Real estate news

• Phoenix's uneven real estate recovery slower than Detroit, Flint and ... - Phoenix Business Journal

  21-09-2016 23:55
  Phoenix's uneven real estate recovery slower than Detroit, Flint and ...
  Phoenix Business Journal
  Apartment sales and development keep on rolling but Phoenix has slower real GDP growth and construction activity than U.S. metro areas overall.and more »
  
  Read more

• Phoenix's uneven real estate recovery slower than Detroit, Flint and El Centro growth - Phoenix Business Journal

  21-09-2016 23:55
  Phoenix's uneven real estate recovery slower than Detroit, Flint and El Centro growth
  Phoenix Business Journal
  Apartment complexes continue to sell, restaurants keep on opening and home builders are even starting to buy some suburban land. But real GDP growth in Phoenix was a laggard 1.8 percent last year, according to the Bureau of Economic Analysis.and more »
  
  Read more

• 3 Tips for Finding Incredible Real Estate Deals Through the MLS - Forbes

  21-09-2016 23:52
  
  Forbes
  3 Tips for Finding Incredible Real Estate Deals Through the MLS
  Forbes
  Let me ask you a question: Where do most people find homes or investment properties for sale? If you said “through a real estate agent,” you'd be right. Although there are numerous ways to find real estate properties for sale outside using an agent ...
  
  Read more

• Big bank on big bank scandal: Wells Fargo dinged by JPMorgan for fake accounts

  21-09-2016 23:27
  
  In what is both a delicious bit of irony and an indication of the seriousness of the situation Wells Fargo is facing, none other than JPMorgan is dinging Wells Fargo over the fake account scandal that landed the bank’s CEO on the Senate hot seat this week.
  
  Read more

• Advertisement

• Big bank on big bank crime: Wells Fargo dinged by JPMorgan for fake accounts

  21-09-2016 23:27
  
  In what is both a delicious bit of irony and an indication of the seriousness of the situation Wells Fargo is facing, none other than JPMorgan is dinging Wells Fargo over the fake account scandal that landed the bank’s CEO on the Senate hot seat this week.
  
  Read more

• Unearth 'Hidden Gems' With Rich Yields In The New Real Estate Sector - Investor's Business Daily

  21-09-2016 22:47
  
  Investor's Business Daily
  Unearth 'Hidden Gems' With Rich Yields In The New Real Estate Sector
  Investor's Business Daily
  Real estate ETFs saw $2.93 billion in net inflow over the first two months of the third quarter. (Yong Hian Lim - Fotolia/stock.adobe.com). APARNA NARAYANAN; 11:25 AM ET. Facebook · Twitter · LinkedIn · Print · Share · Reprints. Investing in real ...and more »
  
  Read more

• Trulia: Home inventory falls for fifth straight quarter to near-record lows

  21-09-2016 22:11
  
  Home inventory fell for the fifth straight quarter in July, the longest streak of inventory declines since 2012. The lack of inventory and trend towards premium homes doesn’t bode well for the growing affordability crisis, but all hope is not lost.
  
  Read more

• Economic Growth Set to Accelerate

  21-09-2016 22:02
  
  Economic growth is poised to accelerate to 2.6 percent in the second half of the year, a rebound from the lackluster growth of 1.0 percent in the first half of 2016, according to Fannie Mae’s Economic & Strategic Research (ESR) Group’s September 2016 Economic and Housing Outlook.
  The ESR Group’s full-year 2016 forecast remains at 1.8 percent, consistent with their prior forecast. Consumer and government spending are expected to drive growth despite a cooldown in consumer ac
  
  Read more

• Advertisement

• Continued Rise Expected for U.S. Rent Prices

  21-09-2016 22:00
  
  With strong rent growth in most metropolitan areas, employment gains and low inflation countering weaker-than-expected gross domestic product, Yardi® Matrix forecasts moderate U.S. rent growth as 2017 approaches.
  A new national market outlook report from Yardi Matrix, “U.S. Multifamily Outlook 2016,” points to ongoing economic recovery in the U.S. and diminishing capital market volatility as key harbingers of modest but steady rent growth. Nationally, rents were up 5 percent year
  
