Real estate news

• Bethenny Frankel's Real-Estate Reboot - Wall Street Journal

  08-02-2017 23:37
  
  Bethenny Frankel's Real-Estate Reboot
  Wall Street Journal
  It has been a tumultuous few years for Bethenny Frankel. While her personal life has been making tabloid headlines, the reality-television celebrity has been assembling a real-estate portfolio that reflects recent changes in her life. Ms. Frankel was a ...
  
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• Here’s the easiest way for Trump to fire CFPB Director Cordray

  08-02-2017 23:18
  
  The fight continues for CFPB Director Richard Cordray’s job. While democrats stand behind him, insisting he won’t leave quietly, Republicans call for his termination. As it turns out, there may be one very simply way that the administration could fire the director under full protection of the constitution, and it would only require one presidential order.
  
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• Mortech, Resitrader partner to provide real-time pricing data for whole loan trading

  08-02-2017 23:04
  
  Mortech, a Zillow Group company that provides mortgage technology solutions for mortgage bankers and the secondary market, announced Wednesday that it is partnering with Resitrader to offer real-time pricing data within Resitrader’s whole loan mortgage trade management software.
  
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• CoreLogic: Home Prices to Moderate in Year Ahead

  08-02-2017 22:09
  
  Home prices grew at an annual rate of 7.2 percent in December 2016, rising month-over-month from November by 0.8 percent, according to CoreLogic’s recently released Home Price Index (HPI) Forecast. The Forecast projects a moderating price growth rate in the year ahead, at 4.7 percent from December 2016 to December 2017.
  “As of the end of 2016, the CoreLogic national index was 3.9 percent below the peak reached in April 2006,” says Dr. Frank Nothaft, chief economist for CoreLogi
  
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• Then Comes Marriage…or a House

  08-02-2017 22:07
  
  More young homebuyers today are unmarried couples—in fact, according to a recent analysis by Zillow, 15 percent of homebuyers aged 24-35 are unmarried couples, up 4 percent from 2005. The trend, says Zillow Chief Economist Dr. Svenja Gudell, is taking off due to limited affordability, compounded by out-of-reach home values.
  “Buying a home is a big part of the American Dream—equally shared by millennials and baby boomers alike—but it’s becoming extremely difficult to
  
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• Renters Warehouse, 5 Arch Funding team up to target rental property investors

  08-02-2017 21:43
  
  Aiming to capitalize on the growing single-family rental market, Renters Warehouse, a property management company that specializes in managing rental houses, announced Wednesday that it is partnering with 5 Arch Funding to offer increased funding options for rental property investors.
  
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• Ellie Mae: Millennial women more likely to leverage FHA loans

  08-02-2017 21:35
  
  Millennial women hold a stronger presence in the FHA loan market than men, but experts aren’t sure of the cause. With nearly equal loan-to-value, debt-to-income and loan amounts, Ellie Mae’s experts are at a loss to explain the cause of the higher rates among women.
  
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• Real estate leads US stocks mostly higher; oil rebounds - SFGate

  08-02-2017 20:58
  
  SFGate
  Real estate leads US stocks mostly higher; oil rebounds
  SFGate
  Real estate companies and other stocks that pay large dividends led U.S. stocks mostly higher in late-afternoon trading Wednesday as bond yields fell. Banks and other financial companies lagged the most. Investors were focused on the latest slate of ...and more »
  
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• Gordy family assembling real estate around The Varsity in Athens - Online Athens

  08-02-2017 20:27
  
  Online Athens
  Gordy family assembling real estate around The Varsity in Athens
  Online Athens
  The Varsity, the iconic hot dog emporium at the corner of Broad Street and Milledge Avenue in Athens, has become the subject of rumors as its owners, the Gordy family, have been assembling adjoining real estate. The family is not speakign on the ...and more »
  
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• Real Estate Rumors: Trump Tower, Centennial Bank, Piermont - Law360 (subscription)

  08-02-2017 20:03
  
  Real Estate Rumors: Trump Tower, Centennial Bank, Piermont
  Law360 (subscription)
  Law360, Minneapolis (February 8, 2017, 1:54 PM EST) -- The Department of Defense is looking to rent space in Trump Tower in New York in a move that would send government money to President Donald Trump's skyscraper, according to a report on ...and more »
  
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• High-profile real estate in South End sells for nearly $5 million - Charlotte Business Journal

  08-02-2017 20:01
  Charlotte Business Journal
  High-profile real estate in South End sells for nearly $5 million
  Charlotte Business Journal
  Two buildings that sit on a high-traffic intersection in booming South End recently traded for nearly $5 million. Featured Jobs. Physicist. XL Scientific®, LLC · Broker in Charge. Better Homes & Gardens Real Estate Go Realty · Inside Sales Executive ...
  
