Real estate news

• Appraisal volume posts slight boost after dry spell

  16-08-2016 23:31
  
  Appraisal volume posted a slight resurgence in the latest National Appraisal Volume Index report from a la mode. Kevin Golden, director of analytics, noted that this week’s results mark the highest non-holiday influenced four-week period since early spring.
  
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• Freddie Mac officially offers forbearance to Louisiana flood victims

  16-08-2016 23:22
  
  Freddie Mac just announced its disaster relief program for homeowners affected by the flood areas in Louisiana. The company encouraged homeowners to reach out to their servicers, who have extended authority to help homeowners in natural disaster situations.
  
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• California home sales come tumbling back down to earth

  16-08-2016 22:32
  
  Just one month after posting a nearly four-year high, home sales in California took a step backwards in the month of July, with year-to-date sales falling from previous year for first time in 18 months, according to a new report from the California Association of Realtors.
  
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• Last Chance to Enter .REALTOR Contest

  16-08-2016 21:49
  
  NAR PULSE–Submissions for the Show Us How You .REALTOR Contest are due Friday. Sept. 2, so get yours in now! All you have to do is submit three examples that showcase the creative ways you’re using .REALTOR web addresses to strengthen your digital brand, like on business cards, in advertisements or on letterhead. Your firm could win a shopping spree valued at $2,000 from NAR’s Members’ Gift Galleria, choosing from a variety of items perfect for the office. Click here to e
  
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• RE/MAX Highlights New Opportunities in Fast-Paced Housing Market

  16-08-2016 21:45
  
  More than 1,000 RE/MAX brokers and office managers from around the gathered at the annual Broker/Owner Conference in Chicago to discuss and learn about pioneering strategies to grow their businesses and continue to be one of the most productive real estate networks.
  The conference kicked off with the Opening General Session (OGS) during which RE/MAX reaffirmed its commanding lead in productivity and recapped its continued global growth.
  “RE/MAX dominated industry surveys like RISMedia&rsqu
  
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• REALTORS® Donate Thousands of Hours, Dollars to Local Boys & Girls Clubs

  16-08-2016 21:41
  
  The National Association of REALTORS® joined forces last year with Boys & Girls Clubs of America to enrich the lives of Club kids and teens in communities across the U.S.
  Since December 2015, a total of 188 local Clubs and 18,200 Club youth have been positively impacted by REALTORS® and more than $100,000 has been donated to local clubs by associations, members and real estate firms.
  “Today’s kids are our future, so when I began my NAR presidential term, I knew I wan
  
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• MAA rides real estate trends to top of apartment market - Memphis Business Journal

  16-08-2016 21:35
  MAA rides real estate trends to top of apartment market
  Memphis Business Journal
  The Memphis-based company now finds itself as the largest public apartment owner in the nation. Subscribe to get the full story. Already a subscriber? Sign in. Subscribe to get the full story. Already a subscriber? Sign in. SPECIAL OFFER. Print ...
  
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• Hispanic Millennials struggle to save for down payment

  16-08-2016 21:35
  
  Hispennials struggle just like other Millennials to enter the housing market, however they have one factor on their side. Their tendency to receive or give financial help to family members gives them an edge up on one of the many options available to first-time buyers.
  
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• Alexandria Real Estate Equities' Series D Preferred Stock Yield Pushes Past 5% - Nasdaq

  16-08-2016 20:35
  
  Nasdaq
  Alexandria Real Estate Equities' Series D Preferred Stock Yield Pushes Past 5%
  Nasdaq
  In trading on Tuesday, shares of Alexandria Real Estate Equities, Inc.'s 7.00% Series D Cumulative Convertible Preferred Stock (Symbol: ARE.PRD) were yielding above the 5% mark based on its quarterly dividend (annualized to $1.75), with shares changing ...and more »
  
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• Old Mutual to invest in Nigerian real estate, agriculture - africanews

  16-08-2016 19:46
  
  africanews
  Old Mutual to invest in Nigerian real estate, agriculture
  africanews
  Anglo-South African financial services firm Old Mutual and Nigeria's sovereign wealth fund on Friday (August 12) signed agreements to set up two funds to invest in real estate and agriculture in Africa's most populous nation. Old Mutual and Nigeria ...
  
