July Real Estate News Brief
REALTORS® Get a Jump on Home Sales with Help from Facebook
More and more, closed neighborhood groups and area “buy/sell/trade” sites are actually becoming quite a viable avenue for real estate agents in buying and selling homes.
By: Melonee Hurt, Nashville Tennessean, June 19, 2019
Read more: https://www.tennessean.com/story/money/homes/2019/06/19/realtors- get-jump-home-sales-neighborhood-facebook-pages/1458080001
The FBI’s Recovery Asset Team (RAT): Blocking Fraudulent Wire Transfers
The FBI’s latest report into the state of internet crime confirms that fraud, e-hustles and social engineering attacks continue to proliferate.
By: Jeremy Kirk, BankInfoSecurity, April 23, 2019
Read more: https://www.bankinfosecurity.com/blogs/fbis-rat-blocking-fraudulent- wire-transfers-p-2740
Six Things Every Home Buyer, Seller, and Owner Need to Know About Today’s Housing Market
It doesn’t matter if you’re owning or renting, buying or selling, or still sitting on the sidelines waiting to join the game.
By: Clare Trapasso, REALTOR.com®, June 25, 2019
Read more: https://www.realtor.com/news/trends/what-every-home-buyer-seller-and- owner-need-to-know-about-todays-housing-market
Freddie Mac Is Now Offering Renovation Loans
Freddie Mac is joining the renovation loan space with a new program allowing buyers to include the financing of their home improvements with their purchase loan.
By: Michele Lerner, The Washington Post, June 20, 2019
Read more: https://www.washingtonpost.com/business/2019/06/20/freddie-mac- is-now-offering-renovation-loans/?utm_term=.7742277af011
Incomes Needed to Buy a Home in Every Part of America
Researchers evaluated how much income households need to qualify for a mortgage on a median-priced home in 35 of the largest cities in the U.S.; they factored in a 20% down payment, a mortgage rate of 4.5%, and a 30-year fixed-rate mortgage.
By: REALTOR® Magazine, Daily News, June 27, 2019
Read more: https://magazine.realtor/daily-news/2019/06/27/incomes-needed-to-buy-a- home-in-every-part-of-america
Why Corporate Social Responsibility (CSR) Matters in Commercial Real Estate
CSR has the potential to increase financial performance, attract new customers and investors, engage employees, increase innovation and provide competitive and distinctive business advantages.
By: Michele Wheeler, contributor DMagazine, June 20, 2019
Read more: https://www.dmagazine.com/commercial-real-estate/2019/06/why- corporate-social-responsibility-matters-in-commercial-real-estate
E-Commerce and Industrial Real Estate: “Last Mile” Delivery and What Else You Should Know
The boom in e-commerce over the last few years has driven demand for industrial properties located in or near metropolitan population centers, which has led to a historically low national vacancy rates and higher rents for industrial properties.
By: Goulston & Storrs PC, June 14, 2019
Read more: https://www.jdsupra.com/legalnews/e-commerce-and-industrial-real- estate-16053
Midyear Review: 5 Lessons for Commercial Real Estate in 2019
Halfway through the year, we revisit the trends, challenges and opportunities facing commercial real estate owners and investors—and how things have changed since the beginning of 2019.
By: Al Brooks, J.P. Morgan Chase Commercial Banking, June 25, 2019
Read more: https://www.jpmorgan.com/commercial-banking/insights/midyear-five- lessons-for-cre-2019
Alexa Who? At Luxury Residential Developments, First-Class Concierge Services Are Simplifying
To maintain a competitive edge, developers are increasingly adding an extra level of concierge offerings to help residents reclaim their time — and their lives.
By: Brenda Richardson, contributor, Forbes, June 23, 2019
Read more: https://www.forbes.com/sites/brendarichardson/2019/06/23/alexa-who- at-luxury-residential-developments-first-class-concierge-services-are-simplifying- life/#6364390e2597
Investor Demand Has the Commercial Real Estate Industry Showing Its Green Side
The Urban Land Institute recently released findings from a study that show that “increasingly, investor pressure is driving companies to analyze not just typical financial risks, but also how sustainability plays into the equation and positively affects a deal.”
By: Franco Faraudo, Propmodo Daily, June 11, 2019
Read more: https://www.propmodo.com/investor-demand-has-the-commercial-real- estate-industry-showing-its-green-side