"Real Estate Market & Property News / Investment News"
Sun, 29 Nov 2015 18:07:59 +0000
Sales of new single-family houses in October 2015 were at a seasonally adjusted annual rate of 495,000, according to estimates released jointly recently by the U.S. Department of Housing and Urban Development (HUD) and the Census Bureau. This is 10.7 percent (±17.7%)* above the revised September rate of 447,000 and is 4.9 percent (±17.6%) above […]
Sat, 28 Nov 2015 05:03:38 +0000
Whether triggered by market changes, competition, mergers, or an outdated image, every branding strategy needs periodic updates to keep pace with the latest and greatest in the industry. As a REALTOR®, you are your brand. You promote and market your real estate services on everything from business cards to open house signs, but your brand, […]
Thu, 26 Nov 2015 21:05:43 +0000
Home prices continued their rise across the country over the last 12 months, with yet another increase in September, according to recently released S&P/Case-Shiller Home Price Indices. Covering all nine U.S. census divisions, the S&P/Case-Shiller U.S. National Home Price Index recorded a slightly higher year-over-year gain with a 4.9 percent [...]
Wed, 25 Nov 2015 12:43:25 EST
While most department stores set their own hours, the small shops that line mall hallways tend to follow the lead of their landlords, which take their cues from chains like J.C. Penney and Macy’s.
Tue, 24 Nov 2015 20:54:11 +0000
I am a first generation Mexican American. My parents came to the U.S. in the 50s and technology (or lack thereof) kept them from staying in close contact with their loved ones back home. Without Internet, cable, cell phones, or FaceTime, they had no choice but to assimilate into their new environment. However, they managed […]
Mon, 23 Nov 2015 21:24:06 +0000
In an industry that’s constantly changing and evolving, building a sustainable brokerage business that can withstand market fluctuations is not only a challenging proposition, but one that can’t be taken lightly. As the industry continues to strengthen on a daily basis, it’s more important than ever that brokerage leaders take the time to set their [...]
Sun, 22 Nov 2015 18:07:46 +0000
If you believe that – and if you are willing to put the recipe to the test – 2016 may just turn out to be your best year yet in real estate. “While we are still in the midst of recovery from the downturn, there is definite strengthening in the market,” observes Sherry Chris, president […]
Sun, 22 Nov 2015 18:06:09 +0000
Group, Inc., owner of Apartments.com, recently announced an agreement to exclusively power the apartment community listings on the websites owned and operated by News Corp subsidiary Move, Inc.—realtor.com®, Move.com, and Doorsteps.com—with advertiser content from Apartments.com and ApartmentFinder.com. The Apartments.com apartment community listing [...]
Sat, 21 Nov 2015 05:04:03 +0000
During the prolonged housing downturn, green homes provided support to the ailing residential market and now promise to be an important element of the recovering market as well, according to a new study conducted by Dodge Data & Analytics, in partnership with the National Association of Home Builders (NAHB) and with the support of Ply […]
Thu, 19 Nov 2015 14:56:57 EST
Some wobbly retailers are heading into the holiday shopping season with their fates hanging in the balance. Landlords are watching with a mix of concern and anticipation about potential store closings. The bright side: New tenants can mean higher rents.
Thu, 19 Nov 2015 21:16:53 +0000
We’ve reached that time again—the end of another year. As we close this chapter and open the next, now is the perfect time to make resolutions and plan for the year ahead. For those in the real estate game, one key area of focus should be innovative marketing. As you plan your marketing objectives for […]
Wed, 18 Nov 2015 21:06:35 +0000
“Be yourself.” Easier said than done, for many of us. With personal and professional lines so often blurred in real estate, most industry professionals would find themselves confounded by the notion of an authentic self. And as more experiences are filtered through social media, presenting that self online, just as critical as bona fide in […]
Tue, 17 Nov 2015 20:00:46 EST
What do you do when a hot property-market has driven bricklayer salaries to nearly $100,000 a year in Australian cities like Sydney? Call in the robots.
Tue, 17 Nov 2015 21:50:27 EST
A roundup of real-estate news in the tri-state region
Tue, 17 Nov 2015 18:12:06 EST
Billionaire George Soros’s investment firm has agreed to spend up to $300 million on an Argentine hotel company’s Latin America expansion, a vote of confidence in the region.
