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Juncker warns Trump to stop 'annoying' praise for Brexit - Financial Times

Fri, 2017-03-24 04:37


Financial Times

Juncker warns Trump to stop 'annoying' praise for Brexit
Financial Times
In an interview with the Financial Times, Mr Juncker said the US president's enthusiasm for Britain's departure from the EU was “annoying” and “surprising”. It showed the real estate tycoon was unaware of the complicated history of Europe. The ...
Donald Trump warned your anti-EU outbursts will start WAR: Juncker threatens US PresidentExpress.co.uk

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Categories: Europe

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Juncker warns Trump that anti-EU stance risks triggering Balkan war - Financial Times

Fri, 2017-03-24 04:37


Financial Times

Juncker warns Trump that anti-EU stance risks triggering Balkan war
Financial Times
In an interview with the Financial Times, Mr Juncker said the US president's enthusiasm for Britain's departure from the EU was “annoying” and “surprising”. It showed the real estate tycoon was unaware of the complicated history of Europe. The ...
Donald Trump warned your anti-EU outbursts will start WAR: Juncker threatens US PresidentExpress.co.uk

all 199 news articles »

Categories: Europe

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RealtyBackOffice ensures no dollar, date or deal slips in a brokerage

Fri, 2017-03-24 03:40

RealtyBackOffice is an enterprise solution for managing every aspect of a real estate deal. ...

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Will trended credit data result in more mortgage approvals?

Fri, 2017-03-24 03:30

With foreclosures at a 10-year low, a good case can be made to take a look at strict lending standards that may be doing more harm than good ...

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What kind of financing is available for flippers?

Fri, 2017-03-24 03:30

In this video, Peter Lorimer of PLG Estates discusses the various options of real estate financing for flippers and how they work. ...

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Daily market update: March 24, 2017

Fri, 2017-03-24 03:00

Mortgage rates plus all the latest real estate market news ...

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Relationships and tech: Why you can’t do business without both

Fri, 2017-03-24 03:00

If you are like me, you wake up each morning, open up your laptop, check social media and scour the internet for the latest trends in digital marketing ...

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Studying European technology - Cape Coral Daily Breeze

Fri, 2017-03-24 00:54


Cape Coral Daily Breeze

Studying European technology
Cape Coral Daily Breeze
Beattie's new real estate division recently sold the Luxus model he built for Pommerehne; Pommerehne and his wife are now building a second, similar contemporary home on another waterfront lot in Cape Coral. Pommerehne, who flies part-time for ...

Categories: Europe

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Sale of Tiffany Building in Union Square draws sparkling array of suitors to 'beauty queen' - San Francisco Business Times

Thu, 2017-03-23 21:29


San Francisco Business Times

Sale of Tiffany Building in Union Square draws sparkling array of suitors to 'beauty queen'
San Francisco Business Times
The sale of the Tiffany building in San Francisco attracted a glittering array of international investors hoping to pick up one of the real estate jewels of Union Square. A European company targeting high-profile sites snapped up the property last year.

Categories: Europe

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Brokers eye $250 million in loans with real estate partner - St. Louis Business Journal

Thu, 2017-03-23 19:58


Brokers eye $250 million in loans with real estate partner
St. Louis Business Journal
“We had to start from scratch,” Cooper said about joining Delmar after leaving USA Mortgage in November 2013. He and fellow managing partners Stephanie Todd and Dan McLaughlin have built the business largely through relationships with real estate ...

Categories: USA

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Could Donald Trump's US real estate plans be in danger? - Property Community

Thu, 2017-03-23 19:57


Property Community

Could Donald Trump's US real estate plans be in danger?
Property Community
While there is no doubt that Donald Trump knows what makes the real estate market tick. This is a man who has been there, done it, lost it and risen like a phoenix from the ashes again. When he was surprisingly installed as US president last year many ...

