Real estate is the most ‘zombified’ sector and rate hikes will be a big risk, says consultancy – CNBC
There’s a “big risk” of real estate companies filing for insolvency when interest rates rise, according to a partner at consulting firm Kearney. Nils Kuhlwein pointed out that the global financial crisis of 2008 started with a real estate and housing price bubble and mortgage defaults in the United States. “What we are now seeing […]
Real Estate Praises Hochul’s New Plan For Affordable New York Tax Break – Bisnow
Kathy Hochul, then-lieutenant governor of New York, in Coney Island on April 9, 2021. Gov. Kathy Hochul’s plan for the future of Affordable New York would change the income requirements for units and potentially make them permanently rent-stabilized. Affordable New York is set to expire in June; the current program allows developers a tax exemption […]
Real Estate Agency Sues Entrepreneur After Allegedly Being Cut From $3.5M Deal | Daily Business Review – Law.com
A real estate agency in Boca Raton has filed a federal lawsuit against the creator of the online food-ordering app DiningIn after a buyer/broker agreement for a unit at Royal Palm Residences went wrong. The defendant, Massachusetts resident Michael Hackel, sold his app to Grubhub for over $70 million.
Educating the Next-Generation of Real Estate Leaders in Cincinnati – Urban Land Magazine – Urban Land
The graduating class of May 2021 from ULI Cincinnati’s Real Estate Accelerator Lab program. ULI Cincinnati’s Real Estate Accelerator Lab (REAL) is a nine-month program beginning in September and ending in May of the following calendar year. Founded in 2019 by the Local Initiatives Support Corporation of Greater Cincinnati, REAL is ideal for mid-career professionals, […]
Feds seek to enlist real estate agents in anti-corruption push – HousingWire
The Financial Crimes Enforcement Network, or FinCEN, is floating a proposed anti-money laundering rule that could impose reporting mandates on a broad swath of professionals in the residential real estate market, including real estate agents, brokers, attorneys, title insurance companies and settlement agents. FinCEN’s proposed regulation, outlined in an “advanced notice of proposed rulemaking” published in […]
House Panel Poised to Advance Bill on Slavery Reparations
Racism is a significant problem in the United States despite being a democratic state that holds the principle of “life, liberty, and the pursuit of happiness” highly. While many African Americans have made tremendous progress economically and socially, majority have been denied wealth-building opportunities. African Americans have always been subjected to uneven distribution of wealth […]
LIVE MARKETS Land ho! Real estate investors eye a strong year – Reuters
Major U.S. indexes rise; FANGs outperform; chips, banks still weak Comm svcs lead S&P sector gainers; financials weakest group Dollar, bitcoin fall; gold, crude rise; U.S. 10-Year Treasury yield retreats to ~1.83% Jan 19 – Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts […]
Buying and Selling Real Estate in the Community Associations Universe – Ward and Smith, PA
January 19, 2022 Community associations (“COAs”) are not typically thought of as property owners outside of perhaps the clubhouse, pool, or tennis courts. However, COAs can and do own those and other types of real estate in many different scenarios, all of which deserve further explanation. Examples of when issues can arise are when a […]
1 Compelling Real Estate Trend to Watch in 2022 – Motley Fool
Real estate is an exciting and fast-paced space to invest in, and this rings truer than ever as a new year kicks off. In this segment of Backstage Pass, recorded on Dec. 22, Fool contributor Deidre Woollard shares with fellow Fool contributor Rachel Warren the key trend she’s watching in the real estate market for […]
Real Estate Transfers | Business | huntingdondailynews.com – huntingdondailynews.com
Cass Township Vern L. Bolinger Trust, Bertha L. Bolinger Trust, Dennis W. Bolinger, agent, grantors, to Dennis W. Bolinger, deed transferred Jan. 12, 2022, $1. Dennis W. Bolinger and Barbara Bolinger, grantors, to Denis W. Bolinger and Barbara Bolinger, deed transferred Jan. 12, 2022, $1. Clay Township Stephen W. Copp and Patricia A. Copp, grantors, […]