News

Articles in "Real Estate"

June 19, 2012 07:45 AM
Housing starts decline in May, up over last year

Single-family housing starts in May rose 28.5% over last year, with 708,000 starts recorded in the month compared to 551,000 units a year earlier, the government said Tuesday.

The U.S. Census Bureau and the Department of Housing and Urban Development...

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June 18, 2012 09:23 AM
Builder confidence edges up in June

Homebuilders grew more confident in June with buyers taking advantage of low interest rates and affordable prices, the National Association of Home Builders said Monday.

The index component measuring current sales conditions grew two points to a...

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June 14, 2012 06:42 PM
Spring selling season blooms for California: DataQuick

California home sales in May rose 9.3% from April and 17.6% from May 2011 — the highest sales for any May since 54,099 homes sold in May 2006 near the height of the housing bubble, according to DataQuick.

An estimated 41,790 new and resale houses and condos sold statewide...

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June 14, 2012 10:17 AM
CoreLogic: Shadow inventory shrinks

The number of properties pending foreclosure or REO, but not yet on the market to sell, is down year-over-year in April. The shadow inventory supply now stands at 1.5 million units, representing a four-month supply, according to CoreLogic...

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June 14, 2012 10:00 AM
Harvard report discerns nascent housing revival

The housing revival is under way, but will need sustained job growth to continue concludes "The State of the Nation's Housing" report from Harvard's Joint Center for Housing Studies.

"What the housing sector needs is a sustained increase in jobs to bring household growth back to its long-...

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June 13, 2012 02:06 PM
REO Expo panel pushes social media strategy

If you doubted the social media prowess of the four people sitting on the "How to Become a New Media Guru: Social Media and Real Estate Sales" panel at REO Expo, then you didn't notice them Tweeting, picture snapping and Facebooking — even when they were on stage.

The four panelists, Cade...

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June 13, 2012 02:32 PM
REO brokers gain edge by catering to foreign investors

REO brokers who want to gain an edge with asset managers and banks are being encouraged to form "international shops" designed to better work with foreign investors.

"We're starting to see a lot of money from offshore," said John Yen Wong, the founding member of the Asian Real...

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June 13, 2012 01:47 PM
REO brokers gain edge by catering to foreign investors

REO brokers who want to gain an edge with asset managers and banks are being encouraged to form "international shops" designed to better work with foreign investors.

"We're starting to see a lot of money from offshore," said John Yen Wong, the founding member of the Asian Real...

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June 12, 2012 02:22 PM
CoreLogic chairman to retire, dispute with big shareholder ends

Real estate analytics firm CoreLogic ($23.68 -0.09%) and its largest independent shareholder, Highfields Capital...

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June 12, 2012 12:11 PM
Minneapolis home sales, prices in May surge over year-ago levels

Minneapolis-St. Paul is defying negative real estate trends plaguing other metros as homebuyers in the area, fueled by a diversified economy and affordable prices, jump back into the market.

In May, the Twin Cities saw 5,130 buyers sign purchase agreements, up 27.3% from May of last year...

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June 11, 2012 10:15 AM
CoreLogic: Negative equity props up home prices in toughest markets

The negative equity problem may actually be pushing up home prices at the bottom of some of the hardest-hit housing markets, according to a report from CoreLogic ($23.68...

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June 11, 2012 10:09 AM
CoreLogic: Negative equity props up home prices in toughest markets

The negative equity problem may actually be pushing up home prices at the bottom of some of the hardest-hit housing markets, according to a report from CoreLogic ($23.68...

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June 8, 2012 04:46 PM
Realogy parent company plans $1 billion IPO

Realogy Corp.'s parent company, Domus Holdings, which operates Century 21 and Coldwell Banker, filed to raise as much as $1 billion in an initial public offering in order to shed its heavy debt.

Preliminary documents...

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June 8, 2012 05:00 PM
Licensed appraisers in Mass. shrink 39% since 2007

Real estate appraisers in Massachusetts are wrestling with many lenders who prohibit the use of trainees, cutting down on the number of bodies they can put in the field, according to the Massachusetts Board of Real Estate Appraisers.

The issue with trainees is...

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June 8, 2012 04:55 PM
Licensed appraisers in Mass. shrink 39% since 2007

Real estate appraisers in Massachusetts are wrestling with many lenders who prohibit the use of trainees, cutting down on the number of bodies they can put in the field, according to the Massachusetts Board of Real Estate Appraisers.

The issue with trainees is...

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