RealEstate

How to Make a Vacation Home Your Most Lucrative Investment

How to Make a Vacation Home Your Most Lucrative Investment

By  Rebecca Deurlein | BHG.Com Troy Warren for CNT #HomeGarden  #RealEstate Passive income, family time, handsome profits upon selling—if you do it right, your vacation home can do it all. These tips from finance and real estate experts will help maximize your returns. When my husband and I bought our first vacation property, it was 2004, and we had been looking for an affordable ocean-front condo for a long time. The minute we opened the front door and saw the expanse of ocean before us, we were sold. A month later, we placed the condo in a rental program and started collecting monthly income.…
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The 15 best virtual tour software for real estate to whip up more buyer interest

The 15 best virtual tour software for real estate to whip up more buyer interest

By Beth Townsend | JamesEdition.Com Troy Warren for CNT #RealEstate  #Business The future of property tours is virtual – are you ready? Two out of three people want more virtual tours according to certified Google Street View Trusted photography CPCP. Their survey found 67% of respondents want more business listings to have virtual tours. In real estate, virtual tours have become much more common as a result of COVID-19 but it’s a trend that is set to stay and has a real benefit for listings and attracting high-quality buyers and investors. Travel restrictions were a key driver behind virtual tour adoption,…
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Home Depot sales surge in hot housing market

Home Depot sales surge in hot housing market

By MICHELLE CHAPMAN, Associated Press Troy Warren for CNT #Business #RealEstate Home Depot’s sales continued to climb through the third quarter with the U.S. housing market red hot. Revenue rose 9.8% to $36.82 billion, exceeding the $34.97 billion Wall Street had expected, according to a survey by Zacks Investment Research. Sales at stores open at least a year, a key gauge of a retailer's health, jumped 6.1%, also better than expected. Those sales rose 5.5% in U.S. stores. Home Depot Inc. earned $4.1 billion, or $3.92 per share, easily topping projections of $3.41, as well as last year's quarterly profit of…
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Cinespace Studios Sold for $1.1B to TPG Real Estate

Cinespace Studios Sold for $1.1B to TPG Real Estate

BY ETAN VLESSING | HollywoodReporter.Com Troy Warren for CNT #Business #RealEstate The soundstages for Dick Wolf's 'Chicago Fire' and Netflix's 'Umbrella Academy' have been picked up by the real estate investor amid a streaming content boom. TPG Real Estate Partners has purchased studio campuses in Toronto and Chicago belonging to Cinespace Studios, home to production of major films and TV series like Dick Wolf’s Chicago Fire, Chicago PD and Chicago Med, Netflix’s Umbrella Academy and MGM’s The Handmaid’s Tale. Terms of the deal were not disclosed, but it’s understood from a source close to the transaction that the real estate equity investment arm of asset firm TPG paid around…
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Maui Wowie: Jeff Bezos Reportedly Buys $78M Compound in Hawaii

Maui Wowie: Jeff Bezos Reportedly Buys $78M Compound in Hawaii

By Claudine Zap | Realtor.Com Troy Warren for CNT #RealEstate   The founder of Amazon, Jeff Bezos, just added another property to his cart. The billionaire and his partner, Lauren Sánchez, recently picked up a 14-acre estate on the island  of Maui. The cost of the off-market transaction was said to be in the neighborhood of $78 million, Dirt reported. Bezos, whose company Blue Origin has launched him and a number of lucky guests into suborbital space, appears to enjoy the earthly delights of the the tropical paradise. Sweet spread Known as the Carter estate, the property is located on the island’s southern shore. Set on…
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Los Angeles: Meet L.A. Real Estate’s Rising Stars

Los Angeles: Meet L.A. Real Estate’s Rising Stars

BY SYDNEY ODMAN | HollywoodReporter.Com Troy Warren for LosAngelesNewsAndTalk.Com #RealEstate This crop of next-gen names have done deals for Pink, Kenya Barris, Justin Bieber and Nahnatchka Khan. Six emerging heavy hitters on the Hollywood real estate scene — Aaron Kirman Group’s Dalton Gomez, RE/MAX’s Shavonda Hill, Compass’ Lily Harfouche, The Agency’s Cooper Mount and Douglas Elliman duo Learka Bosnak and Heather T. Roy — all emphasize one marker of success in the business: discretion. Hill, who represented Kenya Barris in two transactions this year, has established herself as a go-to for high-profile buyers through word-of-mouth. “A lot of them want privacy and anonymity…
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Atlanta: Why Zillow won’t buy your home this year

Atlanta: Why Zillow won’t buy your home this year

By Nancy Clanton, The Atlanta Journal-Constitution Troy Warren for AtlantaNewsAndTalk.Com #HomeGarden #RealEstate   Atlanta among top three markets for ‘iBuying’ service during Q2 Supply chain problems have hit Zillow, the company announced this week, forcing it to stop buying homes through Zillow Offers for at least the rest of the year. Zillow Offers uses the “iBuyer” program, which allows the home buyer to choose a closing date that’s 10-60 days after signing. The home buyer is responsible for scheduling and paying for an inspection and appraisal of the property. If there are any safety issues with the home, the home buyer can request repairs.…
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10 Beautiful Small Towns in America Worth Moving To Today

10 Beautiful Small Towns in America Worth Moving To Today

by Ryan Castillo | RedFin.Com Troy Warren for CNT #RealEstate Are you looking to escape the hustle and bustle of city life? Does the idea of a laid-back lifestyle sound appealing to you? If you answered yes, then you should consider moving to a small town. Small towns across the US offer access to the outdoors, local shopping, and most importantly peace, quiet, and privacy that is rare in a big city. If this lifestyle sounds like something you’re interested in, we compiled a list of 10 beautiful small towns in America that you can move to today. From the beautiful Hawaiian…
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Phoenix: Metro Phoenix’s home prices poised to hit new record. Where are they climbing the fastest?

Phoenix: Metro Phoenix’s home prices poised to hit new record. Where are they climbing the fastest?

Catherine Reagor | Arizona Republic Troy Warren for PhoenixNewsAndTalk.Com #RealEstate   Metro Phoenix’s hot housing market cooled a few degrees during the summer, but prices are climbing again. The Valley’s median home price is expected to have hit $410,000 in September and climb to a new record of $415,000 by mid-October, according to the Arizona Regional Multiple Listing Service’s analysis of pending sales. The price increases are coming even as the supply of homes for sale continued to tick up and sales dipped slightly in August. That combination of slowing indicators had been keeping the Phoenix-area median home price hovering around $405,000…
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Los Angeles: Hot Real Estate Market Culver City Is Now “One of the Content Capitals of the Globe”

Los Angeles: Hot Real Estate Market Culver City Is Now “One of the Content Capitals of the Globe”

BY HADLEY MEARES | HollywoodReporter.Com Troy Warren for LosAngelesNewsAndTalk.Com  #RealEstate Amazon Studios, WarnerMedia and TikTok have all taken office space in the city in the past four years, with Apple recently announcing a 550,000-square-foot headquarters. In 1995, Adam Lilling, founder and managing partner of PLUS Capital, a venture advisory firm that helps talent invest in startups and build brands, moved into an office in Culver City, whose glory days as the home of MGM and RKO were long past. “The office we were in always leaked — if it rained you had problems,” he recalls. “You just drove to work and…
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