Real Estate Plus+ Daily News
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Real Estate Plus+ Daily News
Real Estate Related News Plus Miscellaneous Tech Stories and News of Interest
Curated by Russ Bergeron
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The California Dream is tough to afford if you’re under 40 –

The California Dream is tough to afford if you’re under 40 – | Real Estate Plus+ Daily News | Scoop.it
A five-county poll conducted for the Silicon Valley Leadership Group and this news organization also found that more than one-third of Bay Area apartment renters and one-quarter of residents in their 20s and 30s say they are struggling to afford their housing.
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The New Technology That Transfers Data 1,000 Times Faster Than WiFi Is Coming To Offices

The New Technology That Transfers Data 1,000 Times Faster Than WiFi Is Coming To Offices | Real Estate Plus+ Daily News | Scoop.it
LiFi uses LED lightbulbs to transfer data, in much the same way as a WiFi router but much, much quicker and more efficiently. Speeds can be around 1,000 times faster than WiFi.
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Home Sales Velocity in January Felt More Like Spring

Home Sales Velocity in January Felt More Like Spring | Real Estate Plus+ Daily News | Scoop.it
The Median Sales Price of $224,000 also set a January record — up 6.7% year-over-year. Out of 53 markets, 51 posted gains, marking January as the 22nd consecutive month of year-over-year price increases dating back to April 2016.
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The 2018 World's Most Innovative Companies

The 2018 World's Most Innovative Companies | Real Estate Plus+ Daily News | Scoop.it
The 2018 edition of the World's Most Innovative Companies spans more than 350 enterprises across 36 categories, from the world's most valuable firm and its continuing transformation of consumer electronics to a small outfit selling natural gum to preserve rainforests.
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Small business confidence hits record in 2018 

Small business confidence hits record in 2018  | Real Estate Plus+ Daily News | Scoop.it
The CNBC/SurveyMonkey Q1 Small Business Confidence Index saw an increase of five points, from 57 to 62, a record high and the largest quarter-to-quarter move the index has seen since CNBC and SurveyMonkey began measuring last year.
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Home starts up almost 10% on multifamily surge

Home starts up almost 10% on multifamily surge | Real Estate Plus+ Daily News | Scoop.it
Figures from the HUD and the Commerce Department reveal that there was a 9.7% rise in January to a seasonally-adjusted annual rate of 1.33 million units, from an upwardly revised December reading.

Multifamily sector starts soared 23.7% to a SAAR of 449,000 units; single-family homes gained 3.7% to 877,000.
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The Future Of Real Estate Tech: How We Got Here And What's Next In An Exploding New Ecosystem

The Future Of Real Estate Tech: How We Got Here And What's Next In An Exploding New Ecosystem | Real Estate Plus+ Daily News | Scoop.it
In 2017, venture investors deployed over $5 billion in real estate technology, more than 150 times the $33 million invested in 2010. Once a sector seemingly ignored by the venture industry, real estate tech has come front and center, notably producing two of the three most valuable startups in the United States, WeWork and Airbnb.
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Nendo’s Roof Collection for Cappellini Brings the Quirk –

Nendo’s Roof Collection for Cappellini Brings the Quirk – | Real Estate Plus+ Daily News | Scoop.it
Some design studios are so prolific that they can make cult products out of esoteric ideas. The Japanese studio nendo holds that distinction. Founder Oki Sato founded his practice in 2002, and since then, he has been conjuring up award-winning designs, architectural projects, and limited editions from the outer limits.
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12 People You May Not Have Known Were Olympians 

12 People You May Not Have Known Were Olympians  | Real Estate Plus+ Daily News | Scoop.it
For many, competing at the Olympics is the dream of a lifetime. But these accomplished athletes found success both inside and far beyond the Olympic stadium, as movie stars, politicians, famed generals, and Darth Vader's stunt double.
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Fannie and Freddie Seek Cash Infusions, Elevating Reform Agenda and Its Affordable Housing Hang-Up

Fannie and Freddie Seek Cash Infusions, Elevating Reform Agenda and Its Affordable Housing Hang-Up | Real Estate Plus+ Daily News | Scoop.it
The GSEs’ large footprint in buying mortgages, bundling them, and guaranteeing the resulting mortgage-backed securities raises concerns about the amount of risk for which taxpayers are on the hook when the market experiences leaner times.
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Foreign Investment into U.S. Residential Property Hits New High, As Do Prices 

Foreign Investment into U.S. Residential Property Hits New High, As Do Prices  | Real Estate Plus+ Daily News | Scoop.it
A report from Beauchamp Associates and Leslie J. Garfield & Co., U.S. Ultra Prime Real Estate, said in the past 12 months, foreign investment in U.S. properties jumped by 72 percent. Of these transactions, 44 percent were all-cash purchases, with nearly 40 percent of these transactions in Miami, New York and Los Angeles.
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California housing affordability edges up, C.A.R. reports

