Real estate news

• Defendant misses Indian Hill real estate case - Cincinnati.com

  27-07-2015 23:19
  
  Cincinnati.com
  Defendant misses Indian Hill real estate case
  Cincinnati.com
  In her 20 plus years working in the court system, Judge Jody Luebbers said she has never witnessed anything like she did Monday. Crysta Pleatman, the defendant in a Hamilton County Common Pleas Court civil suit over a $1.2 million Indian Hill real ...
  
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• The two biggest challenges plaguing the appraisal industry

  27-07-2015 23:10
  
  There are two major challenges that the appraisal industry is dealing with. In an interview with HousingWire, Scott Pickell, vice president and chief appraiser at LRES, discussed recent hurdles appraisers are facing, focusing on compliance and new appraisers.
  
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• What's Up, Doc? Bugs Bunny, the Real Estate Agent - Realtor.com News

  27-07-2015 23:06
  
  Realtor.com News
  What's Up, Doc? Bugs Bunny, the Real Estate Agent
  Realtor.com News
  Seventy-five years ago today we first heard the words, “What's up, Doc?” Bugs Bunny made his animated debut in a 1940 Tex Avery cartoon called “A Wild Hare,” reports Time magazine in a history of the beloved rabbit, in honor of his birthday. “Bugs was ...and more »
  
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• Mind the Gap: Hot Market for Midlevel Real Estate Associates - Daily Report (registration)

  27-07-2015 22:30
  
  Daily Report (registration)
  Mind the Gap: Hot Market for Midlevel Real Estate Associates
  Daily Report (registration)
  While many associates still face sluggish demand for their services, midlevel real-estate associates have become a hot commodity—and there aren't many out there. "The demand is off the chart. Every client wants them," said legal recruiter Raj Nichani ...
  
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• Here are 3 technology needs of smaller companies managing REO assets

  27-07-2015 22:30
  
  After the foreclosure crisis, most of the industry focused on the larger companies, which is still true today. However, there are three needs that smaller companies have that larger ones usually do not. Here are those three.
  
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• Mortgage trades join to urge formal TRID hold-harmless period

  27-07-2015 22:20
  
  More than 20 real estate industry trade groups joined together Monday in support of HR 3192, the Homebuyer Assistance Act, which will provide a hold-harmless period for enforcement of TRID for those that make good-faith efforts to comply.
  
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• NY state senator convicted in foreclosure embezzlement scheme

  27-07-2015 21:39
  
  New York State Senator John Sampson, D-Brooklyn, was convicted by a federal jury for one count of obstruction of justice and two counts of making false statements to federal agents related to his practice of embezzling foreclosure funds.
  
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• Auction.com: Existing-home sales continue surge in July

  27-07-2015 21:34
  
  Guess what? The good times aren't over yet. Existing-home sales in July are expected to continue their upsurge, according to Auction.com’s July Real Estate Nowcast. And prices are expected to hit a new record...again.
  
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• Steady Job Growth Underpins US Office Real Estate - Institutional Investor

  27-07-2015 21:15
  Steady Job Growth Underpins US Office Real Estate
  Institutional Investor
  The office market is strongest in cities with a big knowledge-based and technology workforce, although open-plan offices are tempering demand. By Dan Weil. Downtown Raleigh, North Carolina, one real estate office market on the rise thanks to job growth.
  
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• Zillow and Trulia reportedly integrating real estate agent profiles - Inman.com

  27-07-2015 21:05
  
  Zillow and Trulia reportedly integrating real estate agent profiles
  Inman.com
  Are you set up for success in 2016? Join 2,500 real estate industry leaders Aug. 4-7, 2015, at Inman Connect in San Francisco. Get Connected with the people and ideas that will inspire you and take your business to new heights. Register today and save ...and more »
  
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• New Hampshire Supreme Court acknowledges MERS’ role under state law

  27-07-2015 20:49
  
  MERS strikes again. The Supreme Court of New Hampshire ruled in favor of New York Community Bank, finding that as assignee of MERS, it was authorized to foreclose.
  
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• NAFCU urges the FHFA to not decrease the conforming loan limit

  27-07-2015 20:06
  
  The National Association of Federal Credit Unions is urging the Federal Housing Finance Agency to keep the conforming loan limit at its current level and not drop it below the current baseline rate of $417,000 because the market isn't strong enough yet. What do you think?
  
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• NAFCU urges the FHFA to leave the conforming loan limit alone

  27-07-2015 20:06
  
  The National Association of Federal Credit Unions is urging the Federal Housing Finance Agency to keep the conforming loan limit at its current level and not drop it below the current baseline rate of $417,000 because the market isn't strong enough yet. What do you think?
  
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• Scammer gets five years in prison for selling fraudulent ‘TARP-owned’ foreclosures

  27-07-2015 19:57
  
  A California man will spend the next five-plus years in federal prison for presenting himself as a representative of the government and leading a scheme that sold what he fraudulently claimed were “TARP-owned” properties to individuals.
  
