Real Estate News

Real estate News 06/2015



Make Finding Your Dream Home Less of an App Nightmare
Think of RealSavvy as Pinterest for real estate. To get started, prospective home buyers take a home quiz. First, they are asked what city they are looking to buy in and they are shown the average cost of a home there. Next, they are then asked who ...
The 20 Hottest US Real Estate Markets in May 2015
Smoke's team also ranked the nation's 20 hottest real estate markets for buyers and sellers. Looking at the nation's 300 largest markets, the team used the number of views per listing on realtor.com to gauge demand, and the median age of inventory to ...
June 1, 2015, real estate market update: mortgage delinquency rates
The Mortgage Bankers Association's Commercial/Multifamily Delinquency Report showed that delinquency rates for commercial and multifamily mortgage loans declined in the first quarter of 2015. From the statement: Life company portfolios (60 or more days ...
Woman fired for rejecting real estate big shot's come-ons: suit
The married owner of a powerhouse real estate firm that caters to Brooklyn hipsters tried to create his own harem using female staffers, a new lawsuit charges. Guy Hochman of MySpace NYC abruptly canned longtime worker Dena Kology after she refused to ...
Mexican President Peña Nieto in trouble again over real estate holdings
Lawmakers from other political parties called for the president to make a full disclosure of his real estate assets after Reuters reported Peña Nieto actually bought a quarter-acre plot in Valle de Bravo—90-some miles west of the capital city—that he ...
Court Approves Easy Probate Avoidance for Real Estate
The Court of Appeals held that a deceased settlor had successfully conveyed his real estate to his revocable trust through a general statement in the trust instrument purporting to transfer to the trust all of his “real and personal property,” even ...
Andrew Cuomo's Administration Involved in Federal Corruption Probe of Real ...
Andrew Cuomo's Administration Involved in Federal Corruption Probe of Real ...
Become A Real Estate Agent For The Ultra Rich
Real estate agents who are generalists work with anyone on any type of real estate transaction. In contrast, specialists focus their efforts on one particular real estate niche – whether that's fixer-upper Victorian homes, foreclosures, the local ...
SJC to decide if real estate agents are staff or contractors
A ruling expected this month by the state's highest court could fundamentally redefine the business relationship between real estate brokerages and their agents, prompting warnings of turmoil from industry leaders. At the heart of a case pending before ...
St. Louis County set to auction prime real estate
Keith Hamre, the city's director of Planning and Construction Services, agreed, saying demand for buildable real estate in the city is growing. The 36 tax-forfeited parcels up for auction, valued at $1.5 million combined, also include lots in Proctor ...
Altus Group Strengthens UK Commercial Real Estate Services Through ...
Altus Group Strengthens UK Commercial Real Estate Services Through ...
9 Commercial Real Estate REITs to Buy for Big Dividends
NEW YORK (TheStreet) -- With unemployment rates dropping this year and commercial real estate booming, it could be a good time to invest in commercial real estate REITs. These kind of real estate investment trusts invest in office buildings, warehouses ...
Beachfront Real Estate: Oysters Help Restore California Coastline
Along a 540-square-foot patch of the Southern California shoreline, a tiny restoration project is trying to accomplish a big goal: show that oysters can play a key role in revitalizing sea life along the coast. The native Olympia oysters, which once ...
Exclusive: Hedge funds to Macy's: Sell your real estate
NEW YORK Several hedge funds have asked U.S. department store company Macy's Inc (M.N) to consider options for its real estate, including selling some major sites and then leasing them back, according to several sources close to the matter. The push is ...
How to Invest in Real Estate Without Buying Property
Concerns about the potential impact of higher interest rates have sent real estate investment trusts on a roller coaster ride this year, after chalking up double-digit gains in 2014. Despite their recent fickle behavior, however, this asset class ...
Another court decision goes against 'the real estate catburglar'
The legal constraints surrounding the real estate organization of Douglas T. Fonteno are getting tighter by the day. Recall last week's unanimous approval by both the House and Senate of HB 2590, the bill designed to crack down on adverse possession ...
15 principles of real estate's top producers
What do the nation's top producers know that you don't? How did they achieve their top-producing sales success, and what secrets can you learn from them to follow in their footsteps? These are significant questions -- and at first glance you might ...
