Real Estate Markets

Protecting renters, not landlords, the right call for Portland: Guest opinion

oregonlive.com

Protecting renters, not landlords, the right call for Portland: Guest opinion


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Tough housing market awaits California wildfire victims

koat.com

Tough housing market awaits California wildfire victims


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Qatar deflation deepens as real estate market weakens

reuters.com

Qatar deflation deepens as real estate market weakens


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Landlord files eviction notice against ‘Los Imperios’ restaurant and lounge

fox61.com

Landlord files eviction notice against ‘Los Imperios’ restaurant and lounge


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West Hartford bar gets eviction notice, continues to remain on p

wfsb.com

West Hartford bar gets eviction notice, continues to remain on p


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NM's budget: From flush to cash crunch in 9 years

abqjournal.com

NM's budget: From flush to cash crunch in 9 years


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James Woods announces his retirement from acting — via a real estate listing

latimes.com

James Woods announces his retirement from acting — via a real estate listing


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Home / United States / Real Estate / Property Markets
Austin area needs more housing supply
The Austin area housing market remains one of the healthiest in the nation, even as it grapples with affordability challenges and an undersupply of housing, a national economist said Wednesday. Lawrence Yun, chief economist for the National Association of Realtors, spoke at the annual membership meeting of the Austin Board of Realtors, which represents about 13,000 real estate professionals in Central Texas   Read More ...
Categories: Real Estate | 
Places: Americas |  North America |  United States |  Texas |  Travis |  Austin | 
'The housing market can't take the shock of a natural event,' real estate economist warns
The exact tally is still impossible to calculate, but at least 10,000 homes and other structures have been destroyed by floods, winds and fires in the past three months. Given the acute construction labor shortage that was already at play before these disasters, reconstruction and its repercussions in residential real estate could pose yet another disaster. "The housing market can't take the shock of a natural event," said Nela Richardson, chief economist at real estate company Redfin   Read More ...
Categories: Real Estate | 
Places: Americas |  North America |  United States | 
New Amazon-occupied office in Bellevue sells for record price
It’s not just homes that are getting more expensive in the King County real estate market: A new office building in downtown Bellevue that’s fully occupied by Amazon has sold for $313 million, the priciest property sale on the Eastside in five years. The sellers of Centre 425, Bellevue-based developer Schnitzer West, said the transaction also set an all-time record for a Bellevue commercial property sale on a price-per-square-foot basis: $877 per rentable square foot   Read More ...
Categories: Real Estate | 
Tags: Real Estate Markets | 
Places: Americas |  North America |  United States |  Price |  Bellevue | 
Cuyahoga County to fine landlords who fail to register rental properties
CLEVELAND, Ohio - Cuyahoga County plans to impose fines of up to $150 to landlords who do not register their rental properties. The move is expected to generate $3 million next year for the cash-strapped county, officials said. The amount will decline in future years because owners only need to register their properties one time. Here's what you need to know   Read More ...
Categories: Real Estate | 
Tough housing market awaits California wildfire victims
PETALUMA, Calif. | As firefighters gain on wildfires burning in Northern California’s wine country, the many thousands who lost their houses, condos and apartments in those fires will have to find a new place to live in one of the toughest housing markets in the nation. In San Francisco, an average one-bedroom apartment rents for more than $3,000 a month and the median home price is about $1   Read More ...
Categories: Real Estate | 
Tags: Real Estate Markets | 
Protecting renters, not landlords, the right call for Portland: Guest opinion
By MARGOT BLACK AND STEVEN GOLDBERG. But numbers are not the same thing as facts and rarely tell the whole story on their own. While acknowledging the stories of staggering rent hikes, the Oregonian otherwise completely dismissed the compelling evidence in support of the relocation policy offered by attorneys, landlords, developers, policy makers, community leaders, and service providers. To ignore these stories and instead rely on a single unverified and decontextualized data point to make a case that the relocation policy may be doing more harm than good is grossly irresponsible   Read More ...
