In The News

The Next Version of Websites – Virtual Reality Used To Sell Real Vacations, Real Estate

real-estate-housing-canadian-press-cropped-8col

They are calling it the next version of websites – virtual reality. If they are right, you will be buying everything from vacations to real estate virtually. Dan Riordan has a lot to smile about these days. “We’ve already written ...

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Expats Guide to Settle in Australia

In case you’re new to Australia, you’re likely searching for a level or house to live in. Most capital urban areas have aggressive rental and lodging markets and it can take eventually to discover precisely what you’re searching for. In ...

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Home Equity and Home Prices Continue Slow Climb

Home Prices are Headed Upward

The falling temperature of the chilling winter months doesn’t seem to have lowered home prices. In the fourth quarter, prices for single-family homes increased in 73 percent of American cities, a sign that we are still on track for recovery. But, ...

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Falling Mortgage Rates, South Florida’s Struggling Market & Other News

Delinquent Mortgages Still High

Delinquent Mortgages Still High in South Florida After getting badly battered by the housing downturn, things seem to finally be on the mend for the South Florida housing market. But, despite the baby steps toward improvement, the market still holds the ...

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Florida homeowners win US$2.5m over ‘foreclosure and mortgage abuses’

Florida homeowners

More than 1,700 property owners receive almost $US1,500 from award under the National Mortgage Settlement for ‘unacceptable practices’ More than 1,700 owners of foreclosed property in Florida, United States, are to receive US$1,480 over unacceptable mortgage practices. The claims, which ...

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Cash deals crush first-time buyers

Cash deals crush first-time buyers

First-timers comprised just 27 percent of all home buyers in December, the lowest share since that stat has been tracked. Morgan and Tyler Brasfield are “dying” to buy a home, especially since the birth of their second child six months ...

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Startup plans to use funding to further push into real estate market

real estate market

Real estate startup Planwise has closed a funding round with an investment from Second Century Ventures, a 5-year-old venture capital fund of the National Association of Realtors. San Francisco-based Planwise launched in 2011 and recently completed NAR’s’ tech accelerator program, REach. NAR does ...

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Rule Change Forces Lenders to Disclose Appraisal Documents

Rule Change Forces Lenders to Disclose Appraisal Documents

A new rule, effective Jan. 18, makes the appraisal and loan underwriting process substantially more transparent for the average borrower. Specifically, an amendment to Regulation B, one of the regulatory provisions pursuant to the implementation of the Equal Credit Opportunity ...

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Foreclosures are Down; Tracking Home Values in Minority Communities

Foreclosures are Down; Tracking Home

Foreclosures Drop to Lowest Levels Since 2007 The new year is bringing in a lot of hope for the housing market. Foreclosure filings, which indicate repossession of homes because of missed mortgage payments, dropped to their lowest levels since 2007. ...

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Khloe and Lamar Officially List Tarzana Mansion

Khloe and Lamar Officially List Tarzana Mansion

It appears the rumors were true. Following weeks of speculation that Khloe Kardashian and Lamar Odom were privately shopping their home in Tarzana, a neighborhood of Los Angeles, we finally have proof that the celebrity couple are looking to sell: Their mansion ...

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