Posts filtered by tags: Real-estate[x]


 

Are agents getting kickbacks for mortgage, escrow referrals?

What’s up with mortgage rates? Jeff Lazerson of Mortgage Grader in Laguna Niguel gives us his take. Rate news summary From Freddie Mac’s weekly survey:  The 30-year fixed averaged 4.28 percent, down 3 basis points to the lowest average since Feb. 1, 2018. The 15-year fixed rate averaged 3.71 percent, down 5 basis points from last week. The Mortgage Bankers Association reported a 1.6 percent increase in loan application volume from the previous week. Bottom line: Mortgage payments now are lower t...
Tags: Business, Real Estate, California, Housing, Los Angeles, Sport, Soccer, Mortgage, Feb, Freddie Mac, Dre, FHA, Laguna Niguel, Horn, Orange Counties, the Mortgage Bankers Association


Buy This Italian Villa for $66

If you’re tired of AirBnB, here’s another option: Buy your own vacation home. One man (with a major real estate problem) is offering up his furnished Italian villa in a raffle with an entry fee of 50 euros (that’s $66 USD), no strings attached.Read more...
Tags: Home, Real Estate, Free, Italy, Lifehacks, Villa, Free Things


Guesty, a tech platform for property managers on Airbnb and other rental sites, raises $35M

The growth of Airbnb — and likewise other platforms like Booking.com, VRBO and Homeaway for listing and renting short-term accommodation in private homes — has spawned an ecosystem of other businesses and services, from those who make money renting their homes, to cleaning companies that make properties “Airbnb-ready”, to those who help design listings that will get more clicks. Airbnb has seen some wild success so far, but it turns out that being a part of that ecosystem can be a lucrative busi...
Tags: Travel, TC, Europe, Real Estate, Collaborative Consumption, Funding, New York City, Tech, Accommodation, Brooklyn, Airbnb, Rentals, Homeaway, Vrbo, Soto, Koby


Review: Apple’s new iPad mini continues to be mini

The iPad mini is super enjoyable to use and is the best size tablet for everything but traditional laptop work. It’s very good and I’m glad Apple updated it. Using Apple Pencil is aces on the smaller mini, don’t worry about the real estate being an issue if you like to scribble notes or make sketches. It’s going to fall behind a larger iPad for a full time artist but as a portable scratch pad it’s actually far less unwieldy or cumbersome than an iPad Pro or Air will be. The only caveat? After...
Tags: Apple, Android, Ipad, Real Estate, Hardware, Tech, Ipads, Tablet Computers, Brazil, Apple Inc, Apple Pencil, Portable Media Players, Touchscreens, iOS 11


Ares Management PE Group buys CoolSys

CoolSys said March 21 that it was sold to the Private Equity Group of Ares Management Corp. Financial terms weren’t announced. Management is investing. CoolSys is a refrigeration and HVAC services company. PRESS RELEASE BREA, Calif.–(BUSINESS WIRE)–CoolSys, a parent of market-leading refrigeration and HVAC companies nationwide, announced today that is has been acquired by a fund managed by the Private Equity Group of Ares Management Corporation. CoolSys will continue to operate under its current...
Tags: Real Estate, Australia, Trends, Financial, North America, Southern California, Orange County Calif, PE Deals, Audax Group, Credit Private Equity, United States Europe Asia, BREA Calif, CoolSys, Adam Coffey, Industrial/Manufacturing, Ares Management PE Group


Morning Docket: 03.20.19

* "It’ll never happen. I guarantee it won’t happen for six years." Contrary to what Democratic presidential candidates are suggesting, President Trump doesn't want anything to do with expanding the size of the Supreme Court. [Reuters] * As it turns out, special counsel Robert Mueller was investigating Michael Cohen much sooner than he originally led on, and the Cohen probe was handed off to the S.D.N.Y. long before campaign-finance violations were even discovered. [Wall Street Journal] * Tha...
Tags: Real Estate, Crime, Supreme Court, Law, Donald Trump, Campaign Finance, Law Schools, Trump, Reuters, Cohen, Michael Cohen, National Law Journal, Robert Kraft, Robert Mueller, Georgetown Law, Georgetown University Law Center


