Real Estate News – November 28, 2011

Neighbors’ feud results in lawsuit (via

Latest Minnesota Commercial Real Estate Survey Reveals Subdued Market Outlook (via

A Royal Bank of Scotland subsidiary has agreed to pay $52 million to settle charges that it traded more than 700 “presumptively unfair” subprime mortgages given to Massachusetts homeowners during the housing boom (via

A real estate agent in Boston is being held liable for providing inaccurate information on the MLS, after assuming the property he was listing was zoned as residential since it was in the middle of a housing subdivision. However, the property had actually been designated mixed permit (via REALTORMag):

It has been a busy real estate year for former “Friends” cast mates. Actors Jennifer Aniston and Matthew Perry have both sold places. Now actor-director David Schwimmer has put his home in Hancock Park on the market at $10.7 million (via

Eden Prairie birdhouse dispute costs $650 (via

A lawsuit against a majority of Michigan’s mortgage service firms has been converted into a class action for the state’s 83 counties, after it was filed locally by Branch County Register of Deeds Nancy Hutchins (via

Banks Revising Foreclosure Procedures (via

A 69-year-old Fremont woman will be serving time behind bars for a scam that prosecutors say targeted people who were trying to save their homes from foreclosure (via