Wire Real Estate – Page 5 – iCrowdNewswire
Spain Brazil Russia France Germany China Korea Japan

Artificial Intelligence driven Marketing Communications

Jul 30, 2019 6:30 AM ET

Stock Shortage To Drive Sydney’s Rebound

iCrowdNewswire - Jul 30, 2019 - The stock shortage in Sydney could drive the property market to recovery, with pricier regions already benefitting from the emerging rebound, according to the latest data. The scarcity of sellers during winter made buying problematic. Auction listings dropped by 25% because homeowners refused to sell in the wake of the 15% decline in values over the past two years, realestate.com.au said. The shortage resulted in early-bird sellers attracting a large. [more...]

Jul 30, 2019 6:25 AM ET

Up! Up! Up! UK house prices rise £11 a day … but London prices drop

iCrowdNewswire - Jul 30, 2019 - British homes have increased in value by an average of £11 per day since the beginning of the year, but with huge regional variations. The data, from Zoopla, says that for the UK as a whole £2,046 has been added to the value of the average home in the first six months of 2019. On a regional level, the West Midlands leads the way with homes increasing by £36.58 per. [more...]

Jul 30, 2019 6:10 AM ET

House buyers numbers fell slightly in June, latest agent research shows

iCrowdNewswire - Jul 30, 2019 - The number of house hunters registered per estate agent branch fell slightly in June but remains high for the year as the housing market continues to show resilience, according to the latest industry report. They fell from 307 to 305 but year on year demand has only fall by 1%. In June 2018 there was an average of 308 house hunters per branch, the housing report from the National Association. [more...]

Record £100,000 fine for illegal short term subletting in London
Jul 30, 2019 6:00 AM ET

Record £100,000 fine for illegal short term subletting in London

iCrowdNewswire - Jul 30, 2019 - A council tenant in London has been ordered to pay over £100,000 after being taken to court for illegally subletting his social housing flat in Victoria as a holiday home through Airbnb. Legal action was taken by Westminster City Council against Toby Harman, 37, after it was found that the property on Vauxhall Bridge Road had been advertised on Airbnb with over 300 reviews dating back to 2013. Westminster City. [more...]

Jul 30, 2019 6:00 AM ET

Latest analysis tracks slowing of the housing market in England and Wales

iCrowdNewswire - Jul 30, 2019 - The housing market is slowing in England and Wales with average prices of existing homes rising just 0.3% year on year, the weakest performance since 2011, according to the latest analysis. Month on month prices were up by 0.9% and sales fell by 2.5% year on year, the fastest fall since 2008, the report from London Central Portfolio (LCP) shows, taking the average price to £255,050. But new builds are. [more...]

Jul 29, 2019 6:40 AM ET

3 Things to Consider When Buying Properties Internationally

iCrowdNewswire - Jul 29, 2019 - Let’s talk about buying properties internationally. Guys, I’d like to consider myself a pretty well-traveled person. I remember that my mother and I would constantly travel back and forth between Australia and Europe, and I was fortunate enough to play professional soccer when I was 18 and lived in Hong Kong. Right now, my mother is living in Croatia, my dad’s in Australia, and I live in the U.S. I. [more...]

Jul 29, 2019 6:35 AM ET

5 Key Factors Driving Brokerage Profitability

iCrowdNewswire - Jul 29, 2019 - Brokerages’ gross margins and company revenues are continuing to face downward pressure, according to a new report from REAL Trends looking at brokerage profitability. However, some brokerages are standing out from the pack and maintaining and driving profits. REAL Trends surveyed hundreds of brokerages to identify the top five key drivers influencing profitability. The five profit drivers they identified are: 1. Team productivity Sixty-six percent of brokerages surveyed considered teams. [more...]

Jul 29, 2019 6:30 AM ET

LA’s Ford Factory Loan Lands in CMBS Market

iCrowdNewswire - Jul 29, 2019 - The $135 million Bank of America loan for Access Industries’ $193.5 million acquisition of the Ford Factory in Los Angeles’ Arts District just landed in the CMBS market, a Fitch Ratings presale report shows. The 10-year, interest-only financing took the form of a pari-passu loan; a $40 million, non-controlling A-2 note was securitized in the BANK 2019-BNK19 transaction, and a controlling $95 million A-1 note that was contributed to the  BANK 2019-BNK18 deal. The sponsor contributed $65.9 million of equity to. [more...]

