Real estate news

• Senators fight back against using Fannie, Freddie fees to cover federal spending

  17-03-2015 23:23
  
  A bipartisan group of Senators, led by two of Capitol Hill’s loudest voices on housing reform, is fighting back against a “budgetary gimmick” that allows the federal government to use funds raised from Fannie Mae and Freddie Mac’s guarantee fees to cover federal spending.
  
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• The future of Zillow and Trulia is here

  17-03-2015 22:46
  
  Anyone who was wondering what the future of Zillow and Trulia was going to look like needn’t wonder any longer. The future of the Zillow Group is here and it’s shared listing data between the sites.
  
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• JPMorgan to buy $45B in Ocwen MSRs

  17-03-2015 22:17
  
  At the end of last year, Ocwen CEO Ron Faris said the company planned to exit agency servicing entirely, and in March, the company revealed that it had one big MSR sale lined up. Now we know that JPMorgan Chase will buy $45 billion of Ocwen mortgage-servicing rights.
  
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• Redfin real estate brokerage expands to Ohio, establishing a presence in ... - cleveland.com

  17-03-2015 21:01
  
  cleveland.com
  Redfin real estate brokerage expands to Ohio, establishing a presence in ...
  cleveland.com
  Redfin, a full-service real estate brokerage with a serious tech bent, entered Ohio last week by adding Cleveland-area listings to its website. The company has hired local broker Joe Rath to oversee its Northeast Ohio operations and is putting together ...
  
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• All is not lost in housing starts free-fall, economists say

  17-03-2015 20:55
  
  The report that privately owned housing starts in February plummeted 17% sent ripples of alarm through the housing industry, and while it’s bad, many economists say it’s no reason to panic.
  
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• Vinik real estate team makes key hires for master planning phase of downtown ... - Tampa Bay Business Journal

  17-03-2015 19:58
  
  Tampa Bay Business Journal
  Vinik real estate team makes key hires for master planning phase of downtown ...
  Tampa Bay Business Journal
  Tampa Bay Lightning Owner Jeff Vinik's real estate team is moving into the master planning phase of its billion-dollar development in downtown Tampa. Strategic Property Partners, the holding company for Vinik's real estate endeavors, on Tuesday ...
  
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• 'Italy's Back?' Some Real-Estate Investors Skeptical - Wall Street Journal

  17-03-2015 19:33
  
  Wall Street Journal
  'Italy's Back?' Some Real-Estate Investors Skeptical
  Wall Street Journal
  A sign saying “Italy's Back” greeted attendees at a lunch last week sponsored by the Italian real-estate industry at the international property conference, known by its French acronym Mipim, in Cannes, France. As people sipped Italian wines and nibbled ...
  
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• CEO of CO real estate group pleads guilty embezzlement - 9NEWS.com

  17-03-2015 19:17
  
  CBS Local
  CEO of CO real estate group pleads guilty embezzlement
  9NEWS.com
  The Summit County DA says a woman has pleaded guilty to stealing over $400,000 from a real estate agents' association she had led. Loading… Post to Facebook. CEO of CO real estate group pleads guilty embezzlement The Summit County DA says a ...
  CEO Of Summit County Real Estate Group Pleads Guilty To TheftCBS Local
  
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• Auction.com: Investors still flip for flipping

  17-03-2015 19:16
  
  Despite rising rents, investors still prefer fixing and flipping houses as opposed to buying a house for the purpose of renting it out, according a new report from Auction.com. But results vary depending on whether the house was purchased at a live auction or an online auction.
  
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• iEmergent: 2015 mortgage originations to outpace last year

  17-03-2015 19:14
  
  Overall mortgage origination projections for 2015 are hard to estimate due to rates remaining surprisingly low into 2015. However, iEmergent released its 2015 predictions to help put numbers to its forecasts, and the numbers don't look too shabby.
  
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• Real Estate Deals of the Year: Best office deals and projects of 2014 - San Francisco Business Times (blog)

  17-03-2015 19:00
  
  Real Estate Deals of the Year: Best office deals and projects of 2014
  San Francisco Business Times (blog)
  Lane Partners purchased 1945 Broadway in Oakland's Uptown neighborhood for $24.3 million with plans to fully renovate the building into a magnet for tech companies fleeing San Francisco's skyrocketing rents. Once completed, Uptown Station will contain ...
  
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• Real Estate: What is a Comparative Market Analysis? CMA - seattlepi.com (blog)

  17-03-2015 18:48
  
  seattlepi.com (blog)
  Real Estate: What is a Comparative Market Analysis? CMA
  seattlepi.com (blog)
  Quick Definition: A survey of comparable homes recently sold or currently on the market used to help determine a fair market value for a seller's property. Search today's newest Seattle homes for sale ...
  
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• Real estate in London and Monaco is affecting Britain's market - Inman.com

  17-03-2015 18:11
  
  Real estate in London and Monaco is affecting Britain's market
  Inman.com
  There was a time in the not-so-distant past that the real estate property markets in Monaco and London were vastly different. Times change, and so does the real estate market. Today, the prime real estate markets in central London and Monaco look much ...
  
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• Here’s what Starbucks didn’t think through with #racetogether

  17-03-2015 18:00
  
  Starbucks wants its predominantly white, life-inexperienced hipster coffee makers to talk to customers about race. This isn’t going to go well for anyone except people with a twisted sense of humor. And we're going to love it.
  
