Real estate news

• Abilene police make arrest in connection with murdered real estate agent

  15-12-2016 23:27
  
  The mysterious murder of a real estate agent in a small town in West Texas is starting to come together as police made an arrest in connection to the case. Police previously stated they did not believe the shooting was random, and they may have been right. The man arrested was the agent’s brother-in-law.
  
  Read more

• Exclusive: Nationstar CEO Jay Bray on Mr. Cooper, the company's future

  15-12-2016 23:11
  
  Given the company’s recent radio silence on its massive rebranding efforts, it may seem like Nationstar Mortgage’s transformation into Mr. Cooper is in a perpetual holding pattern. But when one visits Nationstar’s headquarters in the Dallas suburb of Coppell, it’s clear that Mr. Cooper is both the company’s present and its future. In an exclusive interview, HousingWire sat down with Nationstar CEO Jay Bray to find out more about Mr. Cooper and what it means for Nati
  
  Read more

• Feds charge Ridgefield Park man in real estate fraud scheme - NorthJersey.com

  15-12-2016 22:14
  
  Patch.com
  Feds charge Ridgefield Park man in real estate fraud scheme
  NorthJersey.com
  A 65-year-old Ridgefield Park man and two real estate brokers are accused of illegally obtaining bank loans. Loading… Post to Facebook. Feds charge Ridgefield Park man in real estate fraud scheme A 65-year-old Ridgefield Park man and two real estate ...
  Bergen Man Charged In $1M 'Shotgun' Real Estate Loan SchemePatch.comall 2 news articles »
  
  Read more

• Embattled San Francisco nuns' soup kitchen saga not over yet

  15-12-2016 22:14
  
  The story of two San Francisco Bay Area nuns who provide food for the city's homeless still doesn't have a happy ending. In February, the nuns faced eviction after their rent was raised too high for them to afford, but then a surprise benefactor helped relocate them into a condo. Now, however, their neighbors are looking to block the relocation of the soup kitchen.
  
  Read more

• Advertisement

• Embattled San Francisco nuns' homeless program saga not over yet

  15-12-2016 22:14
  
  The story isn’t at its happy ending yet for two San Francisco Bay Area nuns who were being threatened with eviction from the residence they use to feed the homeless. Before the two nuns could even appreciate the condo a surprise benefactor helped pay for, neighbors of the condo are looking to block the move.
  
  Read more

• PACE Programs Offer Benefits, Dangers

  15-12-2016 22:05
  
  Property Assessed Clean Energy (PACE) programs provide financing for energy-related home improvement projects such as solar panels or energy-efficient windows. PACE programs allow local governments to provide financing to property owners for these projects, and homeowners repay the amount borrowed, over a period of years, through an assessment added to their property tax bill.
  PACE programs allow homeowners to make their homes more energy-efficient and save money on their utility bills. While th
  
  Read more

• What's new in residential real estate projects - Albany Times Union

  15-12-2016 22:04
  
  Albany Times Union
  What's new in residential real estate projects
  Albany Times Union
  Kitchen in an apartment during a tour of Albany Lofts at One Broadway which had an open house on Monday, Dec. 5, 2016 in Menands, N.Y. The building is the former Albany International corporate headquarters. (Lori Van Buren / Times Union) less.
  
  Read more

• Prominent Orthodox NY real estate developer indicted in voter fraud attempt - Jewish Telegraphic Agency

  15-12-2016 21:55
  
  Jewish Telegraphic Agency
  Prominent Orthodox NY real estate developer indicted in voter fraud attempt
  Jewish Telegraphic Agency
  NEW YORK (JTA) — Federal prosecutors have indicted Shalom Lamm, a prominent Jewish real estate developer, along with two colleagues, for conspiring to commit voter fraud in an upstate New York village in which he had bought land. Lamm, along with ...
  Real Estate Developer of New York Hasidic Enclave Charged With Electoral ConspiracyHaaretz
  Rockland Real Esta
  
  Read more

• Advertisement

• Real Estate Essentials 2 - CIproud.com

  15-12-2016 21:41
  
  Real Estate Essentials 2
  CIproud.com
  When selling your house you need to determine your selling price. Use these tips to help determine what price to list your house at.Think like a buyer: Try to look at your home from a buyer's prospective and determine how much would an able buyer be ...
  
