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Sunday, February 27, 2011 9:51 AM

[Sue first, think later] The Lones Group v Rothamel, a Real Estate Zebra firestorm

It's always exciting when there is something interesting in the REnet. A firestorm erupted in the social media world when The Lones Group sued Daniel Rothamel for trademark infringement. The usual disclaimer, I am not an attorney and I am not commenting
Posted by Howard Arnoff | 0 Comments
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Wednesday, March 24, 2010 8:22 AM

BofA to start reducing mortgage principal

Reuters is reporting that "Bank of America will announce plans to start forgiving mortgage loan principal for troubled homeowners who owe more than 120 percent of their home's value or are battling ever-expanding 'negative amortization'
Posted by Howard Arnoff | 1 Comments
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Tuesday, January 05, 2010 4:05 PM

Ups and downs in global real estate

Business Week with a couple of stories about highs and lows, ups and downs in global real estate. Manhattan: prices down. Manhattan apartment prices fell for a third consecutive quarter as Wall Street job losses drained demand and the decline in co-op
Posted by Howard Arnoff | 0 Comments
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Wednesday, October 14, 2009 8:22 AM

[Bubbling up] Hong Kong apartment sells for $56.5 Million

If you're looking for the next bubble in real estate, you don't have to look further than across the Pacific to Hong Kong where an apartment on the second highest floor sold for $56.5 million USD. The total square footage of the apartment including
Posted by Howard Arnoff | 2 Comments
Tuesday, June 30, 2009 6:17 AM

Cramer calls housing market bottom to be June 30, 2009

I regularly read Jonathan Miller, NY real estate appraiser extraordinaire on his fantastic blog, Matrix . He just guest authored on Huffington Post and talked about CNBC's Jim Cramer call last fall of the housing market bottom on June 30, 2009. "During
Posted by Howard Arnoff | 0 Comments
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Friday, June 12, 2009 5:49 AM

Is real estate technology headed for the small screen

Brian Boero at 1000WattConsulting seems to think so. "Do we need more real estate websites? Maybe not. Do we still need a better way to find place to live? Definitely. The small screen is where that better way lies." Read more Did he just say
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Tuesday, February 17, 2009 6:57 AM

House of Cards

I had an opportunity to watch CNBC's documentary House of Cards hosted by David Faber on the origins of the financial crisis last evening. While I don't watch a lot of television, some news, the weather, certain sports and the occasional HGTV/Food
Posted by Howard Arnoff | 2 Comments
Saturday, February 07, 2009 7:36 AM

Larry Cragun's Magnificent 7 consumer articles

My friend Larry Cragun from the beautiful Pacific Northwest seeks out the best consumer real estate articles and once in a while I'm honored to have one of my blog posts chosen by Larry. But here are the Magnificent 7 winners from the past year and
Posted by Howard Arnoff | 2 Comments
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Saturday, October 18, 2008 8:05 AM

First Redfin, now Zillow

A tough week in Seattle real estate circles with Redfin announcing layofffs of of 20% of their employees on Monday and Zillow following with a similar announcement yesterday, laying off 25% of their employees. Glenn Kelman, CEO of Redfin, A Very Tough
Posted by Howard Arnoff | 0 Comments
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Monday, September 08, 2008 9:26 AM

Fannie, Freddie and you

As expected, the US Treasury has seized control of Fannie Mae and Freddie Mac. The obvious question, what does that mean for you. Actions by the Treasury were meant to stabilize financial markets and ensure mortgage availability and affordability. Mark
Posted by Howard Arnoff | 2 Comments
Saturday, August 23, 2008 3:59 AM

The battle for listings

Consumer real estate search sites like zillow and trulia claim millions of listings. And other tech firms are investing millions of dollars to get a chance to be the winner in the listings battle. TechCrunch analyzes the fray with an excellent article
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Wednesday, July 30, 2008 5:59 AM

Down payment assistance for FHA loans to be eliminated

Gift programs for down payment assistance will be eliminated for FHA loans effective in October as part of the housing bill just passed by Congress. Gift programs such as Nehemiah and Ameridream have been especially popular with first time home buyers
Posted by Howard Arnoff | 1 Comments
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Thursday, July 24, 2008 4:33 AM

The housing bill, duh

A clear reason why the American public gives Congress an approval rating currently estimated to be 9% can be found in the housing bill recently passed. Does anyone really think there is anything of value here other than shareholders and bondholders of
Posted by Howard Arnoff | 2 Comments
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Tuesday, July 22, 2008 1:09 PM

Sign of the L at Wachovia

The big W from Charlotte posted the big L today reporting a whopping record loss of $8.9 Billion, more than the bank ever earned in a year. Most of the problems and losses at Wachovia were attributed to the purchase of Golden West Financial two years
Posted by Howard Arnoff | 0 Comments
Thursday, June 26, 2008 9:56 AM

Charleston real estate market report, Unit sales May 2008

Unit sales are very interesting to report this month, not because very much has changed since sales are generally at lower levels than previous years. But there is one classification in the Charleston real estate market where sales increased and not by
Posted by Howard Arnoff | 0 Comments
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