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Month: September 2018

Incidents of property crime are falling across the country says FBI

(Credit from left: Public Domain Pictures.net, Max Pixel) Your property is a little bit safer today than it was last year, the Federal Bureau of Investigation said this week. A countrywide review of property crime, defined as ...

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  • 30 Sep
  • The Real Deal
  • Uncategorized
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Long Beach sticks solar-powered townhomes dev downtown

City Ventures is nearly complete with the second phase of a townhome development in the heart of downtown Long Beach. (Courtesy City Ventures) In an era increasingly defined by dense development in big cities, Long Beach decided to go ...

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  • 30 Sep
  • The Real Deal
  • Uncategorized
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The number of buyers who find an agent online is still only 9 percent

(Credit: Pixabay) The internet may be changing the real estate industry, but the amount of people who find an agent online has been stagnant for a decade. Just 9 percent of buyers find an agent online, which was the same amount that ...

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  • 30 Sep
  • The Real Deal
  • Uncategorized
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Los Angeles is the top city millennials are moving to

(Credit: Pixabay, Adoramassey via Wikimedia Commons) Millennials are increasingly moving west. CNBC ranked what areas saw the biggest influx of millennials between 2011 and 2016 by using a combination of data from Zillow and RENTCafé. ...

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  • 30 Sep
  • The Real Deal
  • Uncategorized
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Looking to buy property overseas? These countries don’t want your money

(Credit: Seth Werkheiser, Casey Allen via Pexels) If you’re looking to purchase property overseas, the options are becoming increasingly limited. New Zealand is the latest country to clamp down on foreign real estate investment, citing ...

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  • 29 Sep
  • The Real Deal
  • Uncategorized
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Major Chinese investments could shake up home-sharing

(Credit: Mike Gonzalez, Pixabay) The multi-billion-dollar home-sharing industry, which is transforming short-term rental markets around the globe, could soon be redefined by new competitors. One of Airbnb’s biggest rivals, Xiaozhu, is ...

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  • 29 Sep
  • The Real Deal
  • Uncategorized
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Amazon inks lease for enormous 1.1M sf warehouse in Stockton

(Credit: Len Edgerly, CT Realty) Amazon is hungry for so-called fulfillment centers, and it just found another super enormous one in Stockton. The e-commerce behemoth inked a lease for CT Realty’s 1.1-million-square-foot facility in ...

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  • 29 Sep
  • The Real Deal
  • Uncategorized
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This week in celeb real estate: Kevin Garnett shops half-finished Malibu manse, Beverly House hits the block, again…and more

Kevin Garnett and his half-finished Malibu mansion, Beverly House, with “The Godfather” movie poster (Credit: Getty Images, Hilton & Hyland) This week in celeb real estate featured big buys from notorious home-flippers, a ...

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  • 29 Sep
  • The Real Deal
  • Uncategorized
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Big plan for rail line through WeHo chugs closer to reality

Sunset Tower, 8358 Sunset Blvd. West Hollywood (Credit: Edi Maps, Wikimedia Commons) The dream that Angelenos will one day commute by light rail to West Hollywood — bypassing some of the city’s worst traffic — chugged closer to reality ...

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  • 28 Sep
  • The Real Deal
  • Uncategorized
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Multi-family projects filling up Boyle Heights

Andrew Raitt and Verono Investments hopes to build a 34-unit apartment building in Boyle Heights (Credit: Google Maps) A company filed plans this week with Los Angeles to build its second multi-family project in Boyle Heights. Pleasant ...

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  • 28 Sep
  • The Real Deal
  • Uncategorized
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