Odenton Real Estate News
Friday Apr 10 | via The Washington Post
The spring home-buying season has started strong in the D.C. region with house hunters scooping up places to live at a brisk pace. The 3,662 sales last month were the most for the month of March in the past five years and represented a nearly 16 percent increase in sales compared to March 2014, according to data released Friday by RealEstate Business Intelligence, a subsidiary of MRIS. Comment?
Wednesday Apr 1 | via The Washington Post
These sales data, recorded by the Maryland Department of Assessments and Taxation, were provided by Black Knight Financial Services. For information about other residential real estate transactions, visit www.washingtonpost.com/homesales . Comment?
Wednesday Mar 25 | via The Washington Post
These sales data recorded by the Maryland Department of Assessments & Taxation were provided by Black Knight Financial Services. For information about other residential real estate transactions, visit www.washingtonpost.com/homesales . Comment?
Mar 10, 2015 | via The Washington Post
Unlike in 2014, when home buyers seemed put off by wintry weather, they appear more willing this year to brave the cold and snow to find a place to live. February's winter storms didn't do much to damper the enthusiasm in the D.C. region's housing market, an encouraging sign heading into the busy spring season. Comment?
Mar 8, 2015 | via The Maryland Gazette
Luxury townhouses like this can be seen as more bang for the buck - by developers and buyers - and recent development in Anne Arundel County reflects that. The number of townhouses being built each year has more than doubled since 2012. Comment?
Tuesday Apr 14 | via Natl. Relocation & Real Estate
RE/MAX 100, based in Maryland and made up of six offices and 270 agents, has been sold to Ken Crowley, the current broker/owner of RE/MAX Realty Group in Gaithersburg. With five offices in Maryland and one in Northern Virginia, RE/MAX 100 agents were responsible for nearly $1 billion in residential home sales in 2014. Comment?
Tuesday Apr 14 | via The Washington Post
David Charron, president and CEO of Rockville-based multiple-listing service MRIS , writes an occasional column about the Washington-area real estate market. The Maryland suburbs experienced the best and worst of the housing crisis. Comment?
Sunday Apr 5 | via The Maryland Gazette
When House Bill 51 came up for a vote in the House of Delegates , Del. Meagan Simonaire rose to her feet to speak on the floor for the very first time. Comment?
Friday Apr 3 | via Housing Wire
A former real estate agent will spend the next 57 months in prison after being convicted of conspiracy to commit wire fraud and aggravated identity theft, stemming from a massive residential mortgage fraud scheme that defrauded lenders, the Federal Housing Administration , Fannie Mae , and Freddie Mac of nearly $2.5 million. According to the U.S. Department of Justice , Edgar Tibakweitira, a/k/a "Edgar Julian," "Charles Edgar Tibakweitira," and "Edgar Gaudious Tibakweitira," age 46, of Severn, Maryland, used his position of as a real estate agent to build a group of co-conspirators who obtained mortgages for properties at values well above the properities' actual market value and pocketed the excess funds. Comment?
Thursday Apr 2 | via Insight News
For many professionals, the road to success starts with humble beginnings. Because B. Doyle Mitchell Jr., president and CEO of Industrial Bank, inherited his business, he has felt he has always had something extra to prove. Comment?
6 min ago | via South China Morning Post
The prices of new homes fell in March from February in 49 of 70 mainland cities tracked by the government. Photo: Bloomberg Fewer mainland cities saw home prices fall in March as demand was boosted by two interest-rate cuts since November last year and the end of property curbs. Comment?
13 min ago | via ABC News
The Northern Territory's weakening housing market and population growth has seen the jurisdiction slip from the top spot in the latest State of the States economic report. The quarterly report from CommSec found New South Wales is Australia's number one jurisdiction for economic performance, followed by the NT, Western Australia, Victoria, Queensland, the ACT, South Australia and Tasmania. Comment?
22 min ago | via Reuters
Prologis Inc, which owns warehouses and retail-distribution centers, said on Sunday it would acquire the real estate assets and operating platform of closely held KTR Capital Partners and its affiliates for $5.9 billion. The assets consist of KTR's three co-investment funds and will be part of Prologis U.S. Logistics Venture, a joint partnership with Norges Bank Investment Management, according to a press statement. Comment?
25 min ago | via Benzinga
The following are the M&A deals, rumors and chatter circulating on Wall Street for Friday April 17 through Sunday April 19, 2015: The Deal : Prologis announced Sunday, it has signed definitive agreements to acquire the real estate assets and operating platform of KTR Capital Partners for $5.9 billion. The transaction includes the assumption of about $700 million of secured mortgage debt and the issuance of up to $230 million of common limited partnership units in Prologis to KTR. Comment?
42 min ago | via The Capital-Journal
"It made a ton of sense to acquire them and bring the business here," said Derek Thompson, co-founder of Advisors Excel. Thompson, Cody Foster and David Callanan purchased Modern from Craig Dereka for an undisclosed amount, the business will be renamed Go Modern. Comment?
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