Real Estate News

Real estate News 03/2017



House Hunting in … Sydney
It is one of eight similar homes on an “elegant, tree-lined street,” said William Manning, a sales agent with McGrath Estate Agents, which has the listing. “The eastern suburbs are the most expensive in all of Sydney,” Mr. Manning said. In close-by ...
In New Orleans, A Mardis Gras Bounce for Real Estate
Mardi Gras in New Orleans ushers in lots of dancing, beads, and boisterous parades and floats. The annual event sends tens of thousands of tourists into the Crescent City decked-out in elaborate costumes with feathers and flamboyant accessories as the ...
Connecticut Has the 4th Highest Real Estate, Car Taxes
Think your taxes are too high? Connecticut has the fourth highest real estate and car property tax rates in the United States, according to a study by WalletHub. The average American household spends $2,149 on real-estate property taxes, plus another ...
Report: Wisconsin has one of worst real-estate property tax in US
Each year, the average American household spends $2,149 on real-estate property taxes plus another $402 for residents of the 27 states with vehicle property taxes. With such high costs, it's no surprise that about $11.8 billion in property taxes go ...
Cuyahoga County plans $450000+ study of real estate -- again
CLEVELAND, Ohio - Cuyahoga County plans to spend more than $1 million for a firm to evaluate all owned and leased real estate and determine what should be sold or consolidated. The contract -- expected to cost $450,000 for the first phase to evaluate ...
These luxury markets saw the biggest hikes in real estate prices
According to The Wealth Report, an annual publication by the Knight Frank real estate firm, Shanghai experienced the biggest annual price increase for prime residential real estate. The London-based firm defines prime real estate as the top segment of ...
Commercial real estate adjusting to rapid growth in Utah County
“It's vital to the success of our economy to have a balanced economy,” said Jarrod Hunt, industrial real estate specialist and senior vice president at CBC Advisors. “Not everyone wants to go to college, not everyone wants to sit behind a computer all ...
Queens real estate employees charged with scamming city homeowners out of their deeds may get up to 25 years
A probe into a real estate business in Queens revealed a fraudulent deed scheme — and now some of the employees face up to 25 years in prison, authorities said Wednesday. A Queens grand jury charged two corporations and eleven individuals ...
Voodoo Agent: How to truly tap into your sphere of influence in real estate
To build a consistent, sustainable business, the most important focus for real estate agents is the ability to quantify and cultivate their sphere of influence. Agents need to pull together everybody they know, put them in one place, and then gather ...
The UK's biggest commercial real estate company is making its buildings greener
Commercial real estate giant Land Securities has announced its plans to cut greenhouse gas emissions from its buildings by 80 percent by 2050 have been given the seal of approval by the Science Based Targets initiative. The initiative is a partnership ...
What $900000 buys in the San Fernando Valley real estate market
What does $900,000 buy in the San Fernando Valley housing market? In Burbank, a contemporary home with canyon views; in Chatsworth, a 5,200-square-foot house with a pool; and in Studio City, a 1930s bungalow with a recording studio. Here's a more ...
Michael Jackson's Neverland Ranch Devalued in Real Estate Market
Michael Jackson's former home, Neverland Ranch, is back on the real estate market with a new asking price of $67 million, The Associated Press reports. The price tag is a significant decrease from the $100 million the estate was going for last year ...
Bellerose real estate company stole homes from people in financial trouble: DA
A Bellerose-based real estate company along with 11 individuals were charged on Wednesday with allegedly carrying out a fraud scheme in which they targeted financially distressed homeowners and convinced them to hand over their properties for ...
Real Estate Experts to Talk Market Trends, Projections
With more than 30 years of expertise, second-generation homebuilder James Reid has seen a lot of ups and downs in West Tennessee's real estate market. JAMES REID. “While the market has obviously improved tremendously, last year in Shelby County we ...
Twin Cities real estate professionals honor the best deals and dealmakers of 2016
2016 was generally a very good year for commercial real estate in the Twin Cities, producing dozens of sizable deals engineered by brokers who were kept busy across all property types. Thus, there was a lot to choose from for members of the Minnesota ...
ABJ's 2017 Residential Real Estate Awards: Mueller neighborhood takes home trophy
Mueller, one of Austin's most ambitious long-term developments, is still setting a high bar high 10 years after it replaced the old municipal airport that bore the Mueller name. Subscribe to get the full story. Already a subscriber? Sign in. Subscribe ...
