Real Estate Plus+ Daily News
70.3K views | +3 today
Follow
 
Scooped by Russ Bergeron
onto Real Estate Plus+ Daily News
Scoop.it!

Freddie Mac’s pick for most affordable U.S. metro? Decatur, Illinois

Freddie Mac’s pick for most affordable U.S. metro? Decatur, Illinois | Real Estate Plus+ Daily News | Scoop.it

Decatur, Illinois is the most affordable metro area in the entire country, according to Freddie Mac’s latest quarterly analysis of housing affordability.

more...
No comment yet.
Real Estate Plus+ Daily News
Real Estate Related News Plus Miscellaneous Tech Stories and News of Interest
Curated by Russ Bergeron
Your new post is loading...
Your new post is loading...
Scooped by Russ Bergeron
Scoop.it!

Take The Pledge To Travel Better

Take The Pledge To Travel Better | Real Estate Plus+ Daily News | Scoop.it
When you choose experiences and vendors that are owned, managed, staffed, and baked into the local economy, you’ll not only benefit the local people, you’ll be better for it yourself.
more...
No comment yet.
Scooped by Russ Bergeron
Scoop.it!

The most expensive home for sale in every state

The most expensive home for sale in every state | Real Estate Plus+ Daily News | Scoop.it
America's most expensive home is currently a 38,000-square-foot spec home in Bel Air. Listed for $250 million, it also comes outfitted with furniture, but it's far from standard: think decommissioned decorative helicopters, gigantic Leica camera sculptures, and velvet-roped lounge areas.
more...
No comment yet.
Scooped by Russ Bergeron
Scoop.it!

Economy adds 211,000 jobs in April

Economy adds 211,000 jobs in April | Real Estate Plus+ Daily News | Scoop.it
The total nonfarm employment increased by 211,000 in April, according to the U.S. Bureau of Labor Statistics. This is up from March’s increase of 79,000 and nearly matches February’s increase of 235,000.

Both the unemployment rate and the number of unemployed persons barely moved. The unemployment came in at 4.4%, while the number of unemployed persons came in at 7.1 million in April.
more...
No comment yet.
Scooped by Russ Bergeron
Scoop.it!

Japan is GPS tagging dementia patients to track them down when they get lost

Japan is GPS tagging dementia patients to track them down when they get lost | Real Estate Plus+ Daily News | Scoop.it
tiny trackers to stick on dementia patients so family and care workers can find them quickly if they wander off, Mashable reports. The tags can be attached to shoes and then tracked via a companion app or a tabletop detector, and it seems that they are on the right track—in testing they were able to find someone in just 10 minutes using their tags. 
more...
No comment yet.
Scooped by Russ Bergeron
Scoop.it!

Denver Has Many More Real Estate Agents Than Real Estate Listings

Denver Has Many More Real Estate Agents Than Real Estate Listings | Real Estate Plus+ Daily News | Scoop.it
Experts suggest that the inventory in Denver's red-hot housing market is at an all-time low. But there's no shortage of real estate agents looking to sell the homes that have been listed. Right now, there are more agents than there are properties on the market in Denver, and perhaps as many as ten times more.
more...
No comment yet.
Scooped by Russ Bergeron
Scoop.it!

Seriously delinquent mortgages drop by 1.2 million homes annually

Seriously delinquent mortgages drop by 1.2 million homes annually | Real Estate Plus+ Daily News | Scoop.it
Homes that are seriously underwater, where the combined loan amount secured by the property was at least 25% higher than the property’s estimated market value, dropped 1.2 million from last year’s 6.7 million to 5.5 million in the first quarter of 2017. However, this is up from the fourth quarter’s 5.4 million.
more...
No comment yet.
Scooped by Russ Bergeron
Scoop.it!

ADP predicts moderate job increase in April

ADP predicts moderate job increase in April | Real Estate Plus+ Daily News | Scoop.it
Employment is set to increase in April, however construction jobs could see a decrease, according to the ADP National Employment Report.

Jobs are predicted to increase by 177,000 for the month, according to the report. While this is down from last month’s predicted increase of 263,000, it is up significantly from March’s actual jobs increase of just 98,000.
more...
No comment yet.
Scooped by Russ Bergeron
Scoop.it!

Here’s the real state of the housing market

Here’s the real state of the housing market | Real Estate Plus+ Daily News | Scoop.it
On the third day of Mortgage Bankers Association National Secondary Market Conference and Expo in New York City, three economists took the stage to explain their view of the housing market, and their forecast for 2017.

