General

Keith Olbermann has sold his apartment in Trump Palace.

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The Brexit vote may have less impact on the country’s residential property market than the hike to stamp duty introduced in April.

Distressed Sales Accounted for 9 Percent of Homes Sold Nationally in April 2016

• Of total sales in April 2016, distressed sales accounted for 8.8 percent and real estate-owned (REO) sales accounted for 5.7 percent
• The REO sales share was 22.2 percentage points below its peak of 27.9 percent in January 2009
• Distressed sales shares fell in most states, including the oil markets

Distressed sales, which include REO and short sales, accounted for 8.8 percent of total home sales nationally in April 2016, down 3 ...

Wells Fargo agreed to spend about $400 million on a new property in London and consolidate its operations there, a move that comes just under a month after U.K. voters chose to leave the European Union.

Shows Regulators/Investors Are Working To Make Condo Lending Easier/More Accessible

Over the past few months, momentum has been building behind the efforts to standardize and streamline the project review processes that lenders use to determine if condominium projects meet eligibility requirements of the government-sponsored enterprises (GSEs).

Currently, condo sales represent about 10 percent of the overall home sales market or roughly 500,000 units per year. In 2015, this translated to approximately $125 billion in mortgages, approximately 80 percent of which were conventional ...

Realtors are incorporating “Pokemon Go” features into ads to help sell houses. Will buyers respond?