  Read more

• 2 Men Charged in Santa Maria Real Estate Fraud Case - Noozhawk

  15-12-2016 21:18
  
  2 Men Charged in Santa Maria Real Estate Fraud Case
  Noozhawk
  Two Santa Maria men have been charged with allegedly committing real estate fraud involving losses topping $500,000, the Santa Barbara County District Attorney's Office said Thursday. Angelo Gabriel Naemi was arrested for suspicion of five counts of ...
  Source: District Attorney of Santa Barbara CountySanta Barbara Edhatall 2 news articles »
  
  Read more

• ATTOM: Foreclosure filings show largest monthly decrease since 2010

  15-12-2016 21:15
  
  Foreclosures tumbled in November, marking the greatest monthly decrease since 2010, but perhaps this is no surprise after the sudden increase in October. Annually, the trend continues to move down as foreclosures become less of a problem within the housing market.
  
  Read more

• Apollo Commercial Real Estate Finance (ARI) Passes Through 11% Yield Mark - Forbes

  15-12-2016 21:12
  
  Forbes
  Apollo Commercial Real Estate Finance (ARI) Passes Through 11% Yield Mark
  Forbes
  Looking at the universe of stocks we cover at Dividend Channel, in trading on Thursday, shares of Apollo Commercial Real Estate Finance Inc. (NYSE: ARI) were yielding above the 11% mark based on its quarterly dividend (annualized to $1.84), with the ...
  6 Types of Commercial Real Estate InvestmentsYahoo Finance
  Stock Worth Mentioning Today: Ares Commercial Real Estate Corp Stock Is Crashing NowPress Tel
  
  Read more

• US$268 Million Raised for Latest TC Latin America Partners Real Estate Fund Focused on Peru, Colombia And Mexico - Business Wire (press release)

  15-12-2016 20:38
  
  US$268 Million Raised for Latest TC Latin America Partners Real Estate Fund Focused on Peru, Colombia And Mexico
  Business Wire (press release)
  NEW YORK--(BUSINESS WIRE)--TC Latin America Partners, the Latin American real estate fund manager, has successfully reached a final close on its second fund, Terranum Capital Latin America Real Estate Fund II (“TCLAREF II” or the “Fund”) on ...and more »
  
  Read more

• Amsterdam to partner with Laffey Real Estate - The Island Now

  15-12-2016 20:11
  
  The Island Now
  Amsterdam to partner with Laffey Real Estate
  The Island Now
  Laffey Real Estate announced last Wednesday an exclusive agreement to represent The Amsterdam at Harborside, a luxury retirement community in Port Washington. “This is the first time Amsterdam has embraced the brokerage community,” said Mark Laffey ...
  
  Read more

• HSBC credited with $223 million in consumer relief

  15-12-2016 20:04
  
  The first report is out on the status of HSBC’s compliance with the National Mortgage Settlement. The servicer is off to a good start and fulfilled 60% of its consumer relief obligation so far.
  
  Read more

• Couple wins $922K arbitration claim over illiquid real estate investments - InvestmentNews

  15-12-2016 19:25
  
  InvestmentNews
  Couple wins $922K arbitration claim over illiquid real estate investments
  InvestmentNews
  Mid Atlantic Capital Corp., an independent broker-dealer, lost a $922,000 arbitration award on Tuesday to a couple who sued the company over sales of illiquid real estate private placements and nontraded real estate investment trusts. The claimants ...
  
  Read more

• SunTrust fails one National Mortgage Settlement test in first quarter

  15-12-2016 18:41
  
  SunTrust didn’t quite make the cut in the latest report from the monitor of the National Mortgage Settlement. According to the update, SunTrust failed to uphold one metric in the National Mortgage Settlement requirements during the first quarter of 2016 and the bank’s Corrective Action Plan is currently under review.
  
  Read more

• Yet another real estate agent mysteriously shot and killed - HousingWire

  15-12-2016 18:38
  
  HousingWire
  Yet another real estate agent mysteriously shot and killed
  HousingWire
  Police found a real estate agent shot to death in an abandoned home in Atlanta, according to an article by Richard Elliot for WSB-TV. Police found 32-year-old David Abbasi Friday afternoon after responding to a call about shots fired. The agent died in ...
  
