Real estate news

• Dimont announces sweeping senior management changes

  28-07-2015 23:19
  
  Dimont, which divested itself last year from the now-bankrupt Wingspan Portfolio Advisors, announced a series of significant changes to its senior management. Dimont provides insurance-related services and hazard claims insurance processing services to the residential and commercial mortgage industries.
  
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• Quicken Loans adding 1,100 more employees in downtown Detroit

  28-07-2015 22:30
  
  As part of its ongoing efforts to aid in the revitalization of downtown Detroit, Quicken Loans is set to add 1,100 new employees and expand into the former Detroit News building.
  
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• Dodd-Frank dragging down economic recovery, House Committee says

  28-07-2015 22:21
  
  The majority at the House Financial Services Committee says that Dodd-Frank has undermined the economy, hurt homeownership, and contributed to the slowest recovery in history. But other than that, how was the play, Mrs. Lincoln?
  
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• First look: Architect Magazine showcases Fannnie Mae’s new corporate digs

  28-07-2015 22:09
  
  Architect Magazine has the renderings of the proposed new Fannie Mae headquarters, and while it looks pretty, it also looks pretty right for the GSE budget-wise, which is facing Congressional criticism over the issue of CEO compensation.
  
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• First look: Architect Magazine showcases Fannie Mae’s new corporate digs

  28-07-2015 22:09
  
  Architect Magazine has the renderings of the proposed new Fannie Mae headquarters, and while it looks pretty, it also looks pretty right for the GSE budget-wise, which is facing Congressional criticism over the issue of CEO compensation.
  
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• Donald Trump sells Manhattan home for $21 million

  28-07-2015 21:37
  
  Donald Trump took a step away from the presidential election and dabbled in another world that he excels in: real estate.
  
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• This is why loan fraud is running rampant

  28-07-2015 21:00
  
  Loan fraud is rampant and is on the rise. According to the LexisNexis 2014 Mortgage Fraud report, 74% of loans reported in 2013 involved some kind of fraud or misrepresentation versus 69% in 2012. Here are several tips to help combat the issue.
  
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• Judge delays Indian Hill real estate case until 2016 - Cincinnati.com

  28-07-2015 20:13
  
  Judge delays Indian Hill real estate case until 2016
  Cincinnati.com
  Judge Jody Luebbers has delayed until January a civil suit over a $1.2 million Indian Hill real estate deal. She delayed the case because Crysta Pleatman, the main defendant in the Hamilton County Common Pleas Court case, was not in the area and could ...
  
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• CFPB orders Paymap to repay $33.4 million for deceiving customers

  28-07-2015 19:18
  
  The Consumer Financial Protection Bureau announced Tuesday that it is ordering Paymap, a Colorado-based payment processing company, to return $33.4 million to consumers for falsely promising mortgage savings to borrowers who used their biweekly mortgage payment program.
  
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• Fannie Mae: Mortgage lenders unnecessarily restrict credit

  28-07-2015 18:25
  
  Despite pushes from the Federal Housing Finance Agency and the Federal Housing Administration, lenders are still applying additional credit overlays to loans delivered to Fannie Mae and Freddie Mac, a new survey of lenders showed. Here are all the details.
  
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• What China's stock plunge means for US real estate - CNBC

  28-07-2015 17:02
  
  CNBC
  What China's stock plunge means for US real estate
  CNBC
  "Investors in Chinese equity markets will flee to safe assets, and few assets offer the combination of relatively modest risk and high returns as U.S. real estate," says a researcher at Zillow. Diana Olick | @DianaOlick. 3 Mins Ago CNBC.com. SHARES.
  
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• Judge delays Indian Hill real estate case until '16 - Cincinnati.com

  28-07-2015 16:57
  
  Judge delays Indian Hill real estate case until '16
  Cincinnati.com
  Judge Jody Luebbers has delayed until January a civil suit over a $1.2 million Indian Hill real estate deal. She delayed the case because Crysta Pleatman, the main defendant in the Hamilton County Common Pleas Court case, was not in the area and could ...
  
