|Real Estate Information|
Bulgarian Property Market Insight
GOLF GRABS BULGARIA!
At the present time there are only three golf courses in the whole of Bulgaria: one at Elin Pelin, near the capital, Sofia, and two owned by Air Sofia. These are located at Ihtiman, opened in 2000, 40km from Sofia, and at Sliven, opened in 2004, 90km from the Black Sea.
Because of the increasingly rapid rise in foreign interest in Bulgaria recently, several more golf courses are proposed. One of these will be located at Razgrad, in the north-east, about 90km from the Black Sea. More are scheduled to open in the next few years: two at Kavarna and one at Primorsko, near Sozopol.
Mountain and ski areas will be represented by a golf course in the ski town of Bansko this year, and a very large golf complex between Kostenets and Borovets, the country's foremost ski resort. This is scheduled for 2007, the year of Bulgaria's entry into the European Union, and will be located at Dolna Banya, already near Bulgaria's first golf course at Ihtiman.
Bulgaria Properties Ltd has purchased almost 6 acres of prime development land adjacent to the proposed golf course at Dolna Banya. The plans are to construct about 220 apartments around a comprehensive sports complex, with access to the golf course by a short footpath. The amenities on site are to include tennis, volleyball, squash, badminton, lawn bowls, boules (boccia), shooting, archery, croquet, mountain biking, and fishing nearby. Indoor facilities will include a 140-seat main restaurant and cabaret stage, a huge main bar (perhaps the largest in Bulgaria), a sports bar with projection TV, snooker, pool, table football, table tennis, a Chinese restaurant, Indian restaurant, fast food cafeteria, pizzeria, gymnasium, sauna, massage parlour, clinic, chemist, sports shop and minimarket.
Steve Avery, a Director of Bulgaria Properties Ltd, said, "It may sound like a cliché, but we really were in the right place at the right time! After two years in this business, I just couldn't believe my luck to find such a gem. Anyone involved in this project should make a serious return on their investment."
GENERAL OBSERVATIONS ABOUT THE BULGARIAN PROPERTY MARKET
On Borovets and Bansko generally, Steve had this to say: "Apart from having ski lifts and ski runs, these two towns are quite different from each other, and appeal to different groups of people. Bansko is an old, traditional residential town with lots of character and no fewer than 180 quaint taverns full of local people singing and dancing to a typical Bulgarian folk band. Borovets, by contrast, is purely a resort, with hotels, modern west European-style bars and night-clubs, cafés and restaurants. Residential property and holiday homes are therefore readily available in Bansko, but not in Borovets, where the closest you can get is usually in one of the surrounding villages.
'As for property values, Bansko went mad for a period of three months at the end of 2003, with land prices doubling, and then calmed down. Many poor goatherders suddenly found that they were rich. Nothing wrong with that, I say. Since then values have been pretty steady there until now, when they're starting to creep up again. The reason for this is that the sudden surge in foreign tourists to Bansko has left the supply of holiday accommodation woefully short of the demand. And this trend shows no sign of abating. To try to cope with it, there have sprung up many hotels and apartment projects, but it seems unlikely that even these will be able to satisfy the demand for accommodation for several years yet. As a result, the prices for such apartments range from 1,000 Euros per sq.m. for a ground-floor unit facing away from the mountains, to 1,350 Euros per sq.m. for a top-floor example with a mountain view. Yet, people buy them. I guess, because a 1 bedroom 60sq.m. apartment for Ł41,000 is still a far better deal than you'd get in Spain. I've heard developers claim that 90% of their apartments are sold within 3 weeks! I only hope that we have such luck when ours are released in June!
'In this respect Borovets, again, is different. Although it's Bulgaria's first and best-known ski resort, it stagnated for years? until now. The 'Super Borovets' project, funded by EU, governmental, foreign and local business sources, is scheduled to run from 2005 to 2009, and will revitalise the whole region around the town to a radius of 10-12km. This has already started to affect property values in the surrounding areas. To give an example, in March 2004 we bought, unseen, a half-acre plot in a village 15km from Borovets. When I visited it, I discovered that it wasn't suitable for building apartments; so, I put it on the market in August. By November it was sold at an 80% profit - after all costs were deducted!
'I am personally of the opinion that the 'Bansko effect' could strike around Borovets at any moment. That's the reason why Bulgaria Properties Ltd is developing four projects here, and only two in Bansko. We can sell these apartments about 15% cheaper - at the moment, anyway. Borovets must surely offer a better return on investment, regardless of the type of property bought: land, a shack, whatever. You won't find new apartments easily, though. As far as we know, Bulgaria Properties Ltd is the only developer building them. I don't, however, expect this monopoly to last for long.
