Uptown Retail, Multifamily Portfolio Sells for $23.4M - Madison Realty Capital (MRC), an institutionally-backed re... ow.ly/2KBebN
Showing posts with label Residential. Show all posts
Showing posts with label Residential. Show all posts
Wednesday, July 23, 2014
Thursday, July 10, 2014
$85,000 - 1860 sqft, property in Houston, TX
7212 Corpus Christi St, Houston, TX 77020, $85,000 - 1860 sqft, property in Houston, TX - Denver Harbor/ Port Hous... ow.ly/2JItf5
Wednesday, July 9, 2014
$20,000 3 beds, 2 baths - Dallas TX
DALLAS - 5853 Forest Haven Trl, Dallas, TX 75232, $20,000 3 beds, 2 baths ow.ly/2JLJSi
Monday, July 7, 2014
$85,000 - 3 Unit - Multi-Family Home in Houston, TX
7212 Corpus Christi St, Houston, TX 77020, $85,000 - 1860 sqft, property in Houston, TX - Denver Harbor/ Port Hous... ow.ly/2JItf5
Thursday, June 26, 2014
U.S. Home Construction Slips in May
HOUSTON -- The pace of U.S home construction slipped in May as buyers face higher mortgage rates.
Construction firms began work on fewer single-family houses, condominiums and apartments last month.
Home construction has struggled to gain much traction this year, limiting its contribution to broader economic growth. Many potential buyers face higher mortgage rates than at this time last year, while builders are selling fewer new homes but charging more for them.
This has reduced the number of possible buyers and the number of construction jobs by 1.49 million fewer than at the start of the Recession in December 2007, a loss of about 20 percent.
In May, construction declined in the Northeast, Midwest and West. Only the South experienced greater building activity in May.
Housing starts have increased 9.4 percent during the past 12 months but apartments account for most of the gains, suggesting that more Americans will be renting instead of owning homes.
Construction firms began work on fewer single-family houses, condominiums and apartments last month.
Home construction has struggled to gain much traction this year, limiting its contribution to broader economic growth. Many potential buyers face higher mortgage rates than at this time last year, while builders are selling fewer new homes but charging more for them.
This has reduced the number of possible buyers and the number of construction jobs by 1.49 million fewer than at the start of the Recession in December 2007, a loss of about 20 percent.
In May, construction declined in the Northeast, Midwest and West. Only the South experienced greater building activity in May.
Housing starts have increased 9.4 percent during the past 12 months but apartments account for most of the gains, suggesting that more Americans will be renting instead of owning homes.
Friday, June 20, 2014
Billionaire Buys Beach, Blocks Surfers
Venture Capitalist Vinod Khosla is in court over his purchase of 53 acres of prime beach location near Martin's Beach near Half Moon Bay, California.
The property manager for billionaire investor Vinod Khosla said it was his decision to block public access to a popular beach near Half Moon Bay and hire security guards to keep trespassers off the picturesque shoreline. >>Watch Video
Income Producing Property
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Tuesday, June 10, 2014
Real Estate Investment Trusts
A Real Estate Investment Trust is a security that sells like a stock on the major exchanges and invests in real estate directly, either through properties or mortgages.
REITs receive special tax considerations and typically offer investors high yields, as well as a highly liquid method of investing in real estate.
Equity REITs: Equity REITs invest in and own properties (thus responsible for the equity or value of their real estate assets). Their revenues come principally from their properties' rents.
Mortgage REITs: Mortgage REITs deal in investment and ownership of property mortgages. These REITs loan money for mortgages to owners of real estate, or purchase existing mortgages or mortgage-backed securities. Their revenues are generated primarily by the interest that they earn on the mortgage loans.
Hybrid REITs: Hybrid REITs combine the investment strategies of equity REITs and mortgage REITs by investing in both properties and mortgages.
Carlisle Mitchell - Real Estate Investment Trusts
Individuals can invest in REITs either by purchasing their shares directly on an open exchange or by investing in a mutual fund that specializes in public real estate. An additional benefit to investing in REITs is the fact that many are accompanied by dividend reinvestment plans (DRIPs).
Among other things, REITs invest in shopping malls, office buildings, apartments, warehouses and hotels. Some REITs will invest specifically in one area of real estate - shopping malls, for example - or in one specific region, state or country. Investing in REITs is a liquid, dividend-paying means of participating in the real estate market.
Equity REITs: Equity REITs invest in and own properties (thus responsible for the equity or value of their real estate assets). Their revenues come principally from their properties' rents.
Mortgage REITs: Mortgage REITs deal in investment and ownership of property mortgages. These REITs loan money for mortgages to owners of real estate, or purchase existing mortgages or mortgage-backed securities. Their revenues are generated primarily by the interest that they earn on the mortgage loans.
Hybrid REITs: Hybrid REITs combine the investment strategies of equity REITs and mortgage REITs by investing in both properties and mortgages.
Carlisle Mitchell - Real Estate Investment Trusts
Individuals can invest in REITs either by purchasing their shares directly on an open exchange or by investing in a mutual fund that specializes in public real estate. An additional benefit to investing in REITs is the fact that many are accompanied by dividend reinvestment plans (DRIPs).
Among other things, REITs invest in shopping malls, office buildings, apartments, warehouses and hotels. Some REITs will invest specifically in one area of real estate - shopping malls, for example - or in one specific region, state or country. Investing in REITs is a liquid, dividend-paying means of participating in the real estate market.
Saturday, June 7, 2014
Multi-Family Investment Property
Multi-Family Investment Property is a type of home or building with multiple units owned by one or more parties. Condo buildings and duplexes can be considered multi-family residences; but with a duplex, both the property and the land are recorded on one deed. Whereas with a condo, the owners only own their individual units, not the common space or land, and each have their own deed.
