Category: Business » Real Estate
May Home Prices Up 17 Percent, Sales Volume Reaches Four-Year High: Redfin
17 Jun 15:10 | Business
Technology-powered real estate brokerage Redfin has released its Real-Time Home Price Tracker, showing May home prices increased 17 percent year over year, and rose 4 percent since April.read more »
CoreLogic Report Shows Home Prices Rise by 12.1 Percent Year Over Year
4 Jun 2013 | Business
CoreLogic has released its April CoreLogic HPI report which shows home prices nationwide, including distressed sales, increased 12.1 percent on a year-over-year basis in April 2013 compared to April 2012. read more »
Florida-Based Stock Promoter Pleads Guilty to Lying to SEC Investigators
1 Jun 2013 | Business
The SEC has announced the subject of an enforcement inquiry in Florida has pled guilty to criminal charges for obstructing justice and lying to SEC investigators looking into his real estate securities offerings to investors.read more »
Home Prices See Strong Gains in the First Quarter: S&P/Case-Shiller Home Price Indices
29 May 2013 | Business
Data through March 2013 released in the S&P/Case-Shiller Home Price Indices show that all three composites posted double-digit annual increases, with all 20 cities posted positive year-over-year growth. read more »
Two Women Sentenced To Prison For Roles In $1.3 Million Mortgage Fraud
28 May 2013 | U.S. News
Orpel Tucker, 44, of Washington, D.C., and Tania Firmani, 46, of Brooms Island, Maryland, have been sentenced to prison terms for their roles in a mortgage fraud scheme that cost mortgage lenders more than $1.3 million.read more »
Independent Foreclosure Review Payments Near $2.3 Billion
24 May 2013 | Business
More than 2.5 million people have cashed or deposited nearly $2.3 billion in checks related to the Independent Foreclosure Review Payment Agreement through May 23.read more »
13 Million U.S. Homeowners Owe More Than Their Home Is Worth
23 May 2013 | Business
The national negative equity rate fell in the first quarter, to 25.4 percent of all homeowners with a mortgage, according to the first quarter Zillow Negative Equity Report.read more »
Mortgage Rates Rise For Third Consecutive Week
23 May 2013 | Business
Mortgage rates increased for a third consecutive week, with the benchmark 30-year fixed mortgage rate rising to 3.74 percent, according to Bankrate.com's weekly national survey. read more »
Annual U.S. Home Value Appreciation Exceeds 5 Percent for Sixth Straight Month
21 May 2013 | Business
Home values continued to climb in April, increasing 0.5 percent from March to a Zillow Home Value Index of $158,300, according to the April Zillow Real Estate Market Reports. read more »
Home Prices Increased By 7.3 percent In 2012: CoreLogic Case-Shiller
17 May 2013 | Business
The CoreLogic Case-Shiller Indexes estimate that home prices increased by 7.3 percent in 2012, the strongest rate of appreciation in nearly seven years, with the trend of rising prices expected to continue. read more »
House Energy Costs Should Be Listed In All Real Estate Transactions: Report
16 May 2013 | Business
A new report suggests requiring energy costs of a house to be listed in all real-estate transactions would one way of encouraging people to develop "net-zero houses", or residences that generate as much energy as they use over the course of a year.read more »
Two Perpetrators of Nationwide 'Walk Away Today' Scam Plead Guilty
13 May 2013 | U.S. News
Mark S. Farhood, 49, formerly of San Diego, California, and Jason S. Sant, 37, of Lecanto, Florida, have pleaded guilty to conspiracy charges in connection with their nationwide online foreclosure rescue scam that went by various names, including Home Advocate Trustees and Walk Away Today.read more »
U.S. Marshals Make Largest Real Property Sale In Service History
9 May 2013 | U.S. News
The United States Marshals Service has announced the largest sale of real property in U.S. Marshals Service history. read more »
CoreLogic Home Price Index Rises by 10.5 Percent Year Over Year in March
7 May 2013 | Business
CoreLogic says its March HPI report shows home prices nationwide, including distressed sales, increased 10.5 percent on a year-over-year basis compared to March 2012. read more »
Home Prices Rise in February According to the S&P/Case-Shiller Home Price Indices
30 Apr 2013 | Business
Average home prices increased 8.6% and 9.3% for the 10- and 20-City Composites in the 12 months ending in February 2013, according to the latest S&P/Case-Shiller Home Price Indices.read more »
Mortgage Broker Pleads Guilty to $100 Million Loan Origination Fraud
29 Apr 2013 | Business
Mary Armstrong, an unlicensed mortgage broker who operated a nationwide loan origination fraud and kickback scheme from San Diego, pled guilty today to five counts of an indictment charging her with wire fraud, money laundering, and conspiracy. read more »
Northern California Real Estate Pleads Guilty To Bid Rigging
17 Apr 2013 | U.S. News
