Real Estate News

Real estate News 01/2016



Leominster real-estate agent elected state VP
LEOMINSTER -- Thomas Ruble, a broker with EXIT New Options Real Estate in Leominster, was recently elected vice president of Massachusetts Association of Realtors Central Region for 2016. "It's really an honor to have been selected by my peers," Ruble ...
Fresno's year in real estate: commercial development, reinvestment of old projects
The residential sector stayed out of the limelight as home prices and sales seemed to stabilize during the year giving other real estate industries a chance to shine. We saw a comeback in the industrial sector with developers racing to get new ...
The year in NJ celebrity real estate
Who bought, who sold, who was foreclosed upon, and who was trying to unload in New Jersey in 2015? February. Queen Latifah sold her 9-acre estate in Colts Neck for $2.088 million, around $300,000 less than the original asking price — and about $50,000 ...
2016 expected to be good year for real estate in Tri-Counties
Despite the slight increase of interest rates and the drought's persistence, real estate brokers are bullish on 2016. The Federal Reserve's decision to gradually raise interest rates throughout 2016 will not likely have a short-term impact on ...
Seattle-area among the most competitive real estate markets in the nation
Now, data is showing that the region's real estate market is just as competitive. How competitive? Redmond's Overlake neighborhood was the second most competitive neighborhood to buy a home in the nation in 2015. Seattle's Roosevelt neighborhood ...
What to expect in Nashville real estate in 2016
2015 was a tremendous year for Nashville and Middle Tennessee. It was also an outstanding year for our area's real estate market, and early signs indicate that 2016 will continue in the same direction. As I begin my role as the 2016 President of the ...
2015 a rich year for Boston real estate
It was a good year for people selling big-time real estate in Boston, though that may eventually mean higher rents for the people who live and run businesses here. Several transactions in 2015 marked local sales records for buildings and land. The ...
PEs may pump in more money in real estate this year
"In 2015, a large part of the investment in real estate was debt or structured transactions. This is expected to continue in 2016, but it would be complemented by equity deals in the later half of 2016 — with the government easing FDI norms for the ...
Blind date: Two real estate pros might close a deal
Daniel We [both] bike, work in real estate (she works for an institution, and I created a startup for real estate). We're both from New Jersey. We both love the Song of Ice and Fire series. Jennifer We shared the famous chicken and some small plates ...
Real estate news
Ana Speziale, a Realtor with Davidson Realty Inc., recently became certified as a Homes for Heroes real estate agent affiliate. As an affiliate, Speziale donates 25 percent of commissions to the “heroes” she helps through the real estate buying and ...
Commercial real estate predictions
“As the increased expectation for flexibility and adaptability in the ever-changing work landscape continues to impact workplace requirements, the commercial real estate industry needs to be ahead of the curve in order to capitalize on this opportunity ...
REAL ESTATE: 2016 forecasts no big hills to climb
The roller coaster ride is behind us, as far as the real estate industry is concerned. No big hills to climb, no treacherous turns, say the experts. The Inland region has cruised into the final leg of the Great Recession's journey, and so for 2016 ...
Legal-Ease: Real estate taxes and breaks
An old adage recites that the only two certainties in life are death and taxes. If you own real estate in Ohio, you pay tax on that real estate every year, whether or not you use, occupy or make money from that property. Ohio has taxed real estate ...
When a Doorman Is Underage
“If the managing agent is not responding to your requests, then the managing agent is not properly performing its duties,” said Lawrence Chaifetz, a Manhattan real estate lawyer. If the service is not up to par, make a list of recent grievances, with ...
Real estate industry seeing positive results from TRID
The Consumer Financial Protection Bureau's (CFPB) “Know Before You Owe” program has been in effect six weeks, with local and national industry experts pleased by results. Based on the Truth-in-Lending Act and Real Estate Settlement Procedures Act, the ...
Real estate transactions, Sunday, Jan. 3, 2016
Strandlund, James, estate, Geneseo, to Mahieu, Jeffrey, Moline; 1617 2nd St., Moline; $20,000. Dehls, Terrence P. and Margaret E., Des Moines, Iowa, to Chen, Qing and BAI, Fu Qing, East Moline; 3421 9th St., East Moline; $67,000. DeVilder, Jack A. and ...
Manitowoc County real estate transfers: Dec. 21-23
To determine the purchase price of the real estate, divide the transfer fee by 0.003. For example, a transfer fee of $250 would indicate a purchase price of $83,333. Real estate sold at a price of $100,000 would have a transfer fee of $300. Dec. 21 ...
