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Eco-Friendly Homes Take Over California’s Real Estate Market | first tuesday diary

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Jump off the market faster, and at a higher price – homes with environmentally conscious features make a real estate agent’s job easier. The biggest motivations for eco-friendly living are: A win-win scenario for those looking to limit waste and also reduce costs. Making energy improvements can reduce utility costs by 25% on average, according to the U.S. Department of Energy. For sellers, homes with an official energy efficiency rating also sell for 2.7% more on average, according to a Freddie Mac study. “Going green” does increase return value, but it is also a critical practice to reduce one’s carbon footprint. Energy auditsRead News

Real estate market showing signs of cooling

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PALM BEACH COUNTY, Fla. — Real estate experts say signs show the housing market has cooled. “The longer the sales period, the fewer properties that sell during the sales period, the lower the number of foreclosures,” said Ken Johnson of the real estate program at Florida Atlantic University. Realtors say they see it too. “A couple of months ago you had an open house and 50 to 100 parties were going, now it’s 5 to 7 parties,” said Anthony Salerno of Prime Home Realty in Wellington. But as sales seem to be slowing, in part because of rising mortgage rates,Read News

Fifth Wall closes half a billion dollar climate fund for global real estate decarbonization

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Brendan Wallace, co-founder and managing partner of Fifth Wall in their Manhattan office. Fifth Wall, a venture capital firm focused on real estate technology, is tripling its bet that climate technology will become an integral driver of the real estate industry. It just announced half a billion dollar pledges to close its inaugural climate fund, which launched last August with $116 million. It is the largest private fund created specifically to decarbonise the real estate sector, the company said. According to the United Nations Environment Program Finance Initiative, nearly 40% of global carbon dioxide emissions come from real estate. AboutRead News

Letter to the Editor: Should real estate brokers offer their employees a 401k plan? | first Tuesday magazine

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Question: Are California real estate agents required to offer their employees access to 401k plans? Answer: Most brokers are not required to offer 401k plans to their employees. However, effective June 30, 2022, brokers with five or more employees must offer their employees 401,000 plans. California employers are required to provide access to a retirement plan if they have five or more employees. [Calif. Government Code §100000(d)] If the number of employees fluctuates, the requirement is based on the average number of people employed in the previous calendar year. [Calif. Code of Regulations §10001(a)] But are real estate agents consideredRead News

Stay on the straight and narrow with these real estate compliance tips first tuesday journal

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Real estate compliance consultant and former California Department of Real Estate (DRE) investigator, Summer Goralik, offers six tips for staying in compliance with real estate laws. Visit the original post on her Expert DRE Compliance blog. If you are a real estate licensee, let’s talk shop for a moment. The California Department of Real Estate does not care about your financial success. They only care about your compliance. And in my opinion, compliance means more now than ever. When I worked at DRE as an investigator in 2008, I had complaints a mile high. I was forced to prioritize cases,Read News

Seattle real estate startup Flyhomes cuts 20% of staff due to ‘uncertain financial situation’

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Flyhomes is the latest technology startup to cut jobs. The Seattle real estate company has laid off nearly 20% of its workforce, a spokesperson confirmed to GeekWire. The company did not provide an updated head count. It has 763 employees, according to LinkedIn. One of the workers said that 200 workers were laid off. Tech companies in a variety of industries are laying off jobs or freezing hiring to control costs amid the current recession. Rising interest rates are affecting home sales in the United States, forcing real estate companies like Flyhomes and others to cut headcount. Flyhomes cited theRead News

Blackstone puts the finishing touches on a record-breaking real estate vehicle

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Blackstone Inc. is in the final stages of raising a new real estate fund that would set a record as the largest vehicle of its kind, defying market volatility and a crowded fundraising landscape. The private equity giant said in a regulatory filing on Wednesday that it had closed commitments totaling $24.1 billion to Blackstone Real Estate Partners X, the latest iteration of its flagship real estate fund.

