Throughout history, from pre-language communications to the new social media, connection has been the catalyst for cultural evolution. Connection is about sharing ideas, but in 2011, when advertisers entice us to “like” them on FaceBook, and marketers measure their effectiveness by how many Twitter followers they can acquire, the quality of the connection has been eroded.
Archives for February 2011
VirtualTourCafe launched last year and has a client list that includes Coldwell Banker, RE/MAX, Prudential, Keller Williams, ERA, Century 21, and Weichert. According to CEO Tim Denbo, other virtual tour services were either too expensive, too complex, or simply not using modern, competitive technology.
Realty Trac, a website that serves as an open online marketplace for foreclosure purchases, announced its fourth quarter foreclosure sales report for 2010, revealing that the number of foreclosures actually decreased in 2010 but still accounted for 26 percent of all residential sales. In 2009, the percentage was 29.
New U.S. home sales fell more than expected in January, a report by the Commerce Department showed on Thursday. January saw only 188,000 new homes available for sale, the lowest number since December 1967.
Emerson Group just announced a re-brand of its company name, website, and also revealed three new divisions of the rapidly expanding company. One of North Carolina’s fastest growing commercial real estate companies just got bigger.
Barwa Real Estate says that profits soared after an acquisition spree in 2010. Qatar’s biggest publicly traded developer by assets, posted some impressive numbers, and in a filing to the Qatar exchange yesterday its full-year net profit rose to 1.4 billion rials.
Stewart Lender Services, in conjunction with Spectrum Field Services, announced the availability of a new qualification package for investors that provides them with a comprehensive analysis of loss recovery for REO assets.
Indianapolis real estate investment trust, Kite Realty Group, reports expanding its retail holdings with the purchase of a Wilmington, NC shopping center. Kite already owned a big stake in The Center in Carmel, and has now furthered its share.