Real estate news

• Here are the changes coming to MISMO membership structure

  06-06-2016 23:52
  
  The Mortgage Industry Standards Maintenance Organization unveiled a new plan to promote greater participation. Starting next year, it will simplify its membership structure to support broader participation in the creation and use of standards across the mortgage industry lifecycle.
  
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• Zillow to pay $130M to settle lawsuit with Move over alleged trade secret theft

  06-06-2016 23:34
  
  One of the most contentious battles in history of online real estate is now over, as Zillow announced Monday that it reached a settlement with Move over allegations of trade secret theft levied against two high-level executives at Zillow who once plied their craft at Move. And all it took was $130 million. Click the headline for the full story.
  
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• Real estate madness infects the suburbs; Poco councillor says governments aren't doing enough - CKNW News Talk 980

  06-06-2016 22:56
  
  Real estate madness infects the suburbs; Poco councillor says governments aren't doing enough
  CKNW News Talk 980
  Even the big banks in Canada are saying it's a problem, asking the feds last week to step in and cool off the market. READ MORE: Canada's big banks ask feds to take action on red-hot housing market. Just this past weekend Mayor Robertson was calling ...and more »
  
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• In this sizzling hot real estate market, should a downtown developer get tax breaks? - 89.3 KPCC

  06-06-2016 22:56
  
  89.3 KPCC
  In this sizzling hot real estate market, should a downtown developer get tax breaks?
  89.3 KPCC
  The downtown Los Angeles real estate market is sizzling hot. Even so, the Los Angeles city council voted unanimously Friday to give almost $200 million worth of tax subsidies to a developer. Photo by Brendan Biele via Flickr Creative Commons. 73703 ...
  
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• Anbang's Wu Cancels Appearance at NYC Real Estate Conference - Bloomberg

  06-06-2016 22:52
  
  Bloomberg
  Anbang's Wu Cancels Appearance at NYC Real Estate Conference
  Bloomberg
  Anbang Insurance Group Co.'s Wu Xiaohui canceled a speaking engagement at the National Association of Real Estate Investment Trusts' annual conference being held at the Waldorf Astoria hotel in New York this week. Wu, who was scheduled to speak ...and more »
  
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• BRIEF-Pure Industrial Real Estate Trust offering $110 mln of trust units - Reuters

  06-06-2016 22:41
  
  BRIEF-Pure Industrial Real Estate Trust offering $110 mln of trust units
  Reuters
  June 6 Pure Industrial Real Estate Trust. * Pure Industrial Real Estate Trust announces public offering of $110 million of trust units. * To use net proceeds for repayment of existing indebtedness, to fund planned development project in Vancouver. * To ...
  
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• Commercial real estate insiders weigh in on Fast Track PILOT - Memphis Business Journal

  06-06-2016 22:03
  Commercial real estate insiders weigh in on Fast Track PILOT
  Memphis Business Journal
  Memphis now has a ride aboard the “fast track” to commercial real estate development, and a few of its conductors are weighing in on the trip ahead. Subscribe to get the full story. Already a subscriber? Sign in. Subscribe to get the full story ...
  
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• Lacey commercial real state company creates new division - The Olympian

  06-06-2016 21:41
  
  Lacey commercial real state company creates new division
  The Olympian
  Prime Locations, a Lacey-based commercial real estate company, has created a new division with some well-known leaders in the community. Troy Dana, best known recently as the sellers' broker for the former Olympia brewery property, has been named ...
  
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• Lacey commercial real estate company creates new division - The Olympian

  06-06-2016 21:41
  
  The Olympian
  Lacey commercial real estate company creates new division
  The Olympian
  Prime Locations, a Lacey-based commercial real estate company, has created a new division with some well-known leaders in the community. Troy Dana, best known recently as the sellers' broker for the former Olympia brewery property, has been named ...
  
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• Watch: Drone is used for virtual real estate tours - SILive.com

  06-06-2016 21:24
  
  SILive.com
  Watch: Drone is used for virtual real estate tours
  SILive.com
  See drone footage by Sky View Pros Sky View Pros creates virtual tours for luxury residential real estate and commercial properties in Long Island, New York, and New Jersey. (Courtesy of Sky View Pros). Print Email · Tracey Porpora | porpora@siadvance.
  
