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"Real Estate Market & Property News / Investment News"

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Sat, 22 Nov 2014 05:03:34 +0000

When Chris Polychron speaks to his fellow members of the National Association of REALTORS® (NAR), he sometimes turns his back to the audience and holds up a mirror in front of him. This is Polychron’s way of letting the membership know that he is one of them. And standing shoulder to shoulder with REALTORS® across […]

Fri, 21 Nov 2014 09:46:40 EST

In the Walker Tower building, the unit is over 6,500 square feet with five bedrooms and 5½-bathrooms

Thu, 20 Nov 2014 23:08:42 EST

In Austria’s ski country, an artist-builder uses compressed soil to create everything from stoves and flooring to entire homes

Fri, 21 Nov 2014 10:31:44 EST

The ruling by New York state’s highest court means that New Yorkers who live in rent-regulated apartments can file for bankruptcy without fear of losing their homes.

Thu, 20 Nov 2014 23:08:52 EST

Built at a cost of $2.4 billion, Revel made its boardwalk debut in 2012, but failed to turn a profit, filing its second Chapter 11 case in June.

Thu, 20 Nov 2014 19:54:13 EST

In a throwback to our pioneer days, we ask what it would take to heat a house with only wood as the fuel.

Fri, 21 Nov 2014 11:26:18 EST

After a day of skiing, visitors to the ritzy French hamlet of Courchevel 1850 can retire to their “super chalets” to enjoy a rubdown, gourmet meal and a movie in their underground theater.

Thu, 20 Nov 2014 17:17:23 EST

The large Tribeca penthouse in a luxury building features bright and open rooms, high ceilings and a terrace with Hudson River views.

Thu, 20 Nov 2014 23:41:33 +0000

So you’ve got a new lead—congrats! Now, all you need to do is build trust that will convert them into a lifetime, loyal client. Easy, right? Keep in mind that 88%* of homebuyers have stated that they start their search for a new home on the Internet, or at some point during their search, they […]

Thu, 20 Nov 2014 13:45:49 EST

Because of income requirements, retirees may have trouble qualifying for a jumbo mortgage. Advance planning can avert these issues.

Thu, 20 Nov 2014 13:12:22 EST

Real-estate agents believe it will likely be the priciest listing in the area.

Thu, 20 Nov 2014 14:57:16 EST

A DJ booth, an aquarium and a cigar room are among the features of these homes in Montana, Utah and Colorado.

Thu, 20 Nov 2014 18:40:08 EST

Billionaires are on a buying spree in New York, with sales of multimillion dollar properties up 120% so far this year, according to CityRealty. And the prices are expected to keep climbing next year.

Wed, 19 Nov 2014 23:05:13 EST

Caesars Entertainment has approached senior creditors about a plan to convert the casino company’s largest unit into a real-estate investment trust as it works to restructure $18.4 billion in debt.

Thu, 20 Nov 2014 14:15:51 EST

The Broadway performer grew up in Oklahoma singing church music and listening to Count Basie.

Thu, 20 Nov 2014 03:27:47 EST

A group of Chinese architects is rising in prominence, helping the country’s modern architecture develop its own identity

Thu, 20 Nov 2014 12:57:01 EST

The triplex of a wellness-themed building in New York’s Greenwich Village originally listed for $50 million

Thu, 20 Nov 2014 15:15:30 EST

Surrounded by landscaped gardens and woodland, the approximately 22,000 square-foot house has eight bedrooms and eight bathrooms

Thu, 20 Nov 2014 13:27:42 EST

When completed, the roughly 23,000-square-foot house will have eight bedrooms, 12 bathrooms and two powder rooms, plus staff quarters and a separate guesthouse

Wed, 19 Nov 2014 10:54:13 EST

A New York startup, ETRE Financial, plans to take individual buildings public.

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 […]

Tue, 18 Nov 2014 20:27:53 EST

A blue-chip roster of real-estate investors, financial firms, and even a Grammy-winning rap artist are angling to buy New York’s landmark Plaza Hotel, but the owner, India’s Sahara Group, has been playing hard to get.

Wed, 19 Nov 2014 11:09:12 EST

Office-building landlord Paramount Group Inc. raised $2.29 billion in its initial public offering Tuesday, becoming the largest-ever IPO by a U.S. real-estate investment trust and helping breathe life into an anemic year for new property stocks.

Wed, 19 Nov 2014 11:59:09 EST

Swire Properties’ “Climate Ribbon,” which uses nature to cool outdoor air, is starting to take form at a $1 billion development in Miami.