Categories: Real Estate | 
Tough housing market awaits California wildfire victims
The many thousands who lost their houses, condos and apartments in wildfires burning in Northern California will have to find a new place to live in one of the toughest housing markets in the nation.   Read More ...
Categories: Real Estate | 
Tags: Real Estate Markets | 
Tough Housing Market Awaits California Wildfire Victims
PETALUMA (AP) – The many thousands who lost their houses, condos and apartments in wildfires burning in Northern California will have to find a new place to live in one of the toughest housing markets in the nation. In San Francisco, an average one-bedroom apartment rents for more than $3,000 a month and the median home price is about $1.5 million   Read More ...
Categories: Real Estate | 
Tags: Real Estate Markets | 
Places: Americas |  North America |  United States |  West |  Pacific |  California |  North California |  San Francisco | 
Tough housing market awaits California wildfire victims
PETALUMA, Calif. (AP) — As firefighters gain on wildfires burning in Northern California's wine country, the many thousands who lost their houses, condos and apartments in those fires will have to find a new place to live in one of the toughest housing markets in the nation. In San Francisco, an average one-bedroom apartment rents for more than $3,000 a month and the median home price is about $1   Read More ...
Categories: Real Estate | 
Tags: Real Estate Markets | 
Tough housing market awaits California wildfire victims
PETALUMA, Calif. (AP) — The many thousands who lost their houses, condos and apartments in wildfires burning in Northern California will have to find a new place to live in one of the toughest housing markets in the nation. In San Francisco, an average one-bedroom apartment rents for more than $3,000 a month and the median home price is about $1   Read More ...
Categories: Real Estate | 
Tags: Real Estate Markets | 
Tough housing market awaits California wildfire victims
PETALUMA, Calif. (AP) - The many thousands who lost their houses, condos and apartments in wildfires burning in Northern California will have to find a new place to live in one of the toughest housing markets in the nation. California also has a statewide housing shortage that the governor and legislature have been trying to address. That shortage got even greater with the 6,000 homes and businesses lost in the fires   Read More ...
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Tags: Real Estate Markets | 
Places: Americas |  North America |  United States |  West |  Pacific |  California |  North California | 
Tough housing market awaits California wildfire victims
PETALUMA, Calif. (AP) — The many thousands who lost their houses, condos and apartments in wildfires burning in Northern California will have to find a new place to live in one of the toughest housing markets in the nation. In San Francisco, an average one-bedroom apartment rents for more than $3,000 a month and the median home price is about $1   Read More ...
Categories: Real Estate | 
Tags: Real Estate Markets | 
Tough housing market awaits California wildfire victims
PETALUMA, Calif. (AP) - The many thousands who lost their houses, condos and apartments in wildfires burning in Northern California will have to find a new place to live in one of the toughest housing markets in the nation. In San Francisco, an average one-bedroom apartment rents for more than $3,000 a month and the median home price is about $1   Read More ...
Categories: Real Estate | 
Tags: Real Estate Markets | 
Petitioners prevail in Austin Board of Realtors election
The Austin Board of Realtors will begin 2018 with seven newly elected directors who all campaigned on a platform of greater transparency for the 13,000-member organization. The seven new directors, whose terms start Jan. 1, include Austin real estate agents Cord Shiflet and Brian Talley, who the board had ousted on Aug. 2. In published reports, board CEO Paul Hilgers said they breached their fiduciary duty – an allegation Shiflet and Talley have said was untrue   Read More ...
Categories: Real Estate | 
Places: Americas |  North America |  United States |  Austin | 
Nitro council takes step in addressing city's "problem houses"
Nitro council members took the first step Tuesday night toward holding property owners responsible for illegal activity in residential properties. Council unanimously passed the first reading of an amendment to Article 1129 to hold property owners accountable if a residence is being used for prostitution, illegal gambling or drug trafficking. Council hopes this amendment will encourage property owners to keep their properties clean   Read More ...
Categories: Real Estate | 
Places: United States | 
California wildfires worsen strained housing market
