Real Estate Plus+ Daily News
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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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Housing market will thrive even with higher rates, economist says

Housing market will thrive even with higher rates, economist says | Real Estate Plus+ Daily News | Scoop.it

Housing growth will continue to be a powerful driver of economic growth even if the Federal Reserve pulls back and mortgage rates rise, CIBC World Markets chief economist Avery Shenfeld told CNBC in the interview, “Economist: Housing Will Thrive After Fed Exit.”

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Judicial states working through foreclosure sales at a faster rate

Judicial states working through foreclosure sales at a faster rate | Real Estate Plus+ Daily News | Scoop.it

Efforts to work through the inventory of foreclosure sales have been slow going in judicial states such as Illinois, where the foreclosure process must go through the courts. But the latest report from Lender Processing Services shows that foreclosure sales rates are picking up.

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Realtor Confidence Soars in April to New Highs

Realtor Confidence Soars in April to New Highs | Real Estate Plus+ Daily News | Scoop.it

According to NAR’s latest numbers, the Realtor Confidence Index for single-family properties hit 70 in April, while the measures for townhouses and condos hit respective levels of 51 and 44; all three measures are more than double their levels from the start of 2012.

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Fidelity National Financial, Inc. to Acquire Lender Processing Services, Inc. for $33.25 per Common Share; Pro-Forma 2012 Earnings Accretion of 11.3%

Fidelity National Financial, Inc. to Acquire Lender Processing Services, Inc. for $33.25 per Common Share; Pro-Forma 2012 Earnings Accretion of 11.3% | Real Estate Plus+ Daily News | Scoop.it

Fidelity National Financial, Inc. (NYSE:FNF), a leading provider of title insurance, mortgage services and diversified services, and Lender Processing Services, Inc. (NYSE:LPS), a leading provider of integrated technology, services, data and analytics to the mortgage and real estate industries, today announced the signing of a definitive agreement under which FNF will acquire all of the outstanding common stock of LPS for $33.25 per common share, for a total equity value of approximately $2.9 billion

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Chicago Home Prices Up 7.8 Percent March Case-Shiller

Chicago Home Prices Up 7.8 Percent March Case-Shiller | Real Estate Plus+ Daily News | Scoop.it

Though home prices in Chicago were flat from February to March in the latest Case-Shiller Home Price Indices from Standard & Poor’s, they showed considerable progress on a year-over-year basis, rising 7.8 percent

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RE/MAX to Open Office in Woodstock

RE/MAX to Open Office in Woodstock | Real Estate Plus+ Daily News | Scoop.it

In another sign of continued recovery for the real estate sector in Chicago, RE/MAX has plans to open a new office in Woodstock, Illinois, according to a recent Chicago Tribune Article. RE/MAX already owns two offices in McHenry County, and with the new office in Woodstock, they will finally have an office in that region’s largest city.

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RE/MAX Teams with Trulia to Accelerate Agent Success

RE/MAX Teams with Trulia to Accelerate Agent Success | Real Estate Plus+ Daily News | Scoop.it
Trulia, Inc.  , a leading online marketplace for homebuyers, sellers, renters and real estate professionals, today announced a marketing agreement with RE/MAX, one of the leading real estate franchise companies.
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Obama cracks down on patent trolls

Obama cracks down on patent trolls | Real Estate Plus+ Daily News | Scoop.it

Among the recommendations are protections for consumers sued by patent trolls, ensuring that the ITC has flexibility to hire qualified judges, and awarding attorney's fees for court filings deemed to be "abusive."

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Here's What You Need To Earn To Buy A Home In 25 Cities

Here's What You Need To Earn To Buy A Home In 25 Cities | Real Estate Plus+ Daily News | Scoop.it

To find out, HSH.com took the National Association of Realtors’ 2013 first quarter data for median home prices as well as our 2013 first quarter average interest rates for 30-year, fixed-rate mortgages to decipher how much money homebuyers in 25 major metros would need to earn in order to purchase the median-priced home in their market.

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Official Blog: Live from Google I/O: Mo’ screens, mo’ goodness

Official Blog: Live from Google I/O: Mo’ screens, mo’ goodness | Real Estate Plus+ Daily News | Scoop.it

This morning, we kicked off the 6th annual Google I/O developer conference with over 6,000 developers at Moscone Center in San Francisco, 460 I/O Extended sites in 90 countries, and millions of you around the world who tuned in via our livestream. Over the next three days, we’ll be hosting technical sessions, hands-on code labs, and demonstrations of Google's products and partners' technology.

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Single-family building permits jump as foreclosure starts drop

Single-family building permits jump as foreclosure starts drop | Real Estate Plus+ Daily News | Scoop.it
Single-family building permits jumped 27% in the first quarter year-over-year, marking the highest first-quarter total since 2008. Conversely, foreclosure starts in the U.S.
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CoreLogic Case-Shiller Home Price Indexes Affirm 2012 a Big Year for Home Price Increases, More to Come in 2013-2017

CoreLogic Case-Shiller Home Price Indexes Affirm 2012 a Big Year for Home Price Increases, More to Come in 2013-2017 | Real Estate Plus+ Daily News | Scoop.it
CoreLogic released an analysis of home price trends in more than 380 U.S. markets based on the CoreLogic Case-Shiller Indexes. The indexes are owned and generated by CoreLogic, supplemented with data from the Federal Housing Finance Agency (FHFA).
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Bidders Bring Stalled Chicago Spire Site Back to Life

Bidders Bring Stalled Chicago Spire Site Back to Life | Real Estate Plus+ Daily News | Scoop.it

As the housing market recovers, developers are placing bids on the site of the former Chicago Spire condominium property, which was once planned to be the tallest building in North America, but delayed due to construction.