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• Realities of Real Estate: We need to beware of the next bubble - CapitalGazette.com

  06-06-2016 21:14
  
  CapitalGazette.com
  Realities of Real Estate: We need to beware of the next bubble
  CapitalGazette.com
  Rampant speculation and the subsequent asset bubble that follows is not a modern invention. In fact, one of the most severe bubbles took place way back in the 1630's and was generated, by of all things, tulip bulbs. In Holland, the price of tulips ...
  
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• Credit union lending up despite consolidation

  06-06-2016 21:13
  
  Despite having 252 less credit unions this year, membership is still up about 1 million from last year. Here’s the details about real estate loans, delinquencies and what could be causing some credit unions to close down.
  
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• Laney Real Estate sales division merges with Century 21 Sweyer - Greater Wilmington Business Journal

  06-06-2016 20:34
  
  Greater Wilmington Business Journal
  Laney Real Estate sales division merges with Century 21 Sweyer
  Greater Wilmington Business Journal
  Jeff Sweyer (from left), owner of Century 21 Sweyer & Associates, and George Laney, owner of Laney Real Estate Co., announced Monday that Laney's sales division has merged with Sweyer & Associates. (Courtesy of Century 21 Sweyer & Associates).
  
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• Guild Mortgage continues expansion, acquires AmeriPro Home Loans

  06-06-2016 20:27
  
  Guild Mortgage announced Monday that it is acquiring AmeriPro Home Loans, a move that San Diego-based lender says will make it "one of the largest independent mortgage lenders in Texas." Read on to learn why executives at both companies feel that this deal is mutually beneficial.
  
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• Yellen: Rate hike coming when inflation goes up

  06-06-2016 20:16
  
  After the jobs report came in with incredibly low numbers on Friday, many questioned whether there would still be a rate hike this summer. According to comments made Monday by Janet Yellen, there is still a good possibility. Here's what she said about the jobs report, and what it means for the economy.
  
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• The CFPB needs to fix this title insurance issue with TRID

  06-06-2016 20:15
  
  The Consumer Financial Protection Bureau shocked the industry when it announced it would take another look at the Know Before You Owe rule. And now with the bureau accepting comments and feedback on it, the American Land Title Association is quick to bring up a glitch it sees in title disclosures.
  
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• Technology is Changing the Role of the Real Estate Agent - CNBC

  06-06-2016 20:08
  
  CNBC
  Technology is Changing the Role of the Real Estate Agent
  CNBC
  It may be hard to conceptualize, especially for first-time home buyers or those yet to embark on buying their first home, but 15 years ago, the real estate market was a different beast, information wise. When records used to be buried in file folders ...
  
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• Real estate sales up 12% - Winnipeg Sun

  06-06-2016 20:02
  
  Winnipeg Sun
  Real estate sales up 12%
  Winnipeg Sun
  For sale real estate lawn sign Winnipeg (Winnipeg Sun files). Article. Tweet. Change text size for the story; Print this story. Report an error. Forgive us if you've heard this before: WinnipegREALTORS is celebrating another record-breaking month in ...
  
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• Commercial real estate prices hit historical peak - HousingWire

  06-06-2016 19:45
  
  HousingWire
  Commercial real estate prices hit historical peak
  HousingWire
  Whereas the residential real estate market continues to recover gradually, the same cannot be said for the commercial real estate market, where prices rose much quicker, according to a study by Goldman Sachs. Recently, regulators expressed concern for ...
  
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• HCP, HCN And PSA, 3 Real Estate Stocks Pushing The Industry Lower - TheStreet.com

  06-06-2016 19:16
  
  TheStreet.com
  HCP, HCN And PSA, 3 Real Estate Stocks Pushing The Industry Lower
  TheStreet.com
  All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 51 points (0.3%) at 17,858 as of Monday, June 6, 2016, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,960 issues advancing vs. 999 declining ...and more »
  
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• Real Estate Tech Report Finds Disconnect Between Founders and Investors - cre.tech

  06-06-2016 19:15
  
  cre.tech
  Real Estate Tech Report Finds Disconnect Between Founders and Investors
  cre.tech
  Real estate technology accelerator MetaProp NYC has published the results of a survey it conducted titled Global Real Estate Tech Confidence Index. According to the Manhattan-based firm, the index is a barometer of the health of the real estate ...
  
