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NZ dollar drops after RBNZ looks at new home loan restrictions

The New Zealand dollar dropped after the Reserve Bank said it's looking at ways to restrict lending on residential property investments, stoking speculation it would then have more room to cut interest rates. The kiwi fell to 75.52 US cents at 5pm in Wellington from 75.88 cents immediately before the release, to be little changed from 75.55 cents yesterday. The Reserve Bank is seeking feedback ...

Jakarta's property boom is just getting started

Property prices in Jakarta have more than doubled since 2009, but with a new infrastructure push in the city, the boom might only be getting started, analysts said.

Simon Property makes latest takeover bid for Macerich -WSJ

Simon Property Group Inc, owner of malls and outlet centers, made its latest approach to buy rival Macerich Co in the past few weeks, according to a Wall Street Journal report. Simon Property is yet to make a formal offer for Macerich, the report said citing people familiar with the situation. In November, Simon Property disclosed that it had accumulated a 3.6 percent stake in Macerich during ...

Plumbers 'should report cold homes'

Plumbers and heating engineers should join with GPs and care staff in tackling problems caused by cold homes, health experts say.

Prudential Bridgeport, REALTORS®, Inc. Joins Berkshire Hathaway HomeServices Real Estate Brokerage Network

Berkshire Hathaway HomeServices, part of the HSF Affiliates LLC family of real estate brokerage franchise networks, today announced that Prudential Bridgeport, REALTORS®, Inc. has

Presidio Residential Capital and Summit Homes of Nevada Celebrate Grand Opening at Canyon View Community

Presidio Residential Capital and Summit Homes of Nevada recently celebrated the grand opening of Phase 1 at Canyon View, a $7.8 million five-acre community with 36 single-family homes conveniently located ...

Wells Fargo Real Estate Investment Corporation Declares Dividend on Series A Preferred Stock

Wells Fargo Real Estate Investment Corporation announced today that its board of directors has declared a quarterly dividend on its 6.375% cumulative perpetual preferred stock, Series A.

Fitch Affirms Gramercy Real Estate CDO 2007-1

Fitch Ratings-New York-4 March 2015: Fitch Ratings has affirmed 15 classes of Gramercy Real Estate CDO 2007-1 Ltd./LLC . A detailed list of rating actions follows

Apollo Commercial Real Estate Finance, Inc. Announces Public Offering of Common Stock

Apollo Commercial Real Estate Finance, Inc. today announced the Company has commenced an underwritten public offering of 10,000,000 shares of common stock.

Realtor sentenced to four years

Realtor sentenced to four years                

Unsafe, unhealthy homes eligible for larger loan

The city manager may authorize a larger home loan amount for mobile homeowners if the funding is necessary to alleviate health and safety issues, the city council agreed Tuesday.

Pay off the mortgage or save for retirement? Three ways to decide.

The relative benefits of paying off a mortgage versus saving for retirement can be hard to assess. It’s important to consider your individual situation. 

Hawaii Native Mike DeMello Brings Progressive Real Estate Brokerage and Website to Oahu

Redfin , the customer-first real estate brokerage, today announced the debut of its home-buying and selling services on the island of Oahu. Additionally, Redfin’s award-winning website and mobile app now include all agent-listed homes for sale on the island.

Southern Maryland home sales

Listings of homes sold recently in Calvert, Charles and St. Mary?s counties.

Update: Accused Killer Arron Lewis Pre-Trial Hearing Set for June 1

A judge is also allowing him to act as his own attorney. He is one of two suspects charged in the September 2014 kidnapping and murder of realtor Beverly Carter.

Odds of a Bid Rise as E*Trade Digs Itself Out of Mortgage Mess

The online brokerage has been scaling down its home-loan portfolio since the subprime mortgage market started to deteriorate as the financial crisis unfolded in 2007.

DeCaro Luxury Real Estate Auctions Announces Absolute Auction for Waterfront Retreat Directly Across From LEGOLAND(R ...

DeCaro Luxury Real Estate Auctions has announced an absolute auction on March 14, 2015 for 1700 North Lake Eloise Drive, a 10,793-square-foot luxury estate that was custom built in 2006 on 4.5-acres of ...

