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Tesla CEO: Car fire could have been far worse in a gas-powered car

Tesla CEO: Car fire could have been far worse in a gas-powered car | Real Estate Plus+ Daily News | Scoop.it

Had a conventional gasoline car encountered the same object on the highway, the result could have been far worse. A typical gasoline car only has a thin metal sheet protecting the underbody, leaving it vulnerable to destruction of the fuel supply lines or fuel tank, which causes a pool of gasoline to form and often burn the entire car to the ground. In contrast, the combustion energy of our battery pack is only about 10% of the energy contained in a gasoline tank and is divided into 16 modules with firewalls in between. 

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Real Estate Related News Plus Miscellaneous Tech Stories and News of Interest
Curated by Russ Bergeron
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12 of the most expensive mansions you can buy in the Caribbean right now

12 of the most expensive mansions you can buy in the Caribbean right now | Real Estate Plus+ Daily News | Scoop.it
These houses, which cost as much as $125 million, have all of the perks: private beaches, helipads, and multiple infinity swimming pools. 

St. Barts swept the board with four homes in the list of the most expensive properties right now. Keep scrolling to see the most expensive properties in the Caribbean. 
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Illinois home prices increase in April; Sales lower amid tight inventory

Illinois home prices increase in April; Sales lower amid tight inventory | Real Estate Plus+ Daily News | Scoop.it
The statewide median price in April was $200,000, up 7.5 percent from April 2016, when the median price was $186,000. The median is a typical market price where half the homes sold for more and half sold for less.
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April 2017 Market Report: A Decade Later, Home Values Return to Bubble-Era Peak 

April 2017 Market Report: A Decade Later, Home Values Return to Bubble-Era Peak  | Real Estate Plus+ Daily News | Scoop.it
The biggest annual home value gains came in Seattle, Dallas, Tampa, Fla., Detroit and Orlando. In each of those markets, home values rose by 9.9 percent or more from April of last year. The smallest annual gains were in Houston, Washington, D.C., Baltimore and San Jose, Calif., all of which posted gains below 4 percent. None of the country’s top 35 metro areas saw a drop in home values.
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Supply Squeeze Sends Real House Prices Higher

Supply Squeeze Sends Real House Prices Higher | Real Estate Plus+ Daily News | Scoop.it
“Homeowners may not be putting their homes on the market because they’re wary of the risk of selling when others don’t – the inability to find another home to purchase at the right price.”
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Guild Mortgage launches nationwide 1% down mortgage program

Guild Mortgage launches nationwide 1% down mortgage program | Real Estate Plus+ Daily News | Scoop.it
Guild Mortgage announced a new, nationwide 1% down mortgage product to cater to the upcoming surge in Millennial homebuyers.

To make the down payment so low, Guild Mortgage stated the borrower’s 1% down will be combined with a 2% grant from the lenders, creating 3% equity and a loan with a 97% loan-to-value ratio.
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NAR - Existing-Home Sales Slip 2.3 Percent in April; Days on Market Falls to Under a Month

NAR - Existing-Home Sales Slip 2.3 Percent in April; Days on Market Falls to Under a Month | Real Estate Plus+ Daily News | Scoop.it
Total existing-home sales1, https://www.nar.realtor/topics/existing-home-sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, dipped 2.3 percent to a seasonally adjusted annual rate of 5.57 million in April from a downwardly revised 5.70 million in March. Despite last month's decline, sales are still 1.6 percent above a year ago and at the fourth highest pace over the past year.
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101 places to find amazing, royalty-free images for your business

101 places to find amazing, royalty-free images for your business | Real Estate Plus+ Daily News | Scoop.it
Regardless if you own an online business, are a freelancer or run a blog, high-quality images are an absolute necessary. The reason? They can generate more clicks and boost engagement on your social channels. This probably has to do with the fact the 90% of all information that is transmitted to the brain is visual, while visuals are processed 60,000 times more faster in the brain than text.
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Zillow, Realogy and National Association of Realtors Executives Receive 2016 T3 Visionary Award

Zillow, Realogy and National Association of Realtors Executives Receive 2016 T3 Visionary Award | Real Estate Plus+ Daily News | Scoop.it
The CEOs of the Zillow Group, Realogy Franchise Group and National Association of Realtors received the first annual T3 Visionary Award from the Swanepoel T3 Group. They were recognized for their significant impact to the residential real estate industry.
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Household debt hits all-time high, finally exceeding housing bubble

Household debt hits all-time high, finally exceeding housing bubble | Real Estate Plus+ Daily News | Scoop.it
Today's family debt looks much different than it did in 2008, when the country fell into recession thanks to subprime home loans.

In fact, mortgage debt still remains below its 2008 high. Auto and student loans make up a bigger share of total debts.
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The FCC just took the next step in reversing Obama’s 'open internet' rules

The FCC just took the next step in reversing Obama’s 'open internet' rules | Real Estate Plus+ Daily News | Scoop.it
The vote does not mean the existing net-neutrality rules are dead. Instead, the FCC will now seek further public comment before finalizing an order that would undo the rules in earnest. That order will require another vote, most likely later this year.
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Ten-X Research: Latest U.S. Retail Market Outlook Shows Sector's 'Agonizingly Slow' Growth

Ten-X Research: Latest U.S. Retail Market Outlook Shows Sector's 'Agonizingly Slow' Growth | Real Estate Plus+ Daily News | Scoop.it
The long-term forecast reveals Miami, Fort Lauderdale, Houston, Austin and Tampa as markets in which investors should consider buying retail assets. These markets, concentrated in Florida and Texas, have been able to defy national trends, primarily thanks to robust local economies fueled by consistent job and population growth.
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Hackers reportedly steal millions of email addresses from DocuSign

Hackers reportedly steal millions of email addresses from DocuSign | Real Estate Plus+ Daily News | Scoop.it
DocuSign confirmed on Tuesday that a malicious third party had gained temporary access to a separate, non-core system to steal possibly more than 100 million email addresses.

