REALPAC CEO Reflects on 25 Years of Listed Canadian REITs

Michael Brooks, CEO of REALPAC, participated in a video interview at Nareit’s REITworld: 2018 Annual Conference in San Francisco.

This year marks the 25th anniversary of the listing of the first REIT on the Toronto Stock Exchange. Brooks reflected on the milestone and pointed out that Canadian REITs have had a cumulative average growth rate of more than 10 percent in the last 25 years. During that time there have been “zero crash and burns” he added.

Looking ahead, the challenge is to maintain growth in a rising rate environment, he said.

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Piedmont Office Says Improved Economic Environment Fueling Tenant Base Growth

Don Miller, president and CEO of Piedmont Office Realty Trust (NYSE: PDM), participated in a video interview at Nareit’s REITworld: 2018 Annual Conference in San Francisco.

The third quarter was an active period for Piedmont on the leasing front. Miller noted that the REIT saw a tailwind from tax legislation and an improved economic environment that’s driving growth in the tenant base and spurring new activity in technology and co-working activity.

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Mortgage Rate Reported at 3 Month Low

Mortgage Rate Reported at 3 Month Low

This article appeared first at USREALTY.NEWS

In light of decreasing interest rates, geopolitical concerns, and even the anticipation of the Federal Reserve on the Federal Funds Rate, Freddie Mac has reported another weekly decline in 30 year mortgage rates to 4.63 percent.

Visit USREALTY.NEWS for an interactive rate chart

If this trend continues, 30 year mortgage rates will not likely have risen the full percentage point as projected from the start of the year to the end of 2018.

Continue reading Mortgage Rate Reported at 3 Month Low at STL.News.

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Mortgage Rate Reported at 3 Month Low

In light of decreasing interest rates, geopolitical concerns, and even the anticipation of the Federal Reserve on the Federal Funds Rate, Freddie Mac has reported another weekly decline in 30 year mortgage rates to 4.63 percent.

If this trend continues, 30 year mortgage rates will not likely have risen the full percentage point as projected from the start of the year to the end of 2018.

This short term reduction, alongside a typical seasonal slowdown in housing sales might just stimulate some buying activity, “if” buyers are paying attention and “also if” they are able to find a desirable home.  The ladder of these issues might be the hardest part.  Though active listings have been trending up in most metropolitan areas they still, for the most part, are well under levels that qualify as a buyers market with multiple properties available and long days on market trends.

As it should be noted, since last week the ten year treasury yield has risen from around 2.83% this time last week to 2.90% as of the time of writing.  This uptick may show a slight  increase in 30 year mortgage rates for next week.

Coldwell Banker Home Town Realty Brings Adwerx Enterprise Automated Listing Advertising Program To West Virginia and Western Maryland

Coldwell Banker Home Town Realty Brings Adwerx Enterprise Automated Listing Advertising Program To West Virginia and Western Maryland

 

DURHAM, N.C./ Dec. 13, 2018 (STL.News)

Coldwell Banker Home Town Realty has adopted the Adwerx Enterprise Automated Listing Advertising Program to create online advertisements for new-to-market properties. Adwerx is the leader in automated digital advertising, delivering 16.3 billion ad impressions for clients around the U.S. and Canada in real estate, mortgage, insurance, and other industries.

In order to capitalize on the important first week of a new listing, Adwerx Enterprise works with Coldwell Banker Home Town Realty’s live listing feed to instantly create attractive ads that launch as soon as a property is publicly listed for sale.

Continue reading Coldwell Banker Home Town Realty Brings Adwerx Enterprise Automated Listing Advertising Program To West Virginia and Western Maryland at STL.News.

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Western Home Journal Calls Sanctuary Utah Luxury Real Estate “Built for Like-Minded Seekers of the Exceptional”

Western Home Journal Calls Sanctuary Utah Luxury Real Estate “Built for Like-Minded Seekers of the Exceptional”

 

HUNTSVILLE, Utah/ Dec. 13, 2018 (STL.News)

Sanctuary Utah’s luxury real estate and stunning ski in, ski out properties score high marks from Western Home Journal, with the 10-year-old magazine ultimately calling the community “built for like-minded seekers of the exceptional.”

Located in Huntsville, Utah, Sanctuary comprises 527 acres of preserved wildlife habitat, set within 10,000 acres of pristine wilderness. The community features 13 exceptional homes built to minimize environmental impact, while allowing discerning owners a unique opportunity.

Continue reading Western Home Journal Calls Sanctuary Utah Luxury Real Estate “Built for Like-Minded Seekers of the Exceptional” at STL.News.

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