March 26- A former LPL Financial LLC broker who borrowed nearly $2.3 million from clients to build a vacation rental property in Hawaii has been permanently barred from the securities industry in a settlement reached with Wall Street's watchdog. Raymond Daniel Schmidt, who was affiliated with the unit of LPL Financial Holdings Inc in Oceanside, California,...» Read More
NEW YORK, Oct 27- The euro recovered lost ground in limited trade on Monday, boosted by weaker-than-expected U.S. housing data that softened a blow to the currency from news that German business morale fell. September pending home sales gained 0.3 percent, according to the National Association of Realtors, versus a 0.5 percent gain forecast in a Reuters poll of...
NEW YORK, Oct 27- The euro recovered lost ground in rangebound trade on Monday, boosted by weaker-than-expected U.S. housing data that softened the blow to the euro zone common currency from news that German business morale fell. September pending home sales gained 0.3 percent, according to the National Association of Realtors, versus a Reuters poll of...
Oct 24- In August 2013, Goldman Sachs and Azora bought 2,935 apartments in Vallecas, Madrid, for an average 980 euros per square metre- roughly a 50 percent discount to the market rate. "It's a high default rate," said IE Business School professor Miguel Hernandez. Sources: IVIMA, Madrid real estate agents, sources close to the funds.
*Existing home sales rise 2.4 percent in September. WASHINGTON, Oct 21- U.S. home resales jumped to their highest level in a year in September, the latest indication that the housing market recovery is gradually getting back on track. The National Association of Realtors said on Tuesday existing home sales rose 2.4 percent to an annual rate of 5.17 million units,...
WASHINGTON, Oct 21- U.S. home resales jumped to their highest level in a year in September, the latest indication that the housing market recovery is gradually getting back on track. The National Association of Realtors said on Tuesday existing home sales rose 2.4 percent to an annual rate of 5.17 million units, the strongest reading since September of last year.
NEW YORK, Oct 2- Mortgage credit remains. For example, at Boston- based real-estate lender Edward Voccola& Co. clients who borrow to buy rental properties must simply provide identification, the property address and the expected annual rent. The Mortgage Bankers Association's Mortgage Credit Availability Index, which measures the ease of obtaining a home loan,...
Sept 30- Rupert Murdoch's News Corp said it would buy Move Inc, the owner of property websites such as realtor.com, for about $950 million to expand its digital marketing business. Australian real estate website REA Group Ltd, which is 61.6 percent owned by News Corp, will take a 20 percent stake in Move for about $200 million, News Corp said.
Glenn Kelman, Redfin CEO, explains how his company is changing the way people purchase their homes and the return of the house flip.
A recent study shows millenials are shrinking away from homeownership. Glenn Kelman, Redfin CEO, shares his thoughts on the future of housing and a change in the American psyche from owner to renter.
Tai Hui, Chief Market Strategist, Asia at J.P. Morgan Funds, expects Hong Kong and Singapore property prices to cool as a result of government measures instead of higher U.S. borrowing costs.
Jon Neale, head of research at Jones Lang LaSalle, says there is no broad-based recovery in the U.K. housing market as prices are rising at different paces around the country.
Many Russians who own property around the world ask the help of multilingual real estate consultants when looking at New York real estate. NYT reports.
The NBA legend had listed the property for $29 million, then $21 million.
Wells Fargo is cutting 2,300 jobs from in the mortgage production unit,the company said on Wednesday.
Applications for U.S. home mortgages fell last week, driven by a decline in demand for refinancing loans as mortgage interest rates remained at a two-year high.
Carlo Sant'albano, Executive Chairman at Cushman & Wakefield explains why he's positive on the long-term performance for Asian real-estate despite the surge in home prices.
Americans who have trouble dividing 300 by 2 are much more likely to end up in foreclosure than consumers with average math skills, according to a new study.
I. Dolly Lenz, who has brokered more than $8 billion in deals over 25 years and has long been on the top real-estate deal-makers in New York, is leaving Douglas Elliman Real Estate.
Another surge in interest rates pushed prospective U.S. homebuyers to act as demand for applications for mortgages, which rose for the first time in a month.
Dolly Lenz, Prudential Douglas Elliman, says smart sellers are catering to the new buyers from Asia. She believes buyers from China make up about 10 percent of the market. "That's a lot," she adds.