SAN JOSE, Calif. — The deadly wildfires that roared through Sonoma and Napa counties last week, destroying thousands of homes, might also scorch the Bay Area’s already brutal housing market for months or years to come, experts warned Friday. An estimated 2,800 homes have been destroyed in the wind-whipped infernos in Santa Rosa alone, and a total of about 5,700 homes have been lost in Northern California – a catastrophe that potentially leaves several thousand people to determine whether to eventually resume living on their devastated properties or to move elsewhere   Read More ...
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Tags: Markets |  Real Estate Markets | 
Places: Americas |  North America |  United States |  Northeast |  New England |  Maine |  California |  North California |  Sonoma |  San Jose | 
Officials advise private property owners dealing with trespassers
CAPITAN, N.M. (KRQE) – Property owners facing off with hunters has become a growing problem in the state. Sometimes it gets heated, and in some cases it results in guns being drawn. The man, chasing antelope on an ATV, was eventually arrested thanks in part to the video. Property owners say they often have hunters and anglers either intentionally or accidentally wandering onto their property   Read More ...
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Places: Americas |  North America |  United States |  West |  Mountain |  New Mexico | 
Amid member fight, Hilgers leaving as CEO of Austin Board of Realtors
Paul Hilgers, CEO of the Austin Board of Realtors since 2013, will step down from the 13,000-member trade association effective Dec. 31, the board said Monday. The news comes amid an ongoing dispute between the organization and some of its members. A group of real estate agents, led by Austin Board of Realtors members Cord Shiflet, Brian Talley and Jonathan Boatwright, say the board lacks transparency and that its directors have been putting their own interests over that of its membership   Read More ...
Categories: Real Estate | 
Places: Americas |  North America |  United States |  Austin | 
London house prices tumble at fastest rate since fallout from financial crisis
London house prices are shrinking at a rate not seen since the aftermath of the global financial crisis. Flash data revealed Monday by Acadata and LSL Property Services showed that, on average, home prices in Greater London fell 2.7 percent in September when compared to the same month a year earlier — the biggest fall recorded since 2009. Acadata and LSL said it is only the third occasion in the last ten years that the annual percentage change in Greater London house prices has sat in negative territory   Read More ...
Categories: Business |  Real Estate | 
Places: Americas |  North America |  United States | 
Shortage of listings constrains Twin Cities housing market
A shortage of entry-level houses is putting a chill on the housing market in the Twin Cities. During September there were 5,311 closings, 7.3 percent fewer than last year and 19 percent fewer than the previous month. Pending sales, an indication of future closings, were also down. During the month buyers signed 4,751 purchase agreements, 1.7 percent than last year. “There’s no other way to say it: sentiment out there may be starting to change,” said Cotty Lowry, president of the Minneapolis Area Association of Realtors (MAAR)   Read More ...
Categories: Business |  Real Estate | 
Tags: Markets |  Real Estate Markets | 
Places: Americas |  North America |  United States | 
Czech Republic's hot property market is becoming a problem
PRAGUE (AP) — The Czech Republic's capital has the hottest residential property market in Europe, and it's becoming a problem. A 22 percent spike in prices over the past year is freezing out many locals from buying a home and the risk of a boom and bust in the market has forced the Czech Central Bank to step in to try to cool off demand   Read More ...
Categories: Business |  Real Estate | 
Tags: Markets |  Real Estate Markets | 
Places: United States |  Europe |  C. Europe |  Czech Republic | 
Czech Republic's hot property market is becoming a problem
PRAGUE (AP) — The Czech Republic's capital has the hottest residential property market in Europe, and it's becoming a problem. A 22 percent spike in prices over the past year is freezing out many locals from buying a home and the risk of a boom and bust in the market has forced the Czech Central Bank to step in to try to cool off demand   Read More ...
Categories: Real Estate | 
Tags: Real Estate Markets | 
Places: United States |  Europe |  C. Europe |  Czech Republic | 
Qatar deflation deepens as real estate market weakens
DUBAI (Reuters) - Qatar’s consumer price deflation deepened in September as a downturn in the real estate market deepened because of economic sanctions imposed by other Arab states, official data showed on Saturday. Consumer prices fell 0.5 percent from a year earlier last month, after a 0.4 percent drop in August that was the first fall since at least early 2015, when the current data series began   Read More ...
Categories: Business |  Real Estate | 
Places: Americas |  North America |  United States |  Asia |  Mideast |  Qatar |  United Arab Emirates | 