'Bulgaria's third ski region is at Pamporovo, which, like Borovets, is purely a resort. Funding is starting to come in, but full development, if it happens at all, is likely to follow several years behind Borovets. Its distance from Sofia (a day's drive) makes it less attractive to visitors from north and west Europe. It is, however, popular with Greeks, because of its proximity to the frontier. One of Bulgaria's major motorway routes to Greece will pass very close to Pamporovo, and this should boost its popularity, as well as making the Mediterranean Sea more accessible.
'Property values are lower here than in Bansko and Borovets, but are creeping up gradually. I reckon that Pamporovo is a good long-term prospect; say five to ten years. The only reason why Bulgaria Properties Ltd has no developments here is because I'll probably have retired before the boom happens."
How does a mountain area investment compare with coastal properties?
"Significant differences yet again. Until recently, most of the investment was flooding into the northern Black Sea coast resorts, from Varna down to Sunny Beach. The area became very popular as a result of the Bulgarian government's 'Bulgaria the Beautiful' TV campaign back in the '80s, and the subsequent interest of package tour operators. Now that the north is saturated with developments, the interest has begun to creep down the coast. This is causing a steep rise in property values. They are still lower than those in the north, but the gap is closing. An investment in the south should therefore offer a better ROI.
'Don't expect, though, the ambience of the south to become like that of the north. When I discussed the subject with the Chairman of the Bulgarian Foreign Investment Agency last year - an extremely intelligent and able young man, I must add - he told me in no uncertain terms that he did not want the south to become like the north. His very words were: "We don't want another Benidorm." So, prospective property purchasers need to bear this in mind, and balance their desire for more capital growth, or their willingness to accept less, with the different rental market appeal of the two regions, along with their own taste in holidays.
'There is one highly significant factor, however, which very often goes unnoticed until it is too late; and it applies to the whole coast. Most people don't know that it freezes on the coast in winter. When they see the coastal resorts basking in the hot summer sunshine, it's difficult to imagine snow on the ground. The entire coast simply shuts down in the winter, and nothing happens. It's as dead as a doornail. Therefore, rental income can be fairly assured for 15 weeks, possibly 20, plus some odd bits in the shoulder seasons of April and October. The coast has a five-month season from May to September, compared to nine months in the ski areas. Those people buying only for rental income, therefore, would find the mountains far more lucrative.
' 'The Times' recently published an article, saying: "Rental yields tend to be better for ski properties than those on the coast because of the longer ski season. You could expect about 12 per cent gross yield for a good ski apartment and about half that on the coast."
'Rents vary greatly, and depend on many factors, most of which should be obvious: location, size, view, amenities. The standard of finish and the condition of the property can also determine your market quite radically. To appeal to west Europeans, and to command the highest rents, your property must be well finished and appointed, and be in tip-top condition. If it is not, you still have a market for east Europeans, who tolerate less salubrious surroundings because they pay much less, usually about half of the west European rates.
'Generally, summer rental rates on the coast equate to winter rates in the ski resorts, both seasons being about five months. Remember that you also have about four months' additional rent, though at lower rates, during the summer in the mountains. These rates should increase gradually, as the Government programmes to make the ski towns more popular for summer holidays make their mark.
'There are several Bulgarian agencies willing to manage your rental properties for you. Expect to pay about 20% of the rent as a fee."
What about properties in the countryside?
"Not a serious contender in the ROI stakes, I think. Not if you consider the effort involved. You can pick up property very cheaply indeed in the inland areas, away from the resorts. Almost always it'll need some kind of work; anything from a face-lift to demolition. There's often no inner staircase to the bedrooms, no bathroom, and the toilet is in a shed in the garden. This kind of property is great for buyers who want to get away from their homeland, and disappear in the beauty of nature permanently. As a business, it could appeal to self-builders or DIY enthusiasts, prepared to do it for fun, and accept a low return on their financial and physical investment. As for rental income, forget it!"
And the cities?
"Again, there are differences, even between cities. The prime city is, of course, Sofia, the capital. Buy the right apartment here, in the right area, and you can expect a guaranteed rental return of about 12% per annum. The flavour of the month is gated communities, particularly in the south of the city. The diplomatic residential district of Vitosha is one of the best bets. There is a ready demand for luxury accommodation from diplomatic staff and executives seconded by foreign companies, usually on a long-term basis, and this demand should increase as 2007, the year of Bulgaria's accession to the European Union, approaches. Although you should expect to pay high for such properties by Bulgarian standards, it's still only the price of a tarted-up Victorian terraced flat in a UK provincial town.
'There's virtually no market for tourist rentals in Sofia, as it's probably the least interesting European capital city. It's also very polluted, although they are trying to clean up their act, ready for EU entry in 2007.
'Plovdiv, the country's second city, is much more pleasant. It has a quaint old town, as well as modern business districts. It therefore bridges the gap between business and tourism, as far as rentals are concerned. Plovdiv is connected to Sofia by an excellent motorway, on which you can keep the pedal to the metal, if you're prepared to risk an on-the-spot fine of 50 Leva (about Ł18).
