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Summer real estate market should show "modest gains"

Local agents and industry experts predict this summer's real estate market to show steady improvement from the past few years.

Celebrity Real Estate: Seacrest and Ellen deal

The big real estate news in celebrity circles? Ellen DeGeneres finally sold her home, selling it to fellow star Ryan Seacrest, and Jennifer Aniston and Justin Theroux are renting in Beverly Hills while their modern home is renovated.

Commercial-Mortgage Securities Spreads Soar to Widest of 2012

Wall Street dealers are selling commercial-mortgage bonds with the widest spread this year as the European debt crisis and JPMorgan Chase & Co.’s trading loss rattles markets.

American Realty Advisors Announces the Acquisition of Class A Apartment Community Near Prestigious Dallas Suburb of ...

GLENDALE, CA-- - American Realty Advisors, a leading provider of real estate investment management services for institutional investors, announced today the acquisition of Portofino at Mercer Crossing, ...

Naples Realtor arrested on child porn charges

A Naples Realtor was arrested and charged with two counts of possession of child pornography Thursday.

Canada: A New Frontier For Real Estate Investors

This property market is easy to access and provides profitable opportunities.

Sword-wielder lops off realtor's arm, wounds two others before capture

A 63-year-old Tokyo man was arrested Friday after chopping off the left arm of an Utsunomiya real estate agency head with a samurai sword and seriously wounding two others. Hifumi Kuwada was arrested in the alleged attempted murder of Katsumi Jitsukata, 65, president of Daikyo Home, and two employees, wielding a sword with a 70-cm blade. Kuwada has confessed, police said.

Ryan Homes Announces a Grand Opening Celebration for the New Verona Single-Family Model Home at Pleasant Acres West in ...

ORCHARD PARK, N.Y., May 18, 2012 /PRNewswire/ -- NVR, Inc. (NYSE: NVR), one of the nation's largest homebuilding and mortgage banking companies, will celebrate the Grand Opening of the new Verona single-family ...

Realtor News for May 20, 2102

Realtor news

Grant Funds Help Habitat for Humanity Victoria Place Three Families Into New Homes

VICTORIA, Texas -- NewFirst National Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) awarded a $19,267 Affordable Housing Program (AHP) grant to Habitat for Humanity Victoria (HFHV) to provide ...

Owner told to cut grass and clean up Sellers Avenue property

The owner of property at 307 West Sellers Ave in Ridley Park got a dressing down at borough council's meeting May 15 by council president Bob Berger after he told council he did not receive a letter telling him to cut the grass on the property.

Real Estate Weekly: ‘Facebook effect’ on Bay Area real estate

Facebook’s initial public offering is having a marked effect on San Francisco Bay Area real estate, according to one mortgage banker.

PBC property value estimates show small growth or slowing losses

Tumbling property values give way to small growth in Boca Raton, Delray Beach; Boynton Beach shows losses slowing Property values are growing again, even if it's by the smallest amounts, and some local officials hope it could be the beginning of a noticeable recovery.

Real estate mini-boom in the west

WESTERN Sydney's real estate market is experiencing a boom - and agents are thanking the Reserve Bank's recent interest rate cut.

Homebuyer relief amid the chaos

MORTGAGE repayments could drop a further $150 a month on an average $300,000 home loan by the end of the year.

Union Bank cuts home loan rates

Union Bank of India today slashed interest on home loans to its base rate in select case.

Use Tax Refund to Cut My Mortgage Payment?

Using your tax refund to pay down your mortgage is just one way to reduce your monthly bill.

Research and Markets: Intellectual Property Law Dictionary

Dublin - Research and Markets has announced the addition of the "Intellectual Property Law Dictionary." subsc

Real Estate Contacts, Inc. Chooses Facebook for Social Media Marketing Expansion

NEW CASTLE, Pa. -- Real Estate Contacts Inc. announces the expansion of its online social media campaign and has chosen Facebook as the primary social media channel.