Sweeping Spaces, Sought-After Design Features Distinguish Azalea's Residence Three

Christopher Homes' spectacular Azalea home collection in Rosedale is meeting the aspirations of the most discerning buyers with three distinctive single-family home designs, including the superbly designed ...

High-Quality, Mortgage-Backed Securities ETF Options

Investors can gain exposure to a diverse pool of mortgage-backed securities through exchange traded funds, but people should first understand how the investments work. Mortgage-backed securities, or MBS, ...

Zillow: Starbucks is Like Espresso for Boston Real Estate

The Boston-area real estate market has seen the greatest appreciation in home prices where there is a Starbucks, according to a new Zillow study.

Eclipse Residential Mortgage Investment Corporation Increases Dividend

Eclipse Residential Mortgage Investment Corporation is pleased to announce an 8.3% increase in the dividend rate to $0.05417 per Class A Share per month for record dates from April to June 2015.

Bergen County's property taxes among nation's highest

Bergen County homeowners had the fifth-highest average property tax bill in the nation, at $11,159, last year, according to a new survey by RealtyTrac, a California real estate information company. Passaic County's single-family tax bill averaged $8,904, according to RealtyTrac.

Mortgage Loan Rates Fall for First Time in a Month

The latest MBA report on mortgage applications noted a week-over-week increase in the group’s seasonally adjusted composite index for the week ending February 27.

Fisher’s Realtor, Kimberly Clark Speaks on REALTOR® Safety

Multi-million dollar REALTOR®, Kimberly Clark, ( was among the expert panelists for the Hamilton County Board of REALTORS’® (HAMCO) meeting this week, focusing on Realtor Safety. This meeting comes on the heels of the tenth anniversary of the brutal murder of the Albuquerque Realtor, which changed the landscape of how Realtors do business today. (PRWeb March 04, 2015) Read ...

Mortgage volume freezes, but don't blame weather

Mortgage demand seems to be suffering from a lack of reason to refinance and a lack of homes for sale.

Property 'safe haven' for corrupt cash: campaigners

Property is a safe haven for money stolen from around the world, with tens of thousands of London properties owned by secretive companies, according to a corruption report released Wednesday.

Kungsleden’s new property portfolio’s total return reaches 13 percent – above IPD Swedish Property Index 2014

Regulatory News:

State Legislature Honors Beverly Carter

LITTLE ROCK, AR - The family of slain realtor Beverly Carter received a standing ovation on the house floor Tuesday afternoon. Two bills were passed to honor her memory and promote realtor safety.  It was a very emotional afternoon in the state house, members of Carter's family and some lawmakers shed some tears. The family sat up on the balcony as the house honored Beverly Carter as a loving ...

British property 'safe haven' for corrupt cash: campaigners

British property is a safe haven for money stolen from around the world, with tens of thousands of London properties owned by secretive companies, according to a corruption report released Wednesday. Campaign group Transparency International found 36,342 properties in London covering 3.6 square kilometres are held by companies registered in offshore secrecy havens such as the British Virgin ...

Bill Promoting Realtor Safety Passes Arkansas House

The family of slain realtor Beverly Carter received a standing ovation on the house floor Tuesday afternoon. Two bills were passed to honor her memory and promote realtor safety.

LGI Homes, Inc. Reports February 2015 Home Closings

THE WOODLANDS, Texas -- LGI Homes, Inc. today announced 220 homes closed in February 2015, up from 156 home closings in February 2014, representing year-over-year growth of 41.0%. As of the end of February ...

30-Year Fixed Mortgage Rates Fall; Current Rate is 3.70%, According to Zillow Mortgage Rate Ticker

SEATTLE -- The 30-year fixed mortgage rate on Zillow(R) Mortgages is currently 3.70 percent, down six basis points from this time last week. The 30-year fixed mortgage rate fell early in the week, then ...

Interest in Pre-Model Opportunities Soar as Canvas Model Homes Near Completion

The model homes at the Canvas neighborhood are nearing completion in preparation for the highly anticipated unveiling next month. As finishing touches are being applied, interested homebuyers are acting ...

6 Steps to Get the Best Mortgage Rates This Spring

If you've got the itch to ditch your landlord and take the leap to homeownership, mortgage rates are still low by historical standards. Rents have been rising and rising," says Lawrence Yun, chief economist at the National Association of Realtors. The NAR expects 30-year, fixed-rate mortgages to average 3.80 percent in the first quarter. "The Federal Reserve is likely to raise short-term ...

