Real estate news

• [Infographic] A smartphone's role in real estate - HousingWire

  10-08-2016 23:45
  
  HousingWire
  [Infographic] A smartphone's role in real estate
  HousingWire
  Smartphones have become an appendage to the body. Approximately 58% of smartphones users don't go an hour without checking their phone, and it only increases with Millennials, rising to 68%. Wells Fargo recently cited that three in 10 visitors access ...
  
  Read more

• Fannie Mae, Freddie Mac set new all-time low mortgage modification interest rate

  10-08-2016 23:45
  
  Continuing a trend that's seen the benchmark interest rate set by Fannie Mae and Freddie Mac for standard mortgage modifications fall consistently over the last eight months, the government-sponsored enterprises announced Wednesday that they are about to lower the benchmark rate again – to another all-time low.
  
  Read more

• [Infographic] A smartphone’s role in real estate

  10-08-2016 23:27
  
  Smartphones are practically an appendage to the body. Approximately 58% of smartphones users don’t go an hour without checking their phone and more and more consumers expect to be able to do everything online. This new infographic from MGIC shows how often consumers look to their smartphone for information and illustrates why it's so important for companies to have a mobile presence.
  
  Read more

• Celebrity real estate agent Chris Cortazzo is sued—again - Curbed LA

  10-08-2016 23:17
  
  Curbed LA
  Celebrity real estate agent Chris Cortazzo is sued—again
  Curbed LA
  Believe it or not, there's a Malibu neighborhood that's more exclusive than Carbon Beach, Broad Beach, and the Colony. It's called Watkins Cove, and it's the setting for a juicy real estate story dug up by The Hollywood Reporter. The tale involves ...and more »
  
  Read more

• Advertisement

• Plano, Irving among most boring U.S. cities in real estate blog's ranking - Dallas Morning News

  10-08-2016 23:04
  
  Dallas Morning News
  Plano, Irving among most boring U.S. cities in real estate blog's ranking
  Dallas Morning News
  A cowboy poses in front of a neon version of the Texas flag at the Institute of Texan Cultures at the University of Texas at San Antonio. (J. Griffis Smith/Texas Highways Magazine). By Caleb Downs Follow @calebjdowns [email protected]. Breaking ...and more »
  
  Read more

• Houston home sales drop for first time in six months

  10-08-2016 22:46
  
  Houston’s housing market reached a tipping point in July, posting its first sales decline in six months in July. The news, while alarming, isn't all bad. According to the Houston Association of Realtors. there are key points in the data to remember that show the market is still healthy overall.
  
  Read more

• Home-Price Gains Continue to Rise

  10-08-2016 22:22
  
  Home prices maintained their robust, upward trajectory in a vast majority of metro areas during the second quarter, causing affordability to slightly decline despite mortgage rates hovering at lows not seen in over three years, according to the latest quarterly report by the National Association of REALTORS. The report also revealed that for the first time ever, a metro area – San Jose, California – had a median single-family home price above $1 million.
  The median existing
  
  Read more

• Revisiting East Hampton’s Grey Gardens

  10-08-2016 22:15
  
  Grey Gardens, the former home of Jackie O’s eccentric aunt and cousin, Big and Little Edie Beale, is perhaps the most peculiar home in East Hampton, adding a slice of strange history to this ritzy Long Island area.
  The house where future first lady Jacqueline Bouvier would gallivant as a child soon turned into a mere shell of itself, dilapidated and rundown by the time the mid-70’s hit. Showcased in the documentary that shares the home’s name, the Beales liv
  
  Read more

• Advertisement

• Standard & Poor's New Real Estate Sector Is A Catalyst For REITs ... - Forbes

  10-08-2016 22:00
  
  Forbes
  Standard & Poor's New Real Estate Sector Is A Catalyst For REITs ...
  Forbes
  On September 17, Standard and Poor's will start a new Real Estate sector which will include all of the real estate investment trusts (REIT) that are currently ...
  Inland Real Estate Investment Corporation eliminates transaction ...InvestmentNews
  Blackstone launches $5B non-traded REITThe Real Deal Magazineall 9 news articles »
  
  Read more

• Here's how low inventory impacts 3 top housing markets differently

  10-08-2016 20:09
  
  Summer, while it’s not over, is shaping up to be less than hoped for, with agents surprised at how quickly demand faded through the season. Each month, Credit Suisse surveys agents about trends in buyer traffic levels for homebuilders in the top homebuilder markets. This is how the top three performed. Hint: They’re all very different.
  
