Current News & Events
Clark County Commissioners Give OK for $2 Billion Las Vegas A’s Stadium
The commissioners in Nevada’s Clark County have unanimously voted their approval of the $2 billion Las Vegas baseball stadium for the Athletics franchise. SportsPro.com reports the county’ approval clears the process that will enable the team to access up to $380...
Mortgage Credit Availability Edged Up in September
“Mortgage credit availability increased to its highest level in four months,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Edged Up in September
Green Street’s Real Estate Alert Publishes Inaugural Mid-Year Broker Rankings For Deals Above $5 Million, Reveals Spike In Volume Across Sectors
Source: PR Newswire --- Real Estate Alert has published its first mid-year League Table ranking sales brokers representing deals $5 million and up across various property types, culminating with its special supplement analyzing private-capital trades between $5...
Fannie Mae Wants to Help Renters Qualify for Mortgages More Easily
Source: WTOP --- First-time homebuyers who want to transition from paying rent to owning a home could benefit from a new underwriting program from Fannie Mae that allows lenders to consider rent payment history. Fannie Mae is a privately owned, but government...
Zillow ranks Phoenix #1 across the nation for increased rent prices in July
Source: AZ Family --- When it comes to population, Phoenix might be the fifth-largest city in the nation, but one local real estate expert is saying that the apartment supply is just not meeting the apartment demand. Eric Atencio works at Valley King Properties and...
Once listed at $195 million, the famed Hearst estate is hitting the auction block
Source: LA Times --- In 2016, Southern California real estate soared to new heights with the $100-million sale of the Playboy Mansion. The market-defining deal was the largest in L.A. County history at the time, and soon after, owners of iconic California estates...
Demand for Vacation Homes in U.S. Plummets This Summer
Source: The World Property Journal --- According to national property broker Redfin, demand for second vacation homes in the U.S. fell 21% year over year in July 2021. This marks the second consecutive month of annual declines in mortgage-purchase locks, following 13...
NDP outlines plan to make Canadian real estate more affordable
Source: Sports Yahoo --- A new Maru public opinion poll found that improving the cost of living and affordability is the top election issue on the minds of Canadians. The New Democratic Party says it has a plan to tackle a big contributor, housing affordability....
Man found guilty in two-time torching of real estate agency, authorities say
Source: NJ --- A former Monmouth County resident was found guilty Friday of setting fire to a Holmdel real estate agency twice and then firing a BB gun at it once the business relocated, authorities said. A jury found Leonard J. Mazzarisi, III, 32, formerly of...
‘Not returning to normal’ Canadian real estate prices continue rise in July, says CREA
Source: Sports Yahoo --- Fewer homes changed hands in July but Canadian real estate remains out of reach for many first-time buyers. The Canadian Real Estate Association (CREA) says national home sales fell 3.5 per cent compared to June, for the fourth straight...
Evaluating Real Estate Investments — Cash-on-Cash Return
Source: JDSupra --- Most serious musicians eventually need to learn music theory. Like studying grammar when learning a language, music theory helps musicians understand how music is structured. Music consists of some combination of pitch (single sound), horizontal...
Real estate market is hot with pandemic-driven lifestyles spurring home sales
Source: Local DVM --- It’s a sign of these pandemic times. The real estate market has surged with home values up about 25 percent. In Washington County, Maryland alone over the past month sales of homes have surged 15%. The homebuying craze is so, well, crazy, that...
