Eminent domain question roils Phoenixville schools

Posted by Me on Facebook on November 30, 2013 at 06:48PM:



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http://bit.ly/1cHWQWq

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PHOENIXVILLE — With the Phoenixville Area School District a little more than two weeks away from officially taking control of the Meadow Brook Golf Club property, local citizens continue to air their questions and concerns.

Why foreign investors find it hard to get excited about Moscow’s healthy cap rates | Inman News

Posted by Me on Facebook on November 30, 2013 at 03:07AM:



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http://bit.ly/1jTDCQ7

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Why foreign investors find it hard to get excited about Moscow’s healthy cap ratesshare this Nov 27, 2013 Public-private partnerships could be one way to generate interest in Moscow real estate among foreign investors, who despite phenomenal cap rates of 9 to 12 percent, “have so far been very cauti...

Original can be found on the Timothy J. Alexander, Long & Foster Real Estate Facebook page.… Read the rest

‘A Christmas Story’ at 30: Now part of the family

Posted by Me on Facebook on November 28, 2013 at 06:13PM:



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http://bit.ly/IogmOa

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CLEVELAND — Even after three decades, the triple-dog dare doesn’t get old.

Happy Thanksgiving!!

Happy Thanksgiving!!

Original can be found on the Timothy J. Alexander, Long & Foster Real Estate Facebook page.… Read the rest

Thanksgivukkah: A rare treat for Jewish Americans

Posted by Me on Facebook on November 27, 2013 at 05:59PM:



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http://bit.ly/1cwOaSz

Description:

This year, Jewish Americans will be celebrating a holiday that won’t be happening again for a while – Thanksgivukkah.

New Hire to Lead 360 Mortgage Group's East Coast Operations

Posted by Me on Facebook on November 27, 2013 at 12:21PM:



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http://bit.ly/1eArjaI

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A new face has joined the Austin-based 360 Mortgage Group. Joseph Kowalewski has been brought on as regional manager of the East Region of the United States.

Taking a stand on agent data | Inman News

Posted by Me on Facebook on November 27, 2013 at 10:55AM:



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http://bit.ly/Ip2Ryd

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Agent data holed up in the multiple listing service should be displayed for consumers to review and analyze. Earlier this week, Keller Williams Realty took a stand, discouraging realtor.com from moving forward with its program to display agent data. I do not agree with the folks at KW, but I respect...

Mortgage Rates Fall Slightly in October

Posted by Me on Facebook on November 26, 2013 at 10:37PM:



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http://bit.ly/1aTkaSc

Description:

Having risen for the previous four months, mortgage interest rates stumbled in October, according to data from the Federal Housing Finance Agency (FHFA). Using data on more than 5,700 loans from 33 different lenders, FHFA calculated a composite contract r

Zillow Oct 2013 Case Shiller Forecast | Zillow Real Estate Research

Posted by Me on Facebook on November 26, 2013 at 09:53PM:



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http://bit.ly/1jI6Y3B

Description:

Case-Shiller, Case-Shiller comparison, case-shiller forecast, case-shiller index, Case-Shiller indices, forecast, October 2013, Zillow

Highest property taxes in America

Posted by Me on Facebook on November 26, 2013 at 08:46PM:



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http://bit.ly/ImG2LJ

Description:

A new Tax Policy Center study looks at the average annual property tax burdens in more than 3,000 counties across the country.

Principal write-downs better for borrowers, but could be worse for investors | Inman News

Posted by Me on Facebook on November 26, 2013 at 05:50PM:



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http://bit.ly/1cs2ig1

Description:

Principal write-downs better for borrowers, but could be worse for investorsshare this Nov 26, 2013 Interest rate reductions tend to be the preferred form of loan modification, but borrowers who obtain principal write-downs are more likely to stay current on their mortgage payments, Housing Wire rep...

Woman receives probation for perjury

Posted by Me on Facebook on November 26, 2013 at 05:38PM:



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http://bit.ly/ImajKA

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WEST CHESTER – A Phoenixville woman who admitted that she lied under oath at a murder trial earlier this year out of fear and a desire to place sole blame on the man who committed the crime pleaded guilty Tuesday to a single count of perjury.

The pros and cons of 'bring your own device' | Inman News

Posted by Me on Facebook on November 26, 2013 at 05:43AM:



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http://bit.ly/IjUwMh

Description:

The release of the iPhone in 2007 had a significant impact on mobile computing. It also ignited what is now referred to as the "BYOD" (bring your own device) revolution. BYOD is simply a model where employees bring their preferred devices, which they have purchased and own, to the workplace. This mo...

Zillow US Home Values Fall Two Months in a Row for First Time in Two Years | Zillow Real Estate...

Posted by Me on Facebook on November 26, 2013 at 12:27AM:



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http://bit.ly/1aPB6cu

Description:

Zillow’s October Real Estate Market Reports, released today, show that national home values declined 0.1% from September to October to $162,800 (Figure 1). On a year-over-year basis, home values were up 5.2% (Figure 2) from October 2012. The last time national home values were at this level was in O...

House of the Week: And the Winner Is…

Posted by Me on Facebook on November 25, 2013 at 11:12PM:



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Source:

http://on.wsj.com/1co16ua

Description:

Find out which home took top billing in the latest reader poll.

Solid Earth, Planwise partner to help buyers find homes that fit their financial goals | Inman News

Posted by Me on Facebook on November 25, 2013 at 03:44PM:



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http://bit.ly/IhOvja

Description:

Multiple listing service technology provider Solid Earth will soon integrate a financial planning tool from startup Planwise into its Spring real estate platform, allowing consumers to gauge the affordability of listings they find on public-facing MLS websites powered by Spring. Planwise allows pros...

Does the Senate's 'Nuclear Option' Clear the Way for New FHFA Head?

