Real estate news

• Improper Payments, Unused Real Estate Top Congressman's Wasteful-spending Report - The New American

  22-12-2016 23:28
  
  Improper Payments, Unused Real Estate Top Congressman's Wasteful-spending Report
  The New American
  Merry Christmas, taxpayer. Your hard-earned money is still being frittered away by Uncle Sam at an alarming rate. In his latest Waste Watch report, Representative Steve Russell (R-Okla.) highlights $140 billion in “cost overruns, poorly designed ...
  
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• Trump nominates Mick Mulvaney for director of the Office of Management and Budget

  22-12-2016 22:08
  
  Rep. Mick Mulvaney, R-S.C., is one of the latest nominations to come out of Trump’s team. The president-elect selected Mulvaney for director of the Office of Management and Budget. While not much is known about him right now, what we do know so far could change the way the CFPB deals with regulations.
  
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• Buyer Representation: The Competitive Difference

  22-12-2016 22:06
  
  Most real estate professionals are well aware that more than 90 percent of today’s homebuyers begin their home search online. What may not be as widely known is that a whopping 88 percent of those buyers ultimately turned to a real estate agent to guide them through the transaction.
  What does it take to be the kind of practitioner who attracts and serves serious buyers, earns their trust and builds lasting relationships because of their skills as a buyer’s representative?
  We thought
  
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• Where Are They Now? Mortgage Rates Respond to Fed Hike

  22-12-2016 22:05
  
  Average fixed mortgage rates climbed again for the eighth week in a row following the Federal Reserve’s decision to raise the key rate, according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS®), with the 30-year fixed-rate averaging 4.30 percent with an average 0.5 point—up from last week’s 4.16 percent.
  “A week after the only rate hike of 2016, the mortgage industry digested the Fed’s decision and this week’s survey reflects that respon
  
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• Homes Appreciating at Pre-Bust Pace

  22-12-2016 22:04
  
  Homes have appreciated to pre-bust pace, with values rising at an annual rate of 6.5 percent as of November, according to Zillow’s recently released Real Estate Market Reports, with the Zillow Home Value Index (ZHVI) at a median of $192,500. The pace of growth is the fastest since the 2006 peak of the bubble, when homes were appreciating at an annual rate of 11 percent.
  “Home value growth continues to be strong, supported by solid buyer demand and still limited for-sale inventory in
  
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• At Work on Christmas? It’s Not Just You

  22-12-2016 22:02
  
  (TNS)—It’s the most wonderful time of the year—unless you happen to be working for an employer with a Scrooge-like heart and disdain for holiday pay. You just might find yourself working Christmas without so much as an extra candy cane to show for it.
  The bad news is that there’s not much you can do about it. Generally speaking, employers are not required to offer paid holidays to their workers, whether it’s Christmas, the Fourth of July or any other federally recog
  
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• Real estate professionals lost confidence in housing before election - HousingWire

  22-12-2016 21:41
  
  ThinkAdvisor
  Real estate professionals lost confidence in housing before election
  HousingWire
  Real estate professionals are feeling less optimistic in the fourth quarter about the economy due rising interest rates, according to the Real Estate Sentiment Index from First American Financial Corp. After raising rates in December, the Federal ...
  Election, Rate Expectations Dim Real Estate Outlook: SurveyThinkAdvisorall 2 news articles »
  
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• Civil rights groups stand behind CFPB director Cordray

  22-12-2016 21:41
  
  Richard Cordray, the director of the Consumer Financial Protection Bureau, has been under fire from the incoming Trump administration, which has declared its intention to dismantle the Dodd-Frank Act which established the bureau. Despite that, Cordray is planning to finish his term as director, and is now getting support from several civil rights groups.
  
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• DOJ sues Barclays over faulty RMBS claims

  22-12-2016 21:20
  
  The ripples from the financial crisis are far from over. Barclays is now the newest bank to get thrown into the spotlight due to a lawsuit filed on Thursday by the U.S. Department of Justice over faulty mortgage-backed securities during the crisis.
  
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• Commercial real estate's 'best kept secret' to be fleshed out at ACREcon 2017 - Alabama NewsCenter

  22-12-2016 21:06
  
  Alabama NewsCenter
  Commercial real estate's 'best kept secret' to be fleshed out at ACREcon 2017
  Alabama NewsCenter
  Commercial real estate's 'best kept secret' to be fleshed out at ACREcon 2017 The advantages of a Bargain Sale transaction for sellers and nonprofits in urban areas will be among the major topics at the upcoming ACREcon commercial real estate ...
  
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• Real estate professionals lost confidence in housing before election

  22-12-2016 20:23
  
  In a survey taken right before the election, real estate professionals showed a wavering of confidence in the housing market. The possibility of a rate hike, which indeed happened, had some worried about its effects on the housing market as we head into 2017.
  
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• Top 5 Hamptons Real Estate Top 5 Lists of 2016 - Dan's Papers

  22-12-2016 18:43
  Dan's Papers
  Top 5 Hamptons Real Estate Top 5 Lists of 2016
  Dan's Papers
  The Hamptons and North Fork didn't disappoint when it came to real estate in 2016. Most weeks our weekly Real Estate Top 5 list explored all facets of the industry, picking out the very best, most interesting, most unique and even the smallest luxury ...
  
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• Goodbye new normal: Time to close a loan ticking back up

  22-12-2016 18:37
  
  Well that didn’t last long. After settling back around 46 days, the time to close a loan is starting to edge higher again, getting close to the yearly high, according to the latest Origination Insight Report from Ellie Mae.
  
