Real Estate News

Real estate News 02/2015



5 Dangerous Real Estate Investing Myths Beginning Investors Believe
In real estate, myths are easy to blame on gurus! However, I am not going down that path. Real estate investing myths are started in all kinds of places from stage gurus to the REIA meeting speaker circuit to the actual REIA clubs themselves. Investors ...
Niagara County Real Estate Transactions
LEWISTON. • Curtis Court, Jane E. Ziobrowski; Glenn J. Ziobrowski to Laurie R. Halgash; Bradly S. Halgash, $318,000. • Elm Drive, Teresa Mascaro to Ryan T. Sinatra, $225,000. • 345 South 4th St., Theresa Ann Tourbin; John F. Tourbin to Richard C ...
Erie County Real Estate Transactions
AKRON. • 18 Colony Place, Katherine Matusek; Corri L. Schmidt; Josepph J. Matusek; Katherine M. Matusek; Angela R. Heiderman to William Matusek, $140,000. ALDEN. • 1156 Greenfield Drive, Erik Kronbeck; Kelly L. Kronbeck to Rebecca J. Lauer, ...
Hattiesburg real estate market holding strong
The Hattiesburg-area real estate market experienced a stable fourth quarter in 2014, and officials hope to carry some of that momentum into 2015. According to numbers from the Hattiesburg Area Association of Realtors — encompassing Forrest, Lamar, ...
Perkins Coie: What Bitcoin Can Learn from Real Estate
A lien is an interest in a borrower's property that serves as collateral to be used to pay off a lender, should the borrower default. If there are liens on bitcoins, the blockchain wouldn't provide that information. For now, it just indicates assurance ...
NYC sees huge sales for commercial real estate properties
"People are ready and investors are ready to pay insane amounts of money," said Aleksandra Scepanovic, managing director of the real estate group Ideal Properties. A report released last week by brokerage firm Cushman & Wakefield said about 5,200 ...
Report: 2014 real estate sales hit new record
A whopping $15.1 billion worth of commercial real estate changed hands in Brooklyn, Queens, Northern Manhattan and the Bronx last year, according to figures released Friday by Cushman & Wakefield. The record sum represents a $5 billion increase over ...
Real estate is missing an opportunity to reach qualified buyers
After decades of operating on the day-to-day transactional side of this industry as an agent and lender, I now enjoy a unique vantage point where the housing industry intersects — real estate, mortgage lending, quasi-governmental housing agencies, ...
Declining oil prices: boon or bane for real estate?
Most Americans are thrilled by the 50 percent reduction in prices at the gas pump. The strong U.S. dollar also helps our purchasing power for products manufactured outside the U.S. The real question is to what extent these shifts will positively or ...
US real estate ETF rally faces test with rate rise
The record $10.7 billion in new money invested last year in ETFs that focus on real estate investment trusts (REITs), coupled with the $1.2 billion added so far this year, have made these funds pricey: After several of the biggest ETFs returned north ...
On the Market: Moving In Next Door to All Your Friends
Also, a small note question to the New York Times real estate section of late: what's the deal with all the photos on outdoor balconies? A. It's winter and everyone looks cold B. Isn't half of real estate coverage getting to see inside the inside of ...
Real estate search tools to add search by subdivision, HOA
Maponics, the leading provider of neighborhood boundaries to real estate search websites, has or is in the process of rolling out data products that will make it possible to sort listings based on subdivisions or homeowner's associations, or proximity ...
Real estate transactions
Sales. Office. An affiliate of Hartman Short Term Income Properties XX has purchased two office buildings in northwest Houston: Timbercreek Atrium, a three-story, 51,035-square-foot building at Texas 6 North and Timbercreek Place, and the Copperfield ...
Commercial real estate service comes to Tennessee
RealMassive is a customer-driven company that offers a platform for commercial real estate professionals to collaborate and streamline marketing. Memphis and Nashville are now the 20th and 21st markets covered by this real-time data service ...
Local realty veteran offers insight on real estate slowdown
Real estate veteran John L. Guess III watched the Houston energy and real estate bust play out in the 1980s as the city of Houston's director of real estate, a role he served until starting his own firm, the Guess Group, in 1988. In the private sector ...
It's spring real estate season: Builders, Realtors look for a boost
The Super Bowl is history, marking the start of a new high-stakes season: the spring real estate market. After what many industry insiders considered a disappointing 2014, hopes are high for 2015. Among factors contributing to those hopes are continued ...
