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Keyword: realestate

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  • Billion-dollar deal: Google pays $1 billion for huge Mountain View California business park

    11/30/2018 3:01:34 PM PST · by ProtectOurFreedom · 17 replies
    Google has paid $1 billion for a huge Mountain View business park, the Bay Area’s largest real estate purchase this year. It is the second-largest property purchase in the U.S. this year, eclipsed only by another Google acquisition, the $2.4 B paid for Chelsea Market in Manhattan. The newly acquired site in Mountain View, where Google has been the primary tenant, is larger than the property that accommodates the company’s Googleplex headquarters a few blocks to the west and also exceeds the size of the parcel across the street where Google is building an iconic “dome” campus that features canopies...
  • San Francisco artist is evicted from his rent control apartment after 34 years

    02/04/2016 6:53:38 PM PST · by artichokegrower · 43 replies
    San Francisco Chronicle ^ | February 4, 2016 | Jim Edwards
    If you're interested in whether rent control makes rent prices go down — and plenty of people think it actually makes them go up — then stop what you're doing and watch this video on San Francisco's real-estate war, by my colleague Andrew Stern. The video features a heartbreaking interview with artist David Brenkus, who has lived in a rent-controlled apartment on Walter Street for 34 years.
  • Trump’s Merit Based Immigration Can Focus on Investment in America,

    11/24/2018 8:48:52 AM PST · by Kaslin · 10 replies
    Townhall.com ^ | November 24, 2018 | Peter Ferrera
    President Trump wants to reform immigration to be based on merit, rather than lotteries, anchor babies, and chains of poor, unskilled, uneducated relatives, all with their hands out asking for public assistance from American taxpayers. Merit means immigration based on what the immigrant can bring to, rather than take from, America. President John F. Kennedy, the last great Democrat, articulated the policy well in his 1961 Inaugural address, when he said, “Ask not what your country can do for you. Ask what you can do for your country.” Trump’s vision is to apply this principle to those who are...
  • De Blasio Fires Investigations Chief, Citing Abuse of Power

    11/19/2018 2:59:26 PM PST · by Kid Shelleen · 13 replies
    NY Times ^ | 11/16/2018 | William K. Rashbaum and William Neuman
    Mayor Bill de Blasio on Friday took the extraordinary step of firing his embattled investigations commissioner, Mark G. Peters, the culmination of a fierce rivalry between the two powerful men. It was a rare and consequential action by a mayor to remove an investigations commissioner: The position is understood to come with a large degree of independence that allows impartial scrutiny of all areas of government, including the executive branch.
  • Manhattan Home Sales Tumble in a Market Clogged With Listings

    10/02/2018 12:32:59 PM PDT · by Ge0ffrey · 36 replies
    Bloomberg ^ | 10/2/18 | Oshrat Carmiel
    “It is somewhat perplexing,” said Garrett Derderian, director of data and reporting for brokerage Stribling & Associates, which also released a report on Manhattan home sales Tuesday. “The financial markets are quite strong. Mortgage rates, while rising, are still at historic lows. But the perception has become that the market is overheating in terms of pricing. No one obviously wants to come in at the top where they’re paying the highest prices as things are going down.”
  • She wouldn't sell home to Trump fans -- now price is $100G lower

    08/25/2018 10:38:07 AM PDT · by Trump20162020 · 64 replies
    Fox News ^ | August 25, 2018 | Bradford Betz
    A California woman’s refusal to sell her family home to a Trump supporter may have cost her more than $100,000. In March the woman placed her Sacramento-area home on the market for $625,000 with one stipulation: The buyer must not be a Trump supporter. She later took the home off the market for reasons that were not clear. But now the two-bedroom, two-bathroom home is being sold for less than $500,000.
  • Dallas City Council Proposing Mandates for Accepting Vouchers and Low Income Tenants

    08/23/2018 7:59:49 PM PDT · by tbw2 · 12 replies
    Your input is needed at the public meetings for the City of Dallas regarding Chapter 27 Ordinance. Attend a meeting on one of the dates listed below! ATTEND A MEETING In preparation to update the Dallas City Council on the implementation of amendments to Chapter 27 - Minimum Property Standards, including the Single Family Rental Registration and Inspection Program, city staff will conduct community meetings to gather feedback from stakeholders. Anticipated participants include property owners, property management companies, tenants, industry associations, and anyone else who wishes to express their views. This feedback will be presented to Council as part of...
  • Existing-home sales tumble to a 2˝-year low as buyers give up