Peninsula Town Center owners, Newport News Waterworks top Hampton real estate ...
Peninsula Town Center owners, Newport News Waterworks top Hampton real estate ...
Local real estate app available for Android, Apple devices
The app is the first of its kind and provides the Lee County community with local and real estate information on their smart device. The new application provides an improved online experience for home buyers and sellers, offers local information, a ...
Real estate briefly: Berkshire Hathaway adds nine members to REthing Council
Encino-based NAI Capital hired Jerry Gillman as executive vice president and branch manager in Torrance, where he will oversee South Bay operations. Gillman has more than 40 years of experience in the commercial real estate industry. He most recently ...
Business Buzz: Lumberton real estate association merges
Real estate associations in Brunswick County and Lumberton have taken a new step following a year of collaboration. Last week, the Lumberton Board of Realtors dissolved and merged with the Brunswick County Association of Realtors. Going forward, there ...
Sound Advice: Liquid real estate investments
"Are there real estate investments that are more liquid than owning property?" — From Steven of Annapolis. Mark Twain said, "buy land, they're not making it anymore." And although Mr. Twain was correct, investing in real estate can be costly, time ...
Commercial real estate: Tanda Francis
What do you think 2016 will bring for commercial real estate as a whole? Our industry will continue to rely on the energy market for its stability. It is certainly hazy for the first half of 2016 while large energy companies and related firms could ...
Real Estate: 2015 the year when the roof blew off Denver's housing market
Both home prices and rents in metro Denver increased at some of the fastest rates in the country in 2015. By Aldo Svaldi The Denver Post. Posted: 01/03/2016 12:01:00 AM MST. (Denver Post file). Related Stories. Jan 3: Looking back at 2015: Meet the ...
New year, old story in Bend real estate
In many cases, new arrivals still find homes in Bend a bargain, said Lynnea Miller, principal broker at Bend Premier Real Estate. According to the California Association of Realtors, the median price of a single-family home in San Diego County, for ...
La Crosse County real estate transfers for Sunday, Jan. 3, 2015
First Supply LLC to FMO Real Estate LLC, 1329, 1317 and 1339 Interchange Place, $960,000. Elaine Beranek to Duncan McKinney, 1233 13th St. S., $83,000. Jefferson Gallaher to Joseph Zoellner, 2102 Market St., $77,500. Spike Bakkum Rental LLC to ...
Year in Real Estate 2015: Market continues to rise
But despite lagging housing values in Riverhead, local real estate agents say the market has recovered — almost back to the heights of the mid-2000s. The North Fork's housing market, in almost all respects, is back. “It's very close to back to where ...
Leading with Faith, Skill and Purpose: Tom Tognoli, Intero Real Estate
Meet Tom Tognoli, co-founder, president and CEO of Intero Real Estate Services, the Silicon Valley, Calif.-based powerhouse, which in the 12 years since its launch, has become the regional market leader, on pace at press time to close out 2015 with ...
Brookfield and KIC buy Berlin real estate
Berlin's real estate complex at Potsdamer Platz — where five of the city's broad avenues converge near the Brandenburg Gate — has been bought by a subsidiary of Brookfield Property Partners and the state-owned Korea Investment Corporation in a €1.3bn ...
U.S. Real Estate to Draw More Foreigners in 2016, Survey Says
Foreign purchases of U.S. real estate have soared since the financial crisis, jumping to $87.3 billion of completed deals last year, from less than $5 billion in 2009, according to Real Capital Analytics Inc. Investors from Canada, Asia, Europe and ...
New Year's Pledge: Automatic Wealth Through Rental Real Estate
In the many years I've been actively investing in real estate, it has given me returns much better than the stock market. In fact, my average return has been between 5% and 8%, without leverage. When I use bank financing, those numbers are in the 12 ...
The Top Real Estate Stories of 2015: Part I
Coming up with a list of the year's top real estate stories in a market as big, broad, and active as Dallas-Fort Worth wasn't easy. Ranking them was even more difficult. For our cover story in the 2016 D CEO Real Estate Annual, editors looked beyond ...
China slowdown to hit luxury real estate
"We're moving into a different environment where you won't see the level of wealth creation in China that you've seen in recent years," said Liam Bailey, global head of research for Knight Frank, the London based real estate firm. China's slowdown is ...
Coldwell Banker Real Estate Survey Finds Nearly Half of Americans Will Have ...
