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Move, Inc. Announces Proposed Private Placement

Move, Inc. Announces Proposed Private Placement | Real Estate Plus+ Daily News | Scoop.it

 Move, Inc. (MOVE), the leader in online real estate, today announced that it proposes to offer, subject to market and other conditions, $85 million aggregate principal amount of convertible senior notes due 2018 in a private placement.  Move intends to grant the initial purchasers of the notes a 30-day option to purchase up to $15 million in principal amount of additional notes.

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Real Estate Related News Plus Miscellaneous Tech Stories and News of Interest
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What Canada's Census Reveals About Housing Needs 

What Canada's Census Reveals About Housing Needs  | Real Estate Plus+ Daily News | Scoop.it
One-person households account for 28.2 per cent of all households -- the most common type of living arrangement. Statistics Canada says, "income redistribution, pensions and the increased presence of women in the workforce have led to more people being economically independent today than in the past, especially in older age groups. In addition, higher separation and divorce rates have led to more people living alone instead of in couples."
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NAR - Home Prices Jump 6.2 Percent in Second Quarter; Eclipse 2016 High

NAR - Home Prices Jump 6.2 Percent in Second Quarter; Eclipse 2016 High | Real Estate Plus+ Daily News | Scoop.it
Single-family home prices last quarter increased in 87 percent of measured markets, with 154 out of 178 metropolitan statistical areas1 (MSAs) showing sales price gains in the second quarter compared with the second quarter of 2016. Twenty-three areas (13 percent) recorded lower median prices from a year earlier.
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16 Cities Where It's Actually Getting Cheaper to Buy a House

16 Cities Where It's Actually Getting Cheaper to Buy a House | Real Estate Plus+ Daily News | Scoop.it
Home prices are surging across the country. The national median price for an existing single-family home was $255,600 in the second quarter of 2017, up 6.2% from a year earlier. Home prices were up in 87% of cities the association tracks. In 23 cities, including Seattle, Salt Lake City, Reno, and Ann Arbor, prices increased by 10% or more.
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Real Estate License Act changes signed into law by governor

Real Estate License Act changes signed into law by governor | Real Estate Plus+ Daily News | Scoop.it
House Bill 3528, which was backed by Illinois REALTORS®, was unanimously passed by both chambers of the General Assembly earlier this year, and had been sent to the governor on June 23. He signed it Friday.
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Americans' debt level notches a new record high

Americans' debt level notches a new record high | Real Estate Plus+ Daily News | Scoop.it
Total U.S. household debt was $12.84 trillion in the three months to June, up $552 billion from a year ago, according to a Federal Reserve Bank of New York report published on Tuesday.
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7 Tips From a Nikon Pro for Photographing the Total Solar Eclipse

7 Tips From a Nikon Pro for Photographing the Total Solar Eclipse | Real Estate Plus+ Daily News | Scoop.it
To help you capture the moment with your camera, Mental Floss spoke to Steve Heiner, senior technical manager with Nikon, who saw his first eclipse 38 years ago. Here is what he told us you need to know. 
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REAL Trends | 2017 Brokerage Website Rankings

REAL Trends | 2017 Brokerage Website Rankings | Real Estate Plus+ Daily News | Scoop.it

REAL Trends announces the top residential real estate brokerage and team websites in its 2017 REAL Trends Website Rankings. If you’re looking to redesign or revamp your website, these are the best of the best and worth emulating!

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Million-Dollar ZIP Codes Have Passed Their Pre-Recession Peak 

Million-Dollar ZIP Codes Have Passed Their Pre-Recession Peak  | Real Estate Plus+ Daily News | Scoop.it
More than one in 25 ZIP codes now might be called “million dollar” ZIPs: areas where a significant portion of homes are worth at least $1 million. In a growing geographical divide, these ZIP codes are increasingly concentrated in a few coastal cities.
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FHFA: HARP extended through 2018

FHFA: HARP extended through 2018 | Real Estate Plus+ Daily News | Scoop.it
The government’s Home Affordable Refinance Program was all set to end next month, September 30, to be exact, but that’s not the case anymore.

The Federal Housing Finance Agency announced Thursday that it is extending HARP through Dec. 31, 2018, adding an additional 15 months onto the program’s already extended lifespan.
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What Are the Prospects for Future Homeownership Demand?

What Are the Prospects for Future Homeownership Demand? | Real Estate Plus+ Daily News | Scoop.it
“Yet, the prospect for future homeownership demand looks hopeful, as more households increase their educational attainment level and thus their prospect for higher income.”
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Inside a tiny triangular house in Tokyo

Inside a tiny triangular house in Tokyo | Real Estate Plus+ Daily News | Scoop.it
In Tokyo, one of the world's most overcrowded cities, land is expensive and it is always difficult to find and buy an ideal plot. So, building houses on difficult patches of land is not uncommon. At the same time, such challenges encourage Japanese architects to create impressive and ingenious buildings. This house on a tiny triangular plot in Horinouchi, designed by Architect Kota Mizuishi, of Mizuishi Architect Atelier, is an excellent example.
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9 Exhilarating Close-Up Photos of Sharks

9 Exhilarating Close-Up Photos of Sharks | Real Estate Plus+ Daily News | Scoop.it
National Geographic photographer Brian Skerry has spent some 10,000 hours underwater over the last three decades, photographing sharks (and other animals) up close in their own habitat. A new collection of his photography, simply titled Shark, shows off 250 images he’s taken of the mysterious creatures that scientists are still only beginning to understand.
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Calif - July 2017 sales and price

