Real estate news

• Trulia: Majority of homes remain priced below pre-recession peak

  05-05-2017 23:20
  
  Many reports show home values soaring to new heights and surpassing pre-crisis peaks, however Trulia’s new study shows while the median home price is up, the majority of homes are still lagging behind their pre-recession levels. In fact, all homes may not regain their full pre-recession value until about 2025.
  
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• Soccer Player Warner Hahn Makes a Real-Estate Goal - Realtor.com News

  05-05-2017 23:00
  
  Realtor.com News
  Soccer Player Warner Hahn Makes a Real-Estate Goal
  Realtor.com News
  Warner Hahn, goalkeeper for Dutch soccer team S.B.V. Excelsior, found himself sidelined with a torn knee ligament at the start of 2016. The Rotterdam-based athlete used the period that followed not only to recover from his injury but to find and create ...
  
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• Radian kicks off 2017 with higher net income and new mortgage insurance written

  05-05-2017 22:47
  
  Mortgage insurer Radian Group started the year off with success in several key parts of its business, including increasing its net income from last year. The other two key areas of growth were Radian’s book value and new mortgage insurance business written. Radian’s new CEO, Rick Thornberry, gives his thoughts on the earnings.
  
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• 2017 poised to be landmark year for e-notarization adoption

  05-05-2017 22:00
  
  The prevalence of digital technology, the trend to reduce paperwork, the goal to save time and money and the need to increase security have converged in the growth in e-notarizations. For proof, look no further than all the national organizations that are increasingly endorsing e-notarizations and remote notarizations. And this is only the beginning.
  
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• Real estate market check - Albany Times Union

  05-05-2017 21:57
  
  Albany Times Union
  Real estate market check
  Albany Times Union
  Single family homes on Barn Owl Place Thursday April 28, 2016 in Halfmoon, NY. (John Carl D'Annibale / Times Union). Photo: John Carl D'Annibale. Buy this photo. Image 2 of 2. Buy photo. Single family homes on Barn Owl Place Thursday April 28, 2016 in ...
  
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• CBO: Here's when Fed will stop raising interest rates

  05-05-2017 21:31
  
  The Congressional Budget Office published its economic forecast for the next few years, which included several interest rate hikes. According to the forecast, the federal funds rate will continue to increase several times each year before it levels out at 3%. Here's their prediction of how high rates will rise, and for how long.
  
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• Should servicers still be outsourcing REO disposition?

  05-05-2017 21:00
  
  As the foreclosure crisis continues to shrink in the rearview mirror, many in the mortgage industry are starting to breathe easier. Default rates have been dropping steadily and most forecasters expect that trend to continue. By all accounts, our industry is moving well into the recovery. However, for some players, including the nation’s banks and capital markets investors who have invested heavily in distressed loan portfolios, this is misleading.
  
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• How Zabel Property Is Remaking Berlin's Surging Real Estate Market - Forbes

  05-05-2017 20:52
  
  Forbes
  How Zabel Property Is Remaking Berlin's Surging Real Estate Market
  Forbes
  On a recent afternoon in Berlin's rapidly gentrifying Mitte district, Thomas Zabel is convening his staff at a vast construction site a short distance from Hauptbahnhof, the city's sparkling new main railroad station. While the new train hub glistens ...
  
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• Ben Carson responds to letters from soon-to-be ghost town

  05-05-2017 19:36
  
  Subsidized housing in the small town of Cairo, Illinois has seen its final days and will soon be demolished, sending about 200 households packing. Despite the complexes’ horrendous living conditions, many residents are opposed to leaving their home. Here is how HUD Secretary Ben Carson responded.
  
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• Norfolk County Real Estate Activity Mixed for April - Patch.com

  05-05-2017 19:05
  
  Patch.com
  Norfolk County Real Estate Activity Mixed for April
  Patch.com
  Register O'Donnell has reported lending decreases in buying for both residential and commercial spaces in Massachusetts. By Damita Thomas (Patch Staff) - May 5, 2017 1:12 pm ET. Norfolk County Real Estate Activity Mixed for April. From Norfolk County ...
  
