real estate Archives

General

Monterey: Sherman Smith Sentenced for Real Estate Development Fraud Scheme

Former Clovis Pastor, Sherman Smith Sentenced to over 7 Years in Prison for Real Estate Development Fraud Scheme Smith ordered to pay over $2 million in restitution FRESNO, CA (STL.News) Sherman Smith, 74, of Monterey, was sentenced today to seven years and three months in prison and ordered to pay $2,187,000 in restitution for a scheme that defrauded church congregants and others, U.S. Attorney McGregor W. Scott announced. In sentencing Smith, U.S. District Judge Dale A. Drozd said, “Mr. Smith is a con-man and a thief.” “Smith’s actions in this case went far beyond ‘misappropriation,’” said U.S. Attorney Scott. “In asking for church donations to support his scheme, he targeted widows for their deceased husband’s life insurance money; he asked for money to be withdrawn from retire...

Business

Attention Missouri Realtors: Get Your Real Estate MLS Listing Published

ST LOUIS, MO (STL.News) MO.Properties is a Missouri MLS Publisher aggregating MLS Listings from the various data providers throughout Missouri. It is owned by STL.News, LLC, and is based in St. Louis, MO. Today, they have 14,436 MLS Listings across the state of Missouri published. However, there are many more listings in Missouri that they could aggregate to promote the properties to prospective buyers. For for them to be able to do this realtors need technology support for this specialized marketing strategy. As with all technology, there is a certain amount of configuration to make this happen. Most of the large real estate brokers have IT departments that know how to make their listings publish across the web. However, many smaller real estate brokers do not have their own IT dep...

Business

Annual Home Price Gains Increased to 4.4% in March According to S&P CoreLogic Case-Shiller Index

NEW YORK (STL.News) S&P Dow Jones Indices today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices. Data released today for March 2020 show that home prices continue to increase at a modest rate across the U.S. More than 27 years of history are available for these data series, and can be accessed in full by going to www.spdji.com. Please note, due to deed availability delays at the local recording office caused by the COVID-19 crisis, sale transaction records for March 2020 for Wayne County, MI have not been accounted for. Since Wayne is the most populous county in the Detroit metro area, S&P Dow Jones Indices and CoreLogic are unable to generate a valid March 2020 update of the Detroit S&P CoreLogic SaseShille...

Real Estate News

Current Real Estate Market Trends in Kansas City

KANSAS CITY, MO (STL.News) Real estate is historically a favorite among long term investment choices during recessions. This trend continues now as real estate continues to rank as the top investment pick for the majority of Americans (35%), ahead of stocks and bonds (21%), savings accounts (17%) and gold (16%). The recent pandemic restrictions have made us all a lot more familiar with our homes. This newfound interest in real estate has also surfaced a number of questions about the future of real estate owned. While global markets were thrown into turmoil in the early days of the outbreak, the property market, broadly speaking, has remained resilient. As of April 2020, the median U.S. house price rose 8% year on year to hit $280,600. Buying a home is often seen as one of the most im...

Real Estate News

Benefits of seal coating asphalt pavement

Seal coating asphalt pavement is critical to prolong the life of asphalt (STL.News) Asphalt pavement is used to pave residential driveways, commercial parking lots, roads, and highways. Asphalt pavement does not last as long as concrete. However, proper maintenance can help to prolong the life of residential driveways and commercial parking lots. Assuming that the asphalt pavement was correctly laid with a solid base, routinely filling cracks and seal coating, the asphalt pavement will prolong the life of the asphalt pavement. Areas of the country where extreme weather changes, the freezing season is the cause of cracking in asphalt, allowing moisture to enter into the base, which will weaken and begin the process of deterioration. The best routine maintenance is each spring to fill th...

Real Estate News

Coronavirus Impact on Housing Market

(STL.News) The U.S. real estate is hit hardest by the Coronavirus. All the businesses from the mart were closed except those of essential. The same is true in real estate. The transaction was necessary for the transition to proceed, but are prohibited, such as an open house. However the real estate market is steadily coming back up. The contract is underway. Housing purchases became choosy and mortgage interest rates and the atmosphere was troubled but realtors are planning on closing houses at the beginning of May. Inventories are significantly less is true. Staging to sell the customers’ homes and continued to wait. Even if houses are on sale, no one comes and sees houses. Many sellers already remove houses temporarily from the market and that there was nothing for people. The...

