Real Estate Software

Westbrook Partners Gets a Deal on Four Seasons

by admin on March 22, 2010

Westbrook Partners has moved in to the aid of Millennium Partners, including the San Francisco Four Seasons which was in foreclosure. The deal is seemingly a good one for Westbrook but what this deal signals is that the market was shifting. Banks, which for some time were unfit and/or unsure of what to do with

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Westbrook Partners Gets a Deal on Four Seasons

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Deloitte’s Theory on CRE: Could Be, May Be, and Expected To

by admin on March 22, 2010

Deloitte is out with a report titled “Perspectives on Real Estate: Uncovering Opportunity in a Distressed Market”. It’s a good read. It pretty much tells you everything we already knew was broken, that we are facing problems with: Declining Real Estate Values Debt Maturity and Credit Access Stalled Construction The rest of the report is peppered with uncertainty, and

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Deloitte’s Theory on CRE: Could Be, May Be, and Expected To

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AB2640 Seeks to Repeal 1031 Exchanges in California

March 15, 2010

First of all, for those of you who dropped me a note wondering if I was still alive, rest assured I am. Thanks for the concern. Now to the pressing issue, a bill within the California state assembly which seeks to repeal the tax benefits of 1031 exchanges in California. We’ve been discussing for a while

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The Cleveland Fed Justifying Its Existence

March 3, 2010

….this was actually put out by the Cleveland Fed on March 1, 2010. I wouldn’t believe it unless I saw it. [via ZeroHedge]

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$46B in CMBS Balances Now Delinquent

March 3, 2010

RealPoint’s February report is out and things continue to get worse on the CMBS front. Not only is the oustanding CMBS loan amount huge, but the rate of growth is staggering. The amount of distressed 90+ day loans rose 28% in one month. In January 2010, the delinquent unpaid balance for CMBS increased by another $4.3

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LeFrak and Flexner on CNBC

March 3, 2010

Tom Flexner, head at Citi Global Property and LeFrak of the LeFrak Organization on CNBC. Lots of capital sitting on the sidelines, and LeFrak is trying to figure out how to deploy it. Flexner’s answer: reduce your return requirements.

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Golden State Portfolio Hits The Market

March 2, 2010

Back in December, CBRE won the pony show to sell off a 7 million square feet portfolio of our property. It’s officially hit the market and just in time for IOU’s.

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San Jose Update

March 1, 2010

The Redevelopment Agency has issued its monthly report and while activity at downtown San Jose condos seems to be improving, sales continue to be extremely slow: 360 Residences – 0/213 Units Closed Escrow (but they are getting a Subway on the ground floor!) Axis – 86/329U Closed Escrow City Heights – 95/124 Units Closed Escrow Tower 88 – 57/197

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NAR Launches New Consumer Site

February 22, 2010

NAR debuts a new Web site, featuring the information and tools consumers need to protect, maintain, and increase the value of their home.

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NAR Launches New Consumer Web Site

February 17, 2010

HouseLogic provides information and tools consumers need to protect, maintain, and increase the value of their home. As part of the HouseLogic site, the REALTOR® Content Resource offers free, members-only content you can use to drive your business forward and stay in touch with clients.

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Fourth Quarter Existing-Home Sales Surge in Most States, Prices Up in More Areas

February 11, 2010

Strong gains in existing-home sales were the predominant pattern in most states during the fourth quarter, with many more metro areas seeing prices rise from a year earlier, according to the latest survey by the National Association of Realtors®.

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Pending Home Sales Stabilize, Remain Above Year-Ago Levels

February 2, 2010

Pending home sales have leveled from a market swing driven by response to the home buyer tax credit, according to the National Association of Realtors®.

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REALTORS® Donate $550K to Haiti Relief and REALTOR® Good Neighbor Winner

January 22, 2010

The REALTORS® Relief Foundation of the National Association of Realtors® is contributing $550,000 to the relief of victims of the Haiti earthquake, and is calling upon its 1.2 million members to help.

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NAR and Lowe’s Donate Relief Aid to Haiti and Good Neighbor Winner

January 21, 2010

The National Association of Realtors® and Lowe’s, a partner in NAR’s REALTOR Benefit® Program, are coming together to contribute relief to Haiti and the victims of the country’s recent earthquake. Together NAR and Lowe’s are leading the charge as Realtors® spread the awareness of good neighbors to those in desperate need.