Posted by Me on Facebook on November 25, 2013 at 02:55PM:



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http://bit.ly/1euHNkE

Description:

Now that Senate Democrats have changed the chamber’s rules to block filibusters of executive appointments, analysts anticipate a much easier path for Rep. Mel Watt (D-North Carolina) to take the reins as director of the Federal Housing Finance Agenc

Woman rescued from burning house

Posted by Me on Facebook on November 24, 2013 at 05:04PM:



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http://bit.ly/1jyQB9B

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By CHRIS BARBERcbarber@21st-centurymedia.com

5 housing bubbles to watch

Posted by Me on Facebook on November 23, 2013 at 11:48PM:



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http://bit.ly/190lizt

Description:

Housing markets are looking frothy, and some fear they risk putting entire economies in jeopardy. Here's a look at five markets to watch.

Names, joined in a heart, cut into a tree

Posted by Me on Facebook on November 23, 2013 at 04:41PM:



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http://bit.ly/1c11uAe

Description:

Ever had a former boyfriend or girlfriend who simply cannot let go of your relationship?

Keller Williams 'strongly urges' agents to oppose realtor.com's AgentMatch | Inman News

Posted by Me on Facebook on November 23, 2013 at 01:39PM:



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http://bit.ly/1drxdxT

Description:

Real estate franchise giant Keller Williams Realty has issued a statement advising its agents to oppose realtor.com's new agent rating platform, AgentMatch, which uses sold data from multiple listing services and other statistics to rank agents by city, ZIP code and neighborhood. Realtor.com has bee...

Commercial Real Estate on Track for Moderate 2014 Growth

Posted by Me on Facebook on November 22, 2013 at 11:47PM:



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http://bit.ly/1aFgsM9

Description:

Commercial real estate (CRE) patterns are expected to continue on a steady but modest growth path, the National Association of Realtors (NAR) predicted Friday in its quarterly CRE forecast. Jobs are the key driver for commercial real estate, and the accum

Son of Mexican cartel leader arrested at US border

Posted by Me on Facebook on November 22, 2013 at 04:26PM:



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http://bit.ly/1dpgDyE

Description:

SAN DIEGO (AP) — The son of one of the world's most wanted drug lords was arrested at an Arizona border crossing to face drug trafficking charges in the United States, authorities said Friday.

Zillow adds transaction histories to agent profiles | Inman News

Posted by Me on Facebook on November 22, 2013 at 03:43PM:



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Source:

http://bit.ly/1e9qHbi

Description:

Zillow is now tying agents' transaction histories to their Zillow profiles, bringing the real estate industry another step closer to transparent agent productivity metrics.

Buyer Competition Undeterred by October's Government Shutdown

Posted by Me on Facebook on November 22, 2013 at 11:08AM:



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Source:

http://bit.ly/18Wf9o4

Description:

Despite a softening market, competition among buyers remained fairly fierce in October, Redfin reported in its Real-Time Bidding Wars release for the month. Last month, 55.9 percent of offers written by the brokerage’s agents faced competition from

Weak October Sales Have Home Builders Fretting About Spring

Posted by Me on Facebook on November 22, 2013 at 08:44AM:



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Source:

http://on.wsj.com/1aCjz7j

Description:

Weak sales tallies in October mean home builders face a winter full of worry.

3 things you should know about your Twitter followers | Inman News

Posted by Me on Facebook on November 22, 2013 at 03:05AM:



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Source:

http://bit.ly/1c8JwKr

Description:

Did you know Twitter has an analytics tool? Gather the insights you need to know about your Twitter followers to connect and engage a growing social media audience.

Senate Rule Change Could Ease Housing Regulator’s Confirmation

Posted by Me on Facebook on November 21, 2013 at 07:00PM:



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Source:

http://on.wsj.com/18UcgUF

Description:

Thursday’s Senate vote to eliminate the use of the filibuster to block certain presidential nominees paves the way for the Senate to confirm Rep. Mel Watt (D., N.C.) to head the agency that controls mortgage giants Fannie Mae and Freddie Mac.

October Purchase Loan Share Crosses 60% Line

Posted by Me on Facebook on November 21, 2013 at 04:17PM:



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http://bit.ly/1ayZaA5

Description:

According to Ellie Mae’s data, which draws from a sampling of the loan applications flowing through the company’s network, purchase loan share was 61 percent in October, the highest since the company began tracking in August 2011 and nearly do

Feds to end GM stock sale by year’s end

Posted by Me on Facebook on November 21, 2013 at 04:07PM:



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http://bit.ly/1c7er9Y

Description:

DETROIT — The U.S. government expects to sell the last of its stake in General Motors by the end of the year, bringing an end to a sad chapter in the 105-year-old auto giant’s history.

Lovely acquires RentMatic in quest to become full-service rental platform | Inman News

Posted by Me on Facebook on November 21, 2013 at 07:30AM:



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Source:

http://bit.ly/1awPJkA

Description:

Lovely, one of several firms that have cropped up recently to handle the software needs of small-time landlords and property managers and renters themselves, has acquired the rent payment processing firm RentMatic, taking another step in its quest to become an end-to-end rental marketplace.

U.S. Negative Equity Rate Falls at Fastest Pace Ever in Q3 | Zillow Real Estate Research

Posted by Me on Facebook on November 21, 2013 at 01:34AM:



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http://bit.ly/18RKkRb

Description:

According to the third quarter Zillow Negative Equity Report, the national negative equity rate fell at its fastest pace in the third quarter, dropping to 21% of all homeowners with a mortgage underwater from 31.4% at its peak in the first quarter of 2012. In the third quarter of 2013, more than 1.4...

