Real estate news

• International homebuyers add $10 billion to Texas economy

  01-09-2016 23:14
  
  The number of international homebuyers increased across the U.S., and Texas received about 10% of those buyers. India and Mexico especially favored Texas over other states.
  
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• Real estate notebook: Update on several projects in the Twin Cities - Minneapolis Star Tribune

  01-09-2016 22:43
  
  Minneapolis Star Tribune
  Real estate notebook: Update on several projects in the Twin Cities
  Minneapolis Star Tribune
  In May, we reported that a team of local businesspeople had formed a development company that would use factory-built houses to help fill the hundreds of vacant lots in north Minneapolis. That venture, Sm+RT Homes, has opened its first model home — a ...
  
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• Yes, there are still homes for the working class to buy

  01-09-2016 22:22
  
  While high home prices are causing affordable housing problems throughout the nation, there is still hope for homebuyers. Redfin released a list of affordable cities in the U.S. Here are the top 10.
  
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• UDR to Participate in Evercore ISI Annual Real Estate Conference - Business Wire (press release)

  01-09-2016 22:16
  
  UDR to Participate in Evercore ISI Annual Real Estate Conference
  Business Wire (press release)
  DENVER--(BUSINESS WIRE)--UDR, Inc. (the "Company") (NYSE:UDR), a leading multifamily real estate investment trust, today announced that the Company will participate in the Evercore ISI Annual Real Estate Conference being held September 8, 2016 in ...and more »
  
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• U.S. banks turn in most profitable quarter in history

  01-09-2016 22:11
  
  It’s apparently never been a more profitable time to be a bank, according to a report from CNBC, which noted that the second quarter of 2016 was U.S. banks’ most profitable quarter of all time.
  
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• The Impact of Student Loan Debt on Housing

  01-09-2016 21:43
  
  Over the past year, the National Association of REALTORS® (NAR) has become increasingly concerned about the impact of student debt on homeownership and the overall economy. The U.S. currently has a student debt load of $1.3 trillion, which accounts for 10 percent of all outstanding debt. While student debt has risen, the homeownership rate has fallen, especially among younger generations. NAR’s second quarter 2016 Housing Opportunities and Market Experience (HOME) survey reports that r
  
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• Day one: The beginning of the new S&P REIT stock launch

  01-09-2016 21:27
  Today, September 1, 2016, marks the first shake-up of the S&P 500 Index in nearly two decades. Although this is a major move for the market and investors, this doesn’t change the intrinsic value of any share of stock. The people it does impact a lot: owners of exchange-traded funds.
  
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• The Top Five Questions Buyers Ask – Tracey's Real Estate Tip Of The Week - KHTS Radio

  01-09-2016 21:02
  
  KHTS Radio
  The Top Five Questions Buyers Ask – Tracey's Real Estate Tip Of The Week
  KHTS Radio
  These are easily the top five questions buyers ask me every day. There is so much that goes into purchasing a home. These questions give you a great foundation on the home buying process, and who knows, maybe they're the same questions you're asking!
  
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• Is your real estate agent a criminal? - HousingWire

  01-09-2016 21:01
  
  HousingWire
  Is your real estate agent a criminal?
  HousingWire
  A good real estate agent can be worth their weight in gold as they help consumers navigate the confusing home buying or selling process. While the majority of Realtors may be great, there is still that ever-looming question brought on by the low ...
  Competition ramps up pressure on real estate commissionsMyPalmBeachPostall 3 news articles »
  
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• Realtors: Here's why you need to use Snapchat

  01-09-2016 20:32
  
  Regardless of whether or not real estate agents want to be on Snapchat, that’s where the consumers, a.k.a. potential homebuyers, are. And even more important, the elusive Millennial generation who are the next major cohort of homebuyers are on Snapchat. Given this growth, here's how Realtors can tap into that growth for potential clients and sales.
  
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• S&P: Private mortgage bond well running dry

  01-09-2016 20:30
  
  The rate at which new residential mortgage-backed securities are entering the market is slowing down, with 2016’s rate of RMBS issuance currently tracking well below last year, a new report from Standard & Poor’s Global Ratings shows.
  
