Monthly Archives: September 2013

At The Rent Board, New Tales Of The City

Judge: Rent Too High Candidate Goes on NY Ballot

This month, a flight attendant in a rent-controlled apartment petitioned for a decrease in rent because her landlord had failed to fix a leak in her bathroom ceiling, despite cutting a hole in it. During the hearing, her landlord, Martin Eng, called the tenant jealous and racist, and said he was being persecuted like Trayvon Martin. (He told me later, view site… You dont complain when youre paying such a low rent.) Outside the arbitration rooms, Koomas and the other counselors are something like the rent-law equivalent of Lucy in Peanuts cartoons, minus the five-cent tip jar: they advise more than nine hundred walk-ins a month on the byzantine rent ordinance. Landlords, too, come with tales of woe.
For the original version including any supplementary images or video, visit http://www.newyorker.com/online/blogs/currency/2013/09/at-the-rent-board-new-tales-of-the-city.html

The general election is Nov. 5. McMillan is a frequent fringe candidate, having also run for Senate. He said in 2010 he’d been encouraged to run for president but wouldn’t because he likes President Barack Obama.
For the original version including any supplementary images or video, visit http://abcnews.go.com/US/wireStory/judge-rent-high-candidate-nyc-ballot-20363276

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Script Of The Day: Wp Real Estate

Real estate sites are hard to build, maintain and extremely expensive if you want to hire an agency to build one for you. This is why when you find a good open source alternative, you should write down its name for later usage. So take a moment and write down WP Real Estate ‘s name, because the plugin covers all basic needs a real estate site might ever need, from easy listing management, image galleries, customizable property details, sidebar widgets and easy facility management. With the plugin taking care of all these complicated details, now you just blog have to do the rest of the work and waste countless of hours entering the listings’ content. WP Real Estate is available on the WordPress plugin repository, making it easier to install via WP’s built-in plugin installation tool.
For the original version including any supplementary images or video, visit http://news.softpedia.com/news/Script-of-the-Day-WP-Real-Estate-385010.shtml

Real Estate Investing Requires A New Way Of Thinking About Your Money

That collateral is worth 35 to 40 percent more than what they put out. A deed of trust is recorded to protect their claim. Imagine if you could buy a stock at 60 percent of its value with a guarantee that someone will pay you 12 to18 percent on your money or you get the stock at full value. I bet many of you are thinking those rates are criminal.
For the original version visit here including any supplementary images or video, visit http://www.washingtonpost.com/blogs/where-we-live/post/real-estate-investing-requires-a-new-way-of-thinking-about-your-money/2013/03/26/d0c6f0c0-956f-11e2-ae32-9ef60436f5c1_blog.html

Real Estate Investing: Risks and Benefits

The biggest issue with these is that most investors dont do even the most basic due diligence on the investment sponsor, and even if they want to its hard to do. Few investors, for example, review a sponsors credit report, detailed investing history and tax returns on past deals. Nor do most investors contact banks, check criminal or civil litigation histories or consult lawyers and others the sponsor has dealt with in past real estate deals. Benefits:You could get a fair return on investment for the risk. You wouldnt deal with management hassles, and the sponsor probably has more investment experience than you do.
For the original version including any supplementary images or video, visit http://homes.yahoo.com/news/real-estate-investing-risks-benefits-174527647.html

Are Rental Yields High Compared To Uk Interest Rates?

Are rental yields cheap compared to UK interest rates?

This means that in real terms rents are rising by in excess of 8% at the moment. This cannot continue we hear you cry! Unfortunately, at this moment in time the UK property sector, and especially the buy to let and private rental markets, are stuck in a very difficult situation. The supply of rental properties remains relatively flat across the UK but demand continues to rise in many areas of the country.
For the original baltimore property management companies version including any supplementary images or video, visit http://www.propertyforum.com/property-in-the-uk/are-rental-yields-high-compared-to-uk-interest-rates.html

Council approves new affordable rental housing in Southeast Vancouver

In addition, the Community Amenity Contributions from a third Council-approved project at 755-795 West 41st Avenue will invest $2.04 million in the Affordable Housing Fund and direct $1.79 million in new funding to child care spaces in the Cambie corridor. With over half of all Vancouver residents renting their homes and vacancy rates remaining near all-time lows, our city has a pressing need for more affordable rental housing especially for seniors, students, and young families, said Mayor Gregor Robertson. These new projects build on the Citys strong support for renters and help make Vancouver more affordable and livable for residents of all backgrounds. The 60 new rental units follow a record year in 2012 for new Vancouver rental housing, with 1,021 units being approved in 2012 after zero in 2008 and 2009. These projects target rents of $1250 and $1275 for a one bedroom apartment are considerably more affordable than average rents for similar new apartments in Vancouver ($1,517). The City is already on track to surpass the Housing and Homelessness Strategys 2014 goal for new secured market rental units by over 1,803 units. The approval of these projects continues City Halls consistent work to make housing more affordable in Vancouver and to support renters and residents in need.
For the original version including any supplementary images or video, visit http://www.vancouverobserver.com/city/council-approves-new-affordable-rental-housing-southeast-vancouver

Is There A Bubble In The U.k. Housing Market?

