June 2019 News Brief
Residential
NerdWallet: There Are Now 12.1 Million Homeowners Getting Ready To List Their House
Spring home buying season is heating up and thousands of prospective homebuyers are projected to enter the housing market by placing their current homes up for sale.
By: Alcynna Lloyd, HousingWire, May 15, 2019
Read more: https://www.housingwire.com/articles/49051-nerdwallet-there-are-now-121-million-homeowners-getting-ready-to-list-their-house
Florida Family Loses $77,000 in Real Estate Scam
Hours after his loan was approved, a homebuyer got an email from someone purporting to be his real estate attorney’s secretary.
By: Danielle Waugh, CBS News, May 22, 2019
Read more: https://cbs12.com/news/cbs12-news-investigates/cbs12-news-investigates-family-loses-77000-in-real-estate-scam
How To Train Your In-House Team and
Freelancers For Phishing Prevention Best Practices
If you want to safeguard your enterprise against the phishing attacks, a significant cybersecurity threat facing organizations and individuals
today, it is crucial to train the in-house team and freelancers for phishing prevention best practices.
By: Brown, Community Contributor, Chicago Tribune, May 17, 2019
Read more: https://www.chicagotribune.com/suburbs/naperville-sun/community/chi-ugc-article-how-to-train-your-in-house-team-and-freelanc-2019-05-17-story.html
Census Reveals The Fastest-Growing Cities In The U.S.: Here’s Why Phoenix Is So Hot
Newly released Census data for city population growth shows that the South and West continue to have the fastest-growing cities in the United States.
By: Brenda Richardson, Forbes, May 28, 2019
Read more: https://www.forbes.com/sites/brendarichardson/2019/05/28/census-reveals-the-fastest-growing-cities-in-the-u-s-heres-why-phoenix-is-so-hot
Dirty Deeds: An Alleged Real
Estate Scam from Beyond the Grave
Paul Dodson’s great-grandparents died years ago, along with his grandmother; so, how did their signatures recently appear on warranty deeds handing over the family home to a company operated by a Dallas- area real estate investor?
By: Tanya Eiserer and Mark Smith, ABC 8, May 29, 2019
Read more: https://www.wfaa.com/article/news/local/investigates/dirty-deeds-an-alleged-real-estate-scam-from-beyond-the-grave/287-20fda432-1231-41a4-af4c-3a12c6186aea
Commercial
Amazon May Be Expanding in NYC After All:
What That Means for Real Estate
In February 2019, Amazon announced it was scrapping plans to open a new headquarters in New York City; now the company appears to be looking into expanding its presence in the Big Apple.
By: Clare Trapasso, realtor.com®, May 29, 2019
Read more: https://www.realtor.com/news/trends/amazon-may-be-expanding-in-nyc-after-all-what-that-means-for-real-estate
Commercial Market Survey:
Majority of Firms Expect Originations to Increase
More than half of the top commercial/multifamily firms (55 percent) expect originations to increase in 2019, with one in eight (13 percent) expecting an overall increase of 5 percent or more across the entire market.
By: ALTA News, May 28, 2019
Read more: https://www.alta.org/news/news.cfm?20190528-Commercial-Market-Survey-Majority-of-Firms-Expect-Originations-to-Increase
HUD to Strengthen Landlords’ Rights in Service Animal Requests
Landlords and property managers are entitled to “reliable verification” of a tenant’s need for a service animal and can require proof beyond an online certification.
By: Graham Wood, REALTOR® Magazine, May 15, 2019
Read more: https://magazine.realtor/daily-news/2019/05/15/hud-to-strengthen-landlords-rights-in-service-animal-requests
Why Old School Retailers are Investing in Retail Startups
As brick and mortar brands look to reinvent themselves with an expanded online presence, it’s logical that they look to incubate and capitalize on new brands that can help them expand their markets.
By: David Zoba, Global Chairman, The Investor, May 20, 2019
Read more: https://www.theinvestor.jll/news/us/retail/why-old-school-retailers-are-investing-in-retail-startups
Will 25% Tariffs On Chinese Goods Impact CRE?
After more than a year of tit-for-tat trade negotiations between China and the U.S., making sense of all the rhetoric and tariff adjustments has just about everybody scratching their heads, including U.S. real estate experts.
By: Bisnow, May 19, 2019
Read more: https://www.bisnow.com/national/news/economy/will-25-tariffs-on-chinese-goods-impact-cre-99019