Real estate news

• Elm Street Technology acquires real estate tech platform Consolidated Knowledge

  26-05-2017 23:46
  
  Elm Street Technology, a provider of technology solutions for the real estate industry, announced this week that it acquired Consolidated Knowledge, a technology platform provider to the residential real estate and multi-family industries.
  
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• loanDepot increases VA home loan volume by nearly 225% in two years

  26-05-2017 23:33
  
  loanDepot’s commitment to veterans has skyrocketed over the last two years, as the company’s latest mortgage report shows a huge jump in VA home loans. In 2016 alone, loanDepot helped serve more than 23,000 veterans, active military and spouses, resulting in nearly $7 billion in VA loan financing.
  
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• Representative reintroduces legislation to end Operation Choke Point

  26-05-2017 22:58
  
  Rep. Blaine Luetkemeyer, R-Mo., reintroduced the Financial Institution Customer Protection Act to the 115th Congress in attempts to end Operation Choke Point and restore the balance between financial institutions and regulators. While there is a new administration, Luetkemeyer stated that the legislation is necessary to ensure that no future administration will have the opportunity to negatively impact individuals and legal businesses through this unprecedented initiative.
  
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• Low commission, tech-focused real estate company Reali closes $5 million funding round - HousingWire

  26-05-2017 22:41
  
  HousingWire
  Low commission, tech-focused real estate company Reali closes $5 million funding round
  HousingWire
  Reali, a real estate company that offers lower commissions and a tech-focused experience for home buyers and sellers, announce that it plans to expand its operations throughout San Francisco after it closed on a $5 million round of funding. The funding ...and more »
  
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• Low commission, tech-focused real estate company Reali closes $5 ... - HousingWire

  26-05-2017 22:41
  
  HousingWire
  Low commission, tech-focused real estate company Reali closes $5 ...
  HousingWire
  Reali, a real estate company that offers lower commissions and a tech-focused experience for home buyers and sellers, announce that it plans to expand its ...and more »
  
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• Low commission, tech-focused real estate company Reali closes $5 million funding round

  26-05-2017 22:24
  
  Reali, a real estate company that offers lower commissions and a tech-focused experience for home buyers and sellers, announce that it plans to expand its operations throughout San Francisco after it closed on a $5 million round of funding. In addition to expanding in the San Francisco area, the company said that it will use the money to fund technological advancements, brand marketing, and market expansion.
  
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• Sacramento's hot real estate market gains attention - Sacramento Bee

  26-05-2017 21:48
  
  Sacramento Bee
  Sacramento's hot real estate market gains attention
  Sacramento Bee
  Sacramento is California's new real-estate hot spot, according to a news report Friday. The Wall Street Journal cited several examples of the city's boom, including urban-renewal projects in “a once-sleepy downtown”; the opening of Golden 1 Center; a ...
  
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• Rentalutions, online platform for landlords, raises $2 million to fund expansion

  26-05-2017 21:44
  
  Rentalutions, a Chicago-based online platform for landlords, announced this week that it plans to expand its offerings thanks to a $2 million round of funding. The company said that it plans to use the funding to add new features to “automate common time-consuming and expensive processes, including finding and screening tenants, accepting payments and managing maintenance requests.”
  
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• Fed plans to start selling its trillion-dollar bond portfolio

  26-05-2017 21:43
  
  Quietly tucked into the Federal Open Market Committee meeting minutes, the Federal Reserve revealed its plan to start to unwind the $4.5 trillion portfolio of bonds. The subtle announcement should hopefully send a signal to markets to not make too big of a deal of it, either.
  
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• Manitowoc real estate transfers: May 28, 2017 - Herald Times Reporter

  26-05-2017 21:14
  
  Herald Times Reporter
  Manitowoc real estate transfers: May 28, 2017
  Herald Times Reporter
  To determine the purchase price of the real estate, divide the transfer fee by 0.003. For example, a transfer fee of $250 would indicate a purchase price of $83,333. Real estate sold at a price of $100,000 would have a transfer fee of $300. OTHER NEWS: ...
  
