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Daniel Gale Sotheby's Hosts Fine Watch Evaluation Day
Thu, 23 Feb 2012 12:18AM
Luxury Real Estate Blog, Daniel Gale Sotheby's Hosts Fine Watch Evaluation Day : Luxury Real Estate Blog Courtesy of Kathleen Caputi of Daniel Gale Sotheby's International Realty Locust Valley, NY ... Daniel Gale Sotheby's International Realty (DGSIR), one of the nation's leading realtors, recently hosted a Private Watch Evaluation Day conducted by Daryn Schnipper, Chairman of Watches at Sotheby' ... There are many benefits from our association with the Sotheby's Auction House, which also promotes real estate referral opportunities with their clientele ...
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Point2Homes Includes Foreclosure Feature for Buyers
Wed, 22 Feb 2012 11:18PM
DSNews.com, Point2Homes Includes Foreclosure Feature for Buyers Point2 announced a new feature on Point2 Homes that will make it easier for consumers to access and research thousands of bank owned and pre-foreclosure properties ... Point2 Homes accepts foreclosure listings from REO holding companies, including banks, and real estate Multiple Listing Service (MLS) organizations through an automated feed ...
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JVI Solutions, Active Data Technologies Forge Technology Agreement
Wed, 22 Feb 2012 11:12PM
DSNews.com, ActiveDT), the parent company of Foreclosure.com, announced Wednesday that the two Florida-based firms ... offer management and asset management software are just two of the flexible lender- and servicer-friendly services the firm provides to the distressed real estate marketplace ... this partnership will be a game changer for the mortgage and real estate industries.
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CoreLogic Announces Default Servicing Platform
Wed, 22 Feb 2012 10:37PM
DSNews.com, ... Default CoreLogic announced a default servicing platform for the mortgage industry created to simplify the way servicers manage loans through all stages of the default lifecycle ... DefaultView is one of the most transparent and cohesive solutions for managing default, said Kevin Wall, senior VP of default services for CoreLogic ... a unified approach to give servicers an unprecedented level of visibility into the path of a loan in default from beginning to end ...
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Market Report Shows Positive Trend But Weak Market Conditions
Wed, 22 Feb 2012 9:24PM
DSNews.com, Market indicators include average active market time, average listing price, number of foreclosure sales, number of active listings, number of new listings, average sold price, and number of sales ... The weak or soft ranking for most CBSAs is caused primarily by the high levels of properties in foreclosure or in REO status, according to the report ...
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Today’s News at a Glance
Wed, 22 Feb 2012 9:08PM
RISMedia, ... News at a Glance Click here for a summary of todays news or subscribe to our daily newsletter... REsource Real Estate Content Solutions provides access to thousands of RISMedia articles and videos starting as little as $9.95 ... Copyright 2011 RISMedia, The Leader in Real Estate Information Systems and Real Estate News.
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FHFA Sends Congress Strategic Plan for Fannie and Freddie
Wed, 22 Feb 2012 9:07PM
RISMedia, ... working with Congress and the Administration on a resolution of the conservatorships and a comprehensive review of the nations housing finance system, said DeMarco ... REsource Real Estate Content Solutions provides access to thousands of RISMedia articles and videos starting as little as $9.95 ... Copyright 2011 RISMedia, The Leader in Real Estate Information Systems and Real Estate News.
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CAP Proposes Plan to Put Americans Back to Work
Wed, 22 Feb 2012 9:06PM
RISMedia, In addition to proposing a new level of federal investment and how to pay for it, the report outlines a set of critical reforms to how the federal government funds, prioritizes ... Enact federal infrastructure allocation formulas based on objective measures of costs, need, and benefitsand require states and localities to ... Copyright 2011 RISMedia, The Leader in Real Estate Information Systems and Real Estate News.
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Top 5 in Real Estate Network® Spotlights: Working with Sellers in Challenging Times
Wed, 22 Feb 2012 9:04PM
RISMedia, Top 5 in Real Estate Network Spotlights: Working with Sellers in Challenging Times In the following spotlight, Lesley Geary of RISMedia chatted with Greg Waldmann of RE/MAX Alliance to learn how he educates sellers ... is important for sellers to understand that the laws of supply and demand govern all pricing and that a lower asking price will stimulate greater demand ... By maximizing exposure of the home using multiple media, you generate maximum demand and this frequently results in higher prices ...
