Richmond Dragway crosses finish line with $3M sale to real estate investor – RichmondBizSense
For decades, the Richmond Dragway ran around 75 events per year at its track. (Courtesy of Richmond Dragway) The family behind the longtime Richmond Dragway has cashed out its real estate, marking the final chapter of nearly 60 years of racing on the eastern Henrico site. The quarter-mile dragstrip and its 72 acres at 1955 […]
How Great Barrington real estate tax bills are determined – theberkshireedge.com
To the editor: Many people are raising concerns about their real estate tax bills. Taxpayers need to understand how the budgets and how rising real estate prices impact our tax bills. Some questions I’ve heard deal with how increased assessments are determined. Why did some people experience huge increases in their assessed value and others have lower, or closer […]
Schmelz, Stallmann announce launch of ELS Real Estate Group – The Missourian
Lifelong friends, Ed Schmelz and Jacob Stallmann, have created a new business, ELS Real Estate Group. “Recently, I decided to get my (real estate) broker’s license to mainly get into third-party rental property management,” said Schmelz, who first met Stallmann in elementary school. They were college roommates at the University of Missouri in Columbia. Both graduated […]
Memphis real estate: From inventory to home prices, here are the trends to watch in 2022 – Commercial Appeal
Another year is in the books for the Memphis Area Association of Realtors and with that comes the final market report for the prior year, complete with end-of-year data for 2021. For those interested in the ongoing state of Memphis’ real estate market, the report — released Jan. 10 — provides a snapshot of where […]
Alexandria Real Estate Plans Another California Megacampus, This Time In San Diego – Bisnow
A preliminary rendering of the project. Seeking to realize a vision for a life sciences campus, Alexandria Real Estate Equities has purchased a San Diego retail center for $125M. The seller, Regency Centers, had been planning a joint venture with Alexandria to transform the Costa Verde Center into a mixed-use campus including 200K SF of retail and restaurants, a […]
Buying and Selling Real Estate in Latvia (Updated) – JD Supra
KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER LATVIAN LAW – I. STANDARD FORMS OF AGREEMENT – A. Offer to Purchase sets forth Buyer’s offer of price and date for closing. Seller may accept or reject. B. The purchase contract sets forth the terms of purchase and sale, including other things – participants in the transaction, […]
What lies ahead for real estate in 2022 – Lookout Santa Cruz
Nothing surprises me anymore. On New Year’s Eve, I was ruminating about the future of real estate when I received a mysterious invite for a midnight Zoom session for forward-thinking Realtors. Since I wasn’t doing much else, I figured why not. At the stroke of twelve, the link went live and I was asked to […]
Experts explain population growth’s effect on local real estate prices – ABC7 News
SOUTHWEST FLORIDA — An expert from Call It Closed International Realty joined More in the Morning on Tuesday to talk about our local real estate market. Aprile Osborne spoke about the population growth that is continuing in the market and its impact on the local real estate prices and inventory.
Will 2022 Be a Banner Year for Real Estate? – Knowledge@Wharton – Knowledge@Wharton
Home prices and construction are set for a banner year in 2022, riding on the back of historically low interest rates and strong demand for work-from-home space, according to Susan M. Wachter, Wharton professor of real estate and finance. That could change, however, if prospective home buyers resist higher interest rates and rising home prices […]
Soaring prices, low inventory make 2021 a record year for Orlando real estate – Orlando Sentinel
The overall median home price for the year was $310,000, a record high and $45,000 more than in 2020 for an annual appreciation rate of nearly 17%. In all, 45,572 homes were sold in Orange, Seminole, Lake and Osceola counties, a 23.6% increase from the previous year.