Housing Market? Tweet Email Play Sept. 25 (Bloomberg) Bank of America Merrill Lynch Fixed Income Strategist John Wraith discusses the U.K. Housing Market with Anna Edwards and Mark Barton on Bloomberg Televisions site web Countdown. (Source: Bloomberg)
For the original version including any supplementary images or video, visit http://www.businessweek.com/videos/2013-09-25/is-there-a-bubble-in-the-u-dot-k-dot-housing-market

Real Estate Brokerage Marcus & Millichap Files For $103.5 Mln Ipo

23 (Reuters) – Real estate brokerage Marcus & Millichap Inc filed with U.S. regulators to raise up to $103.5 million in an initial public offering of common stock. The national brokerage firm specializes in commercial real estate investment sales, financing, research and advisory services. It has more than 1,100 investment sales and financing professionals in 73 offices.
For home page the original version including any supplementary images or video, visit http://www.reuters.com/article/2013/09/23/marcusmillichap-ipo-idUSL4N0HJ3FI20130923

British Housing Market Shows Positive Growth In 2013

In fact, according to data from the ONS, the average UK house price has surpassed its peak just before the boom and is now touching 245,000. However, some dispute the figure and the top 10 house surveys show estimates of between 154,000 and 252,000 for the average price. The average house price in London varies between 300,000 and 500,000 according to such surveys. Of course, different surveys will come to different conclusions and prices as they gather and measure information differently. Some will only take private purchases into account, while others add buy to let tenants and others are based on estate agents asking prices and the prices posted on websites.
For the original version including any supplementary images or video, visit http://wallstreetsectorselector.com/2013/09/british-housing-market-move/

Housing market boosts confidence (From The Advertiser Series)

The improving housing market has helped boost confidence in the economy, according to a survey

But now those owners are energized by the price increases and eager to capitalize on the rebound. “They say, ‘OK, good, now it’s my turn,'” said Cathy Prenner, an agent for Campbell and Rosemurgy in Lighthouse Point. Statewide, the median price for existing homes hit this link $175,000, up 19 percent from a year ago, the Florida Realtors said. Sales increased 13 percent.
For the original version including any supplementary images or video, visit http://www.sun-sentinel.com/business/fl-august-home-prices-20130920-7,0,370292.story

Housing prices rise again

Palm Beach County home prices up 16 percent in August

Everyone except investors who rely on interest income. A Final Word On Tapering Even when the Fed actually begins to taper they will remain highly accommodative. In essence, they will not raise short-term interest rates for quite some time. Recently, when the Fed merely hinted that they might begin to taper, stocks sold off sharply. The conclusion is that our economy remains weak, stocks are highly sensitive, and investors must remain cautious. When will the Fed begin to taper?
For the original version including any supplementary images or video, visit http://www.forbes.com/sites/mikepatton/2013/09/19/the-effect-of-fed-tapering-on-the-economy-the-housing-market-and-stocks/

The Effect Of Fed Tapering On The Economy, The Housing Market And Stocks

Nearly three quarters (74%) of those surveyed in Northern Ireland said the housing market is “not good” or “not good at all”, as did 72% of those in the North of England. Meanwhile, negative feelings towards the employment market continued on a downward trend. Some 81% of consumers said the jobs market is “not good” or “not good at all”, marking a decrease from 82% in July and 87% in May.
For the original version including any supplementary images or video, visit http://www.theadvertiserseries.co.uk/news/national/news/10691185.Housing_market_boosts_confidence/?ref=mnnp