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Categories: USA

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Jho Low's Family Allowed to Fight US Bid to Confiscate Assets - Bloomberg

Thu, 2017-03-23 17:48


Bloomberg

Jho Low's Family Allowed to Fight US Bid to Confiscate Assets
Bloomberg
Family members of Malaysian financier Low Taek Jho were allowed to challenge U.S. attempts to confiscate hundreds of millions in real estate and other investments allegedly acquired with money siphoned from a state investment fund. A federal judge in ...

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Categories: USA

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Voodoo Agent: How to avoid being a secret agent in your business

Thu, 2017-03-23 16:27

If the idea of promoting yourself doesn't sit well with you, and you're a real estate agent, you've made a huge vocational error. You simply can't be a successful agent without letting people know what you do ...

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Listing Bits: The MLS then, now and in the future

Thu, 2017-03-23 15:36

Rebecca Jensen is busy. She is the President and CEO of Midwest Real Estate Data LLC (MRED), the real estate data distributor for the greater Chicago area. ...

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A tale of two housing markets

Thu, 2017-03-23 15:33

This week the National Association of Realtors announced February sales of existing homes had fallen 3.7 percent from January, based on an estimated, seasonally adjusted and annualized 5.48 million homes, the decline attributed to a shortage of homes for sale ...

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How to rethink the lead lifecycle

Thu, 2017-03-23 15:25

Learn to value your clients not just as leads but as people, and discover how this could lead to a tenfold increase in the value of each one ...

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New-Home Sales Heat Up to Seven-Month High in February

Thu, 2017-03-23 15:08

New-home sales heated up to a seven-month high in February at 592,000, a 6.1 percent increase, according to the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). The average new-home sales price was $390,400, while the median was $296,200. New-home listing inventory was 266,000—5.4 months supply.

New-home sales sizzled compared to a tepid January, when activity was stifled by limited new supply.

“This growth was likely spurred by several factors, including a warm winter that allowed builders to stick to construction schedules, last year’s strong home construction starts, and a gradual shift from building apartments to individual homes,” says Joseph Kirchner, senior economist at realtor.com®.

“While this growth is encouraging, it’s important for house hunters to keep in mind that builders have been focusing on the more pricey part of the market; affordable options are still in short supply. That’s a key reason why existing-home sales dropped in February while sales of new homes went up—existing home sales include both affordable and premium homes. During that month, sales of existing homes under $100,000 plummeted 15 percent and sales of homes in the $100,000 to $250,000 range fell 2 percent, while sales of more expensive existing homes soared.”

Source: U.S. Census Bureau

For the latest real estate news and trends, bookmark RISMedia.com.

The post New-Home Sales Heat Up to Seven-Month High in February appeared first on RISMedia.

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Realtor.com: Not Every Market Is a No-Go for Millennials

Thu, 2017-03-23 15:07

Millennial homebuyers are struggling against a tide of too-high prices—but not in every market.

Realtor.com®’s recently released Top Cities for Millennials ranks the markets with double the draw for millennials: (relatively) affordable housing and employment. The top 10:

  1. Salt Lake City, Utah
  2. Miami, Fla.
  3. Orlando, Fla.
  4. Seattle, Wash.
  5. Houston, Texas
  6. Los Angeles, Calif.
  7. Buffalo, N.Y.
  8. Albany, N.Y.
  9. San Francisco, Calif.
  10. San Jose, Calif.

Aside from being twice as nice, the markets in the ranking already have tracts of millennial residents, setting them up as home-buying hot spots.

“High job growth in markets such as Orlando, Seattle, and Miami, and the power of affordability in places like Albany and Buffalo, are making these markets magnets for millennials,” says Javier Vivas, manager of Economic Research for realtor.com. “But what really stands out is that all these markets already have large numbers of millennials, which translates into strong populations of millennial homebuyers.”