  Read more

• The Wizarding Home of Harry Potter Hits the Market

  21-09-2016 21:58
  
  If Potterheads were to consider investing in some Harry Potter real estate, they’d probably aim for the Hogwarts castle. Yet, while the castle is indeed stunning, Potterheads must also remember their muggle condition. And for muggles, 4 Privet Drive, Little Whingeing, Surrey is probably as close as they’re going to get to the magic.
  Turns out the Dursley residence featured in the 2001 Harry Potter film (replaced by a set in later films) is actually a pretty quaint three-bed
  
  Read more

• Rates Hold Steady for Now, Fed Action Points to Possible Hike in December

  21-09-2016 21:17
  
  The Federal Reserve kept the benchmark rate unchanged on Wednesday, in a divided vote that alludes to the possibility of a hike before the end of the year.
  “The Committee judges that the case for an increase in the federal funds rate has strengthened but decided, for the time being, to wait for further evidence of continued progress toward its objectives,” the Federal Open Market Committee (FOMC) released in statement. “The Committee expects that economic conditions will evolve
  
  Read more

• Behind the scenes: Why the Fed decided not to raise rates

  21-09-2016 21:13
  
  The Federal Open Market Committee finished its September meeting today, and the Fed will not be raising interest rates. Janet Yellen insists, however, that it is not a lack of confidence that made the committee hold off on a rate hike.
  
  Read more

• Silver Bay Realty Trust loads up on more single-family rental homes

  21-09-2016 21:04
  
  Silver Bay Realty Trust, a real estate investment trust and one of the country’s largest operators of single-family rental homes, is expanding its portfolio. The REIT announced Wednesday that it plans to acquire approximately 320 leased homes located in Atlanta, Tampa and Orlando from an undisclosed seller for approximately $41.5 million in cash.
  
  Read more

• America's RV renaissance is a red-hot opportunity for real estate developers - Yahoo Finance

  21-09-2016 20:54
  
  Yahoo Finance
  America's RV renaissance is a red-hot opportunity for real estate developers
  Yahoo Finance
  That's a question that real estate developers are taking very seriously. So much so that in hot retirement markets across states like Nevada, Arizona and Florida, developers are seizing the opportunity to cater to the niche audience of RV owners. After ...and more »
  
  Read more

• First American completes acquisition of RedVision

  21-09-2016 20:03
  
  First American Financial Corporation, a provider of title insurance, settlement services and risk solutions for real estate transactions, announced Wednesday that it completed the acquisition of RedVision Systems, an independent national provider of title and real property research.
  
  Read more

• CFPB to credit unions: New mortgage regulations level the lending playing field

  21-09-2016 20:00
  
  After the financial crisis, the government unleashed a wave of new regulation; a move that left credit unions constantly fighting to make sure they don’t drown in the aftermath. The latest speech from CFPB Director Richard Cordray comes off as persuasive, trying to get credit unions to see all the good the rules do for them, but that's not the vibe credit unions received. Is TRID a win for credit unions?
  
  Read more

• Richey May announces new director of business development

  21-09-2016 19:44
  
  Richey May just announced Seth Cohen as its new director of business development for its mortgage banking practice. His extensive background in the mortgage industry explains why the company chose him.
  
  Read more

• Rising Real Estate Star: Shenzhen's Cross Border Tycoon - Forbes

  21-09-2016 18:59
  
  Forbes
  Rising Real Estate Star: Shenzhen's Cross Border Tycoon
  Forbes
  The blurring of commercial lines between Hong Kong and southern China is personified in the wheeling and dealing of Chen Hong Tian. At age 57, following two decades of real estate and financial activity out of Shenzhen, he is gaining new visibility in ...
  Shanghai leads the way in real estate developmentShanghai Daily (subscription)all 77 news articles »
  
  Read more

• When is the best time of year to buy a home?