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Deadline to Request Mortgage Review Extended to July 31
Wed, 22 Feb 2012 9:03PM
RISMedia, Deadline to Request Mortgage Review Extended to July 31 People seeking a review of their mortgage foreclosures under the Federal banking agencies Independent Foreclosure Review now have until July 31, 2012, to submit ... Borrowers are eligible for an Independent Foreclosure Review if they meet the following basic criteria: The mortgage loan was serviced by one of the participating mortgage servicers ...
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Productivity Boosters: Apps That Can Help
Wed, 22 Feb 2012 9:02PM
RISMedia, ... Channel, catch up on last Sundays Meet the Press, or cue up podcasts of news and other programs... to options for printing to a WiFi-connected printer or for e-mailing your work or sharing it via iTunes or a couple of other services ... MCT Information Services Copyright 2011 RISMedia, The Leader in Real Estate Information Systems and Real Estate News.
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2012 Starts with Increased Sales and Stable Prices
Wed, 22 Feb 2012 9:01PM
RISMedia, In the 53 metro areas, home prices were down only 0.8 percent from one year ago, building a trend of much anticipated price stabilization ... year will hopefully set the tone for a continuing housing recovery thats drawing home buyers with low interest rates and low prices, says Margaret Kelly, CEO of RE/MAX, LLC ...
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RES.NET Offers Loyal Reward Program for Agents
Wed, 22 Feb 2012 7:49PM
DSNews.com, ... RES.NET recently launched a customer loyalty program for real estate agents... that use our system daily, said Rob Pajon, VP of Marketing at RES.NET... eligible to attend special events with asset managers and short sale servicers that use the RES.NET system... California-based RES.NET is an infrastructure of diverse real estate professionals and supporting software applications.
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Existing-home sales post third gain in 4 months
Wed, 22 Feb 2012 7:45PM
Inman News, NAR said foreclosures and short sales accounted for 35 percent of sales in January, and that the national median existing-home price for all housing types was down 2 percent from a year ago ... A survey of NAR members showed more than half had at least one contract canceled or delayed in January, often as a result of a mortgage application being turned down or because appraisals come in below the negotiated price ...
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Reverse exchange can secure bargain real estate
Wed, 22 Feb 2012 7:21PM
Inman News, An acquaintance of mine for more two decades and a longtime real estate investor, Blanks had been in a holding pattern for ... past 18 months, waiting for more positive signs in home sales... one investment property and then buying another investment property of equal or greater value within certain time frames.
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Why we can't shake name brands from our brains
Wed, 22 Feb 2012 7:12PM
Inman News, ... guy/gal who does plumbing, works on your type of car, or sells real estate, when you're in the market to buy or sell yourself ... Lindstrom points to the example of how brands market and sell the juice of the goji berry with packaging that implies or expressly says the products are Himalayan in origin, evoking associations of Buddhism, enlightenment and wellness ...
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Hot swimsuit model offers real estate marketing lesson
Wed, 22 Feb 2012 7:06PM
Inman News, Hot swimsuit model offers real estate marketing lesson Real estate advertising can be a bit predictable: house photo, a Realtor headshot, company info, witty tag line ... This article may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News ... Use of this article without permission is a violation of federal copyright law ...
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Updated Realtor.com app: search for REOs, price-reduced homes
Wed, 22 Feb 2012 6:58PM
Inman News, Homes that are still in the foreclosure process or that have been repossessed by lenders are not displayed on Realtor.com unless they have been advertised for sale in a multiple listing service ... Users who search for "foreclosed" properties will see homes that have been repossessed by banks (often referred to as real estate owned or "REO" properties), for example, but only those that have been listed for sale in an MLS ...
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Avoid the “Professional Tenant”
Wed, 22 Feb 2012 6:58PM
Boston Real Estate Now, Avoid the Professional Tenant - Boston Real Estate Now Attorney Richard D... As the saying goes, an ounce of prevention is worth a pound of cure. I have come across a sub-set of tenants which are extremely dangerous to Massachusetts landlords... Let me give you the profile of a typical Professional Tenant.
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Experts Respond to January Home Sales Report
Wed, 22 Feb 2012 6:15PM
DSNews.com, Slow, but steady gains in existing-home sales, falling inventories, and softening in the median house price depreciation all point to a good start for 2012 ... The Northeast, Midwest, South and West increased in home sales Capital Economics: Existing home sales rose in each of the four regions in January, including an 8.8 percent ... Moreover, housing remains highly affordable, with mortgage rates near record lows and house prices still declining in many regions of the country ...