Breaking down the top 10:

  1. Salt Lake City

Millennial Hot Spot: Sugar House
Millennial Share of Population: 15.8 percent
Share of Income Spent on Housing: 30 percent
Unemployment Rate: 2.9 percent

  1. Miami

Millennial Hot Spots: South Beach, Wynwood
Millennial Share of Population: 13.1 percent
Share of Income Spent on Housing: 49 percent
Unemployment Rate: 5.1 percent

  1. Orlando

Millennial Hot Spot: Thornton Park
Millennial Share of Population: 14.6 percent
Share of Income Spent on Housing: 34 percent
Unemployment Rate: 4.4 percent

  1. Seattle

Millennial Hot Spots: Belltown, Capitol Hill
Millennial Share of Population: 15.2 percent
Share of Income Spent on Housing: 35.6 percent
Unemployment Rate: 4.2 percent

  1. Houston

Millennial Hot Spots: The Heights, Oak Forest, Timbergrove
Millennial Share of Population: 14.5 percent
Share of Income Spent on Housing: 36.1 percent
Unemployment Rate: 5.4 percent

  1. Los Angeles

Millennial Hot Spot: Silver Lake
Millennial Share of Population: 15 percent
Share of Income Spent on Housing: 64.1 percent
Unemployment Rate: 4.7 percent

  1. Buffalo

Millennial Hot Spots: Buffalo, North Buffalo
Millennial Share of Population: 13.4 percent
Share of Income Spent on Housing: 22.7 percent
Unemployment Rate: 5.6 percent

  1. Albany

Millennial Hot Spot: Downtown Albany
Millennial Share of Population: 12.7 percent
Share of Income Spent on Housing: 27.3 percent
Unemployment Rate: 4.5 percent

  1. San Francisco

Millennial Hot Spots: Mission, North Beach
Millennial Share of Population: 15 percent
Share of Income Spent on Housing: 56.2 percent
Unemployment Rate: 3.7 percent

  1. San Jose

Millennial Hot Spot: Downtown San Jose
Millennial Share of Population: 14.2 percent
Share of Income Spent on Housing: 53 percent
Unemployment Rate: 3.7 percent

Salt Lake City takes the lead in the top 10 for not only having the highest millennial share in its population (15.8 percent), but also having the third most affordable housing costs as a share of income (30 percent) and the lowest unemployment rate (2.9 percent). Seattle (15.2 percent) and San Francisco (15 percent) have similarly high shares of millennials in their populations.

Albany and Buffalo, on the other hand, win when it comes to affordability, with Buffalo’s housing costs taking up the lowest share of income (22.7 percent) and Albany taking up the second lowest (27.3 percent).

Seattle and San Francisco round out the top three for their low unemployment rates, both at 3.7 percent.

For more information, please visit www.realtor.com.

For the latest real estate news and trends, bookmark RISMedia.com.

The post Realtor.com: Not Every Market Is a No-Go for Millennials appeared first on RISMedia.

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Mortgage Rates Make Steepest Drop in Two-Plus Months

Thu, 2017-03-23 15:05

The average 30-year fixed mortgage rate slumped seven basis points this week to 4.23 percent, the steepest drop in more than two months, according to Freddie Mac’s recently released Primary Mortgage Market Survey® (PMMS®).

The 15-year fixed mortgage rate made a similarly sharp decline at an average 3.44 percent; the average 5-year Treasury-indexed hybrid adjustable mortgage rate, at the same time, slipped to 3.24 percent.

The downtrend follows the Federal Reserve’s decision to hike the key interest rate. Mortgage rates hit a 2017 peak in the week leading up to the Fed’s announcement, with the 30-year at 4.30 percent.

Source: Freddie Mac

For the latest real estate news and trends, bookmark RISMedia.com.

The post Mortgage Rates Make Steepest Drop in Two-Plus Months appeared first on RISMedia.

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Agent fined $5K by Minnesota Department of Commerce for alleged title company ties

Thu, 2017-03-23 14:29

Have you ever crashed on the hotel-room couch of a title agent or lender friend -- and did you know that it could potentially get you into trouble? Minnesota real estate agent Brandon Doyle was recently fined $5,000 by the Department of Commerce (DOC) for allegedly receiving "things of value" in exchange for referrals to a title company. Liberty Title, the title company in question, will pay a $45,000 fine, according to a consent order. ...

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