Real estate news

• Obama includes handful of bank fraud pardons in major clemency sweep

  20-12-2016 23:58
  
  During his time in office, President Obama has made it a priority to exercise his clemency authority, granting clemency to significantly more individuals than any other president. This time around, in an unusual move, President Obama included a handful of people convicted of financial crimes in his major clemency sweep.
  
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• Real estate firm an entrepreneurial dream come true - Business Times of Western Colorado

  20-12-2016 23:26
  Real estate firm an entrepreneurial dream come true
  Business Times of Western Colorado
  Amy Rogers said she's realized an entrepreneurial dream in opening her own real estate firm in Grand Junction. Rogers bring to the venture experience in sales, banking and nonprofits. (Business Times photo by Phil Castle). Phil Castle, The Business Times.and more »
  
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• Primary Residential Mortgage opens new branch in Washington

  20-12-2016 23:06
  
  Primary Residential Mortgage is expanding in the Washington area with the opening of its new branch in Vancouver. To lead this new branch, the company brought on mortgage industry veteran Deanna McClelland.
  
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• Mortgage credit default rate remains frozen in November

  20-12-2016 22:37
  
  Mortgage defaults remained quiet in November despite a slight uptick heading into the holiday season. The news is a change from the rise witnessed in October. However, the future of default rates remains in question in light of rising interest rates.
  
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• Third quarter produces highest quality loans since 2001

  20-12-2016 22:33
  
  CoreLogic launched a new quarterly report which will measure how tight the credit box is compared to previous years or quarters. The report, whose data spans about 15 years, showed that loans are safer now than they have been since 2001.
  
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• Drones for Real Estate Marketing: Are They Worth It? - RisMedia.com (press release)

  20-12-2016 22:30
  
  RisMedia.com (press release)
  Drones for Real Estate Marketing: Are They Worth It?
  RisMedia.com (press release)
  In the last two years, drone technology has rapidly evolved. If you wanted an aerial image, you either had to hire a professional helicopter pilot or had to know how to assemble electrical components and solder wires, set up a flight computer and ...
  
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• Shop a Variety of Credit Union Loans

  20-12-2016 22:23
  
  NAR PULSE— REALTORS® Federal Credit Union, a division of Northwest Federal Credit Union, offers great rates on loans for you and your agents’ business and personal needs. Loans are available for a variety of reasons, including commercial real estate loans and lines of credit. Learn more.
  Keep Agents Safe with SentriSmart™When agents use SentriSmart™ to open a lockbox, the Agent Safety Feature launches and a timer starts. After a set time, the app will ask the agent fo
  
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• NAHREP Prepares for Bigger and Better Things in 2017 and Beyond

  20-12-2016 22:19
  
  The National Association of Hispanic Real Estate Professionals (NAHREP) is preparing to close the books on another successful year. With the wind at its back, CEO and Co-Founder Gary Acosta is gearing up for a new year—one that’s full of opportunity. Here, learn what’s in store for NAHREP in 2017 and beyond.
  Paige Tepping: NAHREP has achieved a great deal of success over the years. As CEO and co-founder of the organization, are there any specific milestones that stand out above
  
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• Mike Basile: The Right Markets, the Right Agents

  20-12-2016 22:16
  
  In 1980, Mike Basile, broker/owner of Berkshire Hathaway HomeServices Montana Properties, became the third agent in a three-agent startup firm, with the other two being owners. Over the next two years, the other two agents left the industry and Basile purchased their shares of furniture, fixtures and equipment for $2,400, thus becoming the new owner of the firm.
  Today, Berkshire Hathaway HomeServices Montana Properties is a leader from Big Sky to Big Fork, with offices in 12 different markets th
  
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• Real estate professionals help to make holidays happier - Business Times of Western Colorado

  20-12-2016 22:13
  Real estate professionals help to make holidays happier
  Business Times of Western Colorado
  While the holidays bring blessings to so many, others struggle this time of year. Many families that work hard just to put food on the table face additional challenges during this season. Local real estate professionals help to buy and sell houses and ...and more »
  
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• Real estate firm honors best-selling agent - Business Times of Western Colorado

  20-12-2016 22:13
  Real estate firm honors best-selling agent
  Business Times of Western Colorado
  Cynthia Castaneda was honored as the top performing agent for November at Weichert, Realtors-Heiden Homes Realty in Grand Junction. Castaneda posted the most closed transactions and most new listings for the month. She's worked as a real estate ...and more »
  
