Real Estate News

Real estate News 08/2016



5 Real Estate Data Innovators Breaking New Ground In 2016
An emerging wave of entrepreneurial companies are leveraging real estate data to provide innovative solutions in a broad spectrum of venues — from the land ...
Spuyten-Duyvil Real Estate Prices Creeping Up to Brooklyn Levels ...
Spuyten-Duyvil Real Estate Prices Creeping Up to Brooklyn Levels ...
Don't resist your real estate agent's suggestion to upgrade that dated decor
I'm interviewing real estate agents in preparation to sell my townhouse. Both brokers interviewed so far recommend painting my dark wood kitchen cabinets white. Painting wood seems nonsensical to me, but she says white shows better. Similarly, she ...
How the DC real estate market is faring so far in 2016
The sales price to list price ratio — the price at which a property sells compared to its original list price — for all real estate sales in Washington has remained steady through the first half of 2016 at 98.9 percent. This means that homes sell on ...
Houston real estate stocks shine on Wall Street
Houston-based real estate companies have largely outperformed their peers on Wall Street in 2016. Shares of Camden Property Trust topped a list of nine apartment operators tracked by Bloomberg, with a gain of 17.2 percent so far in 2016. Shares of ...
Prince Everything Must Go ... Estate Ready to Dump Properties
It's unclear exactly which of his properties will be for sale -- the court has sealed that part of the request -- but Prince is known to have real estate in Minnesota, Beverly Hills, New York and possibly more. His Minnesota holdings alone have been ...
Could Facebook's Entry Into Residential Real Estate Offer a Model for Housing in Expensive Cities?
Facebook recently proposed a plan to create 1,500 apartments for employees near their Menlo Park, California campus, with 15 percent of the housing set aside for low-income families. According to Wired, “Urban planners and local developers call it a ...
3 Stocks Underperforming Today In The Real Estate Industry ...
3 Stocks Underperforming Today In The Real Estate Industry ...
Democratizing data: Toward real estate transparency
Someday soon, buying real estate will be as smooth and fast as buying a car, stock or bond. And it will happen because innovative companies are making real estate more transparent every day. Whether you're a business or a consumer, decisions related to ...
Banks continue making corporate, commercial real estate loans ...
Banks continue making corporate, commercial real estate loans ...
Donald Trump Long Sought a Real-Estate Foothold in Russia - WSJ
Donald Trump unsuccessfully sought to gain a place for his Trump-branded towers in former Soviet states as far back as the 1980s, but he has attracted ...
Focusing on hyperlocal real estate marketing and news
Marguerite Giguere, the skydiving agent of Tacoma, Washington, joins Homesnap's Gayle Weiswasser to talk about hyperlocal marketing and news sharing — and by hyperlocal, she means a five-mile radius. play. play; pause; stop; mute; unmute; max ...
Shadow investors become exposed as they make big real estate plays
“They tend to stay under the radar… but they've allocated more money to real estate as an asset class over the last 10 years,” said a consultant who works with a dozen ultra-wealthy families with New York real estate holdings. “The reality is that as ...
The Canadian Housing Boom Fueled by China's Billionaires
The walls of Clarence Debelle's Vancouver office on Canada's west coast are lined with gifts from his real estate clients: jade and turtle dragon figurines; bottles of baijiu, a traditional Chinese alcohol; and enough special-edition Veuve Clicquot to ...
Brooklyn real estate sales heating up as inventory falls, StreetEasy ...
Brooklyn real estate sales heating up as inventory falls, StreetEasy ...
Here's what I can't figure out.
Anecdotally you get the impression that there simply isn't enough good real estate left to develop adjacent heavily-trafficked areas. Both Kimco's Flynn and Federal Realty's Don Wood emphasize the need to be convenient and to offer values as a way to ...
Carolina Forest SC Real Estate
"Our market is extremely diversified, so to be truly successful, we must address the specific needs of both buyers and sellers," says Ron Jackson, Vice President of Better Homes and Gardens Real Estate Elliott Coastal Living, "At BHGRE, we have done ...
The Sweet Spot of Global Commercial Real Estate Market
Colin Dyer, chief executive officer at Jones Lang Lasalle, examines the state of the global commercial real estate market. He speaks with Bloomberg's David Westin on "Bloomberg ‹GO›." (Source: Bloomberg) ...