Jul 29, 2019 6:25 AM ET

Building And Designing Homes For People With Disabilities

iCrowdNewswire - Jul 29, 2019 - When the Americans with Disabilities Act (ADA) became a law 1990, it ensured legal rights across a variety of areas from employment to education, transportation and public accommodations in commercial buildings. While it addressed many major issues, one area where people with disabilities and their families continue to struggle is being able to live comfortably in their own homes.  While there are standards to make private homes accessible, that doesn't necessarily ensure. [more...]

Jul 29, 2019 6:20 AM ET

Mortgage rates boost multifamily investments in Q1

iCrowdNewswire - Jul 29, 2019 - Falling mortgage rates have provided a welcome boost to the multifamily market, according to the latest report from Freddie Mac, which showed that multifamily investment rose in the first quarter of 2019. Thanks to a decline in mortgage rates and an ongoing increase in net operating income, Freddie Mac's Multifamily Apartment Investment Market Index, or AIMI, rose 2.4% in Q1. Freddie Mac's AIMI puts together rental income, property prices and mortgage rates to show investors how multifamily housing. [more...]

Jul 29, 2019 6:15 AM ET

This is how a lack of housing affordability is impacting America’s middle class

iCrowdNewswire - Jul 29, 2019 - In June, America’s home prices rose by 3.4% from the previous month. Although this rate remains significantly lower than its 2018 level, Redfin indicates that home price appreciation has now grown by a whopping 9% in the nation’s most affordable markets. “Home prices were up 3.4% in June, a modest growth rate compared to the 7 to 9 percent price jumps regularly seen in early 2018, and mortgage interest rates are lower than they’ve. [more...]

Jul 29, 2019 6:05 AM ET

Mynd Property Management acquires HomeUnion, expands offerings for real estate investors

iCrowdNewswire - Jul 29, 2019 - Mynd Property Management raised $20 million just over a year ago, saying at the time that it planned to use the money to expand its business. And now, Mynd is doing just that. The company, which provides full-service property management of small multifamily buildings and single-family homes, announced recently that it has acquired HomeUnion, an online real-estate investment management firm. Mynd was founded in 2016 by Doug Brien and Colin Wiel, who previously. [more...]

Jul 29, 2019 6:00 AM ET

Ceiling Heights Are Sealing Real Estate Deals For The Well-Heeled

iCrowdNewswire - Jul 29, 2019 - Quick, name a residential attribute representing the height of elegance. These days, it just might be lofty ceilings. Ceiling height denotes sophistication, exclusivity and design flair, and that’s not the limit of its elevated benefits, as we will see in a moment. But first it's worth noting more and more buyers are seeking high ceilings in the homes they consider. A recent survey by the National Association of Home Builders. [more...]

Jul 26, 2019 6:25 AM ET

Opinion: An Unexpected Market on the Brink of Explosive Growth (Get in While You Can!)

iCrowdNewswire - Jul 26, 2019 - I am continuously trying to improve on living in the present. It is a trait I know is vital to happiness and success as a husband, dad, and with all other relationships in my life. The reason I am trying to improve my ability to be present is because my whole life I have had the natural tendency to be a forward thinker. This forward thinking can be focused on. [more...]

Jul 26, 2019 6:20 AM ET

This City Has the No. 1 Most Stable Housing Market in the Country

iCrowdNewswire - Jul 26, 2019 - Buying a home in Boulder, Colo., is still the safest bet. For the fifth year in a row, Boulder ranked as the best housing market nationwide based on home price growth and stability, according to a new report from SmartAsset. The odds of a major drop in home prices in Boulder were 0% — and properties in the city have increased 268% in price since 1994. Boulder was one of three. [more...]

Jul 26, 2019 6:15 AM ET

Homeownership Rate in the U.S. Falls to the Lowest Since 2017

iCrowdNewswire - Jul 26, 2019 - (Bloomberg)—The U.S. homeownership rate fell to the lowest level in more than a year as rising prices and a tight supply of starter homes put buying out of reach for many renters. The share of Americans who own their homes was 64.1% in the second quarter, the lowest since the third quarter of 2017, according to a Census Bureau report Thursday. It was the second straight decrease, down from 64.2%. [more...]