CFPB Finalizes Rule on New Mortgage Disclosures

Posted by Me on Facebook on November 20, 2013 at 09:24PM:



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Source:

http://bit.ly/1c4iK5V

Description:

The Consumer Financial Protection Bureau issued on Wednesday a rule requiring lenders to use its new mortgage disclosure templates designed to streamline and simplify information for consumers. The forms will replace the standard disclosures given at the

Des Moines, Denver brokerages affiliate with Warren Buffett’s franchise brand | Inman News

Posted by Me on Facebook on November 20, 2013 at 06:07PM:



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http://bit.ly/18QOGIs

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Des Moines, Denver brokerages affiliate with Warren Buffett’s franchise brandshare this Nov 20, 2013 Prudential Real Estate of the Rockies is now operating in the Denver market as Berkshire Hathaway HomeServices Real Estate of the Rockies, and Iowa’s Prudential First Realty has also made the switch…

Forecast: Purchases to Outpace Refinances for First Time Since 2000

Posted by Me on Facebook on November 20, 2013 at 03:07PM:



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Source:

http://bit.ly/1bRzfUN

Description:

Next year will likely be the first year since 2000 that home purchases outpace refinances, according to Freddie Mac’s expectations. Furthermore, the rallying housing market should set the broader economy on a brightening path, according to Freddie M

Real-Estate News: U.K. Office Builders Turn to Flats

Posted by Me on Facebook on November 20, 2013 at 02:00PM:



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Source:

http://on.wsj.com/17NiYLT

Description:

Here is a look at real-estate news from Wednesday's WSJ, including the Property Report.

Which Facebook posts get you the most interaction, leads? | Inman News

Posted by Me on Facebook on November 20, 2013 at 06:04AM:



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http://bit.ly/1c1oTj8

Description:

Frankly, in my opinion (you knew you'd get it from me, right?), real estate agents should stick to statistical facts, not individual preferences, when it comes to posting frequency. And honestly, real estate agents think they overcontact people when, in fact, they grossly undercontact people. Postin...

JPMorgan, Feds Reach Record $13B Dollar Deal on RMBS Claims

Posted by Me on Facebook on November 19, 2013 at 08:19PM:



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Source:

http://bit.ly/18NUFO6

Description:

After weeks of speculation from market watchers and analysts, JPMorgan Chase announced it has finalized a $ 13 billion deal with the Justice Department to resolve claims from federal and state officials over residential mortgage-backed securities (RMBS) i

NAR urges delay of flood insurance rate increases | Inman News

Posted by Me on Facebook on November 19, 2013 at 06:03PM:



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http://bit.ly/1aqYXyW

Description:

NAR urges delay of flood insurance rate increasesshare this Nov 19, 2013 In congressional testimony today, the National Association of Realtors urged Congress to pass legislation that would delay the implementation of unexpectedly high rate increases precipitated by a flood insurance law passed last...

Photos: Best of the NFL’s Week 11

Posted by Me on Facebook on November 19, 2013 at 03:36PM:



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http://bit.ly/1bNYaIK

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The best photos and moments from around the National Football League during Week 11 action.

American Dream homes: What you'll pay in 10 cities

Posted by Me on Facebook on November 19, 2013 at 02:48PM:



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http://bit.ly/18N9Ln4

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How much does it cost to buy a four-bedroom, two-bath home in the U.S.? From $2 million-plus in Malibu to $64,000 in Cleveland, here are cities with the biggest extremes, according to Coldwell Banker's annual survey of 1,900 real estate markets.

New Network Launches to Connect Secondary Market Traders

Posted by Me on Facebook on November 19, 2013 at 01:58PM:



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http://bit.ly/18N1qj7

Description:

Secondary market professionals have a new way to connect with potential buyers and sellers: LendTrade, a recently launched community for trading professionals designed to cut out the middleman and save costs.

Vital Signs: How Long to Build An Apartment Building?

Posted by Me on Facebook on November 19, 2013 at 12:24PM:



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Source:

http://on.wsj.com/17IHn5j

Description:

The time to complete an apartment building depends on size and geographic location.

Don't miss Arianna Huffington's keynote at Connect NYC | Inman News

Posted by Me on Facebook on November 19, 2013 at 06:01AM:



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http://bit.ly/1fbBFAO

Description:

Arianna Huffington will be a keynote speaker at the Real Estate Connect conference Jan. 15-17, 2014, in New York City, delivering insights related to the event's theme, "Powered by Partnerships."

CFPB Targets Private Insurer Over Alleged Kickbacks

Posted by Me on Facebook on November 18, 2013 at 06:59PM:



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Source:

http://bit.ly/1bVYumX

Description:

Republic Mortgage Insurance Corporation faces a $100,000 fine and enhanced supervision by the Consumer Financial Protection Bureau for allegedly offering illegal kickbacks to lenders in return for business referrals, according to an announcement from CFPB

House of the Week: And the Winner Is…

Posted by Me on Facebook on November 18, 2013 at 05:42PM:



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Source:

http://on.wsj.com/18KfOJ3

Description:

Find out which home took top billing in the latest House of the Week poll.

The Realty Alliance planning national broker database? | Inman News

Posted by Me on Facebook on November 18, 2013 at 05:40PM:



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Source:

http://bit.ly/1anbpzz

Description:

The Realty Alliance reportedly intends to build a national broker database, with the aim of gaining leverage over MLSs and repackaging listing data for sale.

http://bit.ly/1bVoZsA

Posted by Me on Facebook on November 18, 2013 at 03:20PM:



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Source:

http://bit.ly/1bVoZsA

Description:

Check out 96 HILL RD, Honey Brook: New home to be built with spectacular farmland views! This is a Rotelle built custom home. Various options are available, choose your colors and your floor plan. Schedule your showing today! More Info: http://ow.ly/qVNQZ

Check out 96 HILL RD, Honey Brook: New home to be built with spectacular farmland views! This is a Rotelle built custom home. Various options are available, choose your colors and your floor plan. Schedule your showing today!

More Info: http://ow.ly/qVNQZ

Original can be found on … Read the rest

Meet Realty Mogul, where Investors can pool money online and buy shares of investment properties...

Posted by Me on Facebook on November 18, 2013 at 05:07AM:



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Source:

http://bit.ly/1bIjIq3

Description:

Realty Mogul is a marketplace for accredited investors to pool money online and buy shares of pre-vetted investment properties. Realty Mogul is crowdfunding for real estate. The company is one of 13 in the inaugural class of the Inman Incubator program, a yearlong mentorship, advisory and promotiona...

