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Chicago should see little impact from foreign investment slowdown

After Britain voted to leave the European Union, business and economic leaders began to grow a bit frantic. How will the exit impact foreign investment in U.S. real estate following the decision? Likely, it’s going to depend on the location. While cities on each coast may see a bit more of an impact, experts believe the […]

Luxury listing: Rocky Lake Tahoe retreat

This Lake Tahoe abode features beautiful masonry and wood work inside and outside of the property, which are only complimented by the amazing views of the lake’s West Shore. The home also has a media room with a bar, as well as a sauna, library and wine room. PreviousNext jQuery(document).ready(function(){jQuery(“#ism-slideshow-1”).find(“.carousel-control”).css(“margin-top”,”-“+(jQuery(this).find(“.active .carousel-caption”).height()+25)+”px”);$(“#ism-slideshow-1”).on(“slid.bs.carousel”, function () {jQuery(this).find(“.carousel-control”).css(“margin-top”,”-“+(jQuery(this).find(“.active .carousel-caption”).height()+25)+”px”);});}); The […]

The 20% fallacy: Why you do NOT need 20% down — or do you?

One of the most persistent myths still making its rounds is that you need 20 percent down to get a mortgage. In fact, you have not needed 20 percent down since FHA went into business in 1934. In recent years, as lenders scramble for millennial borrowers, low down payment programs have proliferated like rabbits, including […]

Court overturns Ashby Highrise neighbor’s $1.2M damages ruling

Buckhead Investment Partners of Houston, the developer of the controversial Ashby Tower high-rise in Houston, will not have to pay $1.2 million in damages to neighboring residents. Ashby Tower has been making waves in the Houston community since 2007. Residents of surrounding neighborhoods such as Boulevard Oaks have continued to petition the city against the development, […]

Daily market update: July 11, 2016

We’ll add more market news briefs throughout the day. Check back to read the latest. Mortgage rates: 30-Year Fixed Rate Mortgage Rates for the Past 6 Months | Credio 15-Year Fixed Rate Mortgage Rates for the Past 6 Months | Credio   Home equity rates: Average Home Equity Loan Bank Rates by State | Credio […]

Run a well-oiled office with Clareity Security’s Broker Dashboards

Have suggestions for products that you’d like to see reviewed by our real estate technology expert? Email Craig Rowe. Clareity Security’s back-end, white-label Broker Dashboards are a new brokerage management solution. Platform(s): Browser-based Ideal for: Large brokerages Top selling points Single sign-on to all in-house software tools Central source for broker-agent communications Number of prominent third-party partnerships […]

Short-term rentals no longer welcome in Anaheim

City by city throughout the nation, residents are standing up against short-term rentals. Although the trend isn’t necessarily new, the increase in popularity has led to some residents fighting to keep travelers out of their communities. Ordinances and regulations over the past year have been introduced in several vacation towns where travelers flood the area, even […]

San Francisco in a week: July 4-8

Need news in a flash? Here’s what’s happening in your community San Francisco rent growth is forecasted as the highest in the nation, according to Yardi Matrix’s May report, which says average rent will grow 10.5 percent by the end of 2016 — right above Sacramento’s 8.8 percent. Yardi Matrix Despite having some of the highest […]

Ultra-luxury housing market slows, but still moving

On the heels of Brexit, the ultra-luxury housing market is in question. Mega-mansions and lush estates in Los Angeles are prone to price cuts, according to a recent story in the Los Angeles Times, but the slowdown was somewhat expected this year even before Britian’s vote. The oil turn, global economics and rising home prices in the U.S. […]

Underwater mortgages decreased as equity rose in May

When the housing bubble popped in 2008, it was especially bad news for homeowners with mortgages — those who’d bought just before the slump found themselves paying off mortgages on homes that were suddenly worth less than the mortgage. That situation has been slowly rectifying itself. Black Knight Financial Services reported in its May 2016 Mortgage […]

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