Real estate news

• Hillary Clinton reportedly adds former CFPB assistant director Rohit Chopra to transition team

  30-08-2016 22:59
  
  Hillary Clinton, the former Secretary of State and current Democratic nominee for president, is adding one of Sen. Elizabeth Warren’s close allies and a former executive at the Consumer Financial Protection Bureau to her transition team as she prepares for the coming election.
  
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• 3 new reports show why Dallas housing market is booming

  30-08-2016 22:54
  
  Tucked into all the hottest housing markets lists jam-packed with California markets, there remains one city outside the Golden State that keeps on making the cut. Several industry reports came out on Tuesday that show the ferocity of the Big D.
  
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• Home Price Gains Strong in South and West

  30-08-2016 21:49
  
  Data released for June 2016 shows that home prices continued their rise across the country over the last 12 months.The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 5.1 percent annual gain in June, unchanged from last month. The 10-City Composite posted a 4.3 percent annual increase, down from 4.4 percent the previous month. The 20-City Composite reported a year-over-year gain of 5.1 percent, down from 5.3 percent
  
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• Get a Professional Email for Your .REALTOR Website

  30-08-2016 21:48
  
  NAR PULSE—You have a .REALTOR web address; now get a .REALTOR email account! Your firm can now have a professional email from Google, which allows .REALTOR users to create an email address that corresponds with their web addresses, like [email protected]. It’s only $60 per, year per email address, and is a great way to further strengthen your digital brand. Click here to learn more.
  Sun’s Up, Prices DownTake in those last days of summer by renting a car with Budget®,
  
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• Brigitte Bardot’s Vacation Estate Slinks onto the Market

  30-08-2016 21:41
  
  International screen siren Brigitte Bardot’s former vacation home is up for sale. The fully-renovated estate, situated in the hills above the French Riviera, is listed for approximately $5.65 million. Bardot absconded to the home, known as Le Castelet, after divorcing her first husband in 1957.
  Beautifully appointed in French country form, Bardot’s 13th century getaway includes a stone-lined main house and guest house, along with formal gardens, an olive grove, vineyards and two
  
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• Macy's Drags Its Feet On Real Estate Sales - Bloomberg

  30-08-2016 20:55
  
  Bloomberg
  Macy's Drags Its Feet On Real Estate Sales
  Bloomberg
  Shelly Banjo is a Bloomberg Gadfly columnist covering retail and consumer goods. She previously was a reporter at Quartz and the Wall Street Journal. Follow @sbanjo · Facebook · Twitter · Email; Print; Share. Aug 30, 2016 2:39 PM EDT. MACY'S INC. -0.50.
  
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• Why the stock market can be a better investment than real estate ... - New York Daily News

  30-08-2016 20:52
  
  New York Daily News
  Why the stock market can be a better investment than real estate ...
  New York Daily News
  Well-chosen real estate properties can deliver long-term appreciation, but they're not always preferable to a well-diversified portfolio.and more »
  
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• MBA: Acquisitions will heat up over next 2 years

  30-08-2016 20:43
  
  The Mortgage Bankers Association’s chief economist explains why there is an increasing trend in mergers and acquisitions, and what will happen in the next two years. One major factor could be holding up profitability in 2016, but it won’t stay that way for long.
  
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• Fed continues to send signals on looming interest rate hike

  30-08-2016 19:16
  
  It appears that the Federal Reserve is continuing its tact of jumping through as many hoops as possible to prepare the market for the potential of another rate hike. So, what happens to the mortgage market whenever the Fed actually does raise rates? Here are a few insights.
  
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• Will the Urban Institute become ad-hoc housing adviser to a Clinton presidency?

  30-08-2016 19:00
  
  Investment bankers at Cowen and Company just sent a note to clients speculating if the Urban Institute is positioning for a large housing advisory role, should Hillary Clinton become elected to the office of the Presidency.
  
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• CoreLogic: REO sales hit lowest point since housing market implosion

  30-08-2016 18:53
  
  Distressed sales decreased yet again in May both annually and monthly. CoreLogic predicts distressed sales will hit pre-crisis levels in mid-2019, however just last month the company said it would hit those levels in mid-2017.
  