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• Holiday Shoppers Get a Head Start This Year

  20-12-2016 22:09
  
  The holidays are here, and along with seasonal festivities comes shopping—and lots of it. Each year, it seems we’re getting into the spirit earlier and earlier, hitting the stores before we’ve even sealed the envelopes on our holiday greetings. Just how early are we making our lists, and checking them twice?
  According to a recent Harris Poll, 41 percent of Americans started their holiday shopping this year by the middle of October, and 11 percent had completed more than three-q
  
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• Real Estate Company Partners With Litmus For Email Testing - MediaPost Communications

  20-12-2016 21:17
  
  MediaPost Communications
  Real Estate Company Partners With Litmus For Email Testing
  MediaPost Communications
  SmartTouch Interactive, a real estate marketing agency, announced a partnership with Litmus on Tuesday to troubleshoot email marketing campaigns before they land in a consumer's inbox. By integrating with Litmus, SmartTouch customers can test emails to ...
  
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• Real estate firm Gerding Edlen extends local reach with $90M Quincy buy - Boston Business Journal

  20-12-2016 21:12
  Boston Business Journal
  Real estate firm Gerding Edlen extends local reach with $90M Quincy buy
  Boston Business Journal
  Gerding Edlen, a Portland, Oregon-based real estate investment and development firm, has acquired Neponset Landing in Quincy for $89.5 million. Northwestern Mutual Real Estate sold the 280-unit luxury residential community on Dec. 15. Simon Butler and ...
  
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• 17 Predictions for NYC's Residential Real Estate in 2017 - DNAinfo

  20-12-2016 21:06
  
  DNAinfo
  17 Predictions for NYC's Residential Real Estate in 2017
  DNAinfo
  MANHATTAN — As the year wraps up, one thing hasn't changed in the city's real estate market: affordability still eludes many New Yorkers. The average sale price for an apartment in Manhattan, including co-ops and condos, surpassed $2 million for the ...
  
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• UPDATE: Abilene police file warrants for phones of murdered agent’s sister, brother-in-law

  20-12-2016 19:42
  
  The investigation into the murder of an Abilene real estate agent continues as police uncover new evidence. Police have now filed warrants for the phone records of the agent’s sister and brother-in-law. However, Luke Sweetser, the agent’s brother-in-law, filed his own petition with the court.
  
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• 7 Ways to Finance Your First Real Estate Investment (if Your Father's Not Fred Trump) - TheStreet.com

  20-12-2016 19:29
  
  TheStreet.com
  7 Ways to Finance Your First Real Estate Investment (if Your Father's Not Fred Trump)
  TheStreet.com
  Here are seven straightforward ways to finance your first investment property if you don't have deep-pocketed parents to lend you the money. Philip Michael. Follow. Dec 20, 2016 1:29 PM EST. A few months ago, I wrote about five things an investor with ...
  Do You Have What It Takes to Be a Real-Estate Investor?GuruFocus.com
  Wheeler Real Estate Investment Trust Inc Announces Mont
  
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• [Video] This ad campaign puts the CFPB's massive data collection under fire

  20-12-2016 19:06
  
  The US Consumer Coalition launched a targeted ad campaign against the Consumer Financial Protection Bureau’s massive data collection just in time for the holiday season. The ad attacks the bureau’s controversial data collection practices and serves as a reminder to shoppers that they’re being monitored. Watch the full ad inside.
  
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• Fannie Mae: Expect modest growth in 2017

  20-12-2016 18:33
  
  Economic conditions are improving and consumers are more confident now than they have been in several years. However, one factor still pushed Fannie Mae to predict only modest growth for 2017.
  
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• Obama's Real Estate: The Injustice of Social Justice - Townhall

  20-12-2016 18:26
  
  Townhall
  Obama's Real Estate: The Injustice of Social Justice
  Townhall
  If you think the left is upset about president-elect Trump's billionaire cabinet picks just wait until they hear about President Obama's real-estate purchases! As President Obama and First Lady Michelle Obama prepare to take their last Hawaiian ...and more »
  
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• Activist investor demands changes at Brentwood health care company - Nashville Business Journal

  20-12-2016 18:00
  Nashville Business Journal
  Activist investor demands changes at Brentwood health care company
  Nashville Business Journal
  Brentwood-based Brookdale Senior Living Inc. is facing renewed calls for structural changes at the company, which has seen its stock price fall about 60 percent over the past two years. Activist investor Land and Buildings Investment Management LLC has ...
  Another Activist Shareholder Urges Brookdale to Sell Off Real EstateSenior Housing News
  Brookdale investor calls for
  
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• OCC: Underwriting standards ease as bank appetite grows

  20-12-2016 17:59
  
  For the fourth consecutive year, the OCC found that banks are consistently loosening their credit standards as they slowly ease up from the strict standards set in place after the financial crisis. The mortgage market currently has a reputation for having tight credit standards. Is this finally starting to change?
  
