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Real Estate Plus+ Daily News
Real Estate Related News Plus Miscellaneous Tech Stories and News of Interest
Curated by Russ Bergeron
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Foreclosure auctions rise in Cook County

Foreclosure auctions rise in Cook County | Real Estate Plus+ Daily News | Scoop.it

Almost 3,000 residential properties in Cook County were scheduled for foreclosure auctions in April, a level not seen since August 2010. The 2,945 scheduled residential auctions compares with 1,563 in March and 1,844 in April 2012, according to data to be released Thursday by RealtyTrac. While not all of those properties would be expected to complete the auction process, the uptick is considered a step forward in the local housing market’s recovery.

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Kwikset Kevo Unlocks Your Door with a Magic Touch

Kwikset Kevo Unlocks Your Door with a Magic Touch | Real Estate Plus+ Daily News | Scoop.it

Kwikset announced on Thursday a Bluetooth-enabled deadbolt lock that pairs up your iPhone 4S or iPhone 5, and will let you into your abode with a single touch. From the looks of it so far, there won't be an easier way to let yourself into your home.

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5 Lessons From Warren Buffett's Office Hours

5 Lessons From Warren Buffett's Office Hours | Real Estate Plus+ Daily News | Scoop.it
How does Warren Buffett paint the canvas of Berkshire Hathaway He gave an Office Hours interview unpacking the how and the why.
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When You Assume

When You Assume | Real Estate Plus+ Daily News | Scoop.it

Bottom line: we all assume things. But we don’t realize how often we do it. Assuming can cause major problems in our communications. That’s why 37signals’ Jason Fried suggests communicating with people the same way we would program a computer.

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Metro Area Home Price Growth Trend Continues in First Quarter

Metro Area Home Price Growth Trend Continues in First Quarter | Real Estate Plus+ Daily News | Scoop.it

Metropolitan area median home prices continued to rise in the first quarter, with the national gain showing the best year-over-year performance in over seven years, according to the latest quarterly report by the National Association of Realtors®.  A companion breakout of income requirements to purchase a median-priced home on a metro basis shows the typical buyer earns roughly double the income needed to buy a home in his or her area.

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Quick Critique of New York Times article “Challenge to Wisdom of Owning Home”

Quick Critique of New York Times article “Challenge to Wisdom of Owning Home” | Real Estate Plus+ Daily News | Scoop.it
By Lawrence Yun and Ken Fears The New York Times reviewed a new research paper by authors from Dartmouth and the University of Warwick in England that implies...
Russ Bergeron's insight:

Home ownership leads to unemployment??

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Infographic: Mortgage Interest Deductions By State

Infographic: Mortgage Interest Deductions By State | Real Estate Plus+ Daily News | Scoop.it

Share this KCM Blog infographic highlighting how many taxpayers in different states are claiming the mortgage interest deduction, an important tax benefit that facilitates homeownership. Illinois taxpayers claim the deduction at a higher rate than the U.S. average of 25.5 percent, according to the infographic, which uses data from the Pew Charitable Trusts.

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Surprise Is Still the Most Powerful Marketing Tool

Surprise Is Still the Most Powerful Marketing Tool | Real Estate Plus+ Daily News | Scoop.it

Yelp provides an early-warning system for dining out, by helping us avoid bad restaurants and alerting us to must-try items at good ones. Facebook lets us investigate a potential romantic interest before the first date. Turn-by-turn instructions from Google Maps prevent us from ever getting lost.

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@properties Co-Founders Named Ernst & Young Entrepreneur Of The Year 2013 Finalists

@properties Co-Founders Named Ernst & Young Entrepreneur Of The Year 2013 Finalists | Real Estate Plus+ Daily News | Scoop.it
@properties co-founders Michael Golden and Thaddeus Wong have been named finalists in the Ernst & Young Entrepreneur Of The Year 2013 program.
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Majority of Americans Expect Home Prices to Increase

Majority of Americans Expect Home Prices to Increase | Real Estate Plus+ Daily News | Scoop.it
American consumers are growing more and more confident with the housing recovery, according to Fannie Mae's latest National Housing Survey.
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Cherylynn's curator insight, May 10, 2013 6:28 PM

People also think that mortgages should be whatever they have now. Little do they know that this is not the truth.

