Real estate news

• San Francisco real estate has gotten so crazy that this startup founder was ... - Business Insider

  31-03-2015 23:43
  
  Business Insider
  San Francisco real estate has gotten so crazy that this startup founder was ...
  Business Insider
  Joe Fernandez, cofounder of social influence startup Klout, was looking to sell his Noe Valley home before making the move to Los Angeles with his wife. The home, a three-bedroom Victorian house whose gutting and renovation had been featured in the ...and more »
  
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• Altisource Residential announces new management agreement with AAMC

  31-03-2015 23:23
  
  Altisource Residential and Altisource Asset Management Corporation have a complicated relationship and that complicated relationship isn't going anywhere, anytime soon, thanks to a modified asset management agreement, which the companies say will result in "substantial management fee savings."
  
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• JPMorgan’s Dimon to Sen. Warren: Hit me with a fine. We can afford it

  31-03-2015 22:30
  
  It’s probably safe to say that of all the elected officials that walk the halls on Capitol Hill, Sen. Elizabeth Warren isn’t Wall Street’s favorite, but a newly released excerpt from Warren’s book “A Fighting Chance,” shows just how tense her interactions with Wall Street’s bigwigs can be.
  
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• Did little-known Arizona law start the appraiser death clock?

  31-03-2015 22:01
  
  With the passage of the new state's budget, AMCs are emboldened to make a move towards pushing for more technology and fewer humans being involved in the appraisal process.
  
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• The next problem facing housing: Cyber security

  31-03-2015 22:00
  
  Officially the Mortgage Bankers Association is calling this year’s National Technology Conference “Connect”. Unofficially it could probably be renamed “Let’s Talk About TRID.”However, there is another topic that is looming in the background that is gaining precedence: cyber security.
  
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• Former FDIC chair unleashes sharp critique of Fannie, Freddie treatment

  31-03-2015 21:30
  
  The sweep of Freddie and Fannie profits to Treasury puts taxpayers at a great risk of having to bailout the GSEs if, as FHFA's OIG suggests, profitability goes south. The latest sounding the warning? The former head of the Federal Deposit Insurance Corp. Think he's right?
  
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• Hilarious Grandma Poses In Real Estate Staging Photos, Becomes Hot Property - Huffington Post

  31-03-2015 20:47
  
  Huffington Post
  Hilarious Grandma Poses In Real Estate Staging Photos, Becomes Hot Property
  Huffington Post
  No, she doesn't come with the house. Yolie Ball, an 86-year-old grandmother who's selling her home in Davenport, Florida, is now a hot property after posing in some adorable real estate photos. They went viral courtesy of a tweet from her granddaughter ...
  Grandma poses in real estate pics — and becomes a viral sensationToday.com
  Polk grandmother's hilarious real estate phot
  
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• Blackstone raises $14.5B for real estate fund - The Real Deal Magazine (blog)

  31-03-2015 20:16
  
  The Real Deal Magazine (blog)
  Blackstone raises $14.5B for real estate fund
  The Real Deal Magazine (blog)
  Blackstone Group raised $14.5 billion from institutions for a forthcoming real estate investment fund and plans to raise another $1.3 billion from individuals. Blackstone, the world's biggest alternative asset manager, has had enormous success with its ...
  Blackstone Group raises $15.8 billion for real estate fund: sourceReuters
  Blackstone Is Said to Raise $14.5 Billion for Real Estate
  
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• New forward-looking quarterly measure says housing is healthy

  31-03-2015 20:11
  
  You can’t tell the players without a program, and you can’t know where housing is going unless you have as many readings as possible. To that end, Nationwide is offering a new quarterly analysis for the toolkit that's sunny. Is it too sunny?
  
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• Real estate transfer tax paid for BJ's Wholesale Club property sale - Albany Business Review

  31-03-2015 19:10
  
  Albany Business Review
  Real estate transfer tax paid for BJ's Wholesale Club property sale
  Albany Business Review
  The exterior of a BJ's Wholesale Club. The sale of a property housing the retailer along Campbell Road in Rotterdam recently sold for $12 million. By comparison, Rotterdam Square Mall across the street sold last year for $8.5 million. Michael DeMasi ...and more »
  
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• Wintrust Bank to acquire North Bank

  31-03-2015 19:03
  
  The purchase price of $17 million is “subject to possible adjustment,” Wintrust said, and will be paid in cash in exchange for all outstanding shares of North Bank's common stock.
  
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• Reading International Prepares To Unlock Manhattan Real Estate Value (RDI) - Seeking Alpha (registration)

  31-03-2015 19:00
  
  Seeking Alpha (registration)
  Reading International Prepares To Unlock Manhattan Real Estate Value (RDI)
  Seeking Alpha (registration)
  RDI shares are trading at a material discount to their fair value of $20 - $22 per share. RDI's current share price overlooks the value of the company's two major NYC trophy real estate assets in Union Square and Midtown East. RDI's management has ...
  