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• Equity gap between top and bottom of housing market starts to narrow

  20-12-2016 16:50
  
  Negative equity is decreasing, especially among starter homes, and others in the bottom third of the housing market. This positive change is slowly closing the equity gap between homes at the bottom and top of the market, however there’s still a long way to go.
  
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• The Sunshine State Shines Again: Northern Florida's Best Real Estate Investment Opportunities - Forbes

  20-12-2016 16:35
  
  Forbes
  The Sunshine State Shines Again: Northern Florida's Best Real Estate Investment Opportunities
  Forbes
  Quick Hits: With the recession – and previous overbuilding – now digested, Florida is again a real estate growth area. Unlike South Florida, where home prices have mostly rebounded, homes are still under-priced in the North, especially in Gainesville ...
  
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• See the Top Stories in Art and Real Estate in 2016 A look at some truly artful deals. - artnet News

  20-12-2016 15:33
  
  artnet News
  See the Top Stories in Art and Real Estate in 2016 A look at some truly artful deals.
  artnet News
  It's no secret that there is an increasing degree of overlap in the realms of high-end art and luxury real estate—especially in New York. “There's a very real and exciting shift taking place,” said Ali Ebrahimi, a luxury real estate broker with ...
  
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• Bill would require background checks to renew real estate licenses - The State

  20-12-2016 15:02
  
  The State
  Bill would require background checks to renew real estate licenses
  The State
  Criminal background checks would be conducted on real estate professionals seeking to renew their South Carolina licenses under a proposed bill. The bill's sponsor, South Carolina state Rep. Chip Huggins, said he decided to propose the measure after ...and more »
  
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• Real estate listing service to be auctioned Dec. 30 - Albany Times Union

  20-12-2016 14:57
  
  Real estate listing service to be auctioned Dec. 30
  Albany Times Union
  The Capital Region Multiple Listing Service, the database of home sales and listings that is managed by local real estate agents, is being auctioned off Dec. 30. The sale of the database is the final chapter in a years-long fight between the two local ...
  
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• Is Opendoor the payday loan of real estate? - Inman.com

  20-12-2016 12:03
  
  Is Opendoor the payday loan of real estate?
  Inman.com
  According to research, median Opendoor homesellers give up 16 percent of their homes' value through equity and fees. The results for homeowners are like a payday loan: Some scenarios could push seller loss percentages into the 20s. Hacker Connect ...
  
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• $16 million condo sale may be new per-square-foot real estate record - Aspen Daily News

  20-12-2016 12:03
  $16 million condo sale may be new per-square-foot real estate record
  Aspen Daily News
  While the sale of a $16 million penthouse may be leading Aspen real estate into uncharted waters, a veteran broker says it supports his contention that ...and more »
  
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• How to market real estate in 2017 - Inman.com

  20-12-2016 09:54
  
  How to market real estate in 2017
  Inman.com
  With 2017 just around the corner, we must turn our attention to marketing best practices for the new year. While the majority of marketing changes don't happen overnight, there are trends emerging that will continue to impact the new year. Unless you ...and more »
  
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• Amazon-backed smart real estate conference set for Seattle next year - Puget Sound Business Journal (Seattle)

  20-12-2016 01:57
  Puget Sound Business Journal (Seattle)
  Amazon-backed smart real estate conference set for Seattle next year
  Puget Sound Business Journal (Seattle)
  A research group dedicated to smart real estate development will have a big convention in downtown Seattle next year. The Urban Land Institute's spring meeting will be at the Washington State Convention Center in May 2-4, showing how innovative, ...and more »
  
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• Appraisal volume halts as the holidays set in

  20-12-2016 00:25
  
  This week's appraisal volume report quickly put an end to the recent increases in volume witnessed the past couple weeks. The drop shouldn’t come as a surprise though, as the holidays set in and slow the ordering of appraisals.
  
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