According to an article in Forbes by Lee Matthews, in an update on its website, DocuSign reported an uptick in targeted spam campaigns abusing the company's branding, launching an investigation.
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Experts: New home starts create bottleneck to economic recovery

Experts: New home starts create bottleneck to economic recovery | Real Estate Plus+ Daily News | Scoop.it
Privately owned housing starts decreased in April, a factor that experts say is continuing to block economic recovery.

As new home starts and building permits decrease, inventory shortages are only heightened in the competitive housing market, driving prices to new highs.
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Calif  - April pending home sales and Market Pulse Survey

Calif  - April pending home sales and Market Pulse Survey | Real Estate Plus+ Daily News | Scoop.it
Based on signed contracts, year-over-year statewide pending home sales declined for the fourth straight month in April on a seasonally adjusted basis, with the Pending Home Sales Index (PHSI)* declining 7.4 percent from 122.8 in April 2016 to 113.7 in April 2017. On a monthly basis, California pending home sales increased 5.9 percent from the March index of 107.4. 
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Home Values Are Back, Except Where They're Not

Home Values Are Back, Except Where They're Not | Real Estate Plus+ Daily News | Scoop.it
However, the median does not tell the story of a nation.

To get that, it’s important to look at individual markets — and they tell different stories, including many that have not yet returned to their former peaks.
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Janet Howcroft's curator insight, Today, 5:27 PM

However, the median does not tell the story of a nation.

 - May 25
 
 
 
 
 
 
 
  
 
 
 
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Attom: Refinance originations fell to 10-year low in 1st quarter

Attom: Refinance originations fell to 10-year low in 1st quarter | Real Estate Plus+ Daily News | Scoop.it
According to Attom’s Q1 2017 U.S. Residential Property Loan Origination Report, released Thursday, there were a total of 675,899 refinance loans secured by U.S. residential properties (1 to 4 units) originated in the first quarter, which is down 36% from the previous quarter and down 22% from a year ago.
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Facebook and Google dominate web traffic, but not the same kind

Facebook and Google dominate web traffic, but not the same kind | Real Estate Plus+ Daily News | Scoop.it
While the search giant is still very important to publishers, Facebook now edges it out in when it comes pointing web users to news articles and other kinds of content, as this chart from Statista, based on recent research from analytics firm Parse.ly, shows.
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Zillow Launches $1 Million Zestimate Competition for Data Scientists

Zillow Launches $1 Million Zestimate Competition for Data Scientists | Real Estate Plus+ Daily News | Scoop.it
Zillow, the leading real estate information and home-related marketplace, today has launched Zillow® Prize, an award of $1 million to the first person or team who can most improve the Zestimate® algorithm, Zillow's proprietary home valuation tool. Zillow Prize calls for data scientists, engineers and visionaries to compete to improve automated home valuations of 110 million homes across the U.S.
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Entire country of Sweden listed on Airbnb

Entire country of Sweden listed on Airbnb | Real Estate Plus+ Daily News | Scoop.it
In an inspired publicity stunt, Sweden has listed its entire country on Airbnb, advertising the fact that all public land in the country is freely accessible to anyone.
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New-home sales plunge by a lot more than expected

New-home sales plunge by a lot more than expected | Real Estate Plus+ Daily News | Scoop.it
"The seasonally adjusted price of new homes nationwide fell, which is encouraging to budget-conscious buyers, but most of that drop was most likely driven by weakness in the West, where homes tend to skew toward the higher price points," Svenja Gudell, Zillow's chief economist, said in a note.

Sales in the West fell by 26.3%, the most since October 2010.
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Stunning auditorium crowns ship-shaped Paris music venue

Stunning auditorium crowns ship-shaped Paris music venue | Real Estate Plus+ Daily News | Scoop.it
The glazed auditorium comprises a spruce wood frame and is part-covered by a "solar sail" (named for its resemblance to a ship's sail, not the futuristic spacecraft propulsion method) that helps shade the interior from direct sunlight.

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DocuSign users sent phishing emails after data breach

DocuSign users sent phishing emails after data breach | Real Estate Plus+ Daily News | Scoop.it
A full copy of the email has been published on the TechHelpList website, which reported that the malware contained in the attachment could be used to steal passwords and banking credentials.
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Here's everything Google announced at its big I/O conference

Here's everything Google announced at its big I/O conference | Real Estate Plus+ Daily News | Scoop.it
Among the new goodies: updates to Android, Google Home, Google Assistant and YouTube. As well as nifty new services like Google Lens, which uses your smarpthone's camera to identify objects in the real world. 
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You've been warned: CFPB puts real estate agents, lenders on RESPA violation watch

You've been warned: CFPB puts real estate agents, lenders on RESPA violation watch | Real Estate Plus+ Daily News | Scoop.it
Between the Consumer Financial Protection Bureau slapping Prospect Mortgage with a $3.5 million fine for violating RESPA earlier this year and beefing up its ongoing investigation into Zillow for possibly violating RESPA, the real estate agent/lender space is being sent a warning, one industry attorney advises.
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Delinquencies Decline, Foreclosure Up Slightly in MBA 1Q Mortgage Delinquency Survey

Delinquencies Decline, Foreclosure Up Slightly in MBA 1Q Mortgage Delinquency Survey | Real Estate Plus+ Daily News | Scoop.it
The MBA First Quarter National Delinquency Survey reported the delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 4.71 percent of all loans outstanding at the end of the first quarter, a decline nine basis points from the previous quarter and six basis points from a year ago.
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