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• Independent mortgage bank profits surge, more than double 1Q

  30-08-2016 18:49
  
  Not only did the industry recover from the financial storm caused by TRID, but looking at the latest mortgage banker profit results for the second quarter of 2016, it’s almost like it never existed. This is good news for independent mortgage banks and mortgage subsidiaries of chartered banks as profits surge to new highs. Are you seeing the same trends and growth in your business?
  
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• Real-Estate Shares to Get Own Sector - Wall Street Journal

  30-08-2016 18:39
  
  Wall Street Journal
  Real-Estate Shares to Get Own Sector
  Wall Street Journal
  On stock markets around the world, real-estate companies have been lumped into a category with banks and insurance firms since 1999. But property will break free from the financial sector on Thursday into its own dedicated group. Analysts say the move ...
  Investing: Investing in real estate can be easyChicago Tribuneall 29 news articles »
  
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• Case-Shiller reaction: Housing markets still strongly dominated by sellers

  30-08-2016 17:54
  
  The Case-Shiller index came out today, but the industry isn’t happy about the results. Industry experts say homebuyers will continue to struggle amidst rising home prices. One area, however, is finally starting to see some relief.
  
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• Chinese Cash Pours Into U.S. Real Estate - WSJ - Wall Street Journal

  30-08-2016 17:03
  
  Wall Street Journal
  Chinese Cash Pours Into U.S. Real Estate - WSJ
  Wall Street Journal
  Cash from China into U.S. real estate is continuing unabated as Chinese investors plow money into some of the highest-profile commercial developments in the ...and more »
  
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• Chinese Cash Pours Into US Real Estate - Wall Street Journal

  30-08-2016 17:03
  
  Wall Street Journal
  Chinese Cash Pours Into US Real Estate
  Wall Street Journal
  For eight years, a pair of local developers gradually readied a 42-acre strip of waterfront land 10 miles south of downtown San Francisco for a major project, steering it through local land-use approvals. Now, a group of major Chinese developers is ...and more »
  
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• MBA president: The next President needs a housing policy director

  30-08-2016 16:45
  
  It’s time to turn a new page for housing when it comes to policy making, according to the Mortgage Bankers Association president and CEO. While the past eight years have been spent recovering from the recession, it is now time to move on, and this could include creating a new housing policy director.
  
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• BGL Real Estate Advisors Completes Historic Adaptive Reuse Conversion Financing for Weston - Yahoo Finance

  30-08-2016 13:22
  Yahoo Finance
  BGL Real Estate Advisors Completes Historic Adaptive Reuse Conversion Financing for Weston
  Yahoo Finance
  CLEVELAND, Aug. 30, 2016 /PRNewswire/ -- BGL Real Estate Advisors LLC is pleased to announce the successful completion of development financing for Weston Inc. The multi-faceted capital structure will support the historical conversion of the Standard ...and more »
  
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• The List: Residential Real Estate Agencies - Triangle Business Journal

  30-08-2016 13:07
  The List: Residential Real Estate Agencies
  Triangle Business Journal
  Residential real estate is back in the limelight again with Triangle Business Journal's latest list: Largest Residential Real Estate Agencies. The list is ranked by the number of closed transaction sides (both buyer and seller) made in the Triangle in ...
  
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• Fidelity Launches Global Real Estate Fund (FWRAX) - Investopedia

  30-08-2016 12:13
  
  Investopedia
  Fidelity Launches Global Real Estate Fund (FWRAX)
  Investopedia
  Fidelity Investments has launched a new global real estate fund. The Fidelity Advisor Global Real Estate Fund (FWRAX) will invest in both foreign and domestic real estate holdings and is managed by Steve Buller. The fund's net expense ratio is 1.4% and ...
  
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• Global real estate data firm adding Richmond outpost - RichmondBizSense

  30-08-2016 12:08
  
  RichmondBizSense
  Global real estate data firm adding Richmond outpost
  RichmondBizSense
  As it prepares to bolster its local operations on the ground with a new office in the West End, a well-known real estate research firm is also doing some recon in the skies over Richmond. CoStar Group next month will open its first Richmond office in ...
  
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• Real estate investment trust company holds job fair on Tuesday - WCBD News 2

  30-08-2016 10:30
  
  WCBD News 2
  Real estate investment trust company holds job fair on Tuesday
  WCBD News 2
  NORTH CHARLESTON, S.C. (WCBD) — Job seekers are encouraged stop by the MAA job fair on Tuesday. MAA, a real estate investment trust, that focuses on the acquisition, selective development, redevelopment and management of multifamily homes ...
  