    08/22/2018 5:43:38 PM PDT · by BenLurkin · 62 replies
    marketwtch.com ^ | Aug 22, 2018 10:53 a.m. ET | Andrea Riquier
    Existing-home sales ran at a 5.34 million seasonally-adjusted annual rate in July, down 0.7% versus June, the National Association of Realtors said Wednesday. That was the lowest pace since February 2016... … For years, the Realtors have been warning that many would-be buyers, particularly at the lower end of the market, are being priced out. Now they’re also acknowledging that many others are just deciding to sit it out until market conditions change. … “Three years of exceptionally tight inventory and exceptionally strong price gains are catching up with the market, and are visible both in softer demand from stretched...
  • Zillow, NAR take gloves off in listings fight

    08/04/2018 1:06:02 PM PDT · by AAABEST · 53 replies
    The Real Deal ^ | August 02, 2018 | E.B. Solomont
    “Real estate brokers and agents invest resources into obtaining property listings,” wrote NAR, which counts 1.3 million real estate agents as members. As such, NAR said agents have “rights and responsibilities to control the distribution of their listings.” Any “appropriation of a commercial entity’s data, work product, or intellectual property for exploitation by another commercial entity is not justified,” NAR added. But while Zillow argued for the “democratization” of data, NAR said calls for greater access to MLS data are “based on faulty expectations that unrestricted access to listing data will help consumers.” Instead, NAR said, “forcing brokers to provide...
  • Housing Market Slowing But Not Collapsing

    08/01/2018 9:13:12 AM PDT · by SeekAndFind · 6 replies
    calafia Beach Pundit ^ | 07/31/2018 | Scott Grannis
    I'm seeing a significant increase of late in stories which suggest that the housing market has peaked and could be in trouble. Not everything is rosy, to be sure, but from what I can see, the worst that can be said about the housing market is that it is cooling off. The following charts tell the story: Chart #1 As Chart #1 shows, an index of the prices of homebuilders' stocks is down about 25% since last January. That's a big correction that could easily be the start of a major decline, much as we saw happen in 2006-2009....
  • Trump Administration Mulls a Unilateral Tax Cut for the Rich

    07/31/2018 3:54:38 AM PDT · by DoodleDawg · 102 replies
    New York Times ^ | 7/31/18 | Alan Rappeport and Jim Tankersley
    The Trump administration is considering bypassing Congress to grant a $100 billion tax cut mainly to the wealthy, a legally tenuous maneuver that would cut capital gains taxation and fulfill a long-held ambition of many investors and conservatives. Steven Mnuchin, the Treasury secretary, said in an interview on the sidelines of the Group of 20 summit meeting in Argentina this month that his department was studying whether it could use its regulatory powers to allow Americans to account for inflation in determining capital gains tax liabilities. The Treasury Department could change the definition of “cost” for calculating capital gains, allowing...
  • Sleepy in Songdo, Korea’s Smartest City

    06/23/2018 4:28:08 PM PDT · by 2ndDivisionVet · 7 replies
    City Lab ^ | June 22, 2018 | Linda Poon
    The hardest thing about living in an eco-friendly master-planned utopia? Meeting your neighbors. Three years ago, 35-year-old Lee Mi-Jung followed her husband from the small coastal city of Pohang, best known for its steel industry and fish market, across the South Korean peninsula to Songdo. Billed as the world’s “smartest city,” it promised her all kinds of conveniences: an efficient trash system, an abundance of parks, as well as a vibrant international community—all wrapped in a walkable, sensor-laden showpiece of 21st century urban design. “I’d [imagined] this would be a well-designed city, that it would be new, modernized, and simple—unlike...
  • Trump Told Kim To View The Future 'From A Real Estate Perspective'

    06/12/2018 6:50:38 AM PDT · by Enlightened1 · 60 replies
    CNS News ^ | 06/12/18 | Susan Jones
    At his meeting with Kim Jong Un, President Trump played a videotape of what the future could look like in a freer and more prosperous North Korea. He said the North Koreans seemed very interested in it: But that was a version of what could happen, what could take place. As an example, they have great beaches. You see that whenever they are exploding their cannons into the ocean, right? I said, boy, look at that view. Wouldn't that make a great condo behind--? And I explained, I said, you know, instead of doing that you could have the best...
  • Which businesses will be hot if North Korea opens its market?