Austin's top-selling Realtors, most innovative homebuilders: 2017 Residential Real Estate Awards unveiled
With the Austin-area population booming, these Realtors exemplify the residential real estate sector's robust activity. The economy won't lose steam any time soon, according to prominent economist Angelos Angelou, so residential real estate agents ...
Real estate agency's annual pillow drive gives fresh start to those in need
HUDSON, Wis. (KMSP) - Stashed in her parent's garage in Hudson, Wis. piles of pillows are stacked close to the ceiling. “I am a little obsessed with our pillow fight for Bridging,” said Sara Nielson. Nielson and her fellow coworkers at the Coldwell ...
Is a mobile app a good investment for real estate agents?
Following this same logic, you may be tempted to think that a mobile app will transform your real estate business by putting you in everyone's pockets. After all, don't the latest reports show that most people spend 60 percent of their time glued to ...
ACC Round Rock to offer Real Estate Summer Course
The eleven-week course offered to enrolled ACC students, Real Estate Brokerage, begins May 30 and is a part of a two-year program offering education hours toward the Texas Real Estate Commission at the WCAR in Round Rock. Through the partnership ...
Real Estate Growth Market Or Impending Bubble? How To Tell The Difference
Home prices took a nosedive during the Great Recession that started in 2008. Prices fell in all local markets, but much more in some than others. And afterwards some had a better recovery than others. Why? And, more important, could we have predicted ...
Stocks fall as staples and real estate lag; Yellen's remarks approach
U.S. equities drifted lower on Friday as investors awaited commentary from the top Federal Reserve official. Fed Chair Janet Yellen is set to speak at the Executives Club of Chicago at 1 p.m. ET. Fed Vice Chairman Stanley Fischer is also scheduled to ...
REITs Vs. Real Estate Crowdfunding
Real estate crowdfunding has in the recent years gained in importance and many today consider it a substitute to REITs. While looking for comparisons between both online, I mostly found highly biased reviews written by crowdfunding companies. I believe ...
Real Estate Weekly: REITs Decline As Trump Optimism Lifts Interest Rates
Across other areas of the real estate sector, mortgage REITs (NYSEARCA:REM) finished the week lower by 0.2% and the international real estate ETF (NASDAQ:VNQI) fell 1.6%. Through two months of 2017, REITs are higher by 1%, underperforming the S&P ...
Real estate pioneer Louis Kahnweiler dies at 97 ​
"No one made more money in real estate with less risk," said Gerald Egan, a former Kahnweiler colleague. A Chicago native who served in the U.S. Navy, Kahnweiler was only 5-foot-4 but came across as imposing, especially over the phone. "He would ...
The case for helping your real estate agents retire
To do nothing as a brokerage is simply not good enough, said Joseph Rand, one of the managing partners of Better Homes and Gardens Real Estate – Rand Realty in New York and a passionate advocate of establishing a transition process for retiring agents ...
TV's 'The Deed' Reveals the Dark and Scary Side of Real Estate Investing
Put “Flip or Flop” on human growth hormones, add a heaping dose of financial panic, and you've got “The Deed”—the latest reality TV show that reveals just how hard it is to make money in real estate. Our tour guide through this bleak reality check ...
More than 300 celebrate Best in Atlanta Real Estate Awards (SLIDESHOW)
More than 300 real estate leaders turned out to honor significant real estate deals in metro Atlanta during 2016 at the Best in Atlanta Real Estate Awards. The 18th annual awards event held Thursday night (March 2) at American Spirit Works in Atlanta ...
Southwest Florida real estate briefs
Florida real estate school Larson Educational Services is offering a real estate licensing course. The eight-day, 63-hour course is required education to obtain a Florida Real Estate Sales Associate license. The course covers Florida real estate ...
The week in real estate industry deals: Feb. 27-March 3
While real estate agents chase leads and close deals on houses, there's another level of deal-making that takes place within the real estate industry: mergers, acquisitions, integrations and partnerships. We'll be recapping every week's noteworthy ...
Macy's Is a Real Estate and Credit Card Company Masquerading as a Retailer
Yet the actual business of running department stores is becoming less and less important for Macy's. Real estate sales and credit card income now account for the majority of the company's earnings. The growing importance of non-department-store ...
Russian real estate deals never materialized for Trump
The New York real estate tycoon has his name on hotels, resorts and other properties from South Korea to Turkey to Panama, but none in Russia, though he repeatedly said he wanted to build a Trump tower in Moscow and discussed various deals in three ...
The Oracle of Omaha is selling. This time it's real estate.
Berkshire Hathaway Chairman and CEO Warren Buffett recently listed his Laguna Beach, California vacation home for $11 million. If gets anything near what he's asking, he'll make a decent return on his investment. He paid $150,000 for the property back ...
