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California wildfire claims 6 more homes

SHINGLE SPRINGS, Calif. (AP) — Fire officials say crews found six more homes destroyed by a Northern California wildfire that led to evacuation orders for about 1,200 people before it was brought under control.

Prudential Mortgage Capital Company provides $48.6 million in financing for Hines’ purchase of German logistics property

Prudential Mortgage Capital Company provided a $48.6 million commercial mortgage to support Hines Global REIT’s acquisition of an industrial warehouse property in Bavaria, Germany. Prudential Mortgage Capital Company is the commercial mortgage lending business of Prudential Financial, Inc.

Federal Home Loan Bank Of New York Announces Second Quarter 2014 Operating Highlights

NEW YORK, July 29, 2014 /PRNewswire-USNewswire/ -- The Federal Home Loan Bank of New York ("FHLBNY") today announced its unaudited financial highlights for the quarter ended June 30, 2014.    "Our members benefit from a stable and reliable Home Loan Bank," said José R. González, president and CEO of the FHLBNY. "At the Federal Home Loan Bank of New York, our stability is reflected through our ...

Federal Home Loan Bank of Atlanta Announces Second Quarter 2014 Operating Highlights

ATLANTA -- Federal Home Loan Bank of Atlanta (the Bank) today released unaudited financial highlights for the second quarter of 2014. All numbers reported below for the second quarter of 2014 are approximate ...

IFG Companies Announces C. Gregory Roblek, Managing Director, Joins Property Unit

IFG Companies has announced that C. Gregory Roblek has joined as a Managing Director -- Property. In that role, Greg will participate in the opening of a new IFG office in the Los

UK mortgage approvals rise for the first time in four months

Mortgages edge up but remain 12pc down on January highs

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.

Nationwide Home Loan and Refinance Lender, Complete Home Loans, Helps Thousands of Home Loan Shoppers Get Easy Bad ...

Bad credit home loans are now easier than ever with the help of Complete Home Loans’ quick online application process. (PRWeb July 29, 2014) Read the full story at

Mortgage approvals back on the rise

The number of people taking out mortgages is back on the rise, according to figures from the Bank of England.

UK mortgage approvals turn around, jump 8 percent in June

By William Schomberg and Tess Little LONDON (Reuters) - British mortgage approvals rose for the first time in five months in June, suggesting lenders were getting back into their stride after the introduction of more stringent tests for borrowers earlier this year. The Bank of England, which is keeping a close eye on Britain's fast-recovering housing market, said mortgage approvals jumped 8 ...

3 Things Homebuyers Should Know, But Don't

Buying property will be one of the biggest financial decisions you make, but many buyers start the process surprisingly unprepared.

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...

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

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 ...

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

Credit via Flickr. When the time comes to buy a home, you should hope for a buyer's market, ample assets in the bank for a down payment, a great home to buy,

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 ...

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.

How a Zillow-Trulia Merger Could Finally Change the Business of Real Estate

Despite the multitude of online real estate websites, buying a home today remains stubbornly anachronistic, with dual real estate agents, proliferating fees, and reams of old-fashioned paper documents.

The best shows during UMS 2014: Real Estate, StaG, Residual Kid and more

Reverb and Denver Post staffers have compiled their lists of favorite shows at UMS 2014.

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

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 ...

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

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.

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 ...

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 ...

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 ...
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