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States propose revising the "relationship" between franchisors and franchisees

States propose revising the "relationship" between franchisors and franchisees | Real Estate Plus+ Daily News | Scoop.it

in recent months we have seen a resurgence of legislative efforts – this time at the state level – that may change the playing field.  Whether it is due to the challenging economic environment, a perception that franchise agreements are more one-sided or other circumstances, these recent efforts seek to tilt the balance in favor of franchisees by restricting franchisor practices that are deemed unfair, protecting franchisees’ equity in their businesses and empowering collective actions by franchisee groups.

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This year will probably be the biggest year for homebuilders in a decade

This year will probably be the biggest year for homebuilders in a decade | Real Estate Plus+ Daily News | Scoop.it
“With new home sales and household formations still moving higher, we expect that housing starts will increase further in 2017, although there will be months in which they are down temporarily,” Nationwide Chief Economist David Berson said. “For all of 2017, total starts should be around 1.25 million units, the highest level since 2007.”
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MIT's shuttlecock-shaped robot swims through pipes looking for leaks

MIT's shuttlecock-shaped robot swims through pipes looking for leaks | Real Estate Plus+ Daily News | Scoop.it
According to MIT, an average of 20 percent of the water flowing through today's distribution systems is lost to holes along its journey, so researchers are developing a small robot that can be deposited through a fire hydrant to hunt out the leaks.
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Aussie fintech operator launches new home loan platform, Tic Toc

Aussie fintech operator launches new home loan platform, Tic Toc | Real Estate Plus+ Daily News | Scoop.it
The Adelaide-based business platform is called Tic Toc and claims to provides its customers with mortgage decisions in just 22 minutes, instead of as much as 22 days in some cases.
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Report: Apartment Construction at 20-Year High

Report: Apartment Construction at 20-Year High | Real Estate Plus+ Daily News | Scoop.it
By 2030, the nation will need about 4.6 million new apartments to meet demand and keep prices in check, according to the National Multifamily Housing Council. To reach that number, about 373,000 new units, on average, will be needed each year.
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Facial recognition in the new iPhone would make huge waves

Facial recognition in the new iPhone would make huge waves | Real Estate Plus+ Daily News | Scoop.it
With several sources that traditionally have been reliable about such things reporting that Apple is preparing to abandon the fingerprint biometric authentication that it's been using for five years in favor of 3D facial recognition coupled with iris scans, the mobile industry is preparing for authentication upheaval.
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Homebuilder confidence slips on rising material costs

Homebuilder confidence slips on rising material costs | Real Estate Plus+ Daily News | Scoop.it
Builder confidence in the market for newly-built single-family homes fell two points in July to 64 from the downwardly revised June reading, according to the National Association of Builders and Wells Fargo Housing Market Index. This represents the lowest reading since November 2016.
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Freddie Mac joins Fannie Mae in reducing mortgage modification interest rate

Freddie Mac joins Fannie Mae in reducing mortgage modification interest rate | Real Estate Plus+ Daily News | Scoop.it
So, on Monday, when Fannie Mae’s new benchmark rate of 4% took effect, it took effect for Freddie Mac too.

The standard modification program is “designed to help those borrowers who are ineligible for the Home Affordable Modification Program.”
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Consumers Uneasy About Going Paperless

Consumers Uneasy About Going Paperless | Real Estate Plus+ Daily News | Scoop.it
Many mortgage lenders are phasing out physical paperwork in favor of electronic documents. While that may make organization easier for consumers, they still find an element of peace of mind in physical documents, according to a new survey.
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6 modern gadgets that will take you back to the old days

6 modern gadgets that will take you back to the old days | Real Estate Plus+ Daily News | Scoop.it
Nostalgic tech is making its way into the gadget world and we’re all big fans.

Add a classic taste to your modern tech with some of these products. There’s no time like the past…   
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HUD makes $2 billion available to homeless programs

HUD makes $2 billion available to homeless programs | Real Estate Plus+ Daily News | Scoop.it
HUD will fund this venture through Continuum of Care Homeless Assistance Program in an effort to encourage housing first. Housing first is the idea that families need housing before they can
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Reducing energy cost and energising education - New Fortress Energy and UWI ink cash-saving deal

Reducing energy cost and energising education - New Fortress Energy and UWI ink cash-saving deal | Real Estate Plus+ Daily News | Scoop.it
Starting September, the University of the West Indies should see a reduction in its electricity bills through the introduction of liquefied natural gas (LNG) under a deal it has inked with New Fortress Energy.

