Real estate news

• Freddie Mac offloads more credit risk to insurers

  09-07-2015 23:37
  
  Freddie Mac is continuing in its efforts to limit the taxpayers’ liability by obtaining a number of insurance policies designed to cover much of the remaining credit risk associated with several of its Structured Agency Credit Risk transactions from earlier this year.
  
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• Zillow Group chief financial officer stepping down

  09-07-2015 23:09
  
  The senior management of Zillow Group is about to undergo a bit of shakeup, as Chad Cohen, Zillow Group’s chief financial officer, informed the company that he is resigning to “pursue other business interests.”
  
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• Home sales reach 8-year highs but what comes next?

  09-07-2015 22:37
  
  Housing activity has strengthened in recent months, as gains in both new and existing home sales in May pushed total sales up to their highest level in eight years. But what comes next?
  
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• Open Houses: Powerful or Pointless?

  09-07-2015 22:26
  
  When properly executed, open houses can be one of the best marketing tactics in real estate, not only for listings, but also for agents’ personal branding. However, their usefulness is often a polarizing topic; some find power and practicality in open houses, while others are doubtful of their value. RISMedia wants to know: Are open […]
  
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• Are Millennials sold on using a real estate agent?

  09-07-2015 22:00
  
  Do Millennials, or first-time homebuyers for that matter, want to use a real estate agent? Yes, the majority do, but it's a pretty close call.
  
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• Trial opens in $300M distressed property rehab fraud

  09-07-2015 21:23
  
  Authorities say a married couple oversaw and executed a $300 million fraud involving thousands of investors who were told they would get big profits by purchasing distressed properties in the Florida Keys that would be transformed into luxury vacation resorts.
  
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• Retail real estate research firm retail360 opens - Birmingham Business Journal - Birmingham Business Journal

  09-07-2015 21:01
  
  Birmingham Business Journal
  Retail real estate research firm retail360 opens - Birmingham Business Journal
  Birmingham Business Journal
  The firm, retail360, debuted this week as a full-service marketing and consulting operation, along with its research component, offering services for retailers, restaurants and tenant reps, as well as developers. “With combined experience of over 25 ...
  
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• WATCH: Elizabeth Banks teaches Mortgage Lending 101

  09-07-2015 21:00
  
  What better way to understand the intricacies of mortgage lending than through the simplified words of funny and hysterical actress Elizabeth Banks. Check out this video series on homebuying.
  
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• Marketplace Lenders See Real Estate as Next Big Target | American Banker - American Banker

  09-07-2015 20:34
  
  American Banker
  Marketplace Lenders See Real Estate as Next Big Target | American Banker
  American Banker
  A new crop of P-to-P loan platforms is focusing on commercial real estate loans that get ignored by banks. To continue, please sign in or subscribe. FREE 14-DAY. TRIAL. Full access to banking's most comprehensive daily report; Daily, weekly, and ...
  
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• Hot Summer Equals HOTTER Real Estate Market | Channel 2 News - KWGN.com - Channel 2 News

  09-07-2015 19:53
  
  Channel 2 News
  Hot Summer Equals HOTTER Real Estate Market | Channel 2 News - KWGN.com
  Channel 2 News
  With the summer heating up, so is the real estate market! Chris Mygatt, President of Coldwell Banker Residential Brokerage, explains how his amazing team can help you find the perfect home in any neighborhood, up and down the front range. And Sylvia ...
  Coldwell Banker Real Estate Announces its Own Worldwide 30 Under 30 ...RisMedia.com (press release)all 5 news articles »
  
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• U.S. sues deceased man’s estate to regain fraudulently obtained TARP funds

  09-07-2015 19:47
  
  The United States is suing the estate of a deceased former bank owner, alleging that Layton Stuart, the late president and owner of One Financial Corporation, defrauded the federal government out of $17.3 million in funds from the Trouble Asset Relief Program.
  
