Real Estate News

Real estate News 08/2015



About Real Estate: What buyers should expect when applying for a mortgage today
DEAR MR. MYERS: My wife and I have been waiting to buy our first home, but now we have decided that it's finally time to start shopping, as prices in our area just keep going up, and interest rates are, too. What kind of documentation will we need to ...
Niagara County Real Estate Transactions
530 10th St., DHGF Llc to CTC Real Estate, $60,450. • Walnut Ave., Christopher A. Betton; Verlinda L. Betton to Ping Zhao; Fan Zhang, $56,500. • 474 71st St., Daniel Fuhrman; Daniel J. Fuhrman to US Bank, $36,280. • 1640 South Ave., Michael Young to Yi ...
Erie County Real Estate Transactions
AKRON. • 10 Eckerson Ave., Paris J. Childs; Matt A. Albert to JP Lombardo Holdings, $500,000. • 17 Shepard Ave., Kelley A. Brackett-Cory to Rebecca C. Brock; David S. Brock, $172,000. ALDEN. • 228 Ranch Trail West, Chucko Mu; Emay Sun to Kathryn ...
Realities of Real Estate: So who regulates real estate agents?
Most people probably don't realize that real estate agents aren't employees, but rather they're independent contractors. As such, they must be affiliated with a broker to do business, but beyond that, agents pretty much run their own show, just like ...
Bryan-College Station seeing record-breaking real estate boom
Downtime is difficult to come by this time of year for Monica Palasota. As a real estate agent at Re/Max in Bryan, Palasota has experienced firsthand the impact a population increase of 50,000 has had on the region's real estate market over the past 13 ...
Real Estate Transfers: Aug. 2, 2015
1907 Ottawa Drive, estate of Mary Brackin to Tabitha Bratcher, $86,000. 3020 Waterside Way, Ronald Preuss to Nicole and Christopher Davis, $252,000. 2234 Flowerette Court, Jagoe Homes Inc. to Robin and Dawn Welborn, $277,960. 168 Shelly Drive ...
Real estate news: MBK honored as a best place to work
Irvine-based MBK Real Estate has been named one of the best places to work in Orange County by the Orange County Business Journal and Best Companies Group. Information was gathered from both employees and the employer in the form of a survey ...
Real estate office celebrates start
Rich Gallo recently held a ribbon-cutting for his new RE/MAX real estate office along Wayne Avenue in White Township. Pictured, from left, are George Hood, mayor of Indiana Borough; state Rep. Dave Reed; Carolyn Fritchman, sales associate; Jim Struzzi, ...
REAL ESTATE TRANSACTIONS
Woodcrest Company LLP to MLAKE1 LLC, SW SW 19-2N-11W; NW NW 30-2N-11W; SE 24-2N-12W; NE 25-2N-12W, $2,000,000. William W. Watt to Gumbo Properties LLC, 5501 Scenic Drive, Little Rock, L10, Grandview; Ls5-7 B10, Midland Hills; L6 B8, ...
7 Kingmakers in Real Estate
There are innumerable lists of tech power players, but the world of Real Estate is brimming with equally brilliant academics, shrewd deal-makers, and hungry entrepreneurs with amazing stories to tell. Some broke into the business accidentally, others ...
Dubai's real-estate market is looking vulnerable again
"Additional supply and lesser demand on the UAE property market this year is likely to result in a moderate 10% to 20% correction in Dubai residential real estate prices — much less than what led to the Dubai crisis in 2009," it said. "Retail and ...
Real estate developer John Crosland Jr. has died
In 1965 he led the company founded in 1937 by John Crosland Sr. and helped it become one of the leading real estate companies in the Southeast. He became president of the company in 1965 and CEO in 1971. He stepped down in 2011. In addition to ...
Charlotte real estate developer dies
In 1965 he led the company founded in 1937 by John Crosland Sr. and helped it become one of the leading real estate companies in the Southeast. He became president of the company in 1965 and CEO in 1971. He stepped down in 2011. In addition to ...
Real estate deal one of Arizona's biggest since crash
PHOENIX — A prominent office development in the heart of Phoenix's Camelback Corridor has sold for $163.1 million — one of the biggest real estate deals in Arizona since the crash. The Biltmore Financial Center on the northwest corner of 24th Street ...
Windermere Real Estate boss is a 'school of corporate sales' grad and 20 under ...
Windermere Real Estate boss is a 'school of corporate sales' grad and 20 under ...