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• HomeUnion continues to expand

  27-07-2015 19:27
  
  HomeUnion announced another expansion, adding five major metros into its list of active investment markets. As the rental market continues to grow,Don Ganguly, CEO of HomeUnion, said that he sees high profit for the single-family rental market.
  
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• Bank of America CFO’s exit reportedly linked to desire to lead company

  27-07-2015 19:22
  
  Bank of America shocked the market a bit last week, when it announced the departure of Bruce Thompson, the bank’s chief financial officer and chief risk officer, without a great deal of explanation as to why Thompson was leaving. Now, a Reuters report sheds some light onto the supposed reason that Thompson is stepping down.
  
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• Castle & Cooke partners with Optimal Blue

  27-07-2015 18:49
  
  Optimal Blue, a cloud-based provider of managed-content, pricing and product eligibility, secondary marketing, consumer engagement, data and analytics, and compliance services, announced a partnership to provide a pricing engine for Castle & Cooke’s new mortgage origination system.
  
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• Wary Chinese investors are ditching stocks for real estate - Quartz

  27-07-2015 18:29
  
  Wary Chinese investors are ditching stocks for real estate
  Quartz
  The Chinese government's determined efforts to recreate a bull market in stocks—perhaps we should call it a mechanical bull?—are getting pretty bumpy, as the Shanghai Composite's 8.5% drop today attests. If Beijing is hoping for ordinary investors to ...
  
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• Crain's Real Estate Forum to feature Ventas CEO - Crain's Chicago Business

  27-07-2015 17:58
  Crain's Real Estate Forum to feature Ventas CEO
  Crain's Chicago Business
  Ventas CEO Debra Cafaro is the featured guest for the next Crain's Real Estate Forum. The event is slated for Thursday, Sept. 17, at the Standard Club, 320 S. Plymouth Court. Cafaro has been CEO since 1999 and chairman since 2003 of Chicago-based ...
  
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• Triangle ranked 2nd best life sciences real estate market in US - News & Observer

  27-07-2015 17:15
  
  Triangle ranked 2nd best life sciences real estate market in US
  News & Observer
  A new report by real estate firm JLL ranks the Triangle as the second best real estate market in the U.S. for the life sciences industry, behind only Boston. The Triangle was ranked fourth in last year's report, but has since moved ahead of San ...and more »
  
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• Weiss Residential: Nearly half of homes in top markets losing value

  27-07-2015 16:33
  
  Weiss says its data shows where the next housing crash will start and what kind of homes — right down to the age, size and price. Are we already in trouble?
  
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• Weiss Residential: Here's where the next housing crash will start

  27-07-2015 16:33
  
  Weiss says its data shows where the next housing crash will start and what kind of homes — right down to the age, size and price, will be affected. Are we already in trouble?
  
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• Christos Lazari, Cyprus-Born London Real Estate Billionaire, Dies at 69 - Forbes

  27-07-2015 16:19
  
  Forbes
  Christos Lazari, Cyprus-Born London Real Estate Billionaire, Dies at 69
  Forbes
  Christos Lazari, a poor Cyprus emigrant turned billionaire property investor, died of a heart attack in his London home on Monday, the Cyprus News Agency reported. He was 69. At age 16, he left his village with £20 in his pocket to build a new life in ...and more »
  
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• Black Knight: Home prices approach pre-crisis peak

  27-07-2015 10:01
  
  Black Knight’s latest Home Price Index report, based on May 2015 residential real estate transactions, showed that the U.S. HPI is now just 6.5% off the June 2006 peak of $268,000, and up over 25% from the market’s bottom.
  
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• Monday Morning Cup of Coffee: Mortgage lenders "routing" homebuyers to FHA?

  27-07-2015 06:01
  
  Lower credit scores are leading to higher mortgage costs, according to an article in the Seattle Times. There is a new opinion, separate from the many who view last month’s Supreme Court decision on “disparate impact” as a negative. Also, it’s time for the nonbanks to start weighing in on their earnings.
  
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• What Home Buyers With Disabilities Want

  27-07-2015 00:00
  A new survey by Century 21 reveals "a critical need" for real estate professionals to understand the particular needs and unique...
  
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• The 8 Biggest Concerns for REALTORS®

  27-07-2015 00:00
  REALTORS® are "strongly confident" about the housing market's outlook, but confidence has eased somewhat since the beginning of...
  
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• New-Home Sales Dip to 7-Month Low

  27-07-2015 00:00
  Sales of newly built single-family homes fell to the lowest level since last November, but builders remain upbeat that the housing recovery is...
  
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• How to Improve Your Presentation Skills

  27-07-2015 00:00
  Whether hosting a buyer or seller seminar or making a sales pitch at your next listing presentation, use these tips to strengthen your speaking...
  
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• History Buffs Can Snag Civil War-Era Homes

  27-07-2015 00:00
  Out of 1.8 million active listings in the U.S. at the end of May, more than 32,000 were on or near one of about 300 Civil War battle sites....
  
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• Booming Rental Market Sets New Records

  27-07-2015 00:00
  The rental market reached new highs in June as rental prices continued to surge.
  
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