New York Doubles Down on Tracking Empty Storefront Problem
Jul 26, 2019 6:10 AM ET

New York Doubles Down on Tracking Empty Storefront Problem

iCrowdNewswire - Jul 26, 2019 - (Bloomberg)—Take a stroll down Manhattan’s Fifth Avenue, one of the most famous shopping thoroughfares in the world, and you’ll find the emptiness hard to ignore. New York’s vacant storefront epidemic doesn’t end there: Walk one block east to Madison Avenue, and nearly 30% of all shops are available for rent, according to a report by brokerage Cushman & Wakefield. Business owners across the city have increasingly been forced to close. [more...]

Jul 26, 2019 6:05 AM ET

Three Reasons Why Home Improvement Is The Fastest-Growing Retail Category And What To Watch For

iCrowdNewswire - Jul 26, 2019 - Amid the shuttering of many brick-and-mortar stores and slow growth in retail spending overall, there is one bright star: home improvement stores. Emblematic of this is the continued strong growth in revenue at Home Depot and other stores in the home improvement sector.  More to the point: Home improvement spending nationwide has been growing at almost double the rate of the rest of the retail sector. Let’s look at what tailwinds have. [more...]

Jul 26, 2019 6:00 AM ET

Realogy Partners With Amazon To Launch TurnKey Homebuying Program

iCrowdNewswire - Jul 26, 2019 - Realogy Launches TurnKey In Collaboration With Amazon New Homebuying Program Matches Consumers in 15 U.S. Cities with Participating Agents from Realogy’s Family of Residential Real Estate Brands; The Amazon Move-In Benefit Provides $1,000 to $5,000 of Complimentary Amazon Home Services and Fully-Installed Smart Home Products Courtesy of Realogy to TurnKey Participants after Closing on Their New Home Realogy Holdings Corp. (NYSE: RLGY), today announced in collaboration with Amazon the launch of TurnKey, a. [more...]

Jul 25, 2019 6:35 AM ET

New-Home Sales Finally See a Jump This Summer

iCrowdNewswire - Jul 25, 2019 - New-home sales rebounded in June, but builders warn that affordability concerns persist. Sales of newly built single-family homes rose 7% last month to a seasonally adjusted annual rate of 646,000 units, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. New-home sales for 2019 are 2.2% higher than the same period a year ago. But while the numbers were positive. [more...]

Jul 25, 2019 6:25 AM ET

Sales Prices, Inventory Reach Record Highs In Manhattan During Mansion Tax Mad-Dash

iCrowdNewswire - Jul 25, 2019 - Manhattan’s median sales price reached a record high of $1,161,496 in the second quarter of 2019, a steep 11% increase from a year prior, according to a new report from the listings site StreetEasy. The hike was driven by buyers in the luxury market hurrying to close deals before the revised mansion tax took effect on July 1. The tax, which previously took 1% from sales of $1 million or more, will now. [more...]

Jul 25, 2019 6:20 AM ET

A Critical Look At REIT IPOs

iCrowdNewswire - Jul 25, 2019 - The number of REIT initial public offerings, or IPOs, has certainly fallen from the good old days. In 2013, for instance, there were 19 of them in all. In 2017, however, there were nine REIT IPOs that, together, raised around $2.9 billion in gross proceeds. For 2018, that number dropped down to five (though gross proceeds did jump to $3.3 billion). So far, between January and mid-July, however, 2019 has. [more...]

More homeowners are tapping their equity to build accessory dwelling units
Jul 25, 2019 6:15 AM ET

More homeowners are tapping their equity to build accessory dwelling units

iCrowdNewswire - Jul 25, 2019 - America’s affordability problem continues to plague the housing market as wages aren’t keeping pace with rising home prices. The situation has given rise to an increase in multigenerational living, with Pew Researchdata revealing that the number of Americans living with family members of another generation has risen sharply since the Great Recession, climbing to a record-breaking 64 million in 2016, representing 20% of the U.S. population. To solve space concerns, some homeowners are. [more...]