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• Hondros College Of Business Welcomes Regulatory Contributor, Real Estate Law Pro To The Team - PR Newswire (press release)

  01-09-2016 20:22
  
  Hondros College Of Business Welcomes Regulatory Contributor, Real Estate Law Pro To The Team
  PR Newswire (press release)
  COLUMBUS, Ohio, Sept. 1, 2016 /PRNewswire/ -- Hondros College of Business is pleased to welcome aboard Kristin Rosan, of Madison & Rosan law firm, as regulatory expert and contributor to the Hondros blog. Former Chief Legal Counsel with the Ohio ...and more »
  
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• Time to go home: Trulia adds real estate app to Samsung Gear S3 smartwatch - GeekWire

  01-09-2016 19:40
  
  Time to go home: Trulia adds real estate app to Samsung Gear S3 smartwatch
  GeekWire
  Trulia app Samsung Gear S3 (Via Trulia). Time is of the essence when you're in the hunt for a place to live, especially in hyper-competitive markets like Seattle. You might as well have a real estate app on your watch. Trulia has added an app to the ...and more »
  
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• Is your real estate agent a criminal?

  01-09-2016 19:33
  
  Is real estate a beacon to ex criminals who can’t get a job anywhere else? While this kind of question can’t give an easy answer, we take a look at the process and see just how much it takes to become a real estate agent.
  
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• Ask a Real Estate Pro: City's mistake costly for homeowner - Sun Sentinel

  01-09-2016 18:18
  
  Sun Sentinel
  Ask a Real Estate Pro: City's mistake costly for homeowner
  Sun Sentinel
  Board-certified real estate lawyer Gary M. Singer writes about the housing market at SunSentinel.com/business/realestate each Friday. To ask him a question, email him at [email protected], or go to SunSentinel.com/askpro. Q: Five years ago, we ...
  
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• ITT Tech Just Got Schooled. Real Estate Players, Take Note - Forbes

  01-09-2016 17:06
  
  Forbes
  ITT Tech Just Got Schooled. Real Estate Players, Take Note
  Forbes
  It would seem the final bell may have rung for ITT ITT -0.69% Technical Institute, a chain of for-profit colleges that announced Monday it is no longer enrolling new students after the federal government cut off new funding. Commercial real estate ...
  ITT Tech stops all new student enrollmentCNNMoney
  Increased Oversight of ITT and the Impact on StudentsU.S. Department of Educationall 108 news articles »
  
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• If Trump Gets His Way, Real Estate Will Get Even More Tax Breaks ... - New York Times

  01-09-2016 17:01
  New York Times
  If Trump Gets His Way, Real Estate Will Get Even More Tax Breaks ...
  New York Times
  An ad for the new Trump hotel in Washington, seen last month. Donald Trump's new tax proposal adds new breaks for real estate developers like Mr. Trump ...
  Tax Talk: Do International Real Estate Investors Have to Pay U.S. ...Mansion Globalall 2 news articles »
  
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• Three Fulton cities make 'best real-estate markets' list - Atlanta Journal Constitution

  01-09-2016 16:41
  
  Atlanta Journal Constitution
  Three Fulton cities make 'best real-estate markets' list
  Atlanta Journal Constitution
  The housing market, though rebounding in some areas, can still be a very confusing thing to navigate. But prospective homebuyers looking at three Fulton cities can breathe a little easier. Personal finance website WalletHub ranked 300 cities and ...and more »
  
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• Real estate partner at CBRE-Raleigh moves to competition at HFF - Triangle Business Journal (blog)

  01-09-2016 16:40
  Triangle Business Journal (blog)
  Real estate partner at CBRE-Raleigh moves to competition at HFF
  Triangle Business Journal (blog)
  Jeff Glenn has joined the brokerage team at HFF Carolinas after 18 years at CBRE-Raleigh. TBJ File Photo. Multifamily real estate investment specialist Jeff Glenn has exited his partnership and position at CBRE-Raleigh and joined the HFF Carolinas team.
  
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• Freddie Mac: 5-year treasury ARM jumps up

  01-09-2016 16:06
  
  After Yellen’s speech on Monday, the Treasury yield jumped up significantly from last week’s average. It is still down from last year. The 30 and 15-year fixed rate mortgages also saw a jump from last week.
  
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• L.A.'s Residential Real Estate Market May Be Cooling, But by How Much? - Hollywood Reporter

  01-09-2016 15:45
  
  Hollywood Reporter
  L.A.'s Residential Real Estate Market May Be Cooling, But by How Much?
  Hollywood Reporter
  "There is more nuance to the high end of the market," says one real estate analyst as Hollywood-favored Westside neighborhoods may be immune to forces rocking the city and state's home prices. After years of explosive growth, Los Angeles' residential ...and more »
  
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• Half Of The Top 10 Best Real Estate Markets Are North Texas Suburbs - KERA News

  01-09-2016 14:15
  
  KERA News
  Half Of The Top 10 Best Real Estate Markets Are North Texas Suburbs
  KERA News
  Five stories that have North Texas talking: The housing market in Texas seems healthy; how often do Texas police pull the trigger; cochlear implants have allowed a Plano girl to thrive in kindergarten; and more. Things are looking up in the housing market.
  