Freddie Mac Chief Economist Sean Becketti, Fannie Mae Chief Economist Doug Duncan and MBA Chief Economist Mike Fratantoni gave their projections over the chance of a recession within the next 12 months.
more...
No comment yet.
Scooped by Russ Bergeron
Scoop.it!

It's official: Nationstar will become Mr. Cooper in August 2017

It's official: Nationstar will become Mr. Cooper in August 2017 | Real Estate Plus+ Daily News | Scoop.it
A journey that Nationstar Mortgage first began way back in 2015 is nearing its conclusion, as the company announced Tuesday morning that it will officially transition and become Mr. Cooper in August 2017.
more...
No comment yet.
Scooped by Russ Bergeron
Scoop.it!

Black Knight’s Mortgage Monitor: 19 Percent of Active HELOCs Are Scheduled to Reset in 2017; Represents Final Wave of Pre-Crisis Home Equity Lines

Black Knight’s Mortgage Monitor: 19 Percent of Active HELOCs Are Scheduled to Reset in 2017; Represents Final Wave of Pre-Crisis Home Equity Lines | Real Estate Plus+ Daily News | Scoop.it
More than 1.5 million home equity lines of credit (HELOCs) will see interest-only draw periods end in 2017, with payments becoming fully amortizing, roughly 100,000 less than in 2016
Just under $100 billion in outstanding unpaid principal balances (UPB) on HELOCs are facing resets in 2017, with an average $62,500 UPB per line of credit
more...
No comment yet.
Scooped by Russ Bergeron
Scoop.it!

19 of the most stunning libraries across the US

19 of the most stunning libraries across the US | Real Estate Plus+ Daily News | Scoop.it
Libraries are not just spaces to grab a book, read, and study.

They can also be architectural masterpieces that tell a story about the time and place they were built.

Over the last two decades, photographer Thomas Schiff has captured panoramic photos of over 100 beautiful libraries across the US.
more...
No comment yet.
Scooped by Russ Bergeron
Scoop.it!

Zillow officially launches RealEstate.com, new site for Millennials, first-time buyers

Zillow officially launches RealEstate.com, new site for Millennials, first-time buyers | Real Estate Plus+ Daily News | Scoop.it
Zillow Group officially launched its new real estate search site, RealEstate.com, on Tuesday morning, unveiling a web experience designed to help more Millennials and prospective first-time homebuyers become actual homebuyers.
more...
No comment yet.
Scooped by Russ Bergeron
Scoop.it!

CoreLogic: Home prices continue upward trend in March

CoreLogic: Home prices continue upward trend in March | Real Estate Plus+ Daily News | Scoop.it
Home prices, to no surprise, continued their upward trend in March, increasing both year over year and month over month, according to the Home Price Index from CoreLogic, a global property information, analytics and data-enabled solutions provider.

Home prices nationwide, including distressed sales, increased year over year by 7.1% in March 2017 compared with March 2016.
more...
No comment yet.
Scooped by Russ Bergeron
Scoop.it!

The 26 major cities with the highest quality of life in the world

The 26 major cities with the highest quality of life in the world | Real Estate Plus+ Daily News | Scoop.it
In 2017, for the first time, Deutsche Bank has included a ranking of the quality of life in 47 cities around the world. The ranking is based on eight sub-indexes compiled by crowd-sourced information database Numbeo, which create a broad picture of what it is like to live in different cities.
more...
Scooped by Russ Bergeron
Scoop.it!

Bionic hand uses built-in camera to home in on objects

Bionic hand uses built-in camera to home in on objects | Real Estate Plus+ Daily News | Scoop.it
Biomedical engineers at Newcastle University are giving new meaning to hand-eye co-ordination by fitting a bionic hand with a camera. Designed to usher in a new generation of smarter prosthetic limbs, the hand undergoing clinical trials uses an off-the-shelf camera combined with machine learning to allow patients to grasp objects automatically without consciously operating the device.
more...
No comment yet.
Scooped by Russ Bergeron
Scoop.it!

Experts weigh in: Positive jobs report fails to fix what’s wrong with housing

Experts weigh in: Positive jobs report fails to fix what’s wrong with housing | Real Estate Plus+ Daily News | Scoop.it
Economists agree that the April jobs report proved the economy is moving along at a healthy pace despite the disappointing job numbers in March.

But when it comes to the housing market specifically, this positi
more...
No comment yet.
Scooped by Russ Bergeron
Scoop.it!

