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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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Investors Clear Backlogs, Snap Up Single-Family Rentals

Investors Clear Backlogs, Snap Up Single-Family Rentals | Real Estate Plus+ Daily News | Scoop.it

The Blackstone Group has become the largest investor in the U.S. of single-family rental homes, spending more than $1 billion so far this year, The Wall Street Journal reports. The private-equity firm has purchased more than 6,500 foreclosed homes this year in eight metro areas.

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Galante: FHA will not participate in REO-to-rental

Galante: FHA will not participate in REO-to-rental | Real Estate Plus+ Daily News | Scoop.it
"Looking at an REO-to-rental strategy, and while a rental strategy is very important, we decided it wasn't the best solution for the FHA, servicers, borrowers and their communities," FHA Acting Commissioner Carol Galante said at the HousingWire...
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Home prices on the rise in nation's swing states: Trulia

Home prices on the rise in nation's swing states: Trulia | Real Estate Plus+ Daily News | Scoop.it
Real estate data provider Trulia says home prices in six out of seven presidential swing states are on the rise.
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Seth's Blog: Waiting for all the facts

Seth's Blog: Waiting for all the facts | Real Estate Plus+ Daily News | Scoop.it
"I'm just going to wait until all the facts are in..." All the facts are never in. We don't have all the facts on the sinking of the Titanic, on the efficacy of social media or on whether dogs make...
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Looking to the future and how it affects your bottom line

Looking to the future and how it affects your bottom line | Real Estate Plus+ Daily News | Scoop.it

Augmented reality that will change the way we see the world around us. Innovative 3-D printers that could change how homes and other goods are manufactured. Smart devices could allow things such as a chair or tool to “talk” and report whether you are using it correctly.

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Unemployment rate drops to 7.8% in September

Unemployment rate drops to 7.8% in September | Real Estate Plus+ Daily News | Scoop.it
Hiring in health care, transportation and warehousing increased, while other industries experienced little change in employment growth. During the first eight months of the year, the unemployment rate fluctuated between 8.1% and 8.3%.

 

In case you hadn't heard.

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More Housing Markets Added to ‘Improving’ List

More Housing Markets Added to ‘Improving’ List | Real Estate Plus+ Daily News | Scoop.it
A total of 103 housing markets now make up the Improving Markets Index, the largest amount since the index’s creation a year ago.
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New Home Listings In The MLS Need To Conform To Compensation Rules

New Home Listings In The MLS Need To Conform To Compensation Rules | Real Estate Plus+ Daily News | Scoop.it

In many parts of the country new home builders are making a comeback; and that is certainly good news for both the industry and the national economy. In my market area, and probably in others, many of the builders are placing their inventory into the MLS.

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Move Inc. adds 2 Yahoo execs | Inman News

Move Inc. adds 2 Yahoo execs | Inman News | Real Estate Plus+ Daily News | Scoop.it
Realtor.com operator focused on search and social media marketing. Move Inc. adds 2 Yahoo execs Marketing and search, social Move Inc., operator of popular real estate search site Realtor.com, has added two former Yahoo, Inc.
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Startup abandons FSBO platform | Inman News

Startup abandons FSBO platform | Inman News | Real Estate Plus+ Daily News | Scoop.it

A month after launching, a San Francisco-based real estate startup has dropped its flat-fee service for for-sale-by-owner sellers to focus on serving real estate agents.

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Make the mechanics of homebuying as easy as purchasing a latte | Inman News

Make the mechanics of homebuying as easy as purchasing a latte | Inman News | Real Estate Plus+ Daily News | Scoop.it
Perspective: Real estate industry needs vision. Before entering an open house, I swipe my iPhone on a tiny device operated by Square Inc., the mobile payment service. The device is attached to the front door of the home, like a lockbox.
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SBA Raises Revenue Standards for Real Estate

SBA Raises Revenue Standards for Real Estate | Real Estate Plus+ Daily News | Scoop.it
The U.S. Small Business Administration will be increasing revenue standards for several categories within the real estate industry.
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NAHREP Releases Nation’s First Ever Top Latino Real Estate Agent 2012 Rankings | Business Wire | Rock Hill Herald Online

