Real estate news

• The Best Real Estate Professionals in Hawai'i 2017 - HONOLULU Magazine (blog)

  31-05-2017 22:55
  
  HONOLULU Magazine (blog)
  The Best Real Estate Professionals in Hawai'i 2017
  HONOLULU Magazine (blog)
  Buying a home in Hawai'i might be the biggest investment you'll ever make. Get expert help from the top agents and brokers listed here. Published: 2017.05.31 08:55 AM. Home buyers' guide. Buying a home is one of the biggest, if not the biggest ...
  
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• President Trump declares June National Homeownership month

  31-05-2017 22:53
  
  President Donald Trump just declared June as National Homeownership month, to increase awareness into the importance of owning a home. The president emphasizes that for many Americans, owning a home is essential to living the American Dream.
  
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• Feds take action to solve appraiser shortage

  31-05-2017 22:51
  
  Key government agencies finally address the critical appraisal shortage crisis hampering the mortgage process. Currently, most appraisers are in their late 50s, with few taking the time mentor trainees. While it doesn’t solve the root of the problem, these housing groups highlighted two alternative options.
  
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• How Obama Is Reviving Chicago Real Estate: Hills, Grills, and a Library Like No Other - Realtor.com News

  31-05-2017 22:38
  
  Realtor.com News
  How Obama Is Reviving Chicago Real Estate: Hills, Grills, and a Library Like No Other
  Realtor.com News
  Now that we've gotten a peek at Barack Obama's presidential library, to be built on Chicago's South Side, we have to say: What a place it will be! After unveiling sketches of the Obama Presidential Center (as it's formally known) to a Chicago crowd ...and more »
  
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• Pending Home Sales Sluggish as Low Supply Rears Its Head

  31-05-2017 22:36
  
  Pending home sales were sluggish in April as low supply reared its head, down 1.3 percent in the National Association of REALTORS® (NAR) Pending Home Sales Index (PHSI). The PHSI posted 109.8 in April, down from 111.3 in March. The Index is based on contract signings.“Much of the country for the second straight month saw a pullback in pending sales as the rate of new listings continues to lag the quicker pace of homes coming off the market,” says Lawrence Yun, chief economist at
  
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• New York City cuts ties with Wells Fargo

  31-05-2017 22:35
  
  Earlier this year, reports began to emerge that New York City was considering becoming the next in a string of cities and states to cut ties with Wells Fargo in the wake of the bank’s fake account scandal. And Wednesday, that’s exactly what happened, as New York City’s mayor and comptroller announced that the city is ending its business relationship with Wells Fargo.
  
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• Global real estate investor buys Dallas North Tollway office complex - Dallas Business Journal

  31-05-2017 22:34
  Dallas Business Journal
  Global real estate investor buys Dallas North Tollway office complex
  Dallas Business Journal
  A global real estate investment firm has acquired an office park along the Dallas North Tollway from KBS Realty for an undisclosed sum. Subscribe to get the full story. Already a subscriber? Sign in. Subscribe to get the full story. Already a ...and more »
  
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• We Must Fix the Lack of Housing Inventory

  31-05-2017 22:32
  
  It is getting harder and harder for first-time home-buying because the supply of single-family homes has decreased for 21 consecutive months. These limited property listings have raised prices so significantly that first-time homebuyers cannot participate. Why does this matter? Because the safest part of every city, better health, higher educational attainment, greater variety of choices in goods and services, can always be found where there are high concentrations of homeowners. Here’s wh
  
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• International Homebuyers Have More Impact on High-End Market

  31-05-2017 22:30
  
  International homebuyers have more impact on the high-end housing market than on the general housing market, according to the latest Zillow Home Price Expectations Survey for the second quarter of 2017, which surveyed over 100 housing authorities. Those surveyed reported that though international buyers have a major effect on home values in the luxury market, they have only a minor effect on supply and values overall.
  “International buyers are popular scapegoats for rising real estate pric
  
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• Top 10 Urban Properties With the Best Views