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• Real estate agent fired over alleged short-term rental violation - Inman.com

  08-02-2017 19:54
  
  Real estate agent fired over alleged short-term rental violation
  Inman.com
  The case of New York City-based agent Tatiana Cames shows agents who rent out short-term rentals are well-advised to make sure they comply with relevant regulation. Get Inman via Facebook Messenger Our top headlines delivered once a day.and more »
  
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• Nationstar officially begins transition to Mr. Cooper

  08-02-2017 19:43
  
  When HousingWire sat down late last year with Nationstar Mortgage CEO Jay Bray to discuss the company's transformation into Mr. Cooper, Bray said the rebrand is much more than just a new name for the company. Now, it appears that the transition is officially underway, as some of Nationstar’s customers recently began receiving letters notifying them that the company plans to rebrand as Mr. Cooper "later this year."
  
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• House reintroduces bill to end "FICO monopoly" at Fannie Mae and Freddie Mac

  08-02-2017 19:25
  
  After a little more than a year, three representatives are reigniting the fight to allow Fannie Mae and Freddie Mac to consider alternative credit-scoring models beyond the FICO credit score the government-sponsored enterprises currently use. If passed, the bill would finally allow competition in the government’s credit approval process.
  
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• Seattle cuts ties with Wells Fargo over controversial oil pipeline, etc.

  08-02-2017 19:15
  
  Seattle announced it will cut ties with Wells Fargo as soon as its contract ends in 2018, and is taking bids for the bank’s replacement. City council members explain the banks controversial role in the Dakota Access Pipeline and its recent fake accounts scandal pushed Seattle to break all ties.
  
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• Reuters: Justice gunning for Deutsche Bank mortgage bond staffers

  08-02-2017 19:00
  
  While author Joy Wiltermuth refers to targeted staffers as those “who worked in Deutsche Bank's mortgage unit in the run-up to the financial crisis,” the indication is that Justice is going after former mortgage bond salespersons.
  
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• City notes: Peter Rummell being inducted into real estate hall of fame - Jacksonville Daily Record

  08-02-2017 18:51
  Jacksonville Daily Record
  City notes: Peter Rummell being inducted into real estate hall of fame
  Jacksonville Daily Record
  Developer Peter Rummell is scheduled to be inducted into the University of Florida's Kelley A. Bergstrom Real Estate Center's Hall of Fame this month. A news release said the event is Feb. 24 during the Real Estate Trends & Strategies Conference at the ...
  
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• Chesterfield leads region in home sales - Chesterfield Observer

  08-02-2017 18:44
  
  Chesterfield leads region in home sales
  Chesterfield Observer
  Upscale homes in western Chesterfield, such as this one at the Landing at Swift Creek, are driving the real estate market in the county – and the region. JAMES HASKINS While county leaders work to broaden Chesterfield's commercial tax base and reduce ...and more »
  
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• Jeff Hoffman appointed to national real estate board - BizTimes.com (Milwaukee)

  08-02-2017 18:26
  
  BizTimes.com (Milwaukee)
  Jeff Hoffman appointed to national real estate board
  BizTimes.com (Milwaukee)
  Milwaukee real estate broker Jeff Hoffman, a partner with Cushman & Wakefield | The Boerke Company, has been named to an advisory board for the National Association of Realtors. Jeff Hoffman. Hoffman, who chairs the Commercial Association of Realtors ...
  
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• Housing shortage and high home prices hit these 10 markets hardest

  08-02-2017 18:00
  
  Inventory shortages and high home prices plague the housing market as homebuyers struggle with the competition to find a home. Many markets have a surplus of premium homes and a shortage of starter and trade-up homes. Trulia outlines the nation’s top-10 metros with the most mismatched housing markets.
  
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• Haisler: Just who are real estate agents? - Northwest Herald

  08-02-2017 17:46
  
  Haisler: Just who are real estate agents?
  Northwest Herald
  Polls, polls, polls. No I'm not talking about the election. We are talking surveys. Recently I was looking at Gallup poll results that ranked 21 different professionals with regard to “Honesty/Ethics”. It bothered me to see that real estate ...
  
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• Bill reintroduced to permanently bar using Fannie, Freddie g-fees for federal spending

  08-02-2017 17:08
  
  For the second time in as many years, the House of Representatives will consider a bill that would permanently ban the use of funds raised from Fannie Mae and Freddie Mac’s guarantee fees to cover federal spending in areas outside of the mortgage market.
  
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• Get real: WNC real estate market comes back swinging - Smoky Mountain News

  08-02-2017 16:45
  
  Get real: WNC real estate market comes back swinging
  Smoky Mountain News
  While it provides one of humanity's most basic and critical needs — shelter from the elements — it also plays a complex and important role in the global economy. Accordingly, changes in the industry and the environment in which the industry operates ...
  
