Archive for July, 2015


NAR Survey Finds Like-Kind Exchanges Promote Job, Economic Growth

WASHINGTON, July 9, 2015 /PRNewswire/ — Real estate like-kind exchanges are an important vehicle for disposing of and acquiring properties and support the nation’s financial growth, job creation and economy, according to a new report from the National Association of Realtors®. The Like-Kind Exchanges: Real Estate Market Perspectives 2015 survey of NAR’s commercial and residential […]

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The National Association of Realtors Selects Arnold as Lead Agency

The National Association of Realtors has selected Arnold Worldwide as its lead agency, responsible for creative, digital, brand activation and strategy, following a review, Adweek reports. The review process began back in April, with 18 agencies participating. Media buying and planning, handled by Most and Assembly, were not part of the review. According to Kantar […]

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Bruce Berkowitz’s Fairholme Fund 1H15 – Questions For Government On Fannie Mae

Bruce Berkowitz‘s Fairholme Fund commentary for the first half year ended June 30, 2015. To the Shareholders and the Directors of The Fairholme Fund: The Fairholme Fund (the “Fund” or “FAIRX”) decreased 0.91% versus a 1.23% gain for the SP 500 Index (the “SP 500”) for the six-month period that ended June 30, 2015. The […]

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America’s next Fannie Mae?

A government-backed organization founded a century ago to provide loans to farmers has recently exploded in size, branching out into massive transactions that go far beyond its original purpose, potentially putting taxpayers on the hook for a major bailout. This rapid expansion has prompted calls for oversight from members of Congress and heightened fears that […]

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First look: Architect Magazine showcases Fannie Mae’s new corporate digs

Architect Magazine has the renderings of the proposed new Fannie Mae headquarters, and while it looks pretty, it also looks pretty right for the GSE, at least from a budget perspective. See more renderings here. The lease – and it is a lease for Fannie; the developer will own the building – is also going […]

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Lawmakers Move to Halt Fannie, Freddie Pay Raises

The regulator of Fannie Mae and Freddie Mac earlier this month awarded the companies’ chief executives multimillion-dollar pay increases. Now, Congress is moving to take it all away. On Wednesday, the House Financial Services committee is expected to approve a bill that would limit the CEOs’ pay to $600,000 a year. That was the cap […]

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Freddie Mac’s ‘Take Root’ Programs Have Been Successful in Hardest Hit Areas

Freddie Mac‘s Take Root program in Milwaukee, one of the areas hit hardest by the foreclosure crisis, has resulted in more than 16,400 low- to moderate-income residents being able to buy or fix a home, strengthen finances, or avoid foreclosure, according to an announcement on Freddie Mac’s blog on Tuesday. The Take Root Milwaukee program […]

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Home prices rise for all 20 cities in key national index

WASHINGTON — U.S. home prices rose steadily in May, pushed higher by a healthy increase in sales this year. The Standard Poor’s/Case-Shiller 20-city home price index climbed 4.9 percent in May from 12 months earlier, down slightly from a 5 percent pace in April, according to SP Dow Jones Indices. Home sales have jumped in […]

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What China’s stock plunge means for US real estate

U.S. home prices continued to rise in May, according to the SP/Case-Shiller Home Price Index, but the increase fell short of analyst estimates.

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Millennials Favor Walkable Communities, Says New NAR Poll

WASHINGTON, July 28, 2015 /PRNewswire/ — Millennials prefer walking over driving by a substantially wider margin than any other generation, according to a new poll conducted by the National Association of Realtors® and the Transportation Research and Education Center at Portland State University. The 2015 National Community and Transportation Preference Survey found that millennials, those aged […]

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