Industry Technology, US Real Estate

RE MAX Launch New App For Home Buyers

By Mike Wheatley | April 1, 2011
Dick Helminiak, a real estate agent with RE/MAX Preferred Associates, is advocating a new kind of technology to attract home buyers to his firm’s offerings. All of his listed properties in Toledo, Ohio, now carry a bar code on the for sale sign at the front of the house.
US Real Estate

Tampa Bay A Big Pull For Foreign Investment

By Mike Wheatley | March 30, 2011
Real estate purchases in Tampa Bay have more than doubled in the last year, as foreign buyers look for new bargains beyond their traditional Miami hunting ground. An influx of investment from overseas has propped up the market so far this year, and commercial seems to be leading the way to a positive 2011.
Residential, US Real Estate

13% of US Homes Are vacant: Are The Figures Misleading?

By Mike Wheatley | March 29, 2011
With so many foreclosure houses sitting around empty these days, housing markets across the country are faltering as property values and sales prices continue to drop. But are the 13% of US homes now vacant misleading us into a false sense of insecurity?
US Real Estate

Scammers Keeping Brooklyn Real Estate Crime Unit Busy

By Mike Wheatley | March 29, 2011
The scourge of real estate crime has become so prevalent in Brooklyn these days that even a former city council official has been scammed, according to the district attorney for Brooklyn.
Commercial Real Estate, US Real Estate

Why So Many Low Appraisals?

By Mike Wheatley | March 29, 2011
More than 10% of realtors in the U.S. have said they’ve had sales called off because the appraisal was lower than the buyer’s agreed prices, claims a National Association of Realtors survey in January.
US Real Estate

$2 Million Payout Settles Marshall C. Watson Fraud Case

By Mike Wheatley | March 28, 2011
A law firm based in Florida has agreed a penalty of $2 million which will be paid to the state for their alleged role in the mishandling of foreclosures. This is the first incidence of any kind of deal relating to the issue which began causing uproar last fall.
Commercial Real Estate, US Real Estate

Apollo Group Sells University of Phoenix Headquarters

By Mike Wheatley | March 28, 2011
The University of Phoenix has sold its corporate headquarters for $170 million to a real estate investment trust and immediately leased back the property, it was announced yesterday.

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