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Monday, September 21, 2015

Facebook out, Pintrest in for Real Estate

Nat'l Real Estate Post:
Facebook out, Pintrest in.  http://thenationalrealestatepost.com/facebook-out-pinterest-in/
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Real estate agents are an average of 56 yrs old.  We need young blood in our ranks.  Ebby Halliday Acers, founder of one of the largest residential real estate companies, passed away overnight of natural causes at 104 years old. -- Brena Swanson http://www.housingwire.com/articles/35020-dallas-real-estate-pioneer-ebby-halliday-passes-at-104?eid=311684310&bid=1172760
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Shared and taken by Pasi Hortoma, some place in Finland
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With limited numbers of existing homes coming onto the market, rising sales have led to very tight market conditions, according to a new client note fromCapital Economics. -- Trey Garrison in HousingWire http://www.housingwire.com/articles/35017-surge-in-sales-leads-to-tighter-housing-market?eid=311684310&bid=1172760
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HUD OIG: More than 25,000 households using public housing despite higher incomes

Agency now pushing housing authorities to evict “over-incomes”

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Shared by Guy Kawasaki, Sandra Barns, Treehouse, Sweden http://www.mymodernmet.com/profiles/blogs/treehouse-treehotel-sweden

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Distressed sales—real estate-owned and short sales—accounted for 9.4% of total home sales nationally in June 2015, down 2.4 percentage points from June 2014 and down 0.9 percentage points from May 2015, according to the latest from CoreLogic.  --Trey Garrison in HousingWire http://www.housingwire.com/articles/35028-distressed-sales-just-94-of-homes-sold-in-june?eid=311684310&bid=1174076
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Private investors are the best hope for affordable housing.  -- Martha Cranley, Rajesh Rajaraman and Steve Schooler in Origination News http://www.nationalmortgagenews.com/news/origination/why-private-investors-are-the-best-hope-for-affordable-housing-1061226-1.html
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Shared by Gia Huy Au Duong, Moscow at Night
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Republican presidential candidate Jeb Bush is advancing a tax plan that would put a cap on the mortgage interest deduction and completely eliminate the deduction for state and local real estate taxes, effectively raising taxes on tens of millions of homeowners. -- Trey Garrison in HousingWire
http://www.housingwire.com/articles/35067-jeb-bush-launches-tax-plan-that-raises-tax-burden-for-homeowners?eid=311684310&bid=1178191
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A congressional move to limit the salaries for the CEOs of Fannie Mae and Freddie Mac moved a step closer Tuesday night when the U.S. Senate unanimously passed a version of the House’s Equity in Government Compensation Act of 2015. -- On HousingWire http://www.housingwire.com/articles/35073-senate-unanimously-passes-bill-to-cap-fannie-freddie-ceo-pay?eid=311684310&bid=1179044
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Shared by James Harrison, taken by Chutikern lor, Chefchaouen,Morocco....
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Optimism among the nation's homebuilders continues to build as confidence in the market for newly constructed single-family homes continued its steady rise in September with a one point increase to a level of 62 on the National Association of Home Builders/Wells Fargo Housing Market Index.
As with last month when it hit 61, this new reading is the highest since November 2005. -- Trey Garrison in HousingWire http://www.housingwire.com/articles/35074-homebuilder-confidence-continues-to-hit-10-year-high?eid=311684310&bid=1179044
(The builders I talk to are actively looking for buildable land for sale.)

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