Real estate news

• Freddie Mac announces settlement of Seasoned Credit Risk Transfer offering

  03-05-2017 23:17
  
  Freddie Mac announced on Wednesday the settlement of its second Seasoned Credit Risk Transfer offering. The move shifts even more credit risk to investors as part of a plan to reduce the overall risk of the government-sponsored enterprises.
  
  Read more

• Experts agree: Chances of recession are rising

  03-05-2017 23:16
  
  First American’s chief economist explained the significance of the Fed’s quantitative easing program, and explains what the chances really are of a recession in the next 12 months.
  
  Read more

• How Are Housing Markets Doing, Really?

  03-05-2017 22:41
  
  Housing has made headway in the decade since the onset of the recession, but, according to a new report by Trulia, there is still room for improvement in the recovery.
  Approximately 34 percent of homes have values that exceed their peaks from before the recession, the report shows, despite many indicators, such as the S&P CoreLogic Case-Shiller Index, surpassing their own. Based on the lag in recovery, the report estimates 100 percent of homes will hit their pre-recession peaks by September
  
  Read more

• RE/MAX United: Where Productivity Is Priority

  03-05-2017 22:38
  
  Whether it’s the local inventory shortage or the state of the national economy, Tom Rich doesn’t spend a lot of time trying to predict the future—and for good reason. With a company culture that revolves around agent training, collaboration and access to leadership, the broker/owner of Rockford, Mich.-based RE/MAX United has created an environment where productivity can happen regardless of market conditions. In this exclusive interview, Rich shares the philosophy and formula t
  
  Read more

• Advertisement

• Parents, here’s how Fannie Mae’s new student debt relief programs will work for you

  03-05-2017 22:35
  
  Last week, Fannie Mae unveiled three new programs to help current homeowners and future homebuyers who are blocked from eligibility and refinancing by the burden of student debt. Here's how it will work for you.
  
  Read more

• Have $25 Mill? Call This Bel Air Compound Home

  03-05-2017 22:30
  
  Editor’s Note: This was originally published on RISMedia’s blog, Housecall. See what else is cookin’ now at blog.rismedia.com:Upgrade Your Cool With These Hidden Rooms
  How Real Estate Agents Can Boost Their Presence With Instagram
  Home Inspections: Items That Aren’t Deal-BreakersAn ultra-luxurious, resort-style compound located in Los Angeles’ Bel Air ‘hood recently landed on the market. For the meager fortune of $24,995,000, you can call this 12,600-square-fo
  
  Read more

• California investor adds to real estate holdings on Nashville's Church Street - The Tennessean

  03-05-2017 22:13
  
  The Tennessean
  California investor adds to real estate holdings on Nashville's Church Street
  The Tennessean
  A California-based real estate investor has paid $2.5 million for the 0.29-acre former parking garage site at the southwest corner of Rosa L. Parks Boulevard and Church Street to expand his holdings in that area. After buying 801 Church St., David R ...
  
  Read more

• Here's how Fannie Mae is transforming itself for customers

  03-05-2017 21:30
  
  Fannie Mae looks to improve the user experience for its own customers with its Lender Journeys initiative. It increased the number of its agile teams from 90 to 145 and brought in design thinkers to make the process as intuitive as possible. The company also brought lenders into the development lifecycle so that it gets feedback in every part of the process.
  
  Read more

• Advertisement

• FOMC unanimously votes against raising interest rates

  03-05-2017 20:30
  
  The Federal Open Market Committee unanimously voted to hold off on raising interest rates in May after announcing a rate hike the previous meeting. The FOMC’s decision in its last meeting in march to raise rates marked the second time in three months and the first time in 2017.
  
  Read more

• How to find the perfect real estate agent, in 4 steps - Business Insider

  03-05-2017 20:05
  
  Business Insider
  How to find the perfect real estate agent, in 4 steps
  Business Insider
  house suburb Start with deciding what neighborhood you want to be in — many agents are experts in one area. rawmn/Shutterstock. So you've decided to buy a home — congratulations! The first step? Linking up with a real estate agent. Ideally, it's ...and more »
  
  Read more

• Houston becomes latest metro to add big data for Realtors

  03-05-2017 18:52
  
  The Houston Association of Realtors signed a contract with a data and analytics provider to bring its services to the Houston area. This game-changing technology will help more than 36,000 Realtors market to potential home sellers.
  