‘Qualified’ Loans, Redefined

Posted by Me on Facebook on November 16, 2013 at 05:16PM:

Buyers should qualify for a new purchase now. Federal "Qualified Mortgage" tighten in Jan.

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Source:

http://www.nytimes.com/2013/11/10/realestate/qualified-loans-redefined.html?smid=fb-share

Description:

Lenders will be required to meet new underwriting standards for “qualified mortgages” — those eligible for sale on the secondary market.

Worst-Hit Markets Continue to See Greatest Price Gains

Posted by Me on Facebook on November 16, 2013 at 03:44AM:



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Source:

http://bit.ly/1bBTuWn

Description:

Rising home sales and declining foreclosure sales have driven the highest quarterly price increase since the national housing market recovery began, according to the FNC Residential Price Index released Friday. Prices rose 2.5 percent over the quarter, ac

109 E 1ST AVE, Parkesburg, PA, 19365 | Well maintained and roomy rancher on outskirts of Parkesburg. This very affordable home could be yours! Found at http://ow.ly/qS9Gz

109 E 1ST AVE, Parkesburg, PA, 19365 | Well maintained and roomy rancher on outskirts of Parkesburg. This very affordable home could be yours!

Found at http://ow.ly/qS9Gz

Original can be found on the Timothy J. Alexander, Long & Foster Real Estate Facebook page.… Read the rest

Total Mortgage Services Introduces New Processing Platform

Posted by Me on Facebook on November 15, 2013 at 02:41PM:



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Source:

http://bit.ly/1eW3qgx

Description:

In Connecticut, Total Mortgage Services, LLC announced the launch of its end-to-end mortgage processing platform: Total Mortgage Processing.

Why California Homeowners Could Avoid Tax Forgiveness Hit

Posted by Me on Facebook on November 15, 2013 at 01:02PM:



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Source:

http://on.wsj.com/18APdxU

Description:

Troubled homeowners who get a break from their mortgage lenders could face a hefty tax bill next year if a key provision expires at the end of the year, though state laws could determine which borrowers will have to write a check to Uncle Sam.

Stagnant interest rates may keep Canadian home sales in check | Inman News

Posted by Me on Facebook on November 15, 2013 at 12:49PM:



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http://bit.ly/1eVCPQT

Description:

Stagnant interest rates may keep Canadian home sales in checkshare this Nov 15, 2013 Home sales in Canada fell in October compared to the month before and static mortgage interest rates may continue to keep sales in check, according to the Canadian Real Estate Association, the National Association o...

Do women who go into real estate get a raw deal? | Inman News

Posted by Me on Facebook on November 15, 2013 at 12:46AM:



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http://bit.ly/1eT48Lz

Description:

Do women who go into real estate get a raw deal?share this Nov 14, 2013 An analysis of data collected by the U.S. Bureau of Labor Statistics by Business Insider finds that real estate is one of the 15 professions with the biggest gender wage gaps — women who work full time as real estate brokers and...

January Guidelines to Alter RMBS Rating Criteria

Posted by Me on Facebook on November 14, 2013 at 06:48PM:



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Source:

http://bit.ly/18xP3HC

Description:

With the implementation date for the ability-to-repay and qualified mortgage (QM) guidelines creeping ever close, Fitch Ratings expects it will have to adapt its ratings process to work them in. One change Fitch anticipates after implementation of the new

Villa Maria students recognized as National Merit Scholars

Posted by Me on Facebook on November 14, 2013 at 01:11PM:



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Source:

http://bit.ly/1duA70B

Description:

In-depth coverage of Features/People news. Features/People articles, photos, videos and breaking news for Chester County and the US and more.

Carrington Property Services to Manage Expanding Rental Portfolio

Posted by Me on Facebook on November 14, 2013 at 12:25PM:



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http://bit.ly/1bH9t3A

Description:

Carrington Property Services announced it is taking over property management responsibilities on rental properties owned by capital management firm Gorelick Brothers Capital.

In Wake of Big Deals, Another Residential Portfolio Hits the Block

Posted by Me on Facebook on November 14, 2013 at 09:59AM:



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Source:

http://on.wsj.com/1dtPB53

Description:

Billionaire David Murdock has put his conglomerate Castle & Cooke Inc.’s 20,000-lot portfolio of residential land on the market to gauge the interest it attracts.

Spike Lee lists historic NYC mansion for $32 million | Inman News

Posted by Me on Facebook on November 14, 2013 at 08:40AM:



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http://bit.ly/1crJo8N

Description:

Spike Lee lists historic NYC mansion for $32 millionshare this Nov 14, 2013 Film director Spike Lee is attempting to offload a historic New York City property for $32 million, according to the New York Post.The 8,292-square-foot home boasts a long list of famous former tenants, including artist Jasp...

Zillow Days on Market | Zillow Real Estate Research

Posted by Me on Facebook on November 14, 2013 at 02:55AM:



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http://bit.ly/1cqDjth

Description:

Days on market, Zillow, fastest markets, slowest markets, home shopping, Days on Zillow, inventory, supply, demand, supply and demand

Freddie Mac Cuts Taxpayers' Exposure to Risk with Insurance Purchase

Posted by Me on Facebook on November 13, 2013 at 11:40PM:



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Source:

http://bit.ly/1drWaoJ

Description:

Freddie Mac announced Tuesday that it has obtained an insurance policy underwritten by Arch Reinsurance Ltd. that will cover up to $77.4 million of credit losses for a portion of the risk on a pool of single-family loans funded in Q3. This new insurance c

Move hit with cease-and-desist letter over 'AgentMatch' tool | Inman News

Posted by Me on Facebook on November 13, 2013 at 06:01PM:



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Source:

http://bit.ly/1bvpVFP

Description:

Realtor.com's new agent matching tool is not yet out of beta, but has nonetheless attracted the attention of at least one competitor, NeighborCity.com. American Home Realty Network Inc., which operates real estate listing portal and agent ratings website NeighborCity.com, has sent realtor.com operat...