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• MBA: The most important factor for lenders in the TRID proposed changes

  16-08-2016 19:36
  
  Pending a complete a government shift in housing regulation, the industry is left to implement the Consumer Financial Protection Bureau’s Know Before You Owe mortgage disclosure rule. As one of the biggest voices in the industry, the Mortgage Bankers Association added to the discussion on the importance of the comment period that is now open for the CFPB’s proposed updated to the rule.
  
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• Indiabulls Real Estate Raises Rs. 30 Crore Via Debentures - NDTV

  16-08-2016 19:03
  
  NDTV
  Indiabulls Real Estate Raises Rs. 30 Crore Via Debentures
  NDTV
  New Delhi: Indiabulls Real Estate on Tuesday said it has raised Rs. 30 crore through non-convertible debentures (NCDs). In June, the Mumbai-based company had announced that it proposed to raise up to Rs. 200 crore through issue of NCDs on a private ...and more »
  
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• SEC fines, bans former Goldman Sachs head RMBS trader for fraud

  16-08-2016 18:59
  
  Edwin Chin, who served as Goldman Sachs' head RMBS trader from 2010 through 2012, agreed to settle charges brought by the SEC that he lied to clients about the prices of RMBS deals, frequently misrepresenting not only the prices that Goldman Sachs paid for the mortgage bonds, but whether the bonds were sold out of Goldman Sachs' inventory or not. This alleged misconduct generated millions of dollars of extra revenue for Goldman Sachs.
  
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• Realtor wins bronze for #TeamUSA

  16-08-2016 18:16
  
  When Alex Naddour won the bronze medal for pommel horse in the 2016 Olympics this past Sunday, he shattered a 32-year pommel horse drought for Team USA. He also brought a bit of fame to the Realtor community and his home state of Arizona. As if he wasn’t already doing enough, Naddour is an official member of NAR. From everyone here at HousingWire, congratulations!
  
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• Featured in Portland real estate listings: Marijuana plants - KSDK.com

  16-08-2016 17:45
  
  KSDK.com
  Featured in Portland real estate listings: Marijuana plants
  KSDK.com
  PORTLAND, Ore. – Forget stainless steel appliances or master suites. There's a new selling point in some Portland real estate listings: pot plants. A Redditor posted a property for sale in Northeast Portland that featured multiple large pot plants in ...
  
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• Real estate photography primer: How to capture great exterior and interior shots of buildings - imaging resource

  16-08-2016 17:44
  imaging resource
  Real estate photography primer: How to capture great exterior and interior shots of buildings
  imaging resource
  If you want to improve your real estate photography or just want to learn how to try your hand at shooting interiors or architecture, Digital Photography School has a great article for you. Photographer and writer Lauren Schroeder has written a guide ...
  
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• Fannie Mae: Here's how mortgage servicers can help Louisiana flood victims

  16-08-2016 17:03
  
  While nothing can be done to prevent natural disasters, servicers can do something to help homeowners after they occur. Fannie Mae reminds servicers of what they can do for families affected by the recent flooding in Louisiana. Will Freddie follow suit?
  
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• Where Can You Get Great Value in Real Estate? - The Motley Fool Canada

  16-08-2016 15:53
  
  Where Can You Get Great Value in Real Estate?
  The Motley Fool Canada
  In select Canadian real estate markets, housing prices have skyrocketed. The average price is $1.2 million for a detached home and $700,000 for an apartment in Toronto. In select neighbourhoods, it may be cheaper to rent than to own. If you're looking ...and more »
  
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• Trulia: More homes on the way for potential homebuyers

  16-08-2016 15:52
  
  Housing starts increased monthly and annually in July. Trulia’s chief economist tells homebuyers to sit tight, relief is on the way. That being said, the 12-month rolling total was flat or less than the previous month for the fourth month in a row.
  
