Real estate news

• California real estate agent arrested for double homicide

  04-01-2017 23:09
  
  A California real estate agent is under arrest and remains in custody under suspicion that he committed a double murder. According to local media reports, Christopher Ireland is suspected in the deaths of two of his wife’s female co-workers, whose bodies were found after a suspicious fire destroyed the home of one of the women.
  
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• Huntington Beach real estate agent charged in New Year's Day double slaying - Los Angeles Times

  04-01-2017 23:02
  
  Los Angeles Times
  Huntington Beach real estate agent charged in New Year's Day double slaying
  Los Angeles Times
  A real estate agent was charged with arson and murder Wednesday in connection with the slayings of two women and a house fire in Westminster on New Year's Day, according to court records. Christopher Ken Ireland, 37, faces two counts of murder and ...
  California real estate agent arrested for double homicideHousingWire
  Real Estate Agent From Huntington Beach Suspected of Double H
  
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• 2017 to See Slight Showing of Home Price Movement

  04-01-2017 23:01
  
  Subdued home price growth estimates for 2017 are increasing as end-of-year data becomes available, indicating a slight showing of movement in the year ahead.
  CoreLogic, most recently, bumped up its price projection to 4.7 percent year-over-year based on November 2016 prices, which were 1.1 percent higher month-over-month and 7.1 percent higher year-over-year. The 4.7 percent projection is an increase from CoreLogic’s 4.6 percent projection given in October.
  “Last summer’s very
  
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• Voice Control: Coming Soon to a Home Near You

  04-01-2017 22:55
  
  When you think about homes of the future, you might imagine a house you can talk to. A new survey from Coldwell Banker shows you’re not alone; voice control capability was the top want of 72 percent of Americans surveyed.
  The study, created in conjunction with Vivint Smart Home, focused on 4,108 U.S. adults ages 18 and older. Out of these participants, 923 already utilize smart home products.
  According to the study, 72 percent of Americans who already have smart home products—control
  
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• California hires Eric Holder to fight back against future Trump troubles

  04-01-2017 22:46
  
  California is readying itself to potentially come face-to-face with President-elect Donald Trump in court in order to preserve the policies and diversity of The Golden State. And due to the uncertainty of future conflicts, California took precautionary measures on Wednesday and announced it hired former U.S. Attorney General Eric Holder.
  
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• Forum: Addressing Growing Gaps in Homeownership Opportunities

  04-01-2017 22:45
  
  Demographic shifts along generational, racial and socioeconomic lines are impacting the housing market, emphasizing growing gaps in homeownership opportunities. These shifts, to be addressed at Zillow®’s economic forum this month in Washington, D.C., include the higher denial rates of black mortgage applicants and the growing number of young adults living at home.
  The homeownership rate among black Americans, especially, has remained lower than the national homeownership for 100 years,
  
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• Keeping Your New Year’s Resolution Is Easy in These Cities

  04-01-2017 22:42
  
  Committing to a New Year’s resolution is a challenge, no matter how lofty (or vague—guilty!) the goal. A recent analysis by WalletHub reveals our environment—specifically, where we live—can lessen that challenge.
  According to the analysis, which ranks the best and worst cities for keeping New Year’s resolutions based on factors such as adult obesity and income growth, the top five best cities are:Salt Lake City, Utah
  Salt Lake City has the second-lowest percentage o
  
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• Will New York City be the latest to cut ties with Wells Fargo?

  04-01-2017 21:24
  
  The fallout from Wells Fargo's fake account scandal is apparently far from over, as New York City could soon become the latest in a long string of cities and states that cut ties with the megabank in the wake of the scandal.
  
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• Floored | CBRE | Real Estate Tech Startups - The Real Deal - The Real Deal Magazine

  04-01-2017 20:51
  
  The Real Deal Magazine
  Floored | CBRE | Real Estate Tech Startups - The Real Deal
  The Real Deal Magazine
  CBRE acquired real estate tech startup Floored for an undisclosed price, in a deal that expands the real estate services behemoth's technology division.
  CBRE acquires real estate tech companyChain Store Ageall 6 news articles »
  
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• The essential guide for lenders to help Millennials buy a home

  04-01-2017 20:00
  
  Every generation faces defining economic events that alter their collective perspective. For Millennials, their coming of age moment occurred during the largest housing market downturn in American history. The housing market coupled with the ubiquitous availability of real estate and market information online has created a new era of homebuyers in Millennials. These tips will help you navigate how to help them as a lender.
  
