Real estate news

• First-time homebuyers want to skip ‘starter home’

  06-04-2016 23:30
  
  The current state of the market is hard on first time homebuyers, but it is not the only reason these buyers have not moved forward on purchasing a home. Those who have planned out when they will buy a home are more likely to want to buy now.
  
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• It's a great time to buy a home, but no one cares

  06-04-2016 23:15
  
  There are plenty of economic indicators suggesting that now is a good time to buy a home. For starters, interest rates are at all-time lows. But do any of these factors hold value to potential borrowers?
  
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• Housing rights protestors shut down FHFA Director Watt's lecture at Harvard

  06-04-2016 23:09
  
  Federal Housing Finance Agency Director Mel Watt was supposed to give a lecture earlier this week at Harvard Law School, but the event was prematurely canceled amid security concerns as scores of housing rights advocates showed up and repeatedly interrupted Watt.
  
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• These 5 NYC Real Estate Players Are Linked to Offshore Accounts - Curbed NY

  06-04-2016 22:26
  Curbed NY
  These 5 NYC Real Estate Players Are Linked to Offshore Accounts
  Curbed NY
  A rendering of 150 Charles Street. The building's developer was one of the NYC real estate players named in the Panama Papers. UPDATE: The Real Deal misidentified the source of this information, and they've issued a statement to that effect.and more »
  

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• Competitive housing market hits Midwest

  06-04-2016 22:24
  
  The housing shortage seems to have moved to the Midwest as buyers begin struggling to find a home. Biding wars, waived home inspection and other tactics have become necessary in order to place a contract on a home.
  
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• Tech companies losing San Francisco housing war

  06-04-2016 21:23
  
  San Francisco’s market continues to boil, pushing people further outside of the city in search of affordable living. The boom in technology jobs has not been sufficient to sustain the cost of living in what Zillow data shows is the most expensive city to live among the 50 largest cities in the U.S.
  
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• Will HMDA replace TRID as the most dreaded mortgage acronym?

  06-04-2016 21:00
  
  Leading legal and compliance experts at several different HMDA sessions at MBA tech warned attendees that the amount of data and the unprecedented level of transparency that it will give regulators pose heightened compliance risks for banks and mortgage lenders.
  
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• Real estate agent responds to personal profile questions - Austin American-Statesman

  06-04-2016 20:41
  Austin American-Statesman
  Real estate agent responds to personal profile questions
  Austin American-Statesman
  Want more news? Sign up for free newsletters to get more of the Statesman delivered to your inbox. Name: Amani Wang. Immediate family: Married to Victor Wang, director of process technology development at NXP Semiconductors; Courtney, age 19 and ...
  

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• Elderly couple declines Augusta National's 7-figure home offer

  06-04-2016 19:45
  
  Over the years, the Augusta National Golf Club spent more than $40 million to purchase homes to create free parking for the crowds who gather for the Masters once a year. The Masters tournament keeps expanding, but the parking lot does not. And that's down to one, elderly and utterly unsympathetic couple.
  
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• Landmark PHH court battle against CFPB about to begin

  06-04-2016 19:05
  
  You can count on one hand the mortgage companies that fought back against the CFPB. The latest one, PHH, has a case, but whether it will win its battle against the big guy is still hard to say. Either way, it will all kick off on April 12.
  
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• Freddie Mac partnering with Hope LoanPort to 'modernize' housing counseling

  06-04-2016 18:55
  
  Freddie Mac is partnering with Hope LoanPort to take the first step in connecting Freddie Mac’s Borrower Help Centers and Borrower Help Network to a 'comprehensive, secure platform.' Non-profit housing agencies can now use the platform to share information and interact with lenders to help more families become successful borrowers.
  
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• Survey shocker: Nearly every credit union suffers TRID mortgage closing delays

  06-04-2016 17:55
  
  Callahan & Associates surveyed 203 credit union executives from 46 states to evaluate the impact of TRID. They found a majority of them experienced closing delays, sometimes up to six months. Here are the 4 reasons why this is happening.
  
