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Realtor.com(R) and the San Jose Sharks Sign Exclusive Sponsorship Agreement

Realtor.com(R) and the San Jose Sharks Sign Exclusive Sponsorship Agreement | Real Estate Plus+ Daily News | Scoop.it

Today, realtor.com(R), the leader in online real estate, operated by Move, Inc. (NASDAQ: MOVE), announced that it has signed an agreement with the San Jose Sharks to be an official and category exclusive sponsor for the 2013-14 NHL season. The agreement supports realtor.com(R)'s mission to engage with consumers at all stages of the home buying, renting, moving or selling process from anywhere, including their favorite sporting events.

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Fannie, Freddie revise mortgage app form for first time in 20 years

Fannie, Freddie revise mortgage app form for first time in 20 years | Real Estate Plus+ Daily News | Scoop.it
"Although final implementation of the new loan application is still more than a year away, and the application must still undergo "safe-harbor" review by the Consumer Financial Protection Bureau, we anticipate that publication of the redesigned form now will give the industry ample time to analyze and prepare for its use in 2018,” Watt said.
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Kobe Bryant launches $100M venture capital fund, reveals housing tech investment

Kobe Bryant launches $100M venture capital fund, reveals housing tech investment | Real Estate Plus+ Daily News | Scoop.it
But one name on the list of 13 investments made by Bryant and Stibel so far jumps out to those in housing – HouseCanary, a provider of software and analytics for the real estate industry.
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Black Knight Financial Services' First Look at July Mortgage Data: Delinquencies Continue Seasonal Climb; Prepayments Defy Historically Low Interest Rates, Growing Refinanceable Population

Black Knight Financial Services' First Look at July Mortgage Data: Delinquencies Continue Seasonal Climb; Prepayments Defy Historically Low Interest Rates, Growing Refinanceable Population | Real Estate Plus+ Daily News | Scoop.it
The Data & Analytics division of Black Knight Financial Services, Inc. (BKFS) reports the following "first look" at July 2016 month-end mortgage performance statistics derived from its loan-level database representing the majority of the national mortgage market.
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These 2 classic cars made history at Pebble Beach this weekend

These 2 classic cars made history at Pebble Beach this weekend | Real Estate Plus+ Daily News | Scoop.it
Two separate sales records were set at the Pebble Beach auctions this weekend, and they were definitely worth it for these cars.

The very first Shelby Cobra ever made broke the record for the most expensive American car sold at auction Friday, selling for $13.75 million. The previous record was held by a 1968 Ford GT40 race car that sold for $11 million in 2012.
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20 of the most incredible works of Burning Man art ever made

20 of the most incredible works of Burning Man art ever made | Real Estate Plus+ Daily News | Scoop.it
One of the main spectacles at Burning Man are the outlandish, elaborate and zany sculptures, structures and art installations that attendees create there. Many are intentionally destroyed at the end of the festival, since part of Burning Man's mission is to leave no trace, but some have left the desert and are installed in other locations around the world.
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The Midcentury Glamour Of The Jersey Shore (Yes, The Jersey Shore)

The Midcentury Glamour Of The Jersey Shore (Yes, The Jersey Shore) | Real Estate Plus+ Daily News | Scoop.it
To Jersey Shore native Tyler Haughey, these motels, of which there are nearly 150, represent a piece of home—and they also happen to be the largest concentration of postwar resort architecture in the country.
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Scott Higashi succeeds founder Bill Chee as president, CEO of Hawaii real estate firm Locations LLC 

Scott Higashi succeeds founder Bill Chee as president, CEO of Hawaii real estate firm Locations LLC  | Real Estate Plus+ Daily News | Scoop.it
Scott Higashi is the new president and CEO of Locations LLC, succeeding founder Bill Chee as the top executive at one of Hawaii's largest residential real estate firms.
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Five Years into Housing Recovery, Negative Equity Still Affects more than 1 in 10 Homeowners