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• This chart proves borrowers keep getting better at paying their mortgage

  04-01-2017 19:45
  
  Borrowers once again proved that they’re making paying the mortgage a priority. According to the Office of the Comptroller of the Currency’s 2016 third-quarter report on mortgages, servicers are reporting fewer and fewer foreclosure.
  
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• Mnuchin transition team defends OneWest mortgage operations 

  04-01-2017 19:34
  
  Back in 2013, an internal memo, recently published by The Intercept, urged top officials in then-Attorney General Kamala Harris’s office to sue OneWest Bank over allegations of foreclosure violations in the state of California. Donald Trump’s nominee for Treasury secretary, Steve Mnuchin, ran OneWest Bank from 2009 to 2015. And now, a spokesman for him on behalf of the presidential transition team is calling that leaked memo "meritless."
  
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• Trump taps top Wall Street lawyer, Jay Clayton, to chair SEC

  04-01-2017 18:11
  
  One of the financial sector's top regulators will soon have a new leader, as President-elect Donald Trump announced Wednesday that he plans to nominate a top Wall Street lawyer to fill the position of chair of the Securities and Exchange Commission. Trump chose Jay Clayton, who represented Goldman Sachs, Bear Stearns, Ally Financial, Barclays Capital and a number of other large financial institutions during and after the financial crisis, to serve as the new chair of the SEC.
  
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• Trump picks top Wall Street lawyer, Jay Clayton, to chair SEC

  04-01-2017 18:11
  
  One of the financial sector's top regulators will soon have a new leader, as President-elect Donald Trump announced Wednesday that he plans to nominate a top Wall Street lawyer to fill the position of chair of the Securities and Exchange Commission. Trump chose Jay Clayton, who represented Goldman Sachs, Bear Stearns, Ally Financial, Barclays Capital and a number of other large financial institutions during and after the financial crisis, to serve as the new chair of the SEC.
  
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• Walter Investment sells Green Tree Insurance Agency to Assurant

  04-01-2017 18:09
  
  Walter Investment Management continues to revamp its business after the results of its last earnings report. This time the company announced it’s selling 100% of the stock of its indirect, wholly-owned subsidiary, GTI Holdings, which is the holding company of Walter's primary licensed insurance agency, Green Tree Insurance Agency.
  
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• 10 Hottest Real Estate Markets To Watch In 2017 - Forbes

  04-01-2017 17:39
  
  Forbes
  10 Hottest Real Estate Markets To Watch In 2017
  Forbes
  There are lots of reasons to choose a place to put down roots. Maybe you've been transferred for work. Maybe you've always wanted to own real estate in Charleston, SC, and you've found a deal that's too good to pass up. Whether you're looking for an ...
  
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• Investors hate real estate stocks — and that could be good news for the sector - CNBC

  04-01-2017 16:36
  
  CNBC
  Investors hate real estate stocks — and that could be good news for the sector
  CNBC
  Real estate, which was broken out of the financials at the end of the summer to create an 11th distinct sector, is the most underweighted sector by active managers, according to research from Bank of America Merrill Lynch. Not only is real estate the ...
  
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• Trump Treasury pick's bank broke foreclosure rules: Leaked AG memo

  04-01-2017 14:52
  
  Now, in coverage published by The Intercept, a memo from 2013 urged top officials in then-Attorney General Kamala Harris’s office to sue OneWest Bank over allegations of foreclosure violations, which included backdating mortgage documents to speed up foreclosures and manipulating the results of home auctions, according to coverage in Bloomberg.
  