A Northern California real estate investor has agreed to plead guilty for his role in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Northern California.read more »
Russian Spy House In New Jersey For Sale
16 Apr 2013 | U.S. News
The U.S. Marshals Service is selling a single family home in Montclair, N.J., whose previous owners were part of a Russian spy ring busted by the FBI in 2010.read more »
March Home Prices Up 15 Percent: Redfin
15 Apr 2013 | Business
Technology-powered real estate broker Redfin says its Real-Time Home Price Tracker for March 2013 shows home prices increased 15 percent year over year across 19 major U.S. markets.read more »
CoreLogic Home Price Index Rises by 10.2 Percent Year Over Year in February
3 Apr 2013 | Business
CoreLogic says home prices nationwide, including distressed sales, increased 10.2 percent on a year-over-year basis in February 2013 compared to February 2012, according to its February CoreLogic HPI report. read more »
Home Prices Accelerate In January: S&P/Case-Shiller Home Price Indices
27 Mar 2013 | Business
The S&P/Case-Shiller Home Price Indices showed average home prices increased 7.3% for the 10-City Composite and 8.1% for the 20-City Composite in the 12 months ending in January 2013.read more »
Americans Expect Home Prices And Mortgage Rates To Increase
7 Mar 2013 | U.S. News
Consumer attitudes toward the economy and housing continue to diverge this winter, according to Fannie Mae's February 2013 National Housing Survey results. read more »
CoreLogic Home Price Index Rises by Almost 10 Percent Year Over Year in January
5 Mar 2013 | Business
CoreLogic says its January HPI report shows home prices nationwide, including distressed sales, increased on a year-over-year basis by 9.7 percent in January 2013 compared to January 2012. read more »
January Annual Home Value Increase Is Largest Since Summer 2006
22 Feb 2013 | Business
Home values began 2013 on a positive note, much the same way they ended 2012, and rose for the 15th consecutive month in January to a Zillow Home Value Indexi of $158,100, according to the January Zillow Real Estate Market Reportsii.read more »
Conference Board Leading Economic Index For The U.S. Increases
21 Feb 2013 | Business
The Conference Board Leading Economic Index (LEI) for the U.S. rose 0.2 percent in January to 94.1 (2004 = 100), following a 0.5 percent increase in December, and no change in November.read more »
Four Plead Guilty To Selling Homes Without Real Property Owners Knowledge
20 Feb 2013 | U.S. News
Four individuals, including two settlement agents in Annandale Virginia, have pleaded guilty to conspiring to fraudulently taking over the titles of homes in Washington, D.C., without the real property owners’ knowledge, selling those homes, and keeping the profit.read more »
Home Prices Hit Highest January Levels in Four Years: Redfin
15 Feb 2013 | Business
Real estate broker Redfin says its Real-Time Home Price Tracker for January 2013 showed home prices increasing 10 percent year over year across 19 major U.S. markets. read more »
President of Bogus Foreclosure Rescue Company Pleads Guilty
14 Feb 2013 | U.S. News
An Ocean County man has admitted his role in a mortgage loan fraud scheme that succeeded in obtaining $4.4 million in mortgage loans while masquerading as a foreclosure rescue operation based in Holmdel, New Jersey.read more »
Consumer Housing Sentiment Continues To Rise: Fannie Mae
7 Feb 2013 | U.S. News
Increasing confidence in home sales and an improved sense of job security provide further evidence of the strengthening of the housing market, according to Fannie Mae's January 2013 National Housing Survey results. read more »
CoreLogic Home Price Index Rises for the 10th Consecutive Month
5 Feb 2013 | Business
CoreLogic says its December HPI report showed home prices nationwide, including distressed sales, increased on a year-over-year basis by 8.3 percent in December 2012 compared to December 2011. read more »
SEC Charges Florida Real Estate Executives In $300 Million Investment Scheme
31 Jan 2013 | Business
The Securities and Exchange Commission has charged five former real estate executives who defrauded investors into believing they were funding the development of five-star destination resorts in Florida and Las Vegas when they were actually buying into a Ponzi scheme. read more »
National Radio Talk Show Host Indicted In $9.7 Million Mortgage Fraud Schemes
30 Jan 2013 | Business
A suburban Chicago lawyer who hosts a national radio talk show was indicted on federal charges for allegedly engaging in two mortgage fraud schemes that defrauded lenders of a total of approximately $9.7 million. read more »
Home Prices Extend Gains According to the S&P/Case-Shiller Home Price Indices
29 Jan 2013 | Business
House prices rose 4.5% for the 10-City Composite and 5.5% for the 20-City Composite in the 12 months ending in November 2012, according to the S&P/Case-Shiller Home Price Indices released today.read more »
CoreLogic Home Price Index Rises 7.4 Percent Year Over Year in November
15 Jan 2013 | Business