Stock market activity ‘indicator’ of what will happen in the real estate market: Expert

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Luxury real estate agent Katrina Campins claimed on Wednesday that “the stock market will be an indicator of what is happening in the real estate market.” The stressed customers of the Campins Company founder have been affected by the stock market, which “has seeped into the real estate market.” Markets have experienced volatility in recent months in the midst of the uncertain economic picture, as inflation is at a fresh high for 40 years and as the Federal Reserve has raised interest rates as a way of trying to curb price increases. “Some people claim that the stock market isRead News

China’s homebuyers are running out of patience with the downturn in real estate

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Chinese real estate developers, including the highly indebted Evergrande, have built a business that relies on selling homes before they are finished. The picture here is of the Evergrande development in Beijing on January 6, 2022. Bloomberg | Bloomberg | Vadivelu Comedy Getty Images BEIJING – China’s real estate market desperately needs a boost in confidence, analysts said, after reports of homebuyers suspending mortgage payments rocked banking stocks and raised concerns of a systemic crisis. The size of mortgages is not as problematic as the impact of recent events on the demand and prices of one of China’s largest financialRead News

Real estate matters: 28.6.2022

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Published: Jul 21, 2022 at 5:46 AM EDT|Updated: 2 hours ago PRESQUE ISLE, Maine (WAGM) – Real Estate Matters features information, advice and discussion about making the transaction of buying and selling Real Estate as smooth as possible thanks to insights from Fields Realty LLC. realtor Stephanie Fields. Copyright 2022 WAGM. All rights reserved.

Maine’s real estate boom is making it harder for pianos to get into the mud flats

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It is not easy to be a climber. The soft-shell mussel fishery – the second most valuable fishery in the state last year – is facing increasing pressure during climate change and is being plucked apart by the invasive green crab. But a new problem has emerged in the last two years as the pandemic ignited a property explosion along the Maine coast: it’s getting harder for mussel diggers to get to the tidal flats at all to make a living. Clammers up and down the coast report that access points to the mud are rapidly disappearing as new peopleRead News

Why is there so much hype in real estate investing?

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by dr. James M. Dahle, founder of WCI I’ve never been a big fan of ‘hype’. I’m quite a dull, quiet person in that regard, but I believe that good investing is generally boring investing. My excitement in life comes from exploring the world, climbing, diving and other fun activities – not my portfolio. As a general rule, when investing is exciting and exciting, you run a high risk of losing money. Those who want to make it exciting usually sell something. When an investor first encounters the real estate investing world, they are often surprised by the amount ofRead News

Austin’s real estate sector is “getting closer” to normal as the market shows signs of stabilizing

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Knock on wood — real estate professionals say Austin’s housing market is showing signs of stabilizing as local inventory hits two months for the first time since 2019. Austin Board of Realtors CEO Emily Chenevert said after two years of pandemic prices, “we’re making progress toward something that seems more normal,” during the 2022 Central Texas Housing Summit — which brought together industry professionals and economists — on Tuesday. . However, housing is one of Austin’s biggest rewards despite a diverse local economy, growing infrastructure investment, multiple nearby universities and a healthy job market. Stable housing is falling in tandemRead News

Should you rent or buy a house? Use the ‘BURL’ rule to avoid financial remorse, says the real estate investor

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When it comes to maximizing your lifestyle and net worth, the “should I rent or buy” question is one of the most debated. Even if you already have your own home or apartment, it’s a good idea to regularly think about whether living there is the optimal move. Borrowing to buy is always a gamble. But if you go this route, your goal would be to use the debt to live a better life than you could afford if you had to pay in cash. The first few years after taking out a home equity loan are generally the riskiest.Read News

Chinese home buyers are losing patience with the housing slump

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Chinese real estate developers, including the highly indebted Evergrande, have run a business that relied on selling apartments before they were completed. Pictured here is an Evergrande development in Beijing on January 6, 2022. Bloomberg | Bloomberg | Getty pictures BEIJING – China’s real estate market desperately needs a boost in confidence, analysts said, after reports of homebuyers stopping mortgage payments shook bank shares and raised concerns about a systemic crisis. The size of mortgages is not as worrying as the impact of recent events on demand and prices for one of China’s largest financial assets: housing. “It is crucialRead News

When You Can Expect to Access the Additional CE Required to Renew Your California Real Estate License | Magazine for the first Tuesday

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This article covers the California Department of Real Estate (DRE’s) timeline for the availability of upcoming Implicit Bias courses and restructured Fair Housing courses that include Access for All: A Fair Housing Game ™. New continuing education (CE) requirements for real estate licensees Real estate agents and brokers who expire after 2022 will soon find themselves learning some new and innovative course content. Passed at the end of 2021, Senate Bill (SB) 263 requires two hours of implicit bias training to be entered into continuing education (CE). Furthermore, the mandated three -hour Fair Housing (or Survey) renewal course has beenRead News

What is Real Estate Equipment?