'Veliko Tarnovo is probably Bulgaria's most touristic city, with its citadel and mediaeval ramparts. Most people who buy property here do so to make it their main home. The city itself is beautiful, and it has everything a townie needs. Drive a short distance, and you're in some wonderful countryside. You couldn't really make a good living from rentals, but it's the perfect place to retire to.
'There's one more thing which is important enough to mention: Mineral baths. These exist all over Bulgaria, the most significant being at Narechen, south of Plovdiv, and Momin Prohod, near Kostenets. Scientific studies rank Bulgaria among the foremost in Europe for hydrothermal, bioclimatic and mud treatments, sea cures and other health resources. Bulgaria is a world leader with its exceptional diversity of medicinal herbs and the excellent curative properties of its apian products. Any property near a spa should attract a premium to its sales or rental value."
Full details about the 'Super Borovets' project, price madness in Bansko, golf developments in Bulgaria, and new apartments in Bansko and Borovets can be seen at the Bulgaria Properties Ltd web site www.BulgariaProperties.net. Or you can e-mail advice@BulgariaProperties.net, or call the company at +44 (0)871 226 2296 to order a free 28-page hand-out, or just for a chat, if you prefer. They always have time for you.
Steve Avery's profile can be seen at http://www.BulgariaProperties.net/About.html.
Copyright 2005 All rights reserved.
Eight Strategies For Staying Ahead Of A Changing Real Estate Investment Market Forbes
Read eight important lessons about how to not just survive, but thrive, in changing real estate markets.
transit real estate developments Crain's Chicago Business
The city's most ambitious real estate players have concocted sprawling campuses on the collars of downtown. The result: a burgeoning mega-Loop on the verge ...
Sold: Search the latest Macon County real estate transfers Herald & Review
Decatur. 2055 N. Charles St., $17,290, Harbour Portfolio VII LP to US Bank Trust National Association. 1636 E. Cleveland Ave., $23,946, Harbour Portfolio VII LP ...
What kind of real estate appreciation will the fourth largest MSA see? HousingWire
In 1971, with construction of the Dallas-Ft. Worth Regional Airport underway, the North Texas Commission, a consortium of businessmen, hired three advertising ...
13 Clear Signs Of A Smart Real Estate Investment Forbes
Signals that an investment might be promising are important to consider, and you don't want to overlook them when you're hunting for a great real estate deal.
Real Estate Math: How To Tell If An Investment Property Is A Good Buy Forbes
Use these two easy equations to determine if an investment property is a good buy.
Real estate transactions: Bimbo Bakeries, Hunton Distribution ink deals Chron
Fort Worth-based Olympia Property has purchased Broadstone Sierra Pines, a 341-unit complex at 1615 Sawdust in The Woodlands area. Ryan Epstein and ...
Local Real Estate Agents Give Back YourCentralValley.com
The husband and wife team that make up the Soares Team are giving back to the community of Pinedale in a big way. Find out how you can help.
Top D-FW commercial real estate deals for Dec. 14 week: Stream Realty, CBRE, Marcus & Millichap - Dallas News
Top D-FW commercial real estate deals for Dec. 14 week: Stream Realty, CBRE, Marcus & Millichap Dallas News
SalesAmerican Landmark Apartments has purchased the Emery Bay at Lakepointe, a 360-unit apartment community located at 901 Lakeside Circle in...
Real estate news: 552 affordable, workforce housing units coming to Santa Ana OCRegister
A large affordable housing complex is coming to Santa Ana. NAI Capital's Irvine office has completed a 99-year ground lease for the project on 6.84 acres.
Broker Bill Fandel opens Telluride office of tech-centric real estate firm The Daily Planet
Is Bill Fandel on to something? In September, the former Telluride Sotheby's broker founded new real estate company Compass Telluride. The move brings to ...
Forecasting three corners of commercial real estate for 2019 REjournals.com
All throughout 2018, the real estate market was once again buoyed by a virile U.S. economy. There may new challenges in 2019 in the forms of rising interest ...
Manitowoc County real estate transfers and homes sold: Dec. 16, 2018 Herald Times Reporter
To determine the purchase price of the real estate, divide the transfer fee by 0.003. For example, a transfer fee of $250 would indicate a purchase price of ...
Penn Hills to consider hiring real estate agent to market old municipal building Tribune-Review
Penn Hills council is looking to hire Michael Pirollo to market the municipality's old administrative building on Frankstown Road. The municipality began looking ...
Mark your calendars: These are New Yorkâs top real estate events next week - The Real Deal Magazine
Mark your calendars: These are New Yorkâs top real estate events next week The Real Deal Magazine
These are the NYC real estate events happening 12/17-24/
$28.5 million home flirting with Central Florida real estate history WKMG News 6 & ClickOrlando
A private Lake Butler estate is being offered in the Central Florida market with a price tag that will more than double the current home sales record of $11 million, ...
