Real estate news

• Freddie Mac selling $233 million pool of Ocwen-serviced loans

  28-04-2015 23:47
  
  Freddie Mac announced Tuesday that it is preparing to auction off a $233 million pool of non-performing loans, which are serviced by Ocwen Financial, which said in December that it plans to exit agency servicing entirely. Is Freddie Mac done with Ocwen too?
  
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• Which real estate brand's TV spot does it best? - Inman.com

  28-04-2015 23:33
  
  Which real estate brand's TV spot does it best?
  Inman.com
  The spring homebuying season is in full bloom, and most of the nation's major real estate franchisors are airing national TV ads designed to burn their brands in consumers' brains. Coldwell Banker Real Estate, Century 21 Real Estate, Re/Max and ...
  Biros Real Estate urges residents to enter Berkshire Hathaway $50000 ...The Beverly Review
  Prudential All American Homes Joins Berkshire Hathaway HomeServices Real ...Business Wire
  
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• Fitch: Even in new forms, GSE risk-sharing bonds remain strong

  28-04-2015 23:05
  
  As Fannie Mae and Freddie Mac continue in one of their stated missions — reducing taxpayer risk through the offering of credit risk-sharing deals — the performance of the risk-sharing mortgage bonds remains strong, Fitch Ratings said in a new report.
  
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• COMMERCIAL REAL ESTATE LENDING UPDATE - HOUSTON - KTRK-TV

  28-04-2015 22:59
  
  KTRK-TV
  COMMERCIAL REAL ESTATE LENDING UPDATE - HOUSTON
  KTRK-TV
  Did Houston overbuild again? Tim Williamson, Commercial Real Estate Executive for Cadence Bank, and Robert Gilmer, Director of the Institute for Regional Forecasting at University of Houston's C. T. Bauer College of Business, discuss the present state ...
  
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• Hey Millennials — You know nothing about housing finance

  28-04-2015 22:30
  
  Millennials are on a trajectory to rule the housing market, and yet they know nothing about housing. And apparently, they are completely okay with that. Well. They shouldn’t be.
  
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• Real Estate Regrets - Fox Business

  28-04-2015 22:16
  
  Fox Business
  Real Estate Regrets
  Fox Business
  A home is likely the most expensive thing you'll ever buy, and you don't want to second guess your decision and have buyer's remorse. The problem with regrets is that you can't always fix them, and if you can it'll cost you money. “You don't want to be ...
  
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• Walker & Dunlop close $152M loan portfolio

  28-04-2015 22:14
  
  Walker & Dunlop has closed a $152,944,000, eight-property loan portfolio with a long-time repeat borrower based in Arizona. Here’s what they accomplished.
  
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• Asset manager and mortgage servicer pleads guilty to $5M fraud scheme

  28-04-2015 21:53
  
  A special servicer for mortgages has pleaded guilty to a mortgage and wire fraud scheme and now faces 20 years in prison.
  
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• Is Ellie Mae headed for another record year?

  28-04-2015 21:37
  
  It’s all coming up roses for mortgage software solution provider Ellie Mae right now, and the good times don’t appear to be ending any time soon, according to a new report from RBC Capital Markets.
  
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• NAI Wisinski opens a Kalamazoo commercial real estate office - MLive.com

  28-04-2015 21:31
  
  MLive.com
  NAI Wisinski opens a Kalamazoo commercial real estate office
  MLive.com
  KALAMAZOO, MI – Commercial real estate firm NAI Wisinski of West Michigan recently opened an expanded Kalamazoo office at 1803 Whites Road in Kalamazoo. NAI Wisinski of West Michigan is a Grand Rapids-based, full-service commercial real estate ...
  
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• Why aspiring real estate agents should just skip college - Inman.com

  28-04-2015 21:11
  
  Why aspiring real estate agents should just skip college
  Inman.com
  Skip college. That's right! If you know someone who is thinking about starting or running a business after college, they should just skip the university and start a real estate career. This is not advice I would have given 20 years ago. Today, my ...and more »
  
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• Real Estate Profile: Wedgwood homes - seattlepi.com

  28-04-2015 20:55
  
  Real Estate Profile: Wedgwood homes
  seattlepi.com
  Although the two neighborhoods are sometimes used interchangeably, Wedgwood and View Ridge have some distinct differences. Among them being housing prices. Whereas the average value of a home in Wedgwood is $552,200, the average value of ...
  
