, Kolko said. Foreclosures in Nevada plunged in the past year after the state passed a law making it a crime to wrongfully seize a property from a delinquent borrower, allowing more homeowners to continue occupying their residences.

A diminished inventory of homes listed for sale helped boost Las Vegas housing starts by 62 percent in the second quarter from a year earlier, according to Greg Gross, director of the Nevada region for Metrostudy, a Houston-based firm that tracks new construction.

“It used to be that you’d see pictures of Las Vegas where there would be dozens of for-sale signs along neighborhood streets,” Gross said in a telephone interview. “Now, you don’t see that anywhere. Now my Realtor friends are saying that before they get a listing, the house is sold.”

Rust Belt

Detroit, which had the highest vacancy rate in the Trulia report, at 12.1 percent, has suffered from decades of declining employment and population, Kolko said. Other “rust belt cities” among the 10 areas with the highest vacancy rates include Gary, Indiana, and the Ohio cities of Dayton, Toledo and Cleveland.

In Florida, the past decade’s building boom is still responsible for the high vacancy rate in such cities as West Palm Beach, Fort Lauderdale and Melbourne, Kolko said.

While California has one of the highest foreclosure rates, vacancies have been limited, especially in coastal areas, because the state’s expensive land and development costs made it harder for builders to increase inventory.

“In San Jose and Orange County, vacancies are low, and getting lower,” Kolko said. “It’s very hard to find a home and that’s holding back sales and adding to the lack of affordability. The difficulty of building houses in Coastal California is big reason why they’re so expensive.”

Home Starts in U.S. Rise to Highest Level Since 2008: Economy

New home construction in Dublin, California.

By Michelle Jamrisko - Jul 18, 2012, Bloomberg

New U.S. home construction rose in June to the highest level in almost four years, indicating the residential real estate market is strengthening even as other parts of the economy cool.

Housing starts rose 6.9 percent to a 760,000 annual pace after a revised 711,000 rate in May that was faster than initially estimated, the Commerce Department reported today in Washington. The median forecast of 79 economists surveyed by Bloomberg News called for a 745,000 rate.

Record-low mortgage rates and cheaper properties are luring buyers, prompting builders such as Ryland Group Inc. (RYL) to boost construction. The gain underscores comments by Federal Reserve Chairman Ben S. Bernanke that the industry is on the mend, three years since the start of the expansion.

“Low borrowing costs certainly help at the margin, but the biggest thing is affordability in terms of the pricing,” said Stephen Stanley, chief economist at Pierpont Securities LLC in StamfordConnecticut, who correctly forecast June starts. Housing is “making a very modest contribution to growth. Unfortunately, it feels like everything around it is crumbling.”

The June pace was the fastest since October 2008, and estimates in the Bloomberg survey ranged from 710,000 to 800,000. Ground-breaking on new homes in May was revised from a previously reported 708,000.

Building permits fell in June, reflecting a drop in applications for apartment construction.

Stocks Rise

Stocks climbed as technology and industrial companies gained. The Standard & Poor’s 500 Index increased 0.5 percent to 1,369.9 at 11:12 a.m. in New York. The yield on the benchmark 10-year Treasury note fell to 1.48 percent from 1.51 percent late yesterday.

Elsewhere, the Bank of England has joined counterparts around the world in expanding measures to support growth as the threat from the euro-area turmoil increases.

The Monetary Policy Committee said while the arguments for and against cutting the benchmark rate from the current record low of 0.5 percent hadn’t changed since June, they may be reviewed in the coming months, according to the minutes of its July 4-5 meeting. The MPC voted 7-2 to increase quantitative easing by 50 billion pounds ($78 billion) to 375 billion pounds at the meeting.

Bernanke, in his semi-annual testimony to Congress on monetary policy, said the U.S. also has tools at its disposal in case the economic recovery fails to stoke job gains. He said yesterday that housing is improving.

Fed’s Bernanke

Growth in construction and “historically low mortgage rates” are among “modest signs” of a housing recovery, even as buyers show concern about personal finances and the broader economy and have difficulty meeting lending standards, Bernanke told the Senate Banking Committee.

Residential investment added 0.42 percentage point to economic growth in the first three months of the year, the most since the second quarter of 2010, according to Commerce Department figures.

Figures earlier this week showed retail sales dropped in June for a third month, a sign slower job creation is taking a toll on the biggest part of the economy.

