Industry
Industry news including trends, finance and people.
More Americans Putting Down Roots
A survey finds that most Americans have moved to a new community at least once in their lives.
In 2008, only 12% of the American population changed addresses, down from 13% between 2006 and 2007. The reasons for this trend may be the slowing economy, the downward spiral of the housing market, and the increase of two-income families.
“60 Minutes” reports mortgage crisis is far from over
CBS News reporter Scott Pelley’s report focuses on a second wave of of defaults in the coming months spurred on by investments with such exotic names as “Alt-A” and “option ARM.”
The first wave of bad news came from sub-prime lending which went to the least credit worthy borrowers and then those mortgages were bundled and [...]
President-elect Obama picks HUD chief
President-elect Barack Obama picked Shaun Dononvan, who has vast housing experience including in all facets of the affordable housing markets, to be HUD secretary on Saturday.
Donovan is the current the New York City Department of Housing Preservation and Development commissioner, but he has experience in the non-profit and private sectors and he has been a scholar of housing policy. He’s also worked as an architect.
Listingbook’s Ira Luntz talks about real estate’s “new Web landscape”
Listingbook Executive Vice President Ira Luntz delivers views on the new Web landscape for real estate in a Q&A with Inman News.
Inman’s Roadmap to Recovery editorial project focuses on ways the real estate industry can rebuild in the face of the financial crisis.
Luntz, a 25-year veteran of the industry, is responsible for ensuring the smooth installation and implementation of Listingbook technology with various MLSs nationwide.