Trudeau aims to help home-buying millennials with Canadian equity plan

The government will provide up to 10 percent funding for new homes and 5 percent for existing homes to reduce mortgage costs for low- to middle-income buyers.
Tags: Business, Real Estate, News, Trudeau


House prices see tiny gains as sales continue to decline, Realtors report

House prices fell in Orange County last month, the only local market in the region to see declines, a report by the California Association of Realtors shows. But price gains remained tepid throughout Southern California, a possible sign the region’s 6 1/2-year streak of steadily increasing values could be over. The median price of an existing Orange County house fell 1.6 percent year over year in February, decreasing to $792,500 from over $805,000 in February 2018, CAR reported Tuesday, March 19...
Tags: Business, Real Estate, Housing, Los Angeles, Sport, Soccer, Orange County, Riverside County, Southern California, Los Angeles County, San Bernardino County, California Association Of Realtors, Housing Data, Jared Martin, Top Stories LADN, Top Stories OCR


Christie Brinkley Swaps Rented Condos in Manhattan (EXCLUSIVE)

Word has slipped down the celebrity-property-gossip grapevine that Christie Brinkley and her pooch Chester have settled into a new and pricey rented apartment in New York City’s West Village that was last listed at $25,000 per month. Owned by a real estate investment concern and located on the higher floor of a swank, multi-building complex […]
Tags: Real Estate, New York City, Manhattan, Real Estalker, Chester, West Village, Christie Brinkley, Christie Brinkley Swaps Rented Condos


‘Grey’s Anatomy’ Showrunner Krista Vernoff Seeks Sale of Los Feliz Home (EXCLUSIVE)

Fresh on the heels of inking a multiyear deal with ABC to create and develop new projects under their Trip the Light Prods. banner, “Grey’s Anatomy” showrunner Krista Vernoff and producing partner/husband Alexandre Schmitt, an accomplished music video and commercial producer, have listed their solar-powered home in a quiet corner of L.A.’s Los Feliz area […]
Tags: Real Estate, Abc, Real Estalker, Grey, Grey's Anatomy, Los Feliz, Krista Vernoff, Los Feliz Home, Alexandre Schmitt


Home sales in Southern California have slowed to the lowest level since 2008

January is typically the slowest month for home sales. This year, sales statewide in the first month were the slowest of any month since April 2008. Has the real estate market cooled in California? Yes, since price gains have slowed. On the level There might be some good news for Californians stretching to buy a home. The statewide median home price declined to $538,690 in January. The statewide median price was down 3.4 percent from $557,600 in December and up 2.1 percent in January from a revi...
Tags: Business, Real Estate, News, California, Housing, California News, Los Angeles, Infographic, Sport, Soccer, Homes, Bay Area, Southern California, Los Angeles Orange, California Association Of Realtors, Jared Martin


iBuyer companies want to buy your Southern California home

Travis Page, owner of Clover’s Lawn Service, rakes leaves at an Opendoor house on Joltaire Way in Winchester in December. Opendoor became the fourth iBuyer to start operating in Southern California. Although iBuyers have been active since 2014, the online home-buying model didn’t reach Southern California until 2017. (Photo by Frank Bellino, contributing photographer) Southern California is relatively new to the iBuyer trend, which prefers markets with large expanses of cookie cutter tract ho...
Tags: Amazon, Business, Real Estate, Minneapolis, California, Housing, Oregon, Time, Los Angeles, Sport, Soccer, Arizona, Innovation, Long Beach, Kansas City, Seattle


What’s an iBuyer? These companies will buy your home quicker, but at what cost?

