realestatenews

A Small Town In Silicon Valley Named America's Most Expensive Zip Code

Small but terrible - that's what Atherton, California is in terms of its place in real estate. The small town apparently is home to several big names which explain why its real estate market is filled with big price tags, Madeline Stone of Business Insider reports.

The Strangest, Wackiest Stories In Real Estate In 2015

The real estate world had its fair share of strange this year: from a Google employee camping in vans to a vegetarian landlord raging over meat-eating tenants.

Source Of Hard Data For Commercial Real Estate A Big Deal, Says CrediFi

Despite being one of the most lucrative businesses in the world, data gathering for commercial real estate is still being done manually. But that is about to change, hopes Israel-based startup CrediFi, David Shamah of Times of Israel reports.

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.

'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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

China Insurers to Invest $73 Billion On Overseas Property

Chinese insurers are looking at a 5-year plan in diversifying their assets by increasing their overseas property investments. Real estate services firm DTZ/Cushman & Wakefield on Wednesday published this report and revealing the total amount of would-be investments of US$73 billion, The Real Deal website reports.

Crowdfunding Platform 'RealtyShares' Top $30 Million Real Estate Investments In The Third Quarter

RealtyShares, one of the leading real estate crowdfunding groups in the industry, has topped $30 million of real estate investments for 2015's 3rd quarter alone. The accredited crowdfunding platform is seeing a continuous surge of solid investor demand from different property types. The company claims to having some of the strongest deal flows in the confines of real estate crowdfunding sector, Crowdfund Insider reports.

Airports: Among The Listed Infrastructure Investing Gateways

In the wake of a low growth, low yield market, an asset class that is yet to be noticed can be investors' solution from a starving yield. Infrastructure is being considered as a growing "real assets" investment strategy and retail investors are encouraged to get on board. With listed infrastructure investing, where investors put their money in companies that own and/or operate highly important infrastructure assets, investors open their doors for new opportunities that could boost their growth and stability as well as diversify their investment portfolio, National Real Estate Investor reports.