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U.K. Mortgage Approvals Increased More Than Forecast in June

U.K. mortgage approvals rose more than economists forecast in June to a four-month high, suggesting the housing market resumed some momentum.

Property Prices Dip in Delhi. Good Time to Buy?

Property prices in some pockets in Delhi and the NCR have fallen by over 20 per cent year-on-year, according to the National Housing Bank's Residex index, which tracks residential property prices acro...

UK mortgage approvals rise in June for first time since January

British mortgage approvals picked up in June and were stronger than expected after falling for the previous four months while banks introduced more stringent checks on borrowers. The Bank of England said on Tuesday that mortgage approvals numbered 67,196 last month, up from 62,007 in May. Monthly mortgage approvals are still short of the 90,000 level seen before the 2008 financial crisis, and ...

RANLife Home Loans Offers Alternative Solution to Long USDA Rural Home Loan Waiting Periods

The no money down USDA Rural Housing Loan is a popular home loan among home buyers in America but long waiting periods for USDA Commitments are forcing RANLife and their clients to explore other options for a faster loan closing. (PRWeb July 29, 2014) Read the full story at http://www.prweb.com/releases/ranlifehomeloans/usdahomeloanturntimes/prweb12053125.htm

Signs property prices could settle

There are signs home ownership could get more affordable, as lower interest rates, increased construction activity and a growing population threaten to stablise property prices and rental income.

Winter Haven's Property Tax Rate Likely to Remain the Same

City commissioners in Winter Haven unanimously agreed Monday to keep the property tax rate no higher than it has been since 2008.

Realtor group blasts Franconia proposed inspections, permits for sale of property as 'absurd'

A proposed Franconia law requiring inspections for a resale use and occupancy permit before homes are sold “will make homebuyers pay for costly ‘point of sale’ inspections and even make you pay for a previous owner’s poor upkeep of a home!” the Suburban Realtors Alliance, Malvern, warned Franconia residents in a mailing sent out before a scheduled July 21 vote on the ordinance by the Franconia ...

Real estate firms recruit agents after recession

Joe DiSalle, a broker manager at the DiSalle Real Estate Co., cannot wait for Aug. 6.

Zillow deal to buy Trulia creates real estate digital ad juggernaut

By the time many home shoppers call a real estate agent, they've already got a short list of properties — and data to support the prices they want to pay.

Real estate websites Zillow, Trulia merge

Zillow and Trulia, two of the largest online house hunting websites, are joining forces in a $3.5 billion deal.

Property scholarship open for Kiwi students

With university entrance on the minds of many high school students at the moment, leading New Zealand property trust Keystone New Zealand Property Education Trust has opened its doors for suitable candidates for its 2015 property scholarships, which are due to close on 20th August.

Zillow buys Trulia for $3.5B, but brands to remain separate

The real estate search engine Zillow announced Monday that it would acquire its rival Trulia for $3.5 billion in stock in a deal expected to close in 2015.

Mortgage Interest Rates: Why You Get Offered the Worst Ones

Mortgage Interest Rates: Why You Get Offered the Worst Ones

Federal Home Loan Bank of Dallas Announces its 2014 Independent Director Elections

DALLAS, July 28, 2014 /PRNewswire/ -- The Federal Home Loan Bank of Dallas (FHLB Dallas) is currently accepting applications for two open independent directorships on its Board of Directors (Board) in 2015. The mission of the Board is to be accountable to FHLB Dallas shareholders, by ensuring that FHLB Dallas is managed in a safe and sound manner with an appropriate balance between financial ...

Wisteria's Final Luxury Homes Almost Sold Out at Rosedale in Azusa

The spacious single family homes at Christopher Homes' Wisteria at Rosedale are nearly sold out. Prospective homebuyers are encouraged to visit the sales office immediately before this opportunity is gone ...

Commercial real estate market improving, report says

Demand for top flight office space in the Salt Lake Valley is growing, according to two reports detailing the Wasatch Front...

Zillow buying Trulia to build real estate titan

NEW YORK (AP) — Zillow and Trulia, two companies that changed the way people shop for homes, are combining.

