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Todays Real Estate News Archive


Hot Property: Pink Lists Sherman Oaks Home…Again

(MCT)—Pink is taking another shot at selling a home she owns in Sherman Oaks, this time priced at $3.499 million. ...


Why Less Is More and Saying ‘No’ Is Good for Business

Engel & Völkers is an international luxury real estate brand with a reputation for providing a consistent level of white-glove service throughout the world. We have a network of almost 600 brokerages located in 38 countries. If you haven’t heard of Engel & Völkers yet, it might be because we ...


Real Estate Q&A: Condo Rules Will Dictate Profit Division from Sale

(MCT)--Question: A family member of mine lives in an eight-unit condominium. A developer has offered to buy the building, and it was our expectation that the owners would split the money evenly because all the units are the same size. But some ...


Pending Home Sales Up 26 Percent

The RE/MAX of New England March Monthly Housing Report shows pending home sales are up on average 26.5 percent over March 2013. Inventory in every state except Vermont shows a decrease year-over-year. Overall home sales show an increase of 31.5 percent month-over-month, an expected trend as the busy spring market ...


Mortgage Returns Releases Q4 TRUE CRM Statistics

Mortgage Returns, a provider of TRUE CRM technology and automated marketing solutions for the mortgage industry, has announced results of a Q4 report detailing their users’ success in using the company’s TRUE CRM system, which harnesses one-to-one marketing to strengthen users’ relationships with customers, prospects and referral partners. ...


Working at Home: Who Claims the Home Office Deduction?

Often cited as a “red flag” for audits, the home office deduction is in fact a legitimate business deduction with particular importance for certain careers and small business owners. Moreover—from the housing economics perspective—IRS data concerning the deduction, along with Census data ...


Unresolved Foreclosure Issues a Problem for Many New Yorkers

Regional Spotlight—New York ranks third in the nation in the number of homeowners delinquent on their mortgages or in foreclosure, the Mortgage Bankers Association recently reported. In 2013, the number of foreclosures reached a three-year high in the state. Experts speculate that the number of high foreclosures is partially due ...


Great Spaces: Record-Breaking Mansion in Sydney, Australia’s Prime Waterfront

Owned by the Fairfax family, one of Australia’s most famous media dynasties, “Elaine” is set to break all previous price records in the local market. Based on independent sources, it is expected that the achieved sale price will be in the region ...


Zeroing in on Clients’ Needs: Working Smarter, Not Harder

Since 2009, Realtors Property Resource® (RPR®)—a database of parcel-centric property information, built upon more than 160 million properties—has provided real estate professionals with access to information from multiple sources, including public records and tax assessment information; liens, standalone mortgages and refinancing loans; school district data, reviews, test scores and more. ...


‘Cob’ Advocates Willing to Get Dirty to Build Home of Dreams

(MCT)—Making homes out of clay, sand and straw—a material called “cob”—might raise eyebrows in earthquake country, but California devotees are hoping to gain acceptance for what they say is an inexpensive, environmentally friendly and safe way to build. ...


How to Run a Business with Your Spouse

(MCT)—According to the Wall Street Journal, about a third of family businesses are operated by husband-and-wife teams. North Dakota State University researcher Glenn Muske dubs these couples “copreneurs” and believes those numbers are rising. ...


Leading Apartment Search Resource Introduces New Mobile Application

ForRent.com®, one of the nation’s leading apartment search resources, has announced the release of its Apartment Search mobile app, available to consumers nationwide on iOS and Android devices. The app aims to enhance the mobile user experience for apartment shoppers and provides a powerful mobile marketing platform for property managers ...


Billings Association of REALTORS® Announces Point2 MLS and Consumer Portal

Recently, the Billings Association of REALTORS® (BAR) launched Billings.org, a consumer real estate search portal powered by Point2. The new website uses data from the BAR Multiple Listing Service (MLS) to provide consumers and real estate professionals with the most accurate real estate listing information in Billings, Mont. ...


Who Pays America’s Highest (and Lowest) Property Taxes?

The second biggest cost of homeownership—following the mortgage—is usually property taxes. In 2012, U.S. homeowners paid an average of about $2,800 in property taxes, according to a recent Zillow study. And if you live in New York, New Jersey, or Colorado your ...


Fixed Mortgage Rates Tick Down

Recently, Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates moving down slightly as we head into the spring homebuying season. ...