real estate

A total of 20,274 new and resale houses and condos sold in December 2012, which is up 5.1 percent from the 19,285 in November 2012 and up 5.3 percent from the 19,247 sold in December 2011.  Sales [...]

Developers report that although money is still tight for new commercial development, money is far more available that it was a year ago, especially for new multiunit development. “It’s a good [...]

This is review and reminder to a post earlier in the year. A 1031 exchanger must complete the acquisition of a replacement property in a 1031 exchange before midnight on the earlier of the 180th [...]

According to Data Quick, 19,285 new and resale houses and condos sold in Los Angeles, Riverside, San Diego, Ventura, San Bernardino and Orange counties in November 2012.  Sales were down 8.5 [...]

New data show major rebound in both commercial and residential construction led almost entirely by multifamily and single family development. Developers and builders started construction on the [...]

Columbus and Central Ohio October home sales were up for the tenth consecutive month with sales of 1,990 up 24.8 percent from October 2011 according to the Columbus Board of Realtors. Average [...]

CoStar’s CCRSI index show strong pricing gains across all commercial real estate segments for September 2012.  Third quarter commercial real estate transactions closed with with strong [...]

Prices are still trending upward.  Homes prices in the Columbus and Central Ohio area are up from same month last year with an average price of $169,413.  That’s up 8.1 percent over September [...]

The news is good again.  Homes prices in Columbus and Central Ohio are up from same month last year  with a average price of $178,766, which is up 6.4% over the same month last year. 2,326 [...]

According to DQ News, Southern California home sale rose to a six year high for the month of August.  A total of 22.438 new and resale homes sold in Southern California.  That’s up 9% from July [...]

The National Association of Realtors sums it up pretty well in the attached August 2012 Commercial Real Estate Outlook when they opine that the economy has gone on vacation.  That’s pretty [...]

Great news:  homes prices in Columbus and Central Ohio hit their highest in five years with a average price of $186,781, which is a whopping 10.3% higher than July 2011.  The higher priced areas [...]

There’s continued good news for the Central Ohio market as homes sales were 2,429 for June 2012, up 18.1% from the 2,056 for June 2011.  Sales for the first half of the year were 10,473, up from [...]

DQ News reported that homes sold in Southern California rose for sixth consecutive month to 22,075 for June 2012.  This number was down .5% from May 2012, but up 7.5% from the 20,532 sold in June [...]

As prices get stupid for the product of choice –  the triple net or absolute net, S&P BBB or better, single tenant retail, it starts pulling up secondary  and tertiary markets and [...]

I attended a seminar last week sponsored by the Columbus Board of Realtors with one of our largest regional banks, and I want to disseminate some of what I heard.  Banks once again have [...]

Unfortunately, we may have a much better reason in a few months to do a 1031 exchange when and if the Bush tax cuts expire.  However, there will likely be folks who decide to cash out and sell [...]

For April 2012, DQ News reported that 19,284 new and resale homes sold Southern California last month. That was down from March by 3.4% and up 5.1% from the 18,344 sold in April 2011. April’s [...]

Given that election time is but six months away, I’m hearing a bunch of ‘what if’ discussion from clients, friends and other commercial brokers regarding potential tax ramifications with the [...]

A strengthening residential market seems to be the rule around central Ohio over the last year and its getting stronger.  First quarter 2012 homes sales for Central Ohio were up 7.1 percent over [...]