Real estate news

• The top 10 commercial real estate sales of 2016 - The News-Press

  14-01-2017 23:26
  
  The News-Press
  The top 10 commercial real estate sales of 2016
  The News-Press
  Back in 2015, Lee County hadn't seen a new apartment complex in 10 years, when Channelside exploded onto the south Fort Myers landscape. The sale of that complex just a year after it opened kicked off 2016 with a record per-unit price of $169,231.and more »
  
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• Now on the Macy's Clearance Rack: Lots of Real Estate - Fox Business

  14-01-2017 21:41
  
  Fox Business
  Now on the Macy's Clearance Rack: Lots of Real Estate
  Fox Business
  With mall traffic declining steadily, department store giant Macy's (NYSE: M) is looking to downsize to a more defensible footprint. Back in August, the company announced plans to close about 100 stores. Last week, it identified about two-thirds of the ...and more »
  
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• Prices flat, sales up: The state of Dutchess real estate - Poughkeepsie Journal

  14-01-2017 21:27
  
  Poughkeepsie Journal
  Prices flat, sales up: The state of Dutchess real estate
  Poughkeepsie Journal
  To kick off 2017, Poughkeepsie Journal reporters are assessing the state of critical issues on their beats. In this story, reporter Bill Cary looks at the state of real estate in Dutchess County. On the beat. The Dutchess residential real estate market ...and more »
  
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• Rising seas threaten a jewel of Trump's real estate empire - The ... - The Boston Globe

  14-01-2017 21:20
  
  The Boston Globe
  Rising seas threaten a jewel of Trump's real estate empire - The ...
  The Boston Globe
  Neighbors of Donald Trump's Mar-a-Lago hope he recognizes the threats of rising seas before its too late for his century-old villa, as well as the planet.and more »
  
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• Old Cedar Rapids block 'under the gun' with casino, real estate shake-up - The Gazette: Eastern Iowa Breaking News and Headlines

  14-01-2017 17:05
  
  The Gazette: Eastern Iowa Breaking News and Headlines
  Old Cedar Rapids block 'under the gun' with casino, real estate shake-up
  The Gazette: Eastern Iowa Breaking News and Headlines
  CEDAR RAPIDS — A chain reaction of real estate transactions and a proposed casino on a downtown Cedar Rapids block intertwined with the early evolution of the city, particularly ties to the railroad, has historians concerned about the future.
  
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• The week in real estate industry deals: January 9-13 - Inman.com

  14-01-2017 12:17
  
  The week in real estate industry deals: January 9-13
  Inman.com
  While real estate agents chase leads and close deals on houses, there's another level of deal-making that takes place within the real estate industry: mergers, acquisitions, integrations and partnerships. We'll be recapping every week's noteworthy ...and more »
  
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• Square Footage Shrinks in Response to First-Time Homebuyers

  14-01-2017 06:03
  
  The average home built in 2016 was 2,634 square feet, smaller than homes built the year prior, per recent data by the U.S. Census Bureau. The downsize, according to the National Association of Home Builders (NAHB), is in response to first-time homebuyers.
  “The data on new home characteristics show a pattern,” says Rose Quint, assistant vice president for Survey Research at the NAHB. “2016 marked the end of an era that began in 2009 when homes got bigger and bigger with more ame
  
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• MBA: Mortgage Apps Rise, Refis Fall

  14-01-2017 06:01
  
  Mortgage applications rose 5.8 percent over the week, according to data gathered in the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey. The MBA’s Refinance Index grew 4 percent, as well, while the Purchase Index grew 45 percent.
  The refinance share of mortgage activity, however, decreased to 51.2 percent of total applications from 52.2 percent the previous week. The adjustable-rate mortgage (ARM) share of activity increased to 5.5 percent of total applicatio
  
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• Even High Earners Struggle to Save

  14-01-2017 06:00
  
  A considerable percentage of Americans lack the savings needed to cushion against a surprise expense, even with enough income to save, according to a recent report by Bankrate.com. Approximately 60 percent of those surveyed do not have enough savings for a $1,000 emergency room bill, though 41 percent plan to tap their savings for such an expense.
  “It’s not a matter of if, but when an unexpected expense will pop up,” said Jill Cornfield, Bankrate.com analyst, in a statement. &l
  
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• Sound Off: Concerns about a commercial real estate crisis? - SFGate

  14-01-2017 01:03
  
  SFGate
  Sound Off: Concerns about a commercial real estate crisis?
  SFGate
  A: Commercial buyers' goals differ vastly from the wants and needs of personal residence home buyers. For commercial purchases, investors look almost exclusively at what the “numbers” tell them. Will the capitalization rate and/or gross rent multiplier ...and more »
  
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