Calif - July 2017 sales and price | Real Estate Plus+ Daily News | Scoop.it
Closed escrow sales of existing, single-family detached homes in California remained above the 400,000 benchmark for the 16th consecutive month and totaled a seasonally adjusted annualized rate of 421,460 units in July, according to information collected by C.A.R. from more than 90 local REALTOR® associations and MLSs statewide. The statewide sales figure represents what would be the total number of homes sold during 2017 if sales maintained the July pace throughout the year.
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Smishing: hackers' favorite new way to ruin your life

Smishing: hackers' favorite new way to ruin your life | Real Estate Plus+ Daily News | Scoop.it
Smishing is short for “SMS phishing.” It is a type of security attack where scammers trick cell phone users to download viruses through carefully crafted text messages. Smishing has become more popular than email scams because believe it or not, it works.
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Nationstar no more: Nonbank is now officially Mr. Cooper

Nationstar no more: Nonbank is now officially Mr. Cooper | Real Estate Plus+ Daily News | Scoop.it
Nationstar’s massive rebranding, which HousingWire first reported back in December 2015, became official on Monday morning, with the nonbank dropping the Nationstar name and becoming Mr. Cooper.

The Mr. Cooper brand will cover both the company’s mortgage servicing and originations operations.
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What’s This? A New Look for an Iconic Brand?

What’s This? A New Look for an Iconic Brand? | Real Estate Plus+ Daily News | Scoop.it
“Our new look better represents the enthusiastic entrepreneurs who comprise our network,” said Contos. “Great brands evolve and RE/MAX is no different. We believe the updated balloon and wordmark will help our agents grow their business and give them an even bigger competitive advantage in digital, social media and mobile marketing.”
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World's biggest underground bike parking center opens in Utrecht

World's biggest underground bike parking center opens in Utrecht | Real Estate Plus+ Daily News | Scoop.it
Cyclists in Utrecht started using a three-storey parking garage under the train station last week, ahead of the official opening on August 21. It already boasts thousands of spaces, but when complete, it will be the world's largest parking facility for bikes.
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Cash home sales increase as competition heats up

Cash home sales increase as competition heats up | Real Estate Plus+ Daily News | Scoop.it
Cash sales are one the rise in the competitive housing market, significantly above historic levels, according to Freddie Mac’s monthly Outlook for August.

Mortgage originations are decreasing due to the increase in cash sales, the report showed. While not popular among homebuyers, the highly competitive market is driving more buyers toward cash sales.
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How Many of these 25 Brain Teasers Can You Solve?

How Many of these 25 Brain Teasers Can You Solve? | Real Estate Plus+ Daily News | Scoop.it
A slippery sloth climbs six feet up a utility pole during the day, then slides back down five feet during the night. If the pole is 30 feet high and the sloth starts from the ground (zero feet), how many days does it take the sloth to reach the top of the pole?
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How long until eClosings are standard practice for mortgages?

How long until eClosings are standard practice for mortgages? | Real Estate Plus+ Daily News | Scoop.it
Nancy Pratt, Pavaso vice president of Partner Relations & Government Affairs, added, “Nevada supports the vision of a paperless, fully digital closing, by allowing eRecording. A program for eNotarization is underway, but a hybrid closing is necessary since many investors still require a physical, rather than digital signature for certain closing documents.”
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August 2017 RE/MAX National Housing Report

August 2017 RE/MAX National Housing Report | Real Estate Plus+ Daily News | Scoop.it
July home sales declined 0.8% year-over-year, and the Median Sales Price of $239,950 – while slightly lower than June’s – was 7.4% higher year-over-year. Homes sold quickly in July, with an average 45 Days on Market, a record low for the report.
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100 trips everyone should take in their lifetime, according to the world's top travel experts

100 trips everyone should take in their lifetime, according to the world's top travel experts | Real Estate Plus+ Daily News | Scoop.it
Business Insider UK asked 20 top travel bloggers and writers/editors from the likes of Lonely Planet, Suitcase, and Airbnb for the top five destinations they've ever visited — or the ones that are at the top of their bucket list.
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New glass blocks may be a clear choice for solar power

New glass blocks may be a clear choice for solar power | Real Estate Plus+ Daily News | Scoop.it
Buildings have a lot of surface area that's exposed to sunlight, so why just stop at rooftop solar panels? We've already seen solar energy-harvesting windows, and of course Tesla's solar roof. Thanks to research being carried out at the University of Exeter, we may soon also have the option of replacing opaque exterior walls with solar glass blocks.
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World's largest data center being built in the Arctic

World's largest data center being built in the Arctic | Real Estate Plus+ Daily News | Scoop.it
Data centers chew through a huge amount of power, thanks largely to the cooling demands involved. To help fight that on both fronts, the world's largest data center is set to be built in northern Norway, making use of the chilly Arctic climate to keep the servers cool while drawing all of its power from renewable sources.
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15 Fascinating Facts About Julia Child

15 Fascinating Facts About Julia Child | Real Estate Plus+ Daily News | Scoop.it
Julia Child was much more than just a bestselling cookbook author and chef. Over the course of her life, she was also a breast cancer survivor, a TV trailblazer, and a government spy.
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