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• Berlin Bursts onto the Main Stage for Hong Kong Real Estate Investors - Yahoo Finance

  30-08-2016 09:23
  Berlin Bursts onto the Main Stage for Hong Kong Real Estate Investors
  Yahoo Finance
  HONG KONG, Aug. 30, 2016 /PRNewswire/ -- All eyes are on Germany's capital city and for good reason. With low level real estate entry prices and a very bright future, it is no coincidence that global investors are directing their money to this ...
  
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• Montgomery County real estate briefs: Week of Sept. 4 - Montgomery Newspapers

  30-08-2016 07:15
  
  Montgomery Newspapers
  Montgomery County real estate briefs: Week of Sept. 4
  Montgomery Newspapers
  Spring Valley Village is having a Grand Opening Celebration on Saturday, Sept. 10, and Sunday, Sept. 11, from noon to 3 p.m. The celebration is to introduce five exciting new models, along with some new age appropriate features like walk-in showers, ...
  
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• Clarendon Hills Fire Department Educates Real Estate Agents - Patch.com

  30-08-2016 05:18
  
  Patch.com
  Clarendon Hills Fire Department Educates Real Estate Agents
  Patch.com
  Officials from Clarendon Hills Fire Department recently hosted area real estate agents as part of a FEMA grant. By Carrie Frillman (Patch Staff) - August 29, 2016 11:03 pm ET. Clarendon Hills Fire Department Educates Real Estate Agents. As part of a ...and more »
  
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• Hotel owner, real estate giant Hines team up for luxury apartment tower - Chron.com

  30-08-2016 04:28
  
  Chron.com
  Hotel owner, real estate giant Hines team up for luxury apartment tower
  Chron.com
  Mark Zimmerman left, Dan Zimmerman right, poses for a portrait outside the ballroom of luxury boutique hotel La Colombe d'Or. Plans are in the works for a high-end apartment building called the Residences at La Colombe d'Or. less. Mark Zimmerman left ...and more »
  
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• Real estate broker's license suspended three more months - The Herald Bulletin

  30-08-2016 03:01
  
  The Herald Bulletin
  Real estate broker's license suspended three more months
  The Herald Bulletin
  INDIANAPOLIS — Roger Shoot's ability to practice real estate remains in limbo four months after he pleaded guilty to felony theft and forgery and was sentenced to 8 1/2 years of probation. The Indiana Real Estate Commission last week renewed the ...
  
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• Moody’s: New GSE mortgage application positive for mortgage bonds

  30-08-2016 00:53
  
  Despite some disagreement in the industry, the recently announced redesigned Uniform Residential Loan Application, the standardized form used by borrowers to apply for a mortgage loan should be a strong benefit to the industry. Although the industry is divided on the positive impact of the redesigned form, this new reports explains why it is, in fact, a good thing.
  
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• Former MGIC CEO William Lacy passes away at 71

  30-08-2016 00:32
  
  William Lacy, who served as chief executive officer of Mortgage Guaranty Insurance Corporation for 12 years, passed away Sunday at the age of 71, the company announced Monday. According to MGIC, Lacy, who retired as chairman and CEO in 1999 after spending 28 years with the company, died of respiratory failure.
  
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• [video] Looking to invest in ELLI stock? This is what the company does

  30-08-2016 00:10
  
  CNBC’s “Mad Money” with Jim Cramer put Ellie Mae in the spotlight in a recent episode to help show viewers what exactly they would be investing in. While the mortgage software provider company is performing well in the stock market, not everyone knows what the company does. CEO Jonathan Corr set out to fix this.
  
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• Upper East Side Real Estate Prices Increasing at Higher Rate Than Borough: Report - Patch.com

  30-08-2016 00:10
  
  amNY
  Upper East Side Real Estate Prices Increasing at Higher Rate Than Borough: Report
  Patch.com
  A report from StreetEasy analyzing July real estate data suggests the market is getting more buyer-friendly. By Brendan Krisel (Patch National Staff) - August 29, 2016 9:37 pm ET. Upper East Side Real Estate Prices Increasing at Higher Rate Than ...
  Manhattan, Brooklyn real estate sales prices had smallest increase in 4 years, StreetEasy report saysamNYall 15 news articles »
  
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