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https://journal.firsttuesday.us/wp-content/uploads/audio-The_AI_apocalypse_for_real_estate_agents.mp3Why this article is important: FSBOs have traditionally made up a small slice of the market. But will AI change that, making agents all but o...
Caruso is suing an old the Commons at Calabasas tenant. Rick Caruso’s outfit claims the tenant, which appears to be Fresh Brothers, a pizza place, didn’t pay its rent and owes $38,000. The shop’s lease expired, and it moved out — but C...
Quick gut reaction. Which investment do Americans trust more than stocks, gold, savings accounts, and bonds? The answer hasn’t changed in 14 years.
It’s real estate. And this year, that answer comes with even more conviction behind it. N...
Westland Real Estate Group is trimming its apartment portfolio in Los Angeles County. The Long Beach-based firm sold a four-property apartment portfolio comprising 52 units in Inglewood’s Fairview Heights neighborhood for a total of $12 mill...
There were 224 transactions totaling $434 million filed in New York City records in the 24 hours before 4 p.m. on Wednesday, July 8.🏆Residential: The most expensive home sale recorded in New York was on the Upper East Side, where a nearly 5,...
There were 196 transactions totaling $306 million filed in New York City records in the 24 hours before 2:30 p.m. on Thursday, July 3.🏆 Commercial: A warehouse in Long Island City at 44-68 Vernon Boulevard sold for $15.5 million, representin...
Why this matters: Brokers and agents maintain their licenses based on their own interpretation of the real estate market and how it affects fee-generating services. For those most invested in maintaining their practice — namely brokers — th...
Why this matters: Jobs bring income needed to rent or buy a property, and more users of real estate mean more rental or sales transactions — for brokers that’s fees. The level of jobs throughout California’s population tracks with the ra...
David Barbosa is one of the most prestigious brokers in the idyllic suburb of Westfield, NJ, with regular listings valued in the multimillions.But in 2019, he was handed the strangest listing he'd ever had: a gorgeous 1905 Dutch Colonial at 657...
There were 187 transactions totaling $271 million filed in New York City records in the 24 hours before Thursday, May 21.🏆 Commercial: The priciest commercial deal to hit records was in the Garment District, where a 10,300-square-foot, vacan...