Real Estate in France
This six-bedroom four-bathroom chateau in the typical style of the Gironde region dates to 1784, and remained in the same family until the late 1990s, when it was bought by the current owners, said Michael Baynes of Maxwell-Storrie-Baynes real estate, ...
Report: Ann Arbor 9th hottest real estate market in the US
Ann Arbor was the ninth strongest market in the country for the month of May, according to the top-20 hottest real estate markets list. Ann Arbor was also number nine for the month of April as well and just ahead of the Detroit market, which was 10th ...
Woodlands real estate market boosts home leases
It's a sellers market in The Woodlands. But many would-be sellers are deciding to hold on to their homes, hoping values continue to rise, and instead put their homes up for lease. That has meant a boost in the leasing market in The Woodlands, say local ...
7 real estate takeaways from the book that has everyone talking about 'wife ...
7 real estate takeaways from the book that has everyone talking about 'wife ...
Real Estate Ebb and Flow-Old to Young
Much has been written about the Baby Boomer generation, as they're coming into retirement now. Approximately 10,000 boomers hit the age of 65 every day. The boomer years are from 1946 through 1964. Those born in 1946 turned 65 in 2011, and we've ...
St. Petersburg police search for man who held two real estate agents at gunpoint
In 2011, Iowa real estate agent Ashley Okland was shot to death in the model unit of a new townhome complex. In 2009, a transient was arrested in the murder of prominent Brooksville agent Steven Van Slyke. And the same year, investigators unearthed a ...
Real estate agents lose benefits fight
The state's top court has ruled that Massachusetts real estate brokerages can continue to classify their workers as independent contractors, ruling against agents who claimed they were treated like traditional employees and should have received hourly ...
Indian Commercial Real Estate Startup Propstack Lands $3M Led By Daily Mail ...
Indian Commercial Real Estate Startup Propstack Lands $3M Led By Daily Mail ...
Broker gets FAA approval to use drone to take real estate photos
Real estate may prove especially popular for the burgeoning drone industry, with property pros planning to use the aircraft to take aerial photos and video of construction sites, homes, commercial buildings and other properties for marketing, mapping, ...
Man sought in attacks on real-estate agents in St. Pete
The suspect, described as a white man in his 40s, pulled a gun on a female real estate agent who was showing him a vacant home in the 1700 block of Oxford Street North, St. Petersburg police said. He secured her hands and feet with zip ties and called ...
Appeals court upholds centurylong real estate broker structure in epic win for ...
Appeals court upholds centurylong real estate broker structure in epic win for ...
Appeals court upholds century-long real estate broker structure in epic win ...
Appeals court upholds century-long real estate broker structure in epic win ...
Real estate bidding war ended by ultimate trump card: pizza for life
In Portland's hot real estate market where some homes are getting dozens of offers and bidding wars have sent prices skyrocketing, one buyer found a way to stand out among the rest: Offer free pizza every month for life. Donna DiNicola, owner of ...
'Poldark' Puts Coastal England in the Real-Estate Spotlight
At Cornwall's peak in September 2007, the average home price stood at £206,726, or about $315,000, according to research by real-estate agency Knight Frank. The low point was in May 2009, when prices were about $256,000. Since then, other parts of the ...
Bay Area billionaire closed the most U.S. commercial real estate deals
Marcus' real estate empire includes the $15 billion Essex Property Trust Inc. He controls a 2.4 percent stake in the REIT, which is the West Coast's biggest apartment landlord. It also encompasses the ecosystem of developers and investment firms under ...
Family Suing Previous Homeowner, Real Estate Agent After Realizing “Dream ...
Family Suing Previous Homeowner, Real Estate Agent After Realizing “Dream ...
Here's What Brooklyn Looks Like According To Real Estate Brokers
Even trying to pin down a location is impossible, what with all the Bedwicks and Jefftowns and Rambos infiltrating the real estate lexicon. To mock this, some joker on Reddit crafted a perfect Real Estate Broker Map explaining why your broker took you ...
Florida Cops Fear Repeat of Attacks on Real Estate Agents
Authorities in Florida are searching for an armed man who attacked two real estate agents while they were showing him homes. The incidents occurred Wednesday in St. Petersburg. The man scheduled the first appointment for 1 p.m. that day using a fake ...