Construction of single-family houses increased 4.7 percent to a 539,000 rate, the fastest since April 2010, from 515,000 a month earlier, today’s figures showed. Work on apartment buildings and other multifamily units climbed 12.8 percent to an annual rate of 221,000 in June from 196,000 a month earlier.

By Region

Two of four regions had an increase in overall starts in June, including a 36.9 percent jump in the West to a 219,000 annual rate, the fastest since April 2008. Starts climbed 22.2 percent in the Northeast.

“We are seeing different improvements in different parts of the country, but we’re seeing improvement everywhere,” Larry Nicholson, president and chief executive officer at West Lake Village, California-based builder Ryland Group, said on a June 13 conference call. “So that’s the key there.”

A report yesterday showed confidence among U.S. homebuilders climbed in July by the most since September 2002. An index of builder sentiment from the National Association of Home Builders/Wells Fargo increased by 6 points in July to 35.

One reason for optimism is falling interest rates have helped make homes more affordable. The average 30-year, fixed mortgage rate declined to 3.56 percent last week, the lowest in data going back to 1972, according to McLean, Virginia-based Freddie Mac.

‘Steady Recovery’

“Evidence from the field suggests that the ‘for sale’ housing market has, in fact, bottomed and that we have commenced a slow and steady recovery process,” Stuart Miller, chief executive officer at Lennar Corp. (LEN), the third-largest U.S. homebuilder by revenue, said in a June 27 statement.

Home prices are stabilizing and starting to increase. The S&P/Case-Shiller index of property values adjusted for seasonal variations rose 0.7 percent in April, the third straight gain. Stronger home sales will bolster producers of building materials.

At the same time, limited employment opportunities and competition from distressed properties are challenges for a housing market that’s struggled to gain momentum.

The International MLS [IMLS] Forms Esteemed Advisory Board

The International MLS [IMLS] Feature Story

The International MLS [IMLS] Announces Rei L. Mesa, Lawrence Vecchio and Valerie Fitzgerald as First Advisory Board Members

Los Angeles, CA, July 17, 2012: The International MLS [IMLS] has announced today the formation its first Advisory Board, comprised of well known leaders in the Real Estate Marketplace.

The International MLS’ Advisory Board is chaired by Dr. Daniel Nussbaum, CEO of The International Realty Inc., and founder of The International MLS based out of Los Angeles, California.  Daniel, a licensed real estate broker and former dentist, embarked upon the mission of bringing the real estate world and consumers closer together by creating The International MLS [IMLS].

Daniel’s initial thoughts for developing The IMLS were to try and create the perfect blend of the traditional tried and true referral business model between brokers with the more interactive online technology. Today, The IMLS has created the process to empower real estate brokers from all over the world to come together and share their property listings and commissions via the first IMLS globally delivered search. The IMLS search can be placed on any website and generate income for agents and brokers through its automated closed channel lead generation system by simply having a website customer register through their search and purchase a property somewhere in the world outside of their normal market.

“The IMLS has framed itself to be an initiative that is FOR Brokers, BY Brokers, as well as also being owned by Brokers through what will be a major global cooperative effort. I believe that we have assembled an outstanding initial group of advisors who have a long track record of leadership in the real estate industry, are located in each corner of the USA, and approach real estate and international real estate from various vantage points. I am personally honored to have their support and to be a part of this visionary group. Combining the experience and expertise of these team members is exciting and I am confident that we can continue to create and develop The IMLS to fundamentally impact and improve the state of our industry.” says CEO, Dr. Daniel Nussbaum.

The board’s first esteemed members include:

Rei L. Mesa, CEO/President of Prudential Florida Realty – Rei L. Mesa is a Certified Real Estate Broker (CRB) and a Certified Residential Specialist (CRS). He currently serves as a National Association of Realtors® (NAR) Director and serves on the Large Firms Relations Committee, NAR Major Investor Council, Public Policy Coordinating Committee, and Global Business and Alliance Committee.  In 2012, Rei serves as the NAR Liaison to the Large Firms Relations as well as on the Real Estate Services Advisory Board and on the REALTOR.com Advisory Board.

“I am honored to serve on the International Multiple Listings Services Advisory Board. We live and serve a global community and as REALTORS®, it is our responsibility to embrace tools, technology, and resources that allow us to provide an exceptional customer service experience for all consumers,” says Mr. Mesa.

