Real estate news

• June existing-home sales expected to rise 11% year-over-year

  22-06-2015 23:52
  
  Coming on the heels of positive existing-home sales for May, existing-home sales in June are expected to rise sharply over last year’s total, according to Auction.com’s June Real Estate Nowcast. Is this a healthy summer buying season?
  
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• Three American cities score high on global luxury list

  22-06-2015 22:55
  
  What do San Francisco, Los Angeles and Miami have in common besides beaches and tourist attractions? Real estate. All three cities are all on the list of the top ten luxury real estate markets in the world released by Knight Frank.
  
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• HUD senior official leaving to join Hillary Clinton campaign

  22-06-2015 22:50
  
  HUD Secretary Julián Castro said Monday that Betsaida Alcantara, HUD’s assistant secretary for public affairs and one of Castro’s senior advisors, is set to leave her position at the end of July. Castro did not disclose Alcantara’s next move, but a Buzzfeed report said that Alcantara is leaving HUD to serve as the director of media planning for Clinton’s campaign.
  
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• Tyler Perry lists Atlanta home for $25 million

  22-06-2015 22:46
  
  The director of “If Loving You is Wrong” and “The Haves and the Have Nots” is entering the real estate market and listed his home in Atlanta for $25 million.
  
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• SQFT is a Real Estate App to Help Homeowners Slash Broker Commissions - TechCrunch

  22-06-2015 22:10
  
  TechCrunch
  SQFT is a Real Estate App to Help Homeowners Slash Broker Commissions
  TechCrunch
  If you've ever bought or sold a home, you know how expensive a six percent real estate commission can be. SQFT is an app that helps reduce these fees by allowing you to buy and sell a home without the need of a real estate agent. After downloading the ...and more »
  
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• MBA: Still optimistic about growth for 2015

  22-06-2015 21:54
  
  The economy in general and housing in particular have had a struggle getting momentum in 2015 so far, but that doesn’t deter the optimism analysts at the Mortgage Bankers Association feel for the rest of 2015.
  
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• Concerns lurk beneath the good news in May existing-home sales

  22-06-2015 21:45
  
  Existing-home sales increased in May to their highest pace in nearly six years, according to the National Association of Realtors. But what’s really behind the numbers and what do they mean?
  
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• Taylor Swift: Singer, Apple Vanquisher and (Surprise!) Real Estate Mogul - TheStreet.com

  22-06-2015 21:08
  
  TheStreet.com
  Taylor Swift: Singer, Apple Vanquisher and (Surprise!) Real Estate Mogul
  TheStreet.com
  NEW YORK (TheStreet) -- Taylor Swift used the power of celebrity to successfully force Apple (AAPL - Get Report) to pay musicians for the use of their songs during the three-month trial of their new subscription music service. But the multi-platinum ...and more »
  
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• Marketers are dissecting Millennials, and we don’t like it

  22-06-2015 19:00
  
  Everyone, not just the housing industry, is fixated on defining every single minute detail of what a millennial wants. Why are you so obsessed with us?
  
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• Carrington Mortgage Services hires Tom O'Leary as regional sales manager

  22-06-2015 18:57
  
  Under O’Leary’s direction, Carrington’s wholesale operation will remain focused on continued growth, providing expanded product offerings and producing faster turn times to effectively meet market demands.
  
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• Southern California was not ready for millennials

  22-06-2015 18:23
  
  Back in 1988, The Times asked the question: What will Southern California look like in the future? Now looking at what really happened, there’s a variable the city planners didn't expect: Millennials.
  
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• Housing disparate impact decision still pending in Supreme Court

  22-06-2015 17:32
  
  It's going to be Thursday. Or Maybe Monday. Or at last gasp on Tuesday. But the decision on disparate impact use in housing will come soon, and HousingWire will be there. Here's the latest.
  
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• Job situation improves in nearly every state

  22-06-2015 17:14
  
  The job situation improved in almost every state over the last three months, according to a new chart from the Federal Reserve Bank of Philadelphia. But, as seen here, not all states are created equal.
  
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• Top 90 US Real Estate Crowdfunding Sites Cast a Wider Net - InvestorIntel

  22-06-2015 16:08
  Top 90 US Real Estate Crowdfunding Sites Cast a Wider Net
  InvestorIntel
  Real estate in today's technology-driven economy thrives on information, which is currently being made available through online solicitation and syndication of deals. As a result, investors looking to be at the cutting edge of real estate investing ...
  
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• Man uses false documents, straw buyers in 35 fraudulent mortgage transactions

  22-06-2015 15:57
  
  A Virginia man pled guilty to a federal conspiracy charge stemming from fraudulent real estate transactions he engaged in using strawmen buyers in 35 mortgage transactions. Here's what happened.
  