Real estate transfers - 5/13

Bradley and Anne M. Wertz to Christine M. Batz, 125 S. 11th St., $63,900. Douglas A. Hogue Jr. to Christina Conrad to Damon J. Schlegel and John E. Schlegel, 507 S. Seventh St., $79,000.

China property prices fall again

Chinese property prices continued to fall during April after the government kept policies in place to curb speculation.

State to release sober homes report within two weeks

The state Department of Public Health will issue a long-awaited investigative report on sober homes within two weeks, said Director of Substance Abuse Services Michael Botticelli. The announcement comes after Boston Mayor Thomas M. Menino wrote to Governor Deval Patrick asking him to “expedite the completion and release of the study.” Menino’s letter referred to the Globe’s article last Sunday ...

Is the loan market on the mend?

THE first quarter of 2012 has seen a welcome improvement in the number of home loan approvals nationwide and should boost the sector, says mortgage broker.

TSB Bank Leads the Way with Home Loan Rate Reductions

TSB Bank has today moved to cut its two-year fixed-term mortgage interest rate to 5.5% p.a, making it the lowest rate now on offer. The bank has dropped its two-year fixed rate by 28 basis points. Earlier in the week TSB Bank dropped its one-year fixed-term interest rate to 5.2% p.a.

Palm Beach County property value estimates show small growth or slowing losses

Tumbling property values give way to small growth in Boca Raton, Delray Beach; Boynton Beach shows losses slowing Property values are growing again, even if it's by the smallest amounts, and some local officials hope it could be the beginning of a noticeable recovery.

80 homes evacuated near blaze in northern Colorado

Authorities ordered mandatory evacuations Thursday of dozens of homes close to a wildfire blazing near a scenic canyon in northern Colorado, even going door to door to warn residents of impending danger.

Real Estate Agents See Spring Home Sales Warming

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Realtor.com: Springs market is stabilizing

Colorado Springs was the 54th most searched real estate market in the country on Realtor.com in April. The ranking was higher than the 55th place the city had in March. The higher numbers, combined with falling inventory figures, rising list prices and rising sales prices indicate that the real estate market in Colorado Springs is [...]

Not rattled by rates? Home loan enquiries rise in 2011

New Delhi, May 18 -- Though interest rates hardened in the last few months, consumers are looking to invest in properties and the demand for new homes is on the rise.Home loan enquiries have increased significantly in 2011 compared to 2010 as per a study carried out by Credit Information Bureau (India) Ltd (CIBIL).Enquiries increased by over 21% during the April-december period of 2011 compared ...

Federal Home Loan Bank of New York Declares a 4.50% Dividend For the First Quarter of 2012

NEW YORK, May 17, 2012 /PRNewswire-USNewswire/ -- The Federal Home Loan Bank of New York ("FHLBNY") is pleased to announce that, on May 17, 2012, its Board of Directors ("Board") approved a dividend rate for the first quarter of 2012 of 4.50% (annualized). The FHLBNY's dividend rate for the fourth quarter of 2011 was 5.00%. The dollar amount of the first quarter of 2012 dividend will be ...

Mortgage rates hit record low for third week in a row

Mortgage rates hit record low for third week in a row

Mortgage rates still falling, hit record lows

Mortgage rates have continued to fall over the past week, setting record lows for both 30-year and 15-year contracts, mortgage giant Freddie Mac said Thursday. The 30-year benchmark now stands at 3.79 percent, down from 3.83 percent a week ago, with an average "point" fee of 0.

Ryan Homes Announces the Grand Opening of New Single-Family Homes at The Summit at Providence Corner in Royersford, PA

ROYERSFORD, Pa., May 17, 2012 /PRNewswire/ -- NVR, Inc. (NYSE: NVR), one of the nation's largest homebuilding and mortgage banking companies, announces the Grand Opening of a new single-family home community, ...