360 Mortgage Launches New Pricing Model on All Available Products

Posted by Me on Facebook on November 13, 2013 at 05:27PM:



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Source:

http://bit.ly/1a5NCEn

Description:

In an effort to offer further support to the mortgage brokerage and correspondent lending communities, Texas-based 360 Mortgage Group announced the launch of a new aggressive pricing model on all currently offered mortgage products.

Real-Estate News: Storage Primps for Uptown Approval

Posted by Me on Facebook on November 13, 2013 at 01:56PM:



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Source:

http://on.wsj.com/1dqrFzu

Description:

Here is a look at real-estate news from Wednesday's WSJ, including the Property Report:

It’s Cookie Time

Posted by Me on Facebook on November 13, 2013 at 12:44PM:



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http://bit.ly/1bDN8DO

Description:

Nothing brings out memories of the holidays like cookies, with the great baking scents filling the house. 21st Century Media Philadelphia-area newspapers are holding a Holiday Cookie Challenge just in time for the cookie baking season.

Mortgage Applications Fall, October Plunge Revised Up

Posted by Me on Facebook on November 13, 2013 at 11:13AM:



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http://bit.ly/1cUThkf

Description:

Mortgage applications continued to dip last week as November got under way, the Mortgage Bankers Association (MBA) reported in its Weekly Mortgage Applications Survey. The survey’s Market Composite Index, a measure of loan application volume, fell 1

The real estate industry has never been better capitalized. It's time for an industry moon shot....

Posted by Me on Facebook on November 13, 2013 at 05:44AM:



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Source:

http://bit.ly/1btV4cA

Description:

Capital has returned to the industry and that is a good thing. The largest real estate company, Realogy Holdings Corp. ($6.16 billion market cap), has put a big dent in its debt and gone public with a fresh dose of capital (raised $1 billion with its IPO). Re/Max has capital to invest after raising…

Report Examines Risks of Undisclosed Borrower Debt

Posted by Me on Facebook on November 12, 2013 at 07:58PM:



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Source:

http://bit.ly/1bBFjyB

Description:

In a recently released white paper, Equifax delves into undisclosed debt and offers recommendations for how to deal with a potentially difficult hazard. Nearly one-fifth of borrowers apply for at least one new line of credit during the period between thei

RESAAS ‘mockumentary’ aimed at coaxing old-school agents into the modern age | Inman News

Posted by Me on Facebook on November 12, 2013 at 05:41PM:



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Source:

http://bit.ly/1dnbeUK

Description:

A "mockumentary" produced by RESAAS Services Inc. aims to coax old-school agents into adopting the latest technology and social media tools. The subtle humor of the four-minute short, "A Natural History of Real Estate," is backed up by presence of some real estate tech heavyweights who agreed to len...

D.R. Horton: If Spring Sales Lag, Big Discounts on Tap

Posted by Me on Facebook on November 12, 2013 at 05:05PM:



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Source:

http://on.wsj.com/1dn3CS6

Description:

If you’re in the market for a newly built home and you gamble on waiting until early next year, you might benefit from aggressive discounts offered by the biggest home builders.

Safeguard Fights Complaint Alleging Wrongful Evictions

Posted by Me on Facebook on November 12, 2013 at 01:44PM:



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Source:

http://bit.ly/1bArDE8

Description:

In their motion to dismiss a suit brought by Illinois Attorney General Lisa Madigan, Safeguard’s attorneys argue that Madigan’s complaint is based on four alleged instances in 2008 (out of the company’s estimated 90,000 inspections condu

Al-Shabab says suicide team mounted mall attack

Posted by Me on Facebook on November 12, 2013 at 12:30PM:



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Source:

http://bit.ly/1brX7xV

Description:

NAIROBI, Kenya (AP) — The Islamic extremist group that carried out the assault on Nairobi's Westgate Mall says the attackers were part of the group's suicide squad.

Three Factors That Could Shape the Fate of Housing Overhaul

Posted by Me on Facebook on November 12, 2013 at 06:48AM:



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Source:

http://on.wsj.com/1byGVJl

Description:

Most political and industry analysts agree that there aren’t great odds that Congress will pass a bill addressing the future of Fannie Mae and Freddie Mac before 2014, let alone 2016. But several developments unfolding right now could make the next five or six months among the more consequential per...

Nestio lets property managers publish their listings, distribute them to brokers | Inman News

Posted by Me on Facebook on November 12, 2013 at 05:22AM:



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Source:

http://bit.ly/1bynHDJ

Description:

Nestio lets property managers publish their listings, distribute them to brokers

Malibu Ranked Most Expensive Market, Cleveland Most Affordable

Posted by Me on Facebook on November 11, 2013 at 06:44PM:



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Source:

http://bit.ly/1i2R85L

Description:

A comparison of four-bedroom, two-bathroom homes in more than 1,900 markets shows Malibu is the most expensive city in the country. According to Coldwell Banker Real Estate, a sample home in the beachside city lists for $2.15 million. On the other hand, a

Banks paring down commercial REO inventories | Inman News

Posted by Me on Facebook on November 11, 2013 at 03:24PM:



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Source:

http://bit.ly/1cgh219

Description:

Banks paring down commercial REO inventoriesshare this Nov 11, 2013 Increased demand for commercial real estate has helped several Michigan banks trim “other real-estate owned” (OREO) inventories on their third quarter balance sheets, MiBiz reports.“As banks continue selling off foreclosed and repos...

Fidelity Financial Announces Executive Transitions

Posted by Me on Facebook on November 11, 2013 at 12:31PM:



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Source:

http://bit.ly/1boIqf7

Description:

In Florida, Fidelity National Financial, Inc. (FNF), a leading provider of title insurance and mortgage and diversified services, announced that company president Raymond R. Quirk will be taking over as CEO effective December 7.