George Ezra Chats About His Next Album And Real Estate
George Ezra walked off the stage and right into the Live at Lollapalooza XRT tent to talk with Marty Lennartz about the whirlwind of a day and real estate in Budapest. Due to the evacuation of Grant Park at Lollapalooza, George Ezra's set was changed a ...
Real estate legend John Crosland Jr. dies at 86
Crosland Jr.">John Crosland Jr., chairman emeritus of legendary Charlotte real estate firm Crosland, has died. Crosland, 86, had been suffering from Parkinson's disease for several years. He was the company's president and chief executive until 1999 ...
Mixed bag for commercial real estate in Q2
The bricks-and-mortar side of business – offices, warehouses, shopping centers and the like – presented a mixed bag of story lines in the Albuquerque metro area during the second quarter. The real estate market for industrial space registered a vacancy ...
The 20 Hottest Real Estate Markets in July 2015
It's a height-of-summer tradition: The U.S. housing market tends to peak in July or August. And while demand this year remains strong, a preliminary analysis of our site's data for July shows that housing inventory—homes available for sale—is finally ...
Sears sales fall sharply in 2Q as it spins off real estate
The retailer also said it expected that proceeds from the spinoff of some of its real estate will lead it to report a second-quarter profit of between $155 million and $205 million, which has also helped shore up its cash position. Investors sent Sears ...
Zapelo Launches at Real Estate Connect
Zapelo is a simple-to-use, fully integrated, mobile real estate management system that offers a CRM, lead generation, transaction management, email, calendar and task tracking, workflow checklists, integrated electronic signatures and shareable ...
China's real estate sector is in even worse shape than people think
The share of residential real estate investment in GDP (10.4%) is higher in China than any other economy before a major real estate collapse, apart from Spain in 2006 (12.5%). The US was at 6.5% before the subprime collapse. Around 40-45% of China's ...
Live chat Tuesday about Detroit real estate with pair of local experts (and ...
Live chat Tuesday about Detroit real estate with pair of local experts (and ...
Apple is reportedly gobbling up real estate as it expands into San Jose
Apple's real estate appetite is already voracious, and the company signed a lease in July for a 300,000 square foot building next door to this new development in San Jose. It's not just sprawling south in the bay, either. Apple reportedly signed its ...
Home Real Estate welcomes associates
These agents can now offer their clients the service, strength and stability that HOME Real Estate is known for. All HOME agents have undergone licensing through the Nebraska Real Estate Commission, as well as completing an additional training program ...
Caesars creditors would control proposed real estate trust
Creditors owed billions by Caesars Entertainment Corp.'s largest operating division will control the board of the planned real estate investment trust the company plans to set up through a bankruptcy court-administered reorganization. In a filing with ...
In Case You Missed It: July's Top Real Estate Stories
A 25-foot-wide Greek Revival-style townhouse on a prime tree-lined street in Greenwich Village that Sarah Jessica Parker and Matthew Broderick bought, refurbished and promptly returned to the market, sold for $18,250,000 and was the most expensive ...
Dallas real estate investor buys huge chunk of The Domain
Tier REIT, a publicly traded real estate investment trust, has confirmed what had been rumored for weeks: It's purchasing several assets at The Domain from a partnership headed by Austin-based Endeavor Real Estate Group. Dallas-based Tier REIT is ...
Real estate executive turned prosecution witness says firm used new investors ...
Real estate executive turned prosecution witness says firm used new investors ...
With Copper Boom Slowing, Real Estate Firms Get Creative in Chile
Further helping demand, real estate investments in Chile aren't subject to the wild inflation rates seen in other South American countries because rents in the country are calculated in terms of Unidad de Fomento, a currency unit that is adjusted to ...
Barclays: Forget the Wild Stock Market Swings, China's Real Estate Sector Is ...
Barclays: Forget the Wild Stock Market Swings, China's Real Estate Sector Is ...
9 Common Real Estate Myths That Plague Buyers and Sellers
In recent years, technology has radically changed the way homes are bought and sold, and yet some aspects of real estate are the same as they were when your parents bought their last home. If a long time has passed since your last transaction, you may ...
NYC Tech Accelerator: Let's Update "Dinosaur" Real Estate Biz
That mindset is partially an outgrowth of the way the real estate industry works, says Smith. It's been slow to move and adapt to technology, and compared to other industries, its dominated by a smaller number of bigger players. That reduces the ...