Tue, 17 Nov 2015 20:57:55 +0000
There are many signs of strength in the real estate market driving consumers today and looking ahead to 2016, the National Association of REALTORS® aims to maintain the momentum by staying focused on legislation and preserving key tax provisions that will continue supporting its consumers, said 2016 NAR President Tom Salomone in his Presidential Agenda [...]
Mon, 16 Nov 2015 21:07:30 +0000
Tom Salomone has seen a lot in his 40-plus years in the real estate industry…lots of markets, lots of trends, lots of regulations. But the one factor that has remained constant throughout is the power of the relationship. Already off to a productive start, Salomone is committed to affecting positive change during his 2016 term […]
Sun, 15 Nov 2015 21:00:13 +0000
Over the past several years, RISMedia has honored many industry icons for their important contributions to the real estate industry during its annual Power Broker Dinner. This past Friday, RISMedia and its award sponsors inducted six more executive leaders into its elite group of honorees during the 20th anniversary of the Power Broker event held […]
Wed, 11 Nov 2015 20:00:28 +0000
Foreclosure inventory declined by 24.3 percent and completed foreclosures declined by 17.6 percent compared with September 2014, according to the recently released CoreLogic® September 2015 National Foreclosure Report. The number of foreclosures nationwide decreased year over year from 67,000 in September 2014 to 55,000 in September 2015. The number [...]
Tue, 10 Nov 2015 21:44:16 +0000
No one knows exactly how much the real estate industry spends on lead generation as a whole. We do know that agents and brokers are spending over $100 million a year on marketing lead generation programs provided by the Zillow Group alone. But industry studies show that for every 100 leads, the average closed transactions […]
Mon, 09 Nov 2015 20:42:24 +0000
The Internet has been called the “leveler of the playing field,” offering opportunities for local businesses to gain prominence in search results. In the real estate space, many of the top spots are dominated by portals who have the expertise, resources and consumer recognition to outperform local agents and brokerages. The biggest players in the […]
Sun, 08 Nov 2015 18:06:34 +0000
In a true demonstration of global fortitude and opportunity, approximately 150 real estate professionals from 19 countries gathered in Berlin, Germany Oct. 11 – 13 for the 2015 International Symposium of Leading Real Estate Companies of the World® and Luxury Portfolio International®. “Each year, we choose a dynamic city where some of the most [...]
Sat, 07 Nov 2015 05:03:37 +0000
The share of first-time buyers declined for the third consecutive year and remained at its lowest point in nearly three decades as the overall strengthening pace of home sales over the past year was driven more by repeat buyers with dual incomes, according to an annual survey released this week by the National Association of […]
Fri, 06 Nov 2015 02:34:53 EST
In Los Angeles, an abode that has housed generations of Hollywood legends can be the ultimate status symbol, but there are complications when it is time to sell.
Thu, 05 Nov 2015 21:27:42 +0000
If you’re in the real estate game, you always want to do better than the previous year. Now, you can increase your business in 2016 by following some savvy planning tips from master trainer and coach Tom Ferry. During the latest Secrets of Top Selling Agents Webinar—“Key Trends & Business Planning Tips for 2016”—Ferry identified […]
Wed, 04 Nov 2015 21:39:47 +0000
For today’s real estate pros, business comes from a wide variety of places. For those not maximizing leads from the Web, a lot of prospective clients—and money—could be left on the table. For Galand Haas, operating principal of Keller Williams Realty Eugene and Springfield in Oregon, and Lane Hornung, CEO and founder of 8z Real […]
Tue, 03 Nov 2015 20:27:46 +0000
As leaders, we expect our teams to buy into the vision and goals we’ve set for our business. We want them to not only commit to their roles, but also commit to improving themselves and the company, as well. But what about us? Do we demand the same from ourselves? Teams expect their leaders to […]
Sun, 25 Oct 2015 21:23:41 EDT
Rokitt’s augmented-reality technology helps architects and residents see a skyline’s potential.
Mon, 26 Oct 2015 12:55:28 EDT
Increasingly, developers use a wide range of splashy affairs to promote luxury residential real-estate sales in autumn, the most important sales period after spring.