Original can be found on the Timothy J. Alexander, Long & Foster Real Estate Facebook page.… Read the rest

Typhoon-hit victims in Philippines plead for aid

Posted by Me on Facebook on November 11, 2013 at 12:04PM:



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Source:

http://bit.ly/19WO0Vx

Description:

TACLOBAN, Philippines (AP) — Typhoon-ravaged Philippine islands faced an unimaginably huge relief effort that had barely begun Monday, as bloated bodies lay uncollected and uncounted in the streets and survivors pleaded for food, water and medicine.

Happy Veteran’s Day

Happy Veteran’s Day

Original can be found on the Timothy J. Alexander, Long & Foster Real Estate Facebook page.… Read the rest

If NAR could send flyers to former clients on your behalf, would you want it to? | Inman News

Posted by Me on Facebook on November 10, 2013 at 11:33AM:



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Source:

http://bit.ly/1ddqzaq

Description:

If NAR could send flyers to former clients on your behalf, would you want it to?

The Coatesville pension question

Posted by Me on Facebook on November 10, 2013 at 11:26AM:



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Source:

http://bit.ly/1ddphMC

Description:

The news that former Coatesville Area School District Superintendent Richard Como had applied to the state’s Public School Employee’s Retirement System to begin collecting his retirement pension does not come to us as a complete surprise. Still, it leave

MLSs at 'cliff's edge' over 'pocket' listings | Inman News

Posted by Me on Facebook on November 09, 2013 at 04:30PM:



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Source:

http://bit.ly/1daA5uM

Description:

SAN FRANCISCO -- Real estate industry leaders have worried about being cut out of real estate deals since the dawn of the Internet nearly 20 years ago.

Taylor Momsen makes switch from actress to hard rock singer in the Pretty Reckless

Posted by Me on Facebook on November 09, 2013 at 11:08AM:



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Source:

http://bit.ly/1bgQpe9

Description:

Do you remember the little blonde girl who played the role of Cindy Lou Who back in 2000 in Ron Howard’s movie “How the Grinch Stole Christmas”?

NAR may close door on dues waivers for thousands of aging members | Inman News

Posted by Me on Facebook on November 09, 2013 at 03:07AM:



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Source:

http://bit.ly/1d83Nk1

Description:

It's no secret that the National Association of Realtors' membership base is getting older. The median age of a Realtor is 57, according to NAR's most recent member survey, up from 52 in 2008. What's not so well-known, perhaps -- except for those nearing the milestone -- is that once you've been a N...

NAR Sees Home Prices Rising in 2014, Rates Jumping to 5.4%

Posted by Me on Facebook on November 08, 2013 at 08:48PM:



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Source:

http://on.wsj.com/1d6UTDs

Description:

As chief economist of the National Association of Realtors, the housing industry’s biggest cheerleader, Lawrence Yun often has an optimistic outlook. On Friday, he embraced a bit of caution.

Former Dodgers CEO Pays $11.25 Million for Napa Vineyard Estate

Posted by Me on Facebook on November 08, 2013 at 05:49PM:



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Source:

http://on.wsj.com/1bjJsXZ

Description:

Jack JourneyJamie McCourt, an investor and former CEO and co-owner of the Los Angeles Dodgers, has purchased this vineyard estate in Napa County, Calif.Jamie McCourt, an investor and former CEO and co-owner of the Los Angeles Dodgers, has purchased a vineyard estate in Napa County, Calif., vineyard…

October Survey Illustrates Americans' Opinion of Federal Shutdown

Posted by Me on Facebook on November 08, 2013 at 03:00PM:



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Source:

http://bit.ly/19LwFyI

Description:

Pessimism over housing grew in October as a result of the government shutdown, according to Fannie Mae’s October 2013 National Housing Survey. Housing market sentiment has clearly suffered in the wake of the recent government shutdown and debt ceili

DeMarco: People Are Forgetting Why Fannie, Freddie Failed

Posted by Me on Facebook on November 08, 2013 at 02:56PM:



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Source:

http://on.wsj.com/1d5tzW8

Description:

Edward DeMarco, the acting director of the Federal Housing Finance Agency, says that until Congress decides on the future of the housing-finance market, he will continue to press ahead with reorganizing and “winding up the affairs” of the companies.

‘The Voice’: 12 singers make it through

Posted by Me on Facebook on November 08, 2013 at 10:43AM:



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Source:

http://bit.ly/1bdvM2y

Description:

Team Blake: Cole Vosbury and Austin Jenckes get the votes. Blake saves Ray Boudreaux. Shelbie Z. and Nic Hawk are out.

RealtyTrac Hires E-Commerce Expert as SVP

Posted by Me on Facebook on November 08, 2013 at 08:46AM:



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Source:

http://bit.ly/1bd98Hz

Description:

RealtyTrac, a California-based information provider for the housing industry, announced the appointment of e-commerce specialist David Towers as SVP of revenue generation and operations.

Realtor.com unleashes SocialBios | Inman News

Posted by Me on Facebook on November 08, 2013 at 08:30AM:



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Source:

http://bit.ly/1d3svlE

Description:

Realtor.com is unleashing its social profile tool SocialBios after two years in beta with updates including integrated reviews from LinkedIn and RealSatisfied, an image-enhanced profile framework and insight into social media profiles for agents of those who visit their profiles.

Mortgage Delinquencies Hit Five-Year Low

Posted by Me on Facebook on November 08, 2013 at 07:03AM:



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Source:

http://on.wsj.com/1d31M8Q

Description:

The share of homeowners behind on mortgage payments or facing foreclosure fell to a five-year low in the third quarter, according to a survey released Thursday.

CFPB Makes Plans to Act on Debt Collection Practices

Posted by Me on Facebook on November 08, 2013 at 02:17AM:



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Source:

http://bit.ly/19JnnmS

Description:

The Consumer Financial Protection Bureau (CFPB) issued Wednesday an Advance Notice of Proposed Rulemaking on guidelines related to the debt collection industry. For decades, many consumers have reported various unacceptable practices in the debt collectio

Equifax, Fitch sound alarm on looming home equity credit line resets | Inman News

Posted by Me on Facebook on November 07, 2013 at 06:26PM:



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Source:

http://bit.ly/1cZV6YZ

Description:

Equifax, Fitch sound alarm on looming home equity credit line resetsshare this Nov 7, 2013 Resets on home equity credit lines opened up during the housing boom represent a looming “wave of disaster,” because many borrowers will be unable to handle the higher payments or refinance their debt, forcing...