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• Why Real Estate Could Have a Great Summer - Motley Fool

  31-03-2015 18:59
  Motley Fool
  Why Real Estate Could Have a Great Summer
  Motley Fool
  Summer is typically the busiest time of year for real estate. The weather is nice for house-hunting, and the kids are out of school, making it a convenient time to move. However, some summers are "hotter" than others. Here's why I think the summer of ...and more »
  
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• CFPB releases 'Know Before You Owe' shopping toolkit

  31-03-2015 18:51
  
  With the Consumer Financial Protection Bureau’s “Know Before You Owe” mortgage rule soon coming into implementation, the CFPB released a new toolkit to guide consumers through the process of shopping for a mortgage and buying a home.
  
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• Lone Wolf Real Estate secures massive private equity investment

  31-03-2015 18:25
  
  Vista Equity Partners announced it is investing in Lone Wolf Real Estate Technologies to help the company as it pursues new market opportunities and expands product development efforts. Right now, Lone Wolf serves nearly 10,000 real estate offices and 250,000 real estate professionals across the U.S. and Canada.
  
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• Prayer is a way of daily life for New York real estate agent - National Catholic Reporter (blog)

  31-03-2015 18:04
  National Catholic Reporter (blog)
  Prayer is a way of daily life for New York real estate agent
  National Catholic Reporter (blog)
  Sr. Camille: You have a great gift of bringing together a group of about 30 people of different ages and backgrounds to share in a liturgy and meal with some Jesuit priests. You keep tabs on the participants through a quiet, organizational style. How ...
  
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• HUD returns control of Detroit Housing Commission

  31-03-2015 17:56
  
  Citing "consistent accountability and progress," the U.S. Department of Housing and Urban Development is finally handing control of the Detroit Housing Commission back to local authorities, after nearly 10 years of federal control.
  
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• Asian ADRs Hit Two-Week Low; Pulled Down By Real Estate Stocks - Nasdaq

  31-03-2015 17:51
  
  Nasdaq
  Asian ADRs Hit Two-Week Low; Pulled Down By Real Estate Stocks
  Nasdaq
  American depository receipts of Asian stocks were trading 0.9% lower at 150.92 on the Bank of New York Mellon Asia ADR Index on Tuesday, representing a two-week low. Decliners in North Asia were led by SouFun ( SFUN ), a real estate internet portal ...
  
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• Long foreclosure processes give borrowers free home

  31-03-2015 17:49
  
  There are still tens of thousands of homeowners who have missed more than five years of mortgage payments. And according to an interesting legal quirk, they might be able to keep their homes for free now.
  
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• Grandma posing in real estate photos goes viral - Orlando Sentinel

  31-03-2015 17:34
  
  Orlando Sentinel
  Grandma posing in real estate photos goes viral
  Orlando Sentinel
  An 86-year-old Florida grandmother is a viral star after her granddaughter shared photos of her humorously posing in her home on Twitter. WEWS - Cleveland, OH. http://video.orlandosentinel.com/?ndn.trackingGroup=90022&ndn.
  
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• Costs up, profits down: Closing a mortgage gets more expensive

  31-03-2015 17:30
  
  The net cost to originate a mortgage is growing and the profit from closing an origination is shrinking, despite growing loan balances and steady loan production. Can you spot the drag?
  
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• Lowered prices create bidding wars in hot housing market - Boston Globe (subscription)

  31-03-2015 17:23
  
  Boston Globe (subscription)
  Lowered prices create bidding wars in hot housing market
  Boston Globe (subscription)
  Three hundred people came through the open house, 25 made offers, and the bidding war lasted eight rounds and four days. By the time it was over, in early March, the owners of the 2½-bedroom, one-bath condo in Brookline — on a busy street, but ...and more »
  
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• BRIEF-Adler Real Estate resolves to issue corporate bond - Reuters

  31-03-2015 16:42
  BRIEF-Adler Real Estate resolves to issue corporate bond
  Reuters
  March 31 (Reuters) - Adler Real Estate AG : * Resolves to issue a corporate bond. * Coupon to be determined after book-building process. * Issuance volume of up to 300 million euros ($322 million). * Issuance proceeds to be used primarily to finance ...
  
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• United Real Estate – Lexington Named Top Affiliated Brokerage for 2014 - Business Wire (press release)

  31-03-2015 16:29
  Business Wire (press release)
  United Real Estate – Lexington Named Top Affiliated Brokerage for 2014
  Business Wire (press release)
  KANSAS CITY, Mo.--(BUSINESS WIRE)--United® Real Estate, a fast-growing real estate and franchise operation company, announces that United Real Estate – Lexington has been named Top Affiliated Company of the Year at the 2015 United Real Estate ...
  Latinos Taking Over South Florida? Real Estate Buyers 68% LatinRealty Today
  Featured Lesbian Real Estate Agent:
  
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• Prudential Montana Real Estate Transitions as Berkshire Hathaway ... - MarketWatch

  31-03-2015 15:07
  
  Prudential Montana Real Estate Transitions as Berkshire Hathaway ...
  MarketWatch
  BOZEMAN, Mont. & MISSOULA, Mont., Mar 31, 2015 (BUSINESS WIRE) -- Berkshire Hathaway HomeServices, part of the HSF Affiliates LLC family of real estate brokerage franchise networks, today announced that Prudential Montana Real Estate has joined ...and more »
  
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• San Francisco median home price nearly $1 million

  31-03-2015 15:01
  
  The median home price in San Francisco is pushing close to $1 million. (Dr. Evil nods in agreement.) And their early reading for February suggests the markets they survey are strengthening.
  
