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Pittsburgh Mall Once Worth $190 Million Sells For $100

We have frequently noted the precarious state of the U.S. mall REITs (see "Myopic Markets & The Looming Mall REITs Massacre" and "Is CMBS The Next "Shoe To Drop"? GGP Sales Suggest Commercial Real Estate Crashing"), but the epic collapse of the Galleria at Pittsburgh Mills paints a uniquely horrific outlook for mall operators. Show More Summary

The White House is Currently Listed on Zillow (Sorry, It’s Off the Market)

6 hours agoNews : Mediaite

If you wanted to know how much the home of the President of the United States would sell for in the real estate market, look no further. 1600 Pennsylvania Avenue is currently listed on Zillow, the online real estate marketplace database.

Lawsuits say new Trump hire ran business like Trump ran his rallies: by throwing out black people

Meet Reed Cordish. Cordish, just announced as  assistant to the president for intergovernmental and technology initiatives, is a classic Trump hire: he’s from a wealthy real estate family and his companies—including bars and nightclubs—have been repeatedly accused of racism. Show More Summary

Georg Chmiel appointed to Mitula Group board

Georg has over 20 years of experience in high-growth digital classified, media and real estate companies and up until September 2016, was managing director and CEO of iProperty Group. He has also been the managing director and CEO of the LJ Hooker Group, and the CFO and general manager International at REA Group.

Top complaints by San Franciscans: graffiti, illegal dumping, and waste in streets

Breakdown of 311 calls reveals our greatest urban pet peeves, in all their gunky glory Real estate site Trulia released a list of the top 311 calls made in San Francisco 2016 to find out what species of urban blight embitters city dwellers...Show More Summary

Home Builders Seeing Best Buyer Foot Traffic In A Decade

Home builder confidence remains strong in January, with low mortgage rates and rising rents. Builders predict 2017 will be a banner year for real estate.

HomeServices buys Houlihan Lawrence

HomeServices of America, Inc., has bought Houlihan Lawrence, one of the leading real estate brokerages serving New York City's northern suburbs...

Fredrik Eklund: from selling sandwiches to house hunting with J-Lo

After doling out panini sandwiches outside of the Late Show with David Letterman and being a lousy bartender, Fredrik Eklund, an arrival from Sweden in 2003, thought he would give real estate a try...

Ivanka pal-turned-White House advisor banned black people and ‘nr music’ from his nightclubs: suit

8 hours agoNews : The Raw Story

Donald Trump this week announced his latest White House advisor, a man whose real estate management company is currently being sued for racial discrimination, the Daily Beast reports. Trump on Monday tapped Reed Cordish, president of Entertainment Concept Investors—a real estate management company...

Zillow’s co-founder on the future of real estate

"I see our role at Zillow Group as building a platform of magical technology that the players in the industry all dance on," said Richard Barton...

Adams Estate, Newmarket, 1911 (Map of the Week)

State Library of Queensland has an extensive collection of historical maps of Queensland, some of which have been digitised and can be viewed online. This real estate map from 1911 advertises over 50 allotments of land for sale at the Adams Estate in the Brisbane suburb of Newmarket. The allotments were situated along South Street, Alderson Street, Wilston... Read more

America’s new most expensive house lists for $250M

Wowza Move over Florida megamansion with 33 bedrooms, there’s a new top dog in the national real estate market. Just listed for a bonkers $250 million in L.A.’s Bel Air, this lavish pile of glass, white walls, and turf is the work of...Show More Summary

Experts Bet On Infrastructure As One Of The Highest-Yield Property Asset Classes This Year

As the U.S.nears its longest periodof economic recovery ever, top commercial real estate executives are eyeing infrastructure investments as an untapped market for yields this year. Wiki Commons/Samir Cabbarov In its second annual Real Confidence Executive Index survey, CRE advisory firm Altus Group dissected the real estate preferences of 65 top CRE [...]

In quick move, San Antonio Spurs' LaMarcus Aldridge sells his Newport Coast house

The San Antonio Spurs’ LaMarcus Aldridge seems to know his way around Southern California real estate deals. The five-time all-star bought a home in Newport Coast for $7 million in late summer and sold it last month for $8.35 million.  Set behind gates in Crystal Cove, the redone contemporary estate...

5 tips for avoiding legal landmines this year

NEW YORK -- Some surprises are nice. But a letter threatening legal action is about the worst kind for a real estate agent or broker...

Inglewood real estate market expected to score as Chargers join Rams at new stadium

The Chargers’ decision to join the Rams at a splashy new stadium in Inglewood has at least one builder even more pumped up about the city’s prospects. The promise of pro football in Inglewood, still three years away, has already given a lift to real estate developer Sandy Sigal, who is spending...

Worlds northernmost plus-energy office could spark an energy revolution

Building the first office in Norway that produces more energy than it consumes is already a hefty goal, but real estate developer Emil Eriksrød wants to take it another step further. The young entrepreneur has a vision for inspiringShow More Summary

5 tips for courting buyers traveling for Chinese New Year

The U.S. is a favorite destination for Chinese New Year travelers and as such, real estate agents should be ready for this peak season....

Daily market update: January 18, 2017

Mortgage rates plus all the latest real estate market news...

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