Crowdfunding your home
Is crowdfunding a new source of cash to help the housing market, or is it a too easy and risky way for homeownership without much “skin in the game?" Rick Sharga, Ten-X EVP and John Taylor, National Community Reinvestment Coalition, discuss.   Read More ...
Categories: Real Estate | 
Tags: Real Estate Markets | 
Places: Americas |  North America |  United States | 
Want to be a landlord? These are the top markets this fall for investing in rental homes
High prices and a tight supply of houses for sale are not exactly the best mix for homebuyers, but they're even worse for investors looking to become landlords. Sure, both tenant demand and rental returns are also high, but if the cost to get in is too high, the math doesn't work. The good news is, as always, all real estate is local, so while the national picture may look bleak, certain local markets still offer lucrative options   Read More ...
Categories: Real Estate | 
Places: Americas |  North America |  United States | 
Portland rally attacks rent stabilization ballot question
Over 100 people rallied Thursday in Lincoln Park in opposition to Question 1 on Portland’s municipal ballot, which would limit rent increases and strengthen protections for tenants. Landlords, contractors and real estate agents warned that the so-called rent stabilization measure being pushed by Fair Rent Portland would make landlords less willing to invest in their properties because it would limit their ability to increase rents while also making it more difficult for landlords to get rid of problem tenants   Read More ...
Categories: Real Estate | 
Places: Americas |  North America |  United States |  Northeast |  New England |  Maine | 
Keene landlords speak out against proposed disorderly houses ordinance
KEENE — City landlords pushed back against a proposed ordinance that would fine property owners for disorderly residences at the municipal services, facilities and infrastructure committee Wednesday night. The committee took up the proposed ordinance at the request of Mayor Kendall Lane, who suggested it during a recent City Council meeting at which the Keene Pumpkin Festival was discussed — which brought up the issue of disorderly Keene State College students at off-campus housing   Read More ...
Categories: Real Estate | 
Places: Americas |  North America |  United States |  Northeast |  New England |  New Hampshire | 
Forecast: California home prices will continue to rise in 2018
Home prices in California will continue to increase next year, but at a slower pace, said a forecast released Thursday by the California Association of Realtors. The median price of a home is expected to rise 4.2 percent in 2018 to $561,000, less than the expected 7.2 percent increase this year. While the forecast from the Realtor group did not include specific San Diego County estimates, researchers said the figures should be similar to the state total because Southern California represents the state’s biggest housing market   Read More ...
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Places: Americas |  North America |  United States |  California | 
How to buy your first home
How do I buy a home? --Alison The real estate market is soaring. But Millennials shouldn't feel pressure to get in on the action, according to financial experts. They're the largest group of homebuyers in the market today. Buying a home is one of the most -- if not the most -- significant purchases of your adult life. So, you'll want to make sure you're really ready   Read More ...
Categories: Real Estate | 
Tags: Real Estate Markets | 
Places: Americas |  North America |  United States | 
London luxury property is still glitzy for Middle East investors
The weak pound and falling prices are encouraging Middle East investors to continue to pour millions into London luxury real estate despite concerns about Brexit. "They love London," said Niccolo Barattieri di San Pietro, CEO of luxury property developer Northacre, which is owned by the Abu Dhabi Financial Group. "They want to send their kids there, they speak the language, they understand the legal system   Read More ...
Categories: Real Estate | 
Places: Americas |  North America |  United States | 
WMBF Investigates: City explains costly superblock property transfer
MYRTLE BEACH, SC (WMBF) - The city of Myrtle Beach is working to move its library and a children museum into what is known as the Superblock. It’s the area surrounded by Eighth Avenue North, Kings Highway, Ninth Avenue North and Oak Street. In order to make that move, the Myrtle Beach Downtown Redevelopment Corporation is buying out property owners in the area, first through a broker, now openly   Read More ...
Categories: Real Estate | 
Places: Americas |  North America |  United States |  Myrtle Beach | 
Would you purchase a haunted house? Realtor.com survey finds some are willing
