Staff Reporter

  • 2 Billion Records Exposed In Massive Smart Home Device Breach: Confirmed
    A team of self-styled "hacktivist" security researchers, with an impressive track record of exposing breach after breach as part of a web-mapping project that searches for vulnerabilities within online databases, has disclosed one of the biggest to date.
  • Can Ride-Share Drivers Help Super Flippers Discover New Investments?
    In May, The Wall Street Journal reported that real estate agents and developers are hiring ride-share drivers from companies like Uber and Lyft to scout up-and-coming neighborhoods for potential properties to buy. Imagine having dozens of drivers passively working for you and keeping an eye on the very neighborhood you are interested in.
  • Montage Residences Kapalua Bay: You Can Live At This Five-Star Resort on Maui
    Montage Residences Kapalua Bay, a five-star resort in West Maui in Hawaii, recently released a limited collection of three-bedroom residences. As Montage is the only five-star resort with an ownership opportunity on West Maui, this will be a rare opportunity to own a residence at one of Maui's top-rated resorts. (See "Why You Should Live At This Luxury Maui Resort").
  • Former White Sox Manager Ozzie Guillén Puts Chicago Home On The Market For $2.5 Million
    Retired Chicago White Sox manager Ozzie Guillén has put his Chicago home in the past eight years on the market for $2.5 million. Though Guillén treasures his contemporary multi-level home in the vibrant Bucktown neighborhood, he and his wife, Ibis, are ready to start a new chapter by moving to the city's southwest suburbs to be closer to their oldest son, Ozzie Jr., and his wife, who have a 1-year-old daughter.
  • Iconic Plantation House From 'Gone With The Wind' Is On The Auction Block
    Frankly, my dear, you can live like Scarlett O'Hara and Ashley Wilkes. The Twelve Oaks, the columned plantation house outside Atlanta used in the 1939 movie classic Gone With The Wind, is for sale.
  • Diminutive Domiciles Surging In Cities
    It's no surprise big city life is increasingly favored by everyone from Millennials to empty-nesting Baby Boomers. That's helping make micro residential units increasingly popular options in cities from Seattle and Denver to Chicago, New York City and Miami.
  • Office Leasing Trends Tenants Must Know In A Landlord's Market
    Toronto continues to be among the best cities in the world to live in and has earned this reputation for many different reasons. Toronto is home to Canada's top sports teams, entertainment, art, and key business opportunities, not to mention its public health care and education, all of which make Toronto an ideal place to work and play.
  • Here Is Why Renters Should Get Serious About Owning Their Homes
    Buying a home is a major financial step and long-term commitment. Owning a home is the quintessential American Dream, but aside from the feeling of pride it brings, there are plenty of practical reasons to purchase a home.
  • Bidding Wars Are Heating Up, Here’s How To Win Your Dream Home
    Nationally, just 12% of offers written by Redfin, a real estate brokerage, faced a bidding war in June, down from 52% a year earlier. The supply of homes for sale, however, which had been up to over 6% annually in January, is now up by just 2.8%, according to realtor.com.
  • Former Spelling Manor Sells, Sets Record For Highest Price On Record In California
    The former Spelling Manor, custom built for television producer Aaron Spelling and his wife Candy in the late 1980s, has just sold after three years on the market by its most recent owner, Petra Ecclestone, heir to the Bernie Ecclestone and part of the Formula One fortune.
  • New Jersey Home Inspired By Russia’s Winter Palace Is Set For Auction: Get Your Bids Ready
    A short drive from Manhattan yet worlds away from the hustle and bustle is a palatial mansion in Saddle River, New Jersey inspired by the iconic Winter Palace in St. Petersburg, Russia. Known as Stone Palace on the Hill, the sublime estate valued at close to $30 million will go up for auction July 23-26.
  • Weekly Mortgage Applications Fall 2.4% As Consumers Shrug Off Low Rates
    Mortgage demand has been more than muted for the last several weeks, even as rates sit near two-year lows. Mortgage application volume fell 2.4% for the week last week, according to the Mortgage Bankers Association's seasonally adjusted index.
  • Housing Is Providing Another In A Line Of Troubling Signs Pointing To An Economic Downturn
    Declining home sales are "consistent with the possibility of a late 2019 or early 2020 recession," St. Louis Fed economist William Emmons said in a report.
  • 2 Solid REITs Recommended By The Intelligent REIT Investor
    In a recent research paper, Thomas Bohjalian, Head of U.S. Real Estate and Senior Portfolio Manager at Cohen & Steers explains said that "REITs have proven resilient amid escalating trade tensions between the U.S. and China, even delivering a slight gain in the U.S."
  • 7 Reasons Why Long Distance Investing Isn't As Risky As You Think
    Let me ask if this sounds familiar. Your market is expensive. Finding cash flowing rental property is very difficult, if not impossible. Your competition is paying way more for the property than you would ever think makes sense, and you feel like you may be in another bubble.
  • Uber Cofounder Breaks Property Records In Beverly Hills For $72 Million
    The celebrity-filled neighborhood of Trousdale Estates in Beverly Hills has a new record-breaker on the books, as Variety has reported. Uber co-founder, Garrett Camp (whom Forbes estimates has a net worth of $4.1 billion), and his partner, Eliza Nguyen, purchased a $72 million newly-built house not far away from the neighborhood's former record holder, Minecraft creator and billionaire Markus Persson, who purchased a $70 million home in 2014.
