Real estate news

• Tight real estate market drives up prices in Summit County - Summit Daily News

  17-05-2017 23:56
  
  Summit Daily News
  Tight real estate market drives up prices in Summit County
  Summit Daily News
  A sign advertises condos for sale in Frisco on Wednesday. Property in Summit County, especially in Frisco and Breckenridge, continues to be a hot commodity, and the limited market has led to rising prices, according to local real estate agents. An ...
  
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• Long Island community with Nazi-linked past ordered to end housing discrimination

  17-05-2017 23:53
  
  A Long Island community with a history of connections to the Nazi Party must end its practice of only allowing whites of German heritage to buy a home in the area, the New York Attorney General declared on Wednesday. Here are the details on the German American Settlement League, a community in Yaphank, New York.
  
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• [Video] SoFi CEO on growing appeal of the fintech model

  17-05-2017 23:10
  
  SoFi managed to be one of only two housing finance-related companies on CNBC’s fifth annual Disrupter 50 list. CNBC described its list as forward-thinking start-ups that have identified unexploited niches in the marketplace and have the potential to become billion-dollar businesses. Here’s how SoFi CEO Mike Cagney describes what’s made SoFi successful.
  
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• Region's home inventory up, but not for these buyers - Sacramento Bee

  17-05-2017 23:09
  
  Sacramento Bee
  Region's home inventory up, but not for these buyers
  Sacramento Bee
  Some home-for-sale inventory gains were seen throughout the greater Sacramento region in April, but the number of available entry-level homes continues to lag, according to new figures reported by Lyon Real Estate. Lyon said there were 3,175 active and ...and more »
  
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• TransUnion: Americans will stop paying mortgage before car payment, other loans

  17-05-2017 22:53
  
  When it comes to paying their debts in a time of financial distress, Americans have higher priorities than paying their mortgage. A new study from TransUnion shows personal unsecured loans take the top priority, and that isn’t the only loan type that takes priority over mortgages.
  
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• Warren, Lankford lead bipartisan effort to shine light on government settlements

  17-05-2017 22:41
  
  For the third time in the last four years, Sen. Elizabeth Warren, D-Mass., is leading a bipartisan push to shed some light on how the government reaches the occasionally massive settlements with businesses for various forms of misconduct. Here are the details on the "Truth in Settlements Act."
  
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• You've been warned: CFPB puts real estate agents, lenders on RESPA violation watch - HousingWire

  17-05-2017 22:32
  
  HousingWire
  You've been warned: CFPB puts real estate agents, lenders on RESPA violation watch
  HousingWire
  RESPA — the Real Estate Settlement Procedures Act — is a current buzzword in the housing industry with an increased scrutiny from the industry's top consumer watchdog. Between the Consumer Financial Protection Bureau slapping Prospect Mortgage with ...
  
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• Degrees With the Shortest Savings Path to Homeownership

  17-05-2017 22:17
  
  College students taking specific courses of study have the potential to become homeowners sooner after graduation than others, according to a new report by realtor.com®.
  Engineering majors have the most promising prospects, with petroleum engineering majors able to become homeowners in an average 2.6 years—the shortest time of all the degree tracks analyzed by realtor.com. Petroleum engineering majors earn a starting salary of $96,700, according to Payscale.com, which allows for $19,34
  
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• REALTORS® Gather in D.C. to Address Key Issues

  17-05-2017 22:08
  
  Approximately 9,000 REALTORS® are gathered in Washington, D.C. this week for the REALTORS® Legislative Meetings & Trade Expo, addressing members of Congress and regulators on key real estate issues, as well as participating in sessions delivered by industry experts and thought leaders.
  “With a new president and Congress in office, it’s vitally important for regulators and policymakers in Washington to hear from the nation’s REALTORS® about issues affecting their
  
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• Top 10 Metro Areas for Millennials

