| Wednesday, August 20, 2008 |
HUD won't withdraw proposed RESPA rule changes
The Department of Housing and Urban Development says it's willing to modify, but not withdraw, a proposal to overhaul loan disclosure forms and revamp ...Can Web save the 6% commission?
In its September 2008 issue, alongside its reviews of tub cleaners and organic produce, Consumer Reports turns its critical eye on the real estate ... Estately.com adds 3 California market areas
Real estate search and agent referral company Estately on Thursday announced an expansion into three new markets, all in California: Los Angeles, Orange ... RE/MAX system surpasses 5 million leads
Real estate franchise company RE/MAX International reported that the company's online lead management system, called LeadStreet, has passed along over ... Zillow report: 45% of '06 buyers underwater
Real estate technology company Zillow released a market report this month revealing that 29.1 percent of homeowners who purchased in the past five ... Investors fear Fannie, Freddie bailout
Investors continued to dump shares of Fannie Mae and Freddie Mac this week amid growing fears that the government will be forced to bail the companies ... Appraisers can take online orders
Appraisers can now take orders from loan originators online and retrieve property data at the same time using mortgage software and services provider ... Ease in rates fails to spur home loan apps
Interest rates eased but a drop in refinancing activity pushed mortgage applications down a seasonally adjusted 1.5 percent during the week ending ...
Real estate company makes the news
In the fall of 2006 -- when housing sales had cooled, but before "credit crunch" became a household term -- Alex Perriello had some advice ...Zillow, MyNewPlace climb Web rankings
Real estate site Zillow.com climbed from sixth place in June to third place in July and apartment search site MyNewPlace.com rose from 19th place ... AP: Monitoring of appraisers ineffective
A nationwide system set up to monitor appraisers in the wake of the savings and loan crisis did little to prevent appraisers, real estate agents ... Traditional vs. discount: 'You get what you pay for'
Editor's note: The following is a collection of reader's comments found on Inman.com: 'You get what you pay for' Help-U-Sell franchiser files ... Census: Single-family housing starts fall 39%
Housing starts hit lowest level since January 1991 Single-family housing starts in July slipped to the lowest rate since January 1991, the U.S. ... Canadian home sales, prices fall in July
Editor's note: The following is a roundup of international real estate news items. Canada's real estate market cools A report this week from ...
TurnHere partners with WellcomeMat
Online video companies expand real estate offerings TurnHere Inc., an online video solutions platform, today announced a partnership to become ...Stepping into the nest at Roost
Editor's note: This "Factory Tour" segment offers a look inside the workplace of Roost, a real estate technology company that offers a ... Sales rise, prices tumble in Southern California
Foreclosure resales are a 'dominant factor' in Southern California market Southern California sales hit the highest level in over a year, real estate ... Buyers flock to FHA, government-backed loans
Borrowers are flocking to government-insured loans, particularly those offered by the Federal Housing Administration, as they seek to refinance out ... First American: Inflation hurts home prices
Year-over-year declines in national home prices have stabilized in the 10 to 11 percent range, but price declines are accelerating when inflation ...
Realogy: Market 'difficult to predict'
Real estate brokerage and franchise company Realogy has consolidated about 70 company-owned offices this year and most of its consolidations have ...Help-U-Sell franchiser files for bankruptcy
The Help-U-Sell Real Estate franchise company entered Chapter 11 bankruptcy proceedings after a group of regional operators filed an involuntary ... Poll: Feds likely to aid Fannie, Freddie
WSJ: Economists expect Fannie, Freddie to require bailout Economists polled by the Wall Street Journal see a 59 percent chance that the government ... 'Jumbo conforming' rates could come down
Changes in the rules for selling jumbo mortgages to secondary market investors could mean lower interest rates for home buyers seeking loans that ... P3 offers neighborhood videos to brokers
Real estate brokerages in the Chicago area are flocking to a service that puts their branding on a widescreen video player that streams slick shorts ... | Thursday, August 14, 2008 |
ZipRealty co-founder leads statewide MLS effort
Scott Kucirek, a former executive for a major Prudential brokerage company and for ZipRealty, a high-tech, publicly traded brokerage company, has ...NAR: Home prices fall further in Q2
NAR reports price declines in 77% of tracked metros The median price of resale homes in 115 of 150 U.S. metro areas tracked by the National Association ... REOs comprise nearly 20% of homes on market
Nearly one in five homes for sale in the United States are properties repossessed by lenders, data aggregator RealtyTrac reported today, as foreclosure-related ... | Wednesday, August 13, 2008 |
Zillow rolls out new ad platform
Real estate valuation and marketing site Zillow.com has launched a new self-service ad platform that allows real estate agents and others to purchase ...'Big head,' print ads survive in the mountains
My youngest daughter recently asked me, "Do you love your job?" "Well, if I have to work, I suppose I do," I answered honestly. ... Realogy reports $27 million net loss in Q2
Real estate brokerage and franchise company Realogy Corp. on Wednesday reported a net loss of $27 million in the second quarter, with a 21 percent ... Flat-fee broker seeks expansion of DOJ-NAR settlement
A brokerage company that offers flat-fee listing services seeks to expand a proposed settlement agreement between the U.S. Justice Department and ... First American gambled, lost on Mercury expansion
First American Corp. could wind up with little to show for bankrolling the growth of the title and escrow subsidiaries of Mercury Companies Inc. ... Study: Mortgage rates put pressure on home prices
Dysfunction in the mortgage markets has made borrowing more expensive and increased the cost of owning a home by 10 to 20 percent -- a situation ... Roost grows property-search footprint
Roost expands search to San Francisco, Seattle Roost Inc., a real estate search engine, announced the launch of its service in San Francisco and ... Fannie Mae sweetens loan workouts
Fannie follows Freddie, boosts workout incentives Fannie Mae has boosted incentives for loan servicers who engage in workouts with troubled borrowers ...
HUD: bankrupt Arizona lender violated RESPA
A bankrupt Arizona mortgage lender paid $856,000 in bonuses, marketing fees and "non competition" fees to mortgage brokers, builders and ...Most banks tighten standards for prime loans
Fed survey: Lending standards tighten further A record three in four banks tightened standards for prime mortgages during the second quarter, according ... Markets range from 'volatile' to 'feeding frenzy'
Editor's note: The following is a collection of real estate professionals' views on an industry-related topic. QUESTION: What is the current state ... Commentary: Housing bill is 'Band-Aid fix'
Editor's note: The following is a sampling of comments from Inman's Groups pages, within the Community section. To join the discussion, create a ...
California targeting real estate kickbacks
California regulators plan to tighten rules governing affiliated businesses and step up enforcement of anti-kickback provisions in existing law -- ...Home builder Beazer announces $110 million net loss
Home builder Beazer Homes USA Inc. announced a net loss of $109.7 million, or $2.85 per share, for the third-quarter ended June 30. The company's ... Commentary: Banks flood market with REOs
The following is a collection of reader comments found on Inman.com: Banks should step up efforts with pre-foreclosure, auction sales The ... Company offers distribution tools for property info
Company name: vFlyer Inc. Company headquarters: San Francisco. Number of offices: 2. Web site: http://www.vflyer.com. Contact information: ...
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