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American Renters Getting Squeezed

American Renters Getting Squeezed | Real Estate Plus+ Daily News | Scoop.it
Apartment rents have risen by their highest rate since 2007, according to a new report. But despite the affordability of homes today, many renters can't qualify for a mortgage.
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Real Estate Related News Plus Miscellaneous Tech Stories and News of Interest
Curated by Russ Bergeron
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Zillow + Fannie Mae: Brexit vote will likely lower mortgage rates

Zillow + Fannie Mae: Brexit vote will likely lower mortgage rates | Real Estate Plus+ Daily News | Scoop.it
Previously, the fed had predicted that it would be raising rates possibly even as soon as July, however that may not be an option anymore. In fact, before the Brexit decision, Janet Yellen, chair of the Board of Governors, indicated that a rate hike was not out of the question, and may still be on the horizon.
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Janet Howcroft's curator insight, June 25, 7:42 AM

wow lowering rates even more would be great for first time home buyers!

 - June 24
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CoreLogic: 92 percent of American homes now have equity

CoreLogic: 92 percent of American homes now have equity | Real Estate Plus+ Daily News | Scoop.it
n its equity report for the first quarter of 2016, CoreLogic said that 92 percent of mortgaged homes in the United States—46.7 million—were worth more than the amount left on the loan. A total of 268,000 properties that had negative equity during the first quarter of 2015 had regained equity at the beginning of this year.
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California pending home sales rebound in May

California pending home sales rebound in May | Real Estate Plus+ Daily News | Scoop.it
California pending home sales increased overall, a rebound from last year, according to the California Association of Realtors.

Some markets in California seem to be heating up, while others are actually slowing down.
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Here's where Google is laying fiber for super-fast internet connections

Here's where Google is laying fiber for super-fast internet connections | Real Estate Plus+ Daily News | Scoop.it
Google Fiber is one of the most ambitious projects in Alphabet (the holding company that contains Google and several other businesses). It is aiming to provide much faster internet access than the cable and telco providers in the US today. 
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May Illinois home sales and price gains making news

May Illinois home sales and price gains making news | Real Estate Plus+ Daily News | Scoop.it
The Illinois housing market was in full bloom in May with more homes selling than last year at this time and at a higher average state median price. In May, statewide home sales totaled 16,150 units sold, a 6.0 percent increase from May 2015. The statewide median price was $194,000, up 7.2 percent from a year ago.
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Black Knight Financial Services' First Look at May Mortgage Data: Reduction in Foreclosure Inventory Picking Up Speed, Down 29 Percent from Last Year

Black Knight Financial Services' First Look at May Mortgage Data: Reduction in Foreclosure Inventory Picking Up Speed, Down 29 Percent from Last Year | Real Estate Plus+ Daily News | Scoop.it
Foreclosure inventory now below 575,000 from over 800,000 just 12 months ago
-- Foreclosure starts up from 10-year low in April, but at 62,100 remain below pre-crisis levels
-- Prepayment speeds (historically a good indicator of refinance activity) continue to trail 2015 levels despite interest rates being lower than last year
-- Delinquencies inched up in May; still down by over 13 percent on an annual basis
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Black Knight Financial Services Acquires Motivity Solutions, a Leading Provider of Mortgage Business Intelligence Software

Black Knight Financial Services Acquires Motivity Solutions, a Leading Provider of Mortgage Business Intelligence Software | Real Estate Plus+ Daily News | Scoop.it
Motivity Solutions saves its clients considerable time and money by automating data extraction and directly integrating embedded analytics with production data to capture changes in a client's database in near real-time.
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Improving UX For Color-Blind Users

Improving UX For Color-Blind Users | Real Estate Plus+ Daily News | Scoop.it
According to Colour Blind Awareness 4.5% of the population are color-blind. If your audience is mostly male this increases to 8%. Designing for color-blind people can be easily forgotten because most designers aren’t color-blind.
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Drop-dead gorgeous Aston Martin Vanquish Zagato bound for production

Drop-dead gorgeous Aston Martin Vanquish Zagato bound for production | Real Estate Plus+ Daily News | Scoop.it
The magicians at Aston's Gaydon HQ look set to continue that fine form by taking the Vanquish Zagato Concept that debuted at the Concorso d'Eleganza Villa d'Este last month into limited production, giving us an excuse to fawn over its carbon fiber curves again.
Russ Bergeron's insight:
If I win the lottery...
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13 breathtaking images shot by a 20-year-old aerial drone photographer

13 breathtaking images shot by a 20-year-old aerial drone photographer | Real Estate Plus+ Daily News | Scoop.it
A 20-year-old photographer from Sydney, Australia, is making his mark on a relatively nascent art form: aerial drone photography. 
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Is Bank of America rolling out mobile wallet ATMs?

Is Bank of America rolling out mobile wallet ATMs? | Real Estate Plus+ Daily News | Scoop.it
A Reddit user in Southern California has reported that Bank of America has started rolling out NFC-enabled ATMs with support for the major mobile wallets such as Apple Pay, Samsung Pay, and Android Pay.
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The Netherlands Voted A Garage Its Best Building Of The Year--Here's Why

The Netherlands Voted A Garage Its Best Building Of The Year--Here's Why | Real Estate Plus+ Daily News | Scoop.it
It’s a subterranean parking garage holding 670 spots, covered by rolling sand dunes along the coastline of a small coastal town called Katwijk aan Zee ("Katwijk by the sea"), a beach town west of Leiden and north of the Hague.
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Bay Area consumers alerted to outbreak of hackers stealing mortgage funds

Bay Area consumers alerted to outbreak of hackers stealing mortgage funds | Real Estate Plus+ Daily News | Scoop.it
In what’s becoming a disturbingly popular trend, Bay Area consumers are being warned that they may be the target of hackers who try to steal mortgage funds by presenting themselves as real estate agents, Realtors and title insurance companies.

