Real estate news

• Realities of Real Estate: The benefits of home ownership aren't just financial - CapitalGazette.com

  02-10-2015 23:34
  CapitalGazette.com
  Realities of Real Estate: The benefits of home ownership aren't just financial
  CapitalGazette.com
  In past columns, we've talked a lot about the financial advantages of home ownership. Even with the massive swings we've seen for real estate, home ownership, over time, remains one of the most secure ways to build long term wealth. The combination of ...
  

• Ex-NFL star sentenced to five years in prison for mortgage fraud

  02-10-2015 23:04
  
  Irving Fryar, who spent 16 years in the National Football League, starring for the New England Patriots, Miami Dolphins and Philadelphia Eagles during his career, will spend the next five years in prison after being convicted for his part in a scheme that involved taking out six home equity loans his mother’s home – at the same time.
  
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• Mortgage modification fraudsters sent to prison for massive HAMP scheme

  02-10-2015 22:03
  
  A group of California residents who were convicted of stealing more than $7 million from struggling homeowners as part of a mortgage modification scheme received their sentencing this week, with the leader of the scam being handed a 20-year sentence.
  
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• Tightening inventory helps flagging housing market

  02-10-2015 21:46
  
  House prices are picking up again on the back of a very tight housing market, but there may be problems in the meanwhile.
  
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• Real Estate's Martin Courtney Made a Solo Record Because He Couldn't Think of ... - SPIN

  02-10-2015 20:41
  SPIN
  Real Estate's Martin Courtney Made a Solo Record Because He Couldn't Think of ...
  SPIN
  Mark 2015 as the year of the Real Estate solo album. To date, frontman Martin Courtney has mostly chilled out during the downtime following last year's Atlas, since songs for that band already bear his voice and perspective. But flashy lead guitarist ...
  

• Real estate tech startup could give industry 'a slap in the face' - Boston Business Journal

  02-10-2015 20:03
  Real estate tech startup could give industry 'a slap in the face'
  Boston Business Journal
  Bob Samii, a Greater Boston native and founder of Newton-based digital marketing agency inMotion Real Estate Media, has launched a real estate marketing platform to help commercial properties have a better online presence. SharpLaunch.com, a spinoff ...
  

• Opinion: Can real estate be commoditized like Tesla-style cars? - Inman.com

  02-10-2015 20:00
  Opinion: Can real estate be commoditized like Tesla-style cars?
  Inman.com
  Nils Kok, the CEO and co-founder of GRESB, seems to be a genuine believer in an industry often dominated by late entrants into new technology; hence, the whole concept of introducing Telsa-style buildings to the real estate industry is taken with ...and more »
  

• Experian hacked: 15 million people’s credit data stolen in breach

  02-10-2015 19:57
  
  Joining an inauspicious list that includes Home Depot and Target, Experian, one of the nation’s three largest credit reporting agencies, is the latest target of a data breach, resulting in the theft of the personal data of more than 15 million people.
  
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• Housing experts explain September's hot mess jobs report

  02-10-2015 19:28
  
  Earlier Friday the September employment situation report from the Census Bureau showed new job creation cratering to a weak 142,000, and while the whole report is a hot mess, there are a few buried bits of potentially good news in the data points. Want to know what they are?
  
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• NAR president: Realtors ready for TRID, but grace period welcome

  02-10-2015 18:36
  
  The new the new TILA-RESPA Integrated Disclosure rule goes into effect on Oct. 3, and the National Association of Realtors thinks its members will be ready. Nonetheless, giving the industry a grace period couldn't hurt. But we aren't quite there, yet.
  
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• New Residential to repay $2.5B in mortgage servicer advances

  02-10-2015 18:25
  
  Citing an “inadvertent” oversight in a previous downgrade of Ocwen Loan Servicing servicer rankings, Standard & Poor’s announced earlier this week that it was lowering its ranking of Ocwen as a residential mortgage master servicer from “above average” to “below average.” And that move triggered a massive payback from New Residential.
  