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• LGBT buyers still fear discrimination in real estate - Metro Weekly - Metro Weekly

  09-07-2015 19:04
  
  Metro Weekly
  LGBT buyers still fear discrimination in real estate - Metro Weekly
  Metro Weekly
  “We live in a very polarized society politically, and you never know someone until you interact with them,” says Jeff Berger. “There's a fear of being treated poorly, of not being accepted.” Berger, founder of the National Association of Gay and ...
  
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• Will Market Turmoil in China Impact US Real Estate Investment? - NBCNews.com

  09-07-2015 18:41
  
  NBCNews.com
  Will Market Turmoil in China Impact US Real Estate Investment?
  NBCNews.com
  Turmoil in the Chinese stock market could have a quick and direct effect on U.S. housing. From newly built homes in Irvine, Calif., to Miami condos to Manhattan luxury towers, Chinese money has been flowing freely. The question now is, will trouble in ...
  vancouver real estateThe Epoch Timesall 27 news articles »
  
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• Will Market Turmoil in China Impact U.S. Real Estate Investment? - NBC News - NBCNews.com

  09-07-2015 18:41
  
  NBCNews.com
  Will Market Turmoil in China Impact U.S. Real Estate Investment? - NBC News
  NBCNews.com
  Turmoil in the Chinese stock market could have a quick and direct effect on U.S. housing. From newly built homes in Irvine, Calif., to Miami condos to Manhattan luxury towers, Chinese money has been flowing freely. The question now is, will trouble in ...
  China stock market crisis could lead to more real estate investment in B.C ...CBC.ca
  Turmoil in Chinese stock market likely won't affect Va
  
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• CoreLogic: April distressed sales drop to lowest level since 2007

  09-07-2015 18:22
  
  Distressed sales—real estate-owned and short sales—made up 11.1% of total home sales in April, falling to the lowest level for the month of April since 2007. Is this a sign of a larger housing market shift?
  
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• Miami real estate developers sent to prison for $30M mortgage fraud scheme ... - South Florida Business Journal

  09-07-2015 18:03
  
  South Florida Business Journal
  Miami real estate developers sent to prison for $30M mortgage fraud scheme ...
  South Florida Business Journal
  A trio of Miami real estate developers were sentenced to prison time Wednesday for their roles in a $27.8 million mortgage fraud scheme, according to the U.S. Attorney's Office for the Southern District of Florida. Miami residents Stavroula “Stella ...and more »
  
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• Trending Thursday: Do you want the good news or the bad news first?

  09-07-2015 18:00
  
  The FHA cut its premiums and surprise, surprise, there are unintended consequences. Plus, what's the future for Fannie and Freddie? The BPC is talking about it. And is the economy and the housing economy really that strong? Signs point to a solid...read on.
  
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• Texas was the top U.S. commercial real estate market last year | | Dallas ... - Dallas Morning News (blog)

  09-07-2015 17:43
  
  Dallas Morning News (blog)
  Texas was the top U.S. commercial real estate market last year | | Dallas ...
  Dallas Morning News (blog)
  More than $41 billion was spent in the Texas commercial real state market last year. (Tom Fox/The Dallas Morning News). Last year was the best time for commercial real estate in seven years, according to a new study. Related. New report: Commercial ...and more »
  
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• Real Estate In This NYC Neighborhood Is Worth More Than All of New ... - Time - TIME

  09-07-2015 17:35
  
  TIME
  Real Estate In This NYC Neighborhood Is Worth More Than All of New ... - Time
  TIME
  New Yorkers are known for their not-so-subtle indifference to the rest of country. Just think of that famous cartoon, where beyond the Hudson River, a featureless expanse fades into the the Pacific Ocean and a distant sliver marked Japan. When you view ...and more »
  
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• Head's up! There's a housing "bubble" forming in markets beyond San Francisco

  09-07-2015 17:00
  
  Admittedly, the recent article published in HousingWire titled, “San Francisco exhibiting potential signs of a housing bubble,” focuses on one specific anomalous Left Coast housing market. But, this is clearly, in my view, a precursor to more markets, particularly in California, exhibiting the same signs.
  