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• Fannie Mae to make mountain of data available on modified loans

  06-06-2016 19:08
  
  In an effort to provide the market with a "greater ability to analyze the performance of modified loans," Fannie Mae plans to make a historical dataset available on loans on its books that were previously modified due to delinquency.
  
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• WaPo: Stop trying to resurrect Fannie and Freddie

  06-06-2016 18:56
  
  The call for the recapitalization of Fannie Mae and Freddie Mac now comes from nearly every side despite starting off as a long-shot idea. However, there’s at least one journal publication that adamantly says this Fannie-Freddie resurrection idea needs to die.
  
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• Is Morocco Headed for a Real Estate Stock Bubble? - Morocco World News

  06-06-2016 18:50
  
  Morocco World News
  Is Morocco Headed for a Real Estate Stock Bubble?
  Morocco World News
  Rabat – Are we witnessing a new positive run for Addoha, Résidences Dar Saada and Alliances? Just few months ago, Addoha was trading at 23 DH/share, Dar Saada at 130 DH/share, and Alliances at 35 DH/share. Today, Addoha is Hovering around 40 ...
  
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• Commercial real estate prices hit historical peak

  06-06-2016 18:22
  
  Rapidly rising prices in the commercial real estate market concerns some regulators, bringing some to claim the low interest rates could lead to unsustainable gains. Goldman Sachs breaks down the CRE market and compares it to residential.
  
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• Ascentis Real Estate Partners Announces Purchase of the Redmond Technology Center in Seattle, WA - PR Newswire (press release)

  06-06-2016 18:03
  
  Ascentis Real Estate Partners Announces Purchase of the Redmond Technology Center in Seattle, WA
  PR Newswire (press release)
  BETHESDA, Md., June 6, 2016 /PRNewswire/ -- Ascentis Real Estate Partners is pleased to announce the purchase of the Redmond Technology Center, located at 18300 Redmond Way, Redmond, WA. The transaction was completed through the company's ...
  
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• How to Meet Millennials' Needs in Real Estate Design Decisions - National Real Estate Investor

  06-06-2016 17:21
  
  National Real Estate Investor
  How to Meet Millennials' Needs in Real Estate Design Decisions
  National Real Estate Investor
  It's no secret that the greatest measure of success in the real estate industry is high occupancy rates. Yet architects, builders and developers who ignore Millennial lifestyle trends and working preferences in the housing they construct and the model ...and more »
  
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• Obama Administration selects final Promise Zone communities

  06-06-2016 16:47
  
  More than two years after announcing the first round of Promise Zones, high-poverty areas of a city that will receive economic help, the Obama administration announced its last round of communities. Find out where they are located, how they were chosen and what this will mean for the future.
  
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• Philly DA Under Fire for Real Estate Arrangement - PoliticsPA

  06-06-2016 16:35
  
  PoliticsPA
  Philly DA Under Fire for Real Estate Arrangement
  PoliticsPA
  Seth-Williams Philadelphia District Attorney Seth Williams allegedly staked out a real estate deal for his ex-wife, something he apparently failed to report to the government. According to Chris Brennan of the Inquirer, Williams arranged for his former ...and more »
  
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• Confessions of a real estate agent - Domain News

  06-06-2016 16:33
  
  Domain News
  Confessions of a real estate agent
  Domain News
  They're renowned for their slick suits, shiny cars and ability to wax lyrical about anything with four walls and a roof. But if you caught a real estate agent in a particularly candid moment, what kind of trade secrets might they let slip? Janet ...
  
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• The Coming Commercial Real Estate Bust - Wall Street Daily

  06-06-2016 10:10
  
  Wall Street Daily
  The Coming Commercial Real Estate Bust
  Wall Street Daily
  There was a time when you could walk into a Sharper Image store and fiddle with an assortment of high-tech gadgets. Alas, the company's bankruptcy relegated the brand to catalog and website form. Likewise, many retailers are currently struggling to ...and more »
  
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• Tale of Trump and Partner in Azerbaijan Real Estate Project - ABC News

  06-06-2016 10:10
  
  ABC News
  Tale of Trump and Partner in Azerbaijan Real Estate Project
  ABC News
  Six months before he launched his presidential campaign, Donald Trump announced a new real estate project in Baku, Azerbaijan. The partner was Anar Mammadov, the son of a government minister suspected by U.S. diplomats of laundering money for ...
  Trump, partner in Azerbaijan real estate projectSalt Lake Tribuneall 38 news articles »
  
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• Monday Morning Cup of Coffee: Trump U paid AGs? NY Fed Bank heist warning?