  17-05-2017 21:57
  
  Millennials are buzzworthy and the focus of nearly every industry, especially real estate because they represent the largest age demographic of prospective homebuyers, according to research conducted by realtor.com®. With their current domination of the home purchasing pool, it’s important to know all you can about them. So, here’s what we know:
  One-third of active home shoppers are older millennials (ages 25-34), of which 74 percent are first-time homebuyers.
  Mill
  
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• MLSListings Sponsors Xplode Silicon Valley, a Real Estate Marketing and Tech Conference - RisMedia.com (press release)

  17-05-2017 21:52
  
  MLSListings Sponsors Xplode Silicon Valley, a Real Estate Marketing and Tech Conference
  RisMedia.com (press release)
  MLSListings Inc. is sponsoring an upcoming one-day real estate marketing and technology conference, Xplode Silicon Valley, the company recently announced. The conference will gather industry experts and practitioners and introduce the newest real ...
  
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• Maryland Commercial Real Estate Brokers Die In Murder-Suicide - Bisnow

  17-05-2017 21:28
  
  Bisnow
  Maryland Commercial Real Estate Brokers Die In Murder-Suicide
  Bisnow
  A Howard County husband and wife who own a commercial real estate firm died Monday night in what police are investigating as a domestic murder-suicide. Lancelotta Real Estate co-owners Samuel and Beth Lancelotta were found by police in the backyard ...and more »
  
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• Treasury Secretary Mnuchin to address Senate Banking Committee on GSE reform

  17-05-2017 21:15
  
  Treasury Secretary Steven Mnuchin is scheduled to appear before the Senate Committee on Banking, Housing and Urban Affairs. Reportedly, the hearing will focus on Mnuchin’s thoughts on GSE reform. One analyst explains how the secretary’s response will indicate if Fannie, Freddie reform is truly a priority for this administration.
  
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• Everyone is convinced CFPB Director Cordray will run for Ohio governor

  17-05-2017 20:36
  
  As quickly as rumors started to spread that President Donald Trump should fire Consumer Financial Protection Bureau Director Cordray, so did talks that he will leave the bureau to run for Ohio governor. But that’s not to say that both couldn’t technically happen. Is Cordray ready to say goodbye D.C. and hello to his home state of Ohio?
  
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• Real estate CEO: Record-low housing inventory is 'freaking us out' - CNBC

  17-05-2017 19:44
  
  CNBC
  Real estate CEO: Record-low housing inventory is 'freaking us out'
  CNBC
  Housing inventory continues to drop amid tight credit and a growing tendency toward becoming a landlord. Homes in April sold the fastest since Redfin began tracking the market in 2010. Diana Olick | @DianaOlick. 8 Hours Ago CNBC.com. SHARES ...and more »
  
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• Department Store Closures Are Just Getting Started, Says Real Estate Expert - Consumerist

  17-05-2017 19:21
  
  Consumerist
  Department Store Closures Are Just Getting Started, Says Real Estate Expert
  Consumerist
  Anchor store mainstays like Sears, Macy's, and JCPenney have already been closing stores to cut costs and adapt to shoppers' changing needs, but one prominent real estate analyst says this culling of department stores is far from over, and that even ...and more »
  
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• FirstClose names Jorge Ponce director of business development

  17-05-2017 19:10
  
  "With his experience and background in the credit union space, Jorge will deliver exceptional results to our financial institution partners,” said Tedd Smith, First Close’s co-founder and chief executive officer.
  
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• RE/MAX Unlimited Real Estate brokerage among nation's best 2017 REAL Trends 500 Report - Harrison Daily (subscription)

  17-05-2017 18:55
  
  RE/MAX Unlimited Real Estate brokerage among nation's best 2017 REAL Trends 500 Report
  Harrison Daily (subscription)
  RE/MAX Unlimited, a locally owned and operated RE/MAX franchise, ranks among the top 50 large brokerages in per-agent productivity, based on home sales data from 1,705 qualifying firms participating in the prestigious 2017 REAL Trends 500 report.
  