Mon, 26 Oct 2015 13:29:14 EDT
Microsoft will step onto one of the world’s biggest retail stages Monday when it opens its Fifth Avenue store in Manhattan as part of its strategy to boost direct contact with consumers.
Mon, 12 Oct 2015 20:01:02 +0000
Cartus Corporation recently announced that it has expanded its strategic alliance with Learnship, an innovative provider of online language training based in Germany with clients worldwide. Together, Learnship and Cartus are helping transform the way companies offer language training and how their employees access it worldwide. This strategic alliance [...]
Wed, 16 Sep 2015 00:07:44 EDT
Projects by schools, hospitals and others more than tripled in the first half of this year compared with a year earlier.
Wed, 29 Jul 2015 21:06:57 +0000
After five consecutive months of increases, pending home sales slipped in June but remained near May’s level, which was the highest in over nine years, according to the National Association of REALTORS®. Modest gains in the Northeast and West were offset by larger declines in the Midwest and South. The Pending Home Sales Index, a forward-looking [...]
Fri, 24 Jul 2015 02:33:57 EDT
Once dismissed as cheap and ugly, cork is becoming cool as top designers create pieces that are not only sustainable, but covetable.
Mon, 20 Jul 2015 02:33:16 EDT
The city Landmarks Preservation Commission is scheduled to hold a hearing Tuesday on designating the Stonewall Inn as an individual landmark for its pivotal role in New York City’s social history.
Thu, 09 Jul 2015 20:26:29 +0000
When properly executed, open houses can be one of the best marketing tactics in real estate, not only for listings, but also for agents’ personal branding. However, their usefulness is often a polarizing topic; some find power and practicality in open houses, while others are doubtful of their value. RISMedia wants to know: Are open […]
Fri, 03 Jul 2015 02:34:10 EDT
Take a tour of these classic residences, including Modernist designer Eileen Gray’s 1929 villa, now open to the public after years of restoration.
Sun, 28 Jun 2015 20:20:55 +0000
Consumers are hungry for information, and the Internet gives them unprecedented access to all kinds of it with a few clicks. When it comes to searching for a new home, buyers want as much data as possible to help them make informed choices. And sellers want to quickly find market trends and activity to make […]
Fri, 26 Jun 2015 02:35:21 EDT
Collectors are tuning into radios designed by Charles and Ray Eames—a more accessible way to own an original by the midcentury masters.
Wed, 17 Jun 2015 18:26:41 EDT
In a sign of the changing beverage market, a longtime plant and distribution facility of juice maker Ocean Spray Cranberries Inc. will soon be home to the company Bai Brands, which produces drinks made from the coffee fruit.
Tue, 16 Jun 2015 12:32:22 EDT
New York City’s rent regulations expired at midnight Monday as Albany lawmakers couldn’t agree on how to renew a law that afforded protection to more than two million people.
Sat, 13 Jun 2015 02:33:33 EDT
A slew of innovative app-based services help New Yorkers instantly book short stints at the smallest of city spaces—a bathroom, a living room, an office. Need a pit stop? Try Airpnp.
Sat, 13 Jun 2015 02:33:45 EDT
Even if you aren’t ready for Marie Kondo’s life-changing magic, you can still embrace the beauty of simplicity by investing in items that are functional and stylish.
Sat, 13 Jun 2015 02:32:34 EDT
The affluent New Jersey community, population 10,600, is about 25 miles from Manhattan. Residents are drawn by its well-regarded public schools, relatively low property taxes and bucolic atmosphere.
Thu, 11 Jun 2015 02:34:29 EDT
This luxury period-style home on more than 50,000 square feet of land has a national park out the back door and is just a 90-minute drive from Sydney.
Fri, 05 Jun 2015 02:33:05 EDT
Choose the perfect vase to display those long-awaited spring flowers at their best.
Wed, 20 May 2015 22:46:21 EDT
A study by the advocacy group LiveOn NY has identified 39 parking lots in the five boroughs that it says are underused and would be better used as housing for seniors.