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• Zacks #1 Rank Real Estate Mutual Funds - Zacks.com

  28-07-2015 16:47
  Zacks #1 Rank Real Estate Mutual Funds
  Zacks.com
  Even though real estate has been through tough times recently, securities from this sector should continue to be an integral part of portfolios with a long term horizon. Over the years, mutual funds from this category have continued to perform favorably.
  
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• Real Estate: Pioneer Valley home sales up while median price falls - MassLive.com

  28-07-2015 16:36
  Real Estate: Pioneer Valley home sales up while median price falls
  MassLive.com
  SPRINGFIELD - Sales of single-family homes rose 4.9 percent across the Pioneer Valley in June, according to figures released this week by the Realtor Association of the Pioneer Valley. The number of homes sold in June was 552, a 4.9 percent increase ...
  
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• Gilford Says Don't Believe The Real Estate Hype: Slashes Macy's From Buy To Sell - Benzinga

  28-07-2015 16:28
  Gilford Says Don't Believe The Real Estate Hype: Slashes Macy's From Buy To Sell
  Benzinga
  In a report published Tuesday, Gilford Securities analyst Bernard Sosnick downgraded shares of Macy's, Inc. (NYSE: M) to Sell from Buy following the surge in its stock after Starboard Value announced its belief that shares could be worth $125 if the ...and more »
  
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• Homeownership rate drops to 48-year low

  28-07-2015 15:51
  
  The homeownership rate in the United State in the second quarter declined to of 63.4%, the lowest it has been since 1967. Worried?
  
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• Key housing, mortgage finance bills facing markup in House

  28-07-2015 15:08
  
  A number of bills critical to the housing and mortgage finance industry are under the spotlight today in the House, including limits on regulators, a TRID grace period, a cap on the salaries for the CEOs at Fannie and Freddie.
  
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• Data shows what's hot and not in DC real estate - Washington Post (blog)

  28-07-2015 15:03
  
  Data shows what's hot and not in DC real estate
  Washington Post (blog)
  Tim Savoy, a real estate agent with Coldwell Banker Residential Brokerage in Dupont Circle, writes an occasional column about the Washington-area housing market. We are now a little over halfway through 2015, and the District's real estate market is in ...
  
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• Real estate hits home run - Traverse City Record Eagle

  28-07-2015 14:37
  
  Real estate hits home run
  Traverse City Record Eagle
  TRAVERSE CITY — The northwest Michigan real estate market continues to climb in volume and price. Three-hundred and seven homes were sold in the five-county region in June, with a median selling price of $178,500. Figures show 278 homes sold in ...
  
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• Case-Shiller: Home prices continue rising in May but stall on monthly basis

  28-07-2015 14:19
  
  Home prices continued their rise across the country over the last 12 months, according to the S&P/Case-Shiller Home Price Indices for May 2015. But first-time buyers still aren’t going all in, and May's monthly drop was the biggest since July 2014. What’s the problem?
  
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• Case-Shiller: Home prices continue rising in May

  28-07-2015 14:19
  
  Home prices continued their rise across the country over the last 12 months, according to the S&P/Case-Shiller Home Price Indices for May 2015. But first-time buyers still aren’t going all in. What’s the problem?
  
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• Real Estate News: Christos Lazari, Billionaire Property Investor, Dies of ... - Realty Today

  28-07-2015 14:01
  
  Realty Today
  Real Estate News: Christos Lazari, Billionaire Property Investor, Dies of ...
  Realty Today
  LONDON, ENGLAND - SEPTEMBER 21: The inside of the Battersea Power station on September 21, 2013 in London, England. Hundreds of buildings across London which the public would normally have no access to are this weekend opening their doors as ...and more »
  
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• Real estate transfers for July 28, 2015 - Sharonherald

  28-07-2015 13:38
  
  Real estate transfers for July 28, 2015
  Sharonherald
  Dorian P. and Margaret C. Yeager to Richard E. and Patricia A. Stachel. Property in Pine Township; $310,000. Shadow Lane Properties Inc. to Eddie G. and Leandra Summerlin. Property in Greenville; $69,500. Jeffrey D. Hull and Jessie R. Hull to First ...and more »
  
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• Maine real estate: Sales and prices up - WCSH-TV

  28-07-2015 13:05
  Maine real estate: Sales and prices up
  WCSH-TV
  It's been a busy real estate season in Maine and across the country, sales are up, and prices are up too! Loading… Post to Facebook. Maine real estate: Sales and prices up It's been a busy real estate season in Maine and across the country, sales are ...
  