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• Like Big Dividends? These 4 Real Estate Plays Fit The Bill - Nasdaq

  26-05-2017 20:34
  
  Motley Fool
  Like Big Dividends? These 4 Real Estate Plays Fit The Bill
  Nasdaq
  Despite the likelihood that interest rates will continue to inch higher, real estate exchange traded funds are climbing back from a late-April dip. Real estate investment trusts offer high yields and tend to fare well when interest rates are low. But ...
  The 3 Best Real Estate Stocks to Buy in 2017Motley Foolall 3 news articles »
  
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• Save the date! HUD Secretary Carson to host homeownership forum

  26-05-2017 20:09
  
  It’s almost National Homeownership Month! To help bring awareness to the importance of the month, the Department of Housing and Urban Development is preparing to start the month of June off with a homeownership forum at its headquarters in D.C. Can't make it to D.C.? It’s also available online.
  
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• The three hottest trends in Hamptons real estate right now - New York Post

  26-05-2017 19:40
  
  The three hottest trends in Hamptons real estate right now
  New York Post
  Dune Deck Beach Club is slated to open this July in Westhampton Beach. Kitchen Sink Studios. Looking to buy your own place out east? Here's what's hot on the Hamptons market. Hot new hood. With a luxe new resort, surf-friendly Westhampton Beach is ...
  
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• Six Carlton Fields Real Estate Lawyers Jump to Duane Morris in Miami - Daily Business Review (registration)

  26-05-2017 19:35
  
  Daily Business Review (registration)
  Six Carlton Fields Real Estate Lawyers Jump to Duane Morris in Miami
  Daily Business Review (registration)
  Six Carlton Fields real estate attorneys have jumped to Duane Morris' rapidly growing Miami office following a down year at Carlton Fields, where real estate was one of the financial bright spots. Duane Morris has hired well-known former Carlton Fields ...and more »
  
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• New York real estate developer admits to interfering with local elections

  26-05-2017 19:27
  
  A New York real estate developer admitted that he meddled in a local election, including using fake voters, all to advance stalled construction projects. According to court documents, when Kenneth Nakdimen ran into local resistance, he and others attempted to influence the local electoral process by falsely registering voters and paying bribes to voters who would help elect public officials who were favorable to their construction project.
  
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• Real Estate Design Shoe, Donating Proceeds to ACLU - Pitchfork

  26-05-2017 19:16
  Pitchfork
  Real Estate Design Shoe, Donating Proceeds to ACLU
  Pitchfork
  Real Estate have collaborated on a new shoe with Keep—the Los Angeles vegan footwear company that has worked with Ad-Rock, Bon Iver, Deakin, and more. The “Keep x Real Estate limited edition Ramos” has “a natural gum cup sole,” as well as a ...
  
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• Judge: Wells Fargo $142 million fake account settlement may not be enough

  26-05-2017 18:47
  
  Wells Fargo's proposed $142 million settlement in the class action lawsuit brought on behalf of the bank's customers who had a fake account opened in their name is moving closer to being finalized, but the judge overseeing the settlement cautioned the bank that $142 million may not be enough money to compensate all the affected customers.
  
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• Pro Teck: These 7 housing markets close mortgages faster than anywhere else

  26-05-2017 18:34
  
  Out of all 200 metros Pro Teck analyzed, only seven metros are selling in 50 days or less. “These numbers represent the average for the entire metro,” said Tom O’Grady, CEO of Pro Teck Valuation Services. “This doesn’t take into account the hot micro-markets inside of these metros, some of which have sold days on market as low as 30.”
  
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• Real estate agent admits to scam - Standard Speaker

  26-05-2017 18:19
  
  Standard Speaker
  Real estate agent admits to scam
  Standard Speaker
  ELLEN F. O'CONNELL/Staff PhotographerA Luzerne County detective escorts Ignacio Beato out of Magisterial District Justice Joseph Zola's office on March 21, 2016, after Beato was extradited to Hazleton from Orlando, Florida, to face charges related to a ...and more »
  
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• Real Estate Weekly: Data Centers Lead REIT Rally, Home Sales Disappoint - Seeking Alpha

  26-05-2017 18:08
  
  Real Estate Weekly: Data Centers Lead REIT Rally, Home Sales Disappoint
  Seeking Alpha
  REITs gained 0.9% on the week, pushing the REIT index into positive territory on a YTD basis. The more yield-sensitive REIT sectors led the charge this week, and even the beaten down retail REITs participated in the rally. The data center sector ...
  
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• Sellers now have the upper hand in Virginia real-estate market - Inside NoVA

  26-05-2017 18:05
  
  Inside NoVA
  Sellers now have the upper hand in Virginia real-estate market
  Inside NoVA
  Map shows how the Virginia Association of Realtors divides up the commonwealth in its geographic reporting. Constrained inventory is giving sellers a decided advantage in Virginia's real estate market, according to new data. Home sales across the ...
  
