Thursday, 02 May 2024

Tag: realestatenews

'Rental Profit Growth Have Big Players Merging

Investors had a completely different plan. Take advantage of the foreclosure crisis and buy as much bargain-basement single-family homes, rent them out and sell them off when it's favorable. But looks like this emerging class of real estate is taking a different route as big players are consolidating which could make remaining stocks left standing potentially more attractive, Diana Olick of CNBC reports.

'Real Estate Law Firms Target Technology Sector

Top real estate law firms in New York City have their eyes on the technology sector, a major player industry in Big Apple's office market, Peter Grant of Wall Street Journal reports.

'Agents Go High Tech To Close Deals

In the competitive world of real estate, it turns out that a charged phone with a reliable internet can be everyone's edge. Phillip Molnar of LA Times discusses how technology is changing the game in real estate and how one major real estate company gladly takes advantage.

EDITOR'S PICKS

''Pretty Little Liars' Actor Ian Harding Nabs Overlooking Contemporary In Eagle Rock

Ian Harding of Pretty Little Liars ditched his Laurel Canyon bungalow for a newly built contemporary in L.A.'s Eagle Rock neighborhood for $1.295 million, Daily Press reports.

By Staff Reporter
'Central Ohio's Top 1 Real Estate Submarket Named

A yearly survey on local real estate developers, construction company operators, architectural firms, and other related experts is being conducted by the Urban Land Institute, Columbus chapter. This annual activity is aimed to predict the possibilities for the local real estate market in the coming year. Last Thursday, the 2015 report was presented and it shows significant changes from the responses in the past years, Walker Evans of Columbus Underground reports.

By Staff Reporter
'Kerry Washington and Husband Ex-NFL Pro Nnamdi Asomugha Lists Hollywood Hills Compound For $2.695 Million

Star of "Scandal" Kerry Washington and husband, former NFL player Nnamdi Asomugha, put their Hollywood Hills West compound on the market for $2.695 million and found a buyer just after three days, Daily Press reports.

By Staff Reporter
'China Dominates U.S. Real Estate Market

China has been a major player in New York real estate market but is now expanding their influence on a national scale as it surpasses Canada as the largest foreign buyer of homes in the United States, The Wall Street Journal reports.

By Staff Reporter
'2016 Real Estate Trends: Booming Bargain Belt, Millenials Trading Up, and More

In the yearend of last year, the U.S. Federal Reserve was predicted to raise interest rates for this year which propelled prospective homebuyers to take action, however, 2015 proved that prediction wrong. This time, that pattern may no longer come to be.

By Staff Reporter
'Indonesia Amends Luxury Property Tax Rules

Indonesia is changing its rules on taxing luxury properties. In this move that could iron the uncertainty that is plaguing the real estate sector, certain apartments and houses are now to be valued based on value instead of size, The Business Times reports.

By Staff Reporter
'A Look Into India's Luxury Real Estate Market

India's real estate market has evolved from houses with great location to a fresh and vibrant concept of branded homes. These branded houses make up this emerging luxury housing concept where houses cost more than $300,000 for 2000 square feet as with starter size for apartments, and into larger and bigger sizes depending on the category that the project is going for. It is currently considered as the fasting growing cluster in residential housing and based on studies, it would take 1.5 million luxury homes to be able to cater to the demand in the coming 15 years, Business World reports.

By Staff Reporter
'Mid-income Residents The Way To Go In Dubai Real Estate

Developers are gearing their marketing pitch to convince tenants to buy their home, and projects focusing on this core audience are being started.

By Staff Reporter
'Real Estate Firm Sues US Steel For Refusing Bids Past List Price

U.S. Steel, a struggling steel producer company based in Pittsburgh is getting sued by the real estate company it hired to sell a company-owned condominium after refusing to accept two all-cash offers for the property in the amount higher than the listing price, Pittsburgh Post-Gazzette reports.

By Staff Reporter
'Burt Bacharach Net Worth: 'The Look of Love' Composer Lands $5.5 Million Seaside Pad In Del Mar

Legendary American composer, songwriter, record producer, pianist, and singer Burt Freeman Bacharach has landed a $5.5 million place in Del Mar, LA Times reports.

By Staff Reporter
'Are Baby Boomers Causing Shortage in Real Estate Inventory?

Economists now argue that baby boomers - the people who rocked at Woodstock and were active in campus protests - who used to take out mortgages and buy lots of real estate are not downsizing fast enough and aren't putting their houses for sale as earlier generations did. As they refuse to move, it contributes to inventory shortages and an increase in prices, Chicago Tribune reports.

By Staff Reporter
'Tyga Got Kicked Out of Kylie Jenner's Calabasas Mansion And Scored Himself A Smoking New Pad

Tyga is known for renting Calabasas mansions (where his girlfriend, Kylie Jenner, is), but he is also known for not being responsible enough with paying rent. Two of his former landlords have already filed a lawsuit against the rapper for $124,000 and $50,000 worth of overdue rent. But that's Calabasas and already part of the past as Tyga just scored himself a smoking new pad in Hollywood hills, LA Curbed reports.

By Staff Reporter