Market correction or midterm speed bump? Hereâs what real-estate agents are saying about the housing market - MarketWatch
Market correction or midterm speed bump? Hereâs what real-estate agents are saying about the housing market MarketWatch
A survey of real-estate agents showed signs of life in the housing market after all, as well as some new trends that bear watching.
âJust for Buyersâ: The best local real estate deals for the week of December 10th WECT
"Looks can be deceiving" That's the lesson that can save homeowners a whole lot of cash. "Just for Buyers Realty" looks at some local properties worth a second ...
Lebanon County real estate transactions Lebanon Daily News
The following real estate transfers were recorded recently in Lebanon County: Lebanon. Ruth E. Best to Heisey Brothers Properties LLC, 404 S. Lincoln Ave., ...
Bankia in talks to sell real-estate, bad loans MarketWatch
Bankia SA (BKIA.MC) said Friday that it is in talks to sell a portfolio of real-estate assets and a separate portfolio of nonperforming loans, confirming reports in ...
Three Predictions For The Future of Real Estate Tech Forbes
Proptech and new customer *service* demands are quickly reshaping the real estate buying and selling processes.
Juniper Square raises $25 million to help make it easier to invest in real estate HousingWire
Juniper Square, a technology company that helps connect investment firms with private capital to be used to invest in real estate, announced this week that it ...
Nine Surprising Real Estate Opportunities That Will Grow In 2019 Forbes
Anyone who hopes to succeed in the real estate industry needs to stay up to date on the latest market trends. Whether you're an investor or a broker, you'll have ...
IndoSpace closes third logistics real estate fund at $1.2 bln PE Hub
IndoSpace, an India-based developer of industrial real estate and warehousing facilities, has closed its third logistics real estate fund at $1.2 billion. The fund will ...
Buying a home with parents' help? Consider this advice from a realtor Business Insider
Realtor Dana Bull says about half of her millennial clients get financial help from parents to buy their first home. Here's the advice she gives them.
High and low real estate transactions listed for Huron County Norwalk Reflector
The following real estate transactions represent the highest and lowest amounts recorded in Huron County for the week ending Dec. 7: High: $5863509 - TMC ...
The 10 Most Over-The-Top Expensive Celebrity Real Estate Moves Of 2018 Refinery29
As 2018 draws to a close and we look back on the year gone by, one thing that sticks out is how many millions changed hands as celebrities bought, sold, and in ...
Survey finds Saratoga County real estate market strong The Daily Gazette
MALTA â Economic developers on Thursday assessed the Saratoga County real estate market as strong and optimistic. The Saratoga County Prosperity ...
What HNWIs Want from Commercial Real Estate National Real Estate Investor
In 2016, 2017 and 2018 NREI conducted research with its audience on high-net-worth investor (HNWI) interest and activity in commercial real estate. In 2018 ...
How will the new Apple campus affect Austin real estate? FOX 7 Austin
AUSTIN, Texas (FOX 7 Austin) - The new Apple campus in North Austin could have an impact on home prices for the already soaring population the area has ...
Wilton real estate sales â Dec. 7-13, 2018 The Wilton Bulletin
The following real estate transactions were recorded in the office of Town Clerk Lori Kaback from Dec. 7 through Dec. 13, 2018. 39 Cider Mill Place: Michael F.
Recent Commercial Real Estate Transactions The New York Times
Recent commercial real estate transactions in New York City.
LA among the worldâs most expensive cities for real estate Curbed LA
While millions of Los Angeles residents struggle to pay for basic needs like food and housing, a handful of wealthy homebuyers are making the urban area one ...
Council hearings cement wide-ranging changes for real estate Crain's New York Business
Lawmakers approved a major rezoning and a controversial restriction on hotel construction as well as heard testimony on a suite of tenant-focused housing bills.
Albany real estate investment lands $5M state grant - Albany Business Review - Albany Business Review
Albany real estate investment lands $5M state grant - Albany Business Review Albany Business Review
Redburn Development will receive a $5 million, performance-based capital grant from the state to renovate seven buildings it bought in downtown Albany, Gov.
The Pipeline: Commercial real estate deals for 12.14.18 BusinessDen
Los Angeles-based Jacobson Co. purchased the 240-unit Velo Apartment Homes complex at 3481 S. Fenton Road in Denver for $46.65 million from San ...
Why Tech And Big Money Are Going To Clobber Traditional Real Estate Inman.com
A member of a prominent VC firm Andreessen Horowitz believes that big data, big money, and changing consumer preferences will remake the industry.