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• Less Percent Real Estate Announces Its Launch Into South Florida - GlobeNewswire (press release)

  16-08-2016 15:07
  Less Percent Real Estate Announces Its Launch Into South Florida
  GlobeNewswire (press release)
  MARLTON, N.J., Aug. 16, 2016 (GLOBE NEWSWIRE) -- After its initial launch in select New Jersey and Los Angeles real estate markets, Less Percent Real Estate, LLC (“Less Percent”) is introducing its innovative Internet based real estate technology ...and more »
  
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• RealtyMogul.com Launches Its First Crowdfunded Real Estate Investment Trust - Business Wire (press release)

  16-08-2016 15:00
  
  RealtyMogul.com Launches Its First Crowdfunded Real Estate Investment Trust
  Business Wire (press release)
  LOS ANGELES--(BUSINESS WIRE)--RealtyMogul.com, a leading online marketplace for commercial real estate investing, today announced the launch of its first commercial real estate fund, MogulREIT I. Structured as a real estate investment trust (“REIT”) ...and more »
  
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• Real estate executives hit the golf course for CARW outing: Slideshow - Milwaukee Business Journal

  16-08-2016 14:58
  Milwaukee Business Journal
  Real estate executives hit the golf course for CARW outing: Slideshow
  Milwaukee Business Journal
  Milwaukee-area real estate executives took a break from making deals Monday to hit the golf course in Mequon. Check out the attached slideshow to see photos from the Commercial Association of Realtors Wisconsin golf outing. The annual event was held at ...
  
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• First American appoints new direct division president

  16-08-2016 14:26
  
  First American Title Insurance Company promoted Judd Hoffman to president of its direct division. Hoffman began his career with First American in 2010 as a sales manager.
  
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• How Real Estate Big Shots Like Donald Trump Can Game the Tax Code - Money Magazine

  16-08-2016 14:01
  
  Money Magazine
  How Real Estate Big Shots Like Donald Trump Can Game the Tax Code
  Money Magazine
  Donald Trump continues to refuse to release his tax forms, while his Democratic opponent, Hillary Clinton, made hers public on Friday. Clinton and her husband paid an effective tax rate of 34.2% on their $10.6 million 2015 income. Odds are that Trump's ...and more »
  
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• Accurate Group Announces Plans to Expand Real Estate Appraiser Network to Support Lender Demand, Address ... - Business Wire (press release)

  16-08-2016 14:00
  
  Accurate Group Announces Plans to Expand Real Estate Appraiser Network to Support Lender Demand, Address ...
  Business Wire (press release)
  CLEVELAND--(BUSINESS WIRE)--Accurate Group, a leading provider of real estate appraisal, title and compliance services, today announced plans to expand its nationwide appraiser network and offer appraisers new business opportunities and access to ...and more »
  
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• Real estate baron was happy to lose this bet - Page Six

  16-08-2016 13:42
  
  Page Six
  Real estate baron was happy to lose this bet
  Page Six
  Brooklyn-born real estate baron Meyer Orbach didn't mind losing a $1,000 bet to a 13-year-old boy. Orbach — who recently bought a 9.5 percent interest in the Minnesota Timberwolves NBA franchise — donated $20,000 to the New York Rens, an Amateur ...
  