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• Say Hello to Wall Street's New Real-Estate Sector | Fox Business - Fox Business

  01-09-2016 12:12
  
  Fox Business
  Say Hello to Wall Street's New Real-Estate Sector | Fox Business
  Fox Business
  Real estate is movin' on up, breaking out to a sector all its own from a position as an industry group under the financial-sector umbrella.
  New Real Estate Sector Underscores Value of Equity REITsForbes
  Real estate gains new market prominence starting ThursdayCNBC
  Real estate gets starring role in S&P 500Finance and Commerce
  HousingWire -Financial Times
  all 24 news articles »
  
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• How marketplaces are changing real estate - Inman.com

  01-09-2016 11:24
  
  How marketplaces are changing real estate
  Inman.com
  The X-Files: How Marketplaces Are Changing Real Estate ...and more »
  
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• Manhattan Luxury-Condo Builders Fight Glut With Sweetened Deals - Bloomberg

  01-09-2016 11:21
  
  Bloomberg
  Manhattan Luxury-Condo Builders Fight Glut With Sweetened Deals
  Bloomberg
  Prospective buyers at one Upper East Side condo project are quietly being offered a 5 percent discount. At an almost-completed Midtown building, five-bedroom homes will be divided into smaller units. Brokers whose clients sign deals at a downtown tower ...and more »
  
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• Another Sign Manhattan Real Estate Is Feeling the Pain - Bloomberg - Bloomberg

  01-09-2016 11:21
  
  Bloomberg
  Another Sign Manhattan Real Estate Is Feeling the Pain - Bloomberg
  Bloomberg
  Prospective buyers at one Upper East Side condo project are quietly being offered a 5 percent discount. At an almost-completed Midtown building, five-bedroom ...and more »
  
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• CORRECTED-TABLE-Nomura Real Estate Master Fund -6 MTH forecast - Reuters

  01-09-2016 10:13
  
  CORRECTED-TABLE-Nomura Real Estate Master Fund -6 MTH forecast
  Reuters
  (Corrects company name to Nomura Real Estate Master Fund from Nimura Real Estate Master Fund) Sep 1 (Reuters) Nomura Real Estate Master Fund, Inc. EARNINGS ESTIMATES (in billions of yen unless specified) 6 months to 6 months to Feb 28, 2017 ...
  
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• 5 essential pillars of a lead-generating real estate blog - Inman.com

  01-09-2016 09:15
  
  5 essential pillars of a lead-generating real estate blog
  Inman.com
  Your actions must be rooted in the right strategy so that you are converting leads before they come into your pipeline. There is a process that you can go through that makes blogging a breeze. But when you don't use these tools or understand this ...
  
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• Ten-X Homes offers end-to-end real estate transactions

  01-09-2016 07:00
  
  Ten-X has developed a flexible portal where real estate agents and their clients can easily take the process to the next level — completing the entire real estate transaction online, whenever and wherever they are.
  
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• Tavant Technologies delivers a digital experience for mortgage borrowers

  01-09-2016 07:00
  
  Hosted either on the cloud or within the enterprise, FinConnect uses open source components and adheres to MISMO standards when possible across integration paths. Coupled with regulatory requirements, digital transformation of the loan lifecycle is necessary to stay competitive and relevant.
  
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• Simplifile provides collaboration services for lenders, settlement agents

  01-09-2016 07:00
  
  Simplifile Collaboration and Post Closing not only eliminate the security and efficiency issues inherent in manual transactions, they provide an encrypted, detailed audit trail for every communication, change, payment and more.
  
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• Scrypt delivers faster underwriting for mortgage lenders

  01-09-2016 07:00
  
  XDOC’s pre-built and pre-configured database adapters and APIs allow for a seamless system integration with any LOS, so that documents and data can co-exist. It can also function directly ‘out-of-the-box’ that works from day one.
  
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• RES.NET offers customized solutions for mortgage lenders

  01-09-2016 07:00
  
  RES.NET’s established technology allows them to keep up with industry-wide changes by providing regular updates through sprint cycles, while the customizable portion of the system ensures that users can change system functionality on the fly.
  
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• National Real Tax Tracking handles property tax management with streamlined solution

  01-09-2016 07:00
  
  From verifying the accuracy of tax parcels and property addresses, to escrow reporting and payment facilitation, the company’s Comprehensive Tax Tracking is a solution that can handle any property tax management problem.
  