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• Large life science companies lean on big Bay Area landlord to kick out smaller ... - San Francisco Business Times

  22-06-2015 15:51
  
  San Francisco Business Times
  Large life science companies lean on big Bay Area landlord to kick out smaller ...
  San Francisco Business Times
  Large life sciences companies are leaning on one of the Bay Area's large biotech landlords to kick out smaller tenants so the bigger companies can expand into the space. Alexandria Real Estate Equities Inc., which controls more than 3 million square ...
  
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• First-time buyers boost existing-home sales 5.1% in May

  22-06-2015 15:21
  
  Welcome news for Realtors and the housing and mortgage finance industry: existing-home sales gained 5.1% in May and 9.2% annually. The biggest gains came in the Northeast. Want to know more?
  
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• Lone Star Funds buying real estate investment trust Home Properties for about ... - Fox Business

  22-06-2015 15:15
  
  MultifamilyBiz.com
  Lone Star Funds buying real estate investment trust Home Properties for about ...
  Fox Business
  NEW YORK – Private equity firm Lone Star Funds is taking Home Properties private for approximately $4.36 billion. Dallas' Lone Star will pay $75.23 per Home Properties share, a 3 percent premium to the real estate investment trust's Friday closing ...
  CompaniesUS real estate deals heat up as Home Properties soldFinancial Timesall 44 news articles »
  
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• Fed: May economic activity shows signs of slowdown

  22-06-2015 15:11
  
  Early reports for the second quarter paint a mixed picture – according to the Chicago Federal Reserve, there was net improvement in May's run of economic data but not much at least based on the national activity index which comes in at minus 0.17 vs a downward revised minus 0.19 in April. A bad sign for housing and mortgage activity in the second quarter?
  
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• New York City real-estate CEOs earn top salaries: report - New York Daily News

  22-06-2015 14:50
  New York Daily News
  New York City real-estate CEOs earn top salaries: report
  New York Daily News
  The paychecks of New York City's real-estate deal makers are soaring faster than the office towers and luxury digs they're buying and selling, a report shows. Three of the top 10 best paid CEOs of publicly traded companies in the city earned their huge ...and more »
  
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• TD Bank's Commercial Real Estate Group Closes More than 240 Transactions ... - PR Newswire (press release)

  22-06-2015 14:35
  
  PR Newswire (press release)
  TD Bank's Commercial Real Estate Group Closes More than 240 Transactions ...
  PR Newswire (press release)
  NEW YORK, June 22, 2015 /PRNewswire/ -- TD Bank, America's Most Convenient Bank®, announced today that its Commercial Real Estate (CRE) Group closed more than 240 transactions totaling $6.3 billion in commitments in 2014. TD Bank's CRE team ...
  C-suite Demands More Productivity: How Will Corporate Real Estate DeliverMarketWatchall 3 news articles
  
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• Indiabulls Real Estate Soars as Promoter Plans to Hike Stake - NDTV

  22-06-2015 12:40
  
  NDTV
  Indiabulls Real Estate Soars as Promoter Plans to Hike Stake
  NDTV
  Indiabulls Real Estate shares jumped as much as 33.5 per cent to Rs. 56.15 on Monday following promoter Sameer Gehlaut's announcement about fund infusion in the realty developer. Mr Gehlaut will infuse Rs. 538 crore in Indiabulls Real Estate via ...
  Indiabulls Real Estate rallies as promoter plans to invest Rs 538 crEconomic Times
  Indiabulls Real Estate shares jump 23% on planned fund infusion by promoterFirstpost
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• Mentored by a pro, siblings jump into real estate business - PhillyVoice.com

  22-06-2015 12:34
  
  PhillyVoice.com
  Mentored by a pro, siblings jump into real estate business
  PhillyVoice.com
  Gabriella and Oliver Somoza, a sister-and-brother pair from New York City, didn't know they'd be trailblazers when they became the first people to get a loan for aspiring real estate developers from Germantown developer Ken Weinstein. But that's ...
  
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• 4 ways to secure your consumer value as a real estate agent - Inman.com

  22-06-2015 12:07
  
  4 ways to secure your consumer value as a real estate agent
  Inman.com
  How do you create value that resonates with clients and consumers in an industry that is constantly flooded with information, hype and, sometimes, bad press? Creating value and marketing around that value is a constant battle. In a job that interacts ...
  Rolla MO Agent's Rape Prompts National, MO-Based Real Estate Safety Expert ...RealEstateRama (press release)all 2 news articles »
  
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• Kiawah Island Real Estate reports sales volume up 29% through May - Charleston Post Courier

  22-06-2015 12:07
  
  Charleston Post Courier
  Kiawah Island Real Estate reports sales volume up 29% through May
  Charleston Post Courier
  Sales volume is up this year at Kiawah Island Real Estate. File/Brad Nettles/Staff. ×. Kiawah Island Real Estate said its brisk sales for the year extended into May, though it didn't have another $20 million property that changed hands like it did in ...
  