  Read more

• Comptroller of the Currency Thomas Curry to step down May 5

  03-05-2017 18:44
  
  Thomas Curry will officially step down as comptroller of the currency on May 5 after more than five years at the helm. Curry completed his five-year term on April 9, and rumors started to spread as early as March on who the possible replacement would be. In the meantime, Keith Noreika will serve as acting comptroller of the currency.
  
  Read more

• Ellie Mae report shows most popular metros for Millennial homebuyers

  03-05-2017 17:56
  
  Millennials are flocking to one part of the country, according to Ellie Mae’s Millennial tracker. The tracker released this month’s latest trends as the credit box opened for Millennials and refis continued to drop.
  
  Read more

• 3 Questions: How urbanization and revolutionary innovation are shaping global real estate - MIT News

  03-05-2017 17:55
  
  MIT News
  3 Questions: How urbanization and revolutionary innovation are shaping global real estate
  MIT News
  The Center for Real Estate's Albert Saiz talks about worldwide trends affecting housing, commercial real estate, and investment in the built environment. Michael Hoban | School of Architecture and Planning May 3, 2017. Press Inquiries Share ...and more »
  
  Read more

• Real estate, real art - Star Local Media

  03-05-2017 17:43
  
  Star Local Media
  Real estate, real art
  Star Local Media
  Brad Anderson, owner of RE/MAX Lakefront in Little Elm, explains the "gallery concept" in his office. prev. next. When not sealing real estate deals, Brad Anderson dabbles in art. But the Little Elm real estate agent does more; he opens his office to ...
  
  Read more

• Minn. Commerce Department warns of real estate scam - Fergus Falls Daily Journal

  03-05-2017 17:42
  Minn. Commerce Department warns of real estate scam
  Fergus Falls Daily Journal
  SAINT PAUL — Spring is the time of year when home buyers, sellers and real estate professionals are busy making deals. Unfortunately, crooks are also busy trying to get their hands on the money that is exchanged in these real estate deals. Minnesota ...
  
  Read more

• Democrats force delay in Financial CHOICE Act mark up

  03-05-2017 17:28
  
  Financial Services Committee Democrats continue to retaliate against the Republican-led Financial CHOICE Act, the leading act to replace Dodd-Frank. In their latest move to block the act, Democrats stalled the mark up on Tuesday for more than three hours in a little a little-used parliamentary maneuver.
  
  Read more

• Real estate exec donates millions to UT McCombs School of Business - Austin Business Journal

  03-05-2017 17:15
  Dallas News
  Real estate exec donates millions to UT McCombs School of Business
  Austin Business Journal
  A well-known real estate executive will donate as much as $5.5 million to back real estate and experiential learning initiatives at the McCombs School of Business at The University of Texas at Austin. The gift will be spread across three strategic ...
  Crescent Real Estate CEO John Goff makes $6 million gift to UTDallas News
  Real Estate Investor Donates $6 Million to UT Austin's McCombs School
  
  Read more

• Commercial real estate booming in Northeast Ohio - Cleveland Jewish News

  03-05-2017 17:03
  
  Cleveland Jewish News
  Commercial real estate booming in Northeast Ohio
  Cleveland Jewish News
  Selecting the right place to start or move a business to is a crucial decision. Searching for the correct space and location are key factors in how well the business will do. Choosing a location with an active market for whatever the business delivers ...
  
  Read more

• ADP predicts moderate job increase in April

  03-05-2017 16:20
  
  ADP’s employment report shows April will see an increase in jobs. While it is much lower than March’s prediction, it is also significantly higher than the job increase in March. The bad news, however, is the report predicts a decrease of about 2,000 construction jobs.
  
  Read more

• Nine Twitter Accounts For Aspiring Real Estate Investors To Follow - Forbes

  03-05-2017 15:00
  
  Forbes
  Nine Twitter Accounts For Aspiring Real Estate Investors To Follow
  Forbes
  We've all heard success stories of individuals getting rich from a smart real estate investment opportunity. But like any other wealth-building strategy, success in the real estate market isn't based on luck: It requires real knowledge and skills that ...
  
  Read more

• Ocwen posts first quarter net loss

  03-05-2017 14:35
  
  Ocwen Financial Corporation executives prepped investors at the end of last year to expect this latest loss at the start of 2017 as it continues to digest regulatory charges. But despite the predicted loss, Ocwen still managed to beat earnings expectations. The news, however, is clouded by even greater regulatory concerns that cropped up in April.
  