Zillow Group buys Atlanta real estate startup that helps brokers ...
Zillow Group buys Atlanta real estate startup that helps brokers ...
How the suburban Maryland real estate market is faring so far this year
The real estate markets in Montgomery and Prince George's counties in Maryland show very different signs of growth halfway through this year. Whereas Montgomery has been traditionally the wealthier county, Prince George's has continued to show rapid ...
India Shoots Down Facebook's Free Basics Program
This story is about Alex Wang: suburban dad of three, Silicon Valley real estate agent, a steady ace at selling houses in Silicon Valley's frenetic housing market. Closing some $50 million of homes last year, Wang is skilled at his job, but certainly ...
The Winners: D CEO's 2016 Residential Real Estate Awards
In a booming housing market like Dallas-Fort Worth, it's not easy to stand out. But D CEO editors have reviewed all of the nominations in its second annual Residential Real Estate Awards program and selected nine winners. Named Residential Real Estate ...
Joe Sitt: Chinese investors still love NY real estate
Despite a brief lull, Chinese interest in U.S. commercial real estate is still strong, according to Thor Equities CEO Joseph Sitt. “We saw a slowdown about six months ago, when China went through that little bump in the road, but now I am starting to ...
British Columbia slaps real estate tax on foreign buyers
VANCOUVER, British Columbia (AP) — Foreign nationals buying Vancouver real estate will pay an additional property transfer tax of 15 percent as part of an effort to address high real estate prices and low vacancy rates. The tax which took effect ...
LBG Real Estate Plans $12M Medford Center Revamp
The 420,000-square foot Medford Center located in Medford, Ore., will undergo a $12 million redevelopment process, announced Southern California-based investor LBG Real Estate Cos. The funds will be used to create more than 30,000 square feet of ...
Real Estate Brokerages Capitalizing on Stronger Market, with Higher Satisfaction Scores
COSTA MESA, Calif., Aug. 3, 2016 /PRNewswire/ -- Real estate brokerages are capitalizing on an improving resale market by focusing on factors tied to customer satisfaction among both buyers and sellers, according to the J.D. Power 2016 Home ...
Real estate office opens inside Lilies of the Alley
Hardy and Irelan have been in the new office for a little more than a month, but Irelan — a Realtor for 37 years — has run the original Lakeside Properties Real Estate office in Elk Rapids for much longer. His 18 real estate agents are situated ...
It's a seller's real-estate market, but who's selling?
“A key part of the inventory problem is that in expensive markets it's difficult for existing homeowners to find another home afterwards if they do sell,” said Ralph McLaughlin, an economist with San Francisco-based Trulia.com, a real-estate research ...
How the Northern Virginia real estate market is faring so far in 2016
So far in 2016, home values and market indicators in Northern Virginia have shown very slow, if not minor backward growth, according to Rockville-based multiple-listing service MRIS. Several key indicators, including average sales price, number of days ...
Real Estate Industry Opposes Blanket Ban on Signs in Road Medians, Near Sidewalks
“While you may believe the Internet is the primary way folks learn about opportunities to purchase a home, real estate signs are vitally important to let residents know about the broader real estate market in surrounding neighborhoods,” said Bill ...
Graphiq partners with CoreLogic to create visual data for real estate
CoreLogic, a global property information, analytics and data-enabled solutions provider, announced a collaboration with Graphiq, a technology and data visualization company, to bring interactive visualizations to the real estate industry. CoreLogic ...
What's up in the real estate market
The vacancy rate for industrial properties in Palm Beach County fell to a 10-year low of 3.4 percent in the first quarter of 2016 according to a recent report issued by real estate firm CBRE. Rents rose 4 percent to $8.86 triple-net per square foot in ...
Movies|From 'A Tree Grows in Brooklyn' to 'Little Men': A Borough's Real Estate Crises, Onscreen
When she hesitates about the $600 monthly rent (no, really), the real-estate agent, Ava Gardner (no, really), immediately knocks it down to $400. Did I hear you say that there must be a catch? There is: The building turns out to contain the doorway to ...
Longtime Real Estate Office Closes After Owner Falls Ill, Ex-Employees Say
FOREST HILLS — A real estate office that has been a Forest Hills fixture for more than three decades closed its doors several weeks ago after owner fell ill and has not been able to operate the business, former employees said. The Better Homes and ...
