Thomas & Christine Mallette Broker

Thomas & Christine Mallette Broker

news aggregator

Real Estate Happenings - Charleston Post Courier

Europe Real Estate News - Sat, 2017-10-21 17:22

Real Estate Happenings
Charleston Post Courier
... about foreign markets, the metric system, varying tax laws, visa regulations, and currency fluctuations from offer to closing; Asia/Pacific and International Real Estate; Europe and International Real Estate; and The Americas and International Real ...

Titanic victim's letter sells for record $226000 - The Straits Times

Europe Real Estate News - Sat, 2017-10-21 14:49

The Straits Times

Titanic victim's letter sells for record $226000
The Straits Times
"John Jacob Astor is on this ship," he said of the American financier and real-estate investor, who was one of the world's richest men at the time. "He looks like any other human being even though he has millions of money. They sit out on deck with the ...

and more »

Ichimoku Levels Point to Negative Momentum For USA Real Estate Hldg (USTC) - Concord Register

USA Real Estate News - Sat, 2017-10-21 13:33

Ichimoku Levels Point to Negative Momentum For USA Real Estate Hldg (USTC)
Concord Register
Shares of USA Real Estate Hldg (USTC) recently touched 0.0380, which places the stock below the Ichimoku cloud, indicating bearish momentum and a potential sell signal for the equity. Shares of USA Real Estate Hldg opened the last session at 0.0380, ...

and more »

Mack-Cali Realty Corporation (CLI) and NorthStar Realty Europe Corp. (NRE) Head to Head Survey - The Ledger Gazette

Europe Real Estate News - Sat, 2017-10-21 06:45

Mack-Cali Realty Corporation (CLI) and NorthStar Realty Europe Corp. (NRE) Head to Head Survey
The Ledger Gazette
NorthStar Realty Europe Corp. logo NorthStar Realty Europe Corp. is a real estate investment trust (REIT). The Company is a European focused commercial real estate company with primary office properties in cities within Germany, the United Kingdom and ...
NorthStar Realty Europe Corp. (NYSE:NRE) Given Daily Media Sentiment Rating of 0.15Week Herald

all 9 news articles »

The 20 best hotels in Europe in 2017 - Business Insider

Europe Real Estate News - Sat, 2017-10-21 03:01

Business Insider

The 20 best hotels in Europe in 2017
Business Insider
20. Elounda Beach Hotel and Villas — Crete, Greece. With nothing but the deep blue of the Mediterranean as far as the eye can go, Elounda resort in sunny greece is the 20th best hotel in Europe.

and more »

Jeff Bezos May Seek HQ2 Close to Home

USA Real Estate News-RISMedia - Fri, 2017-10-20 23:04

Editor’s Note: This was originally published on RISMedia’s blog, Housecall. See what else is cookin’ now at blog.rismedia.com:

Last month, Amazon announced the search for its second headquarters (HQ2). The online marketplace giant has not yet slipped about what city they are leaning towards. Perhaps a look at CEO Jeff Bezos’ real estate investments will give us an inkling.

Check out Bezos’ current homes. Are any of these located in a city that fits the bill for HQ2?

  • Bezos owns two homes in Beverly Hills. One was purchased in 2007 for $24.45 million, and the other was purchased this past July for $12.9 million.
  • He purchased the Washington, D.C. Textile Museum in October for $23 million. It is being renovated into a private residence by architect Ankie Barnes.
  • He bought a 1920s ranch in Culberson County, Texas to recreate the feeling of the Lazy G, a Texas ranch his grandfather retired in and the place Bezos spent summers at.
  • He purchased three units in New York City for $7.65 million, and also bought the next door unit for $5.3 million in 2012.
  • He bought a 5.3-acre property for $10 million in Medina, Wash., in 1998. He built another property on the lot in 2004, and bought the property next door in 2010.

California
While his Beverly Hills location doesn’t meet Amazon’s population requirement of more than 1 million people, the city is surrounded by heavily populated cities such as Los Angeles, West Hollywood and Santa Monica. According to the 2010 U.S. Census of Population & Housing, most residents (about 55 percent) are under 44 years of age—an important dynamic if Amazon is looking to hire young talent. Realtor.com® reports California is on their hottest markets list; however, the state’s lack of affordable housing may be a risk factor for Amazon.

Washington, D.C.
If a diverse population is what Amazon is looking for, then Washington, D.C. may be the best choice. The city has a reputation for being a meeting place of different cultures, ages and experiences. Transportation can also be a benefit, as Washington boasts the cleanest and most efficient transportation systems in the world. Zillow reports Washington, D.C. is a very hot real estate market, with home values up 3.2 percent year-over-year.

