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Home truths

Home truths | Real Estate Plus+ Daily News | Scoop.it
THE city that proved that America’s housing market is rising from the ashes was, fittingly, Phoenix. From property-bubble peak to post-financial crisis trough,...
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Real Estate Related News Plus Miscellaneous Tech Stories and News of Interest
Curated by Russ Bergeron
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Half Of The U.S. Population Lives On Just A Tiny Amount Of Land

Half Of The U.S. Population Lives On Just A Tiny Amount Of Land | Real Estate Plus+ Daily News | Scoop.it
If you live in Wyoming, you have 66 times the voting power in the Senate of someone in California. In Vermont, you have 30 times the voting power of someone across the state border in New York.
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These Beautiful Aerial Photos Of L.A. Show What Income Inequality Looks Like From Above

These Beautiful Aerial Photos Of L.A. Show What Income Inequality Looks Like From Above | Real Estate Plus+ Daily News | Scoop.it
California has more billionaires than any other state (and most countries). And there's a giant and growing gap between the ultra-rich and most Californians; the state also has the highest poverty rate and a third of the welfare recipients in the whole country.
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Hackers are using ads on Yahoo's biggest websites to try to infect millions of people's computers with malware

Hackers are using ads on Yahoo's biggest websites to try to infect millions of people's computers with malware | Real Estate Plus+ Daily News | Scoop.it
Advertising across Yahoo's biggest websites — Yahoo.com, and its sports, celebrity, finance and games sites — is being exploited by a cybercrime group looking to infect people's computers with malware, according to security company Malwarebytes.
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The U.K.'s Tallest Sculpture Will Let You Ride A Slide All The Way Down

The U.K.'s Tallest Sculpture Will Let You Ride A Slide All The Way Down | Real Estate Plus+ Daily News | Scoop.it
The anticipation of what you'll see at the top of a tower can be exciting. Going down, though? Comparatively, that's a drag. Why go down the stairs or the elevator like a sucker when you can slide on down?
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Austin Board of REALTORS® announces Tim Dain as new MLS Director

Austin Board of REALTORS® announces Tim Dain as new MLS Director | Real Estate Plus+ Daily News | Scoop.it
A seasoned MLS executive, Dain brings a unique combination of experience to ABoR, including leading a regional MLS, where he oversaw significant growth for the MLS; working as a REALTOR®, both as an agent and a broker; working in information technology outside the REALTOR® organization; and serving four years in the U.S. military.
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REA Group Loans Director of Sale to Move in the US

REA Group Loans Director of Sale to Move in the US | Real Estate Plus+ Daily News | Scoop.it
he REA Group has announced the international secondment of Tom Ainsworth, realestate.com.au’s Director of Residential Sales to Move Inc in the US.  Tom will join Move as the Senior Vice President Go To Market and Sales, for two years commencing in September 2015.
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Women of Influence 2015

Women of Influence 2015 | Real Estate Plus+ Daily News | Scoop.it
he data on executives in banking and financial sectors reveals a striking lack of women in the C-suites. In 2014, only three women led major U.S. banks, while just 17.6% of Fortune 500 companies had female CEOs and only 11.4% had female CFOs.
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Congress passes mortgage reporting regulations in highway bill

Congress passes mortgage reporting regulations in highway bill | Real Estate Plus+ Daily News | Scoop.it
It would require banks and servicers to report the origination date of a mortgage, the property address for the collateral and outstanding balance of the loan at the beginning of the tax year.
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RealtyTrac: Share of seriously underwater foreclosures hits new low

RealtyTrac: Share of seriously underwater foreclosures hits new low | Real Estate Plus+ Daily News | Scoop.it
At the end of the second quarter there were 7,443,580 residential properties that were seriously underwater — where the combined loan amount secured by the property is at least 25% higher than the property’s estimated market value — representing 13.3% of all properties with a mortgage, according to the second quarter report from RealtyTrac.
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Nationstar Reports Second Quarter 2015 Financial Results

Nationstar Reports Second Quarter 2015 Financial Results | Real Estate Plus+ Daily News | Scoop.it
GAAP EPS of $0.69; Adjusted EPS of $0.32, up 28% QoQ

 


Servicing: Achieved 2.3 bps of profitability, up 1.6 bps QoQ; acquired $29B of servicing; $28B of outstanding commitments


Xome: Continued revenue growth; launched Xome.com website and mobile application


Originations: Delivered strong quarter of $59 million adjusted pretax income and funded $4.8 billion

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Google Translate Can Now Decipher Signs In 27 Languages

Google Translate Can Now Decipher Signs In 27 Languages | Real Estate Plus+ Daily News | Scoop.it
Google Translate’s real-time translation tool, first introduced in January, instantly transcribes a sign from a foreign language to your own when you point your phone camera at it—and now, the feature has expanded to cover 27 languages.
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Home Prices Continue to Rise Nationally; First Time Homebuyers Remain the Weak Spot: S&P/Case-Shiller | S&P Dow Jones Indices

Home Prices Continue to Rise Nationally; First Time Homebuyers Remain the Weak Spot: S&P/Case-Shiller | S&P Dow Jones Indices | Real Estate Plus+ Daily News | Scoop.it
Data released today for May 2015 show that home prices continued their rise across the country over the last 12 months.
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Quicken Loans adding 1,100 more employees in downtown Detroit