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• Realtors: Here's how you will beat the competition

  06-04-2016 17:00
  
  It’s peak shopping season, the prime time that a real estate can reap a lot of rewards and success. But in a market saturated with competition, are you differentiating yourself? The president of Keller Williams gives his own formula on how to outpace the competition.
  
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• Drone Video Finds a Solid Fit in the Real Estate Industry - Newsmax

  06-04-2016 13:08
  Newsmax
  Drone Video Finds a Solid Fit in the Real Estate Industry
  Newsmax
  With new listings hitting the rental market daily, property managers nationwide are looking for ways to distinguish their property from the competition. In some cases, drone video is the latest technology they are using to set themselves apart. “Using ...
  

• MBA: Refinance demand making a comeback?

  06-04-2016 13:05
  
  Given recent comments from the Fed, spring home-buying season and low interest rates, there are a lot of factors at play in the housing market. As a result, only one week after reporting that refinance demand was dwindling, it managed to bounce back. And according to a recent report, there is still a lot of untapped potential in the refinance market.
  
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• BRIEF-Maoye Commercial acquires stake in real estate firm for 1.6 bln yuan - Reuters

  06-04-2016 10:07
  BRIEF-Maoye Commercial acquires stake in real estate firm for 1.6 bln yuan
  Reuters
  April 6 Maoye Commercial Co Ltd. * Says it acquires 70 percent stake in commercial real estate firm Victory Group for 1.57 billion yuan ($242.39 million). Source text in Chinese: bit.ly/22bANje. Further company coverage: ($1 = 6.4772 Chinese yuan ...
  

• Old City Hall removed from real estate listings - Pamplin Media Group

  06-04-2016 10:02
  Pamplin Media Group
  Old City Hall removed from real estate listings
  Pamplin Media Group
  INDEPENDENT FILE PHOTO: TYLER FRANCKE - Old Woodburn City Hall and an adjacent property are The old City Hall building in downtown Woodburn has been taken off commercial real estate listings, after being posted for sale in September.
  

• Son-in-law of Trump is a real estate investor, newspaper owner and effective informal adviser - The Japan Times

  06-04-2016 08:20
  The Japan Times
  Son-in-law of Trump is a real estate investor, newspaper owner and effective informal adviser
  The Japan Times
  NEW YORK – Before introducing Donald Trump to a dozen Republican lawmakers at the Washington law offices of Jones Day, Sen. Jeff Sessions paused to acknowledge the man he said had facilitated the closed-door talks. He said Jared Kushner, ...and more »
  

• How racist is SA's real estate industry? - Independent Online

  06-04-2016 08:15
  Independent Online
  How racist is SA's real estate industry?
  Independent Online
  Given the recent spate of racism and discrimination that surfaced in South Africa, the Estate Agency Affairs Board (EAAB) is conducting a survey to determine and assess the level of racism and discrimination within the real estate value industry.
  

• MAS Real Estate grows portfolio in German deal - BDlive

  06-04-2016 06:08
  MAS Real Estate grows portfolio in German deal
  BDlive
  EUROPEAN-focused MAS Real Estate has acquired a portfolio of 20 buildings through a sale and leaseback arrangement from major German food retailer Edeka-Miha. "We negotiated for nine months to complete what we feel is a very strong deal for us.
  

• Donald Trump Settled a Real Estate Lawsuit, and a Criminal Case Was Closed - New York Times

  06-04-2016 04:23
  New York Times
  Donald Trump Settled a Real Estate Lawsuit, and a Criminal Case Was Closed
  New York Times
  The Trump SoHo building, a 46-story luxury condominium-hotel in Lower Manhattan. Credit Todd Heisler/The New York Times. For Donald J. Trump, it is a long-held legal strategy, if not a point of pride, to avoid knuckling under to plaintiffs in court. “I ...
  

