Current Real Estate News

Get the latest real estate news!

Under the Sells-Scope: ChatFuel: Blog, ... to get a copy of the 5-star rated workbook, Plan to Win. to transform their real estate sales game plan... Lee Davenport is an Atlanta-based real estate broker and business doctoral candidate who trains agents and brokerages on how to use todays technology to work smarter. Join Lees free RE Tech Insiders Club by visiting www.LearnWithLee.REALTOR.

Here Are The Nations Healthiest And Unhealthiest Housing Markets:

Mon, 27 Mar 2017

Mortgage News Daily - Blogs, Tampa, Florida, which lost thousands of homes to foreclosure in the past decade, now takes the title of the nation's healthiest housing market, at least according to TenX, a real-estate auction and analytics company. It rated locations based on a number of key factors, including population and job growth, unemployment rate and wage growth, as well as industry-specific ...
Previous versions (2)

Shawn Hillmann Joins Codilis, Moody, & Circelli:

Mon, 27 Mar 2017, Before joining CMC, Hillmann was VP and shareholder with a creditors rights firm based in Wisconsin. Hilmanns background focuses on litigation in the mortgage, business, and consumer loans areas including foreclosure, collections, real estate, and resolution of real estate title issues. In addition, Hillmann defends actions against lenders and supporting businesses.

Placester continues growth with $50 million capital raise:

Fri, 24 Mar 2017

HousingWire, Over the last few years, Placester, a Boston-based real estate marketing platform, experienced rapid growth, raising $50 million in three ... of its platform, which provides an all-in-one marketing toolkit for real estate professionals with beautiful lead capturing websites, lead management, email marketing, marketing automation, analytics, free education and 24/7 support ...

2016 Cash and Distressed Sales Totals Hit Nine-Year Lows:

Fri, 24 Mar 2017

Mortgage News Daily - Blogs, CoreLogic also noted that distressed home sales, a total of both short sales and sales of lender-owned real estate (REO) accounted for 8.9 percent of all sales for the year, also the lowest share since 2007. For the month of December, the all-cash share of sales was 33.1 percent, down 1.3 percent from that month in 2015.

Market is strong in multifamily, office and retail by Chris Mellen:

Fri, 24 Mar 2017

New England Real Estate Journal, ... of the global and domestic headwinds that continue to keep U.S. economic growth in a headlock. But we, as New Englanders and living on the coast. know the commercial real estate market is like the ocean; in one instance calm and continuous and in the next unstable and crushing. And that real estate change can happen at any time.
Previous versions (2)

Marcus & Millichap brokers two multifamily sales totaling $1.698 million:

Fri, 24 Mar 2017

New England Real Estate Journal, With over 1,600 investment sales and financing professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed over 8,700 transactions in 2015 with a value of approximately $37.8 billion.

Minnerly and Osvold of NAI Hunneman broker 30,200 s/f lease:

Fri, 24 Mar 2017

New England Real Estate Journal, ... other facilities in 49 states and has $6 billion in sales. Headquartered in Boston, NAI Hunneman is a leading provider of commercial real estate services to corporations, institutions and the private market. NAI Hunneman is a member of NAI Global, the premier network of independent commercial real estate firms and one of the largest commercial real estate service providers worldwide.

Trends in a maturing investment market by Jonathan Avery:

Fri, 24 Mar 2017

New England Real Estate Journal, Trends in a maturing investment market Jonathan Avery, Avery Associates The continued strong demand for good quality investment real estate is causing some investors to step back and analyze where we are on a typical cycle. Although there are different opinions, it is clear that we have been in 5-6 year run of increasing prices, capitalization rate compression and strong demand.

CoreLogic: Paying cash for houses lowest in nearly 10 years:

Wed, 22 Mar 2017

HousingWire, ... continues, it will reach that normal 2% mark by mid-2018, CoreLogics report showed. Diving deeper in to Decembers data, CoreLogics report showed that real-estate owned sales had the largest cash sales share in December at 61.1. Short sales were the next highest, with a share of 34.2%, followed by resales at 33% and newly constructed homes at 16.7.

Cash Sales at Nine-Year Low:

Wed, 22 Mar 2017, In December 2016, cash sales share was 33.1 percent, down 1.3 percentage points year-over-year. Real-estate owned (REO) sales the largest share of cash shares in December 2016, at 61.1 percent. Short sales had the next highest cash sales share at 34.2 percent, followed by resales at 33 percent, and newly constructed homes at 16.7 percent.

- DSNews:

Tue, 21 Mar 2017, On behalf of the entire Black Knight Paragon team, I would like to express our deepest gratitude to our valued clients, who provided open and honest feedback on our systems, implementations and service," said Black Knight Data & Analytics VP and Real Estate Market Leader Chip McAvoy. This recognition inspires us to strive even harder to exceed our clients' expectations and ...