As 2018 real estate market wraps up, buyers and sellers prepare for the year ahead - Bothell-Kenmore Reporter
As 2018 real estate market wraps up, buyers and sellers prepare for the year ahead Bothell-Kenmore Reporter
The holiday season is typically slow for residential real estate in Bothell and Kenmore, as families tend to go out of town and may not be looking to move in the ...
Understanding The Nuances Of The Hotel Real Estate Investment Forbes
Understanding the variables associated with operating the business housed in the physical real estate can make or break the return on investment.
Investors Are Still Finding Real Estate Opportunities, But Those Are Shifting With The Cycle - Bisnow
Investors Are Still Finding Real Estate Opportunities, But Those Are Shifting With The Cycle Bisnow
Though fundamentals are still in place, the coming correction is still top of mind for those in the industry as they watch other world economies slow.
Kentwood Real Estate Unveils Fresh Look for Iconic Brand Business Wire
DENVER--(BUSINESS WIRE)--Kentwood Real Estate, Colorado's elite luxury brokerage, is stronger than ever from its best-in-class top-producing REALTORSÂŽ ...
The risk taker: Paul Allen had an profound influence on Seattle real estate - Puget Sound Business Journal (Seattle)
The risk taker: Paul Allen had an profound influence on Seattle real estate Puget Sound Business Journal (Seattle)
His curiosity was untethered. His ambition was boundless. Paul Allen left an indelible mark on Seattle with a legacy that defies any one label.
KBS Real Estate Investment Trust II Increases Valuation of its Common Stock Business Wire
KBS Real Estate Investment Trust II announced that its board of directors has approved an estimated net asset value (âNAVâ).
Predicting The Future Of Real Estate: Transacting In 2025 Forbes
Anyone who thinks that real estate transactions are immune to technology and shifting consumer trends may find themselves in a different line of work before ...
How the Grinch stole the show in this Baltimore real estate listing Baltimore Sun
The Dudley Frank team's latest staged real estate listing photo gallery uses the Grinch to highlight a Hampden rowhome's best assets.
Real Estate Real estate transfers: Dec. 3-7 Toledo Blade
LUCAS COUNTY 43412 Agricultural South Daniel K Successor Trustee to South Daniel K Successor Trustee, 8590 Corduroy Rd, Curtice, $108350, (12/06) ...
Juniper Square lines up $25M for its real estate investment platform TechCrunch
Juniper Square, a four-year-old startup at the intersection of enterprise software, real estate and financial technology, has brought in an additional $25 million in ...
Real Estate Tricks And Scandals To Look Out For (And To Entertain Your Family This Holiday Season) - Forbes
Real Estate Tricks And Scandals To Look Out For (And To Entertain Your Family This Holiday Season) Forbes
Three dozen stick of dynamite was a sneaky way to solve a real estate problem, plus more tales of trickery in this business.
18 Commercial Real Estate Trends To Dominate In 2019 Bisnow
Experts anticipate these 18 trends to dominate in the new year.
Retiring Tom Seal reflects on swings of real estate market The Herald Bulletin
ANDERSON â For the past 46 years, Tom Seal has ridden the roller coaster that has been the real estate market in Madison County. Seal, 74, is retiring from the ...
Team of Penn State Smeal undergrads wins Maryland real estate case competition Penn State News
A team of three undergraduate students from the Penn State Smeal College of Business combined to take first place in the 2018 Colvin Case Study Challenge, ...
Former startup staffer wired for real estate success Real Estate Weekly
Michael Brooks has always kept an eye on innovation. As the top agent for MNS and a driving force behind the sales of more than new 20 condo developments ...
Bank of America's move leaves more Wilmington office space empty The News Journal
Bank of America will move out of two massive Bracebridge buildings, leaving vacant nearly half a million square feet of office space in Wilmington.
Metro Pittsburgh Real Estate: Search Properties By Communities Pittsburgh, PA Patch
Metro Pittsburgh Real Estate: Houses, Prices - Pittsburgh, PA - Looking for a new house? Just browsing? Either way, you'll find the best properties on the market ...
Boston real estate predictions for 2019: Slower sales, higher rents, and development galore - Curbed Boston
Boston real estate predictions for 2019: Slower sales, higher rents, and development galore Curbed Boston
'Tis the season for prognosticating about what will happen in the new year. Here are four likely trends in Boston-area real estate in 2019.
Many Real-Estate Stocks Rebound Barron's
After a tough start to 2018, real-estate investment trusts have made a bit of a comeback. The FTSE Nareit Equity REITs index, a broad measure of the industry, ...
House Hunting in âŚ Italy The New York Times
Milan continues to outpace its Italian neighbors in home prices and sales volume, while the smaller areas in its orbit remain quiet and affordable.
Recent East Haven Home Sales | Local Real Estate Guide East Haven, CT Patch
Local Real Estate Guide - East Haven, CT - 5 recently sold homes in East Haven, plus homes for sale, foreclosures, local mortgage rate comparison, housing ...
