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Saturday, July 21, 2018

Summer heat: Denver residential real estate market stays hot - Denver Business Journal

Summer heat: Denver residential real estate market stays hot - Denver Business Journal: Scant inventory is keeping the Denver residential real estate market red hot.

Denver homes continue to sell extremely quickly and there are a lot fewer homes for sale now compared with a year ago.

Friday, July 20, 2018

Are Dallas commercial real estate owners paying their fair share? | Commentary | Dallas News

Are Dallas commercial real estate owners paying their fair share? | Commentary | Dallas News: In a recent editorial concerning the Dallas City Council's passage of the Park Land Dedication Ordinance, Dallas Morning News editors stated: "The reluctance among some in the real estate community to support the proposal for the new fees and set-asides comes from a reasonable place."

Wednesday, July 18, 2018

The Biggest Challenges In Real Estate Today

The Biggest Challenges In Real Estate Today: Windermere Real Estate Chief Economist Matthew Gardner discusses how to advise clients in an unpredictable market

Tuesday, July 17, 2018

Why Las Vegas Luxury Real Estate Is The Next Big Market Boom

Why Las Vegas Luxury Real Estate Is The Next Big Market Boom: When I first came to Las Vegas, I was immediately enthralled by its dazzling nature — not only because of its attractions�but also of the features and amenities that define standard living here. It’s safe to say that Las Vegas is one of the finest cities in the world.

Nevertheless, even the finest city isn’t safe from dreary economic failure. Who would forget the Great Recession in 2008? Even the largest cities were then inches away from complete downfall. In Las Vegas, jobs and the massive inventory of on-sale properties were gone, and foreclosures of homes were rampant.

Sunday, July 15, 2018

eXp Realty's virtual island is an extravagant office campus for 8,000 employees - Business Insider

eXp Realty's virtual island is an extravagant office campus for 8,000 employees - Business Insider: If you've ever wondered what the next phase of working remotely could be like, look no further than eXp Realty.

In most respects, eXp is your typical real estate brokerage company. It employs thousands of licensed agents to help clients buy and sell their homes. And business seems to be good: eXp's stock price has almost quadrupled since this time last year, giving it a market cap of over $610 million.

Friday, July 13, 2018

Real estate briefs: CustomSpace brings industrial coworking to Texas - Houston Chronicle

Real estate briefs: CustomSpace brings industrial coworking to Texas - Houston Chronicle: CustomSpace, a provider of coworking space to industrial and office tenants, has leased 113,152 square feet in Central City Industrial Park at 5301 Polk Street, Building 14, for its first Texas location. Barkley Peschel and Mike Davis with Colliers International and Trey Erwin with Lee & Associates represented the tenant. The company provides warehousing, storage and office space to tenants seeking between 250 and 10,000 square feet.

Steve Case’s VC Firm Moves Into Direct Real Estate Investing

Steve Case’s VC Firm Moves Into Direct Real Estate Investing: Steve Case’s Revolution LLC hired real estate investors Starling Cousley and Clint Myers to develop properties for startups in U.S. regions overlooked as potential tech hubs.

Cousley and Myers will join the venture capital firm as partners and take advantage of new tax incentives for investing in “opportunity zones,” according to a statement released Thursday. These are lower-income areas eligible for a range of benefits, including one that exempts investors from paying income taxes on capital gains.

Thursday, July 12, 2018

13 Tips For Finding The Best Real Estate Agent For Your Housing Needs

13 Tips For Finding The Best Real Estate Agent For Your Housing Needs: With the number of jobs in real estate expected to continuously grow by 6% through 2026, according to the U.S. Bureau of Labor Statistics, the competition for agents is and will remain strong. This can make it a challenge for a homebuyer or seller to find the right real estate agent to work with.

Friday, July 06, 2018

Seattle real estate market inventory rises—finally - Curbed Seattle

Seattle real estate market inventory rises—finally - Curbed Seattle: The short version of the story of the past while in Seattle real estate is not just high prices, but extremely low inventory. Fortunately, at least one thing that’s making things harder for buyers and agents alike seems to be changing, according to the latest numbers from the Northwest Multiple Listing Service (NWMLS): The city ended June with more than a month of inventory for the first time since September 2016.

Tuesday, July 03, 2018

Manhattan real estate has worst second quarter since financial crisis

Manhattan real estate has worst second quarter since financial crisis: Manhattan real estate had its worst second quarter since the financial crisis, with prices and sales dropping and inventory rising, according to a new report.

Monday, July 02, 2018

Online rivals upset UK real estate agents

Online rivals upset UK real estate agents: Press AssociationJULY 2, 201811:35AM
More than 150 British real estate agents have gone broke in the last year as pressure from online rivals continues to bite, a new study has found.

The figure is only five more than the year before but thousands of real estate agents in the UK are showing signs of financial stress, accountancy firm Moore Stephens said.

The pressure is being felt by both large and small agents as they deal with higher operating costs than competitors trading purely online, the report said.