Five Years into Housing Recovery, Negative Equity Still Affects more than 1 in 10 Homeowners | Real Estate Plus+ Daily News | Scoop.it
But some metros are seeing notable gaps in the share of underwater homeowners between urban and suburban areas. Cleveland and Detroit have the biggest difference between negative equity rates in urban and suburban neighborhoods – 13.6 and 10.8 percentage points, respectively. In these metros, home values in the main urban centers are trailing behind the overall region's recovery, and are still well off from their peak levels.
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Industry throws wet blanket on the digital mortgage revolution

Industry throws wet blanket on the digital mortgage revolution | Real Estate Plus+ Daily News | Scoop.it
Over the last few years, publications just like this one spilled a significant amount of ink, whether the old-fashioned kind or the digital kind, on the digital mortgage revolution, that is the effort to take the cumbersome, paper-intensive mortgage process online.

Innovations like Quicken Loans’ Rocket Mortgage show the mortgage industry is undergoing a technological shift, bu
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23 Powerful Email Closing Lines That'll Intrigue Prospects & Prompt Responses

23 Powerful Email Closing Lines That'll Intrigue Prospects & Prompt Responses | Real Estate Plus+ Daily News | Scoop.it
Thanks to the recency effect, people have the best recall for the last items on a list. You can credit this phenomenon for the bizarre purchases you make after forgetting your shopping list at home -- rather than remembering the most essential items (milk, cheese, bread), you usually remember whichever items you’d written down last (like teriyaki sauce and ice cream.)
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Realtors Property Resource® Joins SentriLock to Offer Realtors® On-the-Spot Property Data

Realtors Property Resource® Joins SentriLock to Offer Realtors® On-the-Spot Property Data | Real Estate Plus+ Daily News | Scoop.it
“This integration will allow Realtors® to present their clients with on-the-spot RPR data and reports about specific properties and neighborhoods,” said NAR President Tom Salomone, broker-owner of Real Estate II, Inc. in Coral Springs, Florida. “Realtors® are the most trusted resource for local market real estate information and with this new integration they will also be the fastest source for property information.”
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New Home Permits Down in July, Foreshadowing Lower Starts in August

New Home Permits Down in July, Foreshadowing Lower Starts in August | Real Estate Plus+ Daily News | Scoop.it
Total housing permits, the leading indicator for future starts, decreased -0.1% overall in July, due to a -3.7% decrease in permits issued for single family homes. The dip in single-family permits indicates that starts in August could decline, but July's 711,000 permits issued still marked a 2.4% increase year-over-year.
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More partners join Microsoft in DC area’s first smart city

More partners join Microsoft in DC area’s first smart city | Real Estate Plus+ Daily News | Scoop.it
Gramercy District will have transit and commuter links to D.C., 900 residential units, a hotel, an office building, retail space, parking garages and a high-tech business center.  The smart city will boost connectivity to the areas along the corridor between Washington D.C. and Washington Dulles International Airport.
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New home sales post biggest July gain since the housing bust

New home sales post biggest July gain since the housing bust | Real Estate Plus+ Daily News | Scoop.it
According to the latest estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, new home sales in July were at a seasonally adjusted annual rate of 654,000, which is up 31.3% from July 2015. This is also 12.4% above the revised June rate of 582,000.
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Goldman Sachs rolls out online lender for the masses

Goldman Sachs rolls out online lender for the masses | Real Estate Plus+ Daily News | Scoop.it
Goldman Sachs will soon be offering an online lender for the masses, its first step into consumer banking, according to an article by Nathaniel Popper for The New York Times.

The new banking operation will be called Marcus, after the company chose founder Marcus Goldman over his business partner Samuel Sachs, the article states.
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July Home Sales Forecast: Is the Party Over? 

July Home Sales Forecast: Is the Party Over?  | Real Estate Plus+ Daily News | Scoop.it
Thus far, it has been a pretty sweet ‘16 for home sales. But according to our July home sales forecast, the party looks like it could be coming to an end, at least temporarily and especially for sales of existing homes that must eventually face the harsh reality of tight inventory and rising prices.
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China opens highest and longest glass bridge

China opens highest and longest glass bridge | Real Estate Plus+ Daily News | Scoop.it
China just added a bunch of new claims to its planet-beating achievements -- this time its the world's sweatiest palms, the trembliest knees and the most-flipped stomachs.

