High net worth wealth gains in 2017 show Asia is a leader:…

19-06-2018

David Wilson of Capgemini Financial Services says China, Japan and India all showed solid gains among high net worth individuals in 2017, led by stock market rallies and diversified investments.Read more: https://www.cnbc.com/video/2018/06/19/high-net-worth-wealth-gains-in-2017-show-asia-is-a-leader-capgemini.html

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Trump makes health care more affordable for small businesses

19-06-2018

Tuesday, the Department of Labor announced its new rule which experts in the housing industry say will making health care more affordable for small businesses. The department announced a new rule that will change the definition of employer to include working owners for Association Health Plans.Read more: https://www.housingwire.com/articles/43725-trump-makes-health-care-more-affordable-for-small-businesses

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Savings on Errors and Omissions Coverage

19-06-2018

NAR PULSE—Victor O. Schinnerer & Company and the National Association of REALTORS® have partnered under the REALTOR Benefits® Program to provide a first-class errors and omissions (E&O) insurance program to both REALTORS® and REALTOR®-firms. Several premium credits are available, as allowed by state law, including a credit for being an...

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Housing Starts Spike to 11-Year High, Permits Stumble

19-06-2018

Following a dip last month, housing starts rebounded in May, up 5 percent to 1.35 million from the revised April estimate of 1.286 million, according to recent data released by the U.S. Department of Housing and Urban Development and the Commerce Department. Meanwhile, single-family housing starts jumped up 3.9 percent...

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New York man admits to rigging local elections in effort to develop…

19-06-2018

Last year, two New York real estate developers, Kenneth Nakdimen and Shalom Lamm, pleaded guilty to interfering with a mayoral election in Bloomingburg, New York, including using fake voters, to try to advance stalled construction projects. Now, a third member of the conspiracy has also admitted to taking part in...

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HomeServices of America® Acquires BHHS Ambassador Real Estate

19-06-2018

Acquisition strengthens HomeServices’ presence in the Omaha market HomeServices of America, Inc., has announced that it has acquired Berkshire Hathaway HomeServices Ambassador Real Estate as well as an ownership interest in Ambassador Title Services. Financial terms of the transaction were not disclosed. Headquartered in Omaha, Nebraska, Ambassador Real Estate serves the Omaha...

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NAR Applauds Rule Making Realtors® Eligible to Participate in Association Health Plans

19-06-2018

The U.S Department of Labor has finalized its rule to expand the definition of “employer” to include “working owners,” allowing real estate professionals and other self-employed individuals to participate in association health plans. The ruling also makes AHPs available to independent contractors who are offered coverage through a spouse, the current...

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Amazon package delivery tech solution now available for luxury apartment complexes

19-06-2018

Hub by Amazon, an automatic package holding and distribution service is available for installation in multifamily properties across the nation. The machine holds and distributes packages automatically, saving time for multifamily property staffers.Read more: https://www.housingwire.com/articles/43723-amazon-package-delivery-tech-solution-now-available-for-luxury-apartment-complexes

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A new multifamily consultation firm enters the ring in New York

19-06-2018

A new multifamily real estate company launched in New York today. Bloomstone Group, a full-service real estate advisory firm, will offer its services in consulting, development, marketing, sales and leasing for multifamily residential projects and condominium properties.Read more: https://www.housingwire.com/articles/43722-a-new-multifamily-consultation-firm-enters-the-ring-in-new-york

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Waterstone Mortgage appoints A.W. Pickel as president

19-06-2018

Waterstone Mortgage announces the appointment of A.W. Pickel as company president, specializing in the management of day-to-day operations and administrative duties. Pickel’s appointment comes off the heels of significant company growth.Read more: https://www.housingwire.com/articles/43721-waterstone-mortgage-corporation-appoints-aw-pickel-as-president

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Climate change threatens more than 300,000 coastal homes

19-06-2018

The sea level is rising, and now experts are predicting the impact on coastal homes in the U.S. could be staggering within the next 30 years. The new research shows about 311,000 homes could be flooded every two weeks within the next 30 years due to swelling oceans.Read more: https://www.housingwire.com/articles/43719-climate-change-threatens-more-than-300000-coastal-homes

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Federal court: Wells Fargo must face Oakland’s mortgage discrimination lawsuit

19-06-2018

Wells Fargo must face a lawsuit brought against the bank by the city of Oakland, California, which sued the bank in 2015 for allegedly steering minority borrowers into higher-cost loans, thereby causing rampant foreclosures and neighborhood blight.Read more: https://www.housingwire.com/articles/43718-federal-court-wells-fargo-must-face-oaklands-mortgage-discrimination-lawsuit

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