Fitch Assigns Master, Special Servicer Ratings to Freddie Mac

Posted by Me on Facebook on November 07, 2013 at 01:37PM:



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Source:

http://bit.ly/1bajvfe

Description:

Freddie Mac announced its multifamily division has received an initial commercial mortgage-backed securities (CMBS) master servicer rating of CMS2 from Fitch Ratings—the highest initial rating ever assigned by Fitch for a master servicer.

Why aren't Gen Xers flocking to real estate? | Inman News

Posted by Me on Facebook on November 07, 2013 at 05:34AM:



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Source:

http://bit.ly/1cVK9b4

Description:

In the last 15 years, the number of Realtors in their 40s has dropped by a third. So it's no surprise that “recruiting younger talent” is the No. 1 business concern expressed by top real estate executives in the latest Imprev Thought Leader Survey for the second year in a row. In digging deeper, wha...

Homeownership Rate Report Spurs Mixed Reactions

Posted by Me on Facebook on November 06, 2013 at 06:50PM:



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Source:

http://bit.ly/19EzzVW

Description:

The national homeownership rate stands at 65.3 percent as of the end of the third quarter, up 0.3 percentage points from the previous quarter, but down 0.2 percentage points from last year, according to the Census Bureau. While the quarterly rise has some

Manhattan Townhouse Sells for $26 Million to Prominent Chinese Buyer

Posted by Me on Facebook on November 06, 2013 at 06:25PM:



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Source:

http://on.wsj.com/19Evu45

Description:

A restored 19th century townhouse in New York has sold for $26 million to Zhang Xin, CEO of Beijing-based development company SOHO China.

Home Prices Rise in Most U.S. Metro Areas

Posted by Me on Facebook on November 06, 2013 at 04:53PM:



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Source:

http://on.wsj.com/1cTbk65

Description:

Median home prices rose in most U.S. metropolitan areas in the third quarter, and several breakout markets had double digit increases.

Realtors’ backing of Scottsdale bond measures may have contributed to their defeat | Inman News

Posted by Me on Facebook on November 06, 2013 at 03:27PM:



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Source:

http://bit.ly/1cSQ5l9

Description:

Realtors’ backing of Scottsdale bond measures may have contributed to their defeatshare this Nov 6, 2013 Voters in Scottsdale, Ariz. Tuesday rejected four Realtor-backed bond measures totaling $212 million that would have paid for 39 city projects including parks, libraries and community facilities,...

Buyers Face Low Inventory Despite High Vacancy Rates

Posted by Me on Facebook on November 06, 2013 at 03:25PM:



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Source:

http://on.wsj.com/1barmY9

Description:

Homes for sale may be hard to find, but the rate of vacant homes is about as high now as it was a year ago, according to a post from Trulia, a real-estate listings site.

Real-Estate News: Canadian Investor Bets on a Montreal Revival

Posted by Me on Facebook on November 06, 2013 at 01:54PM:



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Source:

http://on.wsj.com/17bUIYW

Description:

The owners combined two penthouse units in Denver to create a posh full-floor apartment with urban flair.

Freddie Mac Prices Transaction to Share Credit Risk with Private Investors

Posted by Me on Facebook on November 06, 2013 at 12:37PM:



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Source:

http://bit.ly/1b9MNIZ

Description:

Freddie Mac announced Tuesday it has priced a $630 million offering of Structured Agency Credit Risk (STACR) debt notes, marking the second STACR offering in which private sources—not taxpayers—took on the credit risk. STACR is part of Freddie

http://on.wsj.com/19D0aCW

Posted by Me on Facebook on November 06, 2013 at 11:06AM:



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Source:

http://on.wsj.com/19D0aCW

Description:

Confirmed: Homes in Malibu Are Very Expensive

Posted by Me on Facebook on November 06, 2013 at 07:30AM:



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Source:

http://on.wsj.com/1cQMl3p

Description:

The nation’s most expensive real-estate market in 2013 was Malibu, Calif., with an average listing of $2.15 million, according to a Coldwell Banker ranking of the nation’s priciest markets.

Pop quiz: How many brokerages are now affiliated with Warren Buffett's new franchise brand? |...

Posted by Me on Facebook on November 06, 2013 at 03:06AM:



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Source:

http://bit.ly/1b4rquz

Description:

Warren Buffet's new real estate brand, Berkshire Hathaway HomeServices, announced 13 additional Prudential-affiliated firms have signed on to convert to the brand, joining the 26 already committed.

Fannie, Freddie Directed to Restrict Force-Placed Insurance Practices

Posted by Me on Facebook on November 06, 2013 at 12:03AM:



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Source:

http://bit.ly/179pSQK

Description:

Citing concerns about the costs of force-placed insurance for the GSEs and consumers alike, the Federal Housing Finance Agency (FHFA) on Tuesday directed Fannie Mae and Freddie Mac to prohibit servicers from taking reimbursements from insurers providing f

Loan Officer Survey Shows 'Moderate' Easing in Credit Standards

Posted by Me on Facebook on November 05, 2013 at 05:48PM:



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Source:

http://bit.ly/19A6Cut

Description:

On net, a moderate fraction of banks polled in the Fed’s Senior Loan Officer Survey reported easing standards on prime residential mortgages from August to October, with a net 8.8 percent saying credit standards have eased somewhat. Among large bank

Initial Renderings Reveal Design for Condo Tower on ‘Billionaires’ Row’

Posted by Me on Facebook on November 05, 2013 at 02:48PM:



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Source:

http://on.wsj.com/1b2N16l

Description:

For years, luxury builder Extell Development Co. has been planning a soaring tower on 57th Street and Broadway in Manhattan. Now we get to see what it looks like.