  21-09-2016 18:32
  
  Spoiler: Home prices peak in the summer months, so that's not the best time to buy a home, according to a study by NerdWallet. So, can you guess the season when the listing prices of homes seem to be business as usual, but the sale price plummets? If so, you've just found the "hidden" market for homebuyers.
  
  Read more

• TransUnion: Rate hike could cause payment shock for 9M borrowers

  21-09-2016 16:37
  
  TransUnion’s study shows the results of a rate hike on consumers. While 9 million could be looking at a payment shock that they can’t absorb, the rest of consumers, while possibly getting a small monthly increase, will be relatively unaffected, unless...
  
  Read more

• Central London's Prime Real Estate Prices To Drop By 9% - Forbes

  21-09-2016 15:05
  
  Forbes
  Central London's Prime Real Estate Prices To Drop By 9%
  Forbes
  Residential real estate in prime central London will see a significant price adjustment, according to two studies published this week. Analysts at global real estate companies Savills and Knight Frank believe that the combined effect of the uncertainty ...and more »
  
  Read more

• MBA: Mortgage applications erase previous week's gains

  21-09-2016 13:05
  
  Mortgage applications erased all of the previous week’s gains, falling from one week earlier. The report before this included an adjustment for the Labor Day holiday, while this week's report accounts for one of the biggest increases in a string of lackluster results.
  
  Read more

• Real estate firm announces additions - Business Times of Western Colorado

  21-09-2016 00:48
  Real estate firm announces additions
  Business Times of Western Colorado
  Alex Blair and Arb Chivers have joined Bray Real Estate in Grand Junction as broker associates. Blair returns to his native Western Colorado after teaching kindergarten in China for five years. “It was a great experience to live and work in Shanghai ...
  
  Read more

• How Will Angelina Jolie and Brad Pitt Split Their Real Estate? - Realtor.com News

  21-09-2016 00:37
  
  Realtor.com News
  How Will Angelina Jolie and Brad Pitt Split Their Real Estate?
  Realtor.com News
  Yes, yes, we're all quite upset over global warming, terrorism, urban strife, racial intolerance, and the most depressing presidential campaign in American history. But let's take a moment to focus on something truly earth-shattering. Brangelina is no ...and more »
  
  Read more

• CFPB consumer complaint database about to hit 1 million complaints

  21-09-2016 00:23
  
  The Consumer Financial Protection Bureau’s much-maligned consumer complaint database is about to reach 1 million total complaints, CFPB Director Richard Cordray said Tuesday. And, as it turns out, the database proved helpful in levying the $185 million fine against Wells Fargo for opening 2 million fake accounts.
  
  Read more

• Personal Networking is King in Real Estate Investing - Huffington Post

  21-09-2016 00:20
  
  Huffington Post
  Personal Networking is King in Real Estate Investing
  Huffington Post
  I'm talking about the tried and true human interactions that build relationships that deliver opportunities. Meeting people with like goals or similar interests has always been one of the most productive business-building activities. The Real Estate ...
  
  Read more

• This Wireless Device Can Read Your Emotions

  21-09-2016 00:00
  Imagine using a device to read your clients’ true emotions in your business relations. This could be the future.
  
  Read more

• Freddie Tests Less-Stringent Loan Program

  21-09-2016 00:00
  Freddie Mac and two non-bank lenders are easing income and documentation requirements for mortgage borrower applicants under a new pilot program...
  
  Read more

• Builders: ‘Mild Speed Bump’ in New Homes

  21-09-2016 00:00
  After two consecutive months of gains, housing starts recede. But the builders' trade group calls it a temporary blip. 
  
  Read more

• Are Higher Rates Spooking Buyers?

  21-09-2016 00:00
  An uptick in mortgage rates is softening the number of mortgage applications. 
  
  Read more

• A Lesson for Sellers on Disclosures

  21-09-2016 00:00
  “Most sellers think it is in their best interest to disclose as little as possible,” a real estate attorney says. But that could land...
  
  Read more

Follow @RealEstate_Nws_ on Twitter!