Put all real estate agreements in writing
Reader Question: Soon we will begin a remodel on a house on our friend's property. The property includes a main home and this second house. Our intention is to sell our existing home and have the second house become our permanent home in the coming ...
Highlights from our Reddit AMA on Seattle's housing and real-estate market
On Wednesday, Seattle Times real estate reporter Mike Rosenberg held a Reddit AMA (Ask Me Anything) on the local housing scene. City Hall reporter Dan Beekman dropped in to answer questions about city housing policy. The AMA garnered a good deal ...
Sea Level Rise Could Cause $1 Trillion in US Real Estate Losses
Climate change, real estate, smart cities, Florida, sea level rise, Leon Cities like Miami will need more than breakwaters if sea-level rise projections hold true. We do not hear much about climate change from the real estate industry, but this month ...
Throwback Thursday: Black Professionals Ban To Invest In Commercial Real Estate
It was a bittersweet moment for Carl Satterwhite when he toasted the commercial real estate purchase of the iconic 1920s Vernon Manor hotel with a majority interest held by a group of African American first-time investors. That's because he had worked ...
Real Estate: How to Invest in Wall Street's 'New' Sector
When S&P and MSCI jointly created the classification standards in 1999, they tucked real estate under the financial sector. Since then, real estate investment has quickly grown and now it accounts for 20 percent of the financial sector's holdings. When ...
Uptown tower sale will raise the price bar for Dallas real estate
Union Investment Real Estate of Hamburg is paying more than $200 million for the 21-story 2000 McKinney tower which fronts on Klyde Warren Park and is across the street from the Ritz-Carlton Hotel. With a sales price of more than $500 per square foot ...
Howard Hanna and RealtyUSA merge, form third largest real estate company in U.S.
BUFFALO, New York -- Howard Hanna, the largest real estate company in Ohio, has merged with RealtyUSA to become even bigger. Now, the merged company is ranked as the third largest real estate company in the country. The announcement came last ...
End of an era as China's love affair with US real estate fades
Wong is not the only one who has felt the cooling in the U.S. real estate market for foreign buyers. Total sales to Chinese buyers in the 12 months through March fell for the first time since 2011, to $27.3 billion from $28.6 billion a year earlier ...
Inside Real Estate With Kevin: How Are Real Estate Agents Paid?
Real estate agents (and the brokers with whom they are licensed) are usually paid a commission. A commission is a fee, often calculated as a percentage of a home's sale price, paid to a real estate broker. The broker then divides this fee, sharing it ...
Helping millennials get started in real estate careers
Real estate is a difficult profession for millennials to go into: You have to establish yourself before you can make money, you don't get health benefits and you work on commission only — which doesn't exactly wipe out those student loans quickly ...
Ask a Real Estate Pro: Fence dispute hinges on whether neighbor got permit
Board-certified real estate lawyer Gary M. Singer writes about the housing market at SunSentinel.com/business/realestate each Friday. To ask him a question, email him at [email protected], or go to SunSentinel.com/askpro. Q: At the beginning of ...
Paul Massey, Real Estate Executive, to Run for Mayor of New York City
Paul J. Massey Jr., a millionaire real estate executive, took steps on Thursday toward running for mayor of New York City — styling himself in the mold of former Mayor Michael R. Bloomberg, as a wealthy businessman and an outsider to politics with the ...
CRE tech: A promise unfulfilled
Today, Freedman told The Real Deal, the company has more staff and users than ever before. Still, 42Floors' ups and downs are emblematic of the broader challenges startups in the commercial real estate space face. Between 2011 and 2014, 129 real ...
What the Bank of England decision means for UK real estate
"Housing demand has been firm as a result of very low mortgage rates, rising real incomes and high employment. At the same time, supply has been extremely low, adding to upward pressure on prices. There are, however, signs that the underlying pace of ...
Plano office tower sale could set North Texas real estate record
And a North Texas real estate high point could be set if a Plano office building changes hands. The 13-story Legacy Tower in West Plano on the Dallas North Tollway is in play. And an international buyer eyeing the property could set a new high for ...
Trump Names Wall Street And Real Estate Titans As Economic Advisers
Donald Trump has released the names of his economic advisers, a list heavy with Wall Street and real estate industry figures, but short of actual economists. The names include several people from the world of hedge fund and private equity firms ...