Wall Street Roundup: Lehman's filmmakers. A trading firm for slackers.
Lehman case coming? The Wall Street Journal reports that the Securities and Exchange Commission may finally bring a case against Lehman Bros. executives based on some questionable accounting practices used before the firm's bankruptcy. Lehman's filmmakers. Since the bankruptcy, two...
USDA is sued over permits for genetically altered sugar beets
A group of farmers and environmentalist organizations sued the U.S. Department of Agriculture on Thursday, challenging the agency's recent decision to allow some operators to plant genetically altered sugar beet seeds. The complaint (which can be read here) alleges that...
Bonds' hot rally is a fading memory as yields resurge
Investors finally are getting a chance to buy U.S. Treasury bonds at better yields. But now they’re balking. Interest rates on Treasuries surged across the board Thursday, in another sign that the summer’s huge rally in high-quality bonds has run...
Union accuses China of illegal trade tactics in clean-tech sector
A major U.S. union came out swinging against China on Thursday, saying in fiery terms that the Asian giant was using illegal trade tactics to strong-arm Americans out of clean-tech jobs. The United Steelworkers filed a 5,800-page petition with the...
A primer for women in banking
If you are a woman, consider that "playing fair" might sabotage your career in finance. That, at least, is the message of a card on the desk of human resources employees at Citibank -- a card that was picked up...
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John Wayne’s Former Newport Beach Home for Sale
Get your macho on for a home once owned by America’s ultimate tough-guy, John Wayne. Listed for $2,263,000, you’ll see that the home is far from macho, if it ever was.
Described as “Versailles style” by Lansner on Real Estate, Wayne’s former Newport Beach, CA home offers 4,448-sq ft of living space and sits on the [...]
Is it Common for a Buyer’s Broker to Charge the Buyer a Flat Fee at Closing?
Here’s a question from rc_hal in Dallas who asks in Zillow Advice:
Is it common for a buyer’s broker to charge the buyer a flat fee at time of closing?
I just received a “Residential Buyers Representation Agreement” and it states in the buyer’s obligations that at time of closing the buyer is required to pay [...]
Homes For Sale and Homes For Rent in Dallas, TX
It has been said before, choosing to rent or buy is a complicated decision and impacted by how long you plan to stay in a home, the needs of your family, your budget and so much more.
If looking at homes has been narrowed down to the U.S.’s ninth largest city, where a love for the [...]
Complete a Bathroom Remodel Before Refinancing?
Many homeowners consider remodeling certain rooms in their home with the hopes it will return a higher appraisal value. While this is the end goal, there are other factors to consider when juggling a remodel and starting the refinance process. Zillow user Binks1 from Sacramento, CA asked for help in Zillow Advice and received some [...]
Zillow Chief Economist Talks July Data (Video)
After releasing our July Real Estate Market Reports today, we brought Zillow Chief Economist Stan Humphries into the studio to dig a little deeper into the data. In the video below, he talks about stagnating rates of home value depreciation, the markets that are doing best and worst and Zillow’s expectations for the future.
For more [...]
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Mastering Social Media to Expand Your Reach Online
Learn how to develop a comprehensive social networking strategy to grow your sphere of influence. Agent Reboot's experts will help you sharpen your online marketing skills with proven best practices for using Facebook, Twitter and other online services. Win friends, influence people, and increase sales! more... read more
3 Secrets for Turning Internet Leads into Transactions
Presented by: Scott Smith, Vice President, Sales and Business Strategy, Market Leader read more
Agent Reboot Seattle Welcome Address
Technology is changing the way buyers and sellers connect, and that means new opportunities and challenges for real estate professionals. Join Nicole as she kicks off the program with a fun and interactive look at how innovation is changing the future of real estate. more... read more
Going Local: What Does It Take to Win in Seattle Real Estate?
It's no secret that the industry has had its share of ups and downs in the last year. So, what lies ahead? Hear from leading real estate professionals who are navigating the changing landscape, and find out what steps you should be taking to ensure success in the future. more... read more
Download: Must-Have Tools for the Agent with Mobile Mojo (Part 2)
Get the lowdown on 20 MORE leading edge technologies that will help you "reboot" the way you do business. more... read more
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Ricky Martin, desperate to find buyer for Golden Beach, FL home
Hot Latin popstar Ricky Martin was hoping to make money when he bought his oceanfront estate in 2007 for $16.25M and tried selling it half a year later for $22.5M. That would’ve been a 38% profit (before fees)! Huge letdown, though, since the gorgeous estate is still on the market, desperate for [...]