  06-06-2016 06:01
  
  Yahoo News broke a story on Sunday revealing that the Federal Reserve Bank of New York — which was the victim of a spectacular $81 million heist in February — actually blocked 35 requests for money transfers, but then approved five of those transfers later. Plus, two attorneys general who dismissed Trump U charges received campaign contributions.
  
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• Black Knight: Cash sales maintain stronghold on cheaper homes

  06-06-2016 06:01
  
  Black Knight’s recent report shows that while cash sales decreased overall, they still hold a strong influence in the housing market’s cheapest 20%. The report points out two reasons for the difference in cash sales in the top and bottom part of the housing market.
  
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• Local real estate trend follows national to certain extent - KHON2

  06-06-2016 05:00
  
  KHON2
  Local real estate trend follows national to certain extent
  KHON2
  Verizon's Advanced Solution Architect, shows Trini how to use the Samsung Gear VR and the Samsung S7. DF7BE3C7B8D84E3B9501EC02819CD922 · Chef Sam Choy is “In the Kitchen” this weekend on KHON2. June 3, 2016. Chef Sam Choy will visit ...and more »
  
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• A New ETF Bets on Brazil's Real Estate - Wall Street Journal

  06-06-2016 04:00
  
  Wall Street Journal
  A New ETF Bets on Brazil's Real Estate
  Wall Street Journal
  For those who think there is money to be made in Latin American real estate, the early returns of a new exchange-traded fund are promising. Tierra Funds launched the Tierra XP Latin America Real Estate ETF (LARE) in December. The fund tracks the ...
  
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• Insiders reveal what's really going on in Miami's real-estate market - Miami Herald

  06-06-2016 03:04
  
  Miami Herald
  Insiders reveal what's really going on in Miami's real-estate market
  Miami Herald
  Slowing residential sales, rising sea levels and shaky foreign economies feature prominently in a new survey of top Miami real-estate professionals. The results reflect a shift in a previously red-hot international market that dismissed talk of climate ...
  Miami Beach is hot, hot, hot, and 10 other takeaways from Miami real estate surveyThe Real Deal Magazineall 4 news articles »
  
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• Cardinal in charge of Vatican real estate faces embezzlement probe - Crux: Covering all things Catholic

  06-06-2016 01:54
  Crux: Covering all things Catholic
  Cardinal in charge of Vatican real estate faces embezzlement probe
  Crux: Covering all things Catholic
  Cardinal Domenico Calcagno is reportedly under investigation for alleged misappropriations of funds at an institute to support the clergy in Liguria. Share: A day after Pope Francis told the Italian bishops to renounce unnecessary wealth, local ...
  
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• Why a Weaker Economy Shouldn’t Scare You

  06-06-2016 00:00
  The disappointing jobs report released last Friday was certainly no reason to celebrate. However, here’s why the housing market may be OK,...
  
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• New Tool Pinpoint Best Spots for Solar

  06-06-2016 00:00
  Is that house a good candidate for solar panels? Google is offering a new online tool where you can just plug in an address to find out. 
  
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• Landlord Shot, Killed Trying to Collect Rent

  06-06-2016 00:00
  A real estate professional was shot and killed by a tenant when he tried to collect back rent. 
  
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• Is Summer Truly Housing’s Hottest Season?

  06-06-2016 00:00
  This summer may outperform the spring season as the busiest time for real estate sales. 
  
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• How to Break Into the Luxury Market

  06-06-2016 00:00
  Waiting for your big break into luxury home sales? A luxury broker dishes on the ins and outs of selling posh real estate.
  
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• 10 Top Cities for Dog Lovers

  06-06-2016 00:00
  You may want to consider a dog-friendly real estate niche if you live in one these cities. 
  
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