Texas
While Culberson County may not be what Amazon has in mind for its next big location, more populous cities like Austin and Dallas may be in the running. Out of the two, Dallas may be a better fit transportation-wise, as Austin can be limiting if Amazon wants an easy access city. Austin, however, has a reputation for offering a unique culture and may work better for Amazon’s search for a “happy” city.

In terms of real estate, the Dallas markets are healthy, with home values up 2.9 percent year-over-year, according to the August Zillow Real Estate Market Reports.

New York
The Big Apple checks off a lot of Amazon’s boxes: culture, diversity and young talent. But does it have the “viable real estate options” and a “development-prepped site,” as Amazon asks for? New York City already has a reputation for high real estate prices. The addition of HQ2 may pose a problem if home prices are hiked up even more.

Washington
If Bezos truly wants to stick close to home, Medina or another Washington location may be his go-to. Word has it, however, that Amazon will not be looking in their own home state for HQ2. While Medina boasts “the most sought-after waterfront in the Pacific Northwest,” its small-town feel isn’t exactly what Amazon is looking for.

Liz Dominguez is RISMedia’s associate content editor. Email her your real estate news ideas at ldominguez@rismedia.com.

For the latest real estate news and trends, bookmark RISMedia.com.

The post Jeff Bezos May Seek HQ2 Close to Home appeared first on RISMedia.

.realtor™ Adds Powerful Productivity Tools to Its Trusted Platform

USA Real Estate News-RISMedia - Fri, 2017-10-20 23:03

How do you define “trust?” In the real estate industry, it implies several qualities, including competence, reliability, professionalism and honesty. Trust must be earned, but it’s also subject to first impressions. In the online world, those first impressions can be encouraged (or discouraged) by something as simple as your domain name.

Therefore, establishing trust is one of the many reasons members of the National Association of REALTORS® (NAR) have been claiming their .realtor™ domains. Exclusively available to members, firms and NAR boards (and the Canadian Real Estate Association), a domain name ending in .realtor™ is an excellent way to make a lasting impression on prospects and clients by reminding them who you are and what you do.

Much More Than a Domain
Since the .realtor™ top-level domains were first offered, several enhancements have been integrated into the platform, including easy-to-build IDX-powered websites (from Placester®, a REALTOR Benefits® Program Partner) and a free realtor.com® profile website (these two benefits are currently for U.S. members only).

In addition to these excellent marketing tools, .realtor™ now offers best-in-class communication and productivity tools, making it easy for members to incorporate professional email from G Suite, as well as other G Suite applications. By taking advantage of .realtor™’s entire digital toolkit, members can propel their real estate business forward, leveraging web solutions designed to improve their marketing efforts and maximize their business efficiencies.

G Suite is a product from Google Cloud, consisting of cloud computing, productivity and collaboration tools, originally launched in 2006 (as Google Apps for Work). Since then, the breadth and depth of its applications have grown, now including a robust integration of email, cloud storage, word processing, spreadsheets, presentation tools, shared calendars, and more.

All the work you do with your .realtor™ domain on G Suite is instantly backed up by Google’s data centers and synchronized for access on any of your devices. Further, Google’s search capabilities are built into all G Suite products—a huge time-saver if you’re on the go and trying to locate old emails, files, etc.

Your .realtor™ domain includes several additional benefits:

  • Professional email (for example, info@john.realtor instead of JohnMorgan@gmail.com)
  • Double the amount of cloud storage that you get with a free Gmail account
  • Direct U.S.-based customer support through .realtor™
  • An advertisement-free email experience

Anyone can set up G Suite and run their business email through Gmail, although the process requires several steps in order for your domain’s MX records to point to Google servers. With a .realtor™ domain, the process is managed for you. All you need to do is follow a few simple screen-by-screen steps, and the .realtor™ team takes it from there.

Available G Suite Applications for Real Estate
Google Cloud’s collection of G Suite applications can truly streamline an agent’s busy digital life. A few examples:

Open houses – Use Google Forms (on a tablet) to effortlessly compile visitor data and manage follow-up.

On-the-go meetings – Use Hangouts for easy-to-join video conversations with clients and office members.

Store anything/retrieve anywhere – Google Drive’s cloud-based storage simplifies organizing and retrieving client photos, transaction files, listing presentations, etc., on any device.

Customer relationship management – The G Suite Marketplace includes several CRM integrations to power up your agents’ lead development efforts.

Get Your .realtor™
Individual members of NAR can claim their first .realtor™ domain at no cost for the first year and $39.95 per year after that. (For firms, the cost is $79 per year; bulk discounts are available for individuals and firms.) Add G Suite for $60 per year and take advantage of everything that .realtor™ has to offer. Learn more at www.get.realtor.

For the latest real estate news and trends, bookmark RISMedia.com.

