Archive for the ‘Real Estate News’ Category
Monday, November 19th, 2007
I spent the weekend in Simi Valley California with my family. I spent my first 18 years there and saw the city grow to over 150,000 people.
The most recent 2000 Census data had total rental properties at 8,151 with a 3.8 % vacancy rate. 22% of the occupied housing units ...
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Tuesday, November 6th, 2007
According to the latest Census bureau data the total inventory for vacant units including rental units, vacation homes, and properties not for sale or rent hit 17.9 million ending September 2008. This is up 7.8% from a year ago.
Posted in Real Estate News | 1 Comment »
Saturday, November 3rd, 2007
Internet Brands, the company who has been on an acquisition shopping spree and most recently acquired ApartmentRatings.com and thatrentalsite.com just filed to raise $45 million in an IPO. Since 2004 they have acquired 55 internet related sites. The company lost $2.4 million for the first 9 months of 2007 ...
Posted in Real Estate News | 4 Comments »
Wednesday, October 31st, 2007
Forbes.com released their list of the top cities to invest in. Here is their list:
1) Fort Worth Texas
Median home sales price: $156,500
Price change from 2006: 1.7%
Expected home turnover in 2008: 6.03%
Turnover ranking: 5
2) Kansas City, Missouri
Median home sales price: $157,700
Price change from 2006: -0.7%
Expected home turnover in 2008: 6.21%
3) Houston, ...
Posted in Real Estate Investing, Real Estate News | 2 Comments »
Tuesday, October 2nd, 2007
Rent.com is supposedly launching a single family home rental website to compete with the likes of rentalhomesplus, rentvine, rentals.com, mynewplace and others. They are no longer accepting postings on rent.com of 20 units or less and are most likely going to launch the new site early in 2008.
What does this ...
Posted in Real Estate News | 1 Comment »
Monday, October 1st, 2007
Pat Kitano of transparentre a blog on the transparency of real estate wrote a great article Entitled "What Active Rain should do Now."
Active Rain's Challenges
1) AR owns the bloggers, who owns the content?
2) Developing the proforma revenue model
3) AR needs to augment their relatively puny consumer traffic
4) Management ...
Posted in Real Estate News | 2 Comments »
Thursday, September 27th, 2007
From Glenn Roberts Jr. of Inman News:
ActiveRain, an online real estate blogging community and social network with about 47,000 members, has filed a lawsuit against property-search giant Move Inc. that seeks millions in damages and alleges that Move broke the law when it backed out of an acquisition plan ...
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