Real estate news

• Tucson Real Estate: Downtown plaza nets $8.7 million - Arizona Daily Star

  12-09-2016 23:39
  
  Arizona Daily Star
  Tucson Real Estate: Downtown plaza nets $8.7 million
  Arizona Daily Star
  The buildings at 350 E. Congress, left, The Cadence, and at 345 E. Congress, Centro, make up Plaza Centro in downtown, Saturday, Sept. 10, 2016, Tucson. Broadway Road underpass in 1963. Buy Now. Dan Tortorell / Tucson Citizen. Spectators watch as ...
  
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• "Pervasive culture of waste and abuse" discovered in Nevada Hardest Hit Fund program

  12-09-2016 23:33
  
  Thanks to what investigators are calling a “pervasive culture of waste and abuse,” millions of dollars from the federal government that were supposed to help struggling Nevada homeowners keep their homes instead went to pay for cars, holiday parties, employee bonuses, employee gifts, employee outings, staff lunches, and a number of other wasteful expenses, a scathing investigation by a federal watchdog found.
  
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• Why one expert says value of buying a home is overrated

  12-09-2016 23:15
  
  Studies show that homeownership rates among Millennials is lower than any other generation. Not only that, but that rate doesn’t look like it will increase anytime soon. One expert’s response? “Good for them.”
  
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• In the land of the Eichler, a growing real estate battle - The Mercury News

  12-09-2016 23:09
  
  The Mercury News
  In the land of the Eichler, a growing real estate battle
  The Mercury News
  Soraya Luschas, 9, left, and her sister, Sabrina, 6, sit in the living room of their parent's Eichler home in Sunnyvale, Calif., Wednesday, August 31, 2016. Susan Luschas and her husband, Manuel, love their Eichler, one of many built as high-quality ...
  
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• Greenwich real estate among priciest in the nation - Westport News

  12-09-2016 22:27
  
  Westport News
  Greenwich real estate among priciest in the nation
  Westport News
  Charlie Young, president and chief executive officer of Coldwell Banker Real Estate, speaks during a Bloomberg Television interview in New York last week. Charlie Young, president and chief executive officer of Coldwell Banker Real Estate, speaks ...and more »
  
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• Spotlight: Setting the Stage for Continued Success

  12-09-2016 22:09
  
  One glance at the exhaustive list of specialties and markets being served by Tricia Kiefer and Tiffany Lester of The Kiefer-Lester Team at Coldwell Banker Premier Realty in Las Vegas, Nev., proves that these real estate professionals have all the bases covered for their expansive range of clients.
  That includes educating each and every buyer and seller as to the advantages associated with home warranty products, such as those offered by American Home Shield® (AHS®).
  As the city continues
  
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• Consumers’ Inflation and Expectations Rise

  12-09-2016 22:09
  
  The August 2016 Survey of Consumer Expectations shows an increase in both short-term and medium-term inflation expectations. In particular, the median year-ahead inflation expectations reached its highest level of the year. Median expected household income growth also increased (for the third month in a row) to its highest level since May of 2015. Labor market expectations were mixed: Expectations about finding a job and earnings growth both improved, but the perceived probability of losing a jo
  
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• Great Spaces: A Japanese-Inspired Mountain Resort in Telluride

  12-09-2016 22:08
  
  Known for its unparalleled natural beauty, history and unique lifestyle, Telluride is a beautiful retreat set in the San Juan Mountains of Colorado. Hovering at 8,750 feet above sea level, Telluride sits in a box canyon surrounded by stunning thirteen- and fourteen-thousand-foot mountains—the perfect backdrop for the future owners of this massive “Great Space.”
  Nestled in towering spruce trees directly trailside on the Telluride Ski Resort, this custom-crafted residence was ins
  
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• NHI to Attend the BMO Capital Markets 11 th Annual Real Estate Conference - Business Wire (press release)

  12-09-2016 22:05
  
  NHI to Attend the BMO Capital Markets 11 th Annual Real Estate Conference
  Business Wire (press release)
  MURFREESBORO, Tenn.--(BUSINESS WIRE)--National Health Investors, Inc. (NYSE:NHI) announced that Eric Mendelsohn, President and CEO, and John Spaid, EVP of Finance, will attend the BMO Capital Markets 11th Annual Real Estate Conference.and more »
  
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• How technology solutions can reduce mortgage loan turn times

  12-09-2016 21:44
  
  When it comes to the mortgage loan process, timing is everything. Borrowers and real estate professionals are expected to set more accurate and accountable target closing dates, prompting mortgage lending companies to look for opportunities to improve loan processing timeframes by leveraging technology.
  