  Read more

• Yet another real estate agent mysteriously shot and killed

  15-12-2016 18:20
  
  For the second time within a week, a real estate agent was shot under mysterious circumstances. This time, the tragedy occurred in an abandoned home in Atlanta. Here’s what police know about the home, and what the agent was doing there.
  
  Read more

• These 8 Real Estate Startups Are in MIT's First 'DesignX' Cohort - BostInno

  15-12-2016 17:33
  These 8 Real Estate Startups Are in MIT's First 'DesignX' Cohort
  BostInno
  The fifteen MIT teams that competed to be part of DesignX. Image via Tom Gearty. twitter. facebook. send via email. SHARE. These 8 Real Estate Startups Are in MIT's First 'DesignX' Cohort. Earlier this year, MIT announced that it would be creating ...
  
  Read more

• Real estate firm to build $5M HQ in Carmel - Indianapolis Star - Indianapolis Star

  15-12-2016 17:24
  
  Indianapolis Star
  Real estate firm to build $5M HQ in Carmel - Indianapolis Star
  Indianapolis Star
  CARMEL — Encore Sotheby's International Realty plans to build a new $5 million headquarters at the intersection of Old Meridian Street and Pennsylvania ...
  Boutique real estate firm announces plans for $5M office in CarmelIndianapolis Business Journal (blog)all 8 news articles »
  
  Read more

• NOTICE OF SUBSTITUTE TRUSTEE'S SALE OF REAL ESTATE - Covington Leader (subscription)

  15-12-2016 16:43
  
  NOTICE OF SUBSTITUTE TRUSTEE'S SALE OF REAL ESTATE
  Covington Leader (subscription)
  WHEREAS, on May 27, 2015, PHILLIP A. CATES, now deceased, by a Deed of Trust of record in Record Book 1655, at Page 412, in the Register's Office of Tipton County, Tennessee, conveyed the following described property in trust to secure the payment of ...and more »
  
  Read more

• Home builder confidence ends the year at highest point since 2005

  15-12-2016 16:32
  
  Builders hit their highest confidence level since 2005 after the election of President-elect Donald Trump. As the confidence increases, the hope is that builders begin to bring life to what could be a very inventory-starved housing market in 2017.
  
  Read more

• Fordham University creates Real Estate Institute, launches professional certificate programs - Real Estate Weekly

  15-12-2016 16:24
  Real Estate Weekly
  Fordham University creates Real Estate Institute, launches professional certificate programs
  Real Estate Weekly
  Fordham University has launched a new program at its Lincoln Center campus for real estate professionals: the Fordham Real Estate Institute at Lincoln Center. Beginning in spring 2017, students will have access to professional certificate programs in ...
  
  Read more

• Freddie Mac: Mortgage activity could be greatly subdued in 2017

  15-12-2016 16:02
  
  Interest rates increased yet again, according to Freddie Mac’s survey, however the survey was completed before the Federal Open Market Committee announced this year’s first rate hike. Now, Freddie Mac explains what rising interest rates could do to the housing market in 2017.
  
  Read more

• South Florida moving toward real estate bubble: Anderson & Carr's Banting - The Real Deal Magazine

  15-12-2016 15:56
  
  The Real Deal Magazine
  South Florida moving toward real estate bubble: Anderson & Carr's Banting
  The Real Deal Magazine
  South Florida is headed toward a real estate bubble, but we're not there yet, said Robert Banting, president of appraising firm Anderson & Carr in West Palm Beach. “But it's just a matter of time before the next [real estate] recession,” he said at a ...
  
  Read more

• This is why markets went nuts on Fed’s rate hike

  15-12-2016 15:00
  
  On Wednesday, the Federal Open Market Committee announced the target federal funds rate would increase by 25 basis points. This move surprised exactly no one, a move widely predicted, so why did markets react with volatility?
  