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• FHFA: Home price increases slow in October

  22-12-2016 18:33
  
  The Federal Housing Finance Agency released its House Price Index for October, indicating that while home prices increased, it was at a slower pace than September. Some regions even saw a decrease in home prices from the previous month, however, annually, all regions are increasing.
  
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• Who should be on commercial real estate team? - Channel3000.com - WISC-TV3

  22-12-2016 17:40
  
  Channel3000.com - WISC-TV3
  Who should be on commercial real estate team?
  Channel3000.com - WISC-TV3
  When deciding to purchase a commercial real estate property, a team of experts are assembled in addition to the buyer. Since most small-business owners aren't commercial real estate experts, you need to surround themselves with the right people.and more »
  
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• Improving economy brightens outlook for commercial real estate - Channel3000.com - WISC-TV3

  22-12-2016 17:40
  
  Channel3000.com - WISC-TV3
  Improving economy brightens outlook for commercial real estate
  Channel3000.com - WISC-TV3
  As the U.S. economy continues to improve, so does the commercial real estate market, according to the National Association of Realtors (NAR). "The job market has been the bright spot of the economy this year as employers are feeling more confident ...and more »
  
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• GDP increased to fastest growth in two years

  22-12-2016 16:54
  
  As it turns out, gross domestic product in the U.S. increased in the third quarter even more than previous estimates showed. And the strong GDP numbers support the Federal Reserve’s current direction.
  
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• Dani Mathers fears a conviction will ruin her real estate career - NY ... - New York Daily News

  22-12-2016 15:15
  
  New York Daily News
  Dani Mathers fears a conviction will ruin her real estate career - NY ...
  New York Daily News
  Playboy Playmate Dani Mathers is looking for a break in her invasion of privacy case so that she could pursue a career in real estate.and more »
  
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• Dani Mathers fears a conviction will ruin her real estate career - New York Daily News

  22-12-2016 15:15
  
  New York Daily News
  Dani Mathers fears a conviction will ruin her real estate career
  New York Daily News
  Playboy Playmate Dani Mathers is looking for a break in her invasion of privacy case so that she could pursue a career in real estate. Mathers' lawyers are trying to make sure the model doesn't get slapped with a conviction out of fear having a record ...and more »
  
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• Freddie Mac: Mortgage rates jump to 2-year high

  22-12-2016 15:01
  
  Mortgage rates jumped after the market digested the news of the increase in the federal funds rate. The 30-year mortgage, in fact, just hit its highest point in over two years. And it’s not the only rate that’s going up.
  
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• California Startup Uses Blockchain for Real Estate Deals From LA to Dubai and Moscow - CoinTelegraph

  22-12-2016 13:53
  CoinTelegraph
  California Startup Uses Blockchain for Real Estate Deals From LA to Dubai and Moscow
  CoinTelegraph
  Propy, a California-based Blockchain startup, intends to simplify real estate sales for both brokers and consumers using Blockchain. 1068 Total views. 236 Total shares. California Startup Uses Blockchain for Real Estate Deals From LA to Dubai and Moscow.
  
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• 5 Commercial Real Estate Trends To Watch In 2017 - Forbes

  22-12-2016 12:44
  
  Forbes
  5 Commercial Real Estate Trends To Watch In 2017
  Forbes
  This year held some surprises that could have an impact on commercial real estate, and the economy as a whole, in 2017. Here's a look at five commercial real estate trends to watch in the coming year. New Year's Eve celebrations in New York's Times ...
  
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• The year in review: A hot one for weather — and real estate deals - MyPalmBeachPost

  22-12-2016 12:07
  
  MyPalmBeachPost
  The year in review: A hot one for weather — and real estate deals
  MyPalmBeachPost
  The view of the Jupiter Inlet Lighthouse is splendid from the Rustic Inn Crabhouse. (Photo by Liz Balmaseda). Posted: 6:00 a.m. Thursday, December 22, 2016. Highlights. Land trades in Jupiter, building sales in West Palm Beach and a Boca Raton building ...and more »
  
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• ATTOM: Affordability at worst point since 2008

  22-12-2016 06:01
  
  ATTOM Data Solutions released a new report showing that affordability is at its lowest point since 2008, and only getting worse as home prices increase and housing inventory goes down. The counties with unaffordable housing compared to their historic averages more than doubled. However, one economist completely disagrees.
  
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• Trump’s special advisor on regulatory reform doesn’t want to repeal Dodd-Frank

  22-12-2016 00:23
  
  President-elect Donald Trump named the newest addition to his team on Wednesday, announcing billionaire investor Carl Icahn as a special advisor on issues relating to regulatory reform. Although the release is vague on any specific regulations, Icahn is on record saying he does not want to repeal Dodd-Frank.
  
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• Where It's Good to Be a Landlord

  22-12-2016 00:00
  Share this holiday treat with your investor clients: These are the markets seeing the highest yields from single-family rentals.
  
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• Virtual Staging to Cover Up Holiday Décor?

  22-12-2016 00:00
  You don’t want to be the Scrooge to tell your home sellers that their decorations are getting in the way. Some real estate pros are turning...
  
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• The Hottest Housing Markets in December

  22-12-2016 00:00
  Realtor.com® releases its monthly “hot” list. Find out which housing markets are seeing the highest demand and fastest home sales...
  
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• Older Kids Are Refusing to Flee the Nest

  22-12-2016 00:00
  Housing demand isn’t as high among the millennial generation as it has expected to be, and it’s because they don’t want to leave...
  
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• Home Shopping Mistakes to Avoid in Winter

  22-12-2016 00:00
  Winter can be a great time for home buyers. But make sure they don’t succumb to these pitfalls.
  
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