  Read more

• Success In Real Estate – Is It All About The Price? - Delray Newspaper (press release) (blog)

  03-05-2017 14:18
  
  Delray Newspaper (press release) (blog)
  Success In Real Estate – Is It All About The Price?
  Delray Newspaper (press release) (blog)
  As we navigate the 2017 real estate market here in Palm Beach County, it seems that having your home competitively priced is becoming more and more tied to desired results—or has it always been that price is really the underlying defining factor to ...and more »
  
  Read more

• IPO Preview: KKR Real Estate Finance Trust - Seeking Alpha

  03-05-2017 14:09
  
  Seeking Alpha
  IPO Preview: KKR Real Estate Finance Trust
  Seeking Alpha
  KREF focuses on acquiring and originating senior loans secured by commercial real estate assets as well as preferred equity, mezzanine loans and other debt-oriented instruments. The REIT aims to offer 10 million shares priced between $20.50 and $21.50; ...
  
  Read more

• Housing recovery lags other big metro areas - Crain's Chicago Business

  03-05-2017 13:39
  
  Crain's Chicago Business
  Housing recovery lags other big metro areas
  Crain's Chicago Business
  Of the nation's ten largest metro areas, Chicago has the smallest share of homes that have recovered to their pre-recession peak values. The culprit: Chicago's slow growth in three inter-connected spheres—jobs, income and population—relative to the ...
  Weak recovery for real estate: Most Florida homes still worth less then a decade agoPalm Beach Post (blog)
  D-FW among markets with strongest
  
  Read more

• MBA: Mortgage applications stagnant as April wraps up

  03-05-2017 13:05
  
  It was a quiet week on the mortgage front, with applications decreasing from one week earlier, according to the latest Mortgage Bankers Association Weekly Mortgage Applications Survey. Meanwhile, refinance volume dropped back down after increasing in the previous report.
  
  Read more

• These were the 10 biggest NYC real estate loans that closed in March - The Real Deal Magazine

  03-05-2017 13:01
  
  The Real Deal Magazine
  These were the 10 biggest NYC real estate loans that closed in March
  The Real Deal Magazine
  The largest New York City real estate loans that closed in March included a heap of refinancings but few construction financing deals. All but one of the top 10 transactions took place in Manhattan, and Morgan Stanley and Wells Fargo were lenders on ...
  
  Read more

• 4 ways to guide millennials toward smart real estate decisions - Inman.com

  03-05-2017 11:10
  
  4 ways to guide millennials toward smart real estate decisions
  Inman.com
  Investing in financial education leads to wise real estate decision making, financial success and freedom. Being proficient in money management means looking beyond the wants of today to provide the needs of tomorrow.and more »
  
  Read more

• 3 steps to boost online real estate lead conversion rates - Inman.com

  03-05-2017 11:10
  
  3 steps to boost online real estate lead conversion rates
  Inman.com
  Focus on “speed to lead” to increase your likelihood of engaging leads when they are most receptive. Use a follow-up system that combines email, text messages and phone calls. Have you been trying unsuccessfully to increase online real estate lead ...and more »
  
  Read more

• Real Estate Industry Strives to Attract Young Talent via Competitions, University Partnerships - National Real Estate Investor

  03-05-2017 09:24
  
  National Real Estate Investor
  Real Estate Industry Strives to Attract Young Talent via Competitions, University Partnerships
  National Real Estate Investor
  Jobs in property and building management are poised to grow by 8.0 percent by 2024, according to the most recent data from the Bureau of Labor Statistics. Diana Bell | May 03, 2017. A career in commercial real estate offers the freedom and flexibility ...and more »
  
  Read more

• Massachusetts sues Ocwen for "abusive" mortgage servicing practices

  03-05-2017 00:21
  
  Massachusetts recently put Ocwen Financial out of business in the state as part of a wave of state regulators that placed various business restrictions on Ocwen for alleged rampant errors with homeowners’ escrow accounts and other issues at the nonbank, but it looks like the state isn’t done with Ocwen yet. Massachusetts Attorney General Maura Healey also announced that the state is suing Ocwen for widespread “abusive” mortgage servicing practices.
  
  Read more

Follow @RealEstate_Nws_ on Twitter!