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Some Chinese Seek a Divorce to Avoid Real Estate Tax

Some Chinese Seek a Divorce to Avoid Real Estate Tax | Real Estate Plus+ Daily News | Scoop.it
Divorce filings spiked in big cities across China after rumors that one way to avoid a 20 percent tax on profits from housing sales was to separate from a spouse, at least on paper.
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Home Equity Borrowing Rises As Home Values Climb

Home Equity Borrowing Rises As Home Values Climb | Real Estate Plus+ Daily News | Scoop.it

RealtyTrac's first-ever U.S. Home Equity Line of Credit Trends Report on October 6th revealed that the rate ofhome equity line of credit borrowing climbed 21 percent in the 12 months ending June 2014, as lenders originated 797,865 ‘HELOCs’ across the country during that time. 

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FHFA, Fannie & Freddie near deal to open mortgage credit box

FHFA, Fannie & Freddie near deal to open mortgage credit box | Real Estate Plus+ Daily News | Scoop.it
As readers of HousingWire know, Federal Housing Finance Agency Director Mel Watt has been working towards a plan to open what many see as underwriting standards that are too restrictive. Now, The Wall Street Journal is reporting that Fannie Mae and Freddie Mac may be close to adopting Watt's initiative.
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Foreclosure Niche Is a Vanishing Business

Foreclosure Niche Is a Vanishing Business | Real Estate Plus+ Daily News | Scoop.it
As the number of foreclosed home sales rapidly falls, real estate professionals who specialize in foreclosure sales may need to find a new pipeline for business.
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Rivals come together at data standards 'plugfest'

Rivals come together at data standards 'plugfest' | Real Estate Plus+ Daily News | Scoop.it
From Oct. 21-23, RESO will hold its fall conference and inaugural "plugfest" where software designers will come together to test their products against each other to see how close they are to "plug and play."
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Auction.com to Sell Connecticut Ghost Town

Auction.com to Sell Connecticut Ghost Town | Real Estate Plus+ Daily News | Scoop.it
Just in time for Halloween, Auction.com is partnering with RM Bradley to bring to auction a Connecticut ghost town: the historic Village of Johnsonville.
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$680,000 dream beach house built on the wrong lot

$680,000 dream beach house built on the wrong lot | Real Estate Plus+ Daily News | Scoop.it
A Missouri couple isn’t happy with the bunch of Flagler County, Florida surveyors and homebuilders who constructed their $680,000 dream, beachfront home. The home is fine, it's just in the wrong place.
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SightCompass uses Bluetooth beacons to inform visually impaired of their surroundings

SightCompass uses Bluetooth beacons to inform visually impaired of their surroundings | Real Estate Plus+ Daily News | Scoop.it
Smartphones have certainly made it easier for us to find our way around. The good news is that we are starting to see these benefits extend to the visually ...
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RealtyTrac: Foreclosure filings increase first time in 3 years

RealtyTrac: Foreclosure filings increase first time in 3 years | Real Estate Plus+ Daily News | Scoop.it
Foreclosure filings, including default notices, scheduled auctions and bank repossessions, were reported on 317,171 U.S. properties in the third quarter. According to Daren Blomquist, vice president at RealtyTrac, this rise in foreclosures foreshadows a new trend.
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Organic LEDs Could Make Whole Ceilings Glow

Organic LEDs Could Make Whole Ceilings Glow | Real Estate Plus+ Daily News | Scoop.it
OLEDs are highly efficient but expensive. Better materials and manufacturing methods are changing that.
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Donuts Registers One Millionth New gTLD Address!

Donuts Registers One Millionth New gTLD Address! | Real Estate Plus+ Daily News | Scoop.it

Donuts Inc., the world’s largest registry for new generic top-level domains (gTLDs), today registered its one millionth Internet address, making the company the first new gTLD provider to reach that total.

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donuts and .COFFEE - match made in heavan

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Wells Fargo posts $5.7B income but mortgage profit down 46%

Wells Fargo posts $5.7B income but mortgage profit down 46% | Real Estate Plus+ Daily News | Scoop.it
The bank’s mortgage unit suffered a profit decline of 46% over the past quarter and its new origination mortgages fell to its lowest level since the financial crisis. And, executives at the big bank indicate they are just fine with the way things are going.
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Citigroup subprime lending unit's IPO performance could be bellwether for industry

Citigroup subprime lending unit's IPO performance could be bellwether for industry | Real Estate Plus+ Daily News | Scoop.it

Citigroup’s OneMain Financial, a major player in subprime lending, is preparing for a $50 million initial public offering, and how it performs could provide insight into the current state of subprime lending.

