Property, Rentals, Transactions

Property, Rentals, Transactions
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KTGY Architecture + Planning Earns Coveted Gold Nugget Honors for Exceptional Concepts in Design...

Judges for the 2018 Gold Nugget Awards have recognized international award-winning firm KTGY Architecture + Planning at its annual competition for the firm’s design of 13 different residential developments.

What Should Be Known About Blockchain Technology Use In Real Estate?

The real estate market is constantly evolving and the next step in evolution seems to be connected to blockchain technology as a growing number of companies are now developing solutions that can be used to leverage different parts of the market. Solutions are now being created for the benefits of real estate agents and clients. The problem is that the technology is not properly understood. With this in mind, here are some things everyone should be aware of.
NAR

Foreign Investment in U.S. Commercial Real Estate Remains Strong, China and Mexico Top Investors

Nearly one-fifth of Realtors® practicing in commercial real estate closed a sale with an international client in 2017, and 35 percent said they have experienced an increase in the number of international clients in the past five years, according to a report from the National Association of Realtors
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Hanley Investment Group Arranges Sale of Neighborhood Shopping Center in Rancho Cucamonga for $9.8...

Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, in conjunction with Voit Real Estate Services, announced today that the two firms completed the sale of RC Plaza, a neighborhood shopping center at the signalized intersection of Archibald Avenue and East Foothill Boulevard in Rancho Cucamonga, California. The purchase price was $9,795,000.

How much does your association CEO make?

The nation’s 70 largest Realtor organizations collected $672 million in revenue in 2016, and they paid their CEOs nearly $24 million. That’s according to Real Estate Broker’s Insider’s analysis of tax returns filed by national, state, and regional associations.

Zillow Accelerates Program for Buying and Selling Homes

In a long-anticipated move that has roiled the real estate industry and perplexed Wall Street, Zillow announced an ambitious expansion of its pilot program to buy and sell homes.
CoreLogic

CORELOGIC OFFERS TRESTLE DEFENDER TO PROTECT REAL ESTATE LISTINGS FROM THIRD-PARTY MISUSE

CoreLogic®(NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today announced at their annual real estate user group meeting in Colorado Springs the release of Trestle Defender™.

Results of Customary and Reasonable Appraisal Fee Survey Are Now Available

Findings from Illinois’ Customary and Reasonable Fee Survey are now available online, according to the Illinois Department of Financial and Professional Regulation (IDFPR). The voluntary survey of Illinois licensed real estate appraisers began in January with assistance from the Office of Real Estate Research at the University of Illinois at Urbana-Champaign.
NAR

National Association of Realtors® Event Examines State of Fannie, Freddie Reform

With America’s homeownership rate struggling to match falling unemployment and increasing consumer confidence, protecting the benefits of the secondary mortgage market remains critical to the health of the overall housing industry.
NAR

Realtors® Commend Supreme Court Decision Promoting Fairness Between Online, Main Street Businesses

The Supreme Court today announced its decision in the case of South Dakota v. Wayfair, Inc., holding that states have the right to require online sellers to collect and remit sales tax.

IS DALLAS UNSTOPPABLE? NEW HOME SALES STRONG THROUGHOUT TEXAS

New home sales in Texas last month were higher in all four of the state’s largest markets including Dallas-Ft. Worth, Houston, Austin, and San Antonio. But the Dallas-Ft. Worth market continues
NAR

HOME Survey: Housing and Economic Outlook Remains Steady in Second Quarter of 2018

New findings from the National Association of Realtors® show that a high number of Americans, 75 percent, believe that now is a good time to sell a house, while 68 percent think it is a good time to buy. That’s according to NAR’s second quarter Housing Opportunities and Market Experience (HOME) survey
NAR

Existing-Home Sales Backpedal, Decrease 0.4 Percent in May

Existing-home sales fell back for the second straight month in May, as only the Northeast region saw an uptick in activity, according to the National Association of Realtors. Total existing-home sales1, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, decreased 0.4 percent to a seasonally adjusted annual rate of 5.43 million in May from downwardly revised 5.45 million in April
NAR

NAR Applauds Rule Making Realtors® Eligible to Participate in Association Health Plans

The U.S Department of Labor today finalized its rule to expand the definition of “employer” to include “working owners,” allowing real estate professionals and other self-employed individuals to participate in association health plans. The ruling also makes AHPs available to independent contractors who are offered coverage through a spouse, the current source of coverage for roughly 40 percent of Realtors
CVS Portfolio

The Boulder Group Arranges Sale of Net Lease CVS Portfolio

The Boulder Group, a net leased investment brokerage firm, has completed the sale of two single tenant net leased CVS property locations in Ohio for $5,207,500. The Hartville location is strategically positioned at the signalized intersection of Maple Street and Kent Avenue. Maple Street is the primary east-west thoroughfare in the trade area.

Business Real Estate Press Releases

365 Connect Partners with Electric Girls to Provide Scholarships to Next...

365 Connect, a leading provider of award-winning marketing, leasing, and resident technology platforms for the multifamily housing industry, announced today that the company will provide scholarship grants for Electric Girls educational programs.

Recent Gov & Nonprofit Real Estate Press Releases

Appraisal Institute

Appraisal Institute Opposes Effort to Reduce Risk Management for SBA Loans

The nation’s largest professional association of real estate appraisers today announced its opposition to proposed federal legislation that would reduce the requirements for appraisals in major Small Business Administration loan programs.