Travis Page, owner of Clover’s Lawn Service, rakes leaves at an Opendoor house on Joltaire Way in Winchester in December. Opendoor became the fourth iBuyer to start operating in Southern California. Although iBuyers have been active since 2014, the online home-buying model didn’t reach Southern California until 2017. (Photo by Frank Bellino, contributing photographer) Southern California is relatively new to the iBuyer trend, which prefers markets with large expanses of cookie cutter tract ho...
Tags: Amazon, Business, Real Estate, Minneapolis, Housing, Oregon, Time, Los Angeles, Sport, Soccer, Arizona, Innovation, Long Beach, Kansas City, Seattle, Riverside County


See which iBuyers are operating in Southern California

iBuyers — or companies that buy homes directly from owners — first surfaced in Southern California in January 2017, when RedfinNow paid $285,000 for a four-bedroom house in Hemet. Here’s a brief description of the five iBuyers now operating in the region. RedfinNow: Owned by Redfin.com, a discount brokerage, it has purchased at least 164 homes since January 2017 in San Diego, Riverside, San Bernardino, Orange and Los Angeles counties. Offerpad: The Arizona company has bought at least 94 homes s...
Tags: Business, Real Estate, Housing, Los Angeles, Sport, Soccer, Arizona, San Diego, Zillow, Redfin, Southern California, Inland Empire, Hemet, Paul Reddam, CashCall, Top Stories LADN


Brexit fears dampen spring property revival as asking prices fall

UK’s average asking price 0.8% lower than a year ago, says RightmoveBrexit anxiety has all but killed the traditional spring property revival, pushing down asking prices across the UK by 0.8% in the year to March, according to property website Rightmove.Inner London saw the sharpest falls, followed by boroughs across the rest of the capital and surrounding counties, as separate reports showed that Brexit uncertainty was also damaging UK exports and the broader economy. Continue reading...
Tags: Europe, Business, Real Estate, Politics, UK, London, House Prices, European Union, UK News, World news, Housing Market, Foreign Policy, Rightmove, Brexit


HOA Homefront: Drought’s over, must our cactus go, too?

Q: After my HOA approved my drought-tolerant design, they asked me to add ‘more and bigger plants’ which violates Civil section 4735(e). Are the regulations still in place after May 2017? And if they are in effect, who do I get in touch with to help me enforce them? — I.D., Vista A: Associations cannot ban drought-tolerant landscaping, as Civil Code 4735 still is in force. The part of that statute which no longer applies is part (c), which bars associations from penalizing members who let their ...
Tags: Business, Real Estate, California, Housing, Sport, Soccer, Rocklin, Jerry Brown, Hoa, Oceanside, Top Stories LADN, Top Stories OCR, Top Stories PE, Top Stories IVDB, Top Stories RDF, Top Stories Sun


It turns out Americans weren’t ready to become a nation of renters — homeownership is back

Homeownership rates rose from a low of 63 percent in the second quarter of 2016 to 64.6 in the fourth quarter of 2018, regaining all the ground it lost since 2014.
Tags: Business, Real Estate, News


Read the real estate tea leaves if you need to move (sell) the property

Hours of prospecting, client meetings, and presentations have resulted in a new assignment. Awesome! You’ve carefully scrutinized each sale and lease deal. You’re up to speed on your competition, touring each building with which you compete. Prepared is your owner. She understands the tax impact of a sale or the origination costs of a lease and is on board. All that’s left is to produce that glossy brochure, plant that sign, call the neighbors, and publish in the multiple listing service. Now th...
Tags: Business, Real Estate, Sport, Soccer, Commercial Real Estate, Buchanan, Allen, Lee Associates Commercial Real Estate Services, Top Stories LADN, Top Stories OCR, Top Stories PE, Top Stories IVDB, Top Stories RDF, Top Stories Sun, Top Stories Breeze, Top Stories LBPT


