Real estate news

• Agrihoods become newest real estate hot commodity?

  11-07-2016 23:19
  
  Agrihoods, though not new, are now becoming more and more popular as homeowners move out of crowded residential areas and search for homes with more room to roam. One development is creating homes around farmland, so many families can even grow their own garden.
  
  Read more

• Wall Street Journal editorial lauds Republican plan to abolish Dodd-Frank

  11-07-2016 23:04
  
  Count the Wall Street Journal editorial board among the supporters of the Republican-crafted plan to repeal the Dodd-Frank Wall Street Reform and Consumer Protection Act. In an editorial published on Sunday, the Wall Street Journal editorial board calls the Republican plan a "promising idea" that would "promote economic growth and protect taxpayers"
  
  Read more

• Affordable housing advocates disappointed with New Jersey court’s ruling

  11-07-2016 22:39
  
  Some said they agreed the the appeals court’s recent decision, while others said that the court deviated from the course New Jersey has set for decades on how affordable-housing needs should be measured.
  
  Read more

• Who is eligible for principal reduction? New report sheds light on groundbreaking program

  11-07-2016 22:00
  
  When the Federal Housing Finance Agency announced earlier this year that it was going forward with a groundbreaking plan to offer principal reduction to a select number of borrowers, the details on who exactly would be eligible were somewhat scarce, outside of the stipulations for the program provided by the FHFA. A new report from the FHFA provides more detail on how many borrowers are eligible and where they are located.
  
  Read more

• Advertisement

• Ginnie Mae announces new EVP and COO

  11-07-2016 21:57
  
  Ginnie Mae hired Nancy Corsiglia as its new executive vice president and chief operating officer. Company president says why the company is “thrilled” to have her.
  
  Read more

• Millennials Training for Career Ultramarathons

  11-07-2016 21:30
  
  Millennials are set to run career ultramarathons and anticipate taking breaks along the way, according to a recently released ManpowerGroup report. They prioritize job security and the opportunity for new challenges and types of work. Based on a global study of 1,000 millennials from across the United States, the report provides practical advice to help employers rethink their people practices for attracting, retaining and developing millennial workers. Here are some highlights:
  American millenn
  
  Read more

• Lots in 2015 Are Smallest on Record

  11-07-2016 21:30
  
  The median lot size of a new single-family detached home sold in 2015 dropped under 8,600 square feet for the first time since Census Bureau’s Survey of Construction (SOC) started tracking the series.
  An acre is 43,560 square feet, so the current median lot size is just under one-fifth of an acre. In 2014, Paul Emrath used a football field analogy to help visualize the median lot size that proved to be very popular. So using a football field as a measuring stick, 5.6 median lots would
  
  Read more

• Great Spaces: Looking for Celeb Status? Move into This Hollywood Home

  11-07-2016 21:29
  
  This seven-bedroom, nine-bathroom home located in Beverly Hills stretches over a sleek 11,300 square feet. Designed in 1953 by famed mid-century modern architect Gregory Ain, the Hollywood house sits on an acre of wooded ground just a stone’s throw from the iconic Beverly Hills Hotel, allowing you to rub elbows with A-listers from the comfort of your own neighborhood.
  Even the property itself is of A-list caliber. Fourteen-foot ceilings and sliding wood doors streamline the space, allowing
  
  Read more

• Advertisement

• 5 Road Trip Mistakes That Cost You Money

  11-07-2016 21:29
  
  (TNS)—Lower gas prices in 2016 are motivating more Americans to hit the road for a vacation. In fact, 69 percent of American families who are planning a vacation this year are taking a road trip, reported AAA.
  If you’re planning to take one of the best summer road trips in the country, be careful not to offset those gas savings. Do a little trip planning, and make sure your chosen form of transportation won’t end up being a major travel expense. Here are five common road trip m
  
  Read more

• Corker, Warner, bipartisan Senate coalition to FHFA: Leave GSE reform to us

  11-07-2016 20:13
  
  Over the last few months, several groups attempted to push the Federal Housing Finance Agency to allow Fannie Mae and Freddie Mac to rebuild their dwindling capital base. Now, several of the most significant voices on housing finance reform in the Senate are weighing in with their own view on the situation. Their advice? Leave housing finance reform to us.
  
  Read more

• Record low interest rates? Ha! It's still getting harder to get a mortgage

  11-07-2016 17:19
  
  Mortgage interest rates are nearing all-time record lows and mortgage applications are up, all thanks to the Brexit, but it looks like those figures may not lead to a huge jump in actual mortgages being taken out, because it's still getting harder to get a mortgage. Here's the sobering news.
  
  Read more

• Homeward Residential partners with USRES

  11-07-2016 17:07
  
  Executives from Homeward Residential, a wholly owned subsidiary of Ocwen Financial, explain why they chose U.S. Real Estate Services as the company’s approved appraisal management company.
  
  Read more

• Many borrowers still owe too much on their home

  11-07-2016 16:33
  
  Many homebuyers are regaining equity on their homes as home prices continue to increase. But while homes that are underwater may be down significantly from the 2012 peak and even from last year, there is still a long way to go before hitting pre-crisis numbers.
  
  Read more

• Monday Morning Cup of Coffee: Happy [early] birthday CFPB, Brexit and big bank investing 101

  11-07-2016 06:01
  
  Who said it? "The CFPB turns five this year and in that short amount of time has already returned more than $11.4 billion to over 25 million Americans who have been harmed." Click to find out!
  
  Read more

Follow @RealEstate_Nws_ on Twitter!