Wed, 20 May 2015 22:28:15 EDT
The Kroeses are selling their waterside home in Westbrook, Conn., designed to complement lives spent largely on sailboats. The nautically themed home is on the market for $1.975 million.
Sun, 17 May 2015 22:12:04 EDT
A round-up of commercial real-estate news in the Greater New York region.
Sun, 17 May 2015 22:06:50 EDT
With a new Chelsea condominium that’s 80% sold, Scott Resnick shows he’s up to the challenge of developing residential projects on his own.
Sat, 16 May 2015 02:34:06 EDT
A. Alfred Taubman, the self-made billionaire who cemented the enclosed shopping mall into American culture has died. He was 91.
Fri, 15 May 2015 02:35:01 EDT
A creative director crafts a San Francisco home dedicated to daring, whimsy and fun.
Fri, 15 May 2015 02:33:22 EDT
Buyers value new, highly personalized houses—forget resales. This model has one happy side-effect: a flourishing of some of the world’s most wonderfully bizarre architecture.
Fri, 15 May 2015 02:33:06 EDT
Known as “Gemini,” the nearly 16-acre estate south of Palm Beach is one of the highest priced listings in the country
Fri, 15 May 2015 02:32:25 EDT
The “Austin Powers” creator purchased the 4,200-square-foot penthouse in Soho for roughly $7.9 million in 2007
Thu, 14 May 2015 02:32:29 EDT
Anyone inspired to donate their home to charity should know that the tax rules are complicated.
Thu, 14 May 2015 02:32:33 EDT
Under construction, the apartment has the highest asking price in the city.
Thu, 14 May 2015 02:33:32 EDT
The actress/dancer was a tomboy who grew up in a lively Washington, D.C., home.
Wed, 13 May 2015 02:33:35 EDT
An analysis of home listings over a two-month period identifies San Jose, Calif., as the place where home buyers need to act quickly.
Wed, 13 May 2015 02:32:23 EDT
A look inside the $85,000 closet renovation of a California doctor.
Sun, 10 May 2015 17:06:29 +0000
Geoff Lewis, RE/MAX Executive Vice President and Chief Legal Officer has been named President upon the announcement that Vinnie Tracey plans to retire. Tracey assumes the title of President Emeritus until his retirement after the August Broker/Owner convention. Lewis led the RE/MAX Legal Department since joining the company in 2004 as Senior Vice [...]
Fri, 08 May 2015 02:33:59 EDT
Spain’s second city is luring new home buyers who like the city-and-surf lifestyle of the coastal metropolis.
Fri, 08 May 2015 02:33:10 EDT
The 98-acre property in Mount Kisco, N.Y. was once owned by showman Billy Rose
Fri, 08 May 2015 02:33:53 EDT
There are rare deals in glittering Cap d’Antibes, the onetime party spot of F. Scott and Zelda Fitzgerald.
Thu, 07 May 2015 02:32:26 EDT
Homes with a special feature that is no longer allowed under local building rules may give owners an edge when it’s time to sell.
Sun, 19 Apr 2015 22:18:53 EDT
A. Mitti Liebersohn has left his longtime brokerage team at JLL to join Avison Young’s New York office.
Sun, 19 Apr 2015 22:21:49 EDT
A roundup of real-estate news in the Greater New York area.
Wed, 15 Apr 2015 21:43:30 EDT
The Federal Housing Finance Agency is set to direct Fannie Mae and Freddie Mac to reduce mortgage fees on some borrowers.
Thu, 09 Apr 2015 13:48:25 EDT
Many who lost their homes during the early part of the financial crisis are rebounding after credit-penalty phase.
Wed, 18 Feb 2015 21:31:30 +0000
Those using low down payment plans dropped last year, according to recently released news from RealtyTrac, who analyzed the size of down payments on nearly 20 million purchase loans for single family homes and condos nationwide from 2004 through 2014. Results show that in 2014 the share of buyers putting down 3 percent or less […]
Wed, 28 Jan 2015 22:44:17 +0000
NAR Broker Tip of the Month—In a speech to the Federal Trade Commission on Monday, January 12, President Obama unveiled new proposals to address how consumers’ personal data is handled. Among his proposals included “The Personal Data Notification & Protection Act” which clarifies and strengthens the obligations businesses have to notify [...]