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NAR Names Executive Director of Real Estate Standards Organization (RESO)

January 15, 2010

Travis Wright, a 30-year real estate and technology industry veteran, has been appointed executive director of RESO. RESO oversees the NAR-supported Real Estate Transaction Standard.

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NAR Names New Executive Director to the Real Estate Standards Organization

January 12, 2010

National Association of Realtors® member Travis Wright, a 30-year real estate and technology industry veteran, has been appointed to executive director of the Real Estate Standards Organization.

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Proquest Access FREE

January 6, 2010

The NAR Library’s ProQuest feature allows members to access full-text articles of more than 1500 business publications, for free. Save $120 a year on the Wall Street Journal alone!

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Right Tools, Right Now

January 6, 2010

Taken advantage of the free or at-cost resources available through this NAR program? A wealth of technology resources is at your fingertips.

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Another Big Gain in Existing-Home Sales as Buyers Respond to Tax Credit

December 22, 2009

Existing-home sales rose again in November as first-time buyers rushed to close sales before the original November 30 deadline for the recently extended and expanded tax credit, according to the National Association of Realtors®.

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Buyer’s Guide: Tech Wish List for 2010

December 21, 2009

Learn which technologies can make you a more effective professional.

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Commercial Real Estate Overview and Outlook

December 10, 2009

(Dec. 10) NAR Economist George Ratiu provides an overview of current commercial market conditions and a glimpse ahead at 2010.

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Nine Consecutive Gains for Pending Home Sales

December 1, 2009

Pending home sales have risen for nine months in a row, a first for the series of the index since its inception in 2001, according to the National Association of Realtors®.

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NAR Grants $50,000 to Fund Local Realtor® Affordable Housing Activities

November 30, 2009

To help promote and expand local affordable housing opportunities in communities across the country, the National Association of Realtors® has awarded $50,950 to 16 local and state Realtor® associations through the Housing Opportunity Fund grants program.

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Existing-Home Sales Record Another Big Gain, Inventories Continue to Shrink

November 30, 2009

Driven by the first-time buyer tax credit, existing-home sales showed another big gain in October with a strong uptrend established over the past seven months, while inventories continue to decline, according to the National Association of Realtors®.

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Employer-Assisted Housing Forum Helps Bring Homeownership Within Reach

November 30, 2009

While reduced home prices and lower mortgage rates have helped increase affordability, homeownership is still out of reach for a large portion of working individuals. To help make homeownership more affordable for working families, the National Association of Realtors® partnered with the National Housing Conference to host a regional forum in Philadelphia today to raise awareness of employer-assisted housing benefits.

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NAR Announces Partnership with DocuSign to Deliver Electronic Signature Services to Members

November 30, 2009

An ability to sign bids and closing documents online will allow Realtors® to respond to buyers and sellers in a more timely manner, as the National Association of Realtors® today announced a business alliance with DocuSign, the leading provider of on-demand electronic signature solutions.

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Commercial Real Estate Forecast Uncertain

November 30, 2009

The recent deep economic downturn has had a pronounced impact on commercial real estate sectors, but credit availability is the big unknown that will determine how soon commercial markets recover, according to the National Association of Realtors®.

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NAR Installs 2010 Officers

November 30, 2009

Vicki Cox Golder, a Realtor® from Tucson, Ariz., was installed today as 2010 president of the National Association of Realtors® at the association’s Board of Directors meeting during the REALTORS® Conference & Expo here. Approximately 20,000 Realtors® and guests from the U.S. and abroad attended the annual meeting this year.

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NAR Recognizes Realtor® David M. Peretti of Winchester, Mass., for Distinguished Service

November 30, 2009

David M. Peretti, a Realtor® from Winchester, Mass., has received the National Association of Realtors® 2009 Distinguished Service Award. Out of 1.2 million Realtors®, no more than two are recognized with this award each year, which is announced during NAR’s annual REALTORS® Conference & Expo.