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C.A.R. (Calif) reports 1st quarter 2013 housing affordability

C.A.R. (Calif) reports 1st quarter 2013 housing affordability | Real Estate Plus+ Daily News | Scoop.it

The percentage of home buyers who could afford to purchase a median-priced, existing single-family home in California dropped to 44 percent in the first quarter of 2013, down from 56 percent in first-quarter 2012 and from 48 percent in fourth-quarter 2012, according to C.A.R.’s Traditional Housing Affordability Index (HAI).

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Realtor gets cease & desist for another agent's listing in IDX

Realtor gets cease & desist for another agent's listing in IDX | Real Estate Plus+ Daily News | Scoop.it
We have obtained a copy of a cease and desist letter sent to a single Realtor for alleged trademark violations committed by his featuring another agent's listing through his IDX. This is not the first issue of its kind in recent months.
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dave_hanna's comment, May 10, 2013 10:09 AM
After all the rest of it there still is the basic premise of who is the real publisher, and the courts have consistently found. The display does not constitue publishing. The MLS, and or the brokerage that provided the original content are most likely to be found to be the liable party. This was also discussed in The NAR response to the fair housing case mentioned in the article.
Tim O'Keefe's comment, May 10, 2013 12:17 PM
Horrible that someone would want to help the broker sell a property. I have always wondered on these deals what the property owner may think when the broker is seeking to limit their exposure. I know the tired argument that the broker owns the listing. But in truth doesn't the home owner? And the home owner wants the housesold, and I would assume wants as much exposure as possible.
Tim O'Keefe's curator insight, May 10, 2013 12:24 PM

Horrible that someone would want to help the broker sell a property. I have always wondered on these deals what the property owner may think when the broker is seeking to limit their exposure. I know the tired argument that the broker owns the listing. But in truth doesn't the home owner? And the home owner wants the house sold, and I would assume wants as much exposure as possible. The fight for data ownership-the new frontier.More positive real estate news

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Trulia to Acquire Market Leader

Trulia to Acquire Market Leader | Real Estate Plus+ Daily News | Scoop.it

We are very excited to announce that Trulia has entered into a definitive agreement to acquire Market Leader, Inc. (NASDAQ: LEDR, “Market Leader”), a provider of Software as a Service (SaaS)-based software that helps agents generate, manage, engage and market to their contacts and provides enterprise tools for franchisors and brokerages to route leads, evaluate lead efficacy, manage agent performance, and track consumer trends.

Russ Bergeron's insight:

realestate.com?

 

Active Rain?

 

What else did they buy?

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Huggies App Sends You a Tweet When Your Baby Pees

Huggies App Sends You a Tweet When Your Baby Pees | Real Estate Plus+ Daily News | Scoop.it

Since the first disposable diapers hit the market until now, parents haven't needed an electronic device to tell them when their baby has wet himself. Huggies Brazil is attempting to address this perceived need with TweetPee, a fictional plastic device that attaches to a diaper and then tweets when your young one has urinated.

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Don't Let A Short Sale Or Foreclosure Keep You From Getting Back In The Housing Market

Don't Let A Short Sale Or Foreclosure Keep You From Getting Back In The Housing Market | Real Estate Plus+ Daily News | Scoop.it

For the millions of Americans who lost their homes in a foreclosure or short sale during the recession, things are starting to look up. In addition to receiving a piece of the $3.6 billion settlement that banks are distributing to borrowers who were wrongfully foreclosed on, some homeowners are now becoming "boomerang buyers" and re-entering the market after a foreclosure or short sale.

