Real estate news

• Jury awards VHT $8.32M in battle with Zillow

  10-02-2017 23:55
  
  After nearly a year and half legal battle between VHT and Zillow Group over copyright infringement complaints, the court award VHT $79,875 in actual damages and $8.24 million in statutory damages, but the court battle isn’t getting put to rest yet. Zillow Group said in a statement that it plans to “vigorously pursue all options to overturn their verdict.”
  
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• UofL Foundation Reverses Course, Won't Independently Review Oklahoma Real Estate Deal - Louisville Eccentric Observer

  10-02-2017 22:48
  
  Louisville Eccentric Observer
  UofL Foundation Reverses Course, Won't Independently Review Oklahoma Real Estate Deal
  Louisville Eccentric Observer
  University of Louisville Foundation leaders have abandoned a promised review of a real estate transaction involving a major donor's Oklahoma factory. A foundation attorney told the Kentucky for Investigative Reporting last year that the nonprofit ...
  
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• Home loans seriously underwater hit new low

  10-02-2017 22:45
  
  In 2016 the number of homes that are seriously underwater dropped by 1 million homes to a new low. Rising home prices and low inventory prices is causing home buyers to struggle, however current homeowners are reaping the benefits of this increasing equity.
  
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• Sears Could Sell More Brands, Real Estate To Cut $1 Billion - Investor's Business Daily

  10-02-2017 22:16
  Investor's Business Daily
  Sears Could Sell More Brands, Real Estate To Cut $1 Billion
  Investor's Business Daily
  Sears is also considering selling its Kenmore washer and dryer and DieHard car battery businesses. (Sears). GILLIAN RICH; 4:16 PM ET. Facebook · LinkedIn · Print · Twitter · Share · Reprints. Sears Holdings (SHLD) shares soared Friday after the ...
  Sears May Sell Real Estate, Cut Jobs To Save $1 BillionCBS Localall 96 news articles »
  
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• What’s in Store for the Luxury Real Estate Market in 2017?

  10-02-2017 22:08
  
  Eight years after the housing bubble, homebuyers are still exercising caution. This is particularly seen in the luxury real estate market, which ended 2016 on a slow note. A combination of oversupply and rising housing costs in cities like San Francisco and New York left buyers feeling choked out. Will the market improve in 2017? Experts have mixed feelings.
  “We have seen inventory come back at a steady pace, and buyer demand is strong enough that it will continue to keep the market moving
  
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• Covering the Market from Every Generation

  10-02-2017 22:04
  
  In the following interview, Kristin Beran Krupp and Sherry Beran of The Beran Group, LLC with Long & Foster discuss the advantages of a team dynamic and the value of a multi-generational approach.
  Years in Real Estate: Kristin: 13; Sherry: 13
  Region Served: Metro Richmond, Va.
  Team Members: 7
  You and your mother, Sherry Beran, founded the team 13 years ago and have been very successful—named top listing and top closing team leaders for November 2016 at Long & Foster.
  
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• Solve the Two Biggest Problems Your Brokerage Faces: Communication and Tech Adoption

  10-02-2017 22:02
  
  One-hundred percent of real estate brokers recently surveyed by Clareity say agent technology adoption is a challenge, and over 80 percent say communication is lacking. In this month’s FREE RISMedia webinar, “Solve the Two Biggest Problems Your Brokerage Faces: Communication and Tech Adoption,” learn how Clareity’s DASH solves these frustrations—and then some!
  What: RISMedia’s ACE Webinar Series – “Solve the Two Biggest Problems Your Brokerage
  
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• Moving? Chances Are You’re Headed to Atlanta

  10-02-2017 22:00
  
  More Americans migrated to Atlanta than any other city in 2016, according to Penske’s annual Top Moving Destinations ranking, which is based on one-way rental truck reservation data. A-Town has taken the top spot every year since the list’s inception in 2011. One look at its housing costs, and it’s not hard to see why.
  The full top 10: Atlanta, Ga.
  Median Home Value: $198,100
  Median Rental Price: $1,574/monthDallas/Fort Worth, Texas
  Median Home Value: $117,100
  Median Rental Pri
  
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• Former AIG CEO finally admits to two terrible things he did

  10-02-2017 22:00
  
  Maurice Greenberg, the former CEO of American International Group, denied he misrepresented loss reserves when selling reinsurance to mortgage bond investors. Twelve years later, we finally get something back, an admission of wrongdoing.
  
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• For consumers seeking credit scores, VantageScores are no substitute for FICO scores

  10-02-2017 22:00
  
  [Guest commentary] Consumers today are being bombarded by offers to get their credit score for free. These lead generation websites don’t provide the FICO Scores used by nearly all lenders – but some experts say that doesn’t matter. They believe that if you rank high on one score, you’ll rank high on another score and all these scores move up and down together. This is simply not true and new research confirms it.
  
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• Mark Calabria to serve as chief economist for Vice President Mike Pence

  10-02-2017 21:58
  
  Mark Calabria, a long-time housing reform advocate, will serve as the chief economist to Vice President Mike Pence. In his role within Pence’s office, Calabria could play a big role and be a sizable voice for housing finance reform, which he has spoken about frequently in his career.
  