  Read more

• Ocwen rising: S&P upgrades nonbank's servicer rankings

  10-08-2016 20:01
  
  Last month, HousingWire pondered if there was a light at the end of the tunnel for Ocwen Financial after the nonbank posted another loss in the second quarter, with company executives stating a belief that the nonbank can return to profitability as it puts "legacy" issues behind it. Now, Ocwen is putting one of those issues in the rear view mirror, as Standard & Poor's is upgrading the nonbank’s servicer rankings.
  
  Read more

• Top 5 states with highest and lowest closing costs

  10-08-2016 18:53
  
  Closing costs in the Northeast are significantly higher than closing costs in the middle of the U.S. Bankrate put together a list of states with the highest and lowest closing costs.
  
  Read more

• There Are All Kinds of Signs of a High-End Real Estate Slowdown - Bloomberg

  10-08-2016 18:43
  
  Bloomberg
  There Are All Kinds of Signs of a High-End Real Estate Slowdown
  Bloomberg
  According to real-estate website StreetEasy, 12 of the condos in Manhattan currently listed at over $20 million have had their prices cut by 5 percent or more in recent months, while only 2 of them have seen any increase in their listing price. Among ...
  
  Read more

• Are Our Emotions Running The Real Estate Market? - Huffington Post Canada

  10-08-2016 18:24
  
  Are Our Emotions Running The Real Estate Market?
  Huffington Post Canada
  Loosely defined as a phenomenon that transmits collective delusions of threats, whether real or imaginary, through a population in society as a result of rumours and fear. Sound familiar? I thought it might. If you didn't know better you'd think we ...
  
  Read more

• Video game about gentrification lets you play the role of real estate speculator - Curbed

  10-08-2016 17:52
  
  Curbed
  Video game about gentrification lets you play the role of real estate speculator
  Curbed
  Nove Alea, a new game by Paolo Pedercini, addresses urban gentrification by forcing players to be speculators. Molleindustria. Game designer Paolo Pedercini believes it's time to rethink the lessons of SimCity. Like many, the Carnegie Mellon assistant ...
  
  Read more

• Deputies: Lakeville real estate tech employee embezzled $80k ... - News 10NBC

  10-08-2016 17:47
  
  News 10NBC
  Deputies: Lakeville real estate tech employee embezzled $80k ...
  News 10NBC
  The Livingston County Sheriff's Office arrested a Leicester resident on felony charges Tuesday for allegedly embezzling approximately $80000 from the ...and more »
  
  Read more

• Gold Coast Schools Acquires Bert Rodgers Schools of Real Estate ... - Business Wire (press release)

  10-08-2016 17:29
  
  Business Wire (press release)
  Gold Coast Schools Acquires Bert Rodgers Schools of Real Estate ...
  Business Wire (press release)
  Gold Coast Schools, with five Florida campuses and distance learning programs serving students throughout the state, acquires Sarasota-based Bert Rodgers ...
  MR. REAL ESTATE: The Bert Rogers story | HeraldTribune.comSarasota Herald-Tribuneall 2 news articles »
  
  Read more

• Real estate agent 6% commission increasingly under threat

  10-08-2016 17:22
  
  The standard 6% commission for real estate agents is getting pushed to the test as the majority of Americans in today’s market end up paying less. Even paying only 5% commission can add up to a decent-sized savings. This is bad news for real estate agents right? Not necessarily. This is how the market is shifting.
  
  Read more

• NAR: Home affordability remains as depressed as the average American paycheck

  10-08-2016 17:17
  
  Home prices increased yet again in the second quarter, outpacing wage growth, according to the latest quarterly report by the National Association of Realtors. This is causing affordability to decline despite historically low mortgage interest rates, according to the trade group's head economist. Low rates are normally an incentive to get a mortgage, but not in this, current housing market.
  
  Read more

• The fine print in real estate - Philadelphia Business Journal

  10-08-2016 16:31
  Philadelphia Business Journal
  The fine print in real estate
  Philadelphia Business Journal
  Filled with "must read" stories, industry news and reporter insights, exclusive interviews with local business leaders, and expanded Top 25 Lists. Exclusive Online Tools. Research the 3+ year digital archive, and People on the Move leads database download.
  
