RealtyTrac’s James Saccacio Named One of the 100 Most Influential

RealtyTrac’s James Saccacio Named One of the 100 Most Influential
December 14, 2010, Inman News

Inman News named James Saccacio one of the 100 Most Influential Real Estate Leaders in 2010. Jim was recognized in the “technology” category. Congratulation Jim!


Jail Time Promised for ‘Robo-Signers’
December 14, 2010, Reuters

Iowa's attorney general, who is leading a nationwide probe of questionable home foreclosures, met with struggling homeowners on Tuesday and said he may bring criminal charges in his state. "We will put people in jail," Iowa Attorney General Tom Miller said, referring to cases in his state he plans to prosecute with the U.S. Attorney in southern Iowa.


An Agent-Only Site for Property Listings
December 15, 2010, Inman News

A California real estate agent has created an agent-only site for homes that aren't currently listed for sale. At Agent2AgentLink.com, agents can post listings that are coming to market but that haven't yet been posted on a multiple listing service. Sellers in some cases may keep "pocket listings" out of the MLS for privacy reasons, and others may be planning to sell but haven't yet put their home on the market. Buyer agents can use the site to post information about what their clients are looking for in a house, in the hopes that another agent has a listing that will fulfill those wishes.


Foreigners Flock to Florida Real Estate Bargains
December 14, 2010, AFP

Foreign tourists who for years have crowded Florida's shopping malls to buy clothes and electronics, are now flocking to real estate offices to snatch up apartments and homes at bargain-basement prices. The investors, mainly from Europe and Latin America, are jostling over apartments in Miami's trendy South Beach neighborhood selling for 70,000-100,000 dollars, and in less exclusive areas to the north where they start at around 50,000.