Can you imagine sleeping in a room where there was a murder? Or hearing footsteps when no one is there? While the majority of people would say no, some brave homebuyers are willing to put up with otherworldly houseguests as long as the price is right, according to Realtor.com's Haunted House Real Estate Survey. The survey of 1,000 people found that a little over 30% of people said they are open to living in a haunted house, 25% might be and 42% said they would not consider it (we're with you   Read More ...
Categories: Real Estate | 
Places: Americas |  North America |  United States | 
Embattled Daytona Beach landlord is more than halfway to being violation-free
Embattled Daytona Beach landlord Jack Aberman, who has been heavily criticized by some for his rental properties, has remedied more than half of his code violations. Read m.   Read More ...
Categories: Real Estate | 
Places: Americas |  North America |  United States |  American South |  Atlantic |  Florida |  Volusia |  Daytona Beach | 
Bidding wars in September: Fevered Portland homebuyers pay more than asking price (photos)
In Portland's hot real estate market, modest homes are entered in bidding wars. Our study of 2016 real estate transactions showed that residential properties were going quickly for up to almost double the asking price. Many homes in 2017 are selling fast and for more than what the owners hoped for, as seen in past slideshows showing over-the-top examples in January, February, March, April, May, June, July and August   Read More ...
Categories: Real Estate | 
Tags: Real Estate Markets | 
Landlord files eviction notice against ‘Los Imperios’ restaurant and lounge
WEST HARTFORD — The landlord of the building that houses the “Los Imperios” restaurant has filed an eviction notice against the facility. The restaurant and lounge in West Hartford is already facing several legal cases. The most recent one is on behalf of the landlord of 904 Farmington Ave., where they are asking that the restaurant and lounge vacate the area due to failure to pay rent   Read More ...
Categories: Real Estate | 
Places: Americas |  North America |  United States | 
BRIEF-Columbia Property Trust buys 2 fully leased Class-A office properties for $514 mln
Oct 11 (Reuters) - Columbia Property Trust Inc * Columbia Property Trust - purchased two fully leased Class-A office properties in New York’s Chelsea submarket from New York Reit (NYRT) for $514 million * Columbia Property Trust Inc - acquisition does not involve Columbia’s recently initiated joint venture with Allianz Real Estate Source text for Eikon: Further company coverage:   Read More ...
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Tags: Real Estate Markets | 
Places: Americas |  North America |  United States |  New York | 
West Hartford bar gets eviction notice, continues to remain on p
A West Hartford bar that was deemed a nuisance by both its neighborhood and police was served an eviction notice on Tuesday. Los Imperios was supposed to be off the property on Farmington Avenue in September, according to the landlord. Judicial records show that the notice of eviction was accepted. However, the landlord said the business has yet to vacate. It has not paid rent since May   Read More ...
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Places: Americas |  North America |  United States |  Hartford |  West Hartford | 
BRIEF-Columbia Property Trust expands in Washington D.C. with acquisition of 1800 M Street
Oct 11 (Reuters) - Columbia Property Trust Inc * Columbia Property Trust expands in Washington, D.C. with acquisition of 1800 M Street * Columbia Property Trust Inc - deal for $421 million * Columbia Property Trust - co, along with JV partner Allianz Real Estate, announced acquisition of office building in Washington, D.C. * Columbia Property - co to take   Read More ...
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Tags: Real Estate Markets | 
Places: Americas |  North America |  United States |  D.C. | 
Landlord Attempting to Evict Los Imperios in West Hartford: Court Documets
The owners of Los Imperios in West Hartford have not paid their rent since May and now the landlord is trying to evict them, according to court documents. In the complaint, Lisaraj, LLC, the owner of the property where Los Imperios resides at 904 Farmington Avenue, claims that owners Ernesto Leon and Guillermino Marquez signed a 5-year lease from Aug. 1, 2014 through July 31, 2019   Read More ...
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Places: Americas |  North America |  United States |  Northeast |  New England |  Connecticut |  Hartford |  Hartford |  West Hartford | 
Long & Foster buys boutique real estate firm in Midlothian
Long & Foster Real Estate is expanding in the Richmond area, acquiring Jefferson Properties, a real estate firm in Midlothian. Jefferson Properties and its nearly 30 agents, including founders Joan Dorsey and Lisa Kunz, joined the Long & Foster team at its Bellgrade office in Midlothian, effective Tuesday. A total of 90 real estate agents are now affiliated with that office   Read More ...
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