What You Need To Know About Real Estate Stocks Now
Investors vacated real estate stocks this year on fears that rising interest rates would spike borrowing costs and weaken profits. Vanguard REIT ETF (VNQ), lost 3% year to date, through June 5, while the SPDR S&P 500 ETF (SPY), returned 3%. It's a ...
Litchfield real estate, vacation rental companies merge
The Litchfield Co. Real Estate and Litchfield Beach and Golf Resort have merged aiming to recreate the synergy and marketing power they had before Litchfield Beach and Golf was sold to Myrtle Beach National Co. in December 1990, officials announced ...
Real Estate Notebook: Phillips Point offices sell for $245.5 million
Phillips Point, one of the most prestigious office complexes in Palm Beach County, has sold for $245.5 million. An affiliate of AEW Capital Management bought the West Palm Beach waterfront asset from a company controlled by Colonnade Properties of New ...
Yes, real estate agents say, our job can be really dangerous
Rebecca Malowany, Broker-Associate, The Malowany Group, Tampa Bay Luxury Real Estate Service, in front of a $2.95 million home she has listed in Tierra Verde. Malowany has an upcoming open house at the property on Sunday, June 14, 2015. She has ...
'Buyers are liars': 50 real estate one-liners to motivate clients
It's a scenario familiar to many real estate agents: A buyer client tours a home that they really like and then tells their agent they'd like to take the evening to decide whether to make an offer. But the agent knows the home could go under contract ...
Real estate scam suspects say they are not guilty
Dewyan Fitzgerald and Larry Ealy say they were not aware they were doing anything against the law and that they're being wrongfully profiled and targeted. Fitzgerald, who says he works in real estate and construction, was arrested after investigators ...
Real Estate Magnate Pushes for a Casino in North Jersey
Jeff Gural, the New York real estate tycoon, had cleaned up well. The shaggy, steel-gray beard was gone. The customary khakis had given way to a blue suit. As he sat on a dais on Thursday at the Meadowlands Racetrack he has operated in East Rutherford, ...
Rubio's Real Estate Dealings Often a Drag on His Finances
"He's like any normal American with four kids that has a mortgage," said Bernie Navarro, a past president of the Miami-based Latin Builders Association, who has advised Rubio on his real estate transactions. "He goes through what any normal family goes ...
Top real estate sales in LA
Several traditional-style homes around L.A.'s Westside, an oceanfront contemporary in Malibu and a recently built residence in Arcadia were among the most expensive residential real estate sales in the greater Los Angeles area last week. $14.75 million ...
Rubio's real estate dealings often a drag on his finances
"He's like any normal American with four kids that has a mortgage," said Bernie Navarro, a past president of the Miami-based Latin Builders Association, who has advised Rubio on his real estate transactions. "He goes through what any normal family goes ...
Rubio's Real Estate Dealings Often A Drag On His Finances
“He's like any normal American with four kids that has a mortgage,” said Bernie Navarro, a past president of the Miami-based Latin Builders Association, who has advised Rubio on his real estate transactions. “He goes through what any normal family goes ...
Ex-Henderson woman gets 51 months in real estate fraud case
A former Henderson woman has been sentenced to 51 months in federal prison in a $1.5 million real estate scheme that used $232,000 of the ill-gotten gains to pay restitution in a state criminal theft case. Mary Musso, 62, who now lives in New York ...
Real estate has a language of its own
Oh no, these languages we agents speak are extremely specific to our industry, difficult to master, and highly technical. Jam packed with acronyms, abbreviations and special definitions. And just keep this on the down low, because some people may ...
Realities of Real Estate: What it takes to become a real estate agent
About 10 years ago, being a real estate agent was a pretty popular profession. Houses were selling like hotcakes, and to the casual observer, it looked like an easy way to make money. Once the bubble burst and real estate values started to slide, that ...
Dozens of real estate one-liners to help get clients in gear
That's just one of many epigrams real estate agents can break out in times of need. Sourced from Inman's social following and the real estate Facebook group Lead Gen Scripts and Objections, here are a selection one-liners that real estate pros can use ...