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• Broker has passion for real estate - The Tennessean

  02-10-2015 17:02
  The Tennessean
  Broker has passion for real estate
  The Tennessean
  Corbi Parker, broker, Benchmark Realty. Corbi Parker/The Corbi Parker Team. 318 Seaboard Lane, Suite 115, Franklin 37067. Direct: 615-430-4477. Main office: 615-371-1544. www.thecorbiparkerteam.com. Years in business: 11-plus. Describe the ...
  

• Real Estate Notebook: Boca Raton apartments fetch $81.7 million - Sun Sentinel

  02-10-2015 16:42
  Sun Sentinel
  Real Estate Notebook: Boca Raton apartments fetch $81.7 million
  Sun Sentinel
  A Texas-based trust paid $81.7 million for the Mark at Cityscape, a 208-unit apartment complex in Boca Raton, public records show. Monogram Residential Trust bought the property from Ram Realty Services of Palm Beach Gardens. The 12-story complex at ...and more »
  

• Multifamily mortgage debt tops $1 trillion in 2Q

  02-10-2015 15:48
  
  With growing demand, rising rents and increased income, multifamily mortgage debt rose to $1 trillion in the second quarter. This chart from MBA shows what's happening and where it may be headed.
  
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• Would you pay $5K for an Atlanta real estate agent you never see? - Atlanta Journal Constitution

  02-10-2015 14:26
  Atlanta Journal Constitution
  Would you pay $5K for an Atlanta real estate agent you never see?
  Atlanta Journal Constitution
  Want more news? Sign up for free newsletters to get more of the AJC delivered to your inbox. Who would hire a real estate agent who never bothers to see their home? A new Atlanta startup has launched to convince you to do just that, hoping to tap into ...and more »
  

• Here's what today's job creation implosion means for housing and mortgage finance

  02-10-2015 13:50
  
  The likelihood of a Federal Reserve interest rate hike in 2015 just got even more unlikely, with September job creation cratering to a weak 142,000, well below analyst expectations. Here's what it means for housing and what it portends for the larger economy.
  
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• Lawsuit claims real estate honcho violently abused, raped girlfriend - New York Post

  02-10-2015 07:06
  New York Post
  Lawsuit claims real estate honcho violently abused, raped girlfriend
  New York Post
  A jealous Soho real estate investor subjected his much younger girlfriend to a campaign of rape, bondage and humiliation, a shocking new lawsuit charges. “I want you to suffer like Hitler made people suffer,” Steve Kogut, 60, would seethe as he ...
  Real Estate Tycoon Sued For Raping and Abusing Girlfriend, Reportedly Compared ...Wetpaintall 5 news articles »
  

• New Iowa City-based real estate firm opens - Iowa City Press Citizen

  02-10-2015 01:58
  Iowa City Press Citizen
  New Iowa City-based real estate firm opens
  Iowa City Press Citizen
  Thirty-five local Realtors have partnered to form a new real estate firm, which opened its doors Thursday in Iowa City. Urban Acres, 1519 S. Gilbert St., is an independent, member-owned company specializing in residential, commercial and investment ...and more »
  

• Tips for International Closing Gift Success

  02-10-2015 00:00
  If you're planning to work with international clients, it's important to be aware that your perfect closing gift idea might not be...
  
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• Resources to Navigate the New Mortgage Rules

  02-10-2015 00:00
  New mortgage rules roll out on Oct. 3 and they’re expected to have sweeping changes on real estate closings. Here is a list of resources to...
  
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• Move Acquisition Takes Entire Transaction Online

  02-10-2015 00:00
  The latest acquisition by Move Inc., the operator of realtor.com®, aims to allow real estate professionals to simplify the transaction process...
  
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• Make an Impact in the Industry

  02-10-2015 00:00
  Become an influencer and gain more clout in real estate. Here are some ways you can do it. 
  
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• For 10 Weeks, Mortgage Rates Stay Below 4%

  02-10-2015 00:00
  Thirty-year fixed-rate mortgages continue to hold below 4 percent, often an attractive lure for home buyers and refinancers. 
  
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• Facebook Revamps the Look of Your Profile

  02-10-2015 00:00
  You’ll soon be able to grab more attention with your Facebook profile with the addition of video for your profile picture and new...
  
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