Monday Morning Cup of Coffee: Trump to nominate Kathy Kraninger to lead…

17-06-2018

On Saturday, the White House confirmed that President Donald Trump will nominate Office of Management and Budget official Kathy Kraningen to lead the Consumer Financial Protection Agency. Plus, Zillow and Trulia are hit with a patent infringement lawsuit and megabanks are set to pay out more than $170 billion to...

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The foreign demand for Australian commercial property

17-06-2018

James Quigley of Cushman & Wakefield says Australia has the "perfect conditions" to attract foreign interest in its commercial real estate market.Read more: https://www.cnbc.com/video/2018/06/17/the-foreign-demand-for-australian-commercial-property.html

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Ford plans to revive long-vacant Michigan Central station as hub for its…

17-06-2018

The station, which looms over Detroit's Corktown neighborhood, has stood empty since the last train left in 1988.Read more: https://www.cnbc.com/2018/06/17/ford-to-revive-michigan-central-station-as-its-self-driving-car-hub.html

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Family Teams: The New Succession Planning Model?

17-06-2018

This month’s National Association of REALTORS® (NAR) Power Broker Roundtable discusses family teaming and succession planning. ModeratorChristina Pappas, District Sales Manager, The Keyes Company, Miami, Fla.; Liaison for Large Firms & Industry Relations, NAR PanelistsOB Jacobi, Co-President, Windemere Real Estate, Seattle, Wash. Jason Waugh, President/CEO, Berkshire Hathaway HomeServices Northwest Properties, Portland, Ore. Debbie Lupole...

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New Study: 2018 Real Estate IRA Trends Revealed

17-06-2018

From single-family houses to apartment buildings and commercial properties, Entrust clients have a long history of investing in real estate to bolster and diversify their retirement savings portfolios. Our new 2018 Real Estate Investor Market Research Report offers analysis and insights into where and what kinds of transactions Entrust clients...

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Study Shows Slight Gap Between Owner Perception and Appraiser Opinion of Home

15-06-2018

Homeowners and appraisers are coming closer to being on the same page, and in an increasing number of metro areas, appraisals are even higher than what owners expected. In May, appraised values were 0.34 percent lower than expected, according to Quicken Loans’ National Home Price Perception Index (HPPI). This is...

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U.S. Home Equity Lines of Credit Increase 14 Percent in Q1 2018

15-06-2018

ATTOM Data Solutions released its Q1 2018 U.S. Residential Property Loan Origination Report this week, which shows that more than 1.8 million (1,813,691) loans secured by residential property (1 to 4 units) were originated in Q1 2018, down 5 percent from the previous quarter and down 3 percent from a...

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Great Spaces: Sunny Beach Town Spots

15-06-2018

June has the weather in most of the country warming up, with long beach days on the horizon. To celebrate, we’re running down some of the most stunning homes set in our favorite sunny beach towns. Sweet Spot on the Southern Coast Spanning 3,235 square feet, this plantation-style home has it all...

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Realogy appoints Katrina Helmkam as Cartus CEO

15-06-2018

Realogy Holdings Corp. appointed Katrina Helmkamp as chief executive officer of Cartus Corporation. Helmkamp will be responsible for improving Cartus' performance, while leading technology and process transformation.Read more: https://www.housingwire.com/articles/43701-realogy-appoints-katrina-helmkam-as-cartus-ceo

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#TimesUp for real estate investor Sam Zell

15-06-2018

I’ve seen all the latest updates on the #TimesUp and #MeToo movements, yet it somehow manages to shock me each time I hear of something new happening. On a recent National Association of Real Estate Investment Trusts panel, real estate investor Sam Zell made some shocking comments. So when is...

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More homebuilder consolidation: Century Communities buys Wade Jurney Homes

15-06-2018

The consolidation of the homebuilding industry continues. Last week, Taylor Morrison announced that it is acquiring fellow homebuilder AV Homes in a deal valued at nearly $1 billion. Next up is Century Communities, which announced Friday that it is acquired the remaining 50% of Wade Jurney Homes in a deal...

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Court finally approves Wells Fargo’s $142 million fake account class action settlement

15-06-2018

A federal court has finally given final approval to Wells Fargo’s $142 million class action settlement for the bank’s customers who had a fake account opened in their name. The final approval comes nearly a year after the settlement received preliminary approval by the judge overseeing the lawsuit, and more...

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