Oh yes -- and the world's highest and longest glass-bottomed bridge.
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Builder Beware: 30 MSAs Where Vacancy Rates are Rising

Builder Beware: 30 MSAs Where Vacancy Rates are Rising | Real Estate Plus+ Daily News | Scoop.it
According to homeowner vacancy rates from the Census Bureau in 75 major metropolitan statistical areas across the country, the 15 metros below have the highest amount of completed, vacant product on the market in the second quarter of 2016.
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ATTOM Data Solutions Hires Technology Veteran Todd Teta

ATTOM Data Solutions Hires Technology Veteran Todd Teta | Real Estate Plus+ Daily News | Scoop.it
ATTOM Data Solutions, the nation’s leading source for comprehensive property data, today announced the hiring of Todd Teta as chief technology officer. In this role, Teta will leverage his two decades of experience in technology and product innovation to lead ATTOM’s technology and product teams, including ATTOM’s three consumer websites: RealtyTrac.com, Homefacts.com and HomeDisclosure.com.
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August 2016 RE/MAX National Housing Report

August 2016 RE/MAX National Housing Report | Real Estate Plus+ Daily News | Scoop.it
Unlike the month’s temperatures, July home sales cooled off from June’s highest year-to-date level. In the RE/MAX National Housing Report analysis of 53 U.S. cities, July sales fell in 49 markets by 8.8% from July 2015 and by 13.1% from June. Over the last seven years, the average drop in sales from June to July has been 8.2%. The Median Sales Price dropped slightly from June to $225,000, which is still 4.7% higher than one year ago.
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The Power of Leverage

The Power of Leverage | Real Estate Plus+ Daily News | Scoop.it
The importance of measuring housing affordability is paramount. Homeownership is synonymous with the American Dream and all of the wealth-building benefits that it provides, and housing is the single largest monthly expense for most households. Yet, there are many ways to measure the affordability of housing.
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Fed not likely to increase interest rates until December or later

Fed not likely to increase interest rates until December or later | Real Estate Plus+ Daily News | Scoop.it
There are only three meetings left this year for the Federal Open Market Committee, and the likelihood they’ll raise interest rates above current levels looks slim, judging by the latest meeting minutes released on Wednesday.

National Association of Federal Credit Unions Chief Economist Curt Long explained that the FOMC minutes continue to reflect divisions within the committee.
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California home sales and median price decrease in July as affordability crunch puts dent in housing market

California home sales and median price decrease in July as affordability crunch puts dent in housing market | Real Estate Plus+ Daily News | Scoop.it
Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 415,840 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 2016 if sales maintained the July pace throughout the year. It is adjusted to account for seasonal factors that typically influence home sales.
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San Francisco Bay Area Home Sales Tumble in First Half of 2016 - Lowest Since 2008

San Francisco Bay Area Home Sales Tumble in First Half of 2016 - Lowest Since 2008 | Real Estate Plus+ Daily News | Scoop.it
Despite the slowdown in sales, median home prices continued to rise upwards to what might be described as new levels of unaffordability. Within the six Bay Area counties included in this study, San Francisco, Marin, Alameda, Contra Costa, San Mateo and Santa Clara, the increase in median home prices from June 2015 to June 2016 ranged from a low 6.5 percent (San Francisco) to a high of 14.3 percent (Marin).
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RE/MAX to Standardize on DocuSign for Global Franchise Network

RE/MAX to Standardize on DocuSign for Global Franchise Network | Real Estate Plus+ Daily News | Scoop.it
At its Broker/Owner conference here yesterday RE/MAX LLC, the global real estate franchisor, announced plans to standardize on DocuSign's eSignature platform and its Transaction Rooms for Real Estate solution for more than 100,000 broker and agent affiliates around the world.
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