Real estate news

• Former Wingspan founder Steven Horne lands at Hladik, Onorato & Federman

  18-01-2018 23:09
  Two and half years after the company he founded went bankrupt, Wingspan Portfolio Advisors CEO and President Steven Horne landed at Hladik, Onorato & Federman, a multi-state law firm focused on mortgage banking and compliance and real estate development.
  
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• Builder Confidence Going Strong

  18-01-2018 22:25
  Home builder confidence in the new, single-family construction market is going strong, despite dialing back in the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The Index reading for January was 72, just two points under a spike in December. An above-50 reading indicates more builders have a positive outlook than a negative one.
  “Builders are confident that changes to the tax code will promote the small business sector and boost broader economi
  
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• Housing Starts Trip Up

  18-01-2018 22:22
  But Could ‘Easily’ Exceed 1.3 Million This Year
  Home-building activity stumbled in December, with housing starts down 8.2 percent to a rate of 1,192,000, according to the latest data from U.S. Census Bureau and the Department of Housing and Urban Development (HUD). Single-family housing starts decreased 11.8 percent to 836,000. Starts for units in buildings with five units or more came in at 352,000.
  Also below expectations were permits, but only 0.1 percent from November, to 1,302,0
  
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• Capital One consumer direct lending team finds new home at Flagstar

  18-01-2018 21:51
  
  When Capital One suddenly announced last year that it planned to exit its mortgage and home equity originations business, not much was known about what would happen to the more than 900 employees that would be laid off as a result of Capital One’s decision. Well, it turns out that a small percentage of those employees will be moving over to Flagstar Bank.
  
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• Gecina: Parisian Real Estate Player To Have A Strong 2018 - Seeking Alpha

  18-01-2018 16:46
  Gecina: Parisian Real Estate Player To Have A Strong 2018
  Seeking Alpha
  Re-leasing spreads have been strong, and cap rates have been compressing further in Paris as money flows into the company. While current cap rates look strong, there is more on the way. A substantial spread continues to exist between cap rates in Paris ...
  
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• What could attract nearly 200 female mortgage execs to Dallas today?

  18-01-2018 16:00
  
  The NEXT conference is the first of its kind and focuses on women who are C-suite and senior execs in mortgage lending. The show kicked off to a promising start, despite cold temperatures and a much-rowdier conference being hosted by Whole Foods across the hall.
  
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• Some impacts of new tax law on local real estate are clear. Some aren't. - Miami Herald

  18-01-2018 12:00
  Miami Herald
  Some impacts of new tax law on local real estate are clear. Some aren't.
  Miami Herald
  Even though the sweeping tax reform bill was signed into law on Dec. 22, the massive document is so dense that even seasoned real estate professionals aren't entirely sure what it will mean for Miami. While some of the bill's real estate provisions are ...
  
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