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At Bankrate we strive to help you make smarter financial decisions. While we adhere to tight , this post may contain references to the products of our partners. Here is an explanation for it You have questions about money. Bankrate has answers. Our experts will help you manage your money for more than four decades. We continually strive to provide consumers with the expert advice and tools necessary to succeed throughout life’s financial journey. Bankrate follows a strict editorial policy, so you can be confident that our content is honest and accurate. Our award-winning editors and journalists create honest andRead News

Denver’s real estate market is changing, quite a bit

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With home sales expected to be down 2.7% year over year, Denver’s real estate market is showing the first signs of slowing down. Yes, but: Home prices are still up 14.4% as of May 2021. Why it matters: We keep hearing about the market crashing, but so far, local data doesn’t support that claim. Data: Redfin; Chart: Kavya Beheraj/Axios What’s happening: From May 2021 to May 2022, new listings in Denver were up 6.2% and pending sales were down 2.7%. Zoom out: Nationally, mortgage requests were down 24%, and 6.5% of sellers dropped their asking prices each week in JuneRead News

Farm Capital Tax

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Many people know the basics of capital gains tax. Gains from the sale of personal or investment property held for more than one year are taxed at favorable rates of capital gain of 0%, 15% or 20%, plus an investment tax of 3.8% for people with higher incomes. Compare this to the proceeds from the sale of personal or investment property held for a year or less, which are taxed at ordinary income rates of up to 37%. But there are many exceptions to these general rules, with some important exceptions that apply to residential real estate. The residential realRead News

Pangea Real Estate is facing lawsuits as tenants claim rodent infestation, mold and insufficient heating

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AUSTIN – Tenants living in buildings managed by Pangea Real Estate are suing the company, alleging rodent infestations, safety issues and insufficient winter heating have not been addressed despite repeated complaints. The group of 14 tenants opened a lawsuit on Monday to demand classic action status against Pangea. She is seeking compensation for “deceptive and illegal business practices,” according to the lawsuit. Pangea is one of the city’s largest real estate companies, with more than 13,000 apartments between Chicago, Baltimore and Indianapolis. The federal complaint alleges Pangea knowingly chooses not to fix serious maintenance issues to boost profits, leaving tenantsRead News

Real Estate Report: The house in Berkley’s Cranberry Estates sells for more than $ 800,000

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TAUNTON — A colonial at the relatively new Cranberry Estates development in Berkley sold for more than $800,000 last month. The 2,200-square-foot home has three bedrooms, three bathrooms and bright spaces with nine-foot ceilings. It was built in 2010 on Cranberry Lane on Berkley Street. It sold on June 27 for $825,000, which was $25,000 above its listing price, according to real estate and mortgage data firm The Warren Group. Features and upgrades include granite countertops, custom cabinetry and a center island in the kitchen, hardwood floors, and a marble fireplace with ceramic-finish pellet stove insert, Outside there is aRead News

9 Ways to Invest in Retirement Real Estate

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Investing in real estate is one of the oldest forms of investment and many people consider it a safe investment compared to other more volatile investments such as stocks. This is because traditional real estate investing, i.e. buying a rental property, provides more stability than the stock market. When you buy a house or apartment for rental, you don’t have to worry about the value going up and down every day. Instead, you can expect your money to grow steadily over time as long as you invest in real estate that provides cash flow and appreciates in value. While thereRead News

Softening Real Estate Market Offers Great Opportunity for Investors

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After one of the most dramatic real estate bulls in recent history, the housing market has taken a striking turn in recent months. More indicators point to a weakening real estate market, meaning patient investors who have waited for the hot market since the start of the pandemic could be richly rewarded in the near future. Fewer mortgage applications, more price reductions, and a lower anticipated home price growth all point to a softening in the market A recent indicator increasingly pointing to a slowing housing market is the New York Fed’s Survey of Consumer Expectations. The latest statistics fromRead News