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• Mediterranean-style homes losing popularity

  12-09-2016 21:06
  
  Mediterranean-style homes peaked in popularity in the 1990s, but now the style seems to be fading as home prices stall out in this home style even while home prices around them rose. It seems that homebuyers are looking to a new style of home that continues to rise in price and popularity.
  
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• Cornerstone puts tower at 551 Madison Avenue up for sale - The Real Deal Magazine

  12-09-2016 21:05
  
  Cornerstone puts tower at 551 Madison Avenue up for sale
  The Real Deal Magazine
  Asset management firm Cornerstone Real Estate Advisers, now known as Barings following a $275 billion merger Monday, is looking to sell the 150,000-square-foot office-and-retail building it owns at 551 Madison Avenue, sources told The Real Deal.
  
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• Inland Real Estate Acquisitions, Inc. Purchases Multifamily Property in Lakewood, Colorado - Business Wire (press release)

  12-09-2016 21:00
  
  Inland Real Estate Acquisitions, Inc. Purchases Multifamily Property in Lakewood, Colorado
  Business Wire (press release)
  OAK BROOK, Ill.--(BUSINESS WIRE)--Inland Real Estate Acquisitions, Inc. announced today that it facilitated the acquisition of WestLink at Oak Station, a 244-unit multifamily property located in Lakewood, Colorado, approximately nine miles west of ...and more »
  
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• If You Can Make It in NYC Real Estate, You Really Should - National Mortgage News

  12-09-2016 19:28
  
  National Mortgage News
  If You Can Make It in NYC Real Estate, You Really Should
  National Mortgage News
  Editor's Note: The Producer Profile series highlights career anecdotes and insights into the success of the loan officers who appeared in National Mortgage News' 2016 Top Producer rankings. Debra Shultz of Guaranteed Rate ranked No. 129 on the 2016 ...
  
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• Atlanta Fed President: Time for a serious discussion on raising interest rates

  12-09-2016 19:25
  
  The Fed seems to be divided on a September rate hike. The Federal Reserve Bank of Atlanta president says that current economic conditions don’t necessarily guarantee a rate hike, but they do show that it’s time for a serious discussion on the topic.
  
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• Here's how to ensure TRID-compliant property tax estimates

  12-09-2016 19:00
  
  Post-TRID, we're in a completely different world when it comes to providing timely and – more importantly – accurate information to borrowers. While the mortgage industry may have been able to proceed for decades without a unified standard for property tax disclosures, that’s just not sufficient any longer.
  
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• JPMorgan Chase shakes up mortgage lending leadership

  12-09-2016 18:43
  
  JPMorgan Chase shook up its mortgage lending leadership, promoting three employees to new executive positions. Included in the changes are two new co-heads of its originations business.
  
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• JPMorgan Chase announces three new mortgage executive promotions

  12-09-2016 18:43
  
  JPMorgan Chase overhauled some of the top positions in its mortgage division, promoting three employees to new executive roles. Included in the changes are two new co-heads of its originations business.
  
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• Mark Spain Real Estate ranks on the 2016 Inc. 5000 with 3-year sales growth of 285 percent - MDJOnline.com

  12-09-2016 18:28
  
  MDJOnline.com
  Mark Spain Real Estate ranks on the 2016 Inc. 5000 with 3-year sales growth of 285 percent
  MDJOnline.com
  Earlier this year, the Time Square Reuters sign in New York City — at 22 stories tall and more than 7,000 square feet — showcased that Inc. magazine listed Mark Spain Real Estate on its 35th annual Inc. 5000, a ranking of the nation's fastest-growing ...
  
