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Is ‘Green’ at a Premium? Depends Where You Purchase
Who says you need “green” to get a green home?
According to an analysis by realtor.com®, eco-friendliness is becoming the norm—and being a green homeowner may not be as pricey as thought. While California’s costlier markets have high concentrations of green homes, there are also affordable pockets outside the Golden State—and, in many markets, eco-features are no longer at a premium.
The greenest:
Loan Originations: Home Purchases Up
Even with increasing interest rates, closed home purchases ticked up 6 percent in March, according to Ellie Mae®’s latest Origination Insight Report. Closed refinances slumped 5 percent.
Across the board, closings took 41 days in March, one day less than in February; however, purchases took 43 days, two days less than in February. Closing rates were:
Fake Trulia rental listing causes Denver family to lose $3,900
In April, rents increased month-over-month in 81 percent of the nation's 100 largest metropolitan statistical markets (MSAs), and that number jumps to 89 percent when looking at year-over-year trends. When home and rental prices are all on the rise, it's easy for buyers and renters to be lured into scams with hopes of saving a little extra change -- which is exactly what happened to a Denver family just last week ...
The week in financial markets: no recognizable housing cycle
The Fed has been oh-so-gradually pushing up on the cost of money, an overnight rate, but only this week has that up-pushing (from “underneath” as traders would say) moved long-term rates, specifically the 10-year T-note, which defines mortgages and a lot else.
Earth Day gives real estate reason to celebrate, educate
Sunday, April 22, is Earth Day — a time to appreciate this beautiful planet and raise awareness about the ways we can protect and make it better it for generations to come.
510 Tall Towers in the Pipeline for London
- 510 Tall Towers in the Pipeline for London Mansion Global Full coverage
Town Residential ceases resale and leasing ops, shedding 400 agents
Manhattan brokerage Town Residential is eliminating its sales and leasing operations to concentrate on international and new development, a spokesperson for the firm confirmed on Friday. The move will force more than 400 agents to find a new home.
US mall owner's CEO is about to retire, sparking deal speculation - CNBC
CNBC
US mall owner's CEO is about to retire, sparking deal speculation
CNBC
Macerich's chairman and CEO, Art Coppola, is set to retire at the end of this year, having led the company for 25 years, and the news is fueling the idea that more deal activity could be looming in the retail real estate industry. Already this year ...
Special masters eyed for Cohen probe all have RE fraud experience - The Real Deal
The Real Deal
Special masters eyed for Cohen probe all have RE fraud experience
The Real Deal
Mueller is investigating potential collusion between the Trump campaign and Russian nationals in the 2016 presidential election, but the Trump real estate empire has come into increasing focus. Among the items of reported interest are emails to Cohen ...
California agent charged with price gouging during NorCal fires
On April 16, California Attorney General Xavier Becerra filed three misdemeanor charges against real estate agent Melissa “Missy” Echeverria for raising the price of a rental from $5,000 per month to $9,000 per month ...
Zillow's Move into House Flipping Prompts Stock Downgrade - Investopedia (blog)
Investopedia (blog)
Zillow's Move into House Flipping Prompts Stock Downgrade
Investopedia (blog)
Late last week, the digital real estate platform company announced that it will partner with West USA in Phoenix, Berkshire Hathaway HomeServices Arizona & Nevada Properties in Phoenix and Las Vegas, and Coldwell Banker Premier Realty in Las Vegas to ...
A $66 Billion Investor Is Warming Up to European Bank Shares ... - Bloomberg
Bloomberg
A $66 Billion Investor Is Warming Up to European Bank Shares ...
Bloomberg
A decade after the financial crisis, it's time to look at European banks again, according to Allianz Global Investors. “We've been warming up to banks, but coming from the ice age to normal takes time,” said Joerg de Vries-Hippen, chief investment ...
A $66 Billion Investor Is Warming Up to European Bank Shares - Bloomberg
Bloomberg
A $66 Billion Investor Is Warming Up to European Bank Shares
Bloomberg
In the Bloomberg Europe 500 Banks and Financial Services Index, the median price-book value ratio is now 0.98. De Vries-Hippen said he sees “good banks” in the Netherlands after the Dutch government did “a great job” repairing the damage done by the ...
A $66 Billion Investor Is Warming Up to European Bank Shares ...BloombergQuint
Lansing Is Your 2018 Parking Madness Champion! - Streetsblog California (blog)
Streetsblog California (blog)
Lansing Is Your 2018 Parking Madness Champion!
Streetsblog California (blog)
In the last few weeks we've gotten to know 16 ugly asphalt wastelands overrun by surface parking. But only one city (per year) can emerge victorious from the Parking Madness bracket and win the Golden Crater™. Our readers have spoken, and this year ...
Wells Fargo hit with $1B fine in mortgage account scandal
Federal regulators on Friday hit banking giant Wells Fargo with a $1 billion fine for violations involving home mortgages and auto insurance.
Parker Principle 12: Standing up to climate change
During our session, we spoke at length about disaster preparedness, stranded assets, rising home insurance rates, and the promise of new home technology — to each other. Out of the 150+ industry leaders who attended Disconnect, ours were the only two voices.