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• 10 Must Reads for the Commercial Real Estate Industry Today (July 9, 2015 ... - National Real Estate Investor

  09-07-2015 16:59
  
  National Real Estate Investor
  10 Must Reads for the Commercial Real Estate Industry Today (July 9, 2015 ...
  National Real Estate Investor
  Fed Signals It's In No Big Hurry to Raise Interest Rates “The Federal Reserve isn't in as much of a hurry to raise interest rates as many people thought. The central bank admits as much in the minutes of the June policy meeting, which were released ...
  
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• NAREIT and Partners Sponsor University Real Estate Portfolio Challenge ... - reit.com

  09-07-2015 16:46
  
  reit.com
  NAREIT and Partners Sponsor University Real Estate Portfolio Challenge ...
  reit.com
  NAREIT and two other partners are sponsoring the first annual Real Confidence University Portfolio Challenge™, in which teams from 15 universities vie to create the best-performing portfolio from a mixture of real estate investments. Under the terms ...
  
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• Why One Real Estate Agent Lost My $40K Down Payment | MadameNoire - Madame Noire

  09-07-2015 16:37
  
  Madame Noire
  Why One Real Estate Agent Lost My $40K Down Payment | MadameNoire
  Madame Noire
  With NYC rent being as disrespectful as it is, my husband and I have started thinking about buying. After some discussion, we knew that renting no longer served us: we planned to be in NYC for at least the next 10 years, we had minimal debt, and it was ...
  
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• Freddie Mac: Mortgage rates reverse course, drop

  09-07-2015 16:29
  
  Mortgages stopped their upward trend and dropped back down due to global uncertainty, with the 30-year fixed-rate mortgage averaging 4.04% for the week ended July 9.
  
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• Leesburg Real Estate Company Growing At Fast Pace - Leesburg Today Online ... - Leesburg Today

  09-07-2015 16:25
  Leesburg Today
  Leesburg Real Estate Company Growing At Fast Pace - Leesburg Today Online ...
  Leesburg Today
  When Picket Fence Realty LLC was looking for a downtown location to house its operations, the building at 212 S. King St. had a feature that grabbed the owners' attention: a white picket fence in the front yard.
  
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• Longley-Jones Real Estate president, owner dies at 87 | syracuse.com - Syracuse.com

  09-07-2015 15:56
  Syracuse.com
  Longley-Jones Real Estate president, owner dies at 87 | syracuse.com
  Syracuse.com
  A Longley-Jones office, seen in a file photo. The firm's president and principal owner died this week. (Ellen M. Blalock | [email protected]). Print Email · Kevin Tampone | [email protected] By Kevin Tampone | [email protected] The ...
  
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• Biggest Real Estate Projects NYC | Durst Hallets Point - The Real Deal - The Real Deal Magazine (blog)

  09-07-2015 15:13
  
  The Real Deal Magazine (blog)
  Biggest Real Estate Projects NYC | Durst Hallets Point - The Real Deal
  The Real Deal Magazine (blog)
  A supportive housing project in the Bronx, a hotel in Downtown Manhattan and a massive residential project along the Queens waterfront are among this month's biggest newly proposed projects. Most of June's biggest Department of Buildings permit ...
  
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• Real estate agent asks court to dismiss lawsuit over Annapolis area "snake ... - CapitalGazette.com

  09-07-2015 14:44
  
  CapitalGazette.com
  Real estate agent asks court to dismiss lawsuit over Annapolis area "snake ...
  CapitalGazette.com
  Jody and Jeff Brooks talk about their snake problem. Jeff and Jody Brooks bought a home in the Beechwood on the Burley neighborhood in December and moved out in April due to an infestation of snakes. They have gutted most of the home trying to rid the ...and more »
  
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• How green is your city's commercial real estate? CBRE knows | REJournals.com - REjournals.com

  09-07-2015 13:38
  REjournals.com
  How green is your city's commercial real estate? CBRE knows | REJournals.com
  REjournals.com
  cbre green 1 The index – in its second year of publication – charts how much of the commercial square footage for lease in the country's 30 largest markets could be considered green. CBRE considered commercial real estate green when buildings attained ...
  