CoreLogic says its November HPI report shows home prices nationwide, including distressed sales, increased on a year-over-year basis by 7.4 percent in November 2012 compared to November 2011. read more »
20 Million U.S. Homeowners Own Homes Free And Clear Of Mortgage Debt
10 Jan 2013 | Business
Almost 21 million Americans, or 29.3 percent of homeowners, own their homes outright, unencumbered by a mortgage, according to a recent Zillow analysis of mortgage data.read more »
Major U.S. Financial Institutions Pay $8.5 Billion To Settle Foreclosure Charges
7 Jan 2013 | Business
Ten of the biggest banks and mortgage companies in the United States have agreed to an $8.5 billion settlement with the government over charges they foreclosed on millions of mortgage holders who should have been allowed to stay in their homes.read more »
Mortgage Rates Pull Back
27 Dec 2012 | Business
Following last week's jump, mortgage rates pulled back this week, with the benchmark 30-year fixed mortgage rate sliding to 3.59 percent according to Bankrate.com's weekly national survey. read more »
Home Prices Show Sustained Recovery: S&P/Case-Shiller Home Price Indices
26 Dec 2012 | Business
Home prices rose 4.3% in the 12 months ending in October in the 20-City Composite, out-distancing analysts' forecasts, according to the S&P/Case-Shiller Home Price Indices.read more »
Home Prices Up 10% Year over Year in November Says Redfin
21 Dec 2012 | Business
Real estate broker Redfin says its Real-Time Home Price Tracker for November shows home prices increasing 10.1 percent year over year with a 2.2 percent month-over-month increase across 19 major U.S. markets. read more »
National Home Values Continue Upward March In November
19 Dec 2012 | Business
Home values have now increased every month for more than a year, rising 0.6 percent from October to November to a Zillow Home Value Index of $156,200, according to the November Zillow Real Estate Market Reports.read more »
National Credit Default Rates Ticked Up in November
18 Dec 2012 | Business
National credit default rates increased during November but was solely driven by an increase in the first mortgage default rate, according to data released by S&P Dow Jones Indices and Experian for the S&P/Experian Consumer Credit Default Indices. read more »
Mortgage Rates Show Little Movement
13 Dec 2012 | Business
Mortgage rates showed little movement, with the benchmark 30-year fixed mortgage rate reversing last week's move and rebounding to 3.52 percent, according to Bankrate.com's weekly national survey. read more »
Improved Consumer Attitudes Suggest Continued Strength In Housing Market: Fannie Mae
10 Dec 2012 | Business
Despite continued uncertainty surrounding the fiscal cliff, Americans are showing increased confidence in the housing market and the direction of the economy, according to results from Fannie Mae's November 2012 National Housing Survey.read more »
Home Prices Show Biggest Yearly Increase Since June 2006
4 Dec 2012 | Business
Home prices nationwide increased on a year-over-year basis by 6.3 percent in October 2012 compared to October 2011, according to CoreLogic, which represents the biggest increase since June 2006.read more »
Number Of Foreclosures Down 17 Percent Year On Year: CoreLogic
3 Dec 2012 | Business
CoreLogic's National Foreclosure Report for October shows there were 58,000 completed foreclosures in the U.S. in October 2012, down from 70,000 in October 2011 representing a year-over-year decrease of 17 percent. read more »
CoreLogic September Home Price Index Rises 5 Percent Year-Over-Year
6 Nov 2012 | Business
CoreLogic has released its September Home Price Index (HPI) report which shows home prices nationwide, including distressed sales, increased on a year-over-year basis by 5 percent in September 2012 compared to September 2011. read more »
Homes Lost to Foreclosure Decline Year-Over-Year and Month-Over-Month
31 Oct 2012 | Business
There were 57,000 completed foreclosures in the U.S. in September 2012, down from 83,000 in September 2011 and 59,000 in August 2012, according to CoreLogic's National Foreclosure Report for September.read more »
Home Prices Continued to Rise in August: S&P/Case-Shiller Home Price Indices
30 Oct 2012 | Business
Data through August 2012 showed average home prices increased by 0.9% for both the 10- and 20-City Composites in August versus July 2012, according to the S&P Dow Jones Indices for its S&P/Case-Shiller Home Price Indices.read more »
House Sales Up 27 Percent Compared to 2011
24 Oct 2012 | Business
Sales of new single-family houses in September 2012 were at a seasonally adjusted annual rate of 389,000 or 27 percent above the September 2011 estimate, according to the U.S. Census Bureau and the Department of Housing and Urban Development.read more »
U.S. Home Values Show Biggest Quarterly Gain Since 2006, But Recovery Uneven
23 Oct 2012 | U.S. News
U.S. home values rose 1.3 percent in the third quarter of 2012 according to Zillow, marking the fourth consecutive quarter of increases. read more »