Russian Real Estate Deals Never Materialized for Trump
He visited imperial palaces and construction sites. He presided at a Miss Universe pageant. He hobnobbed with city officials at gala functions and seemed to particularly enjoy dining on Russian sausage. But Donald Trump did not strike any real estate ...
From refugee to real estate dynamo, Blia Cha helping others find homes in Milwaukee's central city
Pregnant and living in a refugee camp in Thailand, Blia Cha was definitely not on track to become a real estate superstar across the globe in Milwaukee. Now, looking back on her career from the first few days of retirement, Blia can be proud that she ...
20-foot alley sparks $10 million real estate battle
Great Jones Alley is a tiny, 20-foot wide, 137-foot long sliver of pavement between Bond and West 3rd streets. On one side is a slick new Noho condo called 1 Great Jones Alley, where the penthouse just sold for $30 million. On the other side is 684 ...
Real estate briefly: Pendulum buys Peters Canyon office property for $41.7 million; Orange senior apartments sell ...
Real estate briefly: Pendulum buys Peters Canyon office property for $41.7 million; Orange senior apartments sell ...
Memphis real estate growth is slow, reliable
We may not always be recognized for it, but Memphis is a city of growth. Our growth isn't flashy like in other cities with luxury condo developments and massive apartment towers, but that's OK. We shouldn't aspire to be a boom-and-bust city. Instead ...
Nine out of 10 homebuyers rely on a real estate agent
Video may have killed the radio star. But technology -- despite making it easier to shop for and list homes online -- hasn't ended our reliance on and trust in a flesh-and-blood real estate agent, who isn't going away anytime soon (at least until they ...
Bailing out Miami
But looking at Miami Beach's real estate market, you wouldn't know that the city is potentially facing a half a trillion dollars in flood damage. Shane Smith met with two of Miami beach's top real estate brokers, Jill Hertzberg and Jill Eber, to find ...
The Secret To Apollo Commercial Real Estate's Performance
The Secret to Apollo Commercial Real Estate (ARI) building book value while peers lost value comes down to two parts. The first is simple and should be obvious. They were holding credit-sensitive assets rather than interest-rate-sensitive assets so the ...
9 ways drones are changing real estate
As the spring homebuying season gets underway, drones may be a more common sight above homes about to go on the market. More and more real estate professionals are turning to drone photography and videos to better market their listings. In August ...
How I used an Instagram giveaway for real estate lead generation
Last year as I was putting together a business plan for my foray into being a full-time real estate broker, I decided that I was not going to directly advertise for business. It has always fascinated me how rarely brands like Apple, Chick-fil-A ...
How Will Trump's Proposed Tax Plan Impact Real Estate?
President Donald Trump has made most of his wealth in commercial real estate, and it seems logical that he would structure tax laws to favor property investors, especially Average Joe. It appears that President Donald Trump will soon pass new tax ...
Zephyr Real Estate Announces 2016 Fourth Quarter Awards for San Francisco Office
SAN FRANCISCO, CA--(Marketwired - March 06, 2017) - Zephyr Real Estate has announced the fourth quarter sales awards for its San Francisco office. Tanya Dzhibrailova continues to lead the way with Highest Sales Volume at $22,675,000. She holds the ...
Founder Friday: Sidney Torres, Real Estate Magnate
All products and services featured are based solely on editorial selection. FORTUNE may receive compensation for some links to products and services on this website. Quotes delayed at least 15 minutes. Market data provided by Interactive Data. ETF and ...
How This Real Estate Developer Went From Sweeping Floors to Making Millions
Sidney Torres got his start in real estate as an entry-level worker at a construction company. His job was to sweep the floors and clean the windows of newly-sold homes. As he worked his way up at the company, he became enamored with the idea of ...
Real estate attorney Robert Bressman rejoins Mayer Brown
Bressman's practice is focused on complex real estate financing, leasing and joint venture transactions, and major office and hotel development and equity deals. He advises national insurance companies and financial institutions in negotiating ...
Beau Laughlin Takes Control of Some Seriously Prime Real Estate in Los Feliz
Good news for folks who love Los Feliz, the walkable little enclave east of Hollywood: Beau Laughlin is coming, and he's bringing reinforcements. Laughlin has historically been behind some of LA's most well-known spots and of late has been keeping a ...
This is why loosening Dodd-Frank won't stop real estate growth
The Trump administration recently signed an executive order to scale back the massive Dodd-Frank Wall Street Refrom Act. Many advocates are concerned its repeal could lead to another recession. However, it's important to understand that the executive ...