CoreLogic: Home prices rose an amazing 6.5% annually in June

CoreLogic: Home prices rose an amazing 6.5% annually in June

This marks 40 straight months of increases

Zillow Group beats 2Q estimates, revenue climbs 20%

Beat company's own expectations

Here are the 20 hottest housing markets right now

realtor.com reveals where demand and prices are sizzling
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The Ticker

Auction.com hosts largest online real estate sale in history

The $96M sale is the largest e-commerce transaction, period
Auction.com just announced the largest transaction in its 8-year history and largest online real estate transaction ever: The $96.075 million sale of Manhattan Towers, a two-building, 309,734-square-foot office property in Manhattan Beach, Calif., a premier coastal community within Los Angeles.
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The $96M house-flipping Ponzi scheme?

When you're in a hole, stop digging
A co-owner of a real estate firm based in Irvine and Long Beach set up a Ponzi scheme to pay off old investors while continuing to recruit new ones for a plan to flip distressed apartment buildings.
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NYC mayor reveals new affordable housing plan

Contains strongest requirements in the nation
New York City Mayor Bill de Blasio has officially unveiled his new home-affordability plan after first mentioning it during his 2013 mayoral campaign. Is this a game changer for one of America’s most unaffordable cities?
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$2 billion Ginnie Mae bulk MSR portfolio hits market

Loans carry weighted original loan-to-value ratio of 94%
Mortgage servicers seeking to get their hands on some Ginnie Mae servicing now have that opportunity, thanks to a nearly $2 billion mortgage servicing rights portfolio that’s now available for sale. Here are all the pertinent details.
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Ellie Mae revenue surges 65%

Beats earnings estimates
Ellie Mae marked another strong quarter on its books, with its second-quarter revenue surging to $65.9 million, up 65% from $40 million for the same period a year ago.
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