What if .realtor domains turn Google into AgentMatch?

What if .realtor domains turn Google into AgentMatch?

What if 500,000 members take the National Association of Realtors up on its offer of a free .realtor domain, and what if a sizable chunk of that group takes realtor.com up on its offer to host their realtor.com profile pages ......
Monday, August 25, 2014
Consumer watchdog chooses 12 companies for e-closings pilot

Consumer watchdog chooses 12 companies for e-closings pilot

A federal agency has chosen 12 firms to participate in a pilot program the agency hopes will yield insights on how to use technology to make the mortgage process easier, cheaper and less time-consuming for borrowers. The Consumer Financial Protection...
Monday, August 25, 2014
Link between MLS data sharing and home prices about to be put to the test

Link between MLS data sharing and home prices about to be put to the test

Outside agents from the Los Angeles, Ventura and Orange counties are worried that the withdrawal of the California Desert Association of Realtors from a regional MLS database will hurt home prices in the Coachella Valley and make it harder for ......
Monday, August 25, 2014
Flood-prone markets recovering from insurance scare

Flood-prone markets recovering from insurance scare

Fears of a drastic increases in federal flood insurance premiums dented home prices in Louisiana’s St. Charles Parish in the first half of the year, but the market has settled down and pretty much returned to normal since the passage ......
Friday, August 22, 2014
List a home that’s not market-ready and it’s going to languish

List a home that’s not market-ready and it’s going to languish

Coldwell Banker Real Estate agents are finding that market-ready homes are selling quickly, but those that aren’t may languish, even in markets where inventory’s scarce, CEO Budge Huskey tells TheStreet. The National Association of Realto...
Thursday, August 21, 2014
I’m not a Realtor, I just play one on YouTube

I’m not a Realtor, I just play one on YouTube

Derek Johnson promoting “Free List Calgary” on YouTube. The Real Estate Council of Alberta says a man it fined $15,000 last year for allegedly posing as a Realtor is now doing business under a different name, and has been advertising ......
Tuesday, August 19, 2014
Some cities kept gentrifying through the downturn

Some cities kept gentrifying through the downturn

The housing bust brought gentrification in Atlanta to a grinding halt, but the trend continued in other cities including Denver, Minneapolis, Portland, Seattle, and Washington, D.C., researchers with the Federal Reserve Bank of Cleveland conclude. Ci...
Tuesday, August 19, 2014
4 myths about real estate crowdfunding debunked

4 myths about real estate crowdfunding debunked

In a Forbes guest post, RealtyShares CEO Nav Athwal debunks four common misconceptions about real estate crowdfunding: You don’t really own real estate — you own a share of a limited liability company (LLC). It’s not a REIT — ...
Tuesday, August 19, 2014
Overseas investors buying homes from afar and leaving them vacant

Overseas investors buying homes from afar and leaving them vacant

About 30 percent of residential sales in Cambridge, England, are to overseas investors, who sometimes buy homes remotely and never move in, ITV’s Elodie Harper reports. “Properties left empty for investment purposes in order to make a pro...
Tuesday, August 19, 2014
Is Fed tapering when the next recession is just around the corner?

Is Fed tapering when the next recession is just around the corner?

Heritage Capital President Paul Schatz is not somebody you would describe as an “inflation hawk.” Inflation hawks think that the drastic measures taken by the Fed to jolt the nation out of its economic coma — including dialing short...
Monday, August 18, 2014
More poor people living in suburbs than cities

More poor people living in suburbs than cities

In the 1960s and ’70s, “white flight” in cities like Detroit helped concentrate poverty inside the city limits as more affluent residents fled to the suburbs. Today, well-educated job-seekers seeking shorter commutes, walkable commu...
Monday, August 18, 2014
Broker who thought he was bidding on house pays $150K for vacant lot

Broker who thought he was bidding on house pays $150K for vacant lot

Clutching a photo of a home in affluent Marin County, California, real estate broker Jeff Helm was thrilled when he ended up as the winning bidder at an auction of properties in tax default. But after handing over a check for ......
Friday, August 15, 2014
Lawsuit accuses Urban Compass of stealing trade secrets

Lawsuit accuses Urban Compass of stealing trade secrets

New York City-based Urban Compass, a 1-year-old broker that was valued at $360 million in a recent funding round, is being sued for the second time in two months, The Real Deal reports. Rival Citi Habitats claims individuals at Urban Compass’ ...
Wednesday, August 13, 2014
Buyer offers $1.6M in bitcoin for Lake Tahoe home site, seller says ‘yes’

Buyer offers $1.6M in bitcoin for Lake Tahoe home site, seller says ‘yes’

In what could be a new record for a real estate transaction involving bitcoin, an unnamed Silicon Valley entrepreneur has paid the equivalent of $1.6 million for a 1.4-acre home site in Truckee, California. While sellers sometimes offer to accept .....
Tuesday, August 12, 2014
Amerisave paying $19.3M to settle ‘bait-and-switch’ mortgage allegations

Amerisave paying $19.3M to settle ‘bait-and-switch’ mortgage allegations

Atlanta-based online mortgage lender Amerisave Mortgage Corp. and its affiliate, Novo Appraisal Management Co., have agreed to refund $14.8 million to consumers and pay a $4.5 million penalty to settle allegations by the Consumer Financial Protection...
Tuesday, August 12, 2014
2 accused of carjacking real estate agent face murder charges in deaths of 4 pedestrians

2 accused of carjacking real estate agent face murder charges in deaths of 4 pedestrians

Two men who allegedly carjacked a 45-year-old real estate agent at gunpoint in North Philadelphia, took turns sexually assaulting her in the backseat, and then ran over five pedestrians when the car’s tire blew, killing four, have been charged ...
Monday, August 11, 2014
FHA chief leaving to run housing policy group

FHA chief leaving to run housing policy group

Federal Housing Administration Commissioner Carol Galante will step down after less than two years on the job to become a professor at the University of California, Berkeley, and head up a housing policy group there, Bloomberg News reports. HUD’...
Monday, August 11, 2014
FICO credit scores to give less weight to unpaid medical bills

FICO credit scores to give less weight to unpaid medical bills

In a move that could be a boon to first-time homebuyers, Fair Isaac Corp. has said it will make changes in the way FICO credit scores are calculated. FICO scores are used by the vast majority of lenders. Starting this fall, ......
Monday, August 11, 2014