California housing affordability edges up, C.A.R. reports | Real Estate Plus+ Daily News | Scoop.it
The percentage of home buyers who could afford to purchase a median-priced, existing single-family home in California in fourth-quarter 2017 edged up to 29 percent from 28 percent in the third quarter of 2017 but was down from 31 percent in the fourth quarter a year ago, according to C.A.R.’s Traditional Housing Affordability Index (HAI)
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In snowstorm, volunteers helped elderly Chicago neighbors 

In snowstorm, volunteers helped elderly Chicago neighbors  | Real Estate Plus+ Daily News | Scoop.it
When he went to the train station Saturday morning to see whether anyone had showed up to help, he couldn’t believe what he saw. About 120 people stood on the platform, many with shovels, ready to work.
Russ Bergeron's insight:
Feel good story of the day.
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Sustainability Isn't Just About Constructing Better Buildings

Sustainability Isn't Just About Constructing Better Buildings | Real Estate Plus+ Daily News | Scoop.it
As sustainability advances, so too does the push to creating healthier interior environments for tenants’ workers, but many challenges exist on defining what this actually means and how best to measure it to create value.
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California Broker-Owned Escrows Need To Submit Activity Reports

California Broker-Owned Escrows Need To Submit Activity Reports | Real Estate Plus+ Daily News | Scoop.it
This applies to firms that operate a "broker-controlled escrow" that engaged in five or more transactions or whose escrow activities exceeded $1 million in the past calendar year.
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Forecasts Suggest Homebuyers’ “Typical Mortgage Payment” Could Rise Over 15 Percent This Year

Forecasts Suggest Homebuyers’ “Typical Mortgage Payment” Could Rise Over 15 Percent This Year | Real Estate Plus+ Daily News | Scoop.it
The CoreLogic Home Price Index Forecast suggests U.S. home prices will rise less than 5 percent this year, but if some 2018 mortgage rate forecasts pan out the mortgage payments homebuyers face could increase closer to 15 percent.
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Santa Maria experiencing a building boom

Santa Maria experiencing a building boom | Real Estate Plus+ Daily News | Scoop.it
Home building is back in Santa Maria. The west side of town is buzzing with construction, and new homes are not staying on the market long. While prices are climbing, they are still well below other Central Coast cities, making Santa Maria an increasingly popular place to call home.
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Renters become the majority in Anaheim, Santa Ana, San Bernardino –

Renters become the majority in Anaheim, Santa Ana, San Bernardino – | Real Estate Plus+ Daily News | Scoop.it
Attention landlords: Your ability to grow your businesses means that three more big Southern California cities — Anaheim, Santa Ana and San Bernardino — have more renters than homeowners.
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Is Relief for the Housing Supply Shortage on the Way?

Is Relief for the Housing Supply Shortage on the Way? | Real Estate Plus+ Daily News | Scoop.it
"The annual increase in housing permits, starts and completions, in conjunction with the rise in employment, signals an upward trajectory for housing starts in 2018."
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Calif - January home sales and price report

Calif - January home sales and price report | Real Estate Plus+ Daily News | Scoop.it
Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 388,800 units in January, according to information collected by C.A.R. from more than 90 local REALTOR® associations and MLSs statewide. It marked the first time since March 2016 that the statewide sales figure dropped below 400,000.
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Federal judge rules that embedded tweets can infringe on copyright

Federal judge rules that embedded tweets can infringe on copyright | Real Estate Plus+ Daily News | Scoop.it
his is an especially alarming decision, as it goes against over a decade of legal precedent that put the liability on the host of the content, not the person that links to it.
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Breaking Down the 2008 DOJ–NAR Settlement Agreement

Breaking Down the 2008 DOJ–NAR Settlement Agreement | Real Estate Plus+ Daily News | Scoop.it
The 2008 DOJ-NAR settlement agreement prohibits all REALTOR® associations and association-owned MLSs from impeding a broker's ability to operate a VOW.
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This new text bomb crashes most Mac and iOS apps with a single Unicode symbol

This new text bomb crashes most Mac and iOS apps with a single Unicode symbol | Real Estate Plus+ Daily News | Scoop.it
During their development work on an international news feed, software engineers at Aloha Browser discovered two Unicode symbols in a non-English language that can crash any Apple device that uses Apple’s default San Francisco font.
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'Plogging' is a Swedish fitness trend that combines running with picking up litter

'Plogging' is a Swedish fitness trend that combines running with picking up litter | Real Estate Plus+ Daily News | Scoop.it
This trend encourages people to pick up litter while out running. So, it's not just good for your health, it's also good for the environment. 

It's called 'plogging'—a portmanteau of jogging and the Swedish plocka upp, meaning 'pick up.' 
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Judge Rules that Developer Must Pay $6.7M to 5Pointz Graffiti Artists

Judge Rules that Developer Must Pay $6.7M to 5Pointz Graffiti Artists | Real Estate Plus+ Daily News | Scoop.it
It’s been five years, but the much contested whitewashing and demolition of Long Island City’s former graffiti mecca, 5Pointz, is far from forgotten. On Monday, a federal judge ruled that New York City real estate developer, Jerry Wolkoff, must pay $6.7 million in damages to the 21 artists whose work at the five-story warehouse site was painted over virtually overnight.
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