Coldwell Banker Real Estate Survey Finds Nearly Half of Americans Will Have ...
The BBJ's top 10 real estate photo galleries of 2015
... and swanky suburban headquarters, a look at lush Cape Cod homes and the views from the top of the world — or, at least, the top of Millennium Tower. Here's a look at the real estate photo galleries Business Journal readers found most noteworthy in ...
Haisler: Want to buy or sell real estate in 2016? Consider your motivations
Likewise, every buyer interested in a home think the property has flaws and issues and, therefore, is significantly overpriced. In the end, these two parties need to come to terms if they want to make a real estate transaction. When I got into real ...
Crude Keeps Plunging, Threatening To Drag Down Houston's Residential Real ...
Crude Keeps Plunging, Threatening To Drag Down Houston's Residential Real ...
UBS Global Real Estate makes good on deal to buy downtown apartments by SunRail
UBS Global Real Estate's related 480 North Orange Avenue Apartments Investors LLC on Dec. 31 spent $60.5 million, or a whopping $216,846 per unit, to buy the new 279-unit Class A apartment community on North Orange Avenue and Amelia Street from ...
Denver Real Estate Market: Looking Forward, Looking Back
Because the economic news is good our Denver Metro real estate market is projected to stay strong but not overheat. I'll share some of the metrics I use to evaluate the market and understand it better, describing what 2015 looked like and where I think ...
Real estate's tech arms race
While the early wave of real estate tech — including companies like StreetEasy, which was acquired by Seattle-based Zillow — put data in the hands of consumers, today's startups are, more often than not, looking to arm real estate professionals and ...
Welcome to NYC real estate in 2026
What can happen in 10 years? Well, a decade ago, “Billionaires' Row” had yet to enter the real estate lexicon. Brokers like Dolly Lenz and Fredrik Eklund weren't using Twitter to sell high-priced homes. Brooklyn Bridge Park was two years away from ...
Real estate firms get socked by latest market tumble
Other indices closely aligned with the real estate market reflected the drop, with the S&P 500 closing down 1.5 percent — its sixth-worst opening day ever — and the MSCI U.S. REIT Index – which tracks real estate investment trusts nationally – down 1 ...
Top Real Estate Stories of 2015
The most popular stories of the year from The New York Times Real Estate section. JAN. 4, 2016. Photo. Credit Nicole Bengiveno/The New York Times. 1. Our Year of Living Airbnb. David Roberts and his wife, Elaine Kuok, couldn't decide where to live in ...
Former Maui energy chief's real estate firm expands to Oahu
The former energy chief of Maui County is growing his real estate business by expanding to Oahu with the purchase of two units at the Waipio Business Center, he told PBN. The purchase in the Central Oahu industrial business center brings DKK Properties ...
Georgia real estate investors plead guilty to bid rigging at auctions
Two Georgia real estate investors pleaded guilty Monday to bid-rigging and mail fraud conspiracies in connection with public real estate foreclosures in Georgia. Paul Chen and Ira Eisenberg each admitted that they agreed not to bid against others at ...
Manhattan real estate prices shatter records
The average apartment price in Manhattan hit a record $1.95 million in the fourth quarter, as high-end real estate continued to defy volatile stock markets and slowing growth overseas. Real estate sales grew 9 percent in the quarter compared to the ...
Why The Best Investment In 2016 Might Be Global Real Estate
Market consensus now has equities flat to negative in 2016. Much of it is due to rate hikes and an end of QE in the U.S. After that, China and oil are to blame for everything else. It's hard to find an equity bull except at the value funds. Bonds ...
DFW's Top Real Estate Stories of 2015: Part II
The deal created one of the largest commercial real estate firms in the world, with a combined total revenue of $5 billion and 43,000 employees. Star power that shifted from DTZ to C&W locally included leasing specialists Johnny Johnson, Chris Taylor ...
Real estate group, chamber to host Beaufort housing seminar
A seminar by The Prestige Real Estate Group at ERA Evergreen and the Beaufort County Black Chamber of Commerce will discuss tips for first-time homebuyers to navigate what will likely be the largest single purchase of their life. The event is at 6:30 p ...
Ask Eli: 2015 Arlington Real Estate Statistics
Question: Can you provide some end-of-year statistics for the residential real estate market in Arlington? Arlington continued to be a strong, stable real estate market in 2015 with $1.82B in home sales and 2.1% year-over-year growth on average sale ...