Sellers, be prepared for a home showing every day

With the spring market in full bloom, you may want to pull the trigger on getting your house sold to make your next move. This is the best time of the year for sellers. Demand is on the rise, and the average time it will take to sell a home is half of what it was just last January. If you decide to list your house, in addition to purging, cleaning, painting and staging, you may want to add a showing routine to your day. The last thing you want is to leave for work one day and get a call for a sh...
Tags: Business, Real Estate, Housing, Sport, Soccer, Top Stories LADN, Top Stories OCR, Top Stories PE, Top Stories IVDB, Top Stories RDF, Top Stories Sun, Top Stories Breeze, Top Stories LBPT, Top Stories WDN, Top Stories SGVT, Top Stories PSN


Zeus raises $24M to make you a living-as-a-service landlord

Cookie-cutter corporate housing turns people into worker drones. When an employee needs to move to a new city for a few months, they’re either stuck in bland, giant apartment complexes or Airbnbs meant for shorter stays. But Zeus lets any homeowner get paid to host white-collar transient labor. Through its managed ownership model, Zeus takes on all the furnishing, upkeep, and risk of filling the home while its landlords sit back earning cash. Zeus has quietly risen to a $40 million revenue...
Tags: Fundings & Exits, Startups, TC, Ecommerce, Apps, Real Estate, New York, Finance, Funding, US, San Francisco, United States, Venture Capital, Airbnb, Nfc, Mumbai


With King County home prices picking up, are we in for another brutal spring for buyers? Maybe not

Even with the recent uptick in prices, the local real-estate market remains much more balanced than it was in prior years, when sellers had all the power.
Tags: Business, Real Estate, News, Local News, King County


Tips to Save for your Dream Villa

Buying the first home might seem like a wishful fantasy especially if you have not saved enough. Although at first it may look far-fetched, you can practice some stringent measures and save a considerable amount within a short time. Investing in a home is one of the biggest investment decisions you will ever make in your life. Here are tips to help you save for your dream house Ascertain how much you need The first step is to determine the amount you need to save. The clarity will help you cre...
Tags: Real Estate, Marketing, Dubai, Uae, Emaar Properties, Emaar Arabian Ranches


The next frontier in real estate technology

Patricia Nakache Contributor Patricia Nakache is a general partner at Trinity Ventures. More posts by this contributor How Startups Are Making Real Estate Businesses More Efficient Fighting Sexism In Silicon Valley John Lin Contributor John Lin is an associate partner at Trinity Ventures supporting investments in developer tools, artificial intelligence and real estate. From ente...
Tags: Column, Real Estate, New York, Tech, Property, Silicon Valley, Airbnb, WeWork, Zillow, Trulia, Trinity Ventures, Chan Zuckerberg Initiative, Affordable Housing, Ollie, Loopnet, Zillow Trulia


Client gets new mortgage after failing to pay 2nd for eight years

What’s up with mortgage rates? Jeff Lazerson of Mortgage Grader in Laguna Niguel gives us his take. Rate news summary From Freddie Mac’s weekly survey:  The 30-year fixed averaged 4.31 percent, down 10 basis points to a 13 ½-month low. The 15-year fixed rate averaged 3.76 percent, down 7 points from last week. The Mortgage Bankers Association reported a 2.3 percent increase in loan application volume from the previous week. Bottom line: Assuming a borrower gets the average 30-year fixed rate on ...
Tags: Business, Real Estate, Housing, Los Angeles, Sport, Soccer, Mortgage, Orange, Irs, Southern California, Freddie Mac, FHA, Newport Beach, Michael Nicastro, Nicastro, Laguna Niguel


