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Better Homes and Gardens now in Oregon

By Inman News, Wednesday, December 15, 2010.

Realogy Corp.'s newest franchise, Better Homes and Gardens Real Estate, now has a presence in Oregon, with Clackamas-based Realty Partners Inc. joining the franchise network.

Realty Partners, formerly affiliated with Windermere Real Estate, has 100 sales associates serving the Portland metropolitan area and surrounding communities from five offices.

Co-owners John Tate and Eric Post, who founded the company in 2005, will now operate as Better Homes and Gardens Real Estate Realty Partners, the companies said.  more...

An agent-only site for property listings

By Inman News, Wednesday, December 15, 2010.

A California real estate agent has created an agent-only site for homes that aren't currently listed for sale. At Agent2AgentLink.com, agents can post listings that are coming to market but that haven't yet been posted on a multiple listing service.

Sellers in some cases may keep "pocket listings" out of the MLS for privacy reasons, and others may be planning to sell but haven't yet put their home on the market. Buyer agents can use the site to post information about what their clients are looking for in a house, in the hopes that another agent has a listing that will fulfill those wishes.

When a listing hits the MLS, it is removed from the site, according to Catherine Deeth, the site's president and founder who is a real estate agent with North Bay Property Advisors in Santa Rosa, Calif.  more...

100 Most Influential Real Estate Leaders: 2010

By Inman News, Tuesday, December 14, 2010.

The Inman 100, an annual list of the 100 Most Influential People in Real Estate, recognizes those power brokers, thought leaders, experts, insiders, and visionaries who influence the real estate industry with their words, actions, insight and innovations.

This latest list recognizes brokerage company executives, technologists, government leaders, media players, economists, online luminaries and other industry heavyweights who hold the power to move the industry forward during this prolonged period of economic hardship and uncertainty. Individuals on the list were selected after a nomination process and an Inman News editorial review.

View the list

A simple guide to HTML 5 Premium Content

By Tom Flanagan, Tuesday, December 14, 2010.

By now, most tech enthusiasts are familiar with the well-publicized battle between Steve Jobs and Adobe regarding Adobe's multimedia platform "Flash." Adobe Flash is an application used to create video and rich Internet content.

The heated debate was further fueled when Apple's CEO published the now-infamous essay "Thoughts on Flash" back in April. In that post, Jobs noted that Apple has adopted HTML 5 and listed several shortcomings for Flash, especially relating to the mobile Web. A synopsis:

1. Adobe's Flash products are 100 percent proprietary.
2. The reliability, security and performance of the application.
3. The drain Flash videos have on battery life.
4. Flash was designed for PCs and not touchscreens.
5. Adobe's desire to have apps developed in the Flash environment.  more...

Revising retirement

By Tara-Nicholle Nelson, Tuesday, December 14, 2010.
Image courtesy of <a href="http://www.wiley.com/WileyCDA/WileyTitle/productCd-1576603628.html" target=blank>Wiley</a>.

There is something about "hard times" that brings out humanity's most practical, serious best. When you strip back the label-loving disposable income and people begin to worry more about their families' basic survival than appearances, a surprising amount of scrappy self-sufficiency often lies beneath.

And in truly tight times, we don't just cut back expenses in one area; plenty of Americans are having to make wholesale revisions in many areas of their lives to make ends meet these days.

This is true for no segment of society more than for retirement-aged Americans. While many Americans have taken a financial bath over the past few years, those who were near retirement often had the most equity in their homes and investment portfolios to lose, and the least time to recover.  more...

Robo-signing curtails foreclosure sales in Western states Premium Content

By Inman News, Tuesday, December 14, 2010.

Voluntary foreclosure freezes by some major lenders have contributed to a sharp decline in sales of foreclosed homes at public auctions, according to a report by foreclosure data company ForeclosureRadar.

ForeclosureRadar's monthly reports cover California, Arizona, Nevada, Oregon and Washington. The reports break down foreclosure filings and inventories by state, county, city and ZIP code.

When employees of some major banks admitted to signing foreclosure documents without proper verification (so-called "robo-signing"), some lenders in ForeclosureRadar's coverage area, namely Ally (GMAC), PNC Financial and Bank of America, announced national foreclosure freezes in early October. Ally resumed foreclosure sales on Oct. 18 and Bank of America resumed foreclosing the week of Dec. 6, ForeclosureRadar said.  more...

Buyer to builder: no inspection, no deal

By Barry Stone, Tuesday, December 14, 2010.

DEAR BARRY: We are buying a brand-new home. When we asked about scheduling a home inspection, the builder said, "We cannot have outside inspectors through the home prior to closing due to liability reasons. You can have the home inspection done post-closing and submit all concerns on your 30-day list." This refusal makes us suspicious of their motives. What do you think we should do? --John

DEAR JOHN: Your suspicions are entirely understandable. Refusing to allow a home inspection prior to close is a major red flag. It is not the kind of thing that an honest, reputable contractor or developer would do. The liability excuse, in particular, is preposterous when you consider the number of people who routinely traverse a construction site. Honest builders allow home inspections on site as a matter of course.  more...

