Lenders stick listing agents with REO liabilities
SAN FRANCISCO -- With distressed and bank-owned properties now capturing a double-digit share of home sales in many markets, some agents and brokers ...Personive exec aims to boost Web 2.0's potential
Jack Horton is senior vice president for Personive, a company that allows individuals to register at the site to protect their privacy and manage ... Getting listings noticed: something old, something new
SAN FRANCISCO -- Real estate agents and brokers shouldn't underestimate the power of two tools for getting their listings noticed -- the humble digital ... Ending the cycle of 'Realtor-on-Realtor action'
SAN FRANCISCO -- Jim Cronin, the owner of the Real Estate Tomato blog site, said there is a lot of "Realtor-on-Realtor action" going on ... Blogging recipe: 4 parts listening, 1 part writing
SAN FRANCISCO -- Ben Martin, director of communications and new media at the Virginia Association of Realtors, has a recipe for blogging. "I ... Home sales can't keep up with May's pace
June home sales slide, inventory swells Sales of existing U.S. homes in June fell to a seasonally adjusted annual rate of 4.86 million units, down ... Craig talks media, rights and html
SAN FRANCISCO -- OK, there's the 12 billion page views per month and more than 30 million users per month, the blog report that the 26-employee company ... Foreclosure crisis 'is like Hurricane Katrina'
SAN FRANCISCO -- The massive waves of foreclosures have bogged down the nation like a natural disaster and require a large-scale response, said Frances ...
Iggys House site returns to Web
The Iggys House Web site is live again after an extended downtime in late June and early this month, and the company is announcing plans for new ...House OKs capital backstop for Fannie, Freddie
A bill that authorizes a $300 billion expansion of FHA loan guarantee programs and gives the Treasury Department additional leeway to buy the debt ... Better Homes and Gardens gets real estate makeover
Sherry Chris, president and CEO for Better Homes and Gardens Real Estate -- the newly launched Realogy franchise brand -- was in an airport when ... Vote on big housing bill could come today
The House of Representatives is expected to vote as early as today on a sweeping housing bill that would expand FHA loan guarantee programs by $300 ... Top RE blog platforms revealed
ActiveRain, WordPress most popular RE blog platforms A survey of 128 real estate bloggers found the median age of their blogs was less than a year, ... Web designer finds success in real estate video
Fred Light is a video producer with Nashua Video Tours in Nashua, N.H. He's been working with Realtors to produce video tours of property listings ... Ex-cons land mortgage jobs, commit millions in fraud
Report: Florida allowed criminals to originate mortgages Florida regulators allowed more than 10,000 people with criminal records to work in the ...
Kids, startups, moving a bad mix
John Helm, founder and CEO of MyNewPlace.com, saw an opportunity to create a better apartment-hunting process and sparked up the Web site to help ...5 ways to connect at Real Estate Connect
Editor's note: The annual Real Estate Connect conference in San Francisco begins tomorrow, July 23, and ends on Friday, July 25. There are ... Taxpayers, ready to bail out GSEs?
$25 billion price tag for Fannie, Freddie bailout The Bush administration's proposal to authorize the Treasury Department to purchase the debt ... California mortgage defaults up 125%
Lenders started foreclosure proceedings on a record number of California homeowners in the second quarter, the result of declining home values and ... New RE tool generates custom, on-the-fly reports
Real estate data company Altos Research today announced an Internet application that allows users to query the company's database to quickly generate ... Short-sale expert recommends specialization
Eli Tene, president of I Short Sale Inc., has negotiated thousands of short-sale transactions since 1991. He specializes in foreclosures, residential ... ProOffer.com ties commissions to performance
A new Web site promises to connect home buyers and sellers with real estate agents willing to work under a "pay for performance" model that ...
MLS data-sharing effort adds 3 members
The vendor for the California MLSAlliance, a real estate data-sharing system in California that pools property information from multiple listing ...Movoto partners with builders
Movoto adds new-home listings Movoto.com, an online real estate site where consumers can search homes for sale in select states and find top-rated ... Prospect Mortgage buying up IndyMac branches
Prospect Mortgage set to acquire IndyMac branches Aug. 7 Prospect Mortgage says it's moving forward with plans to acquire up to 80 retail mortgage ... Success takes more than tech
The following is a collection of reader comments found on Inman.com: No substitute for knowledge 'Bradley, find that Realtor's card in my ... Zillow, from Astroturf to Zestimates
Editor's note: Tech Profile is a new Inman News feature that provides details about real estate technology companies. Company name: Zillow.com ... 'Embrace the Internet,' says RealSeekr founder
Grant Freer is founder and CEO for RealSeekr.com, a real estate search and networking site (see Inman News article). He will speak during the ... All eyes on Better Homes and Gardens
Better Homes and Gardens Real Estate unveiled Company officials will pull down the curtain on Realogy Corp.'s Better Homes and Gardens franchise ...
Industry pushes for HUD to drop RESPA rule change
Editor's note: Participate in an Inman Community group discussion about proposed changes to the federal Real Estate Settlement Procedures Act (RESPA) ...Freddie Mac considers stock plan
Freddie Mac weighing share issue to raise $10 billion Freddie Mac announced today that it has taken a preliminary step toward issuing stock by ... ListHub exec stresses Internet marketing
Celeste Starchild is vice president of broker sales for ListHub, the broker division at real estate technology company Threewide Corp. The company ...
HomePerks offers real estate rewards
HomePerks, a company that last year launched a system for real estate professionals to offer rewards to other professionals and to consumers, has ...Is that preforeclosure really for sale?
