Airbnb is a great way to rent out your house and to rent property around the world. They do have $1million in insurance for any problems. The hotel industry is trying to shut it down.
http://thenationalrealestatepost.com/fannie-ceo-needs-a-raise/?
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The Market Composite Index, a measure of mortgage loan application volume, decreased 4.6% on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index decreased 4% compared with the previous week. -- Trey Garrison in HousingWire
http://www.housingwire.com/articles/33794-mortgage-applications-drop-46
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Shared by Majda Pal, Italy
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In theory, solar energy is an ideal way to provide electricity for homes and businesses.
Prices for rooftop panels dropped sharply the last few years. Amortized over a decade or two, the price is considerably lower than what your regulated utility delivers over the grid.
Solar cells last a long time. Unlike wind, hydro, gas, coal, or nuclear, they don’t have any moving parts. There are no spinning turbine. They absorb sunlight and produce electricity.
The one drawback to solar is storage. You still need to power your home at night or on cloudy days. People with rooftop solar arrays usually stay connected to the grid. This complicates the systems. Many utilities impose extra fees to hook up this way, too.
Elon Musk just changed this. On April 30, he unveiled the Tesla Powerwall, a giant battery that can store enough juice to keep your home running all night. -- Patrick Watson in NewsMax http://www.newsmax.com/Finance/StreetTalk/musk-tesla-Utility-Industry-solar-power/2015/05/05/id/642812/?
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Shared by James Harrison, taken by Matthias Haker, Skyfall
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Trending Thursday: Jumbos jump, Zillow roadmap and the jobs horizon
This is what's happening, right now -- Trey Garrison in HousingWire http://www.housingwire.com/blogs/1-rewired/post/33820-trending-thursday-jumbos-jump-zillow-roadmap-and-the-jobs-horizon
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“The spring and summer home buying season has gotten off to a stronger start, reflected in some of the improvement in consumer housing sentiment,” said Doug Duncan, senior vice president and chief economist at Fannie Mae. “The share of consumers who intend to own rather than rent their next home rebounded after a two-month slide. Meanwhile, home price growth expectations strengthened to the strongest pace since last October.
“Nevertheless, consumers continue to express concerns about the recent weakening economic conditions and high home prices. -- Trey Garrison in HousingWire http://www.housingwire.com/articles/33816-fannie-mae-more-consumers-positive-on-housing-but-still-on-sidelines.
---------------------------------------------------Shared and taken by Dieter Birr, Schönburg/Oberwesel
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Americans are taking a greater fancy to homes overseas thanks to the rise of the U.S. dollar and relatively cheaper home prices, an article in CNNMoney said.
"The U.S. dollar is still strong and the economy is good and the rest of the world is a little softer," said Jason Kumpf, a real estate specialist at USForex. "It's a great time to increase your pieces on the international Monopoly board."
Property prices in some European markets fell 40-50% during the financial crisis and haven't fully recovered, according to global real estate consultancy Knight Frank.
----------------------------------------------------- Brena Swanson in HousingWire http://www.housingwire.com/articles/33821-more-americans-size-up-real-estate-overseas
Florida based Benworth Capital has launched a real estate crowdfunding platform called Fundrageous. Bedworth is an alternative mortgage provider based in Miami. The new portal was announced at the eMergeAmericas conference held this week. Benworth founder and CEO of both companies, Bernie Navarro, was quotedon the launch;
---------------------------------------------------“Real estate investing has long been relegated to a private club for the select few. Our intent is to democratize real estate investing, benefitting both the borrower as well as accredited investor.”“Investors are often presented with two equally bad options,” he added, “either overcrowded, small-yield opportunities; or investments with large potential but little transparency.” -- JD Alois in Crowdfundinsider.com
Shared by Darja Vizjak, Celje Slovenia
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Fannie Mae reported net income of $1.9 billion for the first quarter of 2015 and comprehensive income of $1.8 billion. -- Trey Garrison in HousingWire http://www.housingwire.com/articles/33813-fannie-mae-reports-net-income-of-19b-in-1q
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