    06/02/2018 9:09:57 PM PDT · by 2ndDivisionVet · 94 replies
    The Korea Times ^ | June 2, 2018 | Casey Lartigue Jr.
    Casey Lartigue Jr., co-founder of the Teach North Korean Refugees Global Education Center, compiled these statements from interviews with refugees studying in TNKR. Eun-bin, female, escaped to South Korea in 2012 There have already been so many changes when it comes to the summit, so I will just wait and see what will happen. I haven't really thought about being scared, but now that you are asking, I suppose I should be concerned about the way things could turn out. If there is change in North Korea, then I think the architecture and real estate businesses will be hot. There...
  • Federal lawsuit accuses Obama center organizers of pulling an 'institutional bait and switch'

    05/15/2018 6:50:50 PM PDT · by caww · 29 replies
    American Thinker ^ | 5/15/2018 | Thomas Lifson
    The complaint cites an "institutional bait and switch" because the original plan was for a federal entity to take possession of the land and build an Obama Presidential 'Library', which would be 'publicly owned and controlled'...... That was the bait used to obtain priceless open park land that would be taken away from the citizens of Chicago.... The switch came when the presidential library plan was sidelined, and in its place was instituted a "presidential center" that would be under the control of a private foundation, with Barack Obama 'himself in a position to shape the center's planning, mission, and...
  • San Francisco's cheapest house on the market has a big lot and some interesting history

    05/01/2018 10:55:06 AM PDT · by Oldeconomybuyer · 18 replies
    San Francisco Chronicle ^ | May 1, 2018 | By Amy Graff,
    A humble circa-1900 cottage is the cheapest single-family home on the market in San Francisco right now, and a local historian says it could be a relic from the former Ingleside horse racetrack built in 1895. The cottage at 459 Ralston St. in Merced Heights sits on a generous 3,332 square-foot-lot and is listed for $649,000 (though most SF homes have been selling over asking price lately). "It's the lot that's the value in this property," says listing agent Robert Tao of Sequoia Real Estate. "Normally, the lots in the area are 2,500 square feet."
  • Sean Hannity Owns $90 Million In Real Estate. So What?

    04/26/2018 8:04:35 AM PDT · by SeekAndFind · 36 replies
    American Thinker ^ | 04/26/2018 | Peter Barry Chowka
    On Monday April 23, the Guardian in England published a lengthy article about Fox News host Sean Hannity’s major investments in real estate – to the tune of almost $90 million. The information reportedly grew out of the recent government raid on President Trump’s attorney Michael Cohen and the seizure of a pickup truck’s worth of documents, recordings, cell phone, and computer equipment from Cohen’s office, home, and hotel room. In a court proceeding on April 16, it was revealed that Hannity was Cohen’s “third client.” The Guardian article was titled “Michael Cohen case shines light on Sean Hannity's...
  • House Hacking Suspects’ Father Transferred Data To Pakistani Government, Ex-Partner Claims

    04/19/2018 7:39:09 PM PDT · by Libloather · 23 replies
    The Epoch Times ^ | 4/19/18 | Luke Rosiak, Wajid Ali Syed
    FAISALABAD, Pakistan — The father of Imran Awan — an IT aide to Rep. Debbie Wasserman Schultz who investigators concluded made “unauthorized access” to House servers — transferred a USB drive to a Pakistani senator and former head of a Pakistani intelligence agency, the father’s ex-business partner, Rashid Minhas, alleged. Minhas told The Daily Caller News Foundation that Imran Awan’s father, Haji Ashraf Awan, was giving data to Pakistani official Rehman Malik, and that Imran bragged he had the power to “change the U.S. president.” Asked for how he knew this, he said that on one occasion in 2008 when...
  • Fox News Gives Sean Hannity 'Full Support'

    04/17/2018 12:56:52 PM PDT · by ethom · 26 replies
    CNBC ^ | Published 1 Hour Ago | Updated 2 Mins Ago | Kevin Breuninger | @KevinWilliamB
    In a series of statements, Hannity said Cohen never represented him "in any matter," though he "occasionally had brief discussions with him about legal questions about which I wanted his input and perspective." Hannity later added that he "did not ask Michael Cohen to bring this proceeding on my behalf, I have no personal interest in this proceeding, and, in fact, asked that my de minimis discussions with Michael Cohen, which dealt almost exclusively about real estate, not be made a part of this proceeding." On his radio show that day, Hannity said "I might have handed him 10 bucks"...
  • Home Destroyed by Fire Could Be Yours for $800K (Welcome to San Jose)

    04/12/2018 1:40:33 PM PDT · by Responsibility2nd · 21 replies
    Newser ^ | 04/12/2018 | By Arden Dier
    (Newser) – It's certainly not the prettiest house on the block. But a burned-out home on a 5,800-square-foot lot in Silicon Valley could be yours if you have $800,000 to spare and act fast. "This is what it's worth," realtor Holly Barr tells KTVU of the San Jose home, which Fortune reports was destroyed by fire more than two years ago. She expects it to sell in a few days, noting 10 potential buyers reached out in the hours after photos of the home were posted to Facebook Tuesday. Despite its appearance—with a gaping hole in the roof, no siding,...