Wed, 19 Nov 2014 21:36:21 +0000

International investment in U.S. real estate could soar to new heights in 2015, thanks to the reciprocal U.S./China visa agreement that will issue five-year, multiple-entry visas to students and 10-year, multiple-entry visas to business travelers and tourists. The policy changes went into effect Nov. 12. Among other effects, the new visa agreement mitigates [...]

Wed, 19 Nov 2014 09:46:50 EST

Home builders are shelving plans for initial stock offerings after a flurry of deals earlier this year, as the housing market slows and share prices in the sector slump.

Tue, 18 Nov 2014 08:37:39 EST

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Tue, 18 Nov 2014 11:59:37 EST

Thousands of former homeowners have gotten blindsided by debt collectors coming after them for old foreclosure debt on homes that they haven't lived in for years.

Tue, 18 Nov 2014 08:05:11 EST

Out of 100 large metro areas, these five cities top the Milken's Institute's "Best Cities for Successful Aging" list based on access to health care, job opportunities, lifestyle factors and more.

Tue, 18 Nov 2014 09:25:08 EST

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Tue, 18 Nov 2014 21:39:30 +0000

The November NAHB/Wells Fargo Housing Market Index rose four points to a level of 58 as builders continue to see promise in home selling. This marks the fifth consecutive month for the index to remain above the tipping point of 50 after a slow beginning to the year. All three components rose with current sales […]

Mon, 17 Nov 2014 20:58:32 +0000

Perched atop one of the most prime Lincoln Center condominium buildings, this stunning penthouse offers a glimpse of what luxury truly means in New York City. Featuring unparalleled 360-degree views of Manhattan, this one-of-a-kind “townhouse in the sky” boasts three stories with separate entrances and 16 rooms. This luxurious, 10,100 square foot [...]

Sun, 16 Nov 2014 18:06:13 +0000

As the market continues to change and evolve, if you ask any real estate professional to name one thing that remains constant throughout, they’ll most likely point to the fact that real estate is a relationship business. And fostering viable relationships with consumers is what keeps them coming back. This was the main theme of […]

Fri, 14 Nov 2014 14:43:44 +0000

News Corp announced today that it has successfully completed its acquisition of Move, Inc., a deal that has been in the works since late September. News Corp, a massive media empire owned by Rupert Murdoch, acquired the leading online real estate business for $950 million, cash—the largest acquisition thus far for the company. “In partnership […]

Fri, 14 Nov 2014 15:42:59 EST

Across the nation, fewer homes could be afforded by a family earning the national median income.

Fri, 14 Nov 2014 14:26:48 EST

The home used in exterior shots of 'The Godfather' has been listed for sale at $2.9 million.

Thu, 13 Nov 2014 23:58:06 EST

Straddling the border separating California from Nevada, the property includes a seven-bedroom home, pier and putting green

Fri, 14 Nov 2014 17:21:09 EST

Home buyers who secretly purchase property for that special someone can expect lots of tears ... but of joy or of despair?

Thu, 13 Nov 2014 18:00:27 EST

Cleveland and other cities are destroying thousands of homes in an effort to save local neighborhoods from blight, crime and sinking home prices. In their place have come greenhouses, parks, even vineyards.

Thu, 13 Nov 2014 13:50:13 EST

The successful producer behind shows like “Soap” and “The Golden Girls” is selling a longtime retreat—a five-bedroom home on about 95 acres overlooking the Pacific

Wed, 12 Nov 2014 14:21:57 EST

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Wed, 12 Nov 2014 20:47:59 +0000

With the recent tragedy of Arkansas broker Beverly Carter still weighing heavily over the real estate community, a recent onslaught of mysterious, threatening phone calls made to several female Fall River, Massachusetts’ agents have continued to remind us that REALTOR® safety is an industry issue that needs ongoing attention. After the tragic [...]

Tue, 11 Nov 2014 11:31:02 EST

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Tue, 11 Nov 2014 22:00:46 +0000

On Monday, NAR Board of Directors voted on several key policy changes that will greatly impact the role of the REALTOR® when it comes to professionalism. The board approved four separate recommendations, all geared toward heightening professionalism across the board; The approved recommendations are: the implementation of a Code of Excellence (not [...]

Mon, 10 Nov 2014 22:28:02 +0000

REALTORS® from across the country gathered recently to discuss the effects changing homebuyer demographics have on the housing market during the REALTOR® University Richard J. Rosenthal Center for Real Estate Studies forum at the recent 2014 REALTORS® Conference & Expo. “Among primary residence homebuyers, the demographics have shifted dramatically, [...]

Sun, 09 Nov 2014 18:09:19 +0000

When buyers are looking to hire an agent, what tops their list of criteria? According to the National Association of REALTORS®’ Profile of Home Buyers and Sellers, not surprisingly, the answer is ‘honesty and integrity.’ And with statistics showing that over half of all business comes from either referrals or previous experience, good brokers [...]