The cloud, location, and identity sales Premium Content

By Gahlord Dewald, Tuesday, December 14, 2010.
Flickr image courtesy of <a href="http://www.flickr.com/photos/joelogon/4613630072">joelogon</a>.

It's the time of year when everyone starts making their technology predictions for the year ahead. My editor has asked me to dust off my predictive powers -- let's see what I can scry.

Of course, I'm not a huge fan of prognostication so I'll try to weasel out of making any real predictions. Instead, let's look at three of the more interesting conversations about the digital landscape.

Identity brokering

As social networking and social media sites continue their march through the minds of online marketers everywhere, the drums beat for increasing the capabilities to gather all of the social breadcrumbs people leave across the Web. The companies that aggregate an individual’s different social network identities into one profile, which they then sell, are involved in a practice called "identity brokering."  more...

Real estate's 'Most Influential' list out today

By Inman News, Tuesday, December 14, 2010.

Inman News publishes the Inman 100, an annual list of real estate's most influential leaders that recognizes those who embody leadership, innovation, ingenuity, power and persistence, later today.

The list highlights those luminaries whose words and actions have the power to shake up the industry and propel it in new directions.

Watch www.inman.com today for information about the Inman 100 honorees and how to download the full report. Also, you can join the online conversation about the annual list on Twitter using the "#inman100" hashtag (see below).  more...

Need-to-knows when buying at auction

By Benny Kass, Tuesday, December 14, 2010.

DEAR BENNY: I won the bid on a house at a public auction. I was required to make a deposit of $20,000 and now an occupant will not allow my mortgage appraiser into the property to do an appraisal. Without the appraisal, no one seems to be able to do the loan without 30 percent down. Is it possible to have a mortgage company do a drive-by appraisal with the purchaser making only a 5 percent deposit on the loan? --Lionel

DEAR LIONEL: I am confused. Did you know before you made your bid that there was an occupant in the house? Have you been inside to make sure that it is in good (or at least decent) condition?

Did the advertisement about the auction indicate that the house was occupied?  more...

Tech must-haves for the new year

By The Real Deal, Tuesday, December 14, 2010.

Editor's note: This article is reposted with permission by The Real Deal. View the original article.

By CANDACE TAYLOR  more...

Foreclosures thin ranks of underwater borrowers

By Inman News, Monday, December 13, 2010.

The homeownership rate could fall below 60 percent if homeowners who are deeply underwater end up losing their homes, a new report from mortgage data aggregator CoreLogic suggests.

Some 10.78 million homeowners were "underwater" during the third quarter, meaning they owed more on their mortgages than their homes were worth. About 22.5 percent of all homeowners with mortgages had negative equity.

That's a slight decline from the 10.97 million homeowners who CoreLogic estimates were underwater in the second quarter, but the improvement was driven primarily by foreclosures rather than rising home values.  more...

Google's Nexus S marks 'Gingerbread' debut

By Inman News, Monday, December 13, 2010.
Nexus S image courtesy of Google Inc.

Despite the discontinuation of its first smart phone, search giant Google announced the release of a second new smart phone last week, the Nexus S.

The Nexus S is a follow-up to the Nexus One, which Google began selling in January but discontinued in July after lackluster sales. The company collaborated with phone manufacturer Samsung to create the Nexus S. It is the first phone to run Gingerbread, the latest version of the Android operating system.  more...

Mortgage interest tax break: sacred cow or cash cow? Premium Content

By Bernice Ross, Monday, December 13, 2010.
Flickr image courtesy of <a href="http://www.flickr.com/photos/_austin/2635456794/" target=blank>austintaceous</a>.

As part of the attempt to reduce deficit spending, the leaders of a White House deficit reduction commission had recommended scaling back the mortgage interest deduction.

The proposals did not win the endorsement of the full commission -- 11 members of the 18-member commission accepted the report, which is three votes shy of what was needed to bring the proposal to a vote by Congress. The National Association of Realtors aggressively opposed the proposals, and vowed to fight any proposal that diminished the deductibility of mortgage interest.

But some of the proposals considered by the commission could return in federal legislation. And Congress may weigh whether tinkering with the popular tax break for homeowners would assist an ailing economy, or whether it's best not to mess with one of real estate's most sacred cows.  more...

No winners in real estate waiting game

By Tara-Nicholle Nelson, Monday, December 13, 2010.

When my children were young, I felt like my entire life was a constant fight to keep them alive. I was like Trinity in "The Matrix," Jackie Chan in any film he's ever made, and Mrs. Incredible (from the animated "The Incredibles"), all in one, stretching beyond all scientifically proven capabilities of the human physique to keep them out of the street, body-blocking falling hazardous objects, and trying to keep chokeable items out of their grubby little hands and faces -- all at the same time.

Educating them about how best to operate in the world, advising them about the joys and pitfalls of life, even teaching them their Sunday school memory verses, all came a very distant second, fourth or even 15th priority behind keeping them alive for the first few years of their lives.

It was quite similar, now that I think of it, to the role I played with my real estate clients and readers at the top of the market. Back then, it was all I could do to battle harmful misinformation and aggressively over-high hopes of the "too-good-to-be-true" variety.  more...

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