Property punt needs 'supreme faith'

Billionaire investor Kerr Neilson says it would take a “leap of faith” for house prices to beat inflation over the next decade.

Ryland Homes Opens Decorated Model Home in New Community, Ashford Crossing

Ryland Homes Atlanta has opened its new decorated model home, the Provence, in Ashford Crossing. This community, located in the City of Sugar Hill off of GA Hwy. 20, features a beautiful enclave of 87 homesites and sits adjacent to The Bellagio Shopping Complex.

Millions fled homes in 2013 due to religious conflict: US

Washington (AFP) - Conflicts and repression around the world last year triggered the largest displacement of religious communities in recent memory, the United States said Monday, revealing millions had fled their homes.

Albiani Real Estate Group goes global while making move to new partner

Gil Albiani, a name synonymous as the most experienced realtor in the Elk Grove area and also noted as a community leader in service and fundraising, is making a change in his real estate field.

Home Loan Servicing Solutions Light Breaks Below 200-Day Moving Average - Notable for HLSS

Home Loan Servicing Solutions Light Breaks Below 200-Day Moving Average - Notable for HLSS

Mortgage Investors Doubts Appear in Rally of Risky Notes

Investors who piled into bets on some risky types of U.S. mortgage bonds are showing signs of doubt that the notes will extend their rally.

Realtor News for July 27, 2014

Keller Williams Colorado West Realty

Zillow wants to make online real estate listings more like online dating

Zillow is buying Trulia. Here

Federal Home Loan Bank of Dallas Awards $9.8 Million in Affordable Housing Grants

DALLAS, July 28, 2014 /PRNewswire/ -- The Federal Home Loan Bank of Dallas (FHLB Dallas) is pleased to announce that in partnership with its member financial institutions, it has awarded $9.8 million in ...

Contracts to buy US homes slip in June

Fewer Americans signed contracts to buy homes in June, as the real estate market appears to have cooled off this summer. The National Association of Realtors said Monday that its seasonally adjusted pending ...

Zillow to buy Trulia, creating real estate website behemoth

The nation's two biggest real estate listing websites announced Monday that they're joining forces.

Zillow buys real estate rival Trulia for $3.5 bn

Washington (AFP) - Online real estate website Zillow announced Monday it was buying rival Trulia in a $3.5 billion stock deal that merges the two main firms in the sector.

Pending Sales of U.S. Existing Homes Unexpectedly Fell in June

Fewer Americans than forecast signed contracts to buy previously owned homes in June, a sign residential real estate is struggling to strengthen.

Home Loan Servicing Solutions, Ltd. (HLSS) Ex-Dividend Date Scheduled for July 29, 2014

Home Loan Servicing Solutions, Ltd. (HLSS) Ex-Dividend Date Scheduled for July 29, 2014

Opus CMC Launches New Client Web Application, OpusPanorama for the Mortgage Industry

Opus Capital Markets Consultants LLC , a leading provider of mortgage due diligence and a wholly owned subsidiary of Wipro Ltd. , a leading global Information T

Joshua Flagg: Entrepreneurship Lessons From A Top Real Estate Agent

I spoke to Joshua Flagg, who is recognized as one of the country’s top real estate professionals and star of the Bravo hit TV show, Million Dollar Listing LA. He's also the author of Million Dollar Agent: Brokering the Dream. With over 1 billion dollars' worth of property sold, Flagg is one of the top ten agents in Los Angeles. His record-selling achievements include the most expensive homes in ...

PennyMac Mortgage Investment Trust Announces Date for Release of Second Quarter 2014 Results

PennyMac Mortgage Investment Trust will announce results for the quarter ended June 30, 2014 in a news release to be issued after the market close on Wednesday, August 6, 2014.

Purple Heart Homes Expands Aging in Place Program Through the Formation of Chapters

STATESVILLE, N.C. -- Purple Heart Homes (PHHUSA) announces the creation of Chapters to expand its reach throughout the US of the Aging in Place program to provide more housing solutions for Service Connected ...