Sunday, July 01, 2018

Cushman & Wakefield’s IPO: Here are 5 things to know - MarketWatch

Cushman & Wakefield’s IPO: Here are 5 things to know - MarketWatch: Cushman & Wakefield, a giant real-estate services firm, has filed for an initial public offering, it said in June, citing its past record of success, broad footprint, and the “growing” industry in which it operates.

Thursday, June 28, 2018

While investing in real estate, beware rules of thumb | The Business Times

While investing in real estate, beware rules of thumb | The Business Times: “I’m looking for a solid single-tenant, NNN investment property at a 10 cap.”� “You know what they say, location, location, location.”� “Buy and hold.� There’s never a good reason to sell.”� “I buy only in the foreclosure market. That’s where the deals are.”� “If you don’t have 35 percent down, don’t buy investment real estate.”

Tuesday, June 26, 2018

Does Hurricane Damage Negatively Impact Your Real Estate Value?

Does Hurricane Damage Negatively Impact Your Real Estate Value?: June 1 officially marked the beginning of hurricane season for 2018. The forecast for this year, according to Colorado State University, will be 14 named storms, six hurricanes, and two major hurricanes. After the devastating hurricane season last year, with over $282 billion in damages, homeowners are considering the consequences of owning real estate on the Atlantic Ocean.

Monday, June 25, 2018

Big data and real estate: New systems save time and money | Mortgage Rates, Mortgage News and Strategy : The Mortgage Reports

Big data and real estate: New systems save time and money | Mortgage Rates, Mortgage News and Strategy : The Mortgage Reports: Big data and real estate are coming together with electronic speed. The house you buy, your mortgage financing, and the broker with whom you buy or sell are increasingly tied together with artificial intelligence (AI), a new technology which is changing the real estate marketplace.

12 Client Relationship Tips That Will Help Your Real Estate Business Flourish

12 Client Relationship Tips That Will Help Your Real Estate Business Flourish: No matter how much technology is available to automate and streamline certain business processes, every industry, at its core, must focus on satisfying human beings. This is especially true in a field like real estate, where customer relationships can make or break a sale — and ultimately, a career.

Sunday, June 24, 2018

RUDD: A way to put your trust in real estate - News - Sarasota Herald-Tribune - Sarasota, FL

RUDD: A way to put your trust in real estate - News - Sarasota Herald-Tribune - Sarasota, FL: There is no question that real estate investment trusts, known as REITs, have been in and out of favor of late. Should you consider investing in one? Warren Buffett would say yes.

A year ago, the National Indemnity Co., a subsidiary of Buffett’s Berkshire Hathaway, invested $377 million in a REIT called Store Capital (STOR), representing a 9.8 percent stake. Store issued 18.6 million shares in a private placement to National Indemnity, at $20.25 per share.

Can My Neighbors Really Park Cars on Their Lawns? - The New York Times

Can My Neighbors Really Park Cars on Their Lawns? - The New York Times

Saturday, June 23, 2018

Real estate tech companies - San Antonio Express-News

Real estate tech companies - San Antonio Express-News: Tammy Anderson wanted to sell her North Side home so her family could move somewhere with more space, but she had a problem: What would she do with her three dogs when potential buyers came for a tour?

“It was absolutely daunting to figure out what to do with the dogs between every showing, and we both work full-time, so trying to keep the house in a showable state — we just didn’t think we could do it,” Anderson said.

Friday, June 22, 2018

The 4 Best Real Estate Mutual Funds for Income Investors | InvestorPlace

The 4 Best Real Estate Mutual Funds for Income Investors | InvestorPlace: These are trying times for investors holding real estate equities and real estate mutual funds. Real estate has one of the smallest sector weights in the S&P 500, but it is also one of its worst offenders this year.

Some real estate mutual funds have been hampered by large allocations to retail estate investment trusts (REITs), one of the most vulnerable corners of the broader real estate universe. Many traditional brick-and-mortar retailers are struggling. Some are going out of business, while others are rapidly closing locations, pinching REITs that own malls and other retail space.

Additionally, the real estate sector is historically inversely correlated to rising interest rates. The Federal Reserve has boosted interest rates five times since the start of 2017, including twice this year. Some bond market observers believe there are two more rate hikes in store before the end of 2018.

Wednesday, June 20, 2018

$40 Million Fund Launched for Real Estate Startups, Tech | Los Angeles Business Journal

$40 Million Fund Launched for Real Estate Startups, Tech | Los Angeles Business Journal: New York-based real estate venture capital firm MetaProp has launched a $40 million fund that has attracted CBRE Group Inc., RXR Realty and Cushman & Wakefield.

MetaProp II is a venture capital fund that invests in early-stage real estate and real estate technology-related firms. The fund closed on June 13.

The new fund reportedly is expected to invest in real estate technology such as 3-D printing, augmented reality, co-working, blockchain among others.

Hot real estate markets to cool in 2020, experts predict – Orange County Register

Hot real estate markets to cool in 2020, experts predict – Orange County Register: Homebuilder James Boyd has no trouble selling the homes he builds. The difficulty is getting them built in the first place.

High lumber costs, regulatory restrictions and a construction worker shortage continue to plague housing developers like Boyd, the Orange County-based president of Toll Brothers’ operations in California and Nevada.