Real-Estate Crowdfunding Set to Top $2.5 Billion This Year

With crowdfunding, investors are able to pool their resources to buy or finance both commercial and residential real-estate investments and purchases.

Hunt Mortgage Group Closes Seven FHA Deals

Hunt Mortgage Group, a commercial real estate lender, announced today that it has financed seven affordable housing projects with FHA/HUD loan facilities. The total Hunt investment is $102 million and ...

Mortech Integrates United Guaranty Mortgage Insurance Pricing into Marksman

Mortech®, a Zillow® business providing mortgage technology software solutions for mortgage bankers and secondary market teams, has integrated United Guaranty’s real time mortgage insurance quotes into Marksman, the company’s flagship marketing and product and pricing engine .

Real Estate Crowdfunding Set to Be $2.5 Billion Industry in 2015, Finds Crowdfunding Research Firm Massolution

Massolution, the leading research and advisory and firm specializing in crowdsourcing and crowdfunding solutions for private, public and social enterprises, has announced the release of its comprehensive ...

JLL Income Property Trust Announces Q4 2014 Earnings Call

Jones Lang LaSalle Income Property Trust, Inc. , an institutionally-managed, non-listed, daily valued perpetual life REIT, will hold a public earnings call on Thursday, March 12, 2015 at 10:00 AM CDT, ...

Chinese Buying Property for Portugal Visas Get Burned

While the ads offer a chance at securing a so-called golden visa to live in Portugal in exchange for property investments of at least 500,000 euros ($559,000), they leave out the golden rule of such purchases: never rush into a deal. The haste with which some Chinese buyers have acquired their piece of Portugal has left them feeling cheated once they realize they might have struck better deals ...

TRI Pointe Homes, Inc. Reports 2014 Fourth Quarter and Full Year Results

TRI Pointe Homes, Inc. today announced results for the fourth quarter and full year ended December 31, 2014.

7 home loan problems borrowers face in India

Each problem is discussed in detail and appropriate remedies are mentioned along with it.

Discount for indigenous home buyers

INDIGENOUS Business Australia (IBA) has announced a discounted home loan offer to Aboriginal and Torres Strait Islander people for a limited time.

Children's homes 'lack secure places'

Local authorities are struggling to house some of the most disturbed children because of a shortage of places in secure children's homes.

Spanish property developer Martinsa files for bankruptcy

Spanish property developer Martinsa Fadesa said Monday it would file for liquidation bankruptcy in one of the country's biggest insolvencies, which comes as the sector shows signs of recovery from a 2008 real estate collapse. Martinsa Fadesa, a builder of homes, malls and golf courses which is active mainly in Europe, said Friday it holds assets worth 2.4 billion euros ($2.7 billion) to meet ...

Essex Property Buys Los Angeles Asset to Boost Portfolio - Analyst Blog

For Essex Property Trust (ESS), which boasts a solid portfolio in the attractive West Coast markets, this purchase of 8th & Hope in the core of downtown Los Angeles is a strategic fit.

Quadrant Homes Launches New Lending Service, TRI Pointe Connect, in Seattle

Quadrant Homes announced today the launch of TRI Pointe Connect as its in-house mortgage originator, making Washington one of the first two states in the nation to offer mortgage services through the new company.

Cloverdale realtor recognized for leadership, innovation

Rick Dubord earns the Fraser Valley Real Estate Board's highest honour in recognition of his leadership and dedication.

CENTURY 21 Agent Dale Devereaux Inducted Into Global Real Estate Hall of Fame

Top Red Deer REALTOR® Dale Devereaux of CENTURY 21 Advantage has been inducted into the CENTURY 21® Dick Loughlin International Hall of Fame. This elite award recognizes CENTURY 21 System members who not ...

Real Estate Notes: A Smart Investment Alternative

After three decades of working in different areas of the real estate business, including owning a number of rental properties, the three T's of landlording, tenants, toilets and trash, were wearing thin on Don DeMarco. The Silver Spring, Maryland-based real estate entrepreneur has seen a lot, making a lot of money and then losing it due to economic downturns. After years in the home improvement ...
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