CBRE's Butcher inducted into real estate hall of fame
Butcher joined CBRE in Louisville in 2001 and is part of a three-person industrial team for the local commercial real estate firm. According to a news release, Butcher's team's industrial volume has ranked either first or second locally for the past ...
The Bronx sees dramatic increase in real estate transactions
Real estate in the Bronx is heating up. The borough saw a dramatic increase in investments in office as well as apartment buildings in 2014, according to the Wall Street Journal. Sales in the borough rose 39 percent to $2.39 billion, compared to the ...
Fighting Houston's commuter horror stories: New real estate tool ranks houses ...
Fighting Houston's commuter horror stories: New real estate tool ranks houses ...
Swiss Real Estate Risks Still Elevated at End of 2014, UBS Says
(Bloomberg) -- Risks to the Swiss real estate market stayed elevated in the fourth quarter amid the central bank's loose policy. The UBS Swiss Real Estate Bubble Index fell a notch to 1.28 points in the three months through December from 1.29 points, ...
Offices Minus Tenants Rise Beyond Manhattan: Real Estate
Portman's project is in Charlotte, North Carolina, while builders such as Houston-based Hines and San Antonio, Texas-based USAA Real Estate Co. are also looking beyond the biggest U.S. cities and starting projects in smaller markets, even without ...
Why National Real Estate Development Wants to Build in DC Now
WASHINGTON, DC—Last week locally-based Daniel D. Killinger was named managing director and head of National Real Estate Development after almost two years with the company. He'll be overseeing a project portfolio consisting of two million square ...
Administration gets aggressive about real estate cuts
The administration wants to shrink its real estate footprint and save hundreds of millions of dollars in leasing and property costs, according to budget documents released Feb. 2. The administration wants to implement a five-year strategy to reduce the ...
Drones Lift L.A.'s Luxury Real Estate Market for Showbiz Celebs and Execs
Today's luxury home selling-and-buying trade deploys increasingly high-tech and digitally enhanced tools, including — of all things — drones. To meet buyer demand and stay competitive, top luxury real estate agents no longer just rely on analog ...
Charles Tingey, founder of Colliers real estate company in Fresno, dies at 74
Charles Tingey, who founded Fresno commercial real estate firm Colliers International, has died. Mr. Tingey, 74, had Parkinson's disease for 14 years. His health was in decline and he died Sunday night, said Bobby Fena, Colliers senior vice president ...
In gentrified cities which came first: Starbucks or higher real estate prices?
“Now, when I am showing properties in the area, I do point out that Starbucks and I always get a really positive reaction,” says Kristin Thomas, a real estate broker with Urban Compass who works in both Manhattan and Williamsburg. “I think there is ...
US Real-Estate Investors Turn to Israel for Cash
U.S. debt markets are booming and companies from Apple Inc. to Union Pacific Corp. are borrowing money at historically low rates. So why are some of New York's biggest real-estate investors heading to Israel to raise cash? Israel, it turns out, offers ...
How to Choose the Best Real Estate Agent
Choosing the right real estate agent doesn't have to be a chore. Follow these tips to find the perfect pro for helping you get your new home. MONEY Retirement retirement income. Simple Steps to Avoid Outliving Your Money in Retirement. Dan Kadlec @ ...
Real estate investor buys 60-unit apartment complex in Saratoga County
A Pittsfield, Massachusetts real estate management and holding company has made its first investment in Saratoga County, New York, the fastest growing county in the state. George Whaling, president of Whaling Properties LLC in Pittsfield, paid $7.5 ...
No, Zillow won't kill off your local real estate agent
"We haven't put the real estate agent out of business," Rascoff said Monday. "Because real estate is emotional, expensive and infrequent. Booking an airline ticket, I can do that by myself, I don't need a travel agent. But buying a house, I can't do ...
Report: DFW ranks as a top commercial real estate market
Want to see how Dallas measures up on rankings throughout the real estate types, population and unemployment? Check out the chart behind the Dallas skyline photo in our gallery for details on how the top 10 ranked markets across the United States ...
'Bandit' signs part of multilevel marketing, real estate expert says
SALT LAKE CITY — Signs around the Salt Lake Valley say, "Real Estate Investor Seeks Apprentice — $20,000 a month." The so-called bandit signs show up at busy intersections and in vacant lots, on utility poles and anywhere they might get someone's ...
