Breaking its own record for a settlement resolving class-action litigation over mortgage-backed securities, Bank of America will pay $500 million to investors who claimed they were misled about the soundness of mortgages originated by Countrywide and pack
In addition to providing “walkability,” crime and school info for neighborhoods, cities and ZIP codes, mapping data firm Maponics is rolling out a tool that maps weather conditions at the neighborhood level, giving real estate search p
One of the nation’s largest multiple listing services, Rockville, Md.-based Metropolitan Regional Information Systems Inc. (MRIS), has launched a marketing center powered by Imprev allowing members to create marketing materials with information
JS International Inc., owner of Japan Sotheby’s International Realty, is converting six locations of a related company, List Co. Ltd., in Tokyo and Kanagawa to operate under the Sotheby’s International Realty brand. The offices will do
Y Combinator-funded apartment search marketplace RentHop has a new partnership with New York City brokerage Citi Habitats giving RentHop access to more rental listings in Manhattan, Brooklyn and Queens, and the New York City metro area. Citi Habitats agen
D.B. Wilson of Re/Max of Boulder says he’s never seen anything like it: There are hardly more than 100 condo and townhomes listed for sale in the entire county. The supply of single-family homes is just 3.2 months. And Wilson ...
This morning’s news — 203,000 net new jobs in November — is unambiguous good news. Under normal circumstances, good economic news pushes up interest rates, but today’s economy does not resemble normal, and so rates
Since Brad Inman’s theme for the upcoming Real Estate Connect NYC 2014 is “Partner or die,” an attempt at partnering some technology products to make them more useful seems appropriate. Some are cutting-edge new and some are
Real estate agents in southern Maryland are telling prospective buyers who want their children to attend good schools to check out websites operated by school systems and visit individual schools, rather than relying only on simplified ratings from data a
With unemployment dropping to a healthy 7 percent in November, some analysts are speculating that the Federal Reserve will pull back on bond-buying that helps keep mortgage rates low sooner, rather than later. “At some point the Fed will have .
If it’s not clear what you might do with a 20,000-square-foot home that sits on 127 acres and comes with two barns and a 50-foot silo, the address should clue you in that the answer is not “farm.” 7 Yearling ...
In an effort to adapt to the startup trend and grow enrollment, business schools are beginning to more loudly tout their resources for entrepreneurs such as access to connections, experience and a place where it might be safe to fail. ...
A Santa Maria, Calif., real estate agent who often finds squatters in bank-owned homes that she’s been assigned to write up broker price opinions for says the .45-caliber pistol she’s been carrying for 10 years often comes in handy. Th
Marking the latest housing-related discrimination case against banks, the city of Los Angeles has filed a lawsuit against Citigroup and Wells Fargo for allegedly discriminating against minorities through their mortgage lending practices, Reuters reports.
Monday, 11:30 a.m.: I submit an offer on a home for a buyer. I email it to the listing agent and text her to let her know it's coming. The listing agent texts me back and let's me know she received it. The expiration of the offer is Tuesday at 6