Alex Milshteyn files for WCC Board of Trustees

ANN ARBOR — Ann Arbor resident and local Realtor Alex Milshteyn has filed to run for the Washtenaw Community College Board of Trustees.

AV Homes Announces Election of New Directors

SCOTTSDALE, Ariz. -- AV Homes, Inc. , a developer and builder of active adult and conventional home communities in Arizona, Florida and North Carolina, announced today that Michael F. Profenius and Jonathan ...

34 Home Loan Shoppers Got an Easy Approval Home Loan Last Week through Complete Home Loans

The nationwide home loan and refinance lender approved 34 new home shoppers for a loan last week. (PRWeb July 28, 2014) Read the full story at http://www.prweb.com/releases/bad-credit-mortgage-loan/mortgage-refinance/prweb12050390.htm

Clayton Homes, America’s Largest Home Builder, Qualifies for DOE Zero Energy Ready Home Program

As the U.S. Department of Energy is identifying ways in which consumers make their homes more energy efficient, the Systems Building Research Alliance has selected America’s largest homebuilder*, Clayton Homes, to build three homes for a 15-month energy-performance test.

Paying off your mortgage faster can pay huge dividends

Paying down your mortgage faster. It's one of those boilerplate suggestions that financial advisers love to make to their clients.  After all, throwing extra money at the biggest debt most Canadians have can result in big interest savings and being mortgage-free years sooner.

Temecula Realtor Strikes New Partnership With Home Loan Specialist Kevin Leonard

The recent slow-down in the real estate industry from lack of inventory has some real estate agents in Temecula entering into strategic partnerships. Mortgage loan specialist Kevin Leonard has been adding new Realtor relationships at a record pace by using social media and video marketing. (PRWeb July 28, 2014) Read the full story at http://www.prweb.com/releases/Temeucla-Realtor/top-real ...

Property a 'supreme act of faith'

Billionaire says it would take a 'leap of faith' for house prices to beat inflation over next decade.

Property punt needs 'supreme act of faith' says Neilson

Billionaire investor Kerr Neilson says it would take a “leap of faith” for house prices to beat inflation over the next decade.

Real estate transactions

A private investor has purchased a 66,000-square-foot building at 12555 Northborough Drive and plans to renovate the former Saudi Arabian Airlines offices. The Retail Connection and Long Wharf Real Estate Partners have acquired Woodpark Plaza, a 143,850-square-foot shopping center at the northwest corner of Interstate 45 and Briar Rock Road in The Woodlands. The center was purchased from a joint ...

NAB mortgage customers ahead on loans, first home buyers less so

National Australia Bank has released data showing 85 per cent of its home loan accounts are now ahead on repayments.

China Property Cooling Prompts Revival of Builder Bonds

China's government is authorizing developer debt sales for the first time in five years in a bid to avoid bankruptcies as the property market cools. Jiangsu Future Land Co. (900950), a builder of homes in eastern China, sold 2 billion yuan ($323 million) of five-year AA rated bonds last week to yield 8.9 percent. The China Securities Regulatory Commission reversed course in April when it granted ...

Northern California wildfire destroys 10 homes

PLYMOUTH, Calif. (AP) — Firefighters in Northern California on Sunday battled a wildfire that has destroyed 10 homes and forced hundreds of evacuations in the Sierra Nevada foothills, while a fire near Yosemite National Park destroyed one home and grew significantly overnight.

Britons Sour on Buying Property Amid Record Values, Halifax Says

The gulf between demand for property and supply in Britain's buoyant housing market may be set to narrow, a survey by Halifax shows today. The balance of people saying the next 12 months are a good time to buy a home slumped to 5 percentage points in the second quarter from 34 in the previous three months, the mortgage unit of Lloyds Banking Group Plc said. A gauge of the outlook for house ...

Retirement with mortgage loans? Why some keep debt for tax deductions.

Adults carrying mortgage loans may plan to keep the mortgage loans to use it for tax deductions. Financial adviser Matt McCoy explains why people do it, and if it is beneficial to keep debt with retirement.

Mortgage buy-downs can spur home sales

If I were to pay money to your lender to lower your mortgage rate — permanently — would you make me a better offer on my house?
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