• Outside the Kitchen: Starboard Also Prevailed on Darden Real Estate - Wall Street Journal (blog)

  06-04-2016 03:48
  Wall Street Journal (blog)
  Outside the Kitchen: Starboard Also Prevailed on Darden Real Estate
  Wall Street Journal (blog)
  In Starboard Value LP's efforts to transform Darden Restaurants, not all the changes happened inside the kitchen. The most distinct difference at Darden after the activist tossed the entire board came instead from selling the land around them: the ...and more »
  

• A new glossy look for Vision Real Estate - Newbritainherald

  06-04-2016 03:34
  A new glossy look for Vision Real Estate
  Newbritainherald
  FARMINGTON — Vision Real Estate now has its own magazine featuring homes for sale and information on the buying and selling services the company has to offer. “We're really excited about that and did a lot of work putting it together,” said Rick ...and more »
  

• Schneiderman subpoenas parties linked to Manhattan real estate deal - Capital New York

  06-04-2016 02:28
  Capital New York
  Schneiderman subpoenas parties linked to Manhattan real estate deal
  Capital New York
  The city's top lobbyist, a nursing home operator and a property appraisal firm are among those who have been subpoenaed by New York State Attorney General Eric Schneiderman as part of an investigation he has opened into an ongoing city land use ...
  

• Police: Yorba Linda man stole more than $500000 in real estate scheme - OCRegister

  06-04-2016 01:49
  OCRegister
  Police: Yorba Linda man stole more than $500000 in real estate scheme
  OCRegister
  Andres Pacheco, 39, of Yorba Linda was arrested by Santa Ana police detectives on suspicion of real estate fraud. COURTESY OF THE SANTA ANA POLICE DEPARTMENT. By LOUIS CASIANO Jr. / STAFF WRITER. Facebook; Twitter; Email; Comments ...
  OC real estate broker suspected of stealing $500K from clientsMyNewsLA.comall 2 news articles »
  

• REAL ESTATE: Inland home prices expected to keep rising - Press-Enterprise

  06-04-2016 01:12
  Dallas Morning News
  REAL ESTATE: Inland home prices expected to keep rising
  Press-Enterprise
  An improving economy and a low number of homes for sale boosted Inland existing house prices 6.6 percent in the year ending in February, according to the CoreLogic Home Price Index released Tuesday. The report included CoreLogic's forecast indicating ...
  Area home prices surge year over yearNashville Post (subscription)all 24 news articles »
  

• Condos in short supply downtown as real estate market changes - Fox 59

  06-04-2016 00:47
  Fox 59
  Condos in short supply downtown as real estate market changes
  Fox 59
  INDIANAPOLIS, Ind. (April 5, 2016)-- Throughout downtown Indianapolis, construction cranes dot the skyline as crews on the ground are building retail, office space and lots of apartments, but professionals and empty-nesters looking to move to and own ...and more »
  

• Portland real estate market flourishing - WMTW Portland

  06-04-2016 00:32
  WMTW Portland
  Portland real estate market flourishing
  WMTW Portland
  AND WE'RE NOT TALKING ABOUT THE REAL ESTATE MARKET IS ON FIRE IN MAINE'S LARGEST CITY. IN MANY CASES, HOMES ARE BEING SNAPPED UP EVEN BEFORE THEY HIT THE MARKET. SOME SAYING THE CURRENT MARKET ...
  

• Fitch: Texas homes overvalued by 10% to 15%

  06-04-2016 00:07
  
  Rising home prices in Texas continue to grow at a more rapid rate than income growth, creating an overvaluation of 10% to 15%. After about several years of consecutive price increases, the market in Dallas became overvalued in 2014, and in Houston 2013.
  
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• Stage a Baby Boomer Home the Millennial Way

  06-04-2016 00:00
  Millennials and baby boomers differ quite a bit on housing tastes. So how can you take a baby boomer home and make it fit for a millennial? Here...
  
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• Ocwen, NAACP Offer Owners ‘Help & Hope’

  06-04-2016 00:00
  “The housing crisis is not over for many borrowers, especially those in African-American communities and communities of color,” says a...
  
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• NW Dominates Home Price Increases

  06-04-2016 00:00
  Some pockets across the country are seeing home prices accelerate by nearly twice the national average. 
  
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• Mortgage Applications Up 2.7% on Refi Push

  06-04-2016 00:00
  Home owners were in a rush to unlock savings last week as mortgage rates took a dive. 
  
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• Help Buyers Add Up Extra Costs of Ownership

  06-04-2016 00:00
  Are your home buyers prepared for all of the costs of home ownership? Give them this helpful list to encourage them to plan...
  
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