Fri, 07 Nov 2014 13:20:49 EST

Great views and five-digit square footage just aren't enough anymore. Here's what buyers looking to shell out millions on their next home are looking for now.

Thu, 06 Nov 2014 21:22:59 +0000

Recently Google reported several positive house hunting trends including the news that Millennials are setting their sights on homeownership more so than other age groups. Now that the economy is recovering, younger buyers are more confident about their chances of achieving the American dream of homeownership. Below, presents four noteworthy [...]

Wed, 05 Nov 2014 21:09:25 +0000

The affordability of housing has been on the tip of everyone’s tongue as of late. With many things shifting in the industry, some experts talk about the lowering of required down payments. RealtyTrac recently analyzed affordability in512 U.S. counties with a combined population of 235 million, looking at the impact of lowering the down payment [...]

Wed, 05 Nov 2014 18:56:36 EST

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Tue, 04 Nov 2014 21:52:29 +0000

A previous blog post illustrated that U.S. house prices are recording a range of annual gains with some areas of the country rising faster than others. Similarly, in the context of the global economy, annual house price growth in the U.S. has been faster than some countries while lagging other countries. The International Monetary Fund’s […]

Tue, 04 Nov 2014 11:29:05 EST

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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, 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, 03 Nov 2014 05:00:29 +0000

Clear Capital recently released its Home Data Index™ (HDI) Market Report with data through October 2014, which looked at the way colleges and universities are having an effect on housing across the country. Metros with noteworthy university influence are at the top of their class, with home price trends far outperforming national rates of growth […]

Sat, 01 Nov 2014 04:04:21 +0000

Today’s “Ask the Expert” column features Cindy Fauth, Global Marketing Manager with the National Association of REALTORS®. Q: When it comes to working with international clients, what are some of the most common myths that need to be set straight? A: International business can seem like a daunting venture. Language, culture and differing [...]

Fri, 31 Oct 2014 15:24:43 EDT

Project Gregory is raising money on Kickstarter to fund a billboard home prototype in Slovakia.

Fri, 31 Oct 2014 15:18:52 EDT

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Thu, 30 Oct 2014 04:01:40 +0000

RealtyTrac® today released its Q3 2014 “Zombie” Foreclosure Report, which found that 117,298 homes actively in the foreclosure process had been vacated by the homeowners prior to a completed foreclosure, representing 18 percent of all active foreclosures. These vacant properties will likely end up as short sales, foreclosure auction sales or bank-owned [...]

Thu, 30 Oct 2014 20:17:56 +0000

Here’s a scary misconception about marketing—the louder you shout the more likely you’ll be heard.  In this age of information overload and the emergence of mobile and other digital trends, consumers are coming to market armed with knowledge they’ve gleaned from the palm of their hand.  Oftentimes, this education leads them to buy or sell [...]

Wed, 29 Oct 2014 19:12:43 EDT

In cities across the United States, millions of people will be kicked out of their homes this year. Some can't afford their soaring rent, others are getting evicted over minor violations by landlords eager to get higher paying tenants in place.

Tue, 28 Oct 2014 19:33:29 +0000

Home prices rose slightly at 0.2% in August, slower than the 0.6% rise in July, according to the S&P/Case-Shiller 20-city composite index released Tuesday. However, data through August 2014, released this week in the S&P/Case-Shiller Home Price Indices, continue to show a deceleration in home price gains. The 10-City Composite gained 5.5 percent [...]

Mon, 27 Oct 2014 18:37:27 EDT

Ever dream of owning your own ghost town? On October 28, just in time for Halloween, you'll have your chance. That's when Johnsonville Village in Connecticut will be auctioned off. Starting bid: $800,000.

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 […]

Thu, 23 Oct 2014 20:14:52 EDT

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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 [...]

Tue, 21 Oct 2014 14:11:59 +0000

After a modest decline last month, existing-home sales bounced back in September to their highest annual pace of the year, according to the National Association of Realtors®. All major regions except for the Midwest experienced gains in September. Total existing-home sales1, which are completed transactions that include single-family homes, townhomes, [...]

Mon, 20 Oct 2014 20:05:16 +0000

Freddie Mac recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates hitting new lows for the year as 10-year bond yields briefly dipped below 2 percent. At 3.97 percent the average 30-year fixed rate is at its lowest level since the week of June 20, 2013 when it […]

Tue, 14 Oct 2014 20:47:02 +0000

Whether you’re simply speaking at an open house, addressing your entire company or taking over a panel, below are six ways to really rock your public speaking—and don’t worry, I’m not going to tell you to picture anyone in their Underoos. First, create a speech map. Instead of (or in addition to) writing everything down […]

Mon, 13 Oct 2014 21:30:19 +0000

For the second consecutive year, RE/MAX, LLC has received the highest global ranking among real estate franchises by Entrepreneur magazine. Appearing in the October edition, Entrepreneur’s annual global rankings of U.S.-based franchises placed RE/MAX highest among real estate brokerage franchises for 2014, and 39th overall. 7-Eleven and Pizza Hut headed [...]

