Real estate news

• Reverse mortgages for the win

  20-06-2018 23:00
  
  Before you tell me that reverse mortgages may be the most boring and least sexy topic you’ve ever heard, let me tell you this: You’re right. BUT, turning your equity into cash and using it to maintain your lifestyle in retirement is, actually, kind of sexy. Right?
  
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• Existing-Home Sales Hit a Snag

  20-06-2018 22:01
  Existing-home sales in May were snagged by supply, the National Association of REALTORS® (NAR) reports. Activity in May declined 0.4 percent to 5.43 million, down 3 percent from the prior year. Inventory increased 2.8 percent to 1.85 million, but was 6.1 percent lower than the prior year.“Closings were down in a majority of the country last month and declined on an annual basis in each major region,” says Lawrence Yun, chief economist at NAR. “Incredibly low supply continue
  
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• Living in the Lap of Luxury in the Philippines

  20-06-2018 21:53
  With two major offices in the Philippines and several regional hubs, 100-plus employees (25 of which are engaged in real estate brokerage), Pinnacle Real Estate Consulting Services Inc. continues to see a lot of interest from investors in the Asia-Pacific region who are keen on Philippine opportunities. Here, Managing Director Michael Mabutol provides a closer look into what’s keeping the luxury market moving in the Southeast Asian country.
  Please describe your current housing market.Our c
  
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• HousingWire Insiders award nominations closing soon, will you make the cut?

  20-06-2018 20:00
  
  Two years ago, HousingWire began recognizing the unsung heroes of the mortgage finance industry, seeking out those who are the “go-to” team members and those get the task done, willingly and no matter the size of the challenge. This year, we plan to go even bigger, will you make the cut?
  
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• ARMCO names Sharon Reichhardt vice president of client success

  20-06-2018 15:27
  
  ACES Risk Management Co. announces the promotion of Sharon Reichhardt as vice president of client success. Reichhardt, will oversee ARMCO’s professional services division and manage ongoing adoption by customers of the full feature-set of the ACES Audit Technology platform, ARMCO’s flagship product.
  
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