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• Accused Real Estate Scammer Pleads Guilty - wnep.com

  26-05-2017 17:55
  
  wnep.com
  Accused Real Estate Scammer Pleads Guilty
  wnep.com
  SCRANTON -- A former real estate agent from Hazleton has pleaded guilty in federal court to scamming people into buying homes he didn't have the authority to sell, leaving many people with nothing. People who say they were duped out of their dream ...
  Real estate cheat Ignacio Beato pleads guilty to wire fraudWilkes Barre Times-Leaderall 3 news articles »
  
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• US real estate agent sentenced for seven killings - BBC News

  26-05-2017 17:52
  
  BBC News
  US real estate agent sentenced for seven killings
  BBC News
  Todd Kohlhepp, who was arrested after a woman was found "chained like a dog" on his property in South Carolina, has pleaded guilty to seven murders. He was sentenced to life in prison without the possibility of parole after reaching a plea deal with ...
  Real estate serial killer pleads guilty to seven murdersNew York Daily News
  Man running successful real estate business pleads guilty to 7 killingsChattanooga Times Free Pr
  
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• Riley raises $3.1M to help real estate agents rate and respond to their leads - TechCrunch

  26-05-2017 17:21
  
  TechCrunch
  Riley raises $3.1M to help real estate agents rate and respond to their leads
  TechCrunch
  Businesses usually spend lots of time and money trying of attract potential customers. Now a startup called Riley aims to help them prioritize those sales leads. Riley was part of the winter class at Y Combinator. (In fact, CEO Daniel Ahmadizadeh said ...and more »
  
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• Riley raises $3.1M to help real estate agents rate and respond to ... - TechCrunch

  26-05-2017 17:21
  
  TechCrunch
  Riley raises $3.1M to help real estate agents rate and respond to ...
  TechCrunch
  Businesses usually spend lots of time and money trying of attract potential customers. Now a startup called Riley aims to help them prioritize those sales..and more »
  
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• Toronto real estate bidding wars turn to buyers' remorse - Frederick News Post (subscription)

  26-05-2017 17:11
  
  Frederick News Post (subscription)
  Toronto real estate bidding wars turn to buyers' remorse
  Frederick News Post (subscription)
  After a double whammy of government intervention and the near-collapse of Home Capital Group Inc., sellers are rushing to list their homes to avoid missing out on the recent price gains. The new dynamic has buyers rethinking purchases and sellers ...
  
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• Second estimate revises 1Q GDP higher

  26-05-2017 17:07
  
  The second estimate revised the real gross domestic product higher, increasing the annual rate from the original 0.7% estimate. This estimate is based on a more complete source data than what was available for the advance estimate issued last month. But even though there was a sluggish start to the year, it doesn’t reflect how the rest of the year will perform.
  
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• Five Real Estate Organizations Renew zipLogix™ as a Member Benefit Partner - PR Newswire (press release)

  26-05-2017 17:01
  
  Five Real Estate Organizations Renew zipLogix™ as a Member Benefit Partner
  PR Newswire (press release)
  FRASER, Mich., May 26, 2017 /PRNewswire/ -- zipLogix™, creators of zipForm®, is pleased to announce the reaffirmation of agreements with five real estate organizations. Members of these organizations will continue to have access to zipLogix™'s suite ...and more »
  
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• Zillow: Getting Millennials Into The Real Estate Game - PYMNTS.com

  26-05-2017 17:00
  
  PYMNTS.com
  Zillow: Getting Millennials Into The Real Estate Game
  PYMNTS.com
  Millennials are never, ever going to buy homes. If there is one thing the conventional wisdom is sure about – it is that. Why millennials are never going to buy homes is more of a jump ball. Maybe its the avocado toast, or the crushing student debt, or ...
  
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• LIST: W&M Real Estate Foundation buys land, and other transactions - Daily Press

  26-05-2017 14:25
  
  LIST: W&M Real Estate Foundation buys land, and other transactions
  Daily Press
  Check out the latest Hampton Roads commercial leases and sales reported by Harvey Lindsay Commercial Real Estate. -Hawkins Greenwich Holdings purchased a 1,125-square-foot office condominium at 5267 Greenwich Road in Virginia Beach from ...
  