Ryan Homes Announces the Grand Opening of The New Mozart Townhome Model at Springridge at Swift Creek in Midlothian, VA

MIDLOTHIAN, Va., May 17, 2012 /PRNewswire/ -- NVR, Inc. (NYSE: NVR), one of the nation's largest homebuilding and mortgage banking companies, announces the Grand Opening of the new Mozart townhome model ...

Mortgage Rates At Record Lows As 30-yr At 3.79%

Mortgage rates hit record lows in the week ending May 17, with the 30-year fixed-rate mortgage average falling to 3.79% from 3.83% in the prior week, Freddie Mac said Thursday in its weekly report.

Mortgage Rates in U.S. Fall to Record Lows With 30-Year at 3.79%

Mortgage rates in the U.S. fell to a record for a third straight week, reducing borrowing costs as the housing market improves and home-loan defaults decline.

Fixed Mortgage Rates Hit Record Lows Again

MCLEAN, Va., May 17, 2012 /PRNewswire/ --  Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS ® ), showing average fixed mortgage rates again hitting new record ...

Guardian Equity Management and Catalyst Property Solutions Form a Joint Venture

HOUSTON, TX-- - Guardian Equity Management and Catalyst Property Solutions today announced the joint venture of the two Houston-based companies. The move allows Guardian, a multifamily property investment ...

Gateway Mortgage Group Enters Omaha, Neb. With Establishment of New Branch

Gateway Mortgage Group, a privately held mortgage company providing conventional, FHA and VA loans through 50 retail branches nationwide, has acquired its largest branch and entere

Century 21 China Real Estate Reports First Quarter 2012 Unaudited Financial Results

BEIJING, May 17, 2012 /PRNewswire-Asia-FirstCall/ -- IFM Investments Limited (NYSE: CTC) ("Century 21 China Real Estate" or the "Company"), a leading comprehensive real estate services ...

Fewer Homes Foreclosed Upon in April

US foreclosure trends improved April, but data points to more repossession.

Report: Fewer US homes foreclosed upon in April

National foreclosure trends took a positive turn in April, as the number of homes seized by banks declined and fewer properties entered into the foreclosure process.

Luxury Homes Spur Bidding Wars in L.A. as Market Rebounds

A week after Christine Lynch listedher house in the Brentwood neighborhood of Los Angeles for$3.625 million, she had seven offers. Within 10 days, a deal wasreached for the five-bedroom, six-bathroom home ...

Kiwibank cuts home loan rates

Another shot across the bows as banks compete for home-loan customers.

Home Sales Jump – Arizona State Credit Union Ready with New Loans

Arizona State Credit Union added construction loans to its home loan portfolio in anticipation of an improving economy, as evidenced by the 27 percent growth of new home sales in M

Bankrate: Mortgage Rates Set 4th New Record in a Row

NEW YORK, May 16, 2012 /PRNewswire/ -- Mortgage rates fell for the seventh time in the past eight weeks and set a new record for the fourth consecutive week. The average rate on the benchmark 30-year fixed ...

Ryan Homes Announces the Grand Opening of New Luxury Single-Family Homes at Windlestrae Estates in Gilbertsville, PA

GILBERTSVILLE, Pa., May 16, 2012 /PRNewswire/ -- NVR, Inc. (NVR), one of the nation's largest homebuilding and mortgage banking companies, announces the Grand Opening of a new, luxury single-family ...

Research and Markets: Licensing of Intellectual Property

Research and Markets has announced the addition of the "Licensing of Intellectual Property." subscription to

Survey: Mass. Realtors gaining more confidence

WALTHAM -- Realtor confidence in Massachusetts last month reached its highest level in the three years a statewide advocacy group has been measuring it.

"30 Under 30" Realtors(R) Represent Future of Real Estate Profession

WASHINGTON, DC-- - Today's real estate market is challenging and competitive, but this year's REALTOR® Magazine "30 Under 30" honorees haven't let that deter them. The 2012 class is following ...
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