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• Multifamily, commercial mortgage delinquency rates near 20-year lows

  12-09-2016 18:16
  
  A recent report from MGIC showed a decrease of over 20% in residential mortgage delinquent inventory. As it turns out, delinquencies are dropping for more than just residential mortgages.
  According to a new report from the Mortgage Bankers Association, multifamily and commercial mortgage delinquency rates are nearing 20-year lows as well.
  
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• WSJ City's Brexit Briefing: Cameron Quits; UK Real Estate Fund Reopens - Wall Street Journal (blog)

  12-09-2016 18:13
  Wall Street Journal (blog)
  WSJ City's Brexit Briefing: Cameron Quits; UK Real Estate Fund Reopens
  Wall Street Journal (blog)
  Good afternoon from London. Here's essential reading for the City on today's Brexit developments from WSJ City. For updates throughout the day, you can download WSJ City for iPhone here or Android here. You'll need to open this email on your mobile ...
  
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• Which US Commercial Real Estate Sectors Might Be Nearing Oversupply? - Urban Land

  12-09-2016 17:45
  
  Urban Land
  Which US Commercial Real Estate Sectors Might Be Nearing Oversupply?
  Urban Land
  Construction during the current real estate cycle has generally stayed below historical trends, but deliveries have increased as the cycle matures, prompting a look at whether markets are becoming overbuilt. Apartment: Apartment construction has ...
  
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• Granite Peak Partners Expands Real Estate Advisory Services - Noozhawk

  12-09-2016 16:55
  
  Granite Peak Partners Expands Real Estate Advisory Services
  Noozhawk
  Granite Peak Partners has announced that it is expanding its real estate advisory services. As part of the expansion, Granite Peak now offers generational transition planning and execution of wealth maximizing solutions for high-net-worth families, ...
  
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• [video] MBA President explains need for housing director

  12-09-2016 16:29
  
  The Mortgage Bankers Association president and CEO explained the need for a housing policy director, and why this position is crucial to the next administration. According to the MBA, we are on the front edge of a new kind of housing crisis.
  
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• Nation’s Top Real Estate Leaders to Gather This Week for RISMedia CEO Exchange

  12-09-2016 16:08
  
  Tomorrow, we’re looking forward to the gathering of 250 of the top real estate leaders and influencers at the RISMedia CEO Exchange. Taking place this year at New York City’s prestigious Harvard Club, this group of industry professionals will come together September 13 and 14 to discuss “Seizing the Day, Winning the Future.” Topics will focus on the current state of the market and how we can excel moving forward.
  Opening remarks will begin at 1:30 p.m. with a warm welcome
  
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• Real Estate Game Works Launches Simulation for Continuing Education - Business Wire (press release)

  12-09-2016 16:07
  
  Real Estate Game Works Launches Simulation for Continuing Education
  Business Wire (press release)
  Seattle-area startup launches a fun, interactive online simulation for real estate agents seeking to renew their licenses. September 12, 2016 10:07 AM Eastern Daylight Time. SEATTLE--(BUSINESS WIRE)--Real Estate Game Works (REGW), a Seattle-area ...and more »
  
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• UK Real-Estate Funds Reopen After Brexit Shut Down - Wall Street Journal

  12-09-2016 15:15
  
  Wall Street Journal
  UK Real-Estate Funds Reopen After Brexit Shut Down
  Wall Street Journal
  Some U.K. real-estate funds have started thawing out after the post-Brexit freeze. Asset manager Columbia Threadneedle Investments on Monday said its U.K. property fund would reopen later this month. The London-based firm had shut down trading in early ...and more »
  
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• Commercial Real Estate - Northern Nevada Business Weekly

  12-09-2016 15:13
  
  Commercial Real Estate
  Northern Nevada Business Weekly
  The company purchased 6,372 square feet at 136 and 150 Ridge St., Reno, Lindy Deller and Tom Fennell of Dickson Commercial Group represented the seller, Neumann Family Trust. Retail. Bazaar European Deli & Café, LLC. The company leased 2,098 ...
  