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NAR Recognizes Realtor® Jerry R. Teeson of Coon Rapids, Minn., for Distinguished Service

November 30, 2009

Jerry R. Teeson, a Realtor® from Coon Rapids, Minn., has received the National Association of Realtors® 2009 Distinguished Service Award. Out of 1.2 million Realtors®, no more than two are recognized with this award each year, which is announced during NAR’s annual REALTORS® Conference & Expo.

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Virtual Staging Brings Empty Homes to Life

October 30, 2009

Since many buyers today narrow their choices based on online photos, virtual staging is an economical way to show the potential of a vacant property.

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And the Winners Are…

October 14, 2009

CRT congratulates the 2009 REALTOR® Technology Spotlight Award winners. Join us in applauding these exceptional folks.

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Social Networking

September 15, 2009

Every junior high kid seems to have a Facebook page. Why should you? Learn about social networking Web sites and see how others have embraced social networking to attract more clients in this Updated Field Guide.

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Now Tweet This

September 11, 2009

Twitter is a great way to let your clients know what you are doing for them, post short descriptions of new listings, or keep your team on schedule. Check out the new NAR Field Guide.

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Webinar Summit Sept. 22

September 2, 2009

REALTOR® University offers a FREE, daylong Webinar Summit on Sept. 22, featuring leading experts to help you succeed in today’s market.

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The Essential Real Estate Dictionary App

August 27, 2009

Lisa Holton’s digital book – which features definitions, abbreviations, and Web sites and serves as a handy guide for buyers, sellers, and professionals – is available in the iTunes App Store.

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REALTOR® University Webinar Center

August 14, 2009

Check out the webinar center, featuring more than 30 timely topics. Webinars are both “live” and “on-demand”, so learn affordably and conveniently from the comfort of your home or office.

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Quick Take: 10-Year Treasury, Oil Prices, Commercial Real Estate

August 10, 2009

Commercial real estate continues to struggle with mortgage debt refinancing. Extending TALF’s availability for CMBS purchases would provide a measure of relief.

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2009 REALTOR® Tech Survey

August 10, 2009

The 2009 REALTOR® Tech Survey highlights REALTORS®’ use of technology. Key topics include social networking, technology sourcing, lead generation, relationship building, mapping, and security.

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New Economic Data: Uptrend Continues in Pending Home Sales

August 4, 2009

Pending home sales are up for the fifth consecutive month, the first time in six years for such a streak, according to the National Association of Realtors®.

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QUIZ: Using Social Networking for Business

July 28, 2009

Test your social networking smarts and learn more about this rapidly growing way to connect with clients.

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MLS RETS Compliance

July 28, 2009

Don’t forget – the MLS Real Estate Transaction Standard (RETS) compliance requirement was moved to December 2009, after MLS Board Policy review at this year’s NAR Midyear Meeting.

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Still Time! Nominate a REALTOR® for Technology Spotlight Award Through August 31

July 28, 2009

Know a REALTOR® whose outstanding use of technology makes a real difference in the business? Recognize them! Nominations open through August 31, 2009.

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Download REALTOR® Magazine’s Social Media Webinar

July 28, 2009

Listen to a July 16 webinar where experts walk you through understanding the key tools and concepts in the latest social media technology.

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Uniting for Commercial Real Estate

June 29, 2009

Read thoughts from NAR leader Gary Thomas on the recent gathering of commercial real estate associations and firms to find solutions to the industry’s serious liquidity and credit issues.

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Annual REALTORS® Technology Survey

June 9, 2009

It’s that time again, and CRT wants to learn about your technology usage and needs. Please take a moment to participate and pass the survey on to other REALTORS®, through Friday, June 19, 2009.

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10 Free Web Tools to Make Life Easier

June 9, 2009

This range of Web tools can be a great resource for you in your real estate business, and none will cost you a dime.

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Did You Know: Commercial Real Estate Market Survey

June 8, 2009

Did you know that in April, 43.79 percent of Commercial Realtors® reported financing as their market’s greatest challenge?

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Commercial Real Estate Hurt by Credit Crunch and Weak Economy

May 20, 2009

Read the latest news from NAR and view the Commercial Leading Indicator.

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Economists’ Commentary: Commercial Real Estate Faces Threat from CMBS Delinquencies

May 11, 2009

Adding to a difficult situation, commercial real estate is facing another threat–rising Commercial Mortgage Backed Securities (CMBS) delinquencies.

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