  • Former Broadway Producer Terry Allen Kramer's Estate Sells For Record-Breaking $105 Million In Palm Beach
    There has already been one sale topping $100 million in California this week and now there's another one to report on the other side of the country. La Follia, a 37,500-square-foot building on Palm Beach's Intracoastal Waterway just closed for a $105 million, according to property deeds cited by The Palm Beach Post.
  • Former Spelling Manor Sells, Sets Record For Highest Price On Record In California
    The former Spelling Manor, custom built for television producer Aaron Spelling and his wife Candy in the late 1980s, has just sold after three years on the market by its most recent owner, Petra Ecclestone, heir to the Bernie Ecclestone and part of the Formula One fortune.
  • 13 Fun, Stylish Ways To Add Red, White And Blue To Your Home
    Why 13, you ask? Two reasons really: First, it aligns happily with the 13 colonies that started our nation, and second, 50 is just too darn many - you've got a barbecue to get ready for! You'll note in these 13 ideas that white isn't included in the tally. It's too easy.Why 13, you ask? Two reasons really: First, it aligns happily with the 13 colonies that started our nation, and second, 50 is just too darn many - you've got a barbecue to get ready for! You'll note in these 13 ideas that white isn't included in the tally. It's too easy.If you want more white, buy organic white sheets and towels, add crown molding to your living room, or a subway tile backsplash in your kitchen. Also, you probably have acres of white in your home already. Most toilets sold today are white, and most ceilings are painted that color. White is also one of the most popular choices for kitchen cabinets and countertops.Full Article
  • What The Surge Of VC Interest In Real Estate Tech Means For The Industry
    In today's digital/mobile world, most of the purchase transactions we perform are done in a modern, convenient fashion. Most Americans' online shopping patterns have evolved from buying commodity items like books to more personalized items like clothes and groceries. More recently, transactions that historically were more expensive or complex are becoming more commonplace.
  • Europe Completes Its First Ever Blockchain Real Estate Sale for €6.5 Million
    Last week, the AnnA Villa in Paris made history by becoming the first-ever European property to be sold entirely via blockchain transaction. The luxury building, located in the city's Boulogne-Billancourt district, was valued at €6.5 million and was sold to French real estate companies, Sapeb Immobilier, and Valorcim.
  • The Increased Importance Of Environmental Sustainability In Real Estate
    Staying one step ahead in the uncertain and competitive real estate space can be a challenge. We started out the year with many experts predicting that sustainability would once again be a "trend" for 2019. This is not an "aha" moment for most of us: Green building and sustainability have been enduring trends in the industry for the past couple of decades.Sustainability can no longer be considered a niche. In fact, consumers demand and expect it from most aspects of their lives. Even professional sports leagues, like the NFL, now have formal sustainability initiatives in place. According to a recent survey by Nielsen, 81% of consumers around the globe believe it is extremely or very important for companies to have environmental improvement as an objective.Full Article
  • Online Platform Makes It Easy For Homeowners To Enjoy Comfortable, Sustainable Homes
    Most people don't own homes just to turn them over for a quick profit. In fact, according to Realtor magazine, homeownership tenure is at its highest level in 18 years.
  • Why Sell Before You Buy
    One of the first decisions home sellers must make is about timing. This immediately raises the question of whether it is more prudent to buy and then sell or to sell and then buy.
  • 5 Benefits of Investing in The Real Estate Sector
    If you want to adequately invest your money somewhere in this day and age, it is no doubt that real estate is the right choice. People who invest in real estate can enjoy steady incomes for a long time after a one-time investment. In this article, we will guide you through 5 interesting benefits of investing in the real estate sector.
  • Live, Laugh, Lease: Four Essentials For Accidental Landlords
    If you recently moved from your home and leased it out, or inherited a rental property, you're in one of the largest demographics of real estate investors: accidental landlords. When it comes to leasing, the learning curve is a harsh one.
  • Office Rents Now Rival Silicon Valley's: Austin Affordable No More?
    Large tech companies have exponentially increased their presence in Austin. This has had a dramatic impact on office rents in the Texas capital, according to research by commercial real estate brokerage JLL.
  • Seven Pro Tips For Finding The Best Markets To Invest In Real Estate
    As a new or even seasoned investor, finding the best markets to invest in is crucial to long-term success. But what are the characteristics that define a market as among the best? Here are seven tips for all investors wanting to find the best real estate markets to invest in when it comes to rental properties or a buy-and-hold strategy.
  • What To Look For When Selecting Your Property Management Company
    You have worked hard to select a market, choose the submarket, find a deal, underwrite it, submit a letter of intent (LOI) and get awarded your next income-producing asset. One of the quickest ways to kill your asset and turn it into a liability is by hiring the wrong property management company.
  • Strong Economic Conditions Drive Mortgage Delinquency Rates To A 20-Year Low
    The distressed mortgage market continues to grow smaller in the proverbial rear-view mirror with the share of mortgages that were past due in April falling to a record low rate. Declining unemployment rates and rising home prices have helped to reduce the delinquency rates, according to a new loan performance report by CoreLogic, a leading global property analytics and data provider.
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