Category: Real Estate News

 Angels Landing Partners LLC, a 100% minority-owned team comprised of the Peebles Corporation, MacFarlane Partners and Claridge Properties, has been selected by the City Council of the City of Los Angeles, California to manage development of the coveted Angels Landing Site, and will build the tallest building in the Western US as part of the plan. “Our team is inspired by the great opportunity to transform the Los Angeles skyline with our iconic building, enhance residential life downtown, and forever change how large buildings are built in Los Angeles by ensuring that all residents and businesses receive equal access to career and business opportunities. We look forward to working with the City of Los Angeles and their team, Council member Jose Huizar and the Chief Legislative Analyst, Oscar Ixco,” said Don Peebles, Chairman and CEO of the Peebles Corporation. Following a unanimous approval from the City of Los Angeles Economic150

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There’s one ‘huge’ opportunity in US property, CEO says Buy to let is now a “huge” investment opportunity in the U.S. as single-family rentals surge, says John Burns, CEO of John Burns Real Estate Consulting. Surging home sales. “Something happened in the middle of September where the country woke up and started buying homes again.” Single-family renting. “The biggest shift we have seen in the last six years is these new, professionally managed single-family rental companies who have now made it a very reasonable thing to do…Almost 12% of America is renting a single-family home. Instead of renting it from some person who might be on vacation, you actually have a real company now who will take care of you as a landlord.” The Fed. “They used the housing market as a tool to get us through the 2001 recession if you remember. Housing is not being overbuilt right now, and so if150

The Iceberg Report is an annual report on the American Single-Family Residential Investment Market REAL Trends, Inc., the Trusted Source in residential brokerage and Andrew Waite of NEXZUS Publishing Group announces the release of The Iceberg Report, an annual report and analysis of the American Single-Family Residential Investment Industry. Some 23 percent of one- to four-family residential homes in the United States are owned by investors. The Iceberg Report details the size of the single-family residential market, as well as the demographics, attitudes and behaviors of owners of single-family investment homes and uncovers the companies that serve this market. The implications of investors owning and holding single family residential real estate as an investment have enormous implications for the future of housing, rentals and homeownership at large as well as housing affordability. “The Iceberg Report confirms what we suspected,” says Steve Murray, president of REAL Trends. “More successful investors rely150

Cost of Living   The Cost of Living Page The cost of living calculator  allows you to see where different cities rank in various cost categories. See below for an example of NYC and Chicago. As you can see, two of the most heavily marketed cities for recent grads have significant above-average cost of living rates.

Zillow. Trulia. Realtor.com. Redfin. All household names in the real estate listings world, right? Well, those companies now have some serious competition from a company that boasts an audience that dwarfs all of those sites put together – Facebook. That’s right. Facebook is coming to real estate listings. Now, anyone who’s “friends” with a real estate agent on Facebook is likely used to seeing real estate listings show up in their news feed, but it appears that Facebook has much bigger plans for real estate listings through its own platform.   real estate on Facebook  

The U.S. House of Representatives voted on Thursday to abolish the Dodd-Frank Wall Street Reform and Consumer Protection Act, passing a Republican-crafted replacement called the Financial CHOICE Act. From here, the act moves to the Senate  where it will likely come up against Dem resistance.

75 Additional Franchises Join Growing “We Buy Ugly Houses®” Brand HomeVestors of America welcomed 75 new franchises during the first quarter 2017, including the brand’s 800th franchise in Allentown, Pa., a new market for the “We Buy Ugly Houses” company. Other new territories include Little Rock, Arkansas; Twin Falls, Idaho; Duluth-Superior, Wi.; Beaumont, Tex.; Charlottesville, Va.; Omaha, Neb.; and St. Cloud-Alexandria, Minn. “Homeowners throughout America enjoy the efforts of franchises like these who are working to once again turn ugly houses into an asset to their communities,” said David Hicks, HomeVestors co-president. “The franchises that come to HomeVestors have an entrepreneurial drive and passion that has helped build our company over the last 20 years. We are happy to welcome these additional franchises, and to recognize Sjaun Lobdell, our 800th franchisee.” Sjaun hails from Allentown, where he previously worked in information technology. He and his wife Jamie, were seeking a150

ULI’s Fall Meeting in Los Angeles Looks at What’s Ahead for Real Estate The World’s Top Real Estate Leaders to Gather in Los Angeles for the Urban Land Institute’s 2017 Fall Meeting, Set for October 23–26 at the Los Angeles Convention Center Nearly 7,000 of the world’s foremost leaders in the real estate and land use industry will convene at the Urban Land Institute’s (ULI) 2017 Fall Meeting, set for October 23-26 at the Los Angeles Convention Center. ULI is a global, multidisciplinary, member-driven real estate organization dedicated to responsible land use and building thriving, sustainable communities. Each day of the meeting will emphasize a separate area of focus, starting with Monday, October 23, which will be dedicated to tours of some of the metro area’s most innovative developments. Tuesday, October 24, will emphasize leadership, offering lessons learned from experts in the real estate industry and beyond; and on Wednesday,150

Step 1: Aerate When the soil under a lawn becomes too compacted, water, air and nutrients have a hard time reaching grass roots. Lawn aerators correct this problem by pulling small plugs of soil about 1/2inch in diameter and 2 to 3 inches deep out of the ground. You can affordably rent an aerator fora day or hire a professional. Learn more at weseedamerica.com/improving. Step 2: Reseed If you have bare patches or your lawn looks thin, reseeding is an easy solution. Start by contacting a local turf specialist to determine the best seed or sod to purchase for your location and soil type. Then, rake the bare areas of your lawn and apply seed. Water lightly and regularly until new grass grows in. The spring and fall are good times to seed due to cooler weather, although it can be done any time of year Step 3: Mow high150