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These techies just invested $15 million in a Seattle pizza chain

These techies just invested $15 million in a Seattle pizza chain | Real Estate Plus+ Daily News | Scoop.it

According to Nation’s Restaurant News, Zillow CEO Spencer Rascoff; T-Mobile COO Jim Alling and Madrona Venture Group’s Matt McIlwain and Paul Goodrich participated in the round. Other investors include Duncan Brands Group CEO Nigel Travis and Schwartz Brothers Restaurants Chairman Bill Schwartz.

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Real Estate Related News Plus Miscellaneous Tech Stories and News of Interest
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Credit Score Hurdle Harder To Clear For Apartment Renters

Credit Score Hurdle Harder To Clear For Apartment Renters | Real Estate Plus+ Daily News | Scoop.it
Though millennials are flocking to the city to be closer to work, research shows the more competitive the market, the better the credit score that is needed to secure an apartment.
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Infographic: Homeowners Say Changing Homeownership's Tax Incentives Restricts Mobility, Causes Financial Strain

Infographic: Homeowners Say Changing Homeownership's Tax Incentives Restricts Mobility, Causes Financial Strain | Real Estate Plus+ Daily News | Scoop.it
"Homeownership is an aspirational goal for millions of Americans, but getting there isn't always easy. Middle-class families count on tax incentives like the mortgage interest deduction and the state and local tax deduction to make homeownership a more affordable prospect,"
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Tax Reform With $750k Cap on Mortgage Interest Deduction Would Leave 1 in 8 U.S. Homes Eligible

Tax Reform With $750k Cap on Mortgage Interest Deduction Would Leave 1 in 8 U.S. Homes Eligible | Real Estate Plus+ Daily News | Scoop.it
Under current law, roughly 44 percent of U.S. homes are worth enough for it to make sense for a homeowner to itemize their deductions and take advantage of the mortgage interest deduction. Under a reconciled House and Senate tax reform plan (as reported) that proportion of homes drops to 12.5 percent.
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Fed raises rates with expectation economy will improve next year

Fed raises rates with expectation economy will improve next year | Real Estate Plus+ Daily News | Scoop.it
The Fed raised rates by 25 basis points, moving the target range for the federal funds rate to 1.25% to 1.5%.

The FOMC announced it's overall outlook on the economy is positive, saying it will continue to gradually increase the federal funds rate. 
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The First Bugatti Type 55 Roadster Will Cross the Block in Scottsdale

The First Bugatti Type 55 Roadster Will Cross the Block in Scottsdale | Real Estate Plus+ Daily News | Scoop.it
While cutting-edge cars like the Veyron and Chiron amaze the masses today, Bugatti has been mastering the automotive marriage of elegance and exquisite engineering since the turn of the last century, creating brilliant four-wheel expressions that captured the industry’s collective imagination throughout subsequent decades.
Russ Bergeron's insight:
Get your checkbooks out!
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Fannie, Freddie to hold off on evictions during the holidays

Fannie, Freddie to hold off on evictions during the holidays | Real Estate Plus+ Daily News | Scoop.it
"We're taking steps to support families and to extend the timeline of help for struggling borrowers during the holidays," said Jacob Williamson, vice president of single-family distressed assets at Fannie Mae. "We also encourage homeowners who may be struggling with their mortgage to reach out to Fannie Mae or their servicer to get help.
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Economists Expect Strong Year For Orange County

Economists Expect Strong Year For Orange County | Real Estate Plus+ Daily News | Scoop.it

Single-family home prices will continue their upward trajectory. Though more construction is on the horizon and mortgage rates are on the rise, housing affordability is forecast to continue its downward slide, the Chapman study said.


Housing appreciation in Orange County rose year-over-year from 4.3% in 2016 to 6.4% in 2017. Economists forecast 5.2% appreciation for 2018.

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European Unibail To Buy Westfield for $16B And Create World’s Largest Mall Owner

European Unibail To Buy Westfield for $16B And Create World’s Largest Mall Owner | Real Estate Plus+ Daily News | Scoop.it
The combined company will have a portfolio of 104 shopping centers in Europe and the U.S., including some of the most well-known in the world such as Westfield World Trade Center in New York, Westfield London and Les Quatre Temps in Paris.
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2017 National Geographic Nature Photographer of the Year 

2017 National Geographic Nature Photographer of the Year  | Real Estate Plus+ Daily News | Scoop.it
See the winning photos from the 2017 National Geographic Nature Photographer of the Year. Face to face in a river in Borneo. View Winners galleries.
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Outlook for Real Estate Rises Despite Supply Constraints

Outlook for Real Estate Rises Despite Supply Constraints | Real Estate Plus+ Daily News | Scoop.it
“The increase in optimism was primarily driven by the rise in expectations among survey respondents for refinance volume growth, possibly indicating confidence that low rates will continue to benefit the real estate market.”
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The Winners of the 2017 Residential Architect Design Awards

The Winners of the 2017 Residential Architect Design Awards | Real Estate Plus+ Daily News | Scoop.it
This year’s jury—San Francisco–based David Baker, FAIA, New York–based Katherine Chia, AIA, and Chicago-based R. Michael Graham—selected 18 winners across every possible residential typology.
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Best Cities to Maximize Borrowing Power for First-Time Home Buyers

Best Cities to Maximize Borrowing Power for First-Time Home Buyers | Real Estate Plus+ Daily News | Scoop.it
“It is easy to overlook, but the reality is renters have greater borrowing power today than in most of the last 40 years and that won’t change, even as mortgage rates rise in 2018.” 
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Check out the future when you check in to Hilton’s high-tech connected rooms