Recent Branford Home Sales | Local Real Estate Guide Branford, CT Patch
Local Real Estate Guide - Branford, CT - 5 recently sold homes in Branford, plus homes for sale, foreclosures, local mortgage rate comparison, housing data and ...
Alexandria Real Estate: 2018 Tailwinds Leading Into the New Year Alexandria Living Magazine
Long & Foster Real Estate general brokerage Presidents Gary Scott and Larry âBoomerâ Foster hosted a Facebook Live stream yesterday. The executive duo ...
Weekly Review: Real Estate CEFs - A Volatile Week For The Sector Seeking Alpha
Review of where real estate funds and their benchmarks ended last week. Recap of news related to the group, if any. Comparison of the funds using several ...
Strange real estate deal raises specter of Putin buying Trump San Francisco Chronicle
In July 2008, Donald Trump undertook one of his most infamous transactions. He sold a mansion in Palm Beach for $95 million to Dmitry Rybolovlev, Russian ...
Law Roundup, Neighbors frighten real-estate agent Daily Inter Lake
A real-estate agent ran into trouble while attempting to take photos of a property on U.S. 2 in Marion for a client who was selling it. Apparently, neighbors yelled ...
JJK blazes social impact real estate development trail Colorado Real Estate Journal
JJK Places blazes social impact real estate development trail in Denver. JJK is a Public Benefit Corp. It is believed to be Denver's first RE PBC.
RBC Capital Upgrades Alexandria Real Estate (ARE) to Top Pick StreetInsider.com
Get instant alerts when news breaks on your stocks. Claim your 2-week free trial to StreetInsider Premium here. RBC Capital analyst Michael Carroll upgraded ...
Dec. 8 Real Estate Transactions The Newark Advocate
The first name(s) listed is the seller and the second name(s) listed is the buyer.
Ivanka Trump, Jared Kushner could profit from real estate tax break they pushed Chicago Tribune
The Opportunity Zone program promoted by Ivanka Trump and Jared Kushner could also benefit them financially, an Associated Press investigation found.
How tech and transportation will change real estate AZ Big Media
With the many changes we've recently seen in real estate, we started thinking about how the industry will evolve during the next 10, or even 20, years. Below are ...
Six Legal Tips For Purchasing Commercial Real Estate Forbes
When it comes to commercial real estate, it is of paramount importance that, when you retain legal counsel, they take an in-depth look at all of the nuances that ...
Recent Woodbury/Middlebury Home Sales | Local Real Estate Guide Woodbury, CT Patch
Local Real Estate Guide - Woodbury-Middlebury, CT - 5 recently sold homes in Woodbury and Middlebury, plus homes for sale, foreclosures, local mortgage ...
Three Ways To Position Yourself As A Real Estate Influencer Forbes
As millennials accumulate more wealth, real estate professionals must understand how this distinctive segment will approach buying and selling homes.
From the Editor: Real Estate Boom and Bust Columbus Monthly
On a Wednesday evening earlier this fall, members of the Upper Arlington Women's Club invited me to lead a robust conversation about real estate sales in ...
These Trends Will Shape the Real Estate Market in 2019 Realtor.com News
Home buyers and sellers are both going to face challenges in 2019, according to an analysis by the realtor.com economic team. Find out what's happening and ...
New guidelines on the VAT treatment of supply of commercial real estate in Poland JD Supra
On 11 December 2018 the Polish Ministry of Finance published the much-awaited guidelines on the VAT treatment of supply of commercial real estate.
Exploring Today's Real Estate Market -- And Its Future Forbes
You may have noticed the real estate market tightening and slowing in recent months. Homebuyers are becoming increasingly more cautious due to the feeling ...
Real Estate Fresh Finds: Dec. 12 PoPville
Real Estate *Fresh* Finds is a weekly selection of newly-listed properties in the District, brought to you by Real Living At Home.
Real Estate Transfers For Dec. 6-12 The Chattanoogan
NOTICE: The Hamilton County Register's Office did not publish this data. All information in the Register's Office is public information as set out in T.C.A. 10-7-503 ...
NYCâs âultra-primeâ real estate market is booming Curbed NY
The downswing of New York's real estate market has been much-documented in the past year: prices are falling, concessions are up, and listings are staying on ...
Brooklyn Real Estate Six Months Later: Two Sold, Two in Contract Brownstoner
This week, our look back at four of our featured listings from six months ago spotlights homes in Clinton Hill, Park Slope, Bed Stuy and Crown Heights.
The 2018 Real Estate Advice You'd Better Not Miss | realtor.comÂŽ Realtor.com News
We doled out a lot of expert real estate advice over the past 12 months. But what was most useful to you? Here are our most-read advice pieces of 2018.