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• Brazil Real Estate Is Now Cheap And Distressed - Forbes

  04-01-2017 14:43
  
  Forbes
  Brazil Real Estate Is Now Cheap And Distressed
  Forbes
  The Banespa building (center) towers over the rest of São Paulo. After a long bull market run, Brazil's real estate market has fizzled. Global real estate investors take note. (Shutterstock). Commercial and residential real estate prices in Brazil ...and more »
  
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• Mortgage applications sink over the holidays

  04-01-2017 13:05
  
  Mortgage applications took a dive over the last two weeks as consumers focused on the holidays more than buying a home. Since last week marked the only week of the year that the Mortgage Bankers Association does not put out a mortgage application report, this week’s report covers a two-week period.
  
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• Real Estate: Affordable housing did well despite demonetisation; RERA will boost confidence - Firstpost

  04-01-2017 08:51
  
  Firstpost
  Real Estate: Affordable housing did well despite demonetisation; RERA will boost confidence
  Firstpost
  Year 2016 was a mixed year for developers and discerning buyers, though the announcement of the Real Estate Regulation Act (RERA) brought a huge cheer to the industry in 2017. It has been a year for the end-users, while investors have largely kept away ...
  New real estate law may spell the end of pre-launch salesLivemintall 3 news articles »
  
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• TPG Real Estate Acquires A&O Hotels and Hostels - Business Wire (press release)

  04-01-2017 08:45
  
  TPG Real Estate Acquires A&O Hotels and Hostels
  Business Wire (press release)
  LONDON & FORT WORTH, Texas--(BUSINESS WIRE)--TPG Real Estate, the real estate platform of leading global private investment firm TPG, announced today that it has completed the purchase of A&O Hotels and Hostels (“A&O”), the largest fully ...and more »
  
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• Singapore's Iconic Copper House is a Work of Art - Robb Report

  04-01-2017 08:10
  
  Robb Report
  Singapore's Iconic Copper House is a Work of Art
  Robb Report
  With a copper façade and matching accents, the aptly named Copper House is equal parts art piece and abode. The six-bedroom home boasts panoramic sea views from its location on Sentosa Island, off the coast of Singapore. Copper cladding adorns the ...
  
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• Area real estate market grows in 2016 - The Winchester Star

  04-01-2017 07:24
  
  The Winchester Star
  Area real estate market grows in 2016
  The Winchester Star
  Residential real estate for sale sign at Rossmann Boulevard and Wayfaring Drive in the Sovereign Village subdivision on Senseny Road. Darla Frye-Guevremont, CEO of the Blue Ridge Association of Realtors, said 2016 was a year of steady growth in the ...
  
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• Hernando County real estate transactions for Jan. 6, 2017 - Tampabay.com

  04-01-2017 06:00
  
  Hernando County real estate transactions for Jan. 6, 2017
  Tampabay.com
  12317 Magnetic Dr., to Seborn E. Blackburn by Philip Bomhoff Jr. Trustee & Hilde Terstiege Revocable Living Trust, $330,000, 11/29/2016. 5009 Gevalia Dr., to Cathy S. Dziedzic & Steven J. Dziedzic by Yvonne Lee Wise Trustee & Yvonne Lee Wise, ...
  
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• City transfers affordable housing real estate to Columbia Community Land Trust - Columbia Missourian

  04-01-2017 04:59
  
  City transfers affordable housing real estate to Columbia Community Land Trust
  Columbia Missourian
  COLUMBIA — City-owned property on Lynn Street that will be developed as affordable housing will be transferred to the Columbia Community Land Trust after the Columbia City Council approved the deal Tuesday night. The council voted unanimously in ...
  
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• Real estate mogul puts 33 Boston-area buildings up for sale - Boston.com

  04-01-2017 02:12
  
  Boston.com
  Real estate mogul puts 33 Boston-area buildings up for sale
  Boston.com
  One of Boston's old-school landlords says he's cashing in his chips. Again. James Batmasian, a South Florida real estate mogul who launched his empire in 1970 by purchasing a Cambridge three-decker, recently put his 33 Boston-area buildings up for sale.and more »
  
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• Wells Fargo chief economist: Trump's on second date with the financial markets

  04-01-2017 01:03
  
  Wells Fargo Chief Economist John Silvia made an abnormal analogy between President-elect Donald Trump and courting America in a recent interview. Here’s how Silvia describes what’s in store for Trump’s future.
  
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