Real estate news

• Trump budget surprise: Gutting the CFPB

  23-05-2017 23:28
  
  The impact of President Donald Trump’s 2018 federal budget proposal would certainly be felt in the housing industry via the 13% cut to HUD's budget, but that’s hardly the only impactful move that the budget proposal holds. Buried on the second-to-last page of Trump’s budget is a move that is sure to please Trump’s fellow Republicans and many in the housing industry as well – gutting the Consumer Financial Protection Bureau. Click the headline to read more.
  
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• New American Funding commits to increasing Hispanic homeownership

  23-05-2017 23:20
  
  New American Funding announced its new commitment with the National Association of Hispanic Real Estate Professionals to work towards increasing the Hispanic homeownership rate. Its commitment ranges from offering more lending to Hispanics to committing to hiring and training those without experience to become mortgage professionals.
  
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• Docutech expands into Scottsdale, Arizona

  23-05-2017 22:46
  
  Docutech announced it will move its operations to Scottsdale, Arizona, as it plans future growth initiatives. The company’s new chief operating officer and 2013 Women of Influence winner Amy Brandt will lead Docutech’s new operations.
  
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• Affordable housing groups say Trump budget would be catastrophic

  23-05-2017 22:16
  
  Affordable housing advocates are taking a stand against President Donald Trump’s budget proposal which includes cutting several HUD housing programs. While the Treasury and even HUD itself spoke out in favor of the new budget proposal, one affordable housing advocate insists the budget would be catastrophic.
  
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• Refinance Your Auto Loan With the Credit Union Now, Pay Later

  23-05-2017 22:09
  
  NAR PULSE—If you have a car loan with another lender, chances are you’re paying too much. Bring your auto loan to REALTORS® Federal Credit Union, a division of Northwest Federal Credit Union, and enjoy low loan rates, flexible terms, and make no payments for 90 days. Hurry, offer ends June 30! Learn more.
  REALTOR® University: High-Level Learning for Top-Level LeadershipWhether you’re a recent graduate or have been working for 20 years, higher education can lead to new o
  
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• Free Report: The Power of Real Estate IRA Investments

  23-05-2017 22:08
  
  Entrust clients have a long track record—35 years—of investing in real estate using their tax-advantaged retirement savings accounts. Part of our mission is to educate investors, and our new real estate report is a prime example of that effort. The report’s detailed analysis of both purchases and sales data is a valuable tool for investors, financial and retirement advisors, and real estate professionals.
  For example, we now know that real estate investment using self-directed
  
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• Learning From the Best

  23-05-2017 22:07
  
  In the following interview, Daniel Cottingham, broker of Cottingham Chalk Hayes, REALTORS®, a member of Leading Real Estate Companies of the World® in Charlotte, N.C., discusses the firm’s culture, recruitment tactics and training techniques.
  Region Served: Greater Charlotte, N.C.
  Years in Real Estate: 13
  Number of Offices: 1
  Number of Agents: 100+
  Best Tip for Dealing With Difficult Customers: Listen, empathize and advise.
  You recently transitioned from the sales side of the busin
  
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• Rents Appreciating Faster in Suburbs as Demand Intensifies

  23-05-2017 22:06
  
  Renters up against ballooning costs in sought-after cities have steadily spread outward for rent relief—but now, costs are climbing in areas outside of cities, too.
  In fact, according to a recently released report by Zillow, rent appreciation is accelerating faster in suburban areas than urban ones, with the median rental cost in suburban areas up 2.5 percent year-over-year, while the median rental cost in urban areas is up 2.3 percent.
  “Because walkable urban centers close to amenit
  
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• Here's what Trump's proposed budget means for housing

  23-05-2017 21:17
  
  The Trump administration released its full budget proposal which includes a $6.2 billion budget cut to HUD. The cut was announced back in March, but now the full budget reveals a detailed plan of which programs make the cut, and which won’t, if the budget proposal is adopted by Congress.
  
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• Gamechanger: Zillow getting into home selling business with "instant offers"

  23-05-2017 20:39
  
  In many ways, Zillow was one of the leaders in the online real estate revolution, helping to democratize the home buying process and enabling prospective buyers to search for their next home from the comfort of their current home. And now, Zillow wants to revolutionize the way that people sell their homes as well, as the online real estate giant announced this week that it is launching a pilot program called “Zillow Instant Offers.”
  
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• Experts: New home sales need to double to hit historic norms

  23-05-2017 18:08
  
  After several months of high gains in new home sales, sales of new single-family homes came tumbling back down in April. Many experts agree the drop was somewhat expected and remains high compared to last year. However, new home sales still lag behind the historic average.
  
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• New home sales plummet more than 11% in April

  23-05-2017 16:58
  
  New home sales plummeted in April from the previous month, possibly showing a new cooling in the market. As home sales dropped, so did home prices even as housing inventory increased. But does this mean the market is cooling off? Perhaps only time will tell.
  
