New Vista

03/22/2013

Brian Hurley to Depart New Vista Asset Management:

"I am exceptionally proud of what we have accomplished at New Vista," Hurley said in a recent interview. "While successfully managing the transaction mechanics of a housing recovery, our team has elevated the national housing dialogue to include an abiding focus on owner-occupancy and diversity."

New Vista Asset Management is dedicated to the mission of investing in minority homeownership and building stronger communities

02/06/2013

RES.NET, a provider of software applications connecting real estate professionals and consumers…

01/14/2013

The MarketPulse provides monthly insight into the current and future health of the U.S. economic climate with particular focus on housing and mortgage metrics.

01/11/2013

New rules meant to simplify and standardize consumer home loans could create problems for home builders and real estate brokers, which say the rules will hurt their in-house mortgage services operations.

01/09/2013

When scientists scoured lists of the city's community gardens, they discovered they didn't tell the whole story of where food was being grown. Satellite images instead show the city's food-producing gardens tucked away in backyards, on roofs and thriving in vacant lots.

01/09/2013

Kickstarter, the crowd-funding site that pairs indie-minded entrepreneurs with online investors, funded more than 18,000 projects in 2012, according to its end-of-year analysis. The site says more than 2.2 million people pledged nearly $320 million, with 17 projects raising more than $1 million.

01/09/2013

In 2012, tablets outsold notebook computers in the US and China, but 2013 will be the year this trend goes global, according to NPD DisplaySearch. That's three years ahead of analysts' earlier estimates, and reflects a projected 64% growth in tablet purchases in 2013 versus 2012. That growth is driv...

01/08/2013

Ten major banks in the U.S. have agreed to $8.5 billion for wrongful foreclosures on homeowners during 2009 and 2010 at the height of the housing crisis. Margaret Warner talks to Guy Cecala of Inside Mortgage Finance and Diane Thomson of the National Consumer Law Center about the improper foreclosur...

01/07/2013

"Combined with consumers' growing mortgage rate and rental price increase expectations, the positive home price outlook could incentivize those waiting on the sidelines of the housing market to buy a home sooner rather than later and thus support continued housing acceleration," said Doug Duncan, senior vice president and chief economist of Fannie Mae.

About 43% of Americans expect home prices to tick up next year, which is the highest level recorded in Fannie Mae's National Housing Survey.

01/07/2013

Originally geared toward marketing professionals, but I bet you can spot the relevance to real estate...

01/05/2013

Jennifer Ruspini Realtor- www.RuspiniRealty.com shared this article with us. Thank you Jennifer. If any of you have an interesting read you've come across on the web, especially highlighting your own local markets, please share it with us. While every market is different, seeing how other communities cope with the same issues you might be facing provides us with a more holistic view of the issues facing real estate nationally, and hopefully provides the seeds for some lively discussion. We would be happy to post your findings on our page. With a shout out of course!

Westport and Darien had 17 foreclosures on homes valued more than $1 million from January through October 2012, and New Canaan, with 25, was tops in the nation, according to the Wall Street Journal, citing figures provided by Zillow.

01/05/2013

"There had been an idea that almost anyone with negative equity in their home would default," said Kuhn. "Borrowers have behaved better, and there have been fewer defaults than people had thought."

Betting on subprime mortgages was one of the most lucrative bets for hedge fund managers in 2012.