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Tracking: The Ban On Google Glass

Tracking: The Ban On Google Glass | Real Estate Plus+ Daily News | Scoop.it
A Las Vegas casino a Seattle dive bar and West Virginia legislators are already outlawing use of Google Glass. Are schools gyms movie theaters or...
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Disney kills 'Dia de los Muertos' trademark bid

Disney kills 'Dia de los Muertos' trademark bid | Real Estate Plus+ Daily News | Scoop.it

Can you trademark a holiday? Disney learned the hard way this week it’s best not to try, as the studio’s attempt to register “Dia de los Muertos” with the U.S. Patent and Trademark Office was met with vociferous criticism. The company has since withdrawn its applications

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The agent ratings ship has sailed

The agent ratings ship has sailed | Real Estate Plus+ Daily News | Scoop.it

NAR claims that there will not be any way to game their rating system. There is always a way to game the system. If a bad review is going to hurt my ability to make a living, I will game the system. Are Realtor associations really going to allow bad reviews of dues-paying members to be displayed on a website, when our code of ethics prevents us from saying anything negative about one another?

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Cherylynn's comment, May 10, 2013 6:46 PM
They could decide not to be involved with NAR or NAR may decide to value that code of ethics of that which I believe they have a class on. Truly though we do have the BBB for all business' and they tell of complaints. The thing that comes down to it seems to be the code. The question is who is keeping the code perfectly? This we can never know except when there is enough people in an area to vouch for the upright RE Agent.
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Video: Highlights from 2013 IAR Spring Conference & Expo

Video: Highlights from 2013 IAR Spring Conference & Expo | Real Estate Plus+ Daily News | Scoop.it

The Illinois Association of REALTORS® held its annual Spring Conference and Expo, May 8-9, at the Gateway Center in Collinsville, Ill. The event featured a chance for REALTORS® to earn CE credit and network. Watch video highlights

Russ Bergeron's insight:

It ain't no MREDpalooza but... http://www.mredpalooza.com

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IAR working to get answers to Section 8 landlord mandate in Cook County

IAR working to get answers to Section 8 landlord mandate in Cook County | Real Estate Plus+ Daily News | Scoop.it

The new rule passed by a 9-6 margin. Now, Illinois Association of REALTOR® advocates are trying to gain more details on how the policy will be implemented when it goes into effect Aug. 8 so the association can work with members to tell them what to expect.

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Trulia: Chicago Rents Soar in April

Trulia: Chicago Rents Soar in April | Real Estate Plus+ Daily News | Scoop.it

The latest Trulia Price Monitor, which analyzed rental and single-family home listings on the syndication site, spelled a familiar narrative for the national housing market, one of surging asking prices and faltering rents, though in Chicago, the housing story was a bit different.

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Freddie Mac, Fannie Mae Post Insane, Multi-Billion Dollar Q1 Incomes

Freddie Mac, Fannie Mae Post Insane, Multi-Billion Dollar Q1 Incomes | Real Estate Plus+ Daily News | Scoop.it
Freddie Mac and Fannie Mae, those long beleaguered GSEs, put up some of the strongest incomes in their history in 2013's first quarter.
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A Home Sale is Worth How Much to the Economy? Try $56,464

A Home Sale is Worth How Much to the Economy? Try $56,464 | Real Estate Plus+ Daily News | Scoop.it
We often hear about how beneficial home sales are for the greater economy, but NAR has finally done to research and slapped a value on the whole process.
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Five expected to do jail time in SoCal mortgage mod scam

Five expected to do jail time in SoCal mortgage mod scam | Real Estate Plus+ Daily News | Scoop.it

Five men convicted for their role in a mortgage loan modification scam that included fake letters with CitiFinancial or CitiMortgage logos are expected to do jail time after pleading guilty to violating a California law enacted in 2009 that makes it illegal to collect upfront fees for loan modification work or services.

Russ Bergeron's insight:

It might really be a good idea to have photos on business cards. :-)

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Jim White's curator insight, May 10, 2013 3:30 PM

Would you borrow form this guy? I hope not

Cherylynn's comment, May 10, 2013 6:23 PM
It is apparent he is a fraud.
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Longtime Realtors board leader Snavley to retire

Longtime Realtors board leader Snavley to retire | Real Estate Plus+ Daily News | Scoop.it

The 66-year-old CEO of the Cincinnati Area Board of Realtors is retiring May 31, to be replaced by Jim Abele, longtime head of the Multiple Listing Service of Greater Cincinnati. “Gene has been a tremendous steward,” board President Kevin Kelly said. “Having a well-run organization allows Realtors to go out and be productive.”

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