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• Sun Products site in Southeast Baltimore acquired by Chesapeake Real Estate - Baltimore Business Journal (blog)

  28-04-2015 18:36
  
  Baltimore Business Journal (blog)
  Sun Products site in Southeast Baltimore acquired by Chesapeake Real Estate
  Baltimore Business Journal (blog)
  Chesapeake Real Estate Group has acquired the Sun Products property across from Amazon.com Inc.'s warehouse in Southeast Baltimore. Property Spotlight: Ashbrook - Minutes from Dulles Airport 11 photos ...and more »
  
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• Obama: Here are 8 lucky communities chosen to build prosperity

  28-04-2015 18:35
  
  After 123 applications from 36 states, the official list of chosen communities is out.Here’s Obama Administration’s eight new Promise Zone communities.
  
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• Celebs Make Secret Real Estate Deals at Sierra Towers - Variety

  28-04-2015 18:03
  
  Variety
  Celebs Make Secret Real Estate Deals at Sierra Towers
  Variety
  It's no great secret among avid celebrity real-estate watchers that L.A.'s rich and famous have long been drawn to the sexy, glass-walled condominiums at Sierra Towers, a striking example of 1960s minimalist architecture on the border of West Hollywood ...and more »
  
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• Home Loan Servicing Solutions stock craters after investors get paid

  28-04-2015 17:50
  
  Home Loan Servicing Solutions stock fell off a cliff Tuesday morning as the company moves one step closer to completing its sale to New Residential Investment. After closing Monday at $17.18 per share, HLSS is currently trading at $0.68 per share, a drop of more than 96%.
  
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• Homeownership rate falls to lowest since 1993

  28-04-2015 17:05
  
  The homeownership rate continued its multi-year slide, falling to a rate not seen since 1993. Are we near the bottom and there’s nowhere to go but up, or does the slide continue? Let’s find out.
  
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• FHFA: Mortgage interest rates slightly rise in March

  28-04-2015 16:01
  
  Interest rates on conventional purchase-money mortgages slightly increased from February to March. But despite the slight rise, rates are still significantly down from a year ago.
  
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• Flagstar beats 1Q income expectations on strong mortgage volume

  28-04-2015 15:26
  
  Mortgage volume increases fro Flagstar, providing a solid tail wind as the company also sees revenue growth after the company reworked its approach to mortgage origination.
  
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• Record snow leads to sluggish real estate sales - Boston Globe (subscription)

  28-04-2015 15:10
  
  Record snow leads to sluggish real estate sales
  Boston Globe (subscription)
  Single-family home sales in Massachusetts rose slightly in March, while condominium sales fell sharply, according to new figures released Tuesday by The Warren Group. “Condo sales seem to be cooling off, as we are not seeing the big increases in sales ...and more »
  
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• February distressed sales shares drop to 2008 levels

  28-04-2015 14:23
  
  The share of distressed home sales continues to decline, which in turn is putting additional upward pressure on home prices. But there's a way to go before the housing market gets back to normal. Here's what's happening behind the scenes.
  
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• Porter man faces 17 charges in real estate fraud case - WISH-TV

  28-04-2015 14:18
  
  WISH-TV
  Porter man faces 17 charges in real estate fraud case
  WISH-TV
  VALPARAISO, Ind. (AP) — A northwest Indiana man now faces 17 charges in a real estate fraud case after prosecutors filed three more on accusations he misspent investor funds on a cruise. The Times reports 50-year-old Donald Johnson of Porter pleaded ...and more »
  
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• Case-Shiller: Home prices rise faster than expected

  28-04-2015 14:10
  
  Home prices continued their rise across the country over the last 12 months, according to the S&P/Case-Shiller Home Price Indices that incorporates data through February 2015. But the housing industry has a long way to go. Here's why.
  