Wed, 21 Jan 2015 21:05:26 +0000
A recently released study done by the Consumer Financial Protection Bureau (CFPB) found nearly half of Americans looking to purchase a home do not do their due diligence by shopping around for mortgage lenders. Rather, the survey found potential borrowers seriously consider only one lender, and that lender is often someone they’re already working [...]
Tue, 20 Jan 2015 21:47:31 +0000
HomeServices of America, a Berkshire Hathaway affiliate, announced Tuesday the consolidation of Berkshire Hathaway HomeServices Northwest Real Estate (based in Seattle, WA) and Berkshire Hathaway HomeServices Northwest Real Estate (based in Portland, OR), creating a regional Pacific Northwest brokerage. Jason Waugh, current president and CEO of Berkshire [...]
Mon, 19 Jan 2015 21:05:22 +0000
An interesting new paper published by economists at the Federal Reserve Bank of New York demonstrates the important role downpayment and wealth constraints play in shaping housing demand, particularly for lower-income homebuyers. Using survey data, the authors (Andreas Fuster and Basit Zafar) employ a strategy to measure housing demand impacts that [...]
Sat, 17 Jan 2015 05:00:54 +0000
Compare your monthly expenses to those of your grandparents (maybe even your parents), and you’ll probably find that your expense list is quite a bit longer. Over the decades, more and more conveniences, habits, and gadgets have found their way into our everyday lives. And gradually we’ve accepted them as normal, even necessary. (For instance, […]
Thu, 08 Jan 2015 20:08:37 +0000
There’s more news to report this week on the ongoing battle among the real estate search giants. Zillow disclosed this week in an SEC filing that its listing agreement with Listhub will end on April 7. In the filing, filed Jan. 6, Zillow revealed it will not renew its four-year listing data share agreement with […]
Wed, 17 Dec 2014 22:41:58 +0000
News Corp announced Wednesday that Ryan O’Hara will become Chief Executive Officer of Move, effective January 5, 2015. O’Hara will replace CEO Steven Berkowitz, who has led the company since January 2009. News Corp acquired Move, a leading provider of online real estate services, including realtor.com®, last month. “We are excited to have secured [...]
Mon, 08 Dec 2014 21:53:03 +0000
A few years ago, I wrote a post on Econsultancy detailing my escalating frustration with property websites and agents when looking for a place to live. So I was particularly pleased to hear about RentalRoost, a U.S. company aiming to disrupt the property market and place more power in the hands of the buyer. We […]
Tue, 02 Dec 2014 20:34:49 +0000
One factor holding back a stronger rebound in home construction has been the tight availability of acquisition, development and construction (AD&C) loans. However, the stock of residential AD&C loans outstanding has been on the rise, posting a 17 percent gain since the third quarter of 2013. According to data from the FDIC and NAHB analysis, [...]
Wed, 19 Nov 2014 21:27:52 +0000
Brad Korb, broker/owner of The Brad Korb Real Estate Group in Burbank, Calif., uses Zillow to stay on top in his local market. As both a Zillow Premier Agent and a Zillow Pro for Brokers partner, Korb’s agents benefit from immense exposure in the Burbank area and up-to-date, accurate listings. In the following interview, Korb […]
Mon, 03 Nov 2014 21:06:44 +0000
Despite an improving job market and low interest rates, the share of first-time buyers fell to its lowest point in nearly three decades and is preventing a healthier housing market from reaching its full potential, according to an annual survey released recently by the National Association of REALTORS®. The survey additionally found that an overwhelming [...]
Mon, 27 Oct 2014 14:30:20 +0000
Pending home sales rose slightly in September and are now above year-over-year levels for the first time in 11 months, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator based on contract signings, inched 0.3 percent to 105.0 in September from 104.7 in August, and is now 1.0 percent [...]
Wed, 22 Oct 2014 20:27:58 +0000
Kevin Kelleher, president and CEO of Cartus, addressed RISMedia’s Real Estate CEO Exchange in New York City on September 10, 2014. He has led Cartus throughout its growth and transformation from a predominantly U.S.-centric relocation firm into a global market leader in related HR and financial services. He spoke about corporate trends in employee [...]