Demand for houses still grows despite interest rates increasing:

Tue, 21 Mar 2017

HousingWire, Demand for houses still grows despite interest rates increasing | 2017-03-21 Potential existing-home sales decreased in February as interest rates continue to rise, according to the Potential Home Sales model from First American Financial Corp., a provider of title insurance, settlement services and risk solutions for real estate transactions. Potential home sales increased to a 5.7 million seasonally-adjusted, annualized rate.
Previous versions (2)

More on Zillow; Primer on a Flat Yield Curve: Any Change to Rating Agency Model?:

Tue, 21 Mar 2017

Mortgage News Daily - Blogs, ... why many lenders have pulled out of advertising over the last month. Regulators, including the CFPB, are concerned with real estate lead sharing/advertising portals in the market place in general, and we can all bet that state mortgage regulators have been communicating with each other as well as the CFPB. More notes on the subject this Saturday.

HouseCanary Announces Collaboration With Google:

Mon, 20 Mar 2017, ... that they can act on in real time, said Jeremy Sicklick, CEO of HouseCanary, By joining the Google Cloud Technology Partner program, HouseCanary is expanding its services to help businesses of all sizes understand different real estate markets around the country and modernize how they make investment and lending decisions.

Can Canada Tax Its Way Out Of High House Prices?:

Mon, 20 Mar 2017

Realty Times, On the resale market, the Toronto Real Estate Board (TREB) says the inventory of listings for sale is at a "more than 15-year low ... The supply constraints and the rate of immigration in Toronto's real estate market explains why house prices have been going up five to 10 per ...

Zillow Saga Continues; Training and Events:

Mon, 20 Mar 2017

Mortgage News Daily - Blogs, Does the CFPB consider co-marketing with real estate agents on Zillow a RESPA violation, as purported by this video. An attorney weighed in saying that the video is hearsay and sensationalist, and that there is no firm evidence or written documents in circulation that regulators interpret Zillow co-marketing as a violation of RESPA.

MBA: Trumps budget shows political statement of priorities:

Fri, 17 Mar 2017

HousingWire, ... administrations lack of focus on housing programs, the organization promises to continue to work to strengthen real estate markets... MBA will work to ensure that the government continues to support vibrant real estate markets that grow and strengthen Americas communities through the continued funding of Federal Housing Administration, Veterans Affairs ...
Previous versions (2)

Optimism and uncertainty for commercial real estate lending in 2017 by Ernest DesRochers:

Fri, 17 Mar 2017

New England Real Estate Journal, Over 3,000 people attended the four day conference whose focus is networking, relationship building and deal making. The market sentiment for commercial real estate investing is still optimistic. Conference participants were uncertain, however, if this optimism can continue. There were several takeaways from the conference which support this premise.

Hakim and Murad of Eastern Consolidated arrange $68 million loan for a 257-key Newport, RI hotel:

Fri, 17 Mar 2017

New England Real Estate Journal, Hakim and Murad of Eastern Consolidated arrange $68 million loan Adam Hakim, Eastern Consolidated Newport, RI Eastern Consolidateds Capital Advisory Division has arranged a $68 million acquisition loan for a 257-key, 227,300 s/f hotel on 9.5 acres. The hotel previously operated under the Hyatt Regency flag and will be rebranded as Gurneys Newport Resort and Marina operating under a Gurneys license agreement.

Melillo of Pearce Real Estate brokers 1,700 s/f lease:

Fri, 17 Mar 2017

New England Real Estate Journal, Prior to his career at Pearce, he worked for twenty years in the banking industry in various positions including commercial real estate finance, workout and the management and sale of bank-owned real estate. Professionally, he is a member of the Connecticut Association of Realtors, the Greater New Haven Association of Realtors, and the Commercial Investment Division of the New ...

RK Centers purchases Hannaford store from Eastern Real Estate for $14 million:

Fri, 17 Mar 2017

New England Real Estate Journal, RK Centers purchases Hannaford store from Eastern Real Estate for $14 million Bedford, NH NGKF Capital Markets has completed the sale of Hannaford | Bedford, to RK Centers for $14 million. Executive managing director Geoffrey Millerd, managing director Justin Smith, associate director Paul Penman and financial analyst Christian Brannelly of the NGKF Capital Markets Boston team, which is led by U.S.

Hotel lenders have become prudent, as it pertains to new hotel construction projects by James OConnell:

Fri, 17 Mar 2017

New England Real Estate Journal, This began during the summer of 2016 and is now a full blown national phenomenon. I understand that it has also become more difficult to borrow construction money for the other segments of the real estate market. The market for debt has tightened for retail, office and even multi-family projects.

Wason Associates finalize two Vermont hotel sales totaling $6.8 million:

Fri, 17 Mar 2017

New England Real Estate Journal, Wason Associates Hospitality Real Estate Brokerage Group has completed the closing and sale of two properties The Best Western Plus, located in Bennington, and The Palmer House Resort in Manchester, VT... President, Earle Wason, CCIM has over 30 years of experience in the hospitality real estate market. Offering advisory services to both buyers and sellers, Wason Associates provides a strategic ...

Cyrier, West and Villanueva of MANSARD handle $5.5 million sale:

Fri, 17 Mar 2017

New England Real Estate Journal, Cyrier, West and Villanueva of MANSARD handle $5.5 million sale Bedford, MA Bedford North Road, LLC recently sold 41-55 North Rd. for $5.5 million to Oxford Entities, LLC. Bedford North Road, LLC, managed by Atlas Commercial Real Estate, received 5 offers for the property after completing a 36 month re-positioning program in which they obtained several medical office tenants such as Emerson Hospital, Chestnut Dental and Bedford Periodontics.