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• Treasury Secretary Mnuchin: Trump budget will reverse burdensome regulation

  23-05-2017 16:11
  
  The president released his official full budget, and Treasury Secretary Steven Mnuchin expressed his full support. The secretary explains the budget’s cuts will encourage increasing efficiencies and decreasing the nation’s debt. But not everyone agrees.
  
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• Jared Kushner's Other Real Estate Empire - New York Times

  23-05-2017 15:29
  New York Times
  Jared Kushner's Other Real Estate Empire
  New York Times
  The Townhouse on High Seas Court in the Cove Village development, in the Baltimore suburb of Essex, was not exactly the Cape Cod retreat that its address implied: It was a small unit looking onto a parking lot, the windows of its two bedrooms so high ...and more »
  
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• Eight Simple Ways To Become A Trusted Real Estate Professional - Forbes

  23-05-2017 15:00
  
  Forbes
  Eight Simple Ways To Become A Trusted Real Estate Professional
  Forbes
  The success of any real estate business depends primarily on the trust and relationships it can build with its customers. Unfortunately, this is not always easy, as too many people generally have a negative opinion of real estate agents. It is ...
  Become a Real Estate Investor With 3 Easy InvestmentsRealtor.com News
  1001 Startup Ideas- Crowdsourcing Real Estate Market IntelligenceMoneycontrol.com
  Wheeler Real Estate In
  
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• No Such Thing As A Standard Real Estate Commission In Chicago - ChicagoNow (blog)

  23-05-2017 14:30
  
  ChicagoNow (blog)
  No Such Thing As A Standard Real Estate Commission In Chicago
  ChicagoNow (blog)
  I was watching the April 12 episode of The Deed:Chicago (Analysis Paralysis) when I noticed the star of the show, who has been a Chicago real estate fixture for some time, make 3 references in the last 10 minutes of the show to a "standard real estate ...
  
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• Jared Kushner's Other Real Estate Empire - The New York Times - New York Times

  23-05-2017 14:03
  New York Times
  Jared Kushner's Other Real Estate Empire - The New York Times
  New York Times
  Baltimore-area renters complain about a property owner they say is neglectful and litigious. Few know their landlord is the president's son-in-law.and more »
  
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• Blackstone Is Taking Over Mom-and-Pop Real ... - Wall Street Journal (subscription)

  23-05-2017 14:00
  
  Blackstone Is Taking Over Mom-and-Pop Real ...
  Wall Street Journal (subscription)
  Blackstone Group LP amassed one of the world's largest real estate portfolios by pulling in much more capital than competitors from big institutions such as pension funds, insurers and university endowments. Now it is taking its show to mom-and-pop ...
  
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• Chinatown Activists Look To Establish Housing Sanctuary In Booming Real Estate Market05:36 - WBUR

  23-05-2017 11:41
  
  WBUR
  Chinatown Activists Look To Establish Housing Sanctuary In Booming Real Estate Market05:36
  WBUR
  Amid a booming real estate market, organizers at the Chinatown Community Land Trust are battling to keep their neighborhood the bastion for working class Chinese immigrants it's been for more than 100 years. The group tried to purchase this row house ...
  
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• GainClients, Inc. Releases New Service For The Real Estate Industry - PR Newswire (press release)

  23-05-2017 11:04
  
  GainClients, Inc. Releases New Service For The Real Estate Industry
  PR Newswire (press release)
  TUCSON, Ariz., May 23, 2017 /PRNewswire/ -- GainClients, Inc. (OTC: GCLT) ("GainClients" or the "Company") is pleased to announce that it has developed a new service for real estate, lending, title and insurance professionals. Named the Daily ...and more »
  
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• Israeli real estate developer Gazit-Globe posts unchanged Q1 loss - Reuters

  23-05-2017 09:57
  
  Israeli real estate developer Gazit-Globe posts unchanged Q1 loss
  Reuters
  ... * Gazit-Globe, Israel's largest real estate development firm, posted on Tuesday an unchanged loss in the first quarter and a jump in funds from operations. * Quarterly net loss was 1.44 shekels ($0.40) per share diluted, unchanged from a year earlier.and more »
  
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• How family governance can save your real estate business - Inman.com

  23-05-2017 09:18
  
  How family governance can save your real estate business
  Inman.com
  Who is going to handle your business once you're gone? Learn how to protect your legacy. AddThis Sharing. 00. SHARES. Share to Facebook FacebookShare to Twitter TwitterShare to LinkedIn LinkedInShare to Email Email. by Sascha Janzen. Today 12:15 ...and more »
  
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• 'Your Business Model Sucks. I Hope It Burns': Fear & Loathing In Real Estate - CBS Local

  23-05-2017 06:15
  
  CBS Local
  'Your Business Model Sucks. I Hope It Burns': Fear & Loathing In Real Estate
  CBS Local
  DENVER (CBS4) – Rocks thrown through windows, cars keyed and furious voicemails. The CEO of a startup Denver real estate company says that's some of the collateral damage of his business model after five years. “I think a lot of agents are fearful so ...
  