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• 2017 Market Watch real estate summit points the way forward - The News-Press

  10-02-2017 21:57
  
  The News-Press
  2017 Market Watch real estate summit points the way forward
  The News-Press
  If it seems like the known world has fallen off the map, take heart: A. You're not alone. B. You're not lost. C. Three of Southwest Florida's best real estate minds will help you steer a course at The News-Press Market Watch 2017: Focus on Real Estate ...
  
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• What's new in real estate - Albany Times Union

  10-02-2017 21:42
  
  Albany Times Union
  What's new in real estate
  Albany Times Union
  An arched vaulted cast ceiling is seen in an upstairs floor during renovations for phase 2 at 512 State Street on Tuesday, Jan. 10, 2017 in Schenectady, N.Y. This used to be the Schenectady Railway building. ... more. Photo: Lori Van Buren. Buy this photo.and more »
  
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• HR Crawford, former DC Council member and real estate developer, dies at 78 - Washington Post

  10-02-2017 21:34
  
  Washington Post
  HR Crawford, former DC Council member and real estate developer, dies at 78
  Washington Post
  H.R. Crawford, a former D.C. Council member who had a long and complex legacy as a real estate developer and property manager in Washington, died Feb. 10 at a hospital in Washington. He was 78. Kelvin Robinson, a family spokesman, confirmed the ...and more »
  
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• Consumer sentiment shows concerning partisan gap

  10-02-2017 21:01
  
  Consumer sentiment dropped slightly at the start of February. While consumers are still optimistic historically, there is a concerning partisan divide among Americans over the state of the current and future economy.
  
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• Surrounding real estate shows increase in value if near transit station - Phys.Org

  10-02-2017 20:38
  
  Surrounding real estate shows increase in value if near transit station
  Phys.Org
  A national meta-analysis led by a UTA researcher shows that single-family property increases only about 2.3 percent when located next to a transit station. According to previous studies, multi-family and commercial property located next to a transit ...and more »
  
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• Miami County Real Estate Transfers - Piqua Daily Call

  10-02-2017 20:28
  Miami County Real Estate Transfers
  Piqua Daily Call
  Beth Dalton, Cameron Dalton, David Dalton, Janet Dalton to Larry Ouellette, Patricia Ouellette, one lot, $109,000. Betty Reynolds, Clair Reynolds to Craig Smith, Victoria Smith, one lot, $275,000. NVR Inc. to Janice Metz, William Metz, one lot, $341,300.and more »
  
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• The Most Powerful Man in Banking just quit on President Trump

  10-02-2017 19:45
  
  The Wall Street Journal once referred to Daniel Tarullo as The Most Powerful Man in Banking. Come April 5, that statement will no longer apply. Tarullo submitted his resignation as a member of the Board of Governors of the Federal Reserve System, in a letter to President Donald Trump.
  
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• Real Estate: Top real-estate trends for 2017 - The Oakland Press

  10-02-2017 19:44
  
  Real Estate: Top real-estate trends for 2017
  The Oakland Press
  Based on current market conditions, Re/Max of Southeastern Michigan names the top housing trends to watch in 2017. 1. Home prices will continue to rise at a moderate pace. Home prices in southeast Michigan rose throughout 2016. The year closed with the ...
  
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• Michigan cities make rank in best/worst cities for real estate in US - WSYM-TV

  10-02-2017 19:37
  
  WSYM-TV
  Michigan cities make rank in best/worst cities for real estate in US
  WSYM-TV
  It is said that business is all about location, especially in the real estate world. And even in the same state, cities can be vastly different. WalletHub compared 150 of the largest U.S. cities with 14 key indicators of a healthy real-estate ...
  
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• Millionaires woe as mansion tax threatens softening housing market - Real Estate Weekly

  10-02-2017 19:35
  Real Estate Weekly
  Millionaires woe as mansion tax threatens softening housing market
  Real Estate Weekly
  New York City Mayor Bill de Blasio has revived a so-called mansion tax proposal for homes worth $2 million or higher. The plan, which officials say will provide funds for senior housing projects across the city, is meant to generate equity between the ...and more »
  
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• CBRE CEO Weighs in on Commercial Real Estate, Rates - Bloomberg

  10-02-2017 19:31
  
  Bloomberg
  CBRE CEO Weighs in on Commercial Real Estate, Rates
  Bloomberg
  Bob Sulentic, CBRE Group chief executive officer, discusses the state of the commercial real estate market with Bloomberg's Julie Hyman and Mark Barton on "Bloomberg Markets." (Source: Bloomberg) ...
  
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• Software company introduces game-changing technology for Michigan Realtors

  10-02-2017 18:51
  
  A new integration of software with multiple listing services could make NTREIS old news in the real estate market. This new software shows homes on a map, instead of in a list, and includes functions that quickly allow Realtors to see who is most likely to sell their home.
  