  31-05-2017 22:27
  
  Editor’s Note: This was originally published on RISMedia’s blog, Housecall. See what else is cookin’ now at blog.rismedia.com:Summer Pool Maintenance 101
  Where to Move If You Want to Become Bilingual
  RIP Forever Homes: Millennials More Inclined to Move
  Be it a penthouse in a Manhattan high-rise or a sprawling estate built into the Hollywood Hills, one of the most sought after aspects for any luxury metropolitan home is the view to go with it. From east to west, Engel & V&ou
  
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• Princeton Real Estate: potential and potential realized - Mercer Space

  31-05-2017 21:42
  
  Mercer Space
  Princeton Real Estate: potential and potential realized
  Mercer Space
  Back in 2001 19 Linden Lane was purchased for $750,000. Now, with upgrades and restoration, it's on the market at $2.5 million. Which kind of house would you choose: One with immaculate appointments, modern amenities, an historic pedigree, and a price ...
  
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• Home prices jumped the most in these 10 housing markets

  31-05-2017 21:30
  
  As home prices continue to rise, some metros stood above the rest. Unsurprisingly, most metros in the top 10 lie on the West Coast including areas such as San Jose and San Francisco. The latest report from Black Knight shows which metros held the highest increase in home prices in March.
  
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• US sues Louisiana real estate appraisers for alleged fee fixing - Reuters

  31-05-2017 21:05
  HousingWire
  US sues Louisiana real estate appraisers for alleged fee fixing
  Reuters
  WASHINGTON The Federal Trade Commission said on Wednesday it had filed a complaint against a Louisiana state real estate appraisers board for allegedly punishing companies that set their fees too low. The FTC, which has pursued organists and other ...
  FTC accuses Louisiana Real Estate Appraisal Board of violating federal law with fee rulesHousingWireall 3 news articles »
  
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• Where is the disconnect between the CFPB and community banks and credit unions?

  31-05-2017 21:00
  
  [Commentary] CFPB Director Richard Cordray once again stood before an audience and slammed anyone who claimed the bureau’s regulations are killing banks. He specifically highlighted the success of credit unions and community lenders as groups benefitting from the bureau’s regulations. And yet, associations advocating for each of those groups vocalize opposite messages. So what’s really going on?
  
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• Commercial Real Estate Lending Growth Remains Strong Despite Fed Rate Hikes - Forbes

  31-05-2017 20:12
  
  Forbes
  Commercial Real Estate Lending Growth Remains Strong Despite Fed Rate Hikes
  Forbes
  The Fed's ongoing interest rate hike process has had a negative impact on the rate of loan growth across U.S. banks over recent months, with fewer individuals and enterprises adding fresh debt at the higher interest rates. While this trend is most ...and more »
  
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• Top 9 commercial real estate law firms in the Valley - AZ Big Media

  31-05-2017 20:09
  
  AZ Big Media
  Top 9 commercial real estate law firms in the Valley
  AZ Big Media
  When the development of a new project comes to a halt, attorneys specializing in real estate get to work in addressing the problem and finding the best path to an effective solution. In an industry where the problems can be as diverse and complex as ...
  
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• Experts agree – home prices not back to bubble-era levels

  31-05-2017 19:25
  
  Home prices continue to rise across the U.S., leading some to wonder if the housing market is back to its bubble era years, however experts agree home prices are far below pre-crisis levels. Using calculations that show “real home prices” experts explained affordability is decreasing, and even low historically, but not close to the bubble years.
  
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• FTC accuses Louisiana Real Estate Appraisal Board of violating federal law with fee rules

  31-05-2017 19:04
  
  The rules established by the Louisiana Real Estate Appraisal Board, the regulatory body that oversees property appraisals in the state, violate federal antitrust laws and stifle competition for appraisal services due to strict requirements to adhere to a “customary and reasonable” appraisal fee schedule, according to the Federal Trade Commission.
  
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• BPC: Here's a bipartisan path forward to accomplish GSE reform

  31-05-2017 18:49
  
  A lack of bipartisan support nearly shattered any chance of reforming Fannie Mae and Freddie Mac, leaving the government sponsored-enterprises in conservatorship for almost a decade. The Bipartisan Policy Center, however, is set on correcting this issue as talks for reform start to resurface. And the BPC didn’t leave it at only one option for reform; they outlined three possible paths forward.
  