First Team adds RealtyTrac data Prospective home buyers searching for property listings at the Web site of Orange County, Calif.-based First Team ... L.A. among most walkable major cities?
The cliché about Los Angeles is that you can't get anywhere without a car. But a computer algorithm that doesn't deal in clichés has identified ... Fannie, Freddie problems not pushing rates up
Fears that the government will be forced to bail out Fannie Mae and Freddie Mac may actually be helping drive mortgage rates down, an effect that ... Single-family starts slow to 1991 pace
Starts rise from May to June but fall 27% year-over-year Housing starts were down about 26.9 percent year-over-year in June, the U.S. Census Bureau ... Mortgage insurers brace for defaults on 2007 loans
The problems in the private mortgage insurance industry may get worse before they get better, analysts at Fitch Ratings say, with loans insured in ...
Real estate information overload
Merlin Mann recalls those days in his youth spent listening to the frenzied conversations of agents in his mom's real estate office. "They ...Top obstacles for first-time buyers
Poll: Most see housing downturn worsening About three out of four Americans think the housing crisis has not reached its worst point, but nearly ... Mortgage insurance in 5 seconds
SearchMyLoan.com searches for PMI, too SearchMyLoan.com users can now shop for mortgage insurance using a search and pricing engine that matches ... I should've left property management sooner
Rob Massey Jr. is founder of RentalHouses.com and also consults for Rentals.com. Massey's background includes working in the property management ... PropertyShark chomps on real estate data
Editor's note: Tech Profile is a new Inman News feature that provides details about real estate technology companies. Company name: PropertyShark.com ...
Locale partners with Frontdoor
Locale adds listings to Frontdoor.com Locale.com, a real estate search site that focuses on locations known for lifestyle amenities, has announced ...Fannie, Freddie don't plan to borrow from feds
A government plan to extend a line of credit to Fannie Mae and Freddie Mac and buy stock in the companies if needed was not prompted by any sudden ... Bernanke: Inflation remains a top concern
Despite continued weakness in the housing sector and employment, inflation continues to be among the Federal Reserve's biggest short-term concerns ... Home builder plans trouble analysts
Big builders warming up to land purchases Despite the housing slump, major builders are revisiting land purchases and development, according to ... A tough road to financial responsibility
The following is a collection of reader comments found on Inman.com: Bringing back the '80s Imagine housing without a secondary market ... Companies rallying for seller-funded down payments
Nonprofits that funnel money from homebuilders into seller-funded down payment assistance programs are ramping up a public relations campaign to ...
Fed draws up new rules for mortgage lenders
The Federal Reserve Board Monday unveiled rule changes intended to curb deceptive mortgage lending practices, most of which will take effect in October ...Restoring the housing market
At the peak of the housing boom in 2005, my pal Mitch asked me, "Does someone truly own a house when they put nothing down?" His question ... Feds give Fannie, Freddie access to capital
Fears that the government might have to bail out Fannie Mae and Freddie Mac have sent the companies' share prices plummeting, but the turmoil in ... FSBO.com president grew out of tree business
Michael "Mike" T. Malkasian is president of FSBO.com, a for-sale-by-owner real estate search site. He will speak during Bloggers Connect ... N-Play brings online purchase offers into play
A new online system aims to reduce the stress and guesswork in preparing and accepting purchase offers in home-sale transactions by ranking Internet-based ...
Trulia raises $15 million
Trulia receives another capital infusion Residential real estate search engine Trulia on Thursday announced it has secured an additional $15 million ...Feds close down IndyMac Bank
In the biggest bank failure of the housing downturn to date, federal banking regulators today closed IndyMac Bank FSB, naming the Federal Deposit ... Fannie, Freddie say bailout is not imminent
Federal regulators and officials at Fannie Mae and Freddie Mac reiterated Friday that the companies are adequately capitalized and that a government ... Nonprofit opens vast database to public
A nonprofit organization that revitalizes communities by investing in affordable housing, schools and businesses is making the vast store of data ... Study questions RESPA's reliance on 'sunshine'
Editor's note: Join the discussion about reform of the federal Real Estate Settlement Procedures Act in the "RESPA Reform" group at the ... Realtor learns you get out what you put in
Kevin Tomlinson is a Realtor in Miami who created and writes the South Beach Condos Blog. Tomlinson is an agent with EWM Realtors, a brokerage ... Mapping-patent backers settle with one agent
Real Estate Alliance Ltd., a company that sells licenses to an electronic mapping technology, and the inventor announced Thursday that a Manhattan ... Craig, Merlin, bulls and bears, oh my
The Craig behind craigslist, bulls and bears, Merlin's "magic," six industry-changing ideas, the "MLS Mess," and the leader of ... Senate sends sweeping housing bill to House
Senate lawmakers Friday signed off on a bill that would modernize the Federal Housing Administration and expand FHA loan guarantee programs by $300 ...
Foreclosure-related filings dip 3.4% in June
The number of homes subjected to foreclosure-related filings fell 3.4 percent nationwide from May to June, data aggregator RealtyTrac reported today, ...BofA: Expect large home-price declines
BofA sees additional 15% drop in real estate prices Bank of America expects home prices will fall an additional 15 percent nationwide and 20 percent ... Can you name that price?
ZipRealty offers Realius price game Brokerage company ZipRealty has teamed with online real estate gaming company Realius (see Inman News) to ... Investors fear bailout of Fannie, Freddie
Shares of Fannie Mae and Freddie Mac hit 17-year lows today as investors' fears about the companies' ability to raise additional capital fueled speculation ...
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