Mon, 13 Oct 2014 21:33:27 +0000

(MCT)—To improve financial literacy, you have to reach children at an early age so they can establish a strong foundation. Texas is off to a good start. Starting with the current school year, students from kindergarten through eighth grade are required to take financial literacy lessons in their math classes. And high school seniors get […]

Wed, 08 Oct 2014 20:39:15 +0000

With the November mid-term elections around the corner, it is important to remember that there are still a number of issues that Congress has to address. While Congress will return for a lame duck session after the election, the issues they will debate remain unknown. Some key issues that impact the business of real estate […]

Sun, 05 Oct 2014 17:07:31 +0000

Editor’s Note: Following the big news Tuesday that massive media empire News Corp acquired Move, Inc., RISMedia spoke with Steve Berkowitz, Move CEO, and Bob Goldberg, president and CEO of the Real Estate Information Network (RIN) and NAR senior vice president, Sales & Marketing, and Business Development for more details on what the deal means [...]

Wed, 01 Oct 2014 20:07:59 +0000

Nearly 950,000 homes returned to positive equity in the second quarter of 2014, bringing the total number of mortgaged residential properties with equity in the U.S. to more than 44 million. Nationwide, borrower equity increased year over year by approximately $1 trillion in Q2 2014.  This compares to a negative equity share of 14.9 percent, […]

Tue, 30 Sep 2014 14:01:00 +0000

News Corp and Move, Inc. announced today that News Corp has agreed to acquire leading online real estate business Move. Move has an exclusive, strategic relationship with the National Association of REALTORS® (NAR) and NAR has given its consent to the acquisition. According to a release by News Corp, REA Group Limited (“REA”), which is […]

Mon, 29 Sep 2014 21:02:53 +0000

As you’ve probably heard by now, Zillow recently entered into a definitive agreement to acquire Trulia. The deal is not final and won’t be for some time, requiring both shareholder and regulatory approval in addition to customary closing conditions. Still, industry partners have a lot of questions as to what to expect from this acquisition. […]

Sun, 28 Sep 2014 17:06:40 +0000

Housing is an important source of economic growth. As of the second quarter of 2014, housing’s share of gross domestic product (GDP) was 15.5 percent, with home building and remodeling yielding 3.1 percentage points of that total.   Housing-related activities contribute to GDP in two basic ways. The first is through residential fixed investment [...]

Wed, 24 Sep 2014 20:21:31 +0000

In a joint release the Census Bureau and Department of Housing and Urban Development reported that newly constructed single family homes sold at a seasonally adjusted annual pace of 504 thousand in August, up 18 percent from July and 33 percent from August 2013. The supply of new homes available for sale inched up to […]

Mon, 22 Sep 2014 21:07:31 +0000

As cash investors pull away from the housing market, August’s existing home sales also slipped, according to the National Association of REALTORS®. This decline follows four consecutive months of impressive gains. Sales increases in the Northeast and Midwest were outweighed by declines in the South and West. Total existing-home sales, which are completed [...]

Sat, 20 Sep 2014 04:03:27 +0000

Real estate agent teams started over a decade ago, and they are stronger than ever. When done right, they can be a win-win-win for all parties. Clients are provided with immediate information, accessibility and service. Brokers see high-quality business growth. Agents are able to work in their areas of expertise, feel empowered by being part […]

Thu, 18 Sep 2014 14:19:14 +0000

The future of Zillow and the acquisition of Trulia was a hot topic at RISMedia’s 2014 CEO Exchange last week, and attendees had a special opportunity to hear from executives from both companies during back-to-back events. First, during a Networking Luncheon, sponsored by Trulia, Paul Levine, COO of Trulia, assured conference attendees that real estate [...]

Wed, 17 Sep 2014 20:43:08 +0000

Builders’ sentiment jumped four points to 59, the highest level since November 2005, according to the September NAHB/Wells Fargo Housing Market Index. Many of the builders commented on the renewed interest by potential home buyers and higher traffic in their models and through their phone calls. Supporting those comments, all three components rose [...]

Tue, 12 Aug 2014 18:21:33 EDT

From mortgages to closing costs, test your knowledge of these homebuying essentials.

Tue, 05 Nov 2013 11:10:09 EST

Calculate the return on your home and how it compares to returns on stocks, bonds and overall home prices.

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