Real estate news

• Buyers Flocking to ‘Harshest’ Market Yet

  10-04-2018 22:52
  The climate is gradually moving toward spring-like temperatures…but it is burning up in housing, with prices rising 8 percent year-over-year, according to a new realtor.com® report. The climb in March sent the median list price to $280,000—above the prior record $275,000 from July 2017.
  Based on data from realtor.com, there were 1.29 million March listings (a decline of 8 percent year-over-year), and homes lasted 63 days on-market (a 7 percent decline year-over-year and a 24 per
  
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• Introducing the NEW REALTOR® Brand

  10-04-2018 22:49
  NAR PULSE—Join the evolution! The National Association of REALTORS® announced this week that after 45 years, the iconic REALTOR® brand is evolving to better represent the dynamic, multi-faceted, future-focused organization and members. Please visit NAR.realtor/brand to view the new logos, a short animation of the evolution of the iconic REALTOR® logo and FAQs.
  Stand With Fair Housing at the REALTORS® Legislative Meetings & Trade ExpoAttending the REA
  
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• Trade Concerns Unwarranted? Chinese Foreign Investment in Real Estate to Remain on Track

  10-04-2018 22:22
  Fears over a growing trade war between the U.S. and China have been escalating over the past month, prompted by President Trump’s plans to impose a tax on steel and aluminum from China and other countries.
  Both sides have threatened to impose tariffs on a variety of other products, creating a volatile stock market environment. On Thursday and Friday, stocks dropped significantly amid a spike in trade war concerns before picking back up on Sunday in response to President Trump’s lates
  
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• With Fast-Growing Prices, Gains in Equity Are Exceeding Minimum Wage

  10-04-2018 22:16
  For many Americans, homeownership is a vehicle for wealth—an appreciating asset that, more often than not, earns a profit at resale.
  In the market today, homeowners are all but promised to reap the rewards. According to an analysis recently released by Zillow, appreciation is so healthy that homes in many markets are producing more than a job for minimum wage would. Although the average homeowner is earning $7.09 in equity for every hour spent at work—16 cents less than the federal m
  
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• What lenders can learn from tax preparation software

  10-04-2018 21:45
  
  For most underwriters, calculating income is a manual process, often characterized by inefficiency, inaccuracy and lack of standardization. When is someone going to be able to provide self, tax software kind of functionality for our mortgage underwriters? The answer: we’re on the precipice.
  
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• Auction.com adds Min Alexander as chief operating officer

  10-04-2018 21:07
  
  Auction.com, a real estate marketplace and a recent honoree as member of the HousingWire Magazine HW Tech100, announced this week that it is naming Min Alexander as its new chief operating officer. During her time at Altisource, Alexander was named one of HousingWire Magazine’s Women of Influence in 2017.
  
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• Loan Officers! Here’s what you’re missing at LendIt Fintech

  10-04-2018 16:00
  Lenders, one of the biggest fintech conferences, LendIt Fintech USA, is going on right now in San Francisco. Lucky for you, Online Editor Caroline Basile is there. So, read on and find out what you missed!
  
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• A Tale Of Two Real Estate Markets - Forbes

  10-04-2018 14:30
  Forbes
  A Tale Of Two Real Estate Markets
  Forbes
  In an increasingly digital world, geography still matters in real estate. For investment, you must evaluate a market before you even look at a property, but many investors get that part backward. An economically viable market supports price gains, rent ...
  Recent Commercial Real Estate TransactionsNew York Times
  Dear Monty: Tips for testing real estate agentsGreen Bay Press Gazette
  Lebanon County real estate transactionsLebanon Daily News
  Roanoke
  
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• Closing Condos under litigation: Fannie Mae now gives lenders a way out

  10-04-2018 14:00
  
  Fannie Mae finally updated their litigation requirements on condominium projects! The guidelines now allow the lender more flexibility to determine, with confidence, whether litigation is minor or major, what is considered minor, and provide a way for lenders to warrant the project despite the litigation. Here's how.
  
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• Chinese real estate firms boost apartment rentals in line with Xi demands - Reuters

  10-04-2018 01:19
  Reuters
  Chinese real estate firms boost apartment rentals in line with Xi demands
  Reuters
  HONG KONG (Reuters) - Major Chinese real estate companies are renting more of the apartments they develop as they respond to President Xi Jinping's demand that China should produce homes to live in not to speculate on. Residential apartments are ...and more »
  
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• Springfield couple that bought subsided home sues real estate company - The State Journal-Register

  10-04-2018 00:42
  The State Journal-Register
  Springfield couple that bought subsided home sues real estate company
  The State Journal-Register
  In the late 1980s and throughout the 1990s, Meadowbrook West subdivision was the epicenter of mine subsidence, causing pavement to buckle and homes to crack. [File/Bill Hagen/The State Journal-Register]. By Crystal Thomas Staff Writer. @crystalclear224 ...
  
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• Disgraced real estate attorney closer to losing kid - New York Post

  10-04-2018 00:21
  New York Post
  Disgraced real estate attorney closer to losing kid
  New York Post
  Disgraced Manhattan real estate attorney Allison Scollar was back in Family Court Monday — six years after winning a landmark custody case against her ex-partner. Scollar became the full-time legal parent of daughter Harrison, 6, in 2012 after a judge ...
  
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• Chinese real estate delegation visits Houston - Houston Chronicle

  10-04-2018 00:19
  Houston Chronicle
  Chinese real estate delegation visits Houston
  Houston Chronicle
  A delegation of 80 Chinese nationals spent Friday in a Galleria ballroom networking with Texas real estate agents and learning how to partner with U.S. developers and the best ways to navigate the financial and regulatory issues of doing business in ...and more »
  
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