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• State of the St. Louis real estate market - fox2now.com

  12-09-2016 14:46
  
  State of the St. Louis real estate market
  fox2now.com
  ST. LOUIS (KTVI) - The St. Louis area real estate market is hot. In fact, it's considered one of the best places in the country to buy a home. But a listing for a home on one site might be listed as a 3-bedroom, but it's actually a 4-bedroom. Why the ...
  
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• BRIEF-China Real Estate plans project JV - Reuters

  12-09-2016 13:03
  
  BRIEF-China Real Estate plans project JV
  Reuters
  Reuters is the news and media division of Thomson Reuters. Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news ...
  
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• Here are the 25 cities with the biggest rent hikes right now

  12-09-2016 13:00
  
  The second-quarter report for the top 25 cities with the biggest rent hikes is out, with quite a few changes on it compared to the first quarter. The No. 1 city might still be the same, but many others jumped around. Take a look to see what's different and where to invest.
  
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• Gramercy Property Trust and TPG Real Estate Form Strategic Office Partners - Business Wire (press release)

  12-09-2016 12:45
  
  National Mortgage Professional Magazine
  Gramercy Property Trust and TPG Real Estate Form Strategic Office Partners
  Business Wire (press release)
  NEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE:GPT) and TPG Real Estate announced today that they have partnered to form Strategic Office Partners, a platform that will aggregate a diverse portfolio of single-tenant office assets in ...
  TPG, Gramercy Create Venture to Buy $1 Billion of Real EstateBloomberg
  New Commercial Real Estate Plat
  
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• Nation's Top Real Estate Leaders to Gather This Week for RISMedia ... - RisMedia.com (press release)

  12-09-2016 06:10
  RisMedia.com (press release)
  Nation's Top Real Estate Leaders to Gather This Week for RISMedia ...
  RisMedia.com (press release)
  Tomorrow, we're looking forward to the gathering of 250 of the top real estate leaders and influencers at the RISMedia CEO Exchange. Taking place this year at ...and more »
  
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• Monday Morning Cup of Coffee: Fannie Mae sets official date for using trended credit data

  12-09-2016 06:01
  
  After market anticipation, the launch date is finally set for the release of Fannie Mae’s Desktop Underwriter Version 10.0. Best part is this update is expected to open up the credit box to potential borrowers previously deemed unworthy. With Home Affordable Refinance Program extended into 2017, it also means that the threat of scammers pretending to offer government-sponsored modifications isn't going away. Beware.
  
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• Market Weakens in the West

  12-09-2016 06:01
  
  Summer real estate activity has boosted quarterly regional growth in the Midwest and South, while a drop in quarterly performance out West fuels speculation of a cooling market, according to the new Clear Capital® September 2016 Home Data Index (HDI) Market report.
  Nationally, quarterly growth continues to stay steady, increasing slightly 0.1 percent since last month, as it rises to a 0.8 percent price increase over the last quarter. This is the first time since last November that
  
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• Real Estate’s Public Image Surges

  12-09-2016 00:00
  Americans’ positive views of the real estate industry haven't been this high in 12 years. 
  
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• Old School Marketing Strategies That Still Work

  12-09-2016 00:00
  You don’t need the latest and greatest technology to generate buzz and bring in new clients. Try these techniques from the past. 
  
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• Mediterranean-Style Homes Losing Appeal?

  12-09-2016 00:00
  The architectural style that dominated in the 1990s is losing out lately as buyers favor more modern architecture.
  
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• Agent Targets Frustrated Voters in Ads

  12-09-2016 00:00
  One real estate professional is attracting buzz by poking fun at the presidential campaign. 
  
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• A Generation of Buyers Is Getting Left Behind

  12-09-2016 00:00
  One real estate analyst cautions against expecting the home ownership rate among millennials to rise anytime soon.
  
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• 10 Metros With the Most Vacant Homes

  12-09-2016 00:00
  Investment properties are accounting for the biggest bulk of unoccupied homes nationwide. 
  
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