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• Dealing with 'active shooters' is growing concern for LI real estate execs - Newsday

  31-03-2015 14:51
  
  Dealing with 'active shooters' is growing concern for LI real estate execs
  Newsday
  Two local commercial real estate organizations are hosting events this month to address the topic of security risk and active shooter preparedness in commercial properties, like malls, on Long Island. (Credit: iStock). In light of "active shooter ...
  
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• Economy Watch: Real Estate Markets Benefit from Boost in Engineering Jobs - Multi-Housing News

  31-03-2015 14:51
  Economy Watch: Real Estate Markets Benefit from Boost in Engineering Jobs
  Multi-Housing News
  The missing piece of the puzzle for full economy recovery is still higher wages across most sectors of the economy. Productivity is up, profits are up, yet wages are not up so much. While month-over-month changes might not mean much, the February ...
  
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• Home prices dropped in January from December

  31-03-2015 14:20
  
  Home prices are slowing -- they grew on an annualized basis but month-to-month they dropped. But the big problem is what's happening with home prices versus wages. Find out why this means trouble.
  
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• How (and why) to host a real estate event - Inman.com

  31-03-2015 12:17
  
  How (and why) to host a real estate event
  Inman.com
  There has never been so much creativity in marketing, and that goes for event marketing, too. Whether it's a small-scale luncheon or a large-scale charity event, the name of the game with event marketing is engaging consumers and elevating your brand.
  
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• With real estate deals, DC Mayor pushes to “keep prosperity moving” - Washington Post

  31-03-2015 11:39
  With real estate deals, DC Mayor pushes to “keep prosperity moving”
  Washington Post
  As the Washington region grapples with a flat economy, D.C. Mayor Muriel E. Bowser (D) asked real estate executives and small business owners Monday to partner with her in developing a slew of city-owned properties across the city, projects that she ...and more »
  
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• Analysts Expect Short-Term Boost To China's Slumping Real Estate As Central ... - International Business Times

  31-03-2015 09:37
  
  International Business Times
  Analysts Expect Short-Term Boost To China's Slumping Real Estate As Central ...
  International Business Times
  A Chinese national flag flutters at a construction site for a new residence complex in Beijing Nov. 4, 2013. REUTERS/Kim Kyung-Hoon. China real estate construction. A slab is lifted onto steel pillars at a construction site of the three-story D3 ...
  China pulls down more real-estate-market curbsMarketWatch
  Short-Term Boost Expected For China's Slumpin
  
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• Houston Real Estate: Experts Predict What Happens Next - Houstonia Magazine

  31-03-2015 07:18
  
  Houstonia Magazine
  Houston Real Estate: Experts Predict What Happens Next
  Houstonia Magazine
  “From 1981 to 1984, we lost 210,000 people who moved away from the city of Houston,” said Marvy Finger, president and CEO of the Finger Companies, the developer responsible for the construction of nearly 60 apartment complexes and rental communities ...
  
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• More than one-third of America holds no emergency savings

  31-03-2015 06:01
  
  Despite marked improvement in the economy since the end of the housing crisis, millions of Americans are still on the brink of foreclosure due to a lack of savings. How bad is it?
  
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• Parkside Lending continues growth

  31-03-2015 00:13
  
  In addition to recently adding Robin Gilmore as executive vice president of operational strategy and Joann Berger as underwriting manager, Parkside also announced the additions of Gail Dolton as general counsel, Laurie Spira as chief compliance officer and Jo-Ann Krueger as closing manager.
  
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• Why Apply for the Good Neighbor Awards?

  31-03-2015 00:00
  The Good Neighbor Awards recognizes REALTORS® who make an extraordinary impact on the community by volunteering, but it also has many benefits...
  
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• Midwest, West Lead Pending Home Sales

  31-03-2015 00:00
  Pending home sales in February surged to the highest level since June 2013, led by significant gains in contract signings in the Midwest and West...
  
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• Is Your Smartphone Making You Narcissistic?

  31-03-2015 00:00
  You likely rely on your smartphone to stay connected to your business, but if you're addicted, it may be showing through your personality,...
  
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• Grandma's Staged Home Photos Go Viral

  31-03-2015 00:00
  An 86-year-old Davenport, Fla., grandmother has become an Internet star after posing in some photos of her home for-sale.
  
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• Don't Ignore Boomerang Buyers

  31-03-2015 00:00
  The housing market is ignoring the largest pool of prospects, says one housing analyst. 
  
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• 30% of Millennials Plan to Buy in 5 Years

  31-03-2015 00:00
  The millennial generation is breaking out into the housing market. 
  
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