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• McConnell throws cold water on Republican Dodd-Frank repeal efforts

  17-05-2017 18:36
  
  The Financial CHOICE Act, the Republican-crafted replacement for the Dodd-Frank Wall Street Reform and Consumer Protection Act, may enjoy the support of the House Financial Services Committee, the Trump administration, and even President Donald Trump himself, but the Senate’s top Republican said this week that he believes that the bill may never make it to President Trump’s desk.
  
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• Turmoil in Washington sends Dow plummeting

  17-05-2017 18:35
  
  This week’s scandals in Washington finally caught up with the financial market, sending the Dow plummeting with a drop of more than 250 points. And this drop could soon spill over into mortgages as the 10-year Treasury also sees decreasing rates.
  
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• LendingHome receives Fannie Mae seller and servicer approval

  17-05-2017 18:17
  
  LendingHome announced it received Fannie Mae seller and servicer approval. The news allows the company to expand its consumer home financing business. And that’s not the only big news coming from the company. Along with the approval, LendingHome announced a new chief financial officer.
  
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• Why Millennials Are Interested In Real Estate Investing - Forbes - Forbes

  17-05-2017 18:13
  
  Forbes
  Why Millennials Are Interested In Real Estate Investing - Forbes
  Forbes
  As the largest age group in America, millennials will have the greatest ability to shift the market as their net worth builds, rendering it key to take note of ...and more »
  
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• Why Millennials Are Interested In Real Estate Investing - Forbes

  17-05-2017 18:13
  
  Forbes
  Why Millennials Are Interested In Real Estate Investing
  Forbes
  Americans have stashed the majority of their investment dollars in the stock market over the years. But there may be a new trend on the horizon. In 2007, nearly two-thirds of Americans were investing in the stock market; last year, just over half did ...
  Generation Z Likely to Alter U.S. Real Estate Landscape for Years to ComeEquities.comall 2 news articles »
  
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• NBC: Feds Subpoena Records Tied To Manafort's Real Estate Dealings - TPM

  17-05-2017 17:25
  
  TPM
  NBC: Feds Subpoena Records Tied To Manafort's Real Estate Dealings
  TPM
  Federal investigations into former Trump campaign chairman Paul Manafort appear to be ramping up, as NBC News reported Tuesday that the feds have subpoenaed records related to a $3.5 million mortgage that Manafort took out on his country home in in ...and more »
  
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• New home sizes continue to shrink

  17-05-2017 16:55
  
  Home sizes continue to shrink at the start of 2017. During the first quarter, both the median and average home prices decreased, following the new trend. Decreasing home sizes are typically signs of an oncoming recession as buyers tighten their budget, but NAHB explains the reason for this current trend.
  
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• MIDEAST STOCKS-Real estate sector lifts Egypt, Saudi volumes rise before Ramadan - Reuters

  17-05-2017 16:54
  
  MIDEAST STOCKS-Real estate sector lifts Egypt, Saudi volumes rise before Ramadan
  Reuters
  DUBAI, May 17 Egypt's stock market outperformed its Gulf peers on Wednesday on the back of strong first-quarter earnings and positive news from a real estate developer, while Saudi Arabia saw increased activity as traders took positions ahead of Ramadan.and more »
  
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• These 14 real estate deals are nominated for REBNY awards | New ... - New York Post

  17-05-2017 16:34
  
  New York Post
  These 14 real estate deals are nominated for REBNY awards | New ...
  New York Post
  Fourteen Manhattan real estate deals are in the running to pick up the prestigious Real Estate Board of New York's deals of the year for 2016. The nominees...and more »
  
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• Before getting into real estate, Councilman Allan Domb shined ... - Technical.ly Philly

  17-05-2017 16:02
  
  Technical.ly Philly
  Before getting into real estate, Councilman Allan Domb shined ...
  Technical.ly Philly
  But before he started the real estate firm that bears his name, Domb had much humbler beginnings in the world of high finance: he used to shine shoes at a bus ...and more »
  
