Wednesday, 13 November, 2019

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Inside Musician Martin Johnson’s Hollywood Hills Home – Sotheby’s International Realty | Blog

11/12/2019 Erik Weinbrecht

It feels fitting for a musician like Martin Johnson—whose milieu is American rock and pop—to have settled here, in this modern cabin with a wide-open view of one of the  most iconic sights in the U.S., the Hollywood sign. Helmer of The Night Game and former frontman of Boys Like Girls, Johnson has also made career as a songwriter of Read more…

Design | 7 Futuristic Materials Having a Moment – Sotheby’s International Realty | Blog

11/11/2019 sothebysrealty

Corona Del Mar, California | Linda Chan & Sana Amarith, Pacific Sotheby’s International Realty What makes a house truly feel like a home? Aside from the events that take place between its walls, much of a home’s personality is found in the materials, textures, and accents that bring it together. While it can be time-consuming to keep up with the latest design trends—especially the perennials Read more…

Vitamin Sea: 4 Palm Beach Getaways for Winter – Sotheby’s International Realty | Blog

11/09/2019 Erik Weinbrecht

Once the first frost hits, the allure of Palm Beach—water sports, golf, tennis, boutiques, high-end dining, and sunny, sandy beaches—is suddenly more appealing than ever. These four exceptional coastal havens are peaceful places to escape the cold in style. Timeless Palm Beach Sanctuary Cristina Condon, Sotheby’s International Realty – Palm Beach Brokerage On one of the most desirable streets in Read more…

Luxury Real Estate Headlines: First Week in November 2019 – Sotheby’s International Realty | Blog

Erik Weinbrecht

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Greenwich, Connecticut | Joseph Barbieri, Sotheby’s International Realty – Greenwich Brokerage Longtime television host Regis Philbin and his wife Joy Philbin are listing their Greenwich, Conn., home for $4.595 million. Television Host Regis Philbin Lists Greenwich Home – Wall Street Journal Woolworth Penthouse Relisted For $79 Read more…

How to Actually Afford to Buy A Home in America

10/23/2019 Amy Dobson

Home buying hurdles exist — but research, creativity and flexibility will help you clear them. Home buyers today face tough challenges — housing prices have soared, a dollar doesn’t go as far as it once did and rent is more expensive than the past. How are people today making such a large purchase despite these hurdles? With more flexibility and Read more…

This Isn’t Your Average Woodland Cottage

10/21/2019 Amy Dobson

Constructing these homes is like kneading dough. “We spend so much of our lives in boxes,” says Alexis Borsboom, owner of this cottage nestled among the trees on Mayne Island, BC. The unique shape is just one reason she and her husband moved in. The rest of the story lies inside its walls — and begins with the walls themselves. Read more…

Luc Besson Taken To Court For Refusing Hunters To Shoot Deer On His Land

11/04/2019 Emanuele Midolo

Director Luc Besson in Hollywood, California, in 2017. (Photo by Axelle/Bauer-Griffin/FilmMagic) FilmMagic French film director Luc Besson was taken to court in France on November the 4th for refusing to allow deer hunters in his estate to shoot rogue deer. Hunters in the Orne area, northern Normandy, accused the 60-year-old director of “The Fifth Element”, “Leon the professional” and “Nikita” Read more…

Command Alkon CEO Talks Tech Transformation in Construction

Robert Reiss

As the world population continues to grow, so does the demand for scalable infrastructure. Even so, the construction industry has been viewed as slow to adopt digital innovation, and this can impact worker safety, labor-productivity and profits. As I was preparing to interview Phil Ramsey, the president and CEO of Command Alkon, a global leader in integrated solutions for construction Read more…

In a digital era, more consumers prefer speaking to a real person about mortgage closings – HousingWire

10/30/2019 Housing Wire

In a time where nearly everything can be done with a tap on your phone or a click of a mouse, more consumers still say they would still prefer their real estate closings to be done in person. In fact, 81% of consumers say they would still do a mortgage closing in-person versus digitally, a new survey from Solidifi said. Read more…

Federal Reserve cuts interest rate, signals pause – HousingWire

Housing Wire

The Federal Reserve cut its benchmark rate by a quarter of a percentage on Wednesday in a bid to keep the decade-long U.S. economic expansion going while signaling it likely was done, for now. It was the Fed’s third consecutive quarter-point cut as the central bank tries to bolster the economy while preserving ammunition that would be needed if the Read more…

Warehouse leasing plummets – because there’s so little new space to lease

11/12/2019 brian coester

Florida, Davenport warehouse for lease sign. Jeff Greenberg |Getty Images Warehouse tenants soaked up about 41 million square feet of space in the third quarter of this year, a 23% drop from the previous quarter and less than half as much as a year ago, according to a new report from Transwestern. It’s not for lack of demand. It’s all Read more…

More Americans say now is a bad time to buy a home

11/07/2019 brian coester

An ‘Open House’ sign is displayed in the front yard of a home for sale in Columbus, Ohio. Ty Wright | Bloomberg | Getty Images After a strong summer in the housing market, something is turning potential buyers on their heels. Just 21% of Americans say now is a good time to buy a home, a drop from 28% in Read more…

MBS Week Ahead: Bonds On The Run As Brexit Hopes Remain

10/21/2019 brian coester

Last week saw the US bond market fight off an intermittent barrage of weakness  as global markets geared up for the weekend’s big Brexit vote.  By Friday, 10yr yields were only 2bps higher on the week.  This left them just inside the longer-term consolidation pattern we’ve been following (in the chart below), but at risk of breaking out depending on Read more…

Non-QM, Affordable Housing, Income Products; Vendor News; What is Driving Rates?

brian coester

Great MLOs keep up on events not only impacting their loans but on events impacting the everyone else’s loans as well. For example, the Supreme Court has agreed to rule on the constitutionality of the CFPB’s structure. Saturday’s commentary discussed new developments for the transition away from LIBOR and toward SOFR. For any clients with adjustable rate mortgages the Treasury Read more…

Canadians Holding Multiple Jobs Is On The Rise | Better Dwelling

11/12/2019 Daniel Wong

Canadians are under a lot of financial stress these days, but we’re not seeing a rise in defaults. That might have to do with the number of multiple jobs they’re working. Statistics Canada (Stat Can) data shows a big jump in Canadians working multiple jobs in October. The rise puts the level of multi-job holders at the second highest level Read more…

Ontario and Alberta Households Are Seeing The Fastest Rise In Insolvencies | Better Dwelling

11/11/2019 Daniel Wong

Canadian insolvencies are making a very large, and mostly unexpected surge. Office of the Superintendent of Bankruptcy (OSB) filings show a sharp increase for September. Ontario, Alberta, and British Columbia, in particular – are seeing the largest increases. One positive note is more consumers may be seeking protection from creditors earlier. Canadian Insolvencies In Canada, there’s two types of insolvencies Read more…

The Changing Face of Mortgage Servicing

11/12/2019 bcoester

Mid America Mortgage, Inc. recently announced that it has completed the transition of its servicing operations to its newly-formed in-house servicing department. As of November 4, 2019, Mid America’s national servicing portfolio, which currently comprises more than 35,000 loans from across the Mid America family of brands, will be managed by an internal staff of approximately 40 employees located in Read more…

NTC Adds to Executive Team

11/11/2019 bcoester

Nationwide Title Clearing has added two industry executives to its team. Robin Belanger will join the company as VP, focusing on enhancing NTC’s offering in the document certification, custody and capital markets area of the industry. Amie McCarthy will be joining the company’s executive team as VP Business Development for Capital Markets. “I am very excited to be part of Read more…