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Move purchase reshapes digital real estate market

Move purchase reshapes digital real estate market | Real Estate Plus+ Daily News | Scoop.it

If anyone doubted the value of such third-party listing aggregators, as they’re known in the industry, there’s growing evidence these digital powerhouses have become serious players. In July, Zillow and Trulia announced a merger agreement that’s expected to be approved by regulators later this year.

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CoreLogic: Mortgage Servicing is the Foundation for a Sound Housing Market

CoreLogic: Mortgage Servicing is the Foundation for a Sound Housing Market | Real Estate Plus+ Daily News | Scoop.it

Mortgage loan servicing was one of the critical processes that broke down during the 2008 housing crisis, but it has now become one of the most integral components for the market s recovery, according to an October 2014 CoreLogic 

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Builders Are Losing Confidence

Builders Are Losing Confidence | Real Estate Plus+ Daily News | Scoop.it
After four consecutive months of gains, builder confidence in the new-home single-family market is showing signs of slipping.
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BottleLoft lets you keep more beer in the fridge

BottleLoft lets you keep more beer in the fridge | Real Estate Plus+ Daily News | Scoop.it
BottleLoft allows you to use the dead space in your refrigerator, making it possible to hang your favorite beverage from the ceiling of your fridge. The str...
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Parents May Be Liable for What Their Kids Post on Facebook, Court Rules

Parents May Be Liable for What Their Kids Post on Facebook, Court Rules | Real Estate Plus+ Daily News | Scoop.it
Parents can be held liable for what their kids post on Facebook, a Georgia appellate court ruled in a decision that lawyers said marked a legal precedent on the issue of parental responsibility over their children's online activity.
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Jobless claims hit 14-year low

Jobless claims hit 14-year low | Real Estate Plus+ Daily News | Scoop.it
Jobless claims for the week ended Oct. 11 printed at 264,000, a drop of 23,000 from the previous week’s revised level of 287,000. This is the lowest level for initial claims since April 15, 2000.
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Transparent S-House leaves little to the imagination

Transparent S-House leaves little to the imagination | Real Estate Plus+ Daily News | Scoop.it
Even in a city that boasts an above-average proportion of quirky homes, Japan's S-House, by Japanese architect Yuusuke Karasawa stands out thanks to each of...
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Leaning House tilts upwards to offer a great view

Leaning House tilts upwards to offer a great view | Real Estate Plus+ Daily News | Scoop.it
In order to enable its clients to enjoy a choice views of a nearby lake, architecture firm Praud tilted a section of the home upwards, so that it cantilever...
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Some Hero Strapped (Another) GoPro Onto An Eagle And The Footage Is (Also) Breathtaking

Some Hero Strapped (Another) GoPro Onto An Eagle And The Footage Is (Also) Breathtaking | Real Estate Plus+ Daily News | Scoop.it
It's a bird. It's a plane. It's Superm--never mind, it's a bird. An eagle, to be specific, soaring majestically over Paris with a camera on its back.
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Zombie Foreclosures Result in Millions of Delinquent Tax Revenue Dollars

Zombie Foreclosures Result in Millions of Delinquent Tax Revenue Dollars | Real Estate Plus+ Daily News | Scoop.it
So-called "zombie" foreclosures have been known to lower property values of surrounding homes. But they also result in millions of lost tax revenue dollars.
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Ernst Publishing updates real estate tech solution

Ernst Publishing updates real estate tech solution | Real Estate Plus+ Daily News | Scoop.it
Ernst Publishing Company, a provider of technology and closing cost data for the real estate industry, updated its patented search engine technology, making it ready for the new CFPB Integrated Disclosure rule coming next year.
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Social media giant to enter lending business?

Social media giant to enter lending business? | Real Estate Plus+ Daily News | Scoop.it

With rumors already circulating about Facebook’s intention to offer payment services, the social media giant is now also believed to be looking at lending.

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Buffett rolls out the Berkshire Hathaway brand

Buffett rolls out the Berkshire Hathaway brand | Real Estate Plus+ Daily News | Scoop.it

The company will then shift to looking for partnerships with big players in parts of the U.S. where it is not yet strong, including the Midwest, and internationally, including the U.K., continental Europe and Asia.

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