  Read more

• Are HOA Dues Making Real Estate Unaffordable? - The Mortgage Reports (blog)

  15-12-2016 13:37
  
  The Mortgage Reports (blog)
  Are HOA Dues Making Real Estate Unaffordable?
  The Mortgage Reports (blog)
  When mortgage rates move a quarter percent in any direction, that's big news. But lurking in the background are fees for homeowners associations. (HOA dues). Don't overlook them. HOA dues are an expense that can sink many loan applications and derail ...
  
  Read more

• How real estate agents can prep for tax season in 3 steps - Inman.com

  15-12-2016 12:03
  
  How real estate agents can prep for tax season in 3 steps
  Inman.com
  Open a business bank account if you don't already have one, and use your business check card to pay for all business expenses. Keep track of receipts throughout the year with photos in Evernote. Use your calendar to track mileage for deductions. Get ...and more »
  
  Read more

• A bird's eye view of real estate risk disclosure - GreenBiz

  15-12-2016 11:05
  
  GreenBiz
  A bird's eye view of real estate risk disclosure
  GreenBiz
  Opportunistic and value-add real estate investment strategies are topping the charts in both number of funds seeking capital as well as in total equity amounts targeted. This is evident in PERE Research & Analytics' Q3 Fundraising Report (PDF).and more »
  
  Read more

• New York investor buys Scranton real estate - Citizens Voice

  15-12-2016 10:01
  
  New York investor buys Scranton real estate
  Citizens Voice
  A New York City real estate investor has purchased five buildings at Mulberry Street and North Webster Avenue. Patrick Mitchell paid. $2.8 million for four retail spaces and 14 apartment units near the University of Scranton, from former owner ...
  
  Read more

• BRIEF-Ajwan Gulf Real Estate says CMA approves capital increase - Reuters

  15-12-2016 07:32
  
  BRIEF-Ajwan Gulf Real Estate says CMA approves capital increase
  Reuters
  PARIS, Dec 15 The chief prosecutor in the negligence trial of IMF chief Christine Lagarde in Paris called for her acquittal on Thursday saying the hearing had failed to support the "very weak" accusation against her.and more »
  
  Read more

• Hanover gets updates on real estate and county employees ... - Richmond.com

  15-12-2016 03:05
  
  Richmond.com
  Hanover gets updates on real estate and county employees ...
  Richmond.com
  The Hanover County Board of Supervisors received updates on its real estate landscape and the demographics of county employees before turning to two ...and more »
  
  Read more

• Here's more industry response to the Fed raising interest rates

  15-12-2016 01:00
  
  Since the majority of the market believed the Federal Reserve would increase interest rates this Wednesday, a lot of economists had time to formulate what this news would mean for the housing market. As the comments continued to pour in, we covered them here. Even though the market already assumed this December increase, it’s what economists believe will happen moving forward that’s most telling.
  
  Read more

• This is the ‘big unknown’ for housing in 2017

  15-12-2016 00:31
  
  The highly anticipated rate hike from the Federal Open Market Committee brings a new question to housing in 2017. This question, the “big unknown” for housing in 2017, may only be answered with time.
  
  Read more

• Banks move quickly to raise prime lending rates

  15-12-2016 00:03
  
  Not too long after the Federal Open Market Committee finally elected to increase the federal funds rate, banks started to announce they are increasing their prime lending rates. Here is an update of those bank announcements.
  
  Read more

• Yahoo: 1 Billion User Accounts Hacked

  15-12-2016 00:00
  Here’s what to do immediately if you have a Yahoo account.  
  
  Read more

• The 10 Healthiest States to Call Home

  15-12-2016 00:00
  You may have the chance to live longer if you reside in one of these ultra-healthy states. 
  
  Read more

• Is the Starter Home Coming Back?

  15-12-2016 00:00
  Millennials are finding they may be able to jump into homeownership sooner if they’re willing to purchase a home that requires some TLC and...
  
  Read more

• Fed Hikes Rates: The Mortgage Impact

  15-12-2016 00:00
  The Federal Reserve made its move Wednesday in raising short-term interest rates, and now those in real estate are waiting for what happens next....
  
  Read more

• Families Can Get $11,000 More In Loan Funds

  15-12-2016 00:00
  Interest rates are inching up and credit can still be hard to get but there is one bright spot for households hoping to buy a home soon: they can...
  
  Read more

Follow @RealEstate_Nws_ on Twitter!