Real Estate News

MListingS designed to help small real estate brokers to compete online

MListingS will enhance real estate brokers online presence using state-of-the-art-technology, syndicating their MLS listings across the web. ST LOUIS, MO (STL.News) While the real estate market will likely take a hit created by the coronavirus, the real estate market has approached its selling season. Spring is the best time for homeowners to list their homes for sale. It is too early to see how serious the impact of the economic shutdown will affect home sales. But if it does hit the real estate market as it will likely do, it is more important than ever for real estate brokers/realtors to make sure that they are offering the best marketing for their MLS listings. Most consumers that are seeking a new home turn to the internet for information for homes for sale in the area they want t...

Real Estate News

KIMCO Realty Announces Upsized Term Loan to $590 Million

Company Obtains Additional $215 Million Under Accordion Feature Increases Cash Position to over $900 million JERICHO, NY (STL.News) Kimco Realty Corp. (NYSE:KIM), one of North America’s largest publicly traded owners and operators of open-air, grocery-anchored shopping centers and mixed-use assets, announced Friday that it has closed on an incremental $215 million under the accordion feature of its previously announced $375 million unsecured term loan facility, bringing total borrowings under the facility to $590 million. In addition, the company has the ability to increase this amount by an additional $535 million, to more than $1.1 billion under the accordion feature, subject to further syndication. The term loan is scheduled to mature April 2021, extendable at Kimco’s option for one ye...

Technology

Top SEO tips for Real Estate websites

(STL.News) As a real estate agent, you may know why you and your property are noticed online by a significant portion of your customers. With all of their needs, a growing majority of customers turn to the web, and home-buyers are no different. But, how do you allow your real estate listings online available and findable? You will customize the listings for search engines through Search Engine Optimization (SEO) like SEO in Perth, which improves their popularity in the search results, ensuring more eyes and offers on your usable assets. If you want to know more about SEO tips for real estate websites, including SEO strategies to help you make your real estate business grow, then keep reading. If you are searching for technical tools for SEO of your real estate listings, click this lin...

Missouri

President’s Update – Missouri REALTORS®

(STL.News) In this video, Missouri REALTORS® President Jeff Kester, CEO John Sebree, and General Counsel Steve Graham discuss COVID-19, new forms created for our members and what we can expect moving forward. As an association, we continue to LEAD, ADVOCATE & ENGAGE. For more real estate information visit www.MO.Properties

Press Release

Realtyna offer digital products and services to real estate MLS publishers, brokers and agents

St Louis, MO (STL.News) Realtyna offers a WordPress plugin that will import MLS listings from a couple of resources. Additionally, they offer other options designed to add additional functionality to an MLS site, including Yelp list of businesses close to each property listed with Yelp ratings, web hosting, design and more. Realtynas' website list offices on the east and west coasts. Our parent company purchased products and services from Realtyna more than 12 months ago. We will be publishing an article offering comprehensive details about their products and services provided to the real estate industry. About the US real estate digital technology industry From our perspective, the real estate industry has not wholly leveraged everything that the web has to offer to help consumers eas...

Real Estate News

TruHome Solutions Enhances Its Customer Experience Using the Black Knight Servicing Digital Solution

JACKSONVILLE, Fla. (STL.News) - Black Knight, Inc. (NYSE: BKI) announced today that TruHome Solutions, LLC, https://www.commercebank.com/a credit union service organization (CUSO) that assists credit unions nationwide in offering mortgage loans to their members, will use Black Knight's Servicing Digital solution to deliver detailed, timely and highly personalized loan information to members of TruHome Solutions' credit union partners about the value of their homes and how much wealth can be built from these real estate assets. Servicing Digital will help TruHome Solutions deepen partners' member relationships and increase member retention by giving consumers easy, round-the-clock access to home and loan information; the ability to make a mortgage payment online; and present opportunities f...

Real Estate News

Top 10 U.S. Real Estate News – October’s Important, Trending & Celebrity Home News

POMPANO BEACH, FLA. (STL.News) - Top 10 U.S. Real Estate News – October's Important, Trending & Celebrity Home News “October's Top 10 U.S. Real Estate News” “Gwen Stefani's Beverly Hills Home – Sold” Gwen Stefani has sold her Beverly Hills home for $21.65 million. Gwen and ex-husband, Gavin Rossdale, bought the 15,000-square-foot home in 2006 for $13 million. When Gwen first put it on the market in 2017, she was asking $35 million for the home. “Brady – Budchen Home Reduced” After just two months and no sale, Tom Brady and Gisele Budchen have reduced the asking price on their Boston-area home from $39.5 million to $35.9 million. Their seven-bedroom, 12,000-square-foot home is on 5.24 acres on the 9th hole of The Country Club. “Labor Costs Blamed for Higher Home Prices” According to a...