Woodbury, Lindenwold, Bridgeton unsafe? Real estate company names top 10 ...
Woodbury, Lindenwold, Bridgeton unsafe? Real estate company names top 10 ...
The critical consumer experience component your real estate business may be ...
The critical consumer experience component your real estate business may be ...
Two more local commercial RE brokers named to real estate hall of fame
Phil Charmoli, industrial brokerage advisor for Louisville's Commercial Kentucky Inc., and Aaron Johnson, a Louisville broker and vice president of investments for Marcus & Millichap. a national commercial real estate brokerage firm, both were inducted ...
Raising the real estate bar
Measured by group sales, as many as 323,000 real estate professionals have access to Inman Select with more than 40,000 active and paid individual members. Accounting for the explosion in growth at Inman is new content including more industry profiles, ...
CalPERS names new real estate chief
Paul Mouchakkaa, a managing director at Morgan Stanley Real Estate Investing, was named senior investment officer of CalPERS' nearly $30 billion real assets group. The group includes the California Public Employees' Retirement Systems' $25 billion real ...
San Antonio makes brokerage company's top 10 commercial real estate markets
For those who follow real estate, we've been talking about San Antonio's stellar industrial and housing markets, and now a new report by Coldwell Banker Commercial touts San Antonio's commercial real estate market as seventh best in the nation ...
New Hampshire, Vt. real estate companies combine
NEW LONDON — An international realty company with offices and service areas in central New Hampshire has merged with the largest real estate firm in Vermont, a merger that will help broaden the new combined company's “feeder” markets for high-end ...
Howard Street Harding's set for a multimillion-dollar conversion, real estate ...
Howard Street Harding's set for a multimillion-dollar conversion, real estate ...
The Super Rich Own $3 Trillion In Real Estate: And It Doesn't Matter At All
Another one of these little reports out about how much the super rich own. This time it's looking at a subset of that financial wealth that Oxfam reported upon recently. This time it's just real estate holdings. Sotheby's announces that said super rich ...
What did that house sell for? Real estate in the Tiers
Michelle A. Vandebogart and Melanie D. Moss, as executors of the estate of Barbara Van De Bogart, 7 Paul Road, to Nationstar Mortgage LLC, doing business as Champion Mortgage Co., $72,442. Carole Seeley, Karen Stewart and Cathy Zdon to Joel and ...
CalPERS names Wall Street executive as its new real estate chief
"Paul is a talented and experienced real estate professional, and we're thrilled to have him on our team," said Theodore "Ted" Eliopoulos, CalPERS' chief investment officer. "He has a proven track record of success and I'm confident that will continue ...
Why real estate professionals need to read 'Zillow Talk'
Many real estate professionals are still ambivalent about Zillow. They remember how Zillow came to the market 10 years ago with a much less industry-friendly attitude than it developed once it realized there was more money in pursuing the industry as a ...
Pinnacle braces to boost commercial real estate arm into $500M business
Pinnacle has been in Nashville's commercial real estate space for a while, though its focus during the past few years has been on boosting its lending to businesses, Turner told me. The laser-sharp focus on commercial and business lending has pushed ...
4 ways real estate extroverts fall short
Conventional wisdom dictates that extroverts have it made in real estate. In fact, extroverts often self-select for this career; the cultivation of a referral network, which is the lifeblood of many a successful real estate career, is often an ...
Real estate soaring, but for how long?
If you've ever tried to sell a house, you know that it's only slightly less complex than forging a Middle East peace agreement. You have to deal with contractors, agents, inspectors, mortgage brokers and bankers, all of whom can make North Korea look ...
News Corp. touts print ads, but books, real estate are real winners
News Corp. continues to tout the strength of its legacy newspaper business even though most of the company's growth now stems from expansions in the real estate and book publishing markets. On a Thursday afternoon conference call with financial ...
Real Estate Porn: Here's Your New $2.6M Party Home Near AU
If maximizing entertainment space in your new D.C. home purchase is a priority, there's a new $2.6 million listing near American University that's got more rooms than you'll know what to do with. The six-bedroom beast located at 5021 Glenbrook Rd. NW ...
Stuart Scott, longtime member of Colorado Springs real estate community, dies ...
Stuart Scott, longtime member of Colorado Springs real estate community, dies ...