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Buckhead Investment Partners of Houston, the developer of the controversial Ashby Tower high-rise in Houston, will not have to pay $1.2 million in damages to neighboring residents. Ashby Tower has been making waves in the Houston community since 2007. Residents of surrounding neighborhoods such as Boulevard Oaks have continued to petition the city against the …

Court overturns Ashby Highrise neighbor’s $1.2M damages ruling Read More »

City by city throughout the nation, residents are standing up against short-term rentals. While the trend isn’t necessarily new, the increase in popularity has led to some residents fighting to keep travelers out of their communities. Ordinances and regulations over the past year have been introduced in several vacation towns where travelers flood the area, …

Short-term rentals no longer welcome in Anaheim Read More »

When the housing bubble popped in 2008, it was especially bad news for homeowners with mortgages — those who’d bought just before the slump found themselves paying off mortgages on homes that were suddenly worth less than the mortgage … Powered by WPeMatico

An annual general meeting of Scout24 Group, held June 23 in Berlin, shed light on the impact of the German Rental Law Amendment Act on Germany’s 34,000 real estate agents. The new law (introduced last year) requires that brokers must be paid by the person who ordered their services and cannot, for example, ask renters …

Scout24 grows despite German property law Read More »

On the heels of Brexit, the ultra-luxury housing market is in question. Mega-mansions and lush estates in Los Angeles are prone to price cuts, according to a recent post in the New York Times, but the slowdown was somewhat expected this year even before Britian’s vote. The oil turn, global economics and rising home prices …

Ultra-luxury housing market slows, but still moving Read More »

Oh, goody. More chaos. Long-term rates all over the world have been cruising lower, pulled down by trouble over there — trouble which we’ve known about for years, but which Brexit emphasized … Powered by WPeMatico

Clareity Security’s value can best be defined as, according to Marketing Director Jeff Nieto, “the plumbing.” I disagree. The company’s new product aimed at real estate brokers is much more glamorous than dank pipes covered in cobwebs … Powered by WPeMatico

After Britain voted to leave the European Union, business and economic leaders began to grow a bit frantic. How will the exit impact foreign investment in U.S. real estate following the decision? Likely, it’s going to depend on the location … Powered by WPeMatico

One of the most persistent myths still making its rounds is that you need 20 percent down to get a mortgage. In fact, you have not needed 20 percent down since FHA went into business in 1934. In recent years, as lender scramble for millennial borrowers, low down payment programs have proliferated like rabbits, from …

The 20% fallacy: Why you do NOT need 20% down — or do you? Read More »

Zumper recently examined the median rent prices for one-bedroom homes in Washington … Powered by WPeMatico