Could Crowdfunding Be the New Thing in Real Estate?


Crowdfunding is gaining momentum in real estate, with the amount of money raised, the size of deals and how fast they occur steadily increasing.

Crowdfunding is a way of raising money, usually through the internet, by getting small amounts from many people.

Nav Athwal, founder and chief executive of RealtyShares in San Francisco, says, “We are very eager to one day be able to open our platform to anybody that wants to put $1,000 or a couple hundred bucks into real estate, because let’s face it, real estate is one of the best ways to build wealth and you shouldn’t have to have a certain net worth to invest in real estate.”

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New Report Shows Housing Market is on the Upswing


After some not-so-good years, the housing market is finally starting get a boost.

The market, however, has had a few changes since the recession. For one, home buyers are getting older, with the average age of a homebuyer now 43, up from 35 in 1985.

“We consistently tell that story of people delaying homeownership,” says Skylar Olsen, senior economist at Zillow. “People are delaying things that pre-date homeownership — like getting married later and having children later.”

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Real Estate Tech Startups Get Both Good and Bad News


At an event hosted by Rubicon Venture, technology startups got some good and bad news.

According to data from CB Insights, more than $1.4 billion is expected to be invested in real estate tech startups this year.

But Dave Eisenberg, chief executive of Floored, offered a warning for entrepreneurs: it may be challenging to convince customers that they need new technology.

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Interest in Charter Schools Growing Among Real Estate Investors

Inside My Classroom

As state and local governments in crease spending on charter schools, more and more real estate investors are becoming interested.

Charter schools, while often operated by nonprofit organizations, often rent and buy buildings from private real estate companies.

Many real estate firms are now investing in charter schools because of the growth of the charter school movement. According to the National Alliance for Charter Schools, 500 new public charter schools opened in the 2014-2015 school year.

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Real Estate Company Building Luxury Private Islands


Luxury real estate developer OQYANA Real Estate and Amillarah Private Islands are collaborating to create 33 floating islands in Dubai.

Paul Van de Camp, the CEO of Dutch Docklands says the project is one of a kind and that they are the only company offering floating private islands in the world.

“Our ‘Amillarah Private Islands’ are completely self-supporting, scarless and all contain the latest state-of-the-art technology,” said Van de Camp. “Each one will be a piece of art that you can live in.”

Image via Facebook/Dutch Docklands International

Continue to original source. Reveals Top 5 Factors in 2015 Real Estate Sales


On Thursday, released a new report detailing the top five reasons individuals and families purchased homes in 2015.

According to the site, many homeowners simply grew tired of their current digs and craved a change of scenery. For others, it was a combination of low interest rates, steady asking prices, increased savings and – in some cases – a growing family.

“A change in family circumstance or composition was cited by 18% of this year’s active home shoppers,” noted reporter Jonathan Smoke. “Births increased last year and appear to be poised for another year of growth this year.”

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Manhattan Real Estate Hits New Price Record


The square-foot price of real estate in Manhattan hit a record high in the third quarter of 2015, rising to $1,497.

According to a report released by Douglas Elliman on Thursday, in addition to rising prices, New York City is also experiencing a tightening inventory as apartments continue to sell faster and with more frequent bidding wars – and there are no signs of letting up.

“Everything is selling fast, I don’t see how there could be a bubble,” said Howard Lorber, chairman of Douglas Elliman. “I think to some degree real estate follows the stock market, but people buy real estate to live in also, not just to invest in.”

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Many Renters Not Ready to Buy

By now, it’s no secret that the rental market nationwide is skyrocketing, with more people renting than ever before – and rental prices soaring to new heights.

But despite the rising costs, most tenants are largely satisfied to keep renting and have no plans to buy a home any time soon.

According to a new report released by Freddie Mac late last week, 55 percent of renters plan to continue doing so over the next three years, while the remaining 45 percent would consider buying in that time frame.

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New Report Uncovers Why Many Americans Wait to Buy First Home


According to a new report released by the Associated Press on Monday, Americans are waiting longer than ever before to buy their first homes – and it’s due to a shortage of cash and unsettled careers.

The news source – referencing data from Zillow – revealed that the typical first-time homebuyer now rents for six years before purchasing their first property. That number is up from 2.6 years in the early 1970s.

Millennials are “still very interested in buying a house, but they’re delaying that decision,” explained Svenja Gudell, chief economist at Zillow. “Once they start having kids, they begin looking for homes. We’re also finding that – given how much rental rates are currently rising – a lot of folks are having a hard time saving for a down payment and qualifying for a mortgage.”

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New Report Shows Where Inflation Is Most Prevalent


Although much of the country is currently enjoying a drop in gasoline prices and certain other commodities, inflation has most certainly not gone away.

According to CNBC, there are several areas where the cost of goods and services has skyrocketed recently, with construction prices leading the way.

“We forget about this (services) component but it is nearly two-thirds of producer costs,” said economist Joel Naroff. “Trade, transportation, warehousing and government services all posted gains. This portion of the economy should provide a base for inflation.”

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