Wilbur Ross quits Ocwen Financial

Wilbur Ross quits Ocwen Financial

Distressed asset investor bringing his magic to Bank of Cyprus

Dustin Johnson levels blockbuster claims at title attorneys

Is Nat Hardwick the fall guy?

CFPB proposes 7 big changes to foreclosure process for mortgage servicers

Adds guidance on extended borrower protections
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Items Tagged with 'Zillow'

ARTICLES

Realtors don't deserve 3% commission?

HousingWire article sparks debate
Trey Garrison
The question generated from HousingWire's comment boards: Should Realtors and other real estate agents be just paid hourly, or should we stick with the 3% commission? The answer: Come on.
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Housing sales inventory continues to grow in October

Lower-priced home inventory lags; high-end homes picking up
Trey Garrison
The number of homes for sale continued to increase across the U.S. in October, a good sign for buyers, but mainly for those on the higher end, according to the latest data from Zillow Real Estate Markets report for October.
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Zillow: Mortgage rates fall further below 4%

Continues at sub-4% level for seventh week in a row
Ben Lane
Current rate borrowers were quoted an average interest rate of 3.82% on Zillow’s Mortgage Marketplace in the week that ended Tuesday, down from last week’s figure of 3.9%.
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RealScout raises $6 million for superior real estate searches

Hopes to take market share from Zillow, Trulia
Jacob Gaffney
Most big real estate web portals are consumer-friendly, but are they service-oriented? One startup out of San Francisco says not enough so, and they think they have the solution for those who are more into the latter business model when it comes to buying a home.
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News Corp CEO vows to turbocharge Realtor.com

Promise to make website "most popular and profitable property site"
Ben Lane
News Corp is now the owner of Move, which operates Realtor.com for the National Association of Realtors, as the companies completed the previously announced acquisition. “In partnership with the National Association of Realtors and its one million members, we look forward to turbo-charging realtor.com and making it the most popular and profitable property site in America,” said Robert Thomson, chief executive of News Corp.
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Zillow: Mortgage rates below 4% for sixth consecutive week

Expects rates to remain at current level
Ben Lane
Current rate borrowers were quoted an average interest rate of 3.9% on Zillow’s Mortgage Marketplace in the week that ended Tuesday, which equaled the previous week’s figure of 3.9%.
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3 charts sum up where millennials stand on housing

And it’s not on the sidelines
Brena Swanson
Right now, millennials are the housing market. Whether they are supposedly delaying it or the thriving force behind multifamily housing, they are all over housing headlines. However, the problem is that it may not be true.
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FTC delays Zillow’s acquisition of Trulia

Parties agree not to complete deal until Feb. 1, 2015
Ben Lane
Zillow has agreed to delay its acquisition of Trulia until at least Feb. 1, 2015, due to continued requests for information from the Federal Trade Commission.
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Rising rents correlate with less home improvement spending

Renters get the short end of the stick coming and going
Trey Garrison
A study by BuildZoom shows that in San Francisco, zip codes in which rents increased more steeply have actually tended to see remodeling and home improvement activity increase less than elsewhere, and in some cases even decline.
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Zillow: Housing won’t normalize for at least 3 years

“The only real cure-all is time”
Brena Swanson
“We’ve reached a point in the recovery where the only real cure-all is time,” said Zillow Chief Economist Stan Humphries. “The market remains very challenging for younger, first-time homebuyers who face an uphill battle saving for a down payment, qualifying for a mortgage and finding an affordable home to buy.”
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