Lawrence Vecchio, Broker/Owner of Better Homes Realty – With an expertise that speaks to many years in the business, and the foresight to recognize the role of the Internet, Larry Vecchio is the driving force behind BetterHomes.com. A natural outgrowth of his 22-office real estate brokerage, Better Homes and its counterpart “HomesInYourTown.com” are trailblazers in grassroots real estate marketing with more than 1200 domains nationwide. Better Homes is a product of Vecchio’s real estate experience, which is both broad and deep. A licensed mortgage banker, real estate broker and appraiser, Vecchio is familiar with all aspects of the home buying process. He is a frequent speaker at real estate conferences and a consultant on web-based real estate initiatives.

“I am pleased to join the Advisory Board for The IMLS. I feel that it is a very exciting time for the Dan and the Company. In addition, I believe the Company’s unique niche will become the online leader in this space,” says Mr. Vecchio.

Valerie Fitzgerald, Top Selling Broker with Coldwell Banker Previews International and Star of the HGTV show “Selling LA” – Valerie Fitzgerald is the President of The Valerie Fitzgerald Group, a Beverly Hills Coldwell Banker real estate firm. She has been ranked among Coldwell Banker’s Top 10 agents nationwide, and earned the attention of the Los Angeles Business Journal for highest sales volume in Los Angeles County for residential real estate. She’s also written a successful book, “Heart and Sold: How to Survive and Thrive in Real Estate,” and served as a mentor to new real estate agents across the country.

“I am pleased to have been selected as a member of the Advisory Board of The International MLS,” says Ms. Fitzgerald. “Dan Nussbaum has a firm vision bringing the international real estate community together and I am committed to assist The IMLS with my expertise as part of Coldwell Banker Previews International.”

The International MLS [IMLS] is the first Free-to-List Commission Share International MLS that delivers a no-cost proprietary IMLS search around the world. It is the only company that provides the ability for properties to be listed on hundreds of thousands of websites, empowering all agents and brokers around the world to share in commissions.

About The International MLS [IMLS]
The International MLS is part of The International Realty, Inc. a privately held real estate company based in Los Angeles, California, USA that has around 200,000 property listings in 50 countries and more than 300 new home developments in 25 countries making it one of the more complete databases of property listings in the world. Property listings are imported via electronic XML data feeds from TOP selected global agencies, and from USA agents who may post their listings manually. The IMLS empowers all agents and brokers to display international property listings knowing that commissions can be made on any sale which is generated by their IMLS search through referral agreements signed between The International Realty Inc. and agencies around the world. Information on The International Realty, Inc. and all its services are available at TheInternationalMLS.com and TheInternationalRealty.com.

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The Valerie Fitzgerald Group and The International MLS [IMLS] Establish Joint Marketing Venture

The International MLS [IMLS] and Internationally Known Los Angeles HGTV Personality Create Unique Marketing Alliance

Los Angeles, CA – April 30,2012: The International MLS [IMLS] has announced it has reached an exclusive licensing and marketing agreement with Valerie Fitzgerald, CEO of The Valerie Fitzgerald Group in Beverly Hills, CA.As a Preferred Partner, The Valerie Fitzgerald Group will have the ability to provide instant worldwide coverage for her client’s property listings on The IMLS platform including all of The IMLS’ searches distributed globally, on the company’s two websites, TheInternationalMLS.com and TheInternationalRealty.com, as well as being syndicated to the most popular international real estate portals.

The International MLS [IMLS] is the first Free-to-List Commission Share International MLS that delivers a no-cost proprietary IMLS search around the world. Recently, The IMLS signed a three-year agreement with Move Inc. to provide its international listings from agencies outside the United States onto the REALTOR.com platform.

“Listing our client’s properties on The International MLS, in addition to the local MLS, will give our clients’ homes increased global exposure, as well as an opportunity to maximize the sales price of their homes, says Fitzgerald. œThere is a very strong foreigner buyer interest in the Los Angeles area and The IMLS will bring residential sellers additional exposure in the global real estate market.

“Valerie Fitzgerald is one of the top producing brokers in the US and consumers will be well taken care of because of her reputation, integrity and strength in the real estate market,” says The International Realty, Inc. CEO, Dr. Daniel Nussbaum. “Our Preferred Providers are carefully selected from the best in their marketplace. The IMLS partnership will give Fitzgerald a strategic advantage when securing new residential listings, as today’s savvy home sellers want increased global exposure for their properties.”

“Demand from people from neighboring states, as well as from International buyers, may help drive customers to The Valerie Fitzgerald Group properties and we welcome them to service clients from all over the world. Fitzgerald will play a major role in our Los Angeles and Orange County efforts, and this is testimony to how she always looks for new marketing opportunities that bring great value and service to her clients,” says Nussbaum.