According to people who are familiar with the bidding, Ireland’s National Asset Management Agency (NAMA) received a half-dozen offers in the initial round of bidding for about $93 million in debt it holds on the property.

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Federal Reserve: Economy growing at modest to moderate pace across U.S.

Federal Reserve: Economy growing at modest to moderate pace across U.S. | Real Estate Plus+ Daily News | Scoop.it

Economic activity increased at a modest to moderate pace in April and May according to the latest Beige Book report released today by the Federal Reserve. Residential real estate and construction activity increased in all 12 regional districts.

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April home sales up 25.3 percent from a year ago; Statewide median price at $145,900

April home sales up 25.3 percent from a year ago; Statewide median price at $145,900 | Real Estate Plus+ Daily News | Scoop.it

Illinois home sales increased 25.3 percent over previous-year levels in April and median prices increased 7.7 percent, according to the Illinois Association of REALTORS®. Statewide home sales (including single-family homes and condominiums) in April 2013 totaled 12,621 homes sold, up from 10,076 in April 2012. This was the best April performance since 2007.

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MRED Delivering MLS Services to REAL Trends Top Real Estate Brokerages

MRED Delivering MLS Services to REAL Trends Top Real Estate Brokerages | Real Estate Plus+ Daily News | Scoop.it

 REAL Trends Inc., recently released its annual REAL Trends 500, a list of the 500 largest and most productive real estate brokerages in the United States. Several of Midwest Real Estate Data's (MRED) member companies were cited as being among those with the highest sales dollar volumes and numbers of transactions in the country.

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Top 5 Chicago Brokerages Increased Sales From Last Year

Top 5 Chicago Brokerages Increased Sales From Last Year | Real Estate Plus+ Daily News | Scoop.it
Combined sales of the biggest Chicago brokerages jumped 27 percent from 2011, according to a report by research and publishing firm, REAL Trends Inc.
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RESAAS Brings Social Networking Super Powers to MREDpalooza

RESAAS Brings Social Networking Super Powers to MREDpalooza | Real Estate Plus+ Daily News | Scoop.it

RESAAS provides a social network designed to allow real-time updating of property listings as well as the ability to sync with social media sites such as Facebook and Twitter. Known as “real estate broadcasts”

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April pending and distressed sales report

April pending and distressed sales report | Real Estate Plus+ Daily News | Scoop.it

Distressed home sales continued to decline in April, as previously underwater homes rose in value, and the share of REO sales registered in the single-digits for the first time in more than five years, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported 

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MREDpalooza - Not Your Typical Real Estate Tech Fair

MREDpalooza - Not Your Typical Real Estate Tech Fair | Real Estate Plus+ Daily News | Scoop.it

"We expected to get interest from major real estate players like Trulia, Zillow and realtor.com – and we did" said MREDCEO Russ Bergeron. "We are also pleased by the strong support we are getting from many different sizes and types of companies, and not just from within the real estate industry."

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Kim Prior to Join FBS as VP of Business Development and Product Marketing

Kim Prior to Join FBS as VP of Business Development and Product Marketing | Real Estate Plus+ Daily News | Scoop.it
I'm very excited to announce that Kim Prior is joining FBS as Vice President of Business Development and Product Marketing. Kim will be working directly with me
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[Infographic] In a Mobile World Customer Reviews Matter More Than Ever Before

[Infographic] In a Mobile World Customer Reviews Matter More Than Ever Before | Real Estate Plus+ Daily News | Scoop.it

What that mobile world has created, however, is a brave new world for the consumer who now wields more power than ever. That power comes mostly in the form of reviews of a business’ products and services. It all leads to a customer who can voice great joy or great dissatisfaction with a business and that is power.

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The craziest thing Google announced on Wednesday - You can now *email money* to your friends

The craziest thing Google announced on Wednesday - You can now *email money* to your friends | Real Estate Plus+ Daily News | Scoop.it

But the craziest thing that Google introduced just might be a product that no one onstage in the three-hour keynote ever mentioned, or even hinted at. The announcement? It turns out that  you can now attach money to your email using Gmail.

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Everything You Missed From Google's Big Event

Everything You Missed From Google's Big Event | Real Estate Plus+ Daily News | Scoop.it

Google has revamped its key products and services, including Google Maps, further improved its social network Google+, and also released a streaming music service called Google Music All Access.

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Builder Confidence Surges in May

Builder Confidence Surges in May | Real Estate Plus+ Daily News | Scoop.it

Builder confidence at all levels of the homebuilding industry showed some of its strongest numbers in years in May, with both the Housing Market Index and the 55+ single-family Housing Market Index increasing. The indices, both of which are measured and released by the National Association of Home Builders (NAHB), reflected new levels of homebuilder optimism and greater interest from homebuyers.

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