Americans Spent $100 Million on Tropical Real Estate. They Were Scammed, FTC Says. - The Wall Street Journal
Americans Spent $100 Million on Tropical Real Estate. They Were Scammed, FTC Says. The Wall Street Journal
The U.S. government's shutdown of what it called a $100 million real-estate investment scam in Belize highlights a growing concern: the targeting of Americans ...
Karla Murtaugh Real Estate Market Report: Sale Price, Closed Sales, Under Contract, Days on Market - HamletHub
Karla Murtaugh Real Estate Market Report: Sale Price, Closed Sales, Under Contract, Days on Market HamletHub
November 2018 showed prices and volume of sales holding steady as compared to 2017. The month ended with the number of closed sales at 23 properties, ...
Arrest of Huawei Executive Could Hit Vancouver Real Estate Barron's
The arrest of Huawei CFO Meng Wanzhou has many repercussions, but one that investors may not have considered is the effect on the Canadian real estate ...
NY-based real estate group plans to revitalize SS United States ship Curbed Philly
For over 20 years, the SS United States passenger liner has sat in the Delaware River, as an historicâand too often overlookedâPhilly landmark. But a new ...
Barbara Corcoran: The key to making a fortune in real estate is finding the next hot neighborhoodâhere's how - CNBC
Barbara Corcoran: The key to making a fortune in real estate is finding the next hot neighborhoodâhere's how CNBC
Real estate mogul Barbara Corcoran has made her fortune buying and investing in up-and-coming areas. Here's how she finds the next hot spot.
Welcome to the New York housing slump The Real Deal Magazine
The long-awaited slump in New York's housing market has arrived. Home prices are heading down in the city itself and in its suburbs, according to Bloomberg.
New Plano apartment tower is a hit with empty nesters Dallas News
Plano's first high-rise residential building has opened its doors.And the new apartment tower is already more than 40 percent leased.The 25-story...
Gwinnett real estate agent to serve prison time for $22M fraud scheme - Atlanta Journal Constitution
Gwinnett real estate agent to serve prison time for $22M fraud scheme Atlanta Journal Constitution
A Suwanee-based real estate agent will serve more than seven years in prison after defrauding clients to the tune of $22 million,the U.S. Department of Justice ...
As Markets Tank, These Real Estate Investment Trusts Hit Higher Highs Forbes
Real estate investment trusts -- also known as REIT's -- outperformed the markets by a wide margin last week. As a matter of fact, while many big stocks were ...
Five Ways A Busy Professional Can Use Leverage To Become A Real Estate Investor Forbes
There is no rule that states you have to wait until the end of your career to be able to retire.
Could the arrest of Huawei's CFO affect Vancouver's real estate market? CityNews Vancouver
VANCOUVER (NEWS 1130) â Despite her release on bail, the arrest of Huawei's CFO could have repercussions in Vancouver. Some experts say it likely sent a ...
Real estate briefs Naples Daily News
Real estate show: Title company vs. attorney. James D. York P.A., a local Realtor, is the host with Realtors Michael and Morgan York of York Real Estate Group ...
Real estate developer signs on to explore rehabilitation of SS United States PhillyVoice.com
The SS United States Conservancy announced this week it's reached an agreement with a real estate developer with an eye toward revitalizing the ocean liner.
William Raveis Real Estate Raises Record $552098 for Innovative Cancer Research Cape Cod Today
The William Raveis Charitable Fund (WRCF) surpassed their goal and raised a record $552,098 this year for the Damon Runyon Cancer Research Foundation ...
No brainer? DJ Khaled lists Aventura estate after buying Miami Beach mansion - The Real Deal Magazine
No brainer? DJ Khaled lists Aventura estate after buying Miami Beach mansion The Real Deal Magazine
DJ Khaled's ready to let go of the keys to his waterfront Aventura estate.
Is Crombie Real Estate Investment Trustâs (TSE:CRR.UN) ROE Of 7.8% Concerning? Simply Wall St
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about ...
2019 Real Estate Forecast: What Home Buyers, Sellers And Investors Can Expect Forbes
The year started with sky-high home prices, historically low mortgage rates and a definitive upper hand for sellers. In recent months, though, things have started ...
New Daniel Island mixed-use, waterfront development in the works Charleston Post Courier
A Colorado real estate company known for its upscale residential developments will soon start on its next venture in the Lowcountry.
New York Touted Real Estate, Eminent Domain in Bid for Amazon The Wall Street Journal
In their bid for Amazon.com Inc.'s second headquarters, New York City and state officials dangled prime real estate at the tech giant and offered to use eminent ...
Howard Hughes Corp. CEO Weinreb talks Summerlin real estate Las Vegas Review-Journal
After the baseball team's new name and logo were unveiled Saturday, Howard Hughes CEO David Weinreb spoke with the Las Vegas Review-Journal about ...