Jul 25, 2019 6:10 AM ET

CGA Mortgage Capital Lends $52M on Blue Sky’s Morningside Heights Resi Buy

iCrowdNewswire - Jul 25, 2019 - CGA Mortgage Capital has provided roughly $52 million to Blue Sky Real Estate Development to facilitate its purchase of an apartment building at 3060 Broadwayin Morningside Heights, city records show.  The financing includes a new $27 million gap mortgage that helped cover Blue Sky’s $47.2 million purchase of the property from an ownership group, led by Coltown Properties, that had purchased the building from the Jewish Theological Seminary of America in 2016 — the seminary leased back the. [more...]

YD Fortune’s CEO and Founder Ricki Li Launches Her Real Estate Empire, Starting with Center City Properties
Jul 25, 2019 6:05 AM ET

YD Fortune’s CEO and Founder Ricki Li Launches Her Real Estate Empire, Starting with Center City Properties

iCrowdNewswire - Jul 25, 2019 - Li Founded YD Fortune in July, 2018 LOS ANGELES, CA / Ricki Li, founder of notable real estate investment firm YD Fortune, is building a real estate empire. Starting in Center City Philadelphia, and building from the ground up, Li has managed to own and operate all cogs in the real estate machine. From construction to an interior design team, she cuts out the middleman while cutting costs. This gives customers. [more...]

HAWKEYE Acquires Railway Property in BC Golden Triangle
Jul 25, 2019 6:00 AM ET

HAWKEYE Acquires Railway Property in BC Golden Triangle

iCrowdNewswire - Jul 25, 2019 - VANCOUVER, BC  / HAWKEYE Gold & Diamond Inc. (the “Company” or “HAWKEYE") (TSX-V-HAWK; Frankfurt Ticker: HGT; ISIN: CA42016R3027; WKN: A12A61): is pleased to announce that HAWKEYE has entered into two Sale and Purchase Agreements with two separate arms-length vendors to acquire 100% interests in an additional fifteen (15) claims (the “Claims”) totaling 826 hectares in the BC Golden Triangle. The Claims are located approximately 12 kilometres east-northeast of the Village of Iskut, BC,. [more...]

Cannabis Real Estate Firm Bangi, Inc. To File as A Qualified Opportunity Fund with IRS
Jul 25, 2019 6:00 AM ET

Cannabis Real Estate Firm Bangi, Inc. To File as A Qualified Opportunity Fund with IRS

iCrowdNewswire - Jul 25, 2019 - BANGI Shareholders Set to Reap Significant Tax Benefits from New Designation LOS ANGELES, CA / BANGI, Inc. (OTC PINK: BNGI), a diversified investment vehicle that acquires and leases specialized real estate assets in the cannabis, hemp and CBD industries, today announced that it expects to be designated as a Qualified Opportunity Fund with the filing of Form 8996 with the Internal Revenue Service (“IRS”). As a result, current and future BANGI. [more...]

Jul 24, 2019 6:50 AM ET

How to Do Value-Add Renovations Without Disrupting Tenants

iCrowdNewswire - Jul 24, 2019 - A lot of people are getting involved in multifamilies these days, and that’s because multifamily investments can be very lucrative. The way that multifamilies are lucrative is in a value-add play. A value-add play is where somebody buys a multi, and let’s say, the average rent per unit is $700. This price per unit isn’t bad, but maybe the market’s gone up, you’ve seen a lot of appreciation in rents, and. [more...]

Jul 24, 2019 6:50 AM ET

The Dos and Don’ts of Choosing a Profitable Rental Property

iCrowdNewswire - Jul 24, 2019 - Investing in real estate can absolutely be a benefit to your financial portfolio, but it is not a commitment to make without careful research and the right knowledge. If you’re considering entering the rental game, you will want to educate yourself on the various pros and cons involved in owning a this type of investment property. Becoming a successful landlord who sees a return on their investment takes some savviness, patience, and a. [more...]

Jul 24, 2019 6:45 AM ET

The Bezos bump: Amazon deal pushes Realogy stock and market cap up by 19%

iCrowdNewswire - Jul 24, 2019 - Amazon and Realogy’s new partnership sent the real estate giant’s stock price and market cap soaring on Tuesday — but some analysts warn that it may be short lived. After the program, dubbed TurnKey, was announced early Tuesday morning Realogy’s stock prices soared 31 percent in premarket trading. The stock opened at a recent high of $6.44 per share and fluctuated throughout the day before closing at $6.18 — up. [more...]