NAHREP Releases Nation’s First Ever Top Latino Real Estate Agent 2012 Rankings | Business Wire | Rock Hill Herald Online | Real Estate Plus+ Daily News | Scoop.it
The National Association of Hispanic Real Estate Professionals (NAHREP), the nation’s leading trade association for Hispanics in the housing industry, released the industry’s first ever comprehensive list of the top-producing Latino residential...
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Refi Apps Soar to 3-Year Highs

Refi Apps Soar to 3-Year Highs | Real Estate Plus+ Daily News | Scoop.it
Mortgage applications for refinancings and home purchases posted strong gains this week following record-low interest rates, the Mortgage Bankers Association reports.
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CoreLogic: Foreclosure inventory shrinks to smallest level since April 2010

CoreLogic: Foreclosure inventory shrinks to smallest level since April 2010 | Real Estate Plus+ Daily News | Scoop.it
The five states holding the highest foreclosure inventory as a percentage of all mortgaged homes are: Florida (11%), New Jersey (6.5%), New York (5.2%), Illinois (4.8%) and Nevada (4.6%).
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MBA: 2011 multifamily lending reached $110 billion, up 60% from 2010

MBA: 2011 multifamily lending reached $110 billion, up 60% from 2010 | Real Estate Plus+ Daily News | Scoop.it
However, interest in the multifamily segment may be cooling just as fast as it heated up in the wake of the single-family housing crisis, according to new report that cites a shrinking third-quarter apartment absorption rate.
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IDFPR still working to complete transition applications

IDFPR still working to complete transition applications | Real Estate Plus+ Daily News | Scoop.it

There are about 55,350 licensed real estate practitioners in Illinois, and the state agency handling the process said it is still working to resolve some incomplete applications.

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Hopeful signs in housing market - Crain's/Ipsos Illinois poll:

Hopeful signs in housing market - Crain's/Ipsos Illinois poll: | Real Estate Plus+ Daily News | Scoop.it
(Crain's) — More than a third of Illinois residents believe the residential real estate market is recovering, and more than half say the decline in home values in recent years has had no impact on their lives.
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First-time buyers skip the starter home

First-time buyers skip the starter home | Real Estate Plus+ Daily News | Scoop.it
Joseph and Kayla Simons aren't your typical first-time home buyers...

 

A trend or an anecdote?

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President Obama scorecard shows home equity highest since 3Q 2008

President Obama scorecard shows home equity highest since 3Q 2008 | Real Estate Plus+ Daily News | Scoop.it
Homeowner equity jumped $406 billion, or 5.9%, to $7.28 trillion in the second quarter.
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Trulia working with more MLSs on listing data quality | Inman News

Trulia working with more MLSs on listing data quality | Inman News | Real Estate Plus+ Daily News | Scoop.it

Real estate search and marketing company Trulia is making strides in its push to cooperate with multiple listing services nationwide in order to better the quality of listing information online.

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Matchmaking site forgoes list prices | Inman News

Matchmaking site forgoes list prices | Inman News | Real Estate Plus+ Daily News | Scoop.it
H. Prospect uses detailed algorithm to match buyers and sellers. A new home "matchmaking" site launched this week aims to bring prospective homebuyers and sellers together in off-market deals -- without list prices.
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Seth's Blog: The curse of incremental improvement

Seth's Blog: The curse of incremental improvement | Real Estate Plus+ Daily News | Scoop.it
In an industrial, competitive culture, most things are just barely good enough. Cell phone calls, if they were any worse, would be unusable. MP3 files sound not nearly as good as they could. Car mileage goes up, but really slowly....
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MRIS going it alone in NeighborCity copyright suit | Inman News

MRIS going it alone in NeighborCity copyright suit | Inman News | Real Estate Plus+ Daily News | Scoop.it
MLS won't take money it requested from NAR to help pay for legal battle . Mid-Atlantic multiple listing service Metropolitan Regional Information Systems Inc.
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Jobless claims fall by 26,000

Jobless claims fall by 26,000 | Real Estate Plus+ Daily News | Scoop.it
The report ends days of negative economic data in the wake of the Fed's decision to launch another round of quantitative easing to stimulate job creation.
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