Quicken Loans adding 1,100 more employees in downtown Detroit | Real Estate Plus+ Daily News | Scoop.it
As part of its ongoing efforts to aid in the revitalization of downtown Detroit, Quicken Loans is set to add 1,100 new employees and expand into the former Detroit News building, according to a report from the Detroit News itself.
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Move, Inc. Bolsters Leadership Team

Move, Inc. Bolsters Leadership Team | Real Estate Plus+ Daily News | Scoop.it
Move, Inc., a subsidiary of News Corp [Nasdaq: NWS, NWSA] and operator of leading online real estate services provider realtor.com®, has bolstered its consumer-facing and strategic capabilities and built out its executive leadership team with the recent appointments of Tapan Bhat as chief product officer, Nate Johnson as chief marketing officer, Bryan Charap as chief financial officer and Hahn Lee as senior vice president, business development and strategy.
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Pitching the Perfect Image: A Look at Top Publishers' Image Sizes

Pitching the Perfect Image: A Look at Top Publishers' Image Sizes | Real Estate Plus+ Daily News | Scoop.it
Though there are many things to consider when designing an image for a campaign, one crucial thing often falls by the wayside: optimizing the image for the width of the site you're pitching. Editors don't want to make their readers have to struggle to understand your image, so if your design is too wide or narrow for the site you're pitching, you could easily be rejected.
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How Windows 10 Makes It Harder For You To Use Non-Microsoft Apps

How Windows 10 Makes It Harder For You To Use Non-Microsoft Apps | Real Estate Plus+ Daily News | Scoop.it
WEB BROWSING. EMAIL. CALENDAR. MICROSOFT’S WINDOWS 10 DEFAULTS TO MICROSOFT’S OWN CHOICES, AND MAKES IT HARDER FOR NON-MICROSOFT APPS TO COMPETE.
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Mortgage closing costs drop 7% to $1,847

Mortgage closing costs drop 7% to $1,847 | Real Estate Plus+ Daily News | Scoop.it
Mortgage closing costs declined 7% over the past year and now average $1,847 on a $200,000 loan, according to Bankrate.com.
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The 10 winning photos from National Geographic's 2015 Traveler Photo Contest

The 10 winning photos from National Geographic's 2015 Traveler Photo Contest | Real Estate Plus+ Daily News | Scoop.it
It's not an easy task to narrow down 17,000 images taken by intrepid world travelers — but that's what National Geographic has just finished doing for its 2015 Traveler Photo Contest.
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REDPLAN™ Announces New Board Members

REDPLAN™ Announces New Board Members | Real Estate Plus+ Daily News | Scoop.it
REDPLAN™, Inc., the real estate information industry data protection association, announced today that two more industry leaders have joined its Board of Directors: Chris Galler, Chief Executive Officer of the Minnesota Association of REALTORS®, and Victor Lund, founding partner of WAV Group and CEO of RE Technology.
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Cloud MLX - Lightning strikes twice

Cloud MLX  - Lightning strikes twice | Real Estate Plus+ Daily News | Scoop.it
Cloud MLX is an alternative front end to the MLS. Like all our “Cloud” products it will serve as a complement to existing MLS systems.
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Inventory Down Year-Over-Year for Fifth Straight Month, Offering Home Shoppers Little Relief

Inventory Down Year-Over-Year for Fifth Straight Month, Offering Home Shoppers Little Relief | Real Estate Plus+ Daily News | Scoop.it
There were fewer homes for sale in June than there were a year ago, increasing competition for potential buyers this home shopping season. Most of these declines were among the lowest-valued homes sought by first-time homebuyers, according to the first quarter Zillow® Real Estate Market Reportsi.
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Servicer focus on mortgage delinquencies severely impacts current borrowers

Servicer focus on mortgage delinquencies severely impacts current borrowers | Real Estate Plus+ Daily News | Scoop.it
Despite the percentage of loans in delinquency dropping to less than 5% of all loans in June, mortgage servicers are still paying an inordinate amount of attention to delinquent borrowers, severely impacting the servicers’ overall customer experience, a new report from J.D. Power shows.
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CoStar Increases Revenues by 16% Year on Year

CoStar Increases Revenues by 16% Year on Year | Real Estate Plus+ Daily News | Scoop.it
The CoStar Group has announced revenue for the second quarter of 2015 was $170.7 million, an increase of approximately 16% over revenue of $147.7 million for the second quarter of 2014.
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Black Knight Financial Services Reports Second Quarter 2015 Financial Results

Black Knight Financial Services Reports Second Quarter 2015 Financial Results | Real Estate Plus+ Daily News | Scoop.it
GAAP revenues for the second quarter of 2015 increased 8% to $232.1 million from $214.3 million in the prior year quarter. GAAP net earnings from continuing operations were $7.9 million compared to a loss of $24.6 million in the prior year quarter. The results for the second quarter of 2015 include $15.7 million of costs primarily associated with Black Knight's initial public offering, the refinancing and a charge resulting from the vesting of certain equity-based awards in connection with the initial public offering.
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A 2004 email from Jeff Bezos explains why PowerPoint presentations aren't allowed at Amazon

A 2004 email from Jeff Bezos explains why PowerPoint presentations aren't allowed at Amazon | Real Estate Plus+ Daily News | Scoop.it
Anytime an Amazon worker has an idea to discuss, they're asked to structure their pitch in the form of a four-to-six-page memo, which the company calls a "narrative."
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