Improving Housing Markets Hit Record Highs

Housing prices rise again

Palm Beach County home prices up 16 percent in August

San Diegos market ranks 31st. Just over 80 percent of the 361 metros tracked by our index are showing consistent growth in three key measures of housing market strength prices, permits and employment, explained NAHB Chairman Rick Judson, a home builder from Charlotte, N.C. While there is still plenty of room for growth, this is an excellent indication of how the housing recovery has begun to take hold across more geographic areas. The dramatic increase in markets qualifying for the IMI in September was partly due to a recent improvement in the way that Freddie Mac measures home prices, noted NAHB Chief Economist David Crowe. Even so, the broadened list … continues to demonstrate the slow but steady gains that individual housing markets are making to bolster the national outlook. With every state now able to claim at least one county thats part of an improving metro, and 23 states having charted at least one new entry in September alone, prospective homebuyers have good reason to be encouraged by this news, said Kurt Pfotenhauer, vice chairman of First American Title Insurance Co.
For the original version including any supplementary images or video, visit http://www.utsandiego.com/news/2013/sep/21/tp-improving-housing-markets-hit-record-highs/

But more sellers are jumping into the market. There were 2,194 new listings last month, up 20 percent from a year earlier. Many homeowners decided against testing the market in recent years because they couldn’t get the prices they wanted. But now those owners are energized by the price increases and eager to capitalize on the rebound.
For the original version including any supplementary images or video, visit http://www.sun-sentinel.com/business/fl-august-home-prices-20130920-7,0,370292.story

Housing market boosts confidence (From Tewkesbury Admag)

The improving housing market has helped boost confidence in the economy, according to a survey

Patrick Foley, chief economist at Lloyds Bank, said the findings were “very encouraging”. He continued: “Increasing consumer sentiment may in time embolden consumers to spend, so helping to underpin the wider economic recovery. In turn, such spending would further help improve the outlook for growth and jobs.” A new high of 39% of consumers were feeling positive about the housing market, which has recently seen a surge in activity following Government schemes such as Funding for Lending which have improved mortgage availability and led to some lenders offering their lowest ever rates. House prices have also been back on an upward march in recent months, helping some home owners who have seen falls in the value of their property in recent years and who may have previously been stuck in negative equity. People living in Northern Ireland, which has seen some particularly sharp drops in house prices before more recent signs that prices are stabilising, were the most likely to be downbeat about the housing market. Nearly three quarters (74%) of those surveyed in Northern Ireland said the housing market is “not good” web site or “not good at all”, as did 72% of those in the North of England.
For the original version including any supplementary images or video, visit http://www.tewkesburyadmag.co.uk/news/national/news/10691185.Housing_market_boosts_confidence/?ref=mnnp

How Mom And Pop Real Estate Investors Can Compete With The Wall Street Big Boys

Sell Like The Cast of Million Dollar Listing: CRM For Real Estate Agents

Sell Like The Cast of Million Dollar Listing: CRM For Real Estate Agents image rsz million dollar listing

Here are some ways to find diamonds in the rough. Use bandit signs- these are those 18″x24″ corrugated plastic signs you see planted in the ground with wire stands. A simple message, handwritten in black marker does the trick. For finding properties use: I Buy Houses, Any Condition, Cash Call Tom 555-555-5555.
For the original version including any supplementary images or video, go to website visit http://www.huffingtonpost.com/dean-graziosi/how-mom-pop-real-estate-i_b_3958046.html

Be a Real Estate Millionaire: How to Build Wealth for a Lifetime in an Uncertain Economy

Real estate is (going) mobile The days of agents showing a house on Saturday and following up on Monday are over. As the real estate market continues to become more competitive, agents must adapt, too. The best way to do that is by taking advantage of a mobile CRM that way, agents can enter deal information quickly and shoot off a follow-up email seconds after meeting a prospective buyer. Now thats what I call service. Speaking of mobile CRM, there are a few items that you must check off when comparing tools: Look for a responsive design.
For the original version including any supplementary images or video, visit http://www.business2community.com/sales-management/sell-like-cast-million-dollar-listing-crm-real-estate-agents-0617409

Inland American Real Estate Trust, Inc. Announces Acquisition of Two Andaz Hotels Located in California and Georgia

For more information, please visit http://www.andaz.com . About Hyatt Hotels Corporation Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company with a proud heritage of making guests feel more than welcome. Thousands of members of the Hyatt family strive to make a difference in the lives of the guests they encounter every day by providing authentic hospitality. The Company’s subsidiaries manage, franchise, own and develop hotels and resorts under the Hyatt, Park Hyatt, Andaz, Grand Hyatt, Hyatt Regency, Hyatt Place and Hyatt House brand names and have locations on six continents. Hyatt Residential Group, Inc., a Hyatt Hotels Corporation subsidiary, develops, operates, markets or licenses Hyatt ResidencesTM and Hyatt Residence ClubTM. As of June30, 2013, the Company’s worldwide portfolio consisted of 524 properties in 46 countries.
For the original version including any supplementary images or video, visit http://finance.yahoo.com/news/inland-american-real-estate-trust-205700965.html