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• South Florida Commercial Real Estate Firm Selects Insider Media Management ... - MarketWatch

  22-06-2015 11:31
  
  South Florida Commercial Real Estate Firm Selects Insider Media Management ...
  MarketWatch
  BOCA RATON, Fla., June 22, 2015 /PRNewswire/ -- There is a new powerhouse in the booming commercial real estate business in South Florida, MSP Group (www.mspgroup.com). The Miami-based firm is owned and operated by Deme Mekras and Elliot ...and more »
  
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• City Launches Real Estate Taxpayer Receipt - Patch.com

  22-06-2015 10:41
  
  Patch.com
  City Launches Real Estate Taxpayer Receipt
  Patch.com
  Purpose is for real estate taxpayers to better understand how City is raising and spending money to help meet community needs. By Mary Ann Barton (Patch Staff) June 20, 2015. Share. 0 Comments. City Launches Real Estate Taxpayer Receipt. The City of ...
  
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• The Uber ruling — a bad ride for real estate's independent contractor status? - Inman.com

  22-06-2015 10:03
  
  The Uber ruling — a bad ride for real estate's independent contractor status?
  Inman.com
  The real estate industry has been focused on Monell v. Boston Pads and Bararsani v. Coldwell Banker because these cases will determine whether the real estate industry will continue to operate using independent contractor status. Two recent rulings ...and more »
  
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• BRIEF-Lander Real Estate terminates cooperation with Macau's Venetian Cotai Ltd - Reuters

  22-06-2015 09:18
  BRIEF-Lander Real Estate terminates cooperation with Macau's Venetian Cotai Ltd
  Reuters
  June 22 Lander Real Estate Co Ltd. * Says terminates cooperation with Macau's Venetian Cotai Ltd. Source text in Chinese: bit.ly/1CnoCUh. Further company coverage: (Reporting by Hong Kong newsroom). Sponsored LinksSponsored Links · Promoted ...
  
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• Real estate records, 6/21/15 - Lincoln Journal Star

  22-06-2015 06:24
  Real estate records, 6/21/15
  Lincoln Journal Star
  Baier, Scott R and Ashley T J to Doernemann, Brian G and Brenda K , 5120 Aylesworth Ave, $123,000. Bair Mason LLC and Mason, Susan Living Trust to Lehms Lincoln LLC, 3210 Superior St., $675,000. Baker, Brian M and Jill M to Butrick, Shane and Terri ...
  
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• Young Australians put savings into holidays rather than real estate - The Guardian

  22-06-2015 06:12
  
  The Guardian
  Young Australians put savings into holidays rather than real estate
  The Guardian
  A third of young Australians say they are saving for travel or a holiday, and only 14% are saving for a house deposit. Photograph: Alamy. Bridie Jabour · @bkjabour. Monday 22 June 2015 00.12 EDT Last modified on Monday 22 June 2015 01.40 EDT.and more »
  
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• Real estate transactions June 22, 2015 - Bradenton Herald

  22-06-2015 06:09
  Real estate transactions June 22, 2015
  Bradenton Herald
  $1,800,000 Cibischino Tracy, Cibischino Luigi to Stella Carmine, Stella Mary, Lot 10 Key Royale, O.R. Book 02573 Page 4065, June 12. $1,306,300 DSB RE Holdings LLC to Frederick LBK LLC, Enclave at Longboat Key Unit C, O.R. Book 02573 Page 2599, ...
  
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• Monday Morning Cup of Coffee: CFPB under the gun again

  22-06-2015 06:01
  
  Today could be a big legal day for housing, as the Supreme Court will determine whether housing policy is subject to the onerous burdens of “disparate impact.” Plus, housing metrics for the week, the mixed outlook on what the Fed will do with rates, more investigations of the CFPB and a whole lot more you won’t want to miss.
  
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• Zillow Group to Sell ActiveRain

  22-06-2015 00:00
  The Ben Kinney family of companies will soon become owners of ActiveRain, promising big things to come for the large blogging platform for the...
  
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• The Richest Town in Every State

  22-06-2015 00:00
  Every state has at least one town with a median household income thousands of dollars higher than the state's median income. Find out your...
  
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• More Buyers Are Out Touring Homes

  22-06-2015 00:00
  "Foot traffic continues to signal a positive summer trend for home sales," according to NAR researchers. 
  
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• Housing Construction Boom Begins This Year?

  22-06-2015 00:00
  New-home construction may finally be on the mend: Housing permits, a gauge of future homebuilding activity, are at a post-crisis high. 
  
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• First-Time Buyers Fuel Latest Sales Boost

  22-06-2015 00:00
  Existing-home sales rose in May to their highest pace in nearly six years, largely attributed to a big rise in the number of first-time home...
  
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• CFPB Probes Bankrate Mortgage Tool

  22-06-2015 00:00
  The Consumer Financial Protection Bureau is investigating Bankrate.com's mortgage rate comparison tool, an investigation that could prove...
  
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