Real Estate Investing By The Numbers
Just like most things real estate investing can be broken down into easy to learn step.Step One - Learn the basics:Ownership of real estate is evidenced by a valid deed.
How to Become a Successful Real Estate Developer
Real estate investment and development has never been a more popular pastime or career changing challenge; if you would like to learn seven secrets for consistently successful real estate investing through development or you would like to know how you can continue to profit from property even if the market takes a downward turn just read on?1) Do Your Location Homework - did you know that through successful and sustained location research professional property investors actually continue to profit during a market down turn? It's true - whatever the market conditions you can apply their location research approach to your real estate investments and also make consistent profits from property.Take the necessary time to learn all about a town or city you're considering for your next property development purchase and discover where the up and coming areas of that town are likely to be.
Part 1: FAQ's From Media Interviews With Real Estate Author
Do you feel there is going to be a real estate bubble?Nash: No. Are some coastal and resort markets over-heated, yes.
What You Can Do To Sell Your Home Fast
Yes, you want to sell your home and you want to sell it fast. It may be a seller's market and every other home in your neighbourhood is selling and you think it's going to be a cakewalk selling your home.
Sell Your Home Without Paying Any Commissions
All of us know that real estate commissions can work out to quite a bit of money - anything from a few thousand dollars with discount brokers to 6% in commissions with full-service agents. That's a substantial sum of money to be paying for something you could very well do on your own.
Choosing a Reputable Real Estate Appraiser
When you are considering purchasing a property; either for investment or personal use you will need to hire a real estate appraiser. If you are financing the purchase through your credit union or another financial institution will most likely be required to hire a real estate appraiser to perform an appraisal on the property.
Investing in Real Estate Like a Stock
A REAL ESTATE STOCK PLANGetting out of the bleachers and into the game!This report is going to explain or attempt to give the stock market investors a basic one-on-one interview with a real estate portfolio manager who has consistently made a profit on 100% of the investment products that were actively chosen and managed. Never a loss, always tax advantaged and sheltered.
Let the Broker Show the House
Of course you're curious, and you'd like to see what goes on when potential buyers come into your home.But real estate brokers are just about unanimous in asking that you be absent when they bring people in.
Prepare Your Rental Property for Occupancy
Among your many responsibilities as a landlord, the law provides for a warranty of implied habitability. This means that the dwelling must be considered habitable and any known problems must be fixed before you allow a tenant to take occupancy.
Should you Sell your Home yourself?
Should you sell your home yourself? Yes and no. Yes, you should leave the option of selling on your own open and no, you shouldn't rule out using the services of an agent to help you sell.
Dont Sell Your House--Ever!
Keeping your existing house when you buy a new one could be THE most profitable financial decision you could make. Consider the following:1.
Your Home Equity Can Work for You
"Use your home's equity to pay off your debt. It's easy and simple, no closing costs!" Every time I turn on the television, commercials bombard me telling me to take out a home equity line of credit.
Selling Your Home: The Power of a Great Sales Flyer
Even though its importance is often overlooked, a great sales flyer is one of the most effective tools for selling your house. Whether your home is listed with an agent or not, make sure that you have a dazzling flyer.
Be Careful - A Real Estate Agent Could Lead You Astray
The real estate agent is a valuable source of potential deals for you as an investor. They have access to the multiple listing resources and of course, have a monopoly on this information so they have to be part of your game plan as an investor.
Ten Steps for Becoming a Successful Real Estate Investor
The secret to success in real estate investment is finding bargain properties that you can "flip" quickly for a profit. Here are a few ideas for becoming a successful investor:1) Obtain sound advice from investors who are already successful.
Home Inspection Checklist - Home Inspectors
Although architectural details, wall and floor coverings, modern conveniences and many other factors are important in the buying decision, the focus of this inspection is on the structural/mechanical/electrical condition of the property.The inspection is designed to give the real estate agent or prospective purchaser a system to detect some of the readily accessible major flaws or deficiencies in the significant components and systems of a home.
Real Estate Investing In Belize
Any trip to Belize starts fantasies of owning a beach villa, or a jungle resort. There are a lot of North Americans in this English speaking, former English colony.
Why Mobile Homes?
There are mobile homes for sale, for much less than stick-built houses, in most areas of the country. Despite persistent predjudice against them, and sometimes the people living in them, mobile homes are the cheap housing choice of millions.
How To Give Yourself A $20,000/Year Raise Without Asking Your Boss
Why without asking your boss? Two reasons, one, he or she will most likely say no; and second, he or she will probably have you committed for asking. So what do you do.
Ten Tips For Selling Your House
One of the biggest mistakes people make when selling a house, is not understanding real estate value. It doesn't matter at all what you think your home is worth.
|home | site map|
|© 2006 TIGER MEDIA|