Check out the future when you check in to Hilton’s high-tech connected rooms | Real Estate Plus+ Daily News | Scoop.it
Hilton has suddenly realized that the key to the hotel room of the future is already in your back pocket. The company’s new connected hotel room lets guests manage every aspect of their hotel stay from their very own smartphone.
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44% of Retirees Still Have a Mortgage

44% of Retirees Still Have a Mortgage | Real Estate Plus+ Daily News | Scoop.it
Many retirees are worried if they’ll ever be able to pay off their mortgage. Forty-four percent of 60- to 70-year-old retirees have a mortgage in retirement, according to American Financing’s 2017 Retirement and Mortgages Survey. Thirty-two percent predict it will take still take them more than eight years to pay off their mortgage.
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Single-Family Rental Boom Lowered Annual Home Sales by 270,000 Homes

Single-Family Rental Boom Lowered Annual Home Sales by 270,000 Homes | Real Estate Plus+ Daily News | Scoop.it
In total, about 270,000 fewer homes are sold each year compared to 2006, or about 5 percent of the homes that would sell in a typical year, according to a new Zillow® analysis. About 120,000 of these lost sales were among the most affordable homes that are often sought by first-time buyers.
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Stunning Mural Covers Four Story Building in Greenpoint, Brooklyn

Stunning Mural Covers Four Story Building in Greenpoint, Brooklyn | Real Estate Plus+ Daily News | Scoop.it
A new mural has sprouted up in Greenpoint, adding a dash of color to an otherwise run-of-the-mill street corner in Brooklyn. The piece is the brainchild of Malmö-based street artist, Ola Kalnins, who was commissioned for the project as part of the programming for Swedish Design Moves New York and Archtober. 
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See Photos of Live Ice Carving of Sea Creatures

See Photos of Live Ice Carving of Sea Creatures | Real Estate Plus+ Daily News | Scoop.it
In spite of the chilly weather, New Yorkers were recently given a reason to step outside: Presented by Arts Brookfield, New York City based Okamoto Studio returned for a seventh year for a spectacular ice carving show, where artists transformed blocks of ice into sea life.
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Amazon's new headquarters promises 50,000 jobs — but they may not last forever

Amazon's new headquarters promises 50,000 jobs — but they may not last forever | Real Estate Plus+ Daily News | Scoop.it
Amazon has received 238 bids from North American cities, states, and regions that want to become the home of its second headquarters, dubbed HQ2. In 2018, Amazon will pick a location, where it will invest $5 billion in construction and bring up to 50,000 jobs over the next two decades.
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5 mobile security threats you should take seriously in 2018

5 mobile security threats you should take seriously in 2018 | Real Estate Plus+ Daily News | Scoop.it
While it's easy to focus on the sensational subject of malware, the truth is that mobile malware infections are incredibly uncommon in the real world — with your odds of being infected significantly less than your odds of being struck by lightning, according to one estimate.
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Many CRE Execs Are Not Ready For Disruptive Technology

Many CRE Execs Are Not Ready For Disruptive Technology | Real Estate Plus+ Daily News | Scoop.it
“There’s definitely a little bit of disconnectivity in the industry,” Altus Group Global Marketing and Communications Vice President Jeff Hayward said. “But this has always been an industry playing a bit of catch-up. Overall, the industry has done a really good job over the last three to four years in catching up.”
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Google’s massive housing and office plan poised for approval

Google’s massive housing and office plan poised for approval | Real Estate Plus+ Daily News | Scoop.it
MOUNTAIN VIEW — A Google-backed plan for a massive redevelopment in Mountain View for nearly 10,000 new homes and a dense, urban-like collection of offices and retail space is poised for approval by city leaders.
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Pepsi just placed an order for 100 Tesla Semis — here are all the companies buying the electric truck

Pepsi just placed an order for 100 Tesla Semis — here are all the companies buying the electric truck | Real Estate Plus+ Daily News | Scoop.it
Tesla just added another major client to its Semi pre-order list, as Pepsi has reserved 100 of Tesla's electric trucks, according to Reuters. Pepsi's order is the largest known order yet, as it represents over one-third of an estimated 267 reserved trucks so far.
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From dancing skyscrapers to huge Lego blocks: The best buildings of 2017

From dancing skyscrapers to huge Lego blocks: The best buildings of 2017 | Real Estate Plus+ Daily News | Scoop.it
Whether a Lego-shaped visitor's center, a beautiful bamboo sports hall, or a pair of "dancing" skyscrapers that can withstand extreme weather, each one represents architectural excellence. Read on for our selection of the best buildings of 2017.
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4 Markets British Investors Are Targeting

4 Markets British Investors Are Targeting | Real Estate Plus+ Daily News | Scoop.it
Home buyers from Great Britain have been focusing on purchasing single-family homes in the U.S., according to the U.S. Census Bureau’s Survey of Construction.
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Google’s Artificial Intelligence Built An AI That Outperforms Any Made By Humans

Google’s Artificial Intelligence Built An AI That Outperforms Any Made By Humans | Real Estate Plus+ Daily News | Scoop.it
Researchers at Google Brain have just announced the creation of AutoML — an artificial intelligence that can actually generate its own AIs. Even more impressive, researchers have already presented AutoML with a difficult challenge: to build another AI that could then create a ‘child’ able to outperform all of its human-made counterparts.
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