The post .realtor™ Adds Powerful Productivity Tools to Its Trusted Platform appeared first on RISMedia.

Weichert's Metuchen office wins Best Booth Theme at country fair - MyCentralJersey.com

USA Real Estate News - Fri, 2017-10-20 23:02

Daily Record

Weichert's Metuchen office wins Best Booth Theme at country fair
MyCentralJersey.com
To learn about the real estate services offered by Weichert, Realtors, visit Weichert's Metuchen office at 640 Middlesex Ave., or call (732) 906-8200 for more information. Since 1969, Weichert, Realtors has grown from a single office into one of the ...
Weichert participates in Morristown Festival on the GreenDaily Record

all 2 news articles »

Weichert participates in Morristown Festival on the Green - Daily Record

USA Real Estate News - Fri, 2017-10-20 23:02

Daily Record

Weichert participates in Morristown Festival on the Green
Daily Record
MORRISTOWN – Gary Molner, manager of Weichert, Realtors' Morristown East office, announced that his office participated in the Morristown Festival on the Green, which took place Sept. 24 in downtown Morristown. The event, organized by the Morristown ...
Weichert's Metuchen office wins Best Booth Theme at country fairMyCentralJersey.com

all 2 news articles »

Forecast: Commercial to Grow ‘Moderately’ Through 2019

USA Real Estate News-RISMedia - Fri, 2017-10-20 23:02

A recent forecast out of the Urban Land Institute’s (ULI) Center for Capital Markets and Real Estate predicts moderate growth for the commercial real estate industry through 2019.

The ULI Real Estate Economic Forecast, a semi-annual projection based on survey responses, anticipates commercial real estate will see $450 billion in transaction volume in 2017 and $427 billion in volume in 2018 and 2019. All are declines from the previous year. On the broader economy, the forecast expects GDP to grow 2.2 percent in 2017 and 2.4 percent in 2018.

“Respondents to the October 2017 ULI Real Estate Economic Forecast downplayed the possibility of a spike in economic growth through 2019,” said William Maher, director of North American Strategy and Research at LaSalle Investment Management, leader at ULI and a survey respondent. “At the same time, they confirmed that the current expansion could become the longest one since records were kept starting in the 19th century. While real estate will benefit from continued growth, U.S. property markets are close to equilibrium, which should result in inflationary rent growth and returns in the single digits for core real estate and equity real estate investment trusts (REITs).”

The forecast expects 960,000 single-family housing starts in 2019, and home prices to appreciate an average 4.8 percent through 2019.

Source: Urban Land Institute (ULI)

For the latest real estate news and trends, bookmark RISMedia.com.

The post Forecast: Commercial to Grow ‘Moderately’ Through 2019 appeared first on RISMedia.

The Most (and Least) Valuable States in America

USA Real Estate News-RISMedia - Fri, 2017-10-20 23:01

Editor’s Note: This was originally published on RISMedia’s blog, Housecall. See what else is cookin’ now at blog.rismedia.com:

Everyone knows location is the most important part of real estate. You can’t change where your house is (all things being equal). You have to consider school districts, crime rates, commute times—the list goes on and on. It can be much simpler when you’re considering buying a home to compare apples to apples so you can see how the real estate market differs according to location, so HowMuch.net created a new visualization showing land and housing prices at a glance.


The blue dots represent the value of an acre of land, and the red circles indicate the median value of a home. The bigger the blue dot and the larger the red circle, the more expensive it is to become a property owner. Small circles and dots likewise indicate a very low cost of purchasing property. The home values are from the U.S. Census Bureau’s 2015 American Consumer Survey, and the numbers behind the land values come from the Bureau of Economic Analysis.

Several things stand out in the illustration. An acre of land is much more valuable in the Northeast compared to any other part of the country. This is partly because the Eastern seaboard is a very densely populated area with several large cities, most notably New York. New York and Massachusetts have some of the oldest modern structures anywhere in the U.S. In other words, Eastern cities are a lot older than Midwestern cities, so there isn’t a lot of farmland for suburban expansion anymore. In terms of geographic size, these are some of the smallest states in the country. As a matter of fact, the three states where the cost of an acre of land is greater than the median price of a house are all located on the East Coast, and they happen to be some of the smallest states in the Union (Rhode Island, Connecticut, and New Jersey).

Median home values (the red circles) are a different and more complicated story. California has the most expensive houses by far ($449,100). Oregon and Washington boast similarly high housing valuations, as well ($264,100 and $284,000, respectively). It is also expensive to buy a home on the East Coast, with six out of the top 10 states with the most expensive median home values.