Here’s Google’s official statement on today’s fast-spreading phishing attack

Here’s Google’s official statement on today’s fast-spreading phishing attack | Real Estate Plus+ Daily News | Scoop.it
a new type of phishing attack popped up, targeting Google Docs/Gmail users and spreading like crazy. Well-disguised and infuriatingly subtle, just a click or two (on what was an actual Google-hosted URL, no less) handed some mystery attacker the ability to read your Gmail and forwarded the phishing attack to everyone you’d ever emailed.
more...
No comment yet.
Scooped by Russ Bergeron
Scoop.it!

More than half of Americans plan home purchase within 5 years

More than half of Americans plan home purchase within 5 years | Real Estate Plus+ Daily News | Scoop.it
The lender’s Home Buying Report also reveals that 90% of first-time buyers are or intend to get a mortgage preapproval before beginning their home search while more than three-quarters of buyers set a budget before searching and stick to it!
more...
No comment yet.
Scooped by Russ Bergeron
Scoop.it!

FOMC unanimously votes against raising interest rates

FOMC unanimously votes against raising interest rates | Real Estate Plus+ Daily News | Scoop.it
The Federal Open Market Committee unanimously voted to hold off on raising interest rates in May after announcing a rate hike the previous meeting.

According to the FOMC announcement, “Information received since the Federal Open Market Committee met in March indicates that the labor market has continued to strengthen even as growth in economic activity slowed.”
more...
No comment yet.
Scooped by Russ Bergeron
Scoop.it!

No Sale: Retail Jobs, Under Fire, Play an Important Role in Paying the Rent 

No Sale: Retail Jobs, Under Fire, Play an Important Role in Paying the Rent  | Real Estate Plus+ Daily News | Scoop.it
American retail workers had a rough start to 2017, with department stores and general retail shops shedding tens of thousands of jobs in Q1. And continued losses could imperil hundreds of thousands of households that depend on the income from a retail worker to pay the rent or mortgage each month.
more...
No comment yet.
Scooped by Russ Bergeron
Scoop.it!

Could open auctions make Toronto’s real estate market more fair?

Could open auctions make Toronto’s real estate market more fair? | Real Estate Plus+ Daily News | Scoop.it
Ray Wood comes from a family with a long history of selling real estate in Australia. He gave up the game himself about nine years ago when he moved to the Toronto area for family reasons. He now focuses on his real estate related marketing business.

But the 56-year-old maintains some strong opinions about real estate practices, particularly the blind bidding wars that have Toronto-area buyers competing with no idea what others are offering on the same property.
more...
No comment yet.
Scooped by Russ Bergeron
Scoop.it!

Remember where you parked with Google Maps

Remember where you parked with Google Maps | Real Estate Plus+ Daily News | Scoop.it

Some say it’s about the journey, not the destination—but we think it’s about a little of both. Now, Google Maps for Android and iOS will not only help you get where you’re going, but it’ll help you remember where you parked once you’ve arrived. Here’s how it works

more...
No comment yet.
Scooped by Russ Bergeron
Scoop.it!

Angie’s List will merge with HomeAdvisor after finally accepting IAC’s acquisition offer

Angie’s List will merge with HomeAdvisor after finally accepting IAC’s acquisition offer | Real Estate Plus+ Daily News | Scoop.it
After two years of wooing, Angie’s List has finally agreed to be acquired by IAC. After the deal closes, Angie’s List will combined with HomeAdvisor, IAC’s home services marketplace, into a new public company called ANGI Homeservices.
more...
No comment yet.
Scooped by Russ Bergeron
Scoop.it!

Rates Have Disproportionate Impact on Refi Pool

Rates Have Disproportionate Impact on Refi Pool | Real Estate Plus+ Daily News | Scoop.it
Today the rate of serious delinquencies (i.e. more than 90 days past due) among condo loans is 36 percent below that of single-family loans while delinquency rates overall are 44 percent lower. Black Knight points out this is not new.  At this same point in 2006, condos had a serious delinquency rate 55 percent lower than that of SFR.
more...
No comment yet.
Scooped by Russ Bergeron
Scoop.it!

Dual Agency vs. Designated Agency: Understand the Difference

Dual Agency vs. Designated Agency: Understand the Difference | Real Estate Plus+ Daily News | Scoop.it
n an ideal world, you would be able to do a quick search for a REALTOR® and pick the first one you find to get knowledgeable, effective representation in your real estate transaction. Unfortunately, there are certain business relationships between real estate agents and clients that can present problems for the client–in many cases without the client ever being aware of it.
more...
No comment yet.