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• Mortgage origination volume hits highest point since 2012

  31-05-2017 17:53
  
  Mortgage originations are up, and even hit the highest volume amount since 2012, however even as originations increased, profitability sank. When originator profits are higher, mortgage volumes are less responsive to changes in interest rates, but as it stands, the Fed’s decision over a June rate hike could hold significant consequences to mortgage origination volumes.
  
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• Real estate bigs teaming up at Chelsea Piers to fight diabetes - New York Post

  31-05-2017 17:38
  
  New York Post
  Real estate bigs teaming up at Chelsea Piers to fight diabetes
  New York Post
  The real estate industry will be holding its second annual JDRF Real Estate Games at Chelsea Piers to raise money to fund Type One diabetes (T1D) research. Jim Whelan, an executive vice president of the Real Estate Board of New York (REBNY), who is ...
  Real estate pros prepare to face off at annual games in aid of diabetes researchReal Estate Weeklyall 2 news articles »
  
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• Attorney Sonia Bain finding rich rewards in practice of real estate law - Real Estate Weekly

  31-05-2017 17:37
  Real Estate Weekly
  Attorney Sonia Bain finding rich rewards in practice of real estate law
  Real Estate Weekly
  An injured ankle is what led commercial real estate attorney Sonia Bain, a partner at the firm Bryan Cave, to the field of law. The daughter of two doctors, Bain was following them into the field of medicine while still an undergraduate at Stony Brook ...
  
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• Real estate firm takes close look at Norfolk in research spotlight - Virginian-Pilot

  31-05-2017 16:58
  
  Virginian-Pilot
  Real estate firm takes close look at Norfolk in research spotlight
  Virginian-Pilot
  Cushman Wakefield | Thalhimer takes an in depth look at different real estate markets about six to eight times a year. It was just Norfolk's turn. Dubbed a research spotlight, the comprehensive report details the real estate market within a particular ...
  
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• Largest Real Estate Companies | Blackstone Group Real Estate - The Real Deal Magazine

  31-05-2017 16:39
  
  The Real Deal Magazine
  Largest Real Estate Companies | Blackstone Group Real Estate
  The Real Deal Magazine
  Blackstone is once again the world's largest real estate manager after overtaking Brookfield Property Partners last year.and more »
  
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• BUSTED: Even Jared Kushner's uncle is using Trump to hawk real estate to Chinese investors - Raw Story

  31-05-2017 16:39
  
  Raw Story
  BUSTED: Even Jared Kushner's uncle is using Trump to hawk real estate to Chinese investors
  Raw Story
  Earlier this month, the Washington Post revealed that the company run by Jared Kushner's family gave a presentation to wealthy Chinese investors informing them that they could get American visas if they invested in the Kushners' real estate projects.
  Jared Kushner's Diplomatic Entanglements Mount: These Are The 4 Biggest ControversiesBisnow
  Russian ambassador told Moscow that Kushner w
  
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• Report: As Philly's real estate market booms, suburbs struggle - Curbed Philly

  31-05-2017 16:32
  
  Curbed Philly
  Report: As Philly's real estate market booms, suburbs struggle
  Curbed Philly
  Home values in the suburbs of Philly were down 14 percent this past quarter. Courtesy of Shutterstock. The 'burbs around Philly are typically just a SEPTA or PATCO ride away, but when it comes to their respective housing markets, they've never been ...
  
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• Pending home sales see largest drop since 2014

  31-05-2017 16:01
  
  Pending home sales dropped for the second consecutive month as low inventory levels continue to hold back home sales. April’s drop represents the first annual decrease since December and the largest decrease since 2014. As for the forecast – inventory levels won’t be increasing anytime soon.
  
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• Real Estate Data's Next Geography - Builder Magazine

  31-05-2017 15:19
  Builder Magazine
  Real Estate Data's Next Geography
  Builder Magazine
  Reach Advisors' James Chung will join dream team of 'deans' in developing Hive 2017 program in LA, Dec. 6-7. By John McManus. This data download from the Census, showing where U.S. population growth changed the most, year over year in 2016, ...
  
