Opportunity Zone investigation won’t derail...
by By David Jeans and Keith Larsen on 2020-01-17 at 5:30 PM
The Treasury Department’s investigation into the Opportunity Zones program will weed out the bad apples but won’t derail the federal tax incentive initiative, investors and developers say. Instead, the probe could provide a way for companies with Opportunity Zone funds to promote the social impact of their investments, and could push to strengthen reporting requirements on […]
Office complex near Fort Lauderdale airport sells...
by By Keith Larsen on 2020-01-17 at 5:00 PM
An office complex next to Fort Lauderdale-Hollywood International Airport sold for $7.2 million. Capital Cypress LLC, managed by Jonathan Cohen and Fanny Cohen, purchased the Cypress Creek Professional Buildings at 2001-2005 West Cypress Creek Road. Bananco LLC, led by Aziz Ali, sold the property. The three buildings total 49,867 square feet, equating to a sale price of $144 per square foot, […]
Condo lender Bank OZK reports lower profits in Q4
by By Keith Larsen on 2020-01-17 at 3:30 PM
Bank OZK, which has been behind some of the largest condo loans in New York and Miami, reported a drop in fourth-quarter net income and reported the rating on one of its loans had been downgraded. The Arkansas-based bank’s stock fell 5 percent shortly after news of its earnings was released Friday morning. Bank OZK’s earnings are closely watched since they are viewed as an indicator […]
Where Homebuyers Are Heading By Generation...
by Caety James on 2020-01-17 at 6:00 AM
Some Highlights: Whether capitalizing on job opportunities, affordability, or warm-weather places to retire, Americans are making moves to these top cities to take advantage of the strength in the current housing market. A strong economy and lower mortgage rates have made it easier for many would-be buyers to get into the market. According to realtor.com, it just depends on which market. […]
Housing Inventory Vanishing: What Is the Impact...
by Caety James on 2020-01-16 at 6:00 AM
The real estate market is expected to do very well this year as mortgage rates remain at historic lows. One challenge to the housing industry is the lack of homes available for sale. Last week, move.com released a report showing that 2020 is beginning with the lowest available housing inventory in two years. The report […]
Homes Are More Affordable Today, Not Less...
by Caety James on 2020-01-15 at 6:00 AM
There’s a current narrative that owning a home today is less affordable than it has been in the past. The reason some are making this claim is because house prices have substantially increased over the last several years. […]
Realtors' group to roll out changes to fight...
on 2020-01-17 at 8:30 PM
Realtors' group to roll out changes to fight housing discrimination Newsday […]
Camarillo realtor pleads guilty to income tax...
on 2020-01-17 at 7:59 PM
Camarillo realtor pleads guilty to income tax evasion KEYT […]
Video An Unexpected Find: Perfect Midcentury...
on 2020-01-17 at 7:00 PM
Video An Unexpected Find: Perfect Midcentury Modern Home in ... Rockford, IL - realtor.com® Realtor.com News […]