Real estate news

• LRES names three new vice presidents of sales

  12-06-2015 23:40
  Cory Schwarzschild, Jason Davis and Brandon Hawkins will join LRES and will be responsible for managing LRES’ sales force and helping the company enter into new strategic business relationships with mortgage lenders and servicers.
  
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• Real estate agent's video parody of 'Shake It Off' goes viral - Inman.com

  12-06-2015 23:18
  
  Real estate agent's video parody of 'Shake It Off' goes viral
  Inman.com
  Arizona real estate agent Andrea Romero turned her job-related angst into a parody of pop star Taylor Swift's hit “Shake It Off” recently. And a video of her diva-worthy performance of it has gone viral. Posted to Facebook on Tuesday, the video of ...and more »
  
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• NYDFS names Lawsky’s temporary replacement

  12-06-2015 23:03
  
  The New York Department of Financial Services has found its replacement for its soon-departing superintendent, Benjamin Lawsky. Lawsky himself made the announcement in a memo sent to NYDFS staffers. In the memo, Lawsky said the NYDFS will be in good hands while Gov. Andrew Cuomo searches for a permanent replacement.
  
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• Bob Evans Rises After Announcing Plans for Real Estate Deal - Bloomberg

  12-06-2015 22:44
  Nation's Restaurant News
  Bob Evans Rises After Announcing Plans for Real Estate Deal
  Bloomberg
  Bob Evans Farms Inc. rose the most in three months after pursuing a transaction to squeeze money out of its real estate, a move spurred by activist-investor pressure. The deal, which involves the company's restaurant properties, may be either a ...
  Bob Evans to Monetize Real Estate, Staving Off Proxy FightTheStreet.comall 34 news articles »
  
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• Real estate firm Redfin begins expansion into Western New York - Buffalo News

  12-06-2015 22:33
  
  Real estate firm Redfin begins expansion into Western New York
  Buffalo News
  Memo to RealtyUSA and Hunt Real Estate Corp.: There's a new big player in town. A national real estate brokerage firm that relies heavily on its online listings and mobile technology, alongside traditional agents on the ground, is coming to Buffalo as ...and more »
  
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• Deutsche Bank's Pollack Leaves as Head of Real Estate - Bloomberg

  12-06-2015 22:23
  
  Bloomberg
  Deutsche Bank's Pollack Leaves as Head of Real Estate
  Bloomberg
  Jonathan Pollack, former global head of Deutsche Bank's commercial real estate group. Photographer: Ilir Bajraktari/Patrick McMullan/Sipa USA. Don't Miss Out — Follow Bloomberg On. Facebook · Twitter · Instagram · YouTube. Sign up for email and ...
  
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• FHA issues new reverse mortgage rules to protect spouses

  12-06-2015 22:07
  
  The U.S. Department of Housing and Urban Development and the Federal Housing Administration announced changes to its reverse mortgage program designed to keep non-borrowing spouses in their homes after the last surviving borrower dies.
  
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• Mill District real-estate agent Cynthia Froid is rolling on the river - Minneapolis Star Tribune

  12-06-2015 21:34
  
  Minneapolis Star Tribune
  Mill District real-estate agent Cynthia Froid is rolling on the river
  Minneapolis Star Tribune
  How a former third-grade teacher survived the recession and cancer to become the Mill District's top real estate matchmaker. By kevyn burger. June 12, 2015 — 2:40pm. itemprop. DAVID JOLES, Star Tribune Realtor Cynthia Froid, seen atop the North Star ...and more »
  
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• Despite regulations, industrial real estate growth continues apace - JOC.com

  12-06-2015 21:10
  Despite regulations, industrial real estate growth continues apace
  JOC.com
  From New Jersey to California, developers of industrial real estate face a slew of environmental regulations and oftentimes community pushback when they announce plans for a new warehouse or distribution center. While the odds seem stacked against the ...and more »
  
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• HistoryMiami Looks at Real Estate Past of Whitman Family (Slideshow) - Daily Business Review (registration)

  12-06-2015 21:06
  
  Daily Business Review (registration)
  HistoryMiami Looks at Real Estate Past of Whitman Family (Slideshow)
  Daily Business Review (registration)
  Bal Harbor display at the Whitman Family Gallery, at HistoryMiami. Stanley Whitman and his family constructed the Miami Beach mall in the early 1060's. J. Albert Diaz3 of 4. Jorge Zamanillo, Museum Director, HistoryMiami, at the Whitman Family Gallery.and more »
  
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• Is a balloon mortgage ever worth it?

  12-06-2015 21:00
  
  The Motley Fool just published a post about an interesting topic. Should the once-popular mortgage lending product — the balloon mortgage — make a stunning return to the market?
  
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• Why higher rates could make real estate a buy - CNBC

  12-06-2015 20:51
  
  CNBC
  Why higher rates could make real estate a buy
  CNBC
  Higher interest rates usually mean bad news for real estate. But if the move higher in bond yields continues, a consequent drop in real estate stocks will offer an opportunity for traders, if one strategist is correct. Since the start of February, the ...and more »
  
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• Former real estate dealer pleads guilty to massive fraud scheme - Boston Globe (subscription)

  12-06-2015 20:16
  
  Boston Globe (subscription)
  Former real estate dealer pleads guilty to massive fraud scheme
  Boston Globe (subscription)
  JOHN TLUMACKI/GLOBE STAFF. Michael David Scott. Michael David Scott, a 51-year-old former Mansfield real estate broker, has pleaded guilty to fraud in a years-long mortgage fraud scheme that resulted in foreclosures of dozens of Boston properties and ...and more »
  
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• 5 key points about the pending TRID upheaval

  12-06-2015 20:00
  
  In an email to clients this morning, the team of financial services and real estate analysts at FBR drew 5 key points about what many in the mortgage lending industry expect to be a total upheaval of their operations. But are mortgage lenders right to be so worried?
  