The Valerie Fitzgerald Group, along with all larger USA brokers can now send an automated electronic feed of their company’s listings to The IMLS that will be promoted on a worldwide scale on The IMLS search, as well as on other popular international real estate sites.

The IMLS is the only company that provides the ability for properties to be listed on hundreds of thousands of websites, empowering all agents and brokers around the world to share in commissions. Additionally, The IMLS provides the opportunity for smaller brokers to have their listings included on MLS/IDX providers and syndicators, as well as agents and brokers who can list their properties manually.

In addition, agents and brokers worldwide are adopting The IMLS search not only because it is FREE, but by several reasons including that it enhances the agent’s prestige and ability to showcase international properties on their own website to begin with. Agents and brokers can earn referral commissions simply for having a website customer who registers through their search and ends up purchasing a property somewhere in the world outside of their normal market.

About The International MLS [IMLS]
The International MLS is part of The International Realty, Inc. a privately held real estate company based in Los Angeles, California, USA that has around 150,000 property listings in 55 countries and more than 300 new home developments in 25 countries making it one of the more complete databases of property listings in the world. Property listings are imported via electronic XML data feeds from TOP selected global agencies, and from USA agents who may post their listings manually. The IMLS empowers all agents and brokers to display international property listings knowing that commissions can be made on any sale which is generated by their IMLS search through referral agreements signed between The International Realty Inc. and agencies around the world. Information on The International Realty, Inc. and all its services are available at TheInternationalMLS.com and TheInternationalRealty.com.

The Valerie Fitzgerald Group
With more than $1 billion in career sales, The Valerie Fitzgerald Group is a Beverly Hills and Los Angeles real estate company specializing in Beverly Hills homes for sale, Southern California unique properties and Westside Los Angeles neighborhoods. With more than 20 years as a Previews Director for Coldwell Banker Previews International, Fitzgerald has sold more than one billion dollars of California luxury real estate properties in areas such as Brentwood, Bel Air, Holmby Hills, Westwood, Miracle Mile and the Wilshire Corridor, Sunset Strip, Santa Monica, Pacific Palisades, Venice, Malibu and more. Fitzgerald currently stars on HGTV’s œSelling LA with her team and is also the author of the part biography-part real estate strategy book œHeart and Sold: How to Survive and Thrive in Real Estate, published by Simon and Schuster. Visit Valerie and her team at www.valeriefitzgerald.com.

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Chinese US investment levels rocket by 24% in 12 months

Chinese US investment levels rocket by 24% in 12 months

05 April 2012 11:16
Courtesy: Overseas Professional Property

92637 SanFranHouses 3560615 L Chinese US investment levels rocket by 24% in 12 monthsChinese overseas property investors flooding into US cities such as New York, Los Angeles and San Francisco have rocketed up their spend by 24% in 12 months.

According to the National Association of Realtors, Chinese overseas property buyers snapped up $7.4 billion of homes between March 2011 and March this year, a rise of 24% on the previous 12 months.

The Chinese are now the second-largest foreign buyers of homes in the U.S. according to Real Capital Analytics and they are moving into commercial property too. According to the consultancy, buyers from China and Hong Kong spent $1.71 billion on commercial property in the U.S in 2011, four times the amount they invested in 2008.

Around 60% of these investments are being made in pursuit of an EB5 business immigration visa says RCA, and many other buyers are seeking a home children studying in the US.

Chinese applicants accounted for 78% of all EB-5 applications in the States last year, massively up on their 35% share in 2011 according to new government data and analysts think this will grow as a result of legislation proposed last year designed to allow foreigners to get a three year resident visa should they invest $500,000 in U.S real estate, including $250,000 for a primary home.

Mainland Chinese accounted for one third of buyers at luxury California home development, The Heritage in Vista Del Verde in Yorba Linda, whilst realtor Stanley Lo of Green Banker real estate in the San Francisco Bay Area told OPP this week that one third of his clientele are from mainland China and are looking for homes priced $800,000 and up.

Zhuang Nuo, president of SouFun International, a Beijing real estate group, says that the US will remain a top destination for Chinese homebuyers abroad. “The US is always the Chinese people’s dream.”