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• Denver real estate broker won't face charges for up-skirt videos ... - FOX31 Denver

  23-05-2017 05:55
  
  FOX31 Denver
  Denver real estate broker won't face charges for up-skirt videos ...
  FOX31 Denver
  DENVER -- A Denver real estate broker, who police say admitted to taking video up women's skirts, will not face criminal charges. Denver's district attorney has ...and more »
  
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• Better Call Behnken: Clearwater homebuyers scammed of down payment when real estate agent hacked - WFLA

  23-05-2017 02:37
  
  WFLA
  Better Call Behnken: Clearwater homebuyers scammed of down payment when real estate agent hacked
  WFLA
  CLEARWATER, Fla. (WFLA) – Sean Vinson and his girlfriend are settling in to their new condo. But, the first time homebuyers learned the hard way, choosing real estate professionals doesn't mean you won't get scammed. The couple are out their $10,000 ...
  
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• Tucson Real Estate: Office market gets attention - Arizona Daily Star

  23-05-2017 01:54
  
  Tucson Real Estate: Office market gets attention
  Arizona Daily Star
  Increased activity in Tucson's commercial real estate has been hot for the multifamily, industrial and retail sectors. Now the office market is enjoying good absorption, fueled by the expansion of the nonprofit sector. Vacancy is at a seven-year low ...and more »
  
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• NYS Fair to get new director: real estate developer Dan Queri ... - Syracuse.com

  23-05-2017 00:49
  
  Syracuse.com
  NYS Fair to get new director: real estate developer Dan Queri ...
  Syracuse.com
  Troy Waffner, who has been acting director since 2013, will remain on with the fair.and more »
  
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• Brand Report: Confidence in Real Estate Market Rises - RisMedia.com (press release)

  23-05-2017 00:19
  
  Brand Report: Confidence in Real Estate Market Rises
  RisMedia.com (press release)
  Optimism toward the economy and real estate market is growing across all generations of current and prospective homeowners, but rising interest rates continue to be a concern among prospective homeowners, especially millennials, according to Berkshire ...
  
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• Brand Report: Confidence in Real Estate Market Rises

  23-05-2017 00:19
  
  Optimism toward the economy and real estate market is growing across all generations of current and prospective homeowners, but rising interest rates continue to be a concern among prospective homeowners, especially millennials, according to Berkshire Hathaway HomeServices’ latest Homeowner Sentiment Survey.
  Overall, 62 percent of prospective homeowners and 61 percent of current homeowners say they are satisfied with the economy, with respondents from both groups overwhelmingly reporting t
  
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• Preparing for Success

  23-05-2017 00:15
  
  In the following interview, Anne M. Lusk, owner of Lusk & Associates Sotheby’s International Realty in Lancaster, Pa., discusses challenges in the market and marketing strategies.
  Region Served: Central Pennsylvania
  Years in Real Estate: 26
  Number of Offices: 1
  Number of Agents: 40
  Favorite Way to Unwind: Walking my dog
  What factor has the largest influence on the real estate industry today?
  The media, as it can sway the minds of consumers – and what we talk about, we bring about
  
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• Real Estate Agent Accused in Killings Prompts New Law | South ... - U.S. News & World Report

  23-05-2017 00:07
  Minneapolis Star Tribune
  Real Estate Agent Accused in Killings Prompts New Law | South ...
  U.S. News & World Report
  COLUMBIA, S.C. (AP) — People who sell or manage property in South Carolina will have to pass a background check to renew their license under a new law ...
  Real estate agent accused in killings prompts new lawMinneapolis Star Tribuneall 2 news articles »
  
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• Vacant Lots in Urban Areas Are Disappearing

  23-05-2017 00:00
  
  As overcrowded cities stop expanding outward, lots are getting more difficult to find—and the squeeze won't do anything positive for...
  
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• Survey: Rising Rates Won't Stop Young Buyers

  23-05-2017 00:00
  
  Most millennials express a sense of urgency to buy now before interest rates go higher, but many also say they'll wait for the right home,...
  
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• Rapid Rise in Rents Coming to a Halt?

  23-05-2017 00:00
  
  An overabundance of rental housing stock could slow price hikes in the rental market, tipping the favor back toward renters instead of landlords...
  
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• Home Insurance Myths to Bust for Your Clients

  23-05-2017 00:00
  
  Most mortgage lenders require borrowers to purchase home insurance, but many buyers may be confused about what their policy covers. Set them...
  
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• Buyers Also Face Shortage of Quality Schools

  23-05-2017 00:00
  
  Funding for schools was slashed during the last housing crisis, and now many districts are struggling to update their education facilities and...
  
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• Brokers Become Matchmakers for Roommates

  23-05-2017 00:00
  
  As more young renters require living with roommates to afford rent, real estate professionals are offering services to help them find the right...
  
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