Archives

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.
Covina SC

Hanley Investment Group Completes Sale of Two-Tenant Retail Property in Los Angeles County for...

Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm completed the sale of a two-tenant retail building occupied by Ross Dress For Less (dba dd’s Discounts) and Stars Gymnastics at 404-410 N. Azusa Avenue in Covina, California.

2.5 Million Homes, Businesses Totaling $1 Trillion Threatened by High Tide Flooding

Accelerating sea level rise in the lower 48 states, primarily driven by climate change, is projected to worsen tidal flooding, putting as many as 311,000 coastal homes with a collective market value of about $117.5 billion today at risk of chronic flooding within the next 30 years—the lifespan of a typical mortgage
Investment in Private Properties in 2018

Investment in Private Properties in 2018

The real estate developers and property experts based in Singapore have some good news after enduring a lackluster market for four years. But some of the investors are still doubtful about spending a lot in the private properties. The scenarios for buying a personal home or apartment in Singapore must be discussed for making a quintessential plan.
Habitat

Cotiviti launches national partnership with Habitat for Humanity to help build decent, affordable homes

Cotiviti announced today a new national partnership with Habitat for Humanity and will support the organization’s work in 2018. The partnership will engage hundreds of Cotiviti employees working alongside Habitat homeowners and community members in homebuilding and renovations, as well as volunteering at their local Habitat for Humanity ReStores, which are Habitat’s nonprofit home improvement stores and donation centers

May Housing Stats for DC and Montgomery County

GCAAR is pleased to update its market information through a partnership with ShowingTime RealEstate Business Intelligence (RBI). Monthly analysis of the Washington, DC and...
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Hanley Investment Group Arranges Sale of New Single-Tenant Starbucks in Los Angeles Near University...

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm has completed the sale of a new construction single-tenant corporate Starbucks with a drive-thru located in Los Angeles, less than one mile from the University of Southern California (USC) campus. The sale price of $3,538,000 represented a cap rate of 3.82 percent

Business Real Estate Press Releases

Natomas

CVS-Anchored Natomas Shopping Center in Sacramento Sells for $10.3 Million

Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm arranged the sale of Natomas Shopping Center in Sacramento, California, in an off-market transaction.

Recent Gov & Nonprofit Real Estate Press Releases

Modern Commercial Real Estate Marketing Practices Used Right Now

Whenever marketing commercial properties the marketers understand the fact that it is really important to build a lucrative and really long-lasting reputation. Modern promotion methods rely on much more than just advertising, mainly because of the fact that those interested in buying such properties are different than those buying homes.