The Valerie Fitzgerald Group Joins The International MLS Free-to-List Platform

Internationally Known Los Angeles HGTV Personality To Provide Her Property Listings to The IMLS

Los Angeles, CA – December 22, 2011: The International MLS [IMLS] has announced today that it has reached an agreement with The Valerie Fitzgerald Group to provide all of their exclusive property listings in the Beverly Hills and Los Angeles Westside on to The IMLS platform so that their home sellers will now have global exposure on all of the International MLS search widgets now being distributed globally as well as on the company’s two main websites, www.TheInternationalMLS.com and www.TheInternationalRealty.com.”We feel that by having our client’s properties on The International MLS, in addition to the local MLS and our traditional marketing, that this can only give their homes more global exposure and an opportunity to maximize the sales price for our clients. With the dollar being weak, we know that more foreigners are buying properties in the Los Angeles area than ever before and we want that additional exposure,” says Valerie Fitzgerald, CEO of The Valerie Fitzgerald Group. “We also see the opportunities of promoting The IMLS to help us attract property listings from the people who live in Los Angeles who wish to take advantage of this opportunity.”

“We know that Valerie Fitzgerald is one of the top producing brokers in the USA and know that consumers will be well taken care of because of her reputation, integrity and strength in the real estate market,” says The International Realty Inc. CEO Dr. Daniel Nussbaum. “We know that demand from people from neighboring states as well as from International buyers may help drive customers to the group’s properties and we welcome Valerie Fitzgerald and her group to service clients from all over the world. Valerie is our first broker to participate with The IMLS in the Los Angeles area, and this is testimony as to how Valerie is always looking to be on the cutting edge of newer marketing opportunities so that she can bring great value and service to her clients.”

The International MLS [IMLS] is relatively new to the real estate industry as the first true commission share International MLS, with its free IMLS search being delivered around the world. The Valerie Fitzgerald Group, along with all larger USA brokers can send an electronic data feed with all of their company’s listings to The IMLS on an automated basis for promotion on a worldwide scale to be on hundreds of thousands of websites. Additionally, The IMLS has now enabled smaller brokers to be able to provide their listings via MLS/IDX providers and syndicators, while agents may list their properties manually if they have broker approval.

The IMLS search is provided by the only company that provides the ability for property listings to be on hundreds of THOUSANDS of websites, empowering all agents and brokers around the world to share in commissions. Agents and brokers worldwide are now adopting the unbranded IMLS search not only because it is free and that they can earn referral commissions, but because it also enhances the agent’s prestige by the ability for them to show international properties on their own web site. Agents and brokers can earn referral commissions simply for having a website customer who registers through their search and ends up purchasing a property somewhere in the world outside of their normal market.

Homeowners who wish to have their own homes listed on The IMLS may use a participating agent or broker, or may contact The International MLS directly for a participating broker as their home must be listed on their local MLS first.

About The International MLS [IMLS]
The International MLS is part of The International Realty, Inc. a privately held real estate company based in Los Angeles, California, USA that has around 150,000 property listings in 55 countries and more than 300 new home developments in 25 countries making it one of the more complete databases of property listings in the world. Property listings are imported via electronic XML data feeds from TOP selected global agencies, and from USA agents who may post their listings manually. The IMLS empowers all agents and brokers to display international property listings knowing that commissions can be made on any sale which is generated by their IMLS search through referral agreements signed between The International Realty Inc. and agencies around the world. Information on The International Realty, Inc. and all its services are available at www.TheInternationalRealty.com and www.TheInternationalMLS.com.

The Valerie Fitzgerald Group
The Valerie Fitzgerald Group is a Beverly Hills and Los Angeles real estate company specializing in Southern California’s unique properties and Westside Los Angeles neighborhoods. With more than 20 years as a Previews Director for Coldwell Banker Previews International, Valerie Fitzgerald has sold numerous million dollar homes and luxury properties in areas such as Brentwood, Bel Air, Holmby Hills, Westwood, Santa Monica, Pacific Palisades, Venice, Malibu and more. Valerie and her team are also featured and star in “SELLING LA,” HGTV’s new series which features unique properties in Los Angeles.

Valerie Fitzgerald has been one of the top 10 agents for Coldwell Banker Previews International for many years with career sales in excess of $1 billion, but believes this business isn’t all about being “number one.” For her, it’s about providing real estate clients with the best possible service, support and information with complete confidentiality. Whether you’re a CEO, entrepreneur, executive, celebrity, or a first-time home-buyer in Los Angeles, The Valerie Fitzgerald Group earns your confidence by showing you the highest caliber of service and respect.

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