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• Segro First-Half Profit Rises 51% as Real Estate Values Jump - Bloomberg

  28-07-2015 11:54
  Segro First-Half Profit Rises 51% as Real Estate Values Jump
  Bloomberg
  Segro Plc, the U.K.'s largest publicly traded industrial property owner, said first-half profit rose 51 percent as the value of its real estate increased. Chairman Nigel Rich announced he will step down. Net income rose to 330 million pounds ($514 ...and more »
  
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• Real estate developer new owner of Mall at Steamtown - Citizens Voice

  28-07-2015 10:00
  Citizens Voice
  Real estate developer new owner of Mall at Steamtown
  Citizens Voice
  JAKE DANNA STEVENS / TIMES-SHAMROCK John Basalyga, new owner of the Mall at Steamtown in downtown Scranton, said in a news release he is 'excited and honored to be involved in its future.' A Roaring Brook Township real estate developer and ...
  Roaring Brook Twp. real estate developer buys Mall at SteamtownScranton Times-Tribuneall 13 news articles »
  
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• Paradise Real Estate Hawaii opening at Haleiwa Plantation Shops on Oahu's ... - Pacific Business News (Honolulu)

  28-07-2015 05:23
  
  Paradise Real Estate Hawaii opening at Haleiwa Plantation Shops on Oahu's ...
  Pacific Business News (Honolulu)
  Paradise Real Estate Hawaii has signed a lease to open at the Haleiwa Plantation Shops on Oahu's North Shore, the brokerage firm representing the shops told PBN. The North Shore-based real estate company will be moving to a nearly 500-square-foot unit ...
  
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• Ex-real estate agent once again defending himself at trial - Las Vegas Review-Journal

  28-07-2015 03:54
  
  Las Vegas Review-Journal
  Ex-real estate agent once again defending himself at trial
  Las Vegas Review-Journal
  For the third time in three years, a former real estate agent is defending himself at trial in a mortgage fraud scheme federal prosecutors allege defrauded lending institutions out of more than $24 million. Brett Depue's first trial ended in a hung ...
  
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• Foley Real Estate Boom - WKRG

  28-07-2015 03:41
  
  WKRG
  Foley Real Estate Boom
  WKRG
  FOLEY, AL – There's a lot of renewed excitement surrounding the 500 acre sports tourism and entertainment complex on the Foley Beach Express. It's still officially called Blue Collar Country, but the Poarch Creek Indians, who are now operating the ...
  
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• Tucson Real Estate: Sales and leases - Arizona Daily Star

  28-07-2015 03:16
  
  Tucson Real Estate: Sales and leases
  Arizona Daily Star
  345 East Virginia Avenue LLC bought a 7,500-square-foot office building at 435 E. Ninth St. from Seascape Ventures LLC for $800,000. Paul Hooker, with Picor, represented the seller and Andy Ogan, with Lee & Associates Arizona, represented the buyer.
  
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• Business, real estate groups file lawsuit over Portland 'money-grab' - OregonLive.com

  28-07-2015 01:50
  
  OregonLive.com
  Business, real estate groups file lawsuit over Portland 'money-grab'
  OregonLive.com
  A collection of business and real estate interests has filed a lawsuit to block dramatically higher development fees approved in May by the Portland City Council. The fee hikes, slated to go into effect July 1, 2016, would double and in some cases ...and more »
  
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• The $50,000 Man Cave in the Clouds

  28-07-2015 00:00
  A treehouse is a common addition for homes with kids... but one man decided he wanted one for himself, and when he was done, he had himself a...
  
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