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• Kentucky man to spend 12 years in prison for insane fraud scheme

  12-06-2015 19:40
  
  A Kentucky man will spend the next 12 years in federal prison for leading a spectacularly massive scheme that involved defrauding the Internal Revenue Service of $53 million, bribing senior bank executives, the fraudulent purchase of an insurance company, and the defrauding of insurance regulators and an investment bank.
  
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• Here are the hot job markets where rent is soaring

  12-06-2015 19:23
  
  Moving to a city with a top job market is a great way to increase your financial standing, right? Unfortunately, MadValorem just released a study that proves the opposite could be true, at least if you are renting.
  
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• 3 Real Estate Stocks Nudging The Industry Higher - TheStreet.com

  12-06-2015 19:13
  
  TheStreet.com
  3 Real Estate Stocks Nudging The Industry Higher
  TheStreet.com
  Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer. All three major indices are trading down today with the Dow Jones ...and more »
  
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• You can now invest in real estate, even if you're not Donald Trump - CNNMoney

  12-06-2015 18:21
  
  CNNMoney
  You can now invest in real estate, even if you're not Donald Trump
  CNNMoney
  Starting June 19, everyday investors will be able to back real estate projects with Kickstarter-like crowdfunding initiatives. Many commercial property developers are now using crowdfunding platforms to raise capital for their projects. That means ...and more »
  
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• Sen. Warren responds to Jamie Dimon you-don't-get-it swipe

  12-06-2015 18:05
  
  One day after JPMorgan Chase CEO Jamie Dimon took a swipe at Sen. Elizabeth Warren, D-Mass., saying that he doesn’t know if she fully understands the global banking system, Warren responded in kind. You didn’t think she was going to let this one go, did you?
  
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• This 1 chart shows exactly where Americans are moving (and buying homes)

  12-06-2015 16:30
  
  Interested in seeing where today's Americans are packing up and relocating to? SpareFoot was, and that's why they put together a statistical graphic of where the U.S. population is booming. Want to know where that is?
  
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• Urban Institute: Rental surge to drop homeownership rate to 61.3% by 2030

  12-06-2015 15:32
  
  A new paper by the Urban Institute says that the homeownership rate will continue to decline through 2030 and that a major rental surge is upon us, a surge the United States is not truly prepared to meet.
  
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• Industrial real estate market is tight, foreshadowing cost increases - JOC.com

  12-06-2015 14:50
  JOC.com
  Industrial real estate market is tight, foreshadowing cost increases
  JOC.com
  If developing industrial real estate can be compared to playing baseball, there's still a good deal of fun to be had and plenty of foreign investors are jumping into the game, according to professional developers and financiers. When asked how much ...
  
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• Homeowner, appraiser home value opinion gap widens

  12-06-2015 14:46
  
  The difference between appraiser and homeowner perceptions continued to increase for the fourth consecutive month in May, Quicken Loans reports. Want to know why?
  
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• Spread between mortgage rates, 10-year shows strong growth prospects

  12-06-2015 13:15
  
  Mortgage rates hit a six-month high and the forecast for 4.5% to be the new normal by the end of 2015, but what’s driving it and how will it affect investors and the economy overall?
  
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• Zillow: Number of underwater borrowers falling, but many still in serious danger

  12-06-2015 06:01
  
  The number of borrowers who owe more on their home than it’s worth is falling, but there are still a number of borrowers who face a severely steep climb to get out from under their home, according to a new report from Zillow.
  
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• The Brooklyn Real Estate Bubble Will Never Pop - Gothamist

  12-06-2015 04:34
  
  The Brooklyn Real Estate Bubble Will Never Pop
  Gothamist
  The housing crash of the late 2000s was supposed to have decimated property values across the nation. But in Brooklyn, the housing market barely broke its stride. Supply and demand is supposed to be an immutable truth, yet a well-documented boom in ...and more »
  
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• Will Lenders Need a Week to Get Closing Docs In?

  12-06-2015 00:00
  Big changes to the process and forms used in real estate closings are coming August 1 and many real estate professionals are wondering what it...
  
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• Report: Renter Growth to Explode by 2030

  12-06-2015 00:00
  The rapid growth of the renter population expected within the next 15 years will create significant demand for new rental housing construction and...
  
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• Mortgage Rates Set New High for 2015

  12-06-2015 00:00
  Fixed-rate mortgages were back on the rise again this week, with the 30-year fixed-rate mortgage rising above the 4 percent average for the first...
  
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• Millennials Are Active Home Remodelers Too

  12-06-2015 00:00
  "While still a small group, millennial home owners are just as active as older generations when it comes to renovating and decorating,"...
  
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• Lenders Sniff Out Borrowers' 'White Lies'

  12-06-2015 00:00
  Borrowers who aren't as forthcoming on their loan applications on certain items – such as occupancy status – may feel like it'...
  
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• Housing Solutions for Emerging Markets

  12-06-2015 00:00
  These innovative and sustainable solutions seek to address housing needs in the emerging markets all over the world. 
  
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• Home Owners, Appraisers Disagree on Prices

  12-06-2015 00:00
  The gap between appraisers and home owners' perceptions over the value of homes is widening. 
  
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