New CNBC/ Trulia Home Traffic Report
This morning we released a new monthly exclusive report with CNBC titled the CNBC/Trulia Home Traffic Report. The monthly reports will look at the share of traffic in local markets, relative to the top 100 cities searched across the country in the given month. We compare that traffic year over year to understand [...]
Christina Aguilera reduces asking price of Los Angeles pad $255K
Christina Aguilera just reduced the asking price of her Mid Century Modern home with jetliner views of downtown LA, the ocean and is just minutes away from Beverly Hills and Sunset Strip. Check out the gorgeous pads and see what else is for sale in her ‘hood.
1443 Devlin Drive, Los Angeles [...]
Halle Berry and baby Nahla’s moving to the Bay (Yay) Area!
SF Gate told us the other day that actress AND diva, Halle Berry and daughter Nahla are considering moving to the Bay Area. Reason? She wants to get away from the snap happy papparazzi and find a less crazed area to raise baby Nahla.
Halle - San Francisco would be more than [...]
Jersey Shore’s ‘The Situation’ may earn $5M in 2010 - buy a home Mike
People online reported this morning that Jersey Shore’s “The Situation” (aka Mike Sorrentino) will most likely earn $5M this year (combining earnings from MTV, endorsement deals, personal branded products and club events). Make it rain Mikey!
Word from the wise though - be smart and don’t throw it all away. Put some of [...]
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Case-Shiller: Bay Area Prices Mixed as Tax Credit Expires
It’s time for our monthly check-in of the S&P/Case-Shiller Home Price Indices (HPI). The Case-Shiller data is generally considered to be the most reliable measure of overall home price changes for a region, since they only consider repeat sales of homes when calculating their index, instead of looking at all the homes that sold [...]
Nobody Move! Bay Area Home Sales Seize Up (July Insider Report)
Redfin’s monthly Bay Area real estate insider report draws from our proprietary database of information on homes for sale and that just sold, along with insight from our agents to get a sense of what’s going on in the market right now. If you’d like to receive the report via email, just sign up.
Howdy Bay [...]
Case-Shiller: Tax Credit Pre-Expiration Rush Boosts Prices in May
It’s time for our monthly check-in of the S&P/Case-Shiller Home Price Indices (HPI). The Case-Shiller data is generally considered to be the most reliable measure of overall home price changes for a region, since they only consider repeat sales of homes when calculating their index, instead of looking at all the homes that sold [...]
Prices Up, Fundamentals Down in the Bay Area (June 2010 Real Estate Insider Report)
Redfin’s monthly Bay Area real estate market report draws from our proprietary database of information on homes for sale and that just sold, along with insight from our agents to get a sense of what’s going on in the market right now. If you’d like to receive the report via email, just sign up.
Howdy Bay [...]
Case-Shiller: High Tier Home Values Shot Up in April
It’s time for our monthly check-in of the S&P/Case-Shiller Home Price Indices (HPI). The Case-Shiller data is generally considered to be the most reliable measure of overall home price changes for a region, since they only consider repeat sales of homes when calculating their index, instead of looking at all the homes that sold [...]
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Goodbye to Square Feet
I had a couple of things lined up to possibly blog about earlier today — the impending rollback of jumbo-conforming mortgage rates, national home sales and such — but instead I’m here to tell you that the Mercury News is pulling the plug on my blog, Square Feet. It’s been decided by our editors that [...]
LIBOR: A programming language? A term of insult? Oh, a mortgage rate index, of course.
Vote for one.
LIBOR stands for:
1) Lending Is Becoming Outrageously Restrictive
2) Liberty Invites Behavior Of Recklessness
3) London Inter Bank Offering Rate
Alas, number three, the boring option, is correct. (But I’m really fond of the other two options — when they kick me out of the journalism business someday, maybe I can write for a board-game [...]
Uncertainty’s effect on the housing market, and a contrary example
I think it was early September that I wrote an article in which a number of real estate market-observers theorized that Silicon Valley might see pretty healthy home sales in early fall this year, thanks to fairly low interest rates, and prices that had dropped enough to attract formerly reluctant buyers. But then Wall Street [...]
Mortgage restructuring workshops: Nationwide and effective, organizer says
The Neighborhood Assistance Corporation of America is holding workshops tomorrow (Saturday, Oct. 18) in 38 cities across the country to get borrowers who can’t afford their mortgages into what NACA says is an effective program to get the loans restructured with low interest rates that allow borrowers to stay in their homes.
One of these workshops [...]
Searches for San Jose real estate up 74 percent, Realtor.com says
Well, fewer people may be buying property in San Jose this year than last, but the number of people thinking about buying here appears to be way up, according to data about online property searches on Realtor.com. In a press release today, Realtor.com, which is the official web site of the National Association of Realtors, [...]
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