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RELO executive knows luxury real estate Premium Content

By Inman News, Tuesday, July 19, 2005.

Paul Boomsma and luxury real estate go way back. Boomsma's first job was marketing luxury office space, and today he serves as executive vice president of the Luxury Home Division of RELO, a network of independent real estate companies.  more...

Colonial Properties beefs up office portfolio

By Inman News, Tuesday, July 19, 2005.

Colonial Properties Trust has expanded its commercial office portfolio with acquisitions in Austin, Texas, and Charlotte, N.C., the company said this week.

 more...

Chicago apartment building sells for $10.8 million

By Inman News, Tuesday, July 19, 2005.

Marcus & Millichap Real Estate Investment Brokerage Co.  more...

Federal agency inks commercial lease agreement

By Inman News, Tuesday, July 19, 2005.

The U.S. General Services Administration has signed a new commercial lease agreement to occupy 114,286 square feet in a Washington, D.C., building, Mack-Cali Realty Corp.  more...

Georgia men indicted in half-million-dollar scheme

By Inman News, Tuesday, July 19, 2005.

Three Georgia men have been indicted in an alleged mortgage fraud scheme involving nearly half a million dollars, the Augusta Chronicle reported.

 more...

Fed chair Alan Greenspan froths on Premium Content

By Inman News, Tuesday, July 19, 2005.

The U.S.  more...

Realtors urge eminent domain restrictions Premium Content

By Inman News, Tuesday, July 19, 2005.

The Illinois Association of Realtors has called on the Illinois General Assembly to restrict powers of eminent domain, and has petitioned for state legislation that would strengthen Illinois law in this area.

 more...

TransUnion enters real estate title biz in California

By Inman News, Tuesday, July 19, 2005.

TransUnion said today it is entering the title insurance underwriting business in California with the acquisition of four companies currently owned by Southern California-based Diversified Holdings Corp.  more...

Help-U-Sell on pace for 1,000 franchises this year

By Inman News, Tuesday, July 19, 2005.

Help-U-Sell Real Estate, a flat-fee real estate company, is on pace to reach 1,000 franchises by the end of the year, according to Rick O'Neil, company president.

 

The real estate company this week announced that it has reached 800 franchises, with the 800th office scheduled to open in Fort Worth, Texas.  more...

Real estate purchases inch up

By Inman News, Tuesday, July 19, 2005.

Overall mortgage applications inched up slightly last week, going up 1.2 percent on a seasonally adjusted basis from the week before, according to the Mortgage Bankers Association's weekly survey.

 

 more...

Search real estate and ye shall find 'WhereToLive' Premium Content

By Janis Mara, Tuesday, July 19, 2005.

Editor's note: In this four-part series, we highlight four of the finalists for the 2005 Inman Innovator Award and profile their contributions to the real estate industry. This year, 66 real estate, technology and media firms have made it to the final nomination round and will compete for the coveted awards.  more...

HomesAndLoans co-founder spotted shift to online real estate

By Inman News, Tuesday, July 19, 2005.

Real estate remodeling activity surges

By Inman News, Tuesday, July 19, 2005.

Americans spent $198.6 billion on remodeling projects last year according to the U.S. Census Bureau, up from $176.9 in 2003 and the largest increase in more than a decade, the National Association of Home Builders announced today.

Remodeling expenditures in 2004 were up 12.3 percent from 2003.  more...

Overnight real estate rates head higher

By Inman News, Tuesday, July 19, 2005.

Long-term mortgage interest rates were up Tuesday, and the benchmark 10-year Treasury bond yield sank to 4.19 percent.

The 30-year fixed-rate average rose to 5.28 percent, and the 15-year fixed-rate gained to 4.88 percent. The 1-year adjustable was up at 3.73 percent.

The 30-year Treasury bond yield declined to 4.43 percent.

Rates are current as of 7:15 p.m. Eastern Standard Time.  more...

Botched foreclosure lands lawyers back in school

By Robert Bruss, Tuesday, July 19, 2005.

U.S. Bank hired Fisher and Fisher, attorneys at law, to handle the foreclosure of its $140,000 residential mortgage loan to 69-year-old Mattie Sullivan-Moore, taken out in 2001. The law firm specializes in representing mortgage lenders in more than 4,000 foreclosure cases per year.

Working on behalf of U.S. Bank, Fisher and Fisher handled the foreclosure of Sullivan-Moore's home at 7744 S. Carpenter St. But the proceedings got off to a bad start when the foreclosure papers incorrectly stated the address as 7742 S. Carpenter.  more...

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