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• Mason-McDuffie Mortgage Corp. leverages next-gen CRM for loan officers

  01-09-2016 07:00
  
  Mason-McDuffie partnered with CMPS to provide its loan officers with a mobile-adaptive, next-gen CRM that gives loan officers the tools they need to manage their clients and referral partners.
  
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• Making mortgages more personal through automation technology

  01-09-2016 07:00
  
  A funny thing happened while the mortgage process became more automated. Rather than reduce human interaction, which some skeptics anticipated, automation technology is in fact having the opposite effect. It is enabling mortgage lending to become a people-first business once again.
  
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• LoanScorecard offers truly automated underwriting engine for lenders

  01-09-2016 07:00
  
  LoanScorecard developed Custom AUS, which allows lenders originating non-agency loans to customize credit decisioning, and provides them with an assessment report so that they have an audit trail for underwriting and ability-to-repay decisions.
  
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• HW Insiders 2016

  01-09-2016 07:00
  The winners of our Insiders award are people who get things done, who are known throughout theircompanies as the “go-to” person in their department or division. They provide expertise in areas as diverse as operations, compliance and client services, but also have a reputation for going above and beyond their assigned roles to help out their colleagues, their companies and their clients.
  
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• Ellie Mae's TPO Connect allows seamless collaboration with lenders

  01-09-2016 07:00
  
  A customizable, two-way web experience, Encompass TPO Connect allows lenders to work more collaboratively with their third-party origination partners to ensure efficiency, compliance, and data integrity throughout the loan process.
  
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• Docutech provides dynamic document generation

  01-09-2016 07:00
  
  ConformX allows lenders to create data-driven documents that meet specific criteria and integrate with loan origination systems. It also provides streamlined document change management, managing document generation to ensure all critical data is included prior to delivering the document packages.
  
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• DataTree by First American disrupts mortgage technology market

  01-09-2016 07:00
  
  Data is the new currency driving profitable mortgage lending. Lenders are demanding access to single-point data solutions that aid in delivering this profit. DataTree provides access to the broadest data coverage in the industry.
  
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• ComplianceEase handles multiple disclosures to manage fee tolerance issues

  01-09-2016 07:00
  
  To stay in compliance, many companies are updating their software and processes. However, reviewing only a limited set of disclosures can also result in over-refunding fees in an attempt to address suspected tolerance errors. With historically thin margins in the mortgage industry, small errors can have a large impact on profits and competitiveness.
  
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• ComergenceCRM bridges gap between lenders' compliance and sales operations

  01-09-2016 07:00
  
  Using ComergenceCRM, lenders will be able to increase their share of market and better target who they should be doing business with. It can integrate with any lender’s loan origination solution, providing a 360-degree picture for deeper evaluation and easier health checks for all existing partnerships.
  
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• Clarocity Valuation Platform manages complex valuation orders

  01-09-2016 07:00
  
  For lenders seeking to integrate alternative solutions into their existing operations, the Clarocity Valuation Platform provides a seamless solution for managing complex valuation orders.
  
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• Chronos Solutions provides single platform for every service listed on HUD-1

  01-09-2016 07:00
  
  Chronos Solutions helps lenders streamline and simplify the mortgage origination process. Earlier this year, Chronos bolstered its family of products through the strategic acquisition of Cogent Road, which added Funding Suite and Taxdoor to its offerings.
  
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• HELOCs increase for 17th consecutive quarter

  01-09-2016 06:01
  
  Home equity lines of credit applications increased once again in the second quarter. The rising home prices are giving more equity to homeowners who are now looking at using it. The good news is more homeowners are using their HELOCs as a means of home improvement.
  
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• Will Airbnb disrupt the housing market?

  01-09-2016 06:00
  
  In May of 2016 Airbnb had almost 1.4 listings on the site and raised its revenue projection for this year to more than $900 million. But the site impacts more than just hotel chains. As more investors, not just homeowners, use the site to rent out spare rooms — and even spare couches — it strains the supply of rental houses.
  
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• Wells Fargo Fined for Mailing Error to Owners

  01-09-2016 00:00
  Wells Fargo has agreed to pay $3.45 million for a delay in mailing letters to nearly 8,000 home owners in bankruptcy. 
  
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• Million-Dollar Sales Soften: Blip or Trend?

  01-09-2016 00:00
  Sales of million-dollar homes are dropping. Is this drop a sign of trouble ahead for the luxury sector? 
  
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• J.C. Penney Wants to Be the Mall King

  01-09-2016 00:00
  Many shopping center department stores are getting the boot, but J.C. Penney is still thriving. Find out why.
  
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