New home sizes are shrinking to keep prices down, survey shows

New houses in American are getting smaller again, in part to keep prices more affordable, a top researcher for the National Association of Home Builders reported recently. After peaking at almost 2,700 square feet in 2015, the average size of a newly built single-family home shrank in 2018 to just under 2,600 square feet, the NAHB analysis of preliminary U.S. Census data showed. Meanwhile, separate NAHB surveys showed most home shoppers still want a house in the suburbs. “Developers are building...
Tags: Business, Real Estate, Home Improvement, Housing, Sport, Soccer, Las Vegas, Houzz, National Association of Home Builders, NAHB, Rose Quint, Top Stories LADN, Top Stories OCR, Top Stories PE, Top Stories IVDB, Top Stories RDF


US average mortgage rates fall; 30-year at 4.31 percent

WASHINGTON (AP) — U.S. long-term mortgage rates fell this week, with the benchmark 30-year home loan reaching its lowest level in more than a year as a potential inducement to homebuyers. Continued uncertainty over Britain’s scheduled departure from the European Union suppressed interest rates on U.S. Treasury bonds and consequently mortgage rates. Mortgage buyer Freddie […]
Tags: Business, Real Estate, News, Washington, US, European Union, Ap, Britain, U S Treasury


Rent costs in Los Angeles, Orange counties rising at fastest pace in 11 years

Tenants in Los Angeles and Orange counties were hit with the fastest rate of rent inflation in 11 years in February, according to the local Consumer Price Index. L.A.-O.C. rents, by CPI math, rose at a 5.5 percent annual pace last month. My trusty spreadsheet gave me five ways to show just how big that is … 1. It’s the biggest uptick since rents jumped 5.9 percent in January 2008. 2. It’s far above February’s regional inflation rate for all goods and services, which rose at a 2.5 percent annual ...
Tags: Business, Real Estate, Housing, Los Angeles, Atlanta, Sport, Economy, Soccer, Bureau of Labor Statistics, San Diego, Inflation, Orange, San Bernardino, Riverside, Los Angeles Orange, Top Stories LADN


Brookfield-Oaktree merger would create $475 billion investment giant

By Gillian Tan and Scott Deveau, Bloomberg Brookfield Asset Management has agreed to buy a majority stake in Oaktree Capital Group, a combination that would rival Blackstone Group as the world’s largest alternative money manager. Brookfield will acquire a 62 percent stake in Oaktree in a cash and stock deal worth roughly $4.7 billion, the companies said Wednesday in a statement. The firms together will have about $475 billion of assets under management and $2.5 billion of annual fee-related reve...
Tags: Business, Real Estate, New York, Wall Street, Toronto, Los Angeles, Sport, Canada, Soccer, Brookfield, Blackstone, Flatt, GGP, Commercial Real Estate, Blackstone Group, Johnson Controls


Meet the 19 startups in AngelPad’s 12th batch

AngelPad just wrapped the 12th run of its months-long New York City startup accelerator. For the second time, the program didn’t culminate in a demo day; rather, the 19 participating startups were given pre-arranged one-on-one meetings with venture capital investors late last week. AngelPad co-founders Thomas Korte and Carine Magescas did away with the demo day tradition last year after nearly a decade operating AngelPad, which is responsible for mentoring startups including Postmates, Twitte...
Tags: Apple, Amazon, Startups, Accelerator, Twitter, Utah, Japan, Real Estate, Berlin, New York City, Los Angeles, San Francisco, Tech, Adidas, Tesla, MoPub


Chancellor offers £3bn fix for Britain's 'broken housing market'

Philip Hammond’s spring statement includes funding to build 30,000 affordable homesA new £3bn scheme will fund the building of 30,000 affordable homes, the chancellor has said, as he proclaimed that the government was on track to reach its target of 300,000 new homes a year in Britain.Philip Hammond’s spring statement also contained a patchwork of separate schemes to boost housebuilding, including £717m to “unlock up to 37,000 homes” in the Oxford-Cambridge arc, Cheshire and west London. Continu...
Tags: Business, Real Estate, Politics, London, Housing, UK News, Housing Market, Homelessness, Britain, Social exclusion, Philip Hammond, Cheshire, Oxford Cambridge, Spring statement 2019