Earlier this year, the Federal Trade Commission and the National Association of Realtors issued a nationwide warning to consumers, advising them that they could be the next victims of a mortgage closing cost phishing scheme.
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All banks passed their stress tests

All banks passed their stress tests | Real Estate Plus+ Daily News | Scoop.it
In fact, stress tests on 33 banks showed that they could all withstand $526B in losses in the Fed's severely adverse scenario, which tests for a major global recession, a sharp rise in unemployment, heightened financial stress and negative Treasury yields
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13 of the best 'office hacks,' according to an ex-Googler

13 of the best 'office hacks,' according to an ex-Googler | Real Estate Plus+ Daily News | Scoop.it
It kind of came from the same idea of why we even started Envoy," Gadea told Business Insider. "We noticed that people were building things in their own office and a lot of companies were just rebuilding the same thing ... the point of [our podcast] Office Hacks is to kind of highlight some of the fun, quirky things that people are doing in their office to make it more efficient but also make it more enjoyable."
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The Thousand

The Thousand | Real Estate Plus+ Daily News | Scoop.it
This is the 11th year REAL Trends has created the ranking of the top sales professionals in the United States in partnership with The Wall Street Journal.
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CFPB unveils new mortgage servicing compliance exam targets

CFPB unveils new mortgage servicing compliance exam targets | Real Estate Plus+ Daily News | Scoop.it
The CFPB also identified two other items it plans to place a “greater emphasis” in its upcoming examinations.

First, the CFPB plans to review mortgage servicers’ practices to ensure that servicers are not discriminating against borrowers for any reason.

“The CFPB is conducting targeted reviews of mortgage servicers’ compliance with fair lending laws,” the CFPB said Wednesday.
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NAR - Existing-Home Sales Grow 1.8 Percent in May; Highest Pace in Over Nine Years

NAR - Existing-Home Sales Grow 1.8 Percent in May; Highest Pace in Over Nine Years | Real Estate Plus+ Daily News | Scoop.it
Total existing-home sales1, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, grew 1.8 percent to a seasonally adjusted annual rate of 5.53 million in May from a downwardly revised 5.43 million in April. With last month's gain, sales are now up 4.5 percent from May 2015 (5.29 million) and are at their highest annual pace since February 2007 (5.79 million).
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Key Takeaways from the May Existing Home Sales Report

Key Takeaways from the May Existing Home Sales Report | Real Estate Plus+ Daily News | Scoop.it
Tight for-sale inventory continued to weigh on the housing market in May. While for-sale inventory edged up 0.3 percent from April, it remains 5.75 percent below its year-earlier level. The number of homes for sale has now fallen on an annual basis for 12 consecutive months, and has contracted year-over-year in 13 of the past 14 months.
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CFPB issues warning to mortgage servicers: You can't hide behind bad computer systems

CFPB issues warning to mortgage servicers: You can't hide behind bad computer systems | Real Estate Plus+ Daily News | Scoop.it
The Consumer Financial Protection Bureau just fired a shot across the bow of the country’s mortgage servicers after it found that some servicers are using outdated computer systems that could run them afoul of CFPB rules.

The CFPB issued a special supervision report Wednesday focused specifically on mortgage servicers, stating that its investigators discovered that some mortgage services are currently using “failed technology” that has already “harmed” some consumers.
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Foreclosure starts now at pre-crisis levels

Foreclosure starts now at pre-crisis levels | Real Estate Plus+ Daily News | Scoop.it
Foreclosure inventory continues to decrease, decreasing 3.55% from April to May and 29% year-over year, according to a recent report from Black Knight Financial Services, a provider of integrated technology, data and analytics solutions that facilitate and automate many of the business processes across the mortgage lifecycle.
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Roost smart water leak detector should keep your drier, richer

Roost smart water leak detector should keep your drier, richer | Real Estate Plus+ Daily News | Scoop.it
The new device, unveiled at CE Week in New York City, is able to identify a water leak and can also detect frozen pipe water damage, mold and mildew damage, and inefficient energy usage due to ineffective cooling systems or broken cooling systems.
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Parasite properties are taking over Paris

Parasite properties are taking over Paris | Real Estate Plus+ Daily News | Scoop.it
Wedged in between brick buildings and jutting out from rooftops will be a series of modern "parasite properties".
Glass, steel and wooden wonders designed to fill every precious nook of space in prime areas of the French capital, they will provide much-needed affordable inner-city housing.
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More security notifications via Google Analytics

More security notifications via Google Analytics | Real Estate Plus+ Daily News | Scoop.it
expanding our set of alerts in Google Analytics by adding notifications about sites hacked for spam in violation of our Webmaster Guidelines. In the unlikely event of your site being compromised by a 3rd party, the alert will flag the affected domain right within the Google Analytics UI and will point you to resources to help you resolve the issue.
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Beyond Netflix: Here's the entire alphabet in corporate logos

Beyond Netflix: Here's the entire alphabet in corporate logos | Real Estate Plus+ Daily News | Scoop.it
To add some context to the discussion, Mashable decided to round up some other well-known brands that are recognizable by the first letter of their names alone — one for each letter of the alphabet.   
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