The CFPB now has two acting directors. And nobody knows which one should lead the federal agency

President Trump and the outgoing head of the Consumer Financial Protection Bureau both named acting directors to head the watchdog agency on Friday, throwing its leadership into disarray.

Read more... https://www.washingtonpost.com/news/business/wp/2017/11/24/the-cfpb-now-has-two-acting-directors-and-nobody-knows-which-one-should-lead-the-federal-agency/

Home Sales Are Rising Despite Supply Woes

Existing-home sales in October rose to the strongest pace since earlier this summer, the National Association of REALTORS® reported Tuesday.

Read more... http://realtormag.realtor.org/daily-news/2017/11/21/home-sales-are-rising-despite-supply-woes?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+DailyRealEstateNews+%28Daily+Real+Estate+News%29&utm_content=FaceBook

Industrial sector shines in latest outlook for commercial real estate market

New sources of demand make the industrial segment the star of commercial real estate, according to Peter Muoio, ‎chief economist and head of research at Ten-X Commercial, the nation's leading online real estate marketplace.

Read more... https://www.bizjournals.com/bizjournals/news/2017/11/16/industrial-sector-shines-in-latest-outlook-for.html

Despite talk, there's no sign of metro Phoenix housing bubble

The dreaded term "housing bubble" has crept back into conversations about real-estate markets with big increases in home values, including metro Phoenix.

Read more... https://www.azcentral.com/story/money/real-estate/catherine-reagor/2017/11/24/despite-talk-there-is-no-sign-metro-phoenix-housing-bubble/889792001/

Case-Shiller: U.S. home prices rose in August even as sales slipped

WASHINGTON — U.S. home prices rose sharply in August from a year ago, a trend that is thwarting many would-be buyers and potentially slowing sales.

Read more... https://www.usatoday.com/story/money/economy/2017/10/31/case-shiller-u-s-home-prices-rose-august-even-sales-slipped/816910001/

Bill Gates makes $80 million land deal in far West Valley

One of the richest men in the world is about to make a big impression on Arizona. Bill Gates, the second richest man in the world behind amazon.com founder and CEO Jeff Bezos, paid almost $80 million for a huge chunk of property in the far West Valley, according to a report from Business & Real Estate Weekly of Arizona.

Read more... https://azbigmedia.com/bill-gates-makes-80-million-land-deal-in-far-west-valley/

OfferPad, loanDepot partner on Scottsdale-based home loan company

Gilbert-based real estate technology company OfferPad has partnered with loanDepot to launch a home loan company to make it easier for customers to buy and sell a home online.

Read more... https://www.bizjournals.com/phoenix/news/2017/11/05/offerpad-loandepot-partner-on-scottsdale-based.html

Best,
Lillian Wong
Sr. Loan Officer NMLS 630337
Fairway Independent Mortgage
9308 E Raintree Drive
Scottsdale AZ 85260
480.650.5412
www.lillianwong.net
lillian.wong@fairwaymc.com

You can become an investor in Phoenix-area apartments for as little as $1,000

Want to invest in a metro Phoenix apartment-building boom?

It could cost you as little as $1,000, about as much as a monthly rent payment.

Read more... http://www.azcentral.com/story/money/real-estate/catherine-reagor/2017/11/05/you-can-become-investor-phoenix-area-apartments-little-1-000/826330001/

Phoenix home flips up 16 percent as aggressive investors find bargains

Many metro Phoenix homeowners have a new issue to deal with now that they have equity in their homes again.

Read more... https://www.google.com/amp/s/amp.azcentral.com/amp/803736001#ampshare=http://www.azcentral.com/story/money/real-estate/catherine-reagor/2017/10/29/phoenix-home-flips-up-16-percent-aggressive-investors-find-bargains/803736001/