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• 'Safer' Real Estate Dividend Dogs, Urstadt, VEREIT, & RAIT Said To Net Big Gains By May 2018 - Seeking Alpha

  26-05-2017 13:49
  
  'Safer' Real Estate Dividend Dogs, Urstadt, VEREIT, & RAIT Said To Net Big Gains By May 2018
  Seeking Alpha
  Top 10 "safer" net gain dividend Real Estate dogs, topped by RAS, VER, & UBA, averaged 23.7% net gain projections. 36 of 107 Real Estate stocks showed positive one-year returns and free cash flow yields greater than dividend yields as of 5/19/17. Thus ...and more »
  
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• BRIEF-Investors Real Estate Trust announces acquisition of Oxbō Apartments - Reuters

  26-05-2017 13:12
  BRIEF-Investors Real Estate Trust announces acquisition of Oxbō Apartments
  Reuters
  ... * Investors Real Estate Trust - announces acquisition of Oxbō Apartments, a multifamily property in St. Paul, minnesota Source text for Eikon: Further company coverage: Our Standards: The Thomson Reuters Trust Principles ...
  
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• Commentary: Real estate agent or general contractor? - SW News Media

  26-05-2017 09:45
  
  Commentary: Real estate agent or general contractor?
  SW News Media
  After almost 25 years in the real estate business, I've seen the role of a real estate agent evolve from one of performing just a few tasks to orchestrating a full-blown major life event for their clients. In the past, real estate agents had a basic ...
  
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• Funding for real estate challenger Spruce shows New York's startup ... - TechCrunch

  26-05-2017 08:34
  
  TechCrunch
  Funding for real estate challenger Spruce shows New York's startup ...
  TechCrunch
  Spruce, a new startup looking to speed up the mortgage, has raised $4.5 million in its series A financing from Bessemer Venture Partners, Omidyar Network, and ...and more »
  
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• Funding for real estate challenger Spruce shows New York's startup scene is thriving - TechCrunch

  26-05-2017 08:34
  
  Funding for real estate challenger Spruce shows New York's startup scene is thriving
  TechCrunch
  Spruce, a new startup looking to speed up the mortgage, has raised $4.5 million in its series A financing from Bessemer Venture Partners, Omidyar Network, and Third Prime Capital along with a slew of private angel investors. Founded by two former ...and more »
  
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• Clayton firm inks $1 billion real estate deal with Chinese insurer - STLtoday.com

  26-05-2017 07:16
  
  STLtoday.com
  Clayton firm inks $1 billion real estate deal with Chinese insurer
  STLtoday.com
  A BAE Systems facility in Fort Wayne, Ind., that was part of a $950 million deal covering 48 properties that Clayton-based ElmTree Funds LLC finalized with China Life insurance Group in May. prev. next. China Life Insurance Group has invested in U.S ...
  
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• How much? Elmira-area real estate transactions - Elmira Star-Gazette

  26-05-2017 05:45
  
  Elmira Star-Gazette
  How much? Elmira-area real estate transactions
  Elmira Star-Gazette
  Property sales for the third week of March 2017. CHEMUNG COUNTY. Chemung. John R. Robinson Jr. sold 453 County Route 60 to Sarah Brady for $95,000 on March 15. Lucille Ellis sold 18 Christopher Rd. to Justin Donovan for $123,600 on March 17.
  
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• China's Fosun to sell real estate firms to Shanghai Yuyuan for $3.5 ... - Reuters

  26-05-2017 04:43
  Reuters
  China's Fosun to sell real estate firms to Shanghai Yuyuan for $3.5 ...
  Reuters
  Chinese conglomerate Fosun International Ltd (0656.HK) said it will sell 28 real estate companies to Shanghai Yuyuan Tourist Mart Co Ltd (600655.SS) for ...
  Fosun shares jump after selling real estate companies for $3.5bnFinancial Timesall 3 news articles »
  
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• China's Fosun to sell real estate firms to Shanghai Yuyuan for $3.5 billion - Reuters

  26-05-2017 04:43
  Reuters
  China's Fosun to sell real estate firms to Shanghai Yuyuan for $3.5 billion
  Reuters
  FILE PHOTO: A company logo of Fosun International is seen at the Fosun Fair held alongside the annual general meeting of the Chinese conglomerate in Hong Kong, China May 28, 2015. REUTERS/Bobby Yip/File Photo. HONG KONG Chinese ...and more »
  
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• Son of slain real estate agent promotes safety at conference - KY3

  26-05-2017 01:34
  
  KY3
  Son of slain real estate agent promotes safety at conference
  KY3
  SPRINGFIELD, Mo. (KY3) - Going into a strange home with a stranger is all part of the job for real estate agents. However, ever since that routine turned deadly for an agent in Arkansas two and a half years ago, agents everywhere have been becoming ...
  