There’s a noticeable dip in both housing and land prices in Southern and Midwestern states. Prices slowly rise the further you move from east to west. This highlights unique economic developments over the last several years, including the boom in oil exploration in North Dakota and the growth of Western cities, like Denver, thanks to young people. Snowbirds also tend to move to Florida and Arizona when they retire, which also pushes up housing prices in those places.

Top 5 Most Expensive States to Buy a Home

  1. California
    Value per Acre: $39,092
    Median Home Value: $449,100
  1. Massachusetts
    Value per Acre: $102,214
    Median Home Value: $352,100
  1. New Jersey
    Value per Acre: $196,410
    Median Home Value: $322,600
  1. Maryland
    Value per Acre: $75,429
    Median Home Value: $299,800
  1. New York
    Value per Acre: $41,314
    Median Home Value: $293,500

Top 5 Cheapest States to Buy a Home

  1. West Virginia
    Value per Acre: $10,537
    Median Home Value: $112,100
  1. Mississippi
    Value per Acre: $5,565
    Median Home Value: $112,700
  1. Arkansas
    Value per Acre: $6,739
    Median Home Value: $120,700
  1. Oklahoma
    Value per Acre: $7,364
    Median Home Value: $126,800
  1. Kentucky
    Value per Acre: $7,209
    Median Home Value: $130,000

All this shows that the laws of supply and demand are alive and well in the real estate market. You can easily find cheap acres of land where they are plentiful and un-useful (sorry, Nevada), but owning property is a lot more expensive in smaller places crowded with lots of people. As always: location, location, location.

A version of this article originally appeared on HowMuch.net.

For the latest real estate news and trends, bookmark RISMedia.com.

The post The Most (and Least) Valuable States in America appeared first on RISMedia.

Time might be running out on low rates

USA Real Estate News-Inman - Fri, 2017-10-20 21:00
Long-term rates are hanging on by fingertips to a key level, the stock market has the sillies (again), and all incoming economic reports are hot. It’s going to take a negative event (geopolitical or economic) to hold rates down where they have been for most of this year. ...

Commentary: The View from Europe: Citizenship programmes: a race to the bottom? - Caribbean News Now (press release) (blog)

Europe Real Estate News - Fri, 2017-10-20 19:30

Caribbean News Now (press release) (blog)

Commentary: The View from Europe: Citizenship programmes: a race to the bottom?
Caribbean News Now (press release) (blog)
Thirdly, if governments are unable to significantly grow applicant numbers through price reductions, or through encouraging greater citizenship related investment in real estate or bonds, they may have to turn again to tourism to increase revenue, and ...

and more »

Hurricanes dampen Houzz’s Q3 renovation barometer results

USA Real Estate News-Inman - Fri, 2017-10-20 18:00
Houzz released its Q3 Renovation Barometer, a report that tracks confidence in the home renovation market among a range of industry professionals, such as interior designers, architects and professional landscapers ...

How to bump up your cash flow

USA Real Estate News-Inman - Fri, 2017-10-20 18:00
Watch founder, president and designated broker of Tru Realty Sarah Richardson talk about how to "obtain high margins and manage like a tightwad" on the Inman Connect stage ...

Autonomous Vehicles Will Change Cities Landscapes. Here's How. - Forbes

Europe Real Estate News - Fri, 2017-10-20 17:57

Forbes

Autonomous Vehicles Will Change Cities Landscapes. Here's How.
Forbes
Justin X. Thompson is a Los Angeles-based partner in the Real Estate practice group at Nixon Peabody, a global law firm with offices in the U.S., Europe and Asia. Justin advises on all aspects of real estate, including real estate finance, development ...

Sellers desperately want to be free of home stalked by ‘The Watcher’

USA Real Estate News-Inman - Fri, 2017-10-20 17:16
You just bought a million-dollar, six-bedroom dream house where your family including three small children will live for years to come. Days after the purchase, you start receiving disturbing letters ...

America’s hottest ZIP codes are cool under-the-radar suburbs

USA Real Estate News-Inman - Fri, 2017-10-20 16:25
Realtor.com has announced its 2017 hottest ZIP codes, and 10 Texas, Colorado, Michigan and California towns dominated the list. Realtor.com analyzed 32,000 ZIP codes based on the time it takes properties to sell and how frequently homes are viewed in each ZIP code. Homes in each of the markets in this year's top 10 list sold in an average of 21 days -- 29 days faster than the national average ...

Harvey Weinstein’s Hamptons estate vanishes from the market

USA Real Estate News-Inman - Fri, 2017-10-20 16:22
As shamed Hollywood producer Harvey Weinstein faces a barrage of sexual assault and rape allegations -- from more than 40 women -- his 9,000 square foot Hamptons mansion has been yanked from the market ...
Syndicate content

Have Questions?

reCAPTCHA