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No consensus on real estate dual agency, double-ending
Wed, 22 Feb 2012 5:49PM
Inman News, No consensus on real estate dual agency, double-ending Editor's note: This article is part of an ongoing series focusing on dual agency and other forms of real estate representation ... The accessibility of real estate resources on the Internet has actually contributed to the prevalence of dual agency, some real estate professionals say ...
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Grubb & Ellis Bankruptcy Filing Precipitated By Numerous Defections
Wed, 22 Feb 2012 5:06PM
Banker & Tradesman, ... cash reserves needed to push through the first quarter of the year... our clients and strengthens our position in the commercial real estate marketplace," said Thomas P... Beyond Boston, Grubb has lost "hundreds" of brokers across the country, according to multiple industry sources ... contract, valued $40 million in 2011; a merger with real-estate investment firm NNN Realty Advisors Inc.
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Kentucky Court Throws Out MERS Lawsuit
Wed, 22 Feb 2012 5:05PM
Banker & Tradesman, ... court in Kentucky has dismissed a suit against the Mortgage Electronic Registration System (MERS) brought by that state's county ... seek to recover is recording fee revenue from assignments of mortgages," the court wrote in its decision... did not provide a statutory mechanism for the recovery of fees for unfiled assignments by county clerks.
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FHLBB 2011 Net Skyrockets On Improved Assets, Margins
Wed, 22 Feb 2012 5:04PM
Banker & Tradesman, ... Tradesman Wednesday, February 22, 2012, 12:04pm The Federal Home Loan Bank of Boston's net income shot up almost 50 percent last year ... bringing its 2011 total to $159.6 million, an increase of $53 million over 2010... on the returns, the bank's board authorized a dividend of 0.49 percent, to be paid March 2.
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Brookline Fire Victims Eligible For SBA Aid
Wed, 22 Feb 2012 5:02PM
Banker & Tradesman, The declaration covers residents of Norfolk County and the adjacent counties of Bristol, Middlesex, Plymouth, Suffolk and Worcester in Massachusetts; and ... The SBA is strongly committed to providing the people of Massachusetts with the most effective and customer-focused response possible to assist homeowners, renters, and businesses of all sizes with federal disaster loans," SBA Administrator Karen ...
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Franklin Street Properties Q4 Net Income Falls 15 Percent
Wed, 22 Feb 2012 5:00PM
Banker & Tradesman, a Wakefield-based investment firm specializing in real estate, reported funds from operations of $18.5 million and $71.2 million, for the fourth quarter and year ended Dec... The company also announced net income of $5.1 million and $43.5 million, and earnings for the fourth quarter and year ended Dec. 31, 2011, respectively.
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Federal Home Loan Bank of Boston: Profits up amid continued mortgage pain
Wed, 22 Feb 2012 5:00PM
Boston Business Journal, Still, the par value of mortgage-backed bonds, worth $6.4 billion in September 2007, was only $2.5 billion at the end of 2011 ... The Federal Home Loan Bank of Boston , a chief source of funds for mortgage lending, said today advances to lenders fell $2.8 billion ... Still, the par value of mortgage-backed bonds, worth $6.4 billion in September 2007, was only $2.5 billion at the end of 2011 ...
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Existing home sales rise in January
Wed, 22 Feb 2012 4:44PM
Boston Business Journal, ... in the past four months, according to the National Association of Realtors... He noted that the increase in home sales is in line with underlying fundamentals pent-up household formation, record-low mortgage interest rates, bargain home prices, sustained job creation and rising rents ... Total housing inventory at the end of January fell 0.4 percent to 2.31 million existing homes available for sale, which represents a 6.1-month supply ...
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Existing Home Sales Nationwide At 1-1/2 Year-High, Supply Falls
Wed, 22 Feb 2012 4:05PM
Banker & Tradesman, The National Association of Realtors (NAR) said on Wednesday existing home sales increased 4.3 percent to an annual rate of 4.57 million units last month, the highest since May ... report was the latest to add to tentative signs of improvement in the housing market... Distressed properties, foreclosures and short sales, which typically occur at deep discounts, accounted for 35 percent of overall sales last month, up from 32 percent in ...
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Signs of seller flexibility?
Wed, 22 Feb 2012 11:00AM
Boston Real Estate Now, Boston Real Estate Now Sellers have been dangerously oblivious to the market downturn, no more so in the Boston area, where every home is just so special that no ordinary price will do ... The market may be down, but not my house" has been the refrain of more than one seller confronted with the reality of a less than stellar market ...