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• 750 Brookfield sells to real estate investment company - GSA Business

  08-02-2017 16:43
  
  GSA Business
  750 Brookfield sells to real estate investment company
  GSA Business
  The 100,000-square-foot 750 Brookfield office building has been sold to a commercial real estate development company. Chicago-based J.L. Woode Ltd. sold the location to CCP Commercial Real Estate for $16.7 million, according to CBRE whose agents ...
  
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• Columbus real estate prices continue to climb | WRBL - WRBL.com - WRBL

  08-02-2017 14:46
  
  WRBL
  Columbus real estate prices continue to climb | WRBL - WRBL.com
  WRBL
  COLUMBUS, Ga. — It's a good time to own a home in the Valley area. The real estate markets in both Georgia and Alabama are entering 2017 stronger than last ...
  
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• EY On Real Estate Private Equity Trends - Seeking Alpha

  08-02-2017 14:09
  EY On Real Estate Private Equity Trends
  Seeking Alpha
  The global real estate division of financial consultancy Ernst & Young recently published a report on the private equity outlook in the real estate space. As the head of the division, Mark Grinis, says in an introduction, the premise of the report is ...
  
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• MBA: Mortgage applications slightly increase

  08-02-2017 13:05
  
  After barely dropping in the prior report, mortgage applications ticked back up and increased 2.3% from one week earlier. Most notably, the refinance share of mortgage applications fell to its lowest level since June 2009.
  
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• 24-year-old's firm arranges $7.8M in real estate financing - Newsday

  08-02-2017 11:58
  
  Newsday
  24-year-old's firm arranges $7.8M in real estate financing
  Newsday
  Joel J. Gorjian, 24, a Great Neck-based commercial real estate investor, seen on Feb. 5, 2017, has arranged $7.8 million in financing for small real estate investors since the December launch of his consulting firm, Uber Capital Group. Photo Credit ...
  
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• 2 crucial things I've learned about loyalty in real estate - Inman.com

  08-02-2017 10:08
  
  2 crucial things I've learned about loyalty in real estate
  Inman.com
  Talk to any trainer, coach or real estate leader, and they will tell you that real estate is a long-term career, that 80 percent of all new licensees get out in the first two years and that 80 percent of those that are left never make it past five ...and more »
  
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• Silicon Valley commercial real estate rebound is forecast - The Mercury News

  08-02-2017 04:16
  
  Silicon Valley commercial real estate rebound is forecast
  The Mercury News
  Silicon Valley's commercial real estate market suffered a slump in 2016 compared to the white-hot year of 2015, but the sector should bounce back in 2017.and more »
  
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• Zillow Group shares dip after Q4 earnings report; real estate giant says it will surpass $1B in 2017 revenue - GeekWire

  08-02-2017 02:08
  
  GeekWire
  Zillow Group shares dip after Q4 earnings report; real estate giant says it will surpass $1B in 2017 revenue
  GeekWire
  Spencer Rascoff speaks at the 2016 Zillow Premier Agent Forum (Photo by GeekWire/Kevin Lisota). Zillow Group expects to reach a new milestone in 2017: the $1 billion revenue mark. The Seattle-based online real estate giant today posted its fourth ...and more »
  
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• State commission votes to investigate real estate business ties - The Denver Post

  08-02-2017 01:06
  
  The Denver Post
  State commission votes to investigate real estate business ties
  The Denver Post
  The board's decision reversed a 3-2 vote earlier Tuesday in which they chose not look into any of the findings from The Post's articles that appeared in November. One of the commissioners abstained in the second vote, which was a 3-1 decision to open ...
  
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• The 12 Best Places to Call Home in 2017

  08-02-2017 00:00
  U.S. News & World Report releases its picks for the top places to live based on value, jobs, and quality of life. Did your city make the cut...
  
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• Study: Political Talk Is Hurting Your Work

  08-02-2017 00:00
  Many office dwellers are finding a lot to talk about with their coworkers since the presidential election, but a new study reveals that it is...
  
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• Loan Demand Buoyed by Slight Drop in Rates

  08-02-2017 00:00
  Applications for home purchases inched upwards in the latest week as some home buyers try to get a head start on the spring buying season. ...
  
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• Expect More Gripes About Home Affordability

  08-02-2017 00:00
  Economists blame rising mortgage rates, price increases, and sluggish income growth for the growing housing affordability problem. 
  
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• Consumers Will Compromise to Buy Homes

  08-02-2017 00:00
  Americans are willing to make significant compromises in order to purchase a home. Find out what other financial decisions they’re willing...
  
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