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• The Right Way To Real Estate (Via ETFs, At Least) - Benzinga

  16-08-2016 12:44
  
  Benzinga
  The Right Way To Real Estate (Via ETFs, At Least)
  Benzinga
  Among emerging markets, Latin America, after several years of being a drag on the asset class, is hot this year. Hot asset classes in the U.S. include real estate equities and real estate investment trusts. Those two themes can be married with the ...and more »
  
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• Man who died in RI charity swim was Boston executive - The Boston Globe

  16-08-2016 04:40
  
  Man who died in RI charity swim was Boston executive
  The Boston Globe
  The man who died during a charity swim in Rhode Island over the weekend was a Boston real estate executive who was active in competitive swimming circles, according to friends and his company. In a statement, the board of the New England Local ...and more »
  
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• Tucson Real Estate: 4 apartment complexes that extend Greek life are sold - Arizona Daily Star

  16-08-2016 03:46
  
  Arizona Daily Star
  Tucson Real Estate: 4 apartment complexes that extend Greek life are sold
  Arizona Daily Star
  This site at 50 N. Mountain Ave. was purchased along with three other complexes for more than $6 million. The apartments cater to former fraternity and sorority members near the University of Arizona. prev. next. Four complexes that cater to former ...
  
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• Buried inside the region's real estate data are the winning places that ring the two cities - Minneapolis Star Tribune

  16-08-2016 01:35
  
  Minneapolis Star Tribune
  Buried inside the region's real estate data are the winning places that ring the two cities
  Minneapolis Star Tribune
  DAVID JOLES, Star Tribune Jon and Angie Whitcomb had to scramble when their Prior Lake house sold the day it was listed. With their daughter, Grace, they now live in Edina. Text size. comment. share · tweet · email. Print. more. Share on: Share on ...
  
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• These real estate music videos are what's wrong with the Auckland housing market - Stuff.co.nz

  16-08-2016 00:52
  
  Stuff.co.nz
  These real estate music videos are what's wrong with the Auckland housing market
  Stuff.co.nz
  If you can't imagine yourself driving this car you may as well give up on owning a house. OPINION: In the surreal world of Auckland real estate, there is always wine. A full-blooded red as the light fades upon a perfectly manicured Mount Eden lawn, a ...
  
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• Regina real estate market continues its slow recovery in July, CREA says - Regina Leader-Post

  16-08-2016 00:33
  
  Regina Leader-Post
  Regina real estate market continues its slow recovery in July, CREA says
  Regina Leader-Post
  After three years of falling prices and sales, Regina's real estate market appears to be returning to more normal levels of growth, according to the Canadian Real Estate Association. Bryan Schlosser / Regina Leader-Post. Share Adjust Comment Print.
  Vancouver's real estate tax sparks backlash from Chinese buyersThe Globe and Mail
  Canadian Real Estate Association says home sales volume d
  
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• Court of Appeals rules that Nevada HOA liens do not supersede first mortgages

  16-08-2016 00:23
  
  Mortgage lenders and investors needn’t worry about whether a homeowners' association super lien will be given priority over a first mortgage in the state of Nevada, at least for now. According to an alert published Monday by Ballard Spahr, the Ninth Circuit Court Appeals ruled last week that an older version of Nevada's laws, which previously gave super-priority status to HOA liens, is unconstitutional. Here's the skinny.
  
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• The Idea of an Empty Nest Is Fading

  16-08-2016 00:00
  “We’re getting back to the way human beings have always lived in – extended families,” says one author of a book about the...
  
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• REALTORS® Sending Funds for Louisiana Flood Victims

  16-08-2016 00:00
  REALTORS® Relief Foundation commits up to $350,000 as part of massive REALTOR® campaign to help those affected by August flooding.
  
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• July Housing Starts Beat Expectations

  16-08-2016 00:00
  Housing starts rose 2.1 percent in July to a seasonally adjusted annual pace of 1.2 million units, the highest level since February.
  
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• Freddie Mac Lowers Mortgage Rate Predictions

  16-08-2016 00:00
  The mortgage giant shares its housing market projections for the rest of the year and into 2017.
  
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• Access Property Data Right From the Lockbox

  16-08-2016 00:00
  The REALTORS Property Resource® and SentriLock announced a new partnership that allows REALTORS® to get time sensitive and detailed...
  
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• 10 States Offering a Richer Life

  16-08-2016 00:00
  Is there a place where you can have it all—high income, job security, safe neighborhoods, and a stellar education? A new study identifies...
  
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