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• Mortgage settlement monitor credits Chase with $3.3B in consumer relief

  09-07-2015 13:25
  
  National Mortgage Settlement Monitor Joseph Smith released his fifth report on JPMorgan Chase & Co.’s RMBS settlement. Want to know how they're doing and how far they have to go?
  
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• Castleton Park acquired by New York real estate investor | 2015-07-08 ... - Indianapolis Business Journal

  09-07-2015 06:46
  
  Castleton Park acquired by New York real estate investor | 2015-07-08 ...
  Indianapolis Business Journal
  Castleton Park, a 120-acre property containing 31 office buildings, was acquired by New York-based Group RMC, a real estate management company. The local office of CBRE Group Inc., which helped facilitate the sale, announced the deal Wednesday.and more »
  
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• Tech companies, real estate market may feel jolt of China's dropping stock ... - San Jose Mercury News

  09-07-2015 04:00
  
  Tech companies, real estate market may feel jolt of China's dropping stock ...
  San Jose Mercury News
  China's stock market bubble is undergoing an epic deflation -- and few U.S. industries have as big a stake in the potential economic damage as the tech sector that powers Silicon Valley. A growing share of the revenue for some of the valley's premier ...and more »
  
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• Governor: UMass trustees should address president's real estate deal - Metro ... - Boston Globe

  09-07-2015 03:04
  
  Boston Globe
  Governor: UMass trustees should address president's real estate deal - Metro ...
  Boston Globe
  Governor Charlie Baker Wednesday called on the University of Massachusetts board of trustees to address whether the university's president should be allowed to personally profit from a real estate purchase when using a taxpayer-subsidized housing ...and more »
  
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• Will the summer real estate market continue to sizzle? - Democrat and Chronicle - Rochester Democrat and Chronicle

  09-07-2015 02:10
  
  Rochester Democrat and Chronicle
  Will the summer real estate market continue to sizzle? - Democrat and Chronicle
  Rochester Democrat and Chronicle
  When Gail Swiader put her Henrietta home on the market the last week of June, she had no idea what to expect. Within a week, the three-bedroom colonial-style home built in 1983 was sold. The asking price: $180,000. "It was more than what I expected it ...
  
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• 10 Ideas to Make an Unforgettable Score in Real Estate | Lee Davenport - Huffington Post

  09-07-2015 00:20
  
  Huffington Post
  10 Ideas to Make an Unforgettable Score in Real Estate | Lee Davenport
  Huffington Post
  That is because buying a house has changed drastically over the past few years based on the various pressure points of the economy. Does that mean you should sit on the sidelines of the housing market and be a chronic renter or lifelong basement dweller?and more »
  
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• $1.4 billion Ginnie Mae bulk servicing pool available for purchase

  09-07-2015 00:03
  
  A $1.4 billion Ginnie Mae bulk mortgage servicing rights pool is available for purchase, according to The Prestwick Mortgage Group, which is acting as the broker for an independent mortgage company. Here are the details.
  
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• Survey Shows Value of Like-Kind Exchanges

  09-07-2015 00:00
  A new report by NAR showed that the majority of REALTORS®  believe that like-kind exchange tax rules are important to their business.
  
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• Antitrust Claim Against NAR Dismissed

  09-07-2015 00:00
  A federal judge in Maryland dismissed an antitrust case against the National Association of REALTORS®, handing the real estate industry an...
  
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• 4 Ways to Settle Buyer Disagreements

  09-07-2015 00:00
  Here's how you can creatively help your buyers to reach a housing compromise.
  
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