Multi unit residential apartment buildings include multi family investment property of five or more residential units. This type of property can also be owner occupied (although not as common) or all units can be occupied by tenants.
Strategies for investing in multi family investment properties include buying properties at prices below market value and then leasing to tenants.
The investor can rent, refinance or sell for rental income, appreciation, capital gains and tax deductions, depending on the investors goals and objectives.
Multi unit residential apartment buildings include multi family investment property of five or more residential units. This type of property can also be owner occupied (although not as common) or all units can be occupied by tenants.
Strategies for investing in multi family investment properties include buying properties at prices below market value and then leasing to tenants.
The investor can rent, refinance or sell for rental income, appreciation, capital gains and tax deductions, depending on the investors goals and objectives.
Sunday, May 4, 2014
Multi Property Sales
When a buyer purchases more than one piece of property at once, the purchase is recorded as a multi-property sale. Multi-property sales may take a variety of forms, such as a buyer purchasing a single-family home and an adjoining lot to create a single, larger property, or purchasing multiple units in one condominium building.
Since properties of different values can be purchased under a single transaction, multi-property sales may not provide a good apples-to-apples benchmark for property values when conducting a comparative market analysis.
Since properties of different values can be purchased under a single transaction, multi-property sales may not provide a good apples-to-apples benchmark for property values when conducting a comparative market analysis.
Multi Family Homes
A Multi-Family property is a type of home or building with multiple units owned by one or more parties.
Condo buildings and duplexes can be considered multi-family residences; but with a duplex, both the property and the land are recorded on one deed. Whereas with a condo, the owners only own their individual units, not the common space or land, and each have their own deed.
Sunday, July 14, 2013
Tuesday, July 2, 2013
Contemporary European Minimalistic Home Designs
Minimalism is any design or style in which the simplest and fewest elements are used to create the maximum effect.
Thursday, March 28, 2013
No Slowdown in Sight for Houston Housing Market
HOUSTON — Home buyers kept Houston-area REALTORS® hopping in February, generating a 15.5 percent increase in sales compared to the same month last year, according to the latest monthly data compiled by the Houston Association of REALTORS® (HAR). The buying spree held local housing inventory to the same level as January — 3.6 months — which is the lowest supply of homes on the market since December 1999.
February marked the 21st consecutive month of increased home sales, with average and median prices reaching the highest levels for a February in Houston.
Contracts closed on 4,407 single-family homes during the month. All housing segments saw gains except for those priced below $80,000. That suggests the likelihood of an exhausted supply of available homes at that price point. Homes selling from $250,000 to $500,000 registered the greatest sales volume increase, accounting for the price appreciation.
“The recent flurry of home buying and reduced inventory may seem unusual, but is exactly what the Houston market experienced back in the late 1990s,” said HAR Chairman Danny Frank with Prudential Anderson Properties. “The difference is that now we are seeing multiple offers and bidding wars. We are still in a seller’s market, and I would advise anyone who is considering selling their home to consult a REALTOR® who can price it right and handle all the details and paperwork, including sorting through whatever offers may come in.”
The single-family home average price increased 9.6 percent year-over-year to $220,445, the highest level for a February in Houston. The median price—the figure at which half of the homes sold for more and half sold for less—rose 7.9 percent to $161,700, also a record high for a February.
Foreclosure property sales reported in the HAR Multiple Listing Service (MLS) declined 23.4 percent compared to February 2012. Foreclosures currently make up 15.8 percent of all property sales, down from 19.6 percent one month earlier. The median price of foreclosures climbed 7.7 percent to $85,000.
February sales of all property types in Houston totaled 5,324, a 17.2 percent increase over the same month last year. Total dollar volume for properties sold rocketed 26.5 percent to $1.1 billion versus $887 million a year earlier.
February delivered positive results to Houston’s overall real estate market when all sales categories are compared to February 2012. On a year-over-year basis, total property sales, total dollar volume and average and median pricing were all up.
February marked the 21st consecutive month of increased home sales, with average and median prices reaching the highest levels for a February in Houston.
Contracts closed on 4,407 single-family homes during the month. All housing segments saw gains except for those priced below $80,000. That suggests the likelihood of an exhausted supply of available homes at that price point. Homes selling from $250,000 to $500,000 registered the greatest sales volume increase, accounting for the price appreciation.
“The recent flurry of home buying and reduced inventory may seem unusual, but is exactly what the Houston market experienced back in the late 1990s,” said HAR Chairman Danny Frank with Prudential Anderson Properties. “The difference is that now we are seeing multiple offers and bidding wars. We are still in a seller’s market, and I would advise anyone who is considering selling their home to consult a REALTOR® who can price it right and handle all the details and paperwork, including sorting through whatever offers may come in.”
The single-family home average price increased 9.6 percent year-over-year to $220,445, the highest level for a February in Houston. The median price—the figure at which half of the homes sold for more and half sold for less—rose 7.9 percent to $161,700, also a record high for a February.
Foreclosure property sales reported in the HAR Multiple Listing Service (MLS) declined 23.4 percent compared to February 2012. Foreclosures currently make up 15.8 percent of all property sales, down from 19.6 percent one month earlier. The median price of foreclosures climbed 7.7 percent to $85,000.
February sales of all property types in Houston totaled 5,324, a 17.2 percent increase over the same month last year. Total dollar volume for properties sold rocketed 26.5 percent to $1.1 billion versus $887 million a year earlier.
February delivered positive results to Houston’s overall real estate market when all sales categories are compared to February 2012. On a year-over-year basis, total property sales, total dollar volume and average and median pricing were all up.
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