  Read more

• Big banks form A-team to fight for cyber security

  10-08-2016 15:58
  
  Big banks created their own elite group to fight cyber security issues. The problem continues to grow among financial industries, and these banks teamed up to combat it.
  
  Read more

• Big banks form A-team to fight cyber security

  10-08-2016 15:58
  
  Big banks created their own elite group to fight cyber security issues. The problem continues to grow among financial industries, and these banks teamed up to combat it.
  
  Read more

• Consultatio's Costantini bullish on Argentine real estate - Reuters

  10-08-2016 15:42
  
  Reuters
  Consultatio's Costantini bullish on Argentine real estate
  Reuters
  BUENOS AIRES Things are looking up for Argentina's high-end real estate sector after it struggled for years under former President Cristina Fernandez's unorthodox economic policies, industry leaders told Reuters this week. Eduardo Costantini has made a ...and more »
  
  Read more

• Lack of candor can complicate real estate transactions - The Tennessean

  10-08-2016 15:04
  
  The Tennessean
  Lack of candor can complicate real estate transactions
  The Tennessean
  The renowned Paul Harvey was famous for saying “And now you know ... the rest of the story.” Sooner or later, we usually do. Last week my husband and I were discussing deception and false testimony, which are rampant in our world. Unfortunately, we see ...
  
  Read more

• China's Love Affair with U.S. Real Estate Fades - Bloomberg - Bloomberg

  10-08-2016 14:57
  
  Bloomberg
  China's Love Affair with U.S. Real Estate Fades - Bloomberg
  Bloomberg
  U.S. real-estate sales to Chinese buyers fell for the first time since 2011. U.S. realtors say China's capital controls and currency depreciation are having an ...and more »
  
  Read more

• Crescent Real Estate heads up the tollway with new office tower buy ... - Dallas Morning News

  10-08-2016 14:11
  
  Dallas Morning News
  Crescent Real Estate heads up the tollway with new office tower buy ...
  Dallas Morning News
  Crescent Real Estate and Long Wharf Real Estate bought the 13-story International Plaza III office building on the Dallas North Tollway.and more »
  
  Read more

• MBA: Refinance rush pushes mortgage applications back up

  10-08-2016 13:05
  
  The demand for refinance applications rekindled as applications surged, driving applications as a whole higher. While refinance applications have dropped the last several weeks, they were actually booming about a month ago in the wake of Brexit. Now according to this report, the boom is back.
  
  Read more

• Real estate sales, inventory down in 1st half - Jackson Hole News&Guide

  10-08-2016 12:48
  
  Real estate sales, inventory down in 1st half
  Jackson Hole News&Guide
  Inventory in the first six months of the year was the lowest since the market peak in 2007 and the third lowest in 25 years. Story · Comments. Print: Create a hardcopy of this page; Font Size: Default font size: Larger font size. Posted: Wednesday ...and more »
  
  Read more

• Equifax: Mortgage defaults projected to keep going down

  10-08-2016 00:15
  
  The remnants of the financial crisis continue to slowly disappear as the number of foreclosures begin to return to levels witnessed before 2008. This news isn’t universal though as some areas remain elevated. Here's what Amy Crews Cutts, senior vice president and chief economist at Equifax, says is keeping the housing market healthy, along what areas aren't seeing results.
  
  Read more

• Zika Fears Factored Into Miami Home Assessments?

  10-08-2016 00:00
  Fears over the mosquito-borne virus may now even affect property value assessments in some areas. 
  
  Read more

• Who Pays What in Closing Costs: By State

  10-08-2016 00:00
  Find out which states are paying the highest and lowest in closing costs on home purchases. 
  
  Read more

• Owners Still Overestimating Their Home's Price

  10-08-2016 00:00
  Home owners and appraisers have differing opinions when it comes to home values. 
  
  Read more

• Loan Apps Get 7% Bump on Lower Rates

  10-08-2016 00:00
  Total mortgage applications reversed course in the latest week, as volume picked up thanks to a dip in mortgage rates. 
  
  Read more

• Gray Becomes the ‘It’ Paint Color in Interiors

  10-08-2016 00:00
  More homes are going gray. Here are some tips to picking the right shade. 
  
  Read more

Follow @RealEstate_Nws_ on Twitter!