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VISIT US ONLINE @ DSNEWS.COM subsidiaries of FirstService Corporation, in late September. The inclusion of TenantAccess and PropertyAccess makes the newly combined entity the largest, residential single-family property management company in North America. FirstService Residential Realty serves as a single-source property and asset management solution for property owners, financial institutions, and the GSEs. "We are integrating the best practices manager of Hubzu. "However, to stay at the forefront of the market, our brand experience and scope of services needed to evolve. We listened to our customers and redesigned the user experience to make the entire real estate transaction process easier for homebuyers and sellers." from these companies to create a tier-one property management company focused on mitigating vacancies, leveraging op- erational efficiencies, and maximizing real estate investments for our clients," said Greg Tolander, CEO of FirstService Residential Realty. FirstService Residential Realty services more than 50,000 properties throughout the United States and has more than 250 employees. Altisource Launches Online Marketplace in West Palm Beach, Florida, recently announced the launch of Hubzu, a new online residential real estate marketplace. The company says the new site is designed to make the online homebuying and selling experience easier, more efficient, and more transparent. The entire process "from searching and Altisource Portfolio Solutions, located Counselor Site Acts as One-Stop Resource Center provides housing and credit counseling throughout Central Florida, launched a new website to function as a central hub for housing information and updates on housing regulations. The launch site can be found at TheCounselorsCorner.net. Site developer Cora Fulmore commented, The Mortgage & Credit Center, which "The constantly changing climate makes it difficult for people to stay updated on changes. This site consolidates the resources and options available and provides informa- tive podcasts on how to best serve home- owners. This is a needed service within the housing counseling industry. Now that it's available and free, there's no longer a reason for counselors to wonder about resources." According to the Mortgage & Credit Realtors and regional manager of Better Homes and Gardens Real Estate Florida 1st in Fort Lauderdale, says the new Residential Price Index is like no other resource available. "It's really the first of its kind in the na- Summer Greene, president of Florida tion," Greene said. "Florida Realtors is tak- ing the lead in providing this comprehensive index to our members to help homebuyers and sellers, and also to the public as valuable insight into home price trends throughout Florida." STAT INSIGHT -34% Annual decline in housing inventory in the Miami-Fort Lauderdale metro area as of September month-end. Source: Zillow bidding to financing and closing" is handled online, Altisource explained. Hubzu allows buyers to search for homes, bid to buy via auction or through a traditional offer process, or use its "Own It Now" feature to avoid competition and win an auction immediately. Users are then guided through the contract- ing and financing process in one centralized online location. Hubzu will offer foreclosure and REO listings as part of its service. The site will also cater to sellers and claims to offer faster, easier sales through increased marketing visibility and real-time bid/offer tracking. Hubzu's plans are to continue functionality enhance- ments further in 2012 and into early 2013. The new venture replaces GoHoming, Altisource's former online marketplace, and includes all real estate inventory that was on the previous website. "We've had a lot of success with Go- Homing, facilitating nearly 60,000 home sales to date," said Scott Wielar, general Center, the website is meant to be a one-stop resource center so counselors can rely on one site rather than search through multiple re- sources. Its features include industry updates and program changes, a resource center for funding opportunities, bi-monthly video podcasts, webinars, and certificates, as well as access to the agency's Consumer's Corner, which addresses consumers' needs. New Price Index from Florida Realtors Tracks Trends available by Florida Realtors offers a look at the state's housing market over a 17-year period, providing an understanding of home price trends using data from 1995 to August 2011. The data is derived from parcel data maintained by the Florida Department of Revenue. Dr. John Tuccillo, chief economist for A new Residential Price Index made Cinthia Ane Florida Realtors, explained that the index follows the consecutive sales of specific prop- erties and tracks price trends in the state's residential real estate market over time. "Specializing in the marketing and sales of luxury, equestrian/farm/land and REO Properties from Miami To Palm Beach" www.MyLuxuryHomeSouthFlorida.com www.REOHomeTeam.com (954) 218-3231 phone (954) 607-5818 fax cinthia@kw.com Keller Williams Luxury Properties Reo Home Team 83