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Former 32-year FBI employee pleads guiltly to bank fraud involving rental...
A former 32-year FBI employee and his wife have pleaded guilty in federal court in San Francisco to bank fraud in which they overstated their income to acquire rental properties. The former FBI...
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Lower home ownership in future will keep rents higher for real estate investors
The growth in renters will continue as the national home ownership rate fell in the second quarter, and a majority of experts said they expect it to fall further in coming years as the Millennial...
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Housing recovery decelerates as 59% of consumers believe the economy is on...
Consumer attitudes about the economy have grown more negative but Americans’ attitudes toward the housing market remain mixed, although a steady improvement in their personal financial outlook may bode...
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Fannie Mae downgrades outlook for housing this year and next
A pessimistic Fannie Mae has had downgraded the outlook for the housing market in a new report just released. The mortgage giant says housing activity appeared to have lost momentum at the end of the...
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Home Depot reports strong second-quarter sales and raises 2014 forecast
The nation’s largest home improvement chain has reported sales of $23.8 billion for the second quarter of fiscal 2014, a 5.7 percent increase from the second quarter of fiscal 2013. Comparable store...
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New apartment construction jumps 33% as renter nation trend takes hold
Buried in this week’s government report on new home construction, is a sharp jump in multifamily apartment building construction of 5 units or more, something real estate investors should be watching....
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Home price growth continues to slow in all cities
Home prices across the U.S. continue to slow this year, according to a release from the S&P/Case-Shiller Home Price Index report. The home price index covering the entire nation increased 6.2% in...
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Home prices nationwide increase 7.4% year over year new report says
Home prices nationwide, including distressed sales, increased 7.4 percent in July 2014 compared to July 2013, according to a new report from CoreLogic. This change represents 29 months of consecutive...
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A majority of Americans see owning a home as a safe investment new poll says
Despite periods of volatility in the real estate market over the past few years, over seven in ten Americans (72%) see owning a home as a safe investment, according to a new Harris Poll released by...
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New moving trends study may help investors know where jobs and top rental...
Moving trends studies can help show real estate investors where rental property and jobs may be in more demand, and a new one just released shows Chicago, Washington, D.C., Atlanta and Dallas were the...
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Almost two million homes gained equity and emerged from “underwater” in the...
A new analysis shows nearly 950,000 homes returned to positive equity in the second quarter of 2014, bringing the total number of mortgaged residential properties with equity in the U.S. to more than...
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Utah man sentenced to nearly 5 years for Ponzi scheme fraud against real...
A Utah man who convinced real estate investors to convert traditional IRAs to self-directed IRA accounts and invest the funds in a residential real estate project in Utah that turned out to be a Ponzi...
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High student loan debt stopping some young people from real estate purchases
A new study shows that high student loan debt is stopping many young people from buying houses or investing in real estate as more than 50% of those ages 20 to 29 have student loan debt averaging more...
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Tight credit supply for borrowers will be fixed, Watt says
Mel Watt, federal housing financing agency director, said in a speech Monday that Fannie Mae , Freddie Mac and lenders had reached an agreement in principle that could expand access to mortgages for...
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Texas wins in the top markets to watch in 2015 for real estate investors
A new survey, looking at the top locations for real estate investment prospects in 2015, has Texas cities topping the list, according to 1,000 leading real estate experts, investors, fund managers,...
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Home prices continue slow down through August
Data through August 2014, released today by S&P Dow Jones Indices for its S&P/Case-Shiller Home Price Indices continue to show a deceleration in home price gains. The 10-City Composite gained...
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Texas real estate investor sues Atlanta businessman Andrew Cordle for fraud
A Texas real estate investor has filed a $200,000 lawsuit charging fraud and deceptive business practices by an Atlanta businessman and his real estate education company for accepting money and failing...
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California real estate executive admits to Ponzi scheme involving hundreds of...
One of the owners of a now-defunct Southern California real estate investment firm has pleaded guilty to perpetrating a fraudulent scheme that ended with the bankruptcy of the company, in which...
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Real estate developer sentenced to 10 years for defrauding 150 investors...
Real estate developer and mortgage broker Bradley Holcom has been sentenced to 10 years in prison for his role in a $50 million securities fraud trust deed investment program involving raw land in...
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Real estate educator Andrew Cordle loses $1.5 million judgment
A former business partner of Atlanta real estate educator Andrew Cordle has won a $1.5 million judgment in Indiana Superior Court in a civil suit against Cordle to recover damages from breach of...
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