The deal will see the Mona campus of the university upgrading its combined heat and power (CHP) plant to reduce its energy costs by some $52 million annually.
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What are homebuyers really searching for? Google gives us the answer, literally

What are homebuyers really searching for? Google gives us the answer, literally | Real Estate Plus+ Daily News | Scoop.it
The report comes from Chase Home Lending, which partnered with search-engine giant Google, to present a behind-the-scenes look at what homebuyers are Googling, and the results provide a window into what buyers really think.
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Wells Fargo to Pilot Digital “Control Tower” Experience to Help Simplify Customers’ Online Financial Lives

Wells Fargo to Pilot Digital “Control Tower” Experience to Help Simplify Customers’ Online Financial Lives | Real Estate Plus+ Daily News | Scoop.it
“By integrating a comprehensive view of customers’ Wells Fargo personal finance information and access points into one experience, this new experience streamlines customers’ digital footprint and enables them to manage their personal finances with ease from one single and secure place.”
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Bone conduction ring puts phone calls at your fingertips

Bone conduction ring puts phone calls at your fingertips | Real Estate Plus+ Daily News | Scoop.it
Besides talking into a shoe, the most spy-like way to take a phone call is to just stick your finger in your ear. Last year the Sgnl made that possible using a watchband, and now we've seen the idea packed into a smaller wearable device: a ring.
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There's a new version of Google Glass, and it's been secretly used by hundreds of factory workers for the last two years

There's a new version of Google Glass, and it's been secretly used by hundreds of factory workers for the last two years | Real Estate Plus+ Daily News | Scoop.it
A new version of Glass has secretly been used by hundreds of employees at companies like GE, Boeing, DHL, and Volkswagen for the last two years, according to a report by Backchannel. The new Google Glass Enterprise Edition is designed with factory workers in mind.
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Equity Inequality: The Differing Impact of the Boom and Bust on Millennial, Gen X and Older Homeowners

Equity Inequality: The Differing Impact of the Boom and Bust on Millennial, Gen X and Older Homeowners | Real Estate Plus+ Daily News | Scoop.it
Homeowners from different generations have benefited unequally from the past half-decade of national home value growth. While this period of uninterrupted home value growth has enabled millennial homeowners to fairly rapidly accumulate equity in more recently purchased homes, their older siblings in Generation X are in many cases only recouping losses in equity incurred during the Great Recession.
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Foreign investment in U.S. real estate surges 49%

Foreign investment in U.S. real estate surges 49% | Real Estate Plus+ Daily News | Scoop.it
This increase was fueled by an increase in sales dollar volume from Canadian buyers, but transactions grew in all five of the top countries, according to the 2017 Profile of International Activity in U.S. Residential Real Estate report from the National Association of Realtors.
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News Releases

News Releases | Real Estate Plus+ Daily News | Scoop.it
Ten-X Commercial, the nation's leading online real estate digital marketplace, today released its latest U.S. Office Market Outlook, including the top five "Buy" and "Sell" markets for office properties. The analysis shows a sector that has continued its agonizingly slow recovery into 2017, but faces the prospect of rising cyclical risks associated with slower employment growth.
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IBM's Plan To Encrypt Unthinkable Amounts of Sensitive Data

IBM's Plan To Encrypt Unthinkable Amounts of Sensitive Data | Real Estate Plus+ Daily News | Scoop.it
Now, IBM says it has a way to encrypt every level of a network, from applications to local databases and cloud services, thanks to a new mainframe that can power 12 billion encrypted transactions per day.
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Chicago Area New-home sales plunge after string of increases

Chicago Area New-home sales plunge after string of increases | Real Estate Plus+ Daily News | Scoop.it
Builders sold 983 new homes in the 10-county metropolitan area in the second quarter, according to a report from Tracy Cross & Associates, which tracks city and suburban sales in developments of 10 units or more. That's a decline of more than 19 percent from 1,216 sales in the second quarter​ of 2016.
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California June home sales and price report

California June home sales and price report | Real Estate Plus+ Daily News | Scoop.it
Amid the lowest housing inventory levels of the year, existing home sales in California took off in June to their highest pace in nearly four years as existing home sales and median home price recorded strong gains on both a monthly and annual basis for the second straight month, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.  
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Wells Fargo, Citi, Chase results show 2017 will be a down year for big bank mortgages

Wells Fargo, Citi, Chase results show 2017 will be a down year for big bank mortgages | Real Estate Plus+ Daily News | Scoop.it
Market observers were already predicting that 2017 would be a rough year for mortgages, at least compared to 2016.

So it shouldn’t have come as a surprise that when Wells Fargo, Citigroup, and JPMorgan Chase reported their financial results for the first half of the year mortgages were not a significant driver of revenue.
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Nearly 40% of homes in Dallas went to flippers, investors and builders last year

Nearly 40% of homes in Dallas went to flippers, investors and builders last year | Real Estate Plus+ Daily News | Scoop.it
The Dallas housing market is on fire as more investors, home flippers, developers and builders beat out home shoppers for houses.

According to an article in The Dallas Morning News by Steve Brown, nearly 40% of the homes sold in the Dallas area last year didn't go to owner occupants.
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These 18 incredible products didn't exist 10 years ago

These 18 incredible products didn't exist 10 years ago | Real Estate Plus+ Daily News | Scoop.it
A decade ago, you couldn't order an Uber on your phone. You couldn't surf the web on Google Chrome. You couldn't rent a place to stay on demand with Airbnb.
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