Real Estate News

A bit of 2008 déjà vu: The housing market hits a level not seen since the last bubble

Residential appraisers are doing their jobs remotely <p> The Appraisal Foundation - In 1989 the US Congress passed Title XI of the Financial Institutions Reform, Recovery and Enforcement Act of 1989 (FIRREA) , more commonly known as the Savings and Loan Bailout Bill.  FIRREA established a real estate appraiser regulatory system involving the Federal Government, the states, and The...

What Is eClosing Software? Notarize and Snapdocs announce eClosing partnership

Unsuspectingly Following Your Floor Plan into an Architectural Copyright Wall Earlier this month, the U.S. Supreme Court was asked to consider revisiting an August 2021 decision made by the U.S. Court of Appeals for the Eighth Circuit (Designworks Homes, Inc. v. Columbia House of Brokers Realty, Inc., Case No. 19-3608 (8th Cir. 2021)). The Eighth Circuit decision is presented as upsetting a long h...

Who ya' gonna call?    And what will you tell them?

Opendoor disciplined by North Carolina Real Estate Commission

Almost half of American renters fear they’ll never own a home - Lending Tree found 48% of renters believe rising home prices & stagnant wages mean they’ll never become homeowners.<p> Affordable Housing Initiative In Florida Tops 62,000 Signatures - If proposal gets on ballot & approved by 60% of voters, it would establish & require state trust funds receive at least 25% of revenu...

There are an estimated 175,000 condo associations in the U.S., according to the Community Associations Institute, making the property type an important part of the housing market. Those associations oversee millions of condo units – some are high-value penthouses, but many units serve as retirement homes, starter homes and investment properties. Expect HUD to issue its own rules...in addition to c...

Foreclosures are on the rise. Here’s what that says about the housing market

Foreign buyers are moving in on US real estate Israeli-based app is making it easier for foreigners to buy US real estate Arizona officials enraged over farmland purchases by Saudi Arabia to grow hay

Fair Housing Compiled Resources Fair Housing homepage Latest videos, news, publications, and information about fair housing. Fairhaven: Interactive Training Supports Fair Housing(link is external) Fair Housing Self-Study Module - designed to increase awareness and greater understanding of fair housing issues. Fair Housing Compiled References A collection of videos, articles, publications and other...

Is Buying Distressed Properties a Good Real Estate Investment? What Will 2022 Look Like for Senior Housing ? As gas prices soar, will real estate agents reconsider cost and way of doing business? Bend real estate group’s lawsuit prompts federal judge to block Oregon’s new ‘love letter’ ban Oregon ban on real estate ‘love letters’ blocked by preliminary injunction Insights into How Conflict in Ukra...

People are moving to Atlanta. Here's where they're coming from. - Can you gues? Real Estate Developers Pivot to Build-to-Rent Can You Buy a House with Crypto? Some Lenders Say ‘Yes’ What to know about cryptocurrency and real estate Operators of Investment Coaching Scheme Banned from Industry and Ordered to Pay Millions in Redress to Defrauded Consumers

I s the Housing Market Stuck? Why Buyers Are in a Rush—and Sellers Just Won’t Budge Millennials are willing to make rash decisions to afford a home in a competitive market, including buying a home sight unseen (90%), purchasing a fixer-upper that needs major repairs (82%), and offering over asking price (80%). - https://www.realestatewitch.com/2022-millennial-home-buyer-report/ Nonetheless, the fa...

Evaluating Real Estate Investments -- Identifying Fraud | Whitman Legal Solutions, LLC - JDSupra The growth of Stewart Title toward an end-to-end real estate experience - HousingWire Virtually Real, Real Estate: An Intro Into “Real Estate” in the Metaverse | Ingram Yuzek Gainen Carroll & Bertolotti, LLP - JDSupra FinCEN Seeks Comments on Potential Requirements Under the Bank Secrecy Act | Wein...

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Real Estate Tips: Six Important Things to Know About Wire Funds Wire funds are processed through the Federal Reserve on the East Coast – so there is a five hour time difference. Escrow officers have cut off times to wire out and receive funds. Wire funds are not instant, it is not like a text or an email. Wire funds can take several hours or up to even three days depending upon a variety of things...

Almost half of American renters fear they’ll never own a home - study by Lending Tree  Affordable Housing Initiative In Florida Tops 62,000 Signatures - If proposal gets on ballot & approved by 60% of voters, it would establish & require state trust funds receive at least 25% of revenue from document-stamp taxes collected on real-estate transactions & detail how money could be use...

Real estate in the metaverse is booming. Is it really such a crazy idea? Use your grade school and middle school analytical tools...by asking questions... Who What Where When  Why How Update 1-12-22:   Investors are paying millions for virtual land in the metaverse Update 1-16-2022:   Who Wants To Become A Digital Landlord? Updated:   Virtually Real, Real Estate: An Intro...

I recommend you take a course to get a more in depth look and analysis of changes to the Georgia Association of Realtors (GAR) contracts. GAR contract forms are the standard used by the majority of real estate agents to write residential real estate contracts. Check out Maximum One Training videos and handouts - Training Videos & CE Classes & Handouts Summary of GAR Form Changes ...

PERLMUTTER, KUSTOFF INTRODUCE LEGISLATION TO MODERNIZE REAL ESTATE APPRAISAL LICENSING SYSTEM - bipartisan legislation to modernize the real estate appraisal licensing system. The Portal for Appraisal Licensing Act establishes a nationwide licensing system for real estate appraisers to improve the appraisal regulatory structure, reduce cost, and eliminate red tape.  “The Portal for Appraisal...

Hold onto your hat....all the Ex "sperts" are speaking... Hold onto your hat….all the Ex “sperts” (Ex = has been and sperts = drips under pressure) are speaking… Bottom Line: Roses are red, violets are blue, you paid dearly in 2021, and you'll do it again in 2022! Leading economists and analysts on the 4 things to look for in the housing market in 2022 Home Price Surge Will Slow Down, Economist Sa...

Anti-Money Laundering Regulations for Real Estate Transactions FinCEN, Advance notice of proposed rulemaking, RIN 1506-AB54 In addition to shell companies, FinCen may want to also consider monitoring Commercial real estate transactions and individuals as well. Bottom line:  More record keeping and paperwork ahead without much impact on catching money laundering activities...at least not the b...

This article explains it well - Extraordinarily high levels of home equity, thanks to the recent runup in home prices, has struggling borrowers in a far better position now than they were at the start of the pandemic. There are still 1.618 million borrowers in forbearance programs (down from roughly 5 million at the peak in May 2020), or 3.1% of all outstanding mortgages, representing an unpaid ba...

Treasury wants more oversight of all-cash real estate deals Top iBuyers Treasury Secretary Jacob Lew letter to Paul Ryan 5-5-2016 Proposed Bank Secrecy Act Language  Banks, money transmitters and even casinos must file SARs if they suspect their businesses are being used for illicit purposes. The real-estate sector, in contrast, has relatively few reporting requirements even though an estimat...