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• Hernando sees highest increase in property values since real estate bust - Tampabay.com

  31-05-2017 14:00
  
  Tampabay.com
  Hernando sees highest increase in property values since real estate bust
  Tampabay.com
  Property values dropped for six years prompted by the real estate bust a decade ago. Construction of this home in Trillium in 2011 was an early sign of a rebound. [Times file photo]. BROOKSVILLE — Early estimates show that Hernando County property ...
  
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• The 19 hottest real estate markets in N.J. are surging | NJ.com - NJ.com

  31-05-2017 13:18
  
  NJ.com
  The 19 hottest real estate markets in N.J. are surging | NJ.com
  NJ.com
  New Jersey's real estate market has been fairly fractured since the Great Recession ended in 2009. A slow recovery has meant many are still waiting for their ...
  REPORT: These Bergen Towns Rank Among State's Hottest Real ...Hackensack Daily Voiceall 2 news articles »
  
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• MBA: Mortgage applications continue to waver, drop

  31-05-2017 13:05
  
  Mortgage applications maintained their recent up and down trend, recording a slight drop from one week earlier. Meanwhile, the refinance share of mortgage activity stayed in the low 40s. Here’s how the rest of the latest the Mortgage Bankers Association’s Weekly Mortgage Applications Survey shapes up.
  
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• Recent auction of lakefront estate sets real-estate record in Troutman - Charlotte Business Journal

  31-05-2017 12:30
  Charlotte Business Journal
  Recent auction of lakefront estate sets real-estate record in Troutman
  Charlotte Business Journal
  A residential property abutting Lake Norman sold for just under $2 million in a recent auction, setting the real-estate record books in Troutman. Held in late April, the online auction of a 9,265-square-foot home in Iredell County garnered eight bids ...
  
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• Bay Area Homeowners, Real Estate Agents React to Lawsuit Over Zillow Estimates - NBC Bay Area

  31-05-2017 07:01
  
  NBC Bay Area
  Bay Area Homeowners, Real Estate Agents React to Lawsuit Over Zillow Estimates
  NBC Bay Area
  A class action lawsuit filed against Zillow claims the real estate site's estimate on the values of homes violates consumer protection laws. Scott Budman reports. (Published Monday, May 29, 2017). A class action lawsuit filed against Zillow claims the ...
  
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• Flagstar expands duties of commercial real estate veteran to head retail platform

  31-05-2017 00:20
  
  Flagstar Bank expanded the role of Andrew Ottaway, its current executive vice president and head of lending, to the additional role of president of the bank's Michigan market. In his expanded position, Ottaway will be responsible for Flagstar's retail platform and 99 branches in Michigan.
  
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• Survey Reveals Latest Online Marketing Targets

  31-05-2017 00:00
  
  More than 370 business professionals chime in with the top areas of focus for their marketing dollars online in reaching new and old customers....
  
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• NAR: Buyers Face 'Double Whammy’ This Spring

  31-05-2017 00:00
  
  Home buyers are facing persistently low inventory levels and price appreciation that’s rising much faster than incomes. Read more from NAR...
  
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• Lack of Homes for Sale Constrains Loan Apps

  31-05-2017 00:00
  
  The lack of housing inventory nationwide is limiting home sales and dampening mortgage applications during the height of the spring buying season...
  
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• Fed: More Regular Rate Hikes Coming

  31-05-2017 00:00
  
  The Federal Reserve says quarterly increases in interest rates are likely in the future—a fundamental shift in its policy over the last few...
  
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• Credit Scores Hit Record High

  31-05-2017 00:00
  
  Rising credit scores will likely prompt banks to make more credit available, at a cheaper cost, to mortgage borrowers.
  
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• 2017’s Most Affordable U.S. Beach Towns

  31-05-2017 00:00
  
  Do you have clients who dream of owning an oceanside getaway? If they’re in search of a bargain, here are some of the least expensive...
  
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