Real estate news

• Greece: A Life of Luxury

  13-08-2018 21:41
  Based in Athens, Greece, JK Property & Yachting has been at the heart of the capital city’s real estate market for 14 years. With Owner/CEO Jeronymo Kontonis at the helm, JK Property & Yachting has continued to grow and evolve alongside the real estate industry by establishing a wider global network of services and connections to better serve their clients. Here, Kontonis talks about what’s keeping the luxury market moving in Greece—and the current challenges that need
  
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• Homeowner Households Outpaced by Renters: Zillow

  13-08-2018 21:36
  From the crest prior to the recession up through 2016, the country’s largest markets now have more renters, according to an analysis recently released by Zillow. In 2000, the rate of renters was 33 percent; from 2006 to 2016, the rate rose from 31 percent to 36 percent.
  More than half of the 50 largest markets have more renters today, according to the analysis. The reason for the rise is varied. According to Aaron Terrazas, senior economist at Zillow, in the downturn, foreclosed-on homeown
  
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• Borrower Beware: Soon It Will Be Tough to Unload College Loans

  13-08-2018 21:33
  (TNS)—Here’s a good reason to think twice about taking out piles of student loans after watching a catchy TV ad for a for-profit college.
  The U.S. Department of Education is on a path to make it far tougher to get federal college loans forgiven using the argument that the school cheated you out of a good education by misleading you about job prospects or engaging in fraud.
  The new rule—now under a public comment period—would apply to students seeking loans after July 1, 2
  
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• Despite tech migration to Seattle, this Silicon Valley MSA is still growing

  13-08-2018 18:00
  
  Although some of its high-tech workforce gravitates up to Seattle firms, the population continues to grow in California's San Jose-Sunnyvale-Santa Clara Metropolitan Statistical Area, while both unemployment, at 2.6%, and the supply of homes, at just a month, are extremely low.
  
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• Latin America Agrees to Standardize Ethics Rules

  13-08-2018 07:00
  
  Real estate associations in the region sign an accord with NAR to promote and enforce the Code of Ethics.
  
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• Erosion, Sea Levels Threaten Viability of Waterfront Homes

  13-08-2018 07:00
  
  Disappearing coastlines may prompt affluent home buyers to shun oceanside communities.
  
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• Monday Morning Cup of Coffee: C2 Financial cutting ties with Quicken Loans this week

  13-08-2018 06:01
  
  "We've been growing their business a while and we offer extremely competitive pricing. We thought we were doing a good job. C2’s owner, Ron Tomko, actually told us that himself, and we hadn’t heard any negative feedback until this decision," Quicken Loans CEO Jay Farner told HousingWire late Sunday night.
  
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