Category Archives: Uncategorized

Lee & Associates Closes $10 Million City of Industry Industrial Sale

Torrance, CA – May 23, 2013 – (RealEstateRama) — Lee Associates, one of the largest broker-owned commercial real estate firms in the country, has closed the $10 million sale of a 10.67-acre land site for the construction of a 232,000-square-foot … Continue reading

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Real estate site Zoocasa adds MLS listings, agent recommendations

Zoocasa, an upstart real estate company owned by Rogers Communications, has launched a revamped website that aims to compete with Realtor.ca, Canada’s dominant listings site, by presenting property listings in a more user-friendly format and connecting clients with realtors from … Continue reading

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Record High New Home Prices Have Room to Grow

Supplies of new and existing homes are at levels not seen since the frenzy of the last housing boom. The phenomenon is national and not just relegated to the former boom markets. April listings were down 41 percent from a … Continue reading

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Peak 1031 Exchange Inc.’s First Quarter Analysis of Southern California Real …

Kevin M. Levine, EVP Peak 1031 Exchange, Inc. Investors with much smaller portfolios found room to successfully participate in the market . . . . many smaller investor shops utilized the Delayed Exchange in 2013 to quickly capture opportunities in … Continue reading

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Ellen DeGeneres Drops $26.5 Million to Mortgage a Swanky Santa Barbara Estate

It’s the season for home buying, and good thing mortgage rates are at an all-time low. Daytime television personality, Ellen DeGeneres, just spent $26.5 million for a new home in Santa Barbara, Calif. Ellen DeGeneres Spends Millions on New Home According to TMZ, Ellen … Continue reading

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Distressed home sales decline in California

Distressed home sales in California in April declined to their lowest level since February 2008, according to the California Association of Realtors. Distressed sales fell to 24.4 percent, down from 27.9 percent in March and 45.8 percent in April last … Continue reading

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Mercy Housing California to develop new housing model for seniors, homeless

WASHINGTON, D.C. – May 22, 2013 – (RealEstateRama) — Mercy Housing California is accelerating its efforts to improve the standard of living of low-to-moderate income affordable housing residents by creating new financial models for the funding of additional services. With … Continue reading

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Distressed sales continue downward trend; underwater homes gaining equity …

LOS ANGELES, CA – May 22, 2013 – (RealEstateRama) — Distressed home sales continued to decline in April, as previously underwater homes rose in value, and the share of REO sales registered in the single-digits for the first time in … Continue reading

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Redfin Ranks the Fastest-Moving Real Estate Markets in the Country …

Download image SEATTLE, May 22, 2013 /PRNewswire/ – Redfin (www.redfin.com), the technology-powered brokerage, today released its latest real estate industry analysis, the Redfin Fastest Real Estate Markets Report for April. The report tracks the speed of the overall housing market and … Continue reading

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