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• White House eyes Fannie Mae exec to lead CFPB if Trump fires Cordray

  10-02-2017 18:25
  
  With Richard Cordray’s tenure as the director of the Consumer Financial Protection Bureau is looking shorter and shorter with each passing day, the White House reportedly has its eyes on a Fannie Mae executive to take over at the CFPB if/when Cordray is fired.
  
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• Real Estate Agent - Charlotte Agenda

  10-02-2017 18:25
  
  DSNews.com
  Real Estate Agent
  Charlotte Agenda
  Beyond the burgundy and gold for sale signs that can be seen in yards across the Carolinas, Allen Tate Companies offers our clients a wide range of services through our family of companies, including Allen Tate Realtors; Allen Tate Mortgage; Allen Tate ...
  Colorado has 2 cities in nation's top 5 for real estate agentsDenver Business Journal
  The Top City for Real Estate Agents Is... - DSNewsDSNews.com
  One Denver residential real estate firm buys
  
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• Quicken Loans names new CEO, Bill Emerson promoted

  10-02-2017 17:57
  
  Quicken Loans is switching up its leadership team, announcing three executive-level promotions on Friday, which includes longtime CEO Bill Emerson, effective immediately. In his 24 years with the company, Emerson has not only overseen the growth of the Quicken Loans, but he has also been a major spokesperson for the mortgage industry. And according to Quicken Loans, Emerson is only going to be a more prominent voice in the industry from here.
  
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• Lennar finalizes $643 million acquisition of WCI Communities

  10-02-2017 17:38
  
  Lennar is officially growing its business as the company announced Friday that it completed the acquisition of WCI Communities, a “lifestyle community developer and luxury homebuilder” headquartered in Florida. The companies first announced the deal back in September 2016, and after some financial due diligence, the deal is now complete.
  
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• Q1 Survey: Optimism Among Commercial Real Estate Executives Leads to Increase in Economic Sentiment Index - PR Newswire (press release)

  10-02-2017 17:02
  
  PR Newswire (press release)
  Q1 Survey: Optimism Among Commercial Real Estate Executives Leads to Increase in Economic Sentiment Index
  PR Newswire (press release)
  WASHINGTON, Feb. 10, 2017 /PRNewswire-USNewswire/ -- Commercial real estate industry executives are optimistic about Q1 market conditions while taking a "wait and see" approach to new Administration policies and potential tax reform, according to ...and more »
  
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• High-velocity housing market in Northwest continued during January

  10-02-2017 16:52
  
  Housing inventory continues to slip in the Northwest, pushing home prices even higher. But experts say this high velocity market is unlikely to end anytime soon, citing the combination of new jobs, a shortage of new homes, and a reluctance of sellers to list their home for fear of not being able to find their next one.
  
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• Fed's Bullard says GSE reform could lead Fed to dump Fannie, Freddie holdings

  10-02-2017 15:14
  
  While it's clear that the Trump administration has plans to move on GSE reform, what isn’t known yet is just what those plans will look like and what impact those plans will have on the country’s financial system. One area where the Trump administration’s GSE plans could have an impact is on the Federal Reserve and its mortgage bond holdings.
  
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• Hello from the Midwest! Meet SVBJ's new real estate reporter - Silicon Valley Business Journal

  10-02-2017 14:17
  Silicon Valley Business Journal
  Hello from the Midwest! Meet SVBJ's new real estate reporter
  Silicon Valley Business Journal
  Hi, Silicon Valley. I couldn't be more excited and humbled to be covering commercial real estate for the Silicon Valley Business Journal. My writing career has almost exclusively been spent in Minneapolis, Minnesota, covering business issues that range ...
  
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• 4 moves to get back in the real estate game after a career pause - Inman.com

  10-02-2017 10:26
  
  4 moves to get back in the real estate game after a career pause
  Inman.com
  Don't linger on the hiatus, instead focus on what you learned that can benefit you now! Make video a solid part of your new marketing plan as well video streaming. Don't get hung up on creating a business that is complicated, you just need to figure ...and more »
  
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• Mortgage Rates Are Holding Mostly Steady

  10-02-2017 00:00
  Rates have mostly stayed flat the past three weeks, offering buyers a pause to what had been steadily rising rates. 
  
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• Home Prices Are Soaring to New Highs

  10-02-2017 00:00
  A swift gain in home prices in the fourth quarter sent home prices to record highs in the majority of metro areas, the National Association of...
  
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• Here Come 59 Million Buyers!

  10-02-2017 00:00
  One in four U.S. adults say they are considering buying a home this year, which extrapolates to a whopping 59 million people, according to a...
  
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• Equity-Rich Properties Rise By 1.3M in 1 Year

  10-02-2017 00:00
  Rising home prices are fueling a bigger class of equity-rich homeowners. 
  
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• 3 Commercial Real Estate Trends to Watch

  10-02-2017 00:00
  Learn how retailers’ mobile data, intermodal shipping optimization, and micro-unit apartments are playing bigger roles in commercial real...
  
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• 10 Top Rental Markets for Investors

  10-02-2017 00:00
  Where are the best bets for investors looking for profitable rental investments? HomeUnion offers its top choices.  
  
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