The Real Deal - New York Real Estate News

Miami Association of Realtors agrees to collaborate with 15 counterparts in Mexico

Posted: 06 Jan 2019 01:00 PM PST

The Miami Association of Realtors signed collaboration deals with multiple associations of real estate agents in Mexico as South Florida homes gain appeal among Mexican investors. In addition to other reasons, “the shift to a new Mexican president this year amidst continued political instability is also leading Mexican buyers to purchase in South Florida,” George C. Jalil, chairman of the board of the Miami Association of Realtors, said in a prepared statement. Mexican citizens spent […]

The countries where real estate investment can yield a passport

Posted: 06 Jan 2019 12:00 PM PST

The United States is hardly the only country that offers immigration opportunities in exchange for investments. Other countries have their own versions of the EB-5 program in the United States, which provides green cards in exchange for employment-generating investments of $500,000 or more. Some countries offer citizenship in exchange for investments – normally in real estate – while others offer a residency visa. Business Insider compiled the following list of countries that offer residency or […]

Here are the cities slated to have the hottest housing markets in 2019: report

Posted: 06 Jan 2019 11:00 AM PST

While the national housing market is slated to continue cooling in 2019, there are a number of local markets poised to see significant growth. Inman used Realtor.com’s housing market data to list the 10 hottest housing markets in 2019, with the majority of the list comprised of smaller markets where local economic factors are playing a big role in the housing market. The biggest cities to make the list include Miami (number 9), Boston (10) […]

Silicon Valley town with no restaurants home to the priciest real estate of 2018

Posted: 06 Jan 2019 10:00 AM PST

Aside from the millionaires working in Silicon Valley, it’s likely most of the country has never heard of a small town called Atherton. But the quiet neighborhood, which features no shops or restaurants, was the nation’s most expensive place to live in 2018, according to a new ranking from data website PropertyShark. Atherton, located just 20 minutes away from the headquarters of Google and Facebook, was ranked the most expensive zip code in the country […]

WATCH: Anthony Scaramucci on his Opportunity Zone fund’s $2B deal pipeline

Posted: 06 Jan 2019 09:00 AM PST

Watch the latest video at foxbusiness.com SkyBridge Capital founder Anthony Scaramucci claims his Opportunity Zone fund has $2 billion worth of deals in its pipeline. Scaramucci appeared on a segment broadcast by Fox Business Network on Friday to talk about the economy, the federal Opportunity Zone program and his hedge fund’s recently-launched fund, which will be structured as a REIT and will focus on investing in Opportunity Zones. SkyBridge’s Opportunity Zone REIT, known as SOZ REIT, […]

iBuyer firm focused on multifamily properties launches in LA

Posted: 06 Jan 2019 08:00 AM PST

A new company has entered the increasingly crowded iBuyer market promising quick and easy sales without charging sellers premiums. Go iBuyer is a privately funded startup that launched this week out of Malibu, California, according to Inman. It was founded by Keller Williams agents David Bramante and Kayla Horwat — the same team behind My Home Agent, a lead generation company that works with voice technology including Amazon’s Alexa. Go iBuyer looks to carve out […]

Watchdog asks DOJ to investigate Ivanka Trump over her work on the Opportunity Zone program

Posted: 06 Jan 2019 07:00 AM PST

A complaint filed with the Department of Justice calls for scrutiny of White House adviser Ivanka Trump’s work on the federal Opportunity Zone program and her family’s various investments within designated zones. A watchdog organization asked the DoJ on Friday to launch an investigation into whether Trump had violated federal conflict-of-interest law by advocating for the Opportunity Zone program while she stood to make money from her interests in various projects and companies that could […]

Seattle apartment rents slide as one in 10 apartments sit vacant

Posted: 06 Jan 2019 06:00 AM PST

Renters aren’t moving to Seattle fast enough to keep pace with the city’s ballooning inventory. About 10.5 percent of apartments inside Seattle city limits are now vacant, compared to 9 percent at the end of 2017 and 7.7 percent a year before that, according to the Seattle Times. And the region’s frenzied rate of construction shows no sign of slowing — about 24,000 units are permitted or under construction in the Seattle area, with another […]