Real Estate News

“WARM HEARTS WARMING HOMES” – Tudi Mechanical Systems Now Accepting Nominations for the 21st Annual Heat For The Needy Charity Program

PITTSBURGH (STL.News) - TUDI Mechanical Systems, in partnership with Dollar Bank, will provide and install free furnaces to local area families in January 2020 as part of the annual Heat For The Needy program. Each winter, there are families across the Pittsburgh region that have no heat or are living in unsafe conditions due to failed or outdated heating systems. The Heat For The Needy program, described as a “One Day Miracle,” combines the time and talents of employees and their families as they deliver and install new furnaces in the homes of those needy families, all in a single day, and at no cost to the recipients. Over the past 20 years, the Heat For The Needy program has provided and installed over 235 new heating systems to families throughout the region. The program is made pos...

Real Estate News

Sellers Shield Provides Disclosure and Lawsuit Prevention Tools for Nevada

AUSTIN, Texas (STL.News) - Sellers Shield, the leader in risk-management and software solutions for the real estate industry, provides Nevada brokers, agents, and sellers with tools for online disclosure and lawsuit prevention. Sellers Shield's Smart Seller Tools™ give home sellers an easy-to-use, interactive, and digital way to complete Nevada Seller's Real Property Disclosure Form. The interactive process walks home sellers through the disclosure forms, preventing critical mistakes, and ensuring the forms are filled out completely and accurately. Nevada agents can provide their listing clients with access to the tools at no cost. Disclosure issues are the most common cause of home sale lawsuits, and if the seller gets sued, most often the listing agent and their brokerage get pulled in...

Real Estate News

Local Business Owner Brings TruBlue Total House Care to Alexandria

ALEXANDRIA, VA. (STL.News) - Local business owner Edward Charity, Jr. is pleased to announce the launch of his new home improvement and maintenance company – TruBlue of Alexandria. TruBlue is a full-service company that provides handyman, house cleaning, emergency repairs, yard/lawn care and seasonal services that are perfect for busy families, seniors and anyone who want the comforts of their own home without worrying about critical property maintenance. TruBlue of Alexandria serves all of the city of Alexandria and portions of Arlington County. By the spring of 2020, TruBlue of Alexandria will be serving all of Arlington County. “Everyone wants to love their home, but not everyone wants to deal with the maintenance that comes with it. Many people either don’t know how to, don’t have th...

Real Estate News

Boak & Sons, Inc. Shares Effect of Commercial Insulation on Heating Costs

YOUNGSTOWN, OHIO (STL.News) - Boak & Sons, Inc. is a roofing, siding, gutter and insulation contractor located in Youngstown, Ohio. As a leading contractor in the Northeast Ohio and Western Pennsylvania region, the company puts emphasis on helping their clients understand the benefits of their services. As the cold weather approaches, Boak & Sons is focusing their efforts on how commercial insulation can help commercial property owners save immensely on heating costs. Old, rotted, or improperly installed insulation could be costing your business a fortune. The purpose of insulation is to control the temperature of your building by keeping excess moisture and fluctuating temperatures out of the internal structure. Without it, or if there are weak spots and leaks in the insulation, ...

Real Estate News

Boston-Based Firm Kicks Off Palm Beach Portfolio With Northrop Grumman Office Building

PALM BEACH GARDENS, FLA. (STL.News) - A Massachusetts based value-add buyer has acquired Village Square Crossing in Palm Beach Gardens, Florida, with plans to upgrade and hold the building as a long term asset accumulation strategy. The multi-story building at 300 Village Square Crossing in prestigious Eastern Palm Beach Gardens was 100 percent occupied by Northrop Grumman Corporation at the time of the sale to Skin Workin LLC. "The building offers an excellent opportunity to add value through repositioning rents to align with the tremendous upward pressure in upscale Palm Beach Gardens office and professional retail space," according to Brad Kuskin, founding principal at Compass Commercial Group. "Village Square provides a significant opportunity with an S&P Triple B credit rated c...