The rate of suspicious activity surrounding short sales—including financial fraud and vandalism—has been rising, according to CoreLogic. Some 3.7 percent of short sale transactions involve such activity.
____________________________________________________________________________________
Rates continue to climb higher from their all-time lows. The 30-year mortgage has risen a half percentage point just since last month, Freddie Mac reports.
____________________________________________________________________________________
A buyer has filed a complaint with the California Department of Real Estate against agents because they have not intervened to help remove the previous residents from the home he closed on in May. The real estate companies involved say it’s not their responsibility to get the sellers out.
____________________________________________________________________________________
“You can’t have a great city without great parks,” according to the Trust for Public Land, a nonprofit group that recently ranked U.S. cities based on their dedication to green space.
____________________________________________________________________________________
The owners of a 90,000-square-foot home located just outside of Orlando, Fla.—dubbed “Versailles”—have resumed construction after a four-year hiatus on the project.
____________________________________________________________________________________
Trulia has developed an app for Glass, Google’s augmented-reality glasses, that will display property listings right before the eyes of the wearer.
____________________________________________________________________________________