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• Before getting into real estate, Councilman Allan Domb shined shoes - Technical.ly Philly

  17-05-2017 16:02
  
  Technical.ly Philly
  Before getting into real estate, Councilman Allan Domb shined shoes
  Technical.ly Philly
  But before he started the real estate firm that bears his name, Domb had much humbler beginnings in the world of high finance: he used to shine shoes at a bus stop with his brother Peter. “I grew up in Fort Lee, New Jersey,” Domb said. “When I was four ...and more »
  
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• In Real Estate, Culture Matters More Than Production - Forbes

  17-05-2017 15:00
  
  Forbes
  In Real Estate, Culture Matters More Than Production
  Forbes
  I'm often asked what has surprised me the most in my four years leading Compass. My answer is that there's an often overlooked aspect of the real estate business that has proven as important to Compass' success as our technology or anything else: Culture.
  
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• The Real Estate Tactic That Can Save or Screw Desperate Denver House Hunters - Westword

  17-05-2017 14:39
  
  Westword
  The Real Estate Tactic That Can Save or Screw Desperate Denver House Hunters
  Westword
  A home-bidding tactic known as the escalation clause is currently ubiquitous in Denver's red-hot housing market. But while the clause may give folks a better chance to land the home of their dreams, a local broker says buyers can wind up financially ...
  
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• MBA: Mortgage applications drop back down

  17-05-2017 13:05
  
  Mortgage applications dropped in the Mortgage Bankers Association’s latest survey. The decline follows a recent seesaw in mortgage applications, as refinance volume falls to record lows. But as applications waver, the average loan size for purchase applications jumped to a survey high.
  
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• After Slowdown, Hopes are High for Real Estate in Malaysia - Mansion Global

  17-05-2017 13:03
  
  Mansion Global
  After Slowdown, Hopes are High for Real Estate in Malaysia
  Mansion Global
  After a few sluggish years, Malaysia's luxury real-estate market is poised to make a comeback. Sales began slowing in 2014, and came to a near standstill in 2016 due to the country's faltering oil and gas industry; stricter lending measures introduced ...and more »
  
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• 4 tips for surviving the summer real estate market - Inman.com

  17-05-2017 11:14
  
  4 tips for surviving the summer real estate market
  Inman.com
  This season seems to shine a special light on the housing market, as an influx of potential homebuyers and sellers put on their best game face and come out to play. Traditionally, we see 40 percent of total home sales occur in the spring and summer ...and more »
  
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• 4 Tips For Surviving The Summer Real Estate Market - Inman News - Inman.com

  17-05-2017 11:14
  
  4 Tips For Surviving The Summer Real Estate Market - Inman News
  Inman.com
  Whether you'll be helping an old client or working on a new opportunity this summer, keep these four tips in mind.and more »
  
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• Real estate execs tune up for annual 'Rockers in Relief' event - New York Post

  17-05-2017 06:11
  
  New York Post
  Real estate execs tune up for annual 'Rockers in Relief' event
  New York Post
  Real estate execs like music and charity, and many have music going in their garages and on the side. Now, the Sixth Annual Real Estate Rockers in Relief will take place Wednesday at the Highline Ballroom. The opening jazz act will be the Adam Rose ...
  
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• Howard County couple who owned real estate firm die in apparent murder-suicide - Baltimore Business Journal

  17-05-2017 01:30
  Baltimore Business Journal
  Howard County couple who owned real estate firm die in apparent murder-suicide
  Baltimore Business Journal
  Howard County police are investigating an apparent domestic murder-suicide in Ellicott City Monday night that involved a local real estate executive and his wife, co-owners of Lancelotta Real Estate in Clarksville. County police say they were called to ...and more »
  
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• The Word From D.C.: Tax Reform

  17-05-2017 00:00
  
  Perspectives on tax reform, global real estate investing, and more at the REALTORS® Legislative Meetings and Trade Expo.
  
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