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• Elm Street Technology Scoops Up Real Estate Tech Provider ... - Inman.com

  26-05-2017 00:45
  
  Elm Street Technology Scoops Up Real Estate Tech Provider ...
  Inman.com
  Elm Street Technology (EST) has another acquisition to add to its list — Consolidated Knowledge. EST says the purchase is part of an “ongoing effort” to bring ...and more »
  
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• Elm Street Technology scoops up real estate tech provider Consolidated Knowledge - Inman.com

  26-05-2017 00:45
  
  Elm Street Technology scoops up real estate tech provider Consolidated Knowledge
  Inman.com
  Elm Street Technology (EST) has another acquisition to add to its list — Consolidated Knowledge. EST says the purchase is part of an “ongoing effort” to bring together the real estate industry's leading technology and marketing providers. “The ...and more »
  
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• CBC offers new LexisNexis FCRA report for lien and judgment data

  26-05-2017 00:15
  
  Starting July 1, the three national credit reporting agencies will stop collecting and reporting information on lien and judgement data obtained from public records, leaving lenders with a significant hole in their assessment of a borrower’s credit worthiness. To fill that information gap, two subsidiaries of CBC Companies — CBCInnovis and Factual Data — are offering the LexisNexis RiskView Liens & Judgments Report.
  
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• How do real estate agents' and brokers' commissions work? - Curbed Hamptons

  26-05-2017 00:09
  
  Curbed Hamptons
  How do real estate agents' and brokers' commissions work?
  Curbed Hamptons
  Editor's Note: This post was originally published in March 2013 and has been updated with the most recent information. Theoretically, it's simple. The real estate agent lists a house for sale, you like it, you negotiate a price with the agent, the ...
  
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• FBI: 10 new real estate email hacking cases in 2 months in Tampa Bay area - WFLA

  26-05-2017 00:09
  
  WFLA
  FBI: 10 new real estate email hacking cases in 2 months in Tampa Bay area
  WFLA
  (WFLA) – The FBI tells Better Call Behnken they have seen ten new real estate email hacking cases in the past two months in the Tampa Bay area alone. The fraud happens as a result of real estate agents using unsecure email accounts that get hacked by ...
  
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• Better Call Behnken: FBI reports 10 new real estate email hacking cases in 2 months in Tampa Bay area - WFLA

  26-05-2017 00:09
  
  Better Call Behnken: FBI reports 10 new real estate email hacking cases in 2 months in Tampa Bay area
  WFLA
  (WFLA) – The FBI tells 8 On Your Side they have seen ten new real estate email hacking cases in the past two months in the Tampa Bay area alone. The fraud happens as a result of real estate agents using unsecure email accounts that get hacked by ...
  
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• Creekwalk Village shopping center in Plano sold and other top real estate transactions - Dallas News (blog)

  26-05-2017 00:08
  
  Dallas News (blog)
  Creekwalk Village shopping center in Plano sold and other top real estate transactions
  Dallas News (blog)
  Creekwalk Village, a 174,484-square-foot shopping center in Plano, has been purchased by an East Coast Investor for $24.5 million. The retail center on 15th Street near U.S. Highway 75 is anchored by Bed Bath & Beyond, Old Navy and Barnes & Noble.
  
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• Grassroots military organizations ask Congress to save the CFPB

  26-05-2017 00:02
  
  As the Financial CHOICE Act winds its way through the House of Representatives, two grassroots organizations that represent current and former members of the military are asking the members of Congress to leave the Consumer Financial Protection Bureau alone and allow the bureau to continue functioning as it does now.
  
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• Grassroots military organizations ask Congress to save CFPB

  26-05-2017 00:02
  
  As the Financial CHOICE Act moves its way through the House of Representatives, two grassroots organizations that represent current and former members of the military are asking the members of Congress to leave the Consumer Financial Protection Bureau alone and allow the bureau to continue functioning as it does now.
  
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• Your Answer to Zillow’s ‘Instant Offers’

  26-05-2017 00:00
  
  All the reasons consumers should use you, not a website, to sell their home.
  
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