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• How to choose a real estate agent - Daily Astorian

  28-04-2015 13:12
  
  Reno Gazette Journal
  How to choose a real estate agent
  Daily Astorian
  When you are buying or selling a home, it is essential to choose the right real estate agent for your needs. The best agents are energetic, positive and proactive. On the other hand, selecting the wrong agent will cost you lots of time and money. So ...
  Local Realtors say they'll crack down on short sale abuseReno Gazette Journalall 4 news articles »
  
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• In Real-Estate Tech Firms, Europe Plays Catchup With US - Wall Street Journal

  28-04-2015 11:30
  
  Wall Street Journal
  In Real-Estate Tech Firms, Europe Plays Catchup With US
  Wall Street Journal
  Startups in Europe's real-estate market that offer virtual-reality tours, online leasing marketplaces and other technology services are catching investors' eyes, but they will have to outmuscle more established, better-funded U.S. companies to succeed.and more »
  
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• Karla Saladino on why real estate firms waste money paying for leads - Inman.com

  28-04-2015 10:33
  
  Karla Saladino on why real estate firms waste money paying for leads
  Inman.com
  Describe what you do in one sentence: Raise rent roles, decrease vacancy rates, beat sales price per square foot, and lift up those who deserve lifting — emotionally or financially — in the process. Age: 35. Degree, school: I don't even remember — I ...and more »
  
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• TIAA-CREF Acquires Full Ownership of TIAA Henderson Real Estate - Business Wire (press release)

  28-04-2015 08:10
  Reurope
  TIAA-CREF Acquires Full Ownership of TIAA Henderson Real Estate
  Business Wire (press release)
  NEW YORK--(BUSINESS WIRE)--TIAA-CREF, a leading financial services provider, today announced an agreement to acquire the remaining ownership interest in TIAA Henderson Real Estate (“TH Real Estate”) from its joint venture partner, Henderson ...
  TIAA-CREF to acquire remaining 40% TH Real Estate stake from HendersonPensions & Investments
  TIAA-CREF acquires full ownership of TH Real Estat
  
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• Shaffer: Employment, real estate woes hurt US - Boston Herald

  28-04-2015 06:05
  
  Boston Herald
  Shaffer: Employment, real estate woes hurt US
  Boston Herald
  Although there's no denying that the economy is getting better, it's nowhere near as healthy as the Obama administration would lead us to believe. Certainly, Wall Street has pretty much recovered from its disaster back in 2008-09. However, the so ...
  
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• Coming soon: The Tesla home battery

  28-04-2015 00:25
  
  Tesla Motors, the company that plans to revolutionize automobiles with its electric car, is planning a new revolution that aims to transfer how we power the rest of our lives. How will the home battery impact mortgages?
  
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• 2 startups charge flat fees for listings, revamping the real estate brokerage ... - Inman.com

  28-04-2015 00:02
  
  Inman.com
  2 startups charge flat fees for listings, revamping the real estate brokerage ...
  Inman.com
  Toward the end of his time as a team leader with Keller Williams Realty in 2011, Jordan Connett realized that listing agents' jobs were much easier than they used to be. Agents can easily place their listings in front of millions of homebuyers on ...and more »
  
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• When Renovating, Keep it Simple

  28-04-2015 00:00
  When it comes to remodeling, keep it simple. Small and cost-effective home improvements will likely get the best return on investment.
  
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• REALTORS® Grow More Upbeat in Recovery

  28-04-2015 00:00
  Real estate professionals report they're seeing more buyer demand due to the easing of mortgage credit and availability.
  
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• Housing Analysts Bet on 2016 as Standout Year

  28-04-2015 00:00
  This year has already marked solid gains in the housing market, but next year may hold the largest gains in years, according to housing...
  
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• Don't Overlook the Trees, Buyers Aren't

  28-04-2015 00:00
  The number of trees on a lot can be a powerful influencer for home buyers.
  
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• Blackstone CEO: Housing Is 'Good Investment'

  28-04-2015 00:00
  Even though home prices aren't rising by double-digits anymore, real estate is still a solid investment, the CEO of the largest single-family...
  
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• $40 Million Homes Spark 'Copycat Effect'

  28-04-2015 00:00
  Homes priced at $40 million or more were almost nonexistent up until a few years ago. But a big upswing has been taking place in the super-luxury...
  
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