Worcester County Real Estate Transfer, Sunday, July 17

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Athol $ 454,000, 154 White Pond Rd, Colo, Kevin W and Billings, Arthur E, to Busby, Stacey and Busby, Robert. $ 415,000, 1764 Pleasant St, Rocha, Marcelo and Rios-Nieves, Vanessa, a Molina, Jessica and Martinez-Marrero, Jose. $ 270,000, 337 Crescent St, Baron, Danielle and Gosson, James, a Maki, Noah C and Martioski, Lisa A. $ 242,000, 91 Brown St, Esmerlin-Garcia, Harlen, a Mcinerney, Darren P, and Mcinerney, Terry J. $ 125,700, 837 Partridgeville Rd # 2D, Matthews Renee J East and Matthews, Michael C, in Dortch, Preston and Chalfin, April. $ 20,000, 407 Pequoig Ave, Johnson, Terri M, to Johnson,Read News

China is stepping up loan support work for developers in the midst of a mortgage boycott

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A woman walks near a construction site of apartment buildings in Beijing, China July 15, 2022. REUTERS/Thomas Peter SHANGHAI/BEJING, July 18 (Reuters) – Chinese regulators stepped up efforts to encourage lenders to lend for qualifying real estate projects as the troubled real estate sector faced new risks from a widening mortgage payment boycott for unfinished homes. The China Banking and Insurance Regulatory Commission (CBIRC) told the industry’s official newspaper on Sunday that banks should meet the financing needs of developers where appropriate. The CBIRC expressed confidence that with concerted efforts, “all difficulties and problems will be properly resolved,” China BankingRead News

Why I think this is the best real estate stock

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Real estate shares are sometimes referred to the “Widow and Orphans” section of investment accounts. They are typically low risk, low excitement savings and modest returns. At least they were, until the last few years, when real estate stocks first rose, thanks to simple money that fostered the increase in demand, only to then fall en masse. Many real estate stocks have fallen by 30% or more this year. This provides a great buying opportunity for investors. My favorite real estate stock is Medical Properties Trust (MPW 1.42%). Medical Properties is a niche REIT that owns and manages buildings forRead News

Diversifying Real Estate Investments into New Markets

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Peter GottliebPresident and CEO, Hobbs Brook Real EstateAge: 42Industry experience: 20 years Under its new CEO Peter Gottlieb, Hobbs Brook Real Estate is diversifying the geography and asset mix of its real estate portfolio. The Waltham-based developer has traditionally focused on the development of suburban office parks along Route 128, including 225 Wyman, a new 507,000-square-foot office-lab building in Waltham that is 96 percent leased to ElevateBio BaseCamp, Seqirus, Pegasystems and TIAA is. It is now expanding its investment criteria to other asset classes and markets in the US. Prior to joining Hobbs Brook, Gottlieb was senior vice president andRead News

Real estate transactions

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Pulaski County real estate transactions of $150,000 or more; deeds are recorded June 21-24. 2735 Villa Creek, LP to Maly Group, LLC., Pt SW SE 12-2N-13W, $2,562,000. PotlatchDeltic Real Estate, LLC., to Chenal Property Investors III, LLC., L6 Tract 1, Chenal Valley, $1,162,000. Cypress Bay Development, LLC., to CCA Phase 24 Partners, LLC., Pt NE SW & Pt NW SE 35-3N-13W, $1,135,920. PotlatchDeltic Real Estate, LLC., to Chenal Property Investors IV, LLC., L7 Tract 1, Chenal Valley, $1,033,929. John Blair Fitzgerald; Florence Rhea Fitzgerald Jones; Sidney Smith Fitzgerald; Charles Fitzgerald to NLR Dev Partners, LLC., Pt SE NE 3-2N-13W, $1,000,000.Read News

Have you been the victim of an online real estate theft?

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JACKSONVILLE, Fla. – With the real estate market the way it is, it’s no surprise that scammers are trying to take advantage of buyers and renters who are just looking for a place to live. And sometimes from unsuspecting property owners. RELATED: I-TEAM: Don’t be the next victim of a rental rip-off But there are red flags you can look for when searching popular real estate websites to help you avoid becoming a victim. When you see different prices: If the cost is lower than the same property listed on other websites, be careful. Send money: Don’t send money toRead News

Hiring the right real estate agent | News, sports, work

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When you establish a relationship with a real estate professional, you expect a perfect partner. Selling your home is like a short-term romance. It requires faith in the person you choose. It depends on your real estate agent for meaningful communication and timely feedback. You want to sell your home, so you have to trust them because they are your connection to achieve your goal. The real estate agent you choose is critical to your success in selling your home. Follow this guide to assist you in the selection process. If you have no idea how to find the rightRead News