How big data is transforming real estate
Assessing a storm's damage to a house; responding to a prospective buyer's concerns about a property; designing offices that suit the needs of its tenants—all are key tasks of the real estate business that are rapidly being made faster and less ...
Could a burning hot Manhattan real estate market stunt SoulCycle's rapid growth?
“It's a piece of the business that's deeply frustrating for us,” said Heather Harris, president of CycleBar, a boutique cycling franchise that's making moves in the New York market. “New York is the hottest market out there but it's really tough to get ...
KSU Real Estate Property Management Course Begins Soon
A Real Estate Property Management certificate course is slated to begin Aug. 15 at the College of Continuing and Professional Education at KSU. The award-winning course prepares students to move directly into real estate careers. Last year, the program ...
Recent Commercial Real Estate Transactions
RECENT SALE. $3 MILLION. 113-02 and 113-10 Atlantic Avenue (between 113th and 114th Streets). Richmond Hill, Queens. A local construction and development company has bought this 15,000-square-foot site, where it plans to build an apartment ...
Real Estate Money Fills Campaign Coffers of Oakland Politicians
Altogether, real estate companies and individuals employed by the real estate industry gave Gibson McElhaney $12,194. This included $250 from Todd Adair of BKF Engineers, one of the firms vying for a piece of the Coliseum City redevelopment project; ...
Real Estate Investment Aided by Ponzi Scheme Could Recoup Victims' Money
But in a remarkable twist, the men who lost so much of others' money turned out to have a way with real estate. The Panoramic View was such a good investment that now, two years after the men were arrested, the investors stand a chance of recouping ...
How reliable are those online real estate sites?
According to Comscore, online real estate search sites get more than 100 million unique visitors a month. Considering that there are only about 400,000 home sales a month, it would appear that the majority of those 100 million visitors are not actually ...
Real estate players hunt for big dollars to help pass housing bond, beat ...
Real estate players hunt for big dollars to help pass housing bond, beat ...
Morgan Stanley raises $1.7 billion for real estate fund
Morgan Stanley (MS.N) said on Wednesday it has raised $1.7 billion for its eighth direct investment real estate fund. The fund, called North Haven Real Estate Fund VIII Global, has already made investments in the United States, U.K., Austria, Japan and ...
Lowe's Invests In SoloPro, A Service That Unbundles Real Estate Agent Services
SoloPro, a service that unbundles real estate services and gives buyers a 3 percent rebate when they buy a home through the service, today announced that it has received a strategic investment from home improvement giant Lowe's venture arm. Neither ...
New real estate section coming Sunday
“Nobody can go back and start a new beginning, but anyone can start today and make a new ending.” — Maria Robinson. When we decided to relaunch our Sunday real estate section, we didn't want to just do it to do something new. Our goal was, from the ...
The week in real estate market reports
The latest batch of reports from around the real estate industry found that Brooklyn had the majority of the city's largest multifamily deals in the second quarter and that broker confidence is dipped slightly. Residential. Q2 2015 Broker Confidence ...
German Lenders Are Racing Back Into the US Real Estate Market
In 2014, four of the 10 foreign lenders that provided more than $1 billion each to the U.S. real estate market were based in Germany, according to data from Real Capital Analytics. Last year, German lenders closed a total of $15.2 billion in U.S ...
Listen now: Laura Roy from The Real Estate Group
On today's show, we're joined by Laura Roy, a Realtor with The Real Estate Group, serving the Virginia Beach area of Virginia. Roy is an experienced real estate professional with over two decades of industry experience, selling hundreds of homes in her ...
United Overseas Bank: A Growing Presence in New York Commercial Real Estate
Singapore-based United Overseas Bank is a quiet force among the many overseas lenders putting bigger bets on New York property. While less talked about in the commercial real estate industry than Bank of China and Japan's Mitsubishi UFJ Financial ...
Ex-weatherman John Bolaris sees fair skies in real estate
After 25 years as a television weatherman, John Bolaris is pursuing a career in real estate. "When you're making a new direction in life, the best way to succeed is to go with what you love, and real estate is my other passion," said Bolaris, 58, who ...
Experts: Prepare for Treasure Valley residential real estate slowdown
Jere Webb, an associate broker at Downs Realty in Eagle who packages and sells real estate statistics, said June's local sales data opened eyes. Year-over-year pending sales had increased each month of 2015, with 6 percent more homes going under ...