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