House of the Week: And the Winner Is…

Posted by Me on Facebook on November 05, 2013 at 01:15PM:



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Source:

http://on.wsj.com/1b4Umkd

Description:

Find out which home took top billing in the latest House of the Week poll.

Distressed Home Sales: Rising or Falling? It Depends on the Source

Posted by Me on Facebook on November 05, 2013 at 11:42AM:



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Source:

http://on.wsj.com/1b2fbP4

Description:

A report from data firm RealtyTrac released last month showed that sales of distressed homes increased in September compared with one year ago. One problem: the RealtyTrac conclusion is contradicted by many other sources.

Home Prices Up 12% in September, Greater Increases Ahead

Posted by Me on Facebook on November 05, 2013 at 11:33AM:



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Source:

http://bit.ly/1cMJuIL

Description:

With recent predictions forecasting a falloff in home price increases over the next year, gains nevertheless continued at a strong pace in September, CoreLogic reported Tuesday in its monthly Home Price Index (HPI) report. The company recorded a 12 percen

New Zillow program could make lead-management simpler for many agents | Inman News

Posted by Me on Facebook on November 05, 2013 at 09:39AM:



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Source:

http://bit.ly/1b1P5M9

Description:

Zillow is now accepting applications from customer relationship management (CRM) software providers to integrate their platforms with Zillow.

This Virginia county is a reliable bellwether for national politics

Posted by Me on Facebook on November 05, 2013 at 09:34AM:



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Source:

http://bit.ly/1cMadVZ

Description:

In the new Virginia, in parts of Prince William County where people have arrived from neighboring Fairfax County and New Jersey and India and El Salvador, all to find yards for the kids and houses they could afford, there’s a nightly ritual this time of

Homes Moving Off of the Market in Connecticut

Posted by Me on Facebook on November 04, 2013 at 11:02PM:



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Source:

http://bit.ly/19wxThm

Description:

Connecticut single-family homes sales increased again in September, while prices rose for the 12th consecutive month, according to the latest report by The Warren Group. [IMAGE] This was the best September in terms of single-family sales volume since 20

How agents are helping buyers purchase properties sight unseen | Inman News

Posted by Me on Facebook on November 04, 2013 at 05:23PM:



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Source:

http://bit.ly/1cIQ2bi

Description:

video, technology, gadgets, neighborhood videos, foreign buyers, google maps, demographics, cloud, in person

Analysts: Fannie Mae LTV Threshold Will Reduce Options, Not Risk

Posted by Me on Facebook on November 04, 2013 at 04:47PM:



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Source:

http://bit.ly/1cIHYHE

Description:

With Fannie Mae enacting tighter requirements on eligibility for loan purchases, experts at the Urban Institute’s Housing Finance Policy Center are speaking out against the move. In a blog post on the Urban Institute’s Metro Trends Blog site,

Sorry kids, we haven’t saved for college

Posted by Me on Facebook on November 04, 2013 at 09:19AM:



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Source:

http://bit.ly/1aZ01Ih

Description:

My wife and I are extremely practical and have been saving for our kids’ college since the day each of them was born. Knowing they will never have to borrow a dime to pay for school gives us great peace of mind.

Landlords: If you fix that building up, will the IRS will give you a break? | Inman News

Posted by Me on Facebook on November 04, 2013 at 05:12AM:



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Source:

http://bit.ly/1aX5CRp

Description:

The IRS says the cost of a change to residential real property or commercial property must be must be depreciated over several years if it constitutes an improvement to the unit of property. The “unit of property” is the building as a whole and up to eight separate building systems.

DocMagic turns Tesla Model S into e-signature platform | Inman News

Posted by Me on Facebook on November 02, 2013 at 08:03PM:



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Source:

http://bit.ly/1e4UepB

Description:

DocMagic turns Tesla Model S into e-signature platformshare this Nov 1, 2013 The day that Tesla CEO Elon Musk and thousands of Tesla Model S owners have been dreaming of has finally arrived: Now you can e-sign an IRS form 4506-T using the ultra-hip electric car’s 17-inch touchscreen. While it’s movi...

Flu shot: Yes or no?

Posted by Me on Facebook on November 02, 2013 at 09:46AM:



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Source:

http://bit.ly/1cyi8pC

Description:

Gregg Schlaman swears by his annual flu shot. For the past 20 years, Schlaman, a 51-year-old aerospace engineering specialist, has received the influenza vaccine in the comfort of his Palo Alto office, where a nurse administers it between coffee and mee

Double-Digit Annual Price Gains Expected to End in 2014

Posted by Me on Facebook on November 01, 2013 at 08:40PM:



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Source:

http://bit.ly/1dzKKA9

Description:

National home prices are up 10.1 percent year-over-year in the second quarter, but price appreciation is expected to fall out of the double-digits, reaching 5.4 percent by the beginning of next year, according to the CoreLogic Case-Shiller Home Price Inde

Home Builders Have Marginal Concern for 2014

Posted by Me on Facebook on November 01, 2013 at 02:27PM:



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Source:

http://on.wsj.com/1dZ5Quv

Description:

As if there isn’t enough to fret about in the new-home market, home builders have provided investors with another concern: the potential for declining profit margins.

Re-defaults among assisted borrowers rising at ‘alarming rate’ | Inman News

Posted by Me on Facebook on November 01, 2013 at 10:28AM:



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Source:

http://bit.ly/1dY3NGX

Description:

Re-defaults among assisted borrowers rising at ‘alarming rate’share this Nov 1, 2013 More than one in four homeowners who have received permanent mortgage modifications under the Home Affordable Modification Program (HAMP), the government’s flagship-mortgage relief program, have re-defaulted, accord...

NSA leader ready to curb spying, but warns of ‘catastrophic attacks’ in doing so

Posted by Me on Facebook on November 01, 2013 at 09:26AM:



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Source:

http://bit.ly/1cu6pbA

Description:

The head of the National Security Agency is preparing to deal with new constraints on spying methods at home and abroad while warning they may make the nation more vulnerable to terrorist attacks.