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• Experian: More homeowners going back to paying their mortgage

  17-03-2015 17:51
  
  The first mortgage default rate dropped for the first time since July 2014 after months of steady increases. And as the largest component in the national index, it helped prevent a rise in the national numbers.
  
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• Real estate websites will soon be hosting 'virtual open houses' - Inman.com

  17-03-2015 17:41
  
  Real estate websites will soon be hosting 'virtual open houses'
  Inman.com
  Real estate brokers and agents reel in many of their online leads by offering features like home valuation and listing search tools on their websites, often gating such tools behind registration forms. Now there's another lead-capture feature in the ...
  
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• Eliminating the salesperson stigma in real estate - Inman.com

  17-03-2015 17:11
  
  Eliminating the salesperson stigma in real estate
  Inman.com
  Do you think of yourself as a salesperson or as a real estate consultant? Many real estate agents would say (or at least prefer to say) consultant. Why is that? There seems to be a stigma among us that prevents us from thinking of ourselves as ...
  
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• Pro.com teams up with national real estate association, hoping to attract new ... - GeekWire

  17-03-2015 16:03
  
  Pro.com teams up with national real estate association, hoping to attract new ...
  GeekWire
  pro.com home with list1 Pro.com, a Seattle startup focused on the home improvement space, is joining an eight-month long accelerator program, offered by The National Association of Realtors, in the hopes of getting people in the real estate business to ...
  
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• 5 Reasons Not to Use a Friend as Your Real Estate Agent - U.S. News & World Report

  17-03-2015 16:00
  
  U.S. News & World Report
  5 Reasons Not to Use a Friend as Your Real Estate Agent
  U.S. News & World Report
  If you choose a friend as your real estate agent, you might not have a friend anymore if things go wrong. By Susan Johnston March 17, 2015 | 10:55 a.m. EDT + More. As the spring house-hunting season approaches, many Americans will be buying or selling ...
  
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• Activist Pushing MGM Resorts to Spin Off Real Estate - Wall Street Journal

  17-03-2015 14:36
  
  Finance and Commerce
  Activist Pushing MGM Resorts to Spin Off Real Estate
  Wall Street Journal
  An activist investor is pushing MGM Resorts International to take a gamble on its real estate. Land and Buildings, a Connecticut-based activist fund that focuses on such transactions, wants the casino giant to tap into the improving Las Vegas economy ...
  Activist Urges MGM To Spin Off Real Estate - Quick FactsRTT News
  
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• CoreLogic: More than 1 million homeowners regained equity in 2014

  17-03-2015 13:00
  
  The number of homeowners achieving equity rose, and the number underwater, though still high, is falling like the price of West Texas crude. Here’s what’s happening.
  
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• Housing starts see biggest collapse since January 2007

  17-03-2015 12:43
  
  Privately-owned housing starts in February plummeted 17%, down to an annualized 897,000 from the revised January estimate of 1,081,000, with drops in the Northeast, Midwest and West leading the drop. Are you worried yet?
  
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• The Chinese government thinks it has found the answer to the country's ... - Business Insider

  17-03-2015 11:44
  
  Business Insider
  The Chinese government thinks it has found the answer to the country's ...
  Business Insider
  The Chinese authorities have hit on an idea to turn around a troublesome oversupply of property that has been dragging down prices: buy them up and convert them into social housing. The plan comes on the back of worrying signs for a key sector for ...
  
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• Real estate groups aim to flush sewer-cam bill - Crain's Chicago Business

  17-03-2015 11:41
  Crain's Chicago Business
  Real estate groups aim to flush sewer-cam bill
  Crain's Chicago Business
  A bill in the Illinois House would require all home sellers to pay for a camera inspection of sewer lines. Critics say it's a cost burden for low- and medium-income homeowners. Photo by Thinkstock. Just as more Chicago-area homeowners are seeing their ...
  
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• Marketing automation with Marketo can mean big business for real estate firms - Inman.com

  17-03-2015 09:53
  
  Marketing automation with Marketo can mean big business for real estate firms
  Inman.com
  Have suggestions for products that you'd like to see reviewed by our real estate technology expert? Email Craig Rowe. Get a full week's worth of real estate tech reviews delivered straight to your inbox! The pitch. Real estate agents need to look ...
  
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• RealtyTrac: What was the average downpayment in 2014?

  17-03-2015 05:01
  
  The more expensive the home, the greater percentage of down payment. And millennials actually put down more than the national average after the Great Recession. Here’s how it breaks out.
  
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• Happy St. Patrick's Day: Boston’s top 7 suburbs

  17-03-2015 05:01
  
  It's St. Patrick's Day, so it's time to identify the neighborhoods in Boston with the best home value appreciation. So, drink up (the knowledge)!
  
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• What's an Average Down Payment?

  17-03-2015 00:00
  Here's how much the typical buyer is bringing to the closing table.
  
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• The Trouble With Finding Younger Clients

  17-03-2015 00:00
  A slim majority of home buyers ages 25 to 34 say they’d rather find their next house online than work with a real estate broker, according...
  
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• Ariz. Agent Warns About Open House Attack

  17-03-2015 00:00
  A Phoenix area real estate agent is coming forward after she says she was sexually assaulted during an open house Sunday. She says other agents...
  
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• 89% of U.S. Homes Ended 2014 With Equity

  17-03-2015 00:00
  If home prices rise by 5 percent, an additional 1 million home owners currently in negative equity could come back into the black.
  
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