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• Real Estate Weekly: Net Lease REITs Crushed On Continued Retail Woes - Seeking Alpha

  05-05-2017 19:03
  
  Real Estate Weekly: Net Lease REITs Crushed On Continued Retail Woes
  Seeking Alpha
  REITs declined by 1% on the week, dragged down by severe weakness in the Net Lease sector. Spirit Realty reported credit issues with a number of their tenants. Spirit's tenant credit issues sparked a new wave of selling across the retail-focused REITs.and more »
  
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• Real Estate Weekly: Net Lease REITs Crushed On Continued Retail ... - Seeking Alpha

  05-05-2017 19:03
  
  Real Estate Weekly: Net Lease REITs Crushed On Continued Retail ...
  Seeking Alpha
  REITs declined by 1% on the week, dragged down by severe weakness in the Net Lease sector. Spirit Realty reported credit issues with a number of their ...and more »
  
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• Experts weigh in: Positive jobs report fails to fix what’s wrong with housing

  05-05-2017 18:17
  
  Economists agree that the April jobs report proved the economy is moving along at a healthy pace despite the disappointing job numbers in March. But when it comes to the housing market specifically, this positive report does little to help the factors that are really blocking growth in the industry. Here, top housing economists explain what the news means for the bottom line in housing.
  
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• Aaron Hernandez home listing claims most weekly views

  05-05-2017 17:39
  
  Just a week after NFL star and convicted murderer Aaron Hernandez was found in his prison cell after an apparent suicide, his former home gathered the most views for the week on an online website. What’s more, after being on the market for over a year at $1.3 million, the house is now under contract.
  
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• Economy adds 211,000 jobs in April

  05-05-2017 14:52
  
  After the previous jobs report came in below expectations, April job report bounced back up, getting close to the strong levels posted in February. Meanwhile, both the unemployment rate and the number of unemployed persons barely moved.
  
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• Interest rates slightly dent Fannie Mae's first quarter profits

  05-05-2017 14:02
  
  Fannie Mae started off the year off profitable but still struggled to compete with the gains witnessed at the end of 2016. According to its first-quarter earnings, Fannie Mae’s net income came in at only a little more than half of what it posed in the fourth quarter. Regardless, the government-sponsored enterprise expects to pay Treasury a $2.8 billion dividend in June 2017.
  
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• Jared Kushner And The Murky World Of Real Estate - NPR

  05-05-2017 11:06
  
  Jared Kushner And The Murky World Of Real Estate
  NPR
  Jared Kushner was a thriving real estate developer before his father-in-law ran for president. His expansive White House role has raised concerns that his business could influence his public duties. DAVID GREENE, HOST: President Trump's son-in-law, ...
  
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• CFPB begins process to review the mortgage servicing rule

  05-05-2017 01:09
  
  Under the Dodd-Frank Wall Street Reform and Consumer Protection Act, the CFPB must review some of its rules within five years after they take effect. So which rule is up for review next? The 2013 RESPA Servicing Final Rule. If you have thoughts or feedback on this rule, now is the time to tell the CFPB.
  
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• NMI Holdings' net income rises to $5.5 million in first quarter

  05-05-2017 00:14
  
  NMI Holdings, the parent company of National MI, posted a stronger quarter compared to a year ago, with its net income increasing to $5.5 million, or $0.09 per share. This is a significant improvement from its net loss at the start of 2016.
  
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• Real estate porn meets soft porn in a $100 million mansion - CNBC

  05-05-2017 00:01
  
  CNBC
  Real estate porn meets soft porn in a $100 million mansion
  CNBC
  Can sexy women in masks covered in gold body paint help sell one of the most expensive mansions in Beverly Hills, California? The developer behind the $100 million mega-home called "Opus" thinks the answer is yes. Source: Jim Bartsch. Nile Niami, a ...and more »
  
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• The Upgrades That Make Landlords Quiver

  05-05-2017 00:00
  Renters have a strong desire to make a place their own, but landlords warn it could cost them their security deposit if they make too many changes...
  
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• New-Home Prices Surge: The Real Reason

  05-05-2017 00:00
  Builders say the reason is much deeper than a shortage of homes for sale. 
  
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• Mortgage Rates Barely Move This Week

  05-05-2017 00:00
  After last week’s uptick, borrowers got some relief with rates mostly in a holding pattern this week.  
  
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• Housing Quality Plays Role in Tornado Risk

  05-05-2017 00:00
  The biggest factors related to tornado fatalities were housing quality and income level, a new study says. 
  
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• Bad Credit Can Triple Home Insurance Costs

  05-05-2017 00:00
  Low credit scores commonly increase the costs consumers pay, but a new study warns that, in some states, the cost of home insurance can skyrocket...
  
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• 5 Tips For Attracting Referrals

  05-05-2017 00:00
  Referrals are an important part of generating real estate business. But how do you attract word-of-mouth customers without coming off as desperate...
  
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