Top 9 Foreign Investors of CRE in the U.S.

By: | