Real Estate News

Real estate News 02/2018



How to start a real estate team as a first-year agent
Want to start a real estate team but have little-to-no experience as an agent? Believe it or not, it's possible to get a successful team running your first year in the business. The success of Pat Hiban's recent podcast guest David Serpa is proof of ...
Robust real estate market still steaming
"Two-thousand-per-square-foot sales happen regularly in Aspen now," according to Andrew Ernemann, broker associate for Aspen/Snowmass Sotheby's International and one of the featured speakers in the annual real estate review that was hosted Wednesday by ...
5 rules for playing nice with other real estate agents
For many years, I was on a self-centered journey where I thought all paths led back to me. I honestly believed during that time that the “sandbox” I played in was either all mine, or at least, a territory governed by my rules. There is a common ugly ...
Real Estate Money Machine - 33% Cash Flow Yield
Despite the market telling me that I am wrong, I continue to believe that class B mall REITs are more opportunistic than ever before. The latest dividend cut of CBL led to another round of market panic – causing share prices to plunge and dividend ...
Carlyle Wins Tax Fight Over $465 Million Real-Estate Deal
The affiliates were exempt from taxes on rental income from French properties, and wouldn't face the 33 percent tax on real-estate capital gains after sales. France negotiated with Luxembourg to change the agreement in 2006 and narrow the tax ...
Real estate cryptocurrency startup Deedcoin secures SEC registration
Deedcoin promises to disrupt real estate commissions by letting clients pay agents partly in its own digital currency tokens. Earlier this week, the startup announced it was officially on the books with the Securities and Exchange Commission to try it ...
This San Jose neighborhood is the hottest real estate market in the entire country
Temperatures may have cooled in the middle of winter in Silicon Valley, but the same can't be said for the real estate market. Real estate website Redfin recently ranked the 10 hottest neighborhoods in the United States, and nine of them are in San ...
Someone is selling their New Jersey house for $2.3 million in bitcoin — and it's a growing trend
A house for sale in one of America's most desirable places to live is accepting bitcoin as payment, a growing trend in the real estate market. The Middletown, New Jersey, house was nominally listed for $2.15 million on Zillow in late January. The ...
Caesars real estate owner raises more money than expected in IPO
The Las Vegas-based real estate investment trust sold 60.5 million shares at $20 a piece, raising $1.21 billion, the company said it a statement late Wednesday. The company initially sought to sell 50 million shares between $19 and $21. VICI also ...
Commercial real estate industry honors property plays by Cowboys owner Jerry Jones
His Blue Star Land company has built everything from neighborhoods in Frisco to mixed-use projects up in Prosper. And the Jones family's $1.5 billion Star in Frisco mixed-use development on the Dallas North Tollway is one of the largest such projects ...
Exclusive: Congressmen urge government inquiry into real estate competition
Influential members of the U.S. Congress have taken a keen interest in real estate competition, especially in regard to listing data. Two congressmen -- Republican Tom Marino of Pennsylvania and Democrat David Cicilline of Rhode Island -- sent a letter ...
Marijuana-Related Real Estate Might Pay Off for HNW Investors. But at What Risk?
Warehouses are the most prominent asset type for real estate investors plunging into the marijuana industry, but retail shops, greenhouses and cropland also should be on their radar, Dayton says. A report recently released by Denver-based Integra ...
Real estate daily market update: February 2, 2018
We'll add more market news briefs throughout the day. Check back to read the latest. Most recent market news. Thursday, February 1. Freddie Mac Primary Mortgage Market Survey. 30-year fixed-rate mortgage (FRM) averaged 4.22 percent with an average 0.5 ...
Real estate's tech disruptors
UPDATED, Feb. 2, 10:14 a.m.: Just 20 years ago, fax machines were in wide use and most people didn't have cell phones. Fast forward to today, and smartphones are inescapable and personal hotspots are tucked into everyone's pockets. The real estate ...
Top commercial real estate transactions for the week of Jan. 29-Feb. 2
CIG Legacy LLC. and Symphony Northpointe LLC purchased the 8-story Northpointe Centre office building at 12005 Ford Road in Dallas. John Bowles, Bruce Butler and Susan Gwin Burks of Colliers International brokered the sale. The Terrawood apartments in ...
Priscilla Bretschger, 91, teacher and real estate broker
Priscilla Bretschger, a substitute teacher and real estate broker, died Saturday in Canterbury Woods, Amherst, after five months of hospice care. She was 91. Born in Buffalo, the former Priscilla Bassett was a 1944 graduate of Buffalo Seminary and a ...
Ask a real estate pro: My neighbor's tree is ruining my yard; what can I do?
Many cities have rules about types of trees and how high they can be grown. If you live in a community association, check the rules and speak with the board about the problem. You may get some traction if the tree is also blocking a particular view ...
Vail area real estate sales top $2 billion for first time since 2007
The Park Hyatt Beaver Creek was the largest single real estate transaction in 2017 at $145.5 million. Total sales in 2017 exceeded $2 billion for the first time since 2007. It's taken a decade for Eagle County's real estate market to get back to levels ...
Cushman breaks from tradition by changing popular State of Real Estate event
Cushman & Wakefield is breaking from a long-standing tradition this year by not conducting its annual State of Real Estate outlook with a live local event. The real estate brokerage typically hosts the annual event in February, usually to a packed ...
Real Estate Moguls Who Bankrolled Trump Victory Are Donating Big for His Reelection
Real estate moguls who helped bankroll Donald Trump's victory in the 2016 presidential election have contributed more than one-fifth of the money he has raised in a fund since the inauguration, according to a report. Related: Trump Is 'Definitely Still ...
Denver-based real estate investor EverWest purchased by Canadian firm for $1.6 billion
The real estate arm of Canadian insurer Great-West Lifeco Inc. is making its first move into the U.S., acquiring Denver-based EverWest Real Estate Partners LLC to gain access to the larger market and help clients diversify their property portfolios ...
Real Estate Confidential: Post and Beam construction
My fascination with the open floor plans possible with post and beam began with an antique converted barn I walked by in Silvermine, Conn. almost daily for many years. I was awed by the towering ceilings, large expanses of glass and the wide open feel ...
Why Millennials Are Moving the Needle on the Real Estate Market
While the uptick in homeownership is nowhere near pre-recession levels, it marks a significant shift from a decade ago, when an unstable job market kept most consumers from even contemplating the purchase of a home. But what has changed? The Knowledge ...
Alex Rodriguez: My 2018 'game plan' for real estate investing ...
Alex Rodriguez: My 2018 'game plan' for real estate investing ...
Appeals court hands real estate firms win in long-running patent fight
A federal appeals court on Thursday upheld the dismissal of a lawsuit alleging that a dozen real estate companies, including Move Inc, Keller Williams Realty Inc, and RE/MAX LLC, infringed on patents describing a method of searching for real estate ...
Annapolis man sentenced to 4 years in prison for real estate, credit card fraud
The real estate scheme is related to JJ&M Enterprises LLC, an Annapolis-based business that claimed to provide real estate professionals with leads to sell homes. Court documents state the company registered two websites — buyerhomesite.com and ...
Real estate exec champions homeownership in DC Council run
Real estate professional Marcus Goodwin has emerged as one of five challengers in the race for the at-large Democratic Washington D.C. Council seat currently occupied by well-respected five-year incumbent Anita Bonds. The 28-year-old is a first time ...
Inside Real Estate acquires real estate software company Circlepix
Real estate software company Inside Real Estate today announced the acquisition of Circlepix, a real estate listing software provider whose suite of products includes PixMarketing and PixSocial. In 2016, Inside Real Estate merged with real estate ...
Real Estate Newsmakers
Bold Moves Real Estate is excited to announce that Gysell Diaz has joined the Bold Moves Real Estate team. “Having lived in New England all her life, Gysell has extensive knowledge of the cities and towns of Massachusetts and Rhode Island,” a press ...
Real estate briefs - Houston Chronicle
Transwestern announced several leases in the North Houston (Greenspoint) submarket in 2017: Hunting Energy Services, 62,137 square feet at 16825 Northchase Drive; Vinmar, 37,671 square feet at 16825 Northchase Drive; Our Lady of the Lake, 20,000 square ...
Southwest Florida real estate briefs
Naples' top real estate professionals are holding a free public seminar to help homebuyers and sellers avoid making common but harmful mistakes. According to local Realtor Jim York, who will be one of the professionals at the seminar, there are five ...
Is the Super Bowl a win for local real estate?
Besides being one of America's most-watched broadcasts in history, The Super Bowl casts far-reaching implications beyond what actually happens on the football field. Businesses in Minneapolis -- this year's host city -- will be packed to the brim with ...
Epic Palm Beach divorce starts Monday; will divide real estate empire
Her decision, supported by the couple's three adult children, put in play the $500 million-plus real estate fortune the Palm Beach couple began building in the 1950s from their kitchen table in Brooklyn, N.Y. Besides the Palm Beach shops, their real ...
Real estate coaches can boost agents' confidence, steel their focus
By contrast, consultants who coach real estate associates on how to succeed in the home-buying and -selling business forego prodding agents through months of practice or making them study reams of plays to engage at the right time on a myriad of ...
Real estate transfers for Feb. 4, 2018
Grisso, Emma Lou and Helen H. Eller Estate to KAT Properties LLC, 1010 Piedmont St. S.E. Roanoke VA 24014, $65,000 01/17/2018. Lopez, Maria D. to Marco Tulio Aguilar and Neyda L. Gonzalez Cantarero, 4221 Palmer Ave. N.E. Roanoke VA 24019, $76,400 01/19 ...
Real estate records, 02/04/18
Hranac, Joanne H Revocable Living Trust to Olberding, Brad A & Jaclyn E, 4140 S 59 St.reet Ct, $610,000. Intermill, Mark & Nancy L to Aleister Properties LLC, 4010 B St., $205,000. Iowa Commercial Properties LLC to Nguyen, Phong T, 2220 Sw 18 St., $108 ...
Residential real estate transfers, Feb. 4
Monico, Chuck and Marlo to Bargman, Tracy J., 4378 Mason St., $137,750. Carlton, Judy A. to Weander, Nicholas, 3925 Castelar St., $168,000. Steward, Matthew K. and Adrianne L. to Leal, Joshua, 3615 Valley St., $130,000. Mancuso, Michael J. and Jeannene ...
Positive trends observed in local real estate
Memmer has been in real estate for nearly four decades. He likes the way the market is shaping up, both in the immediate term and for the future. “Our inventory is shrinking and our prospects for the future are phenomenal,” Memmer said. Memmer said the ...
Erie County Real Estate Transactions
Following are real estate transactions over $5,000 as listed in records of the Erie County clerk's office for the week ending Dec. 29, 2017. ALDEN • 11691 Buckwheat Road, Patrick A. Zon to Christopher M. Klubek; Jeremy M. Will, $123,000. • 13141 ...
In Columbia, downtown real estate boom takes a pause as city ...
In Columbia, downtown real estate boom takes a pause as city ...
Market Watch 2018: Real estate is acting a little weird
Grimes pointed out that the region's real estate market recently has largely escaped major positive headlines nationally because this market is not growing at a crazy pace. “The national media loves to report something exciting and our market is ...
Not your average real estate broker
Metro Brokers of Oklahoma was founded a decade ago by a group of realtors who wanted to bring a different set of values to real estate. Apparently, their vision to combine broker autonomy with high ethical standards has paid off. According to a ranking ...
Yellen Says Prices `High' for Stocks, Commercial Real Estate
Outgoing Federal Reserve Chair Janet Yellen said U.S. stocks and commercial real estate prices are elevated but stopped short of saying those markets are in a bubble. Janet Yellen. Photographer: Andrew Harrer/Bloomberg. “Well, I don't want to say too ...
Real Estate Co. grows with Dickinson
As with most areas in Dickinson, the Real Estate Co. prospered during the oil boom after 2012, saw a slight decline after, and is now seeing growth again. "The last couple of years have been a little tougher after the oil went down, '16 and '17 were ...
17 things we learned from real estate photographers
When making a house look enticing photographers have to pay attention to everything from the big things (lighting, furniture, mood) to the little details — when was the last time you saw the cord of a blind in a professional real estate photo? "It's ...
Is the traditional real estate model dying a slow death?
Pete Flint, one of the co-founders of Trulia, and Robert Refkin, the CEO of Compass, predict that the traditional real estate model will die. I disagree -- the traditional real estate model is alive and well at many of the big companies, but more ...
3 steps to avoid bad marketing advice in real estate
In a recent social media interaction, I was completely alarmed at some of the ideas floating around our industry. More than any other time in history, we, as real estate agents, have to be careful about the advice we are taking. An agent in this ...
10 hidden Facebook features all real estate agents should know
We've scoured the social media guides, tracked down the experts and sifted through the flashy add-ons to bring you the top 10 hidden Facebook features, tips and tricks every real estate agent should know going into 2018. Without further ado, we'll get ...
Janet Yellen calls stock market, real estate valuations 'high' in last interview before exit as Fed chief
In addition to elevated equity prices, Yellen also said commercial real estate is "quite high" compared with rents. "Now, is that a bubble or is too high? And there it's very hard to tell. But it is a source of some concern that asset valuations are so ...
Here's how much a real estate attorney can expect to make in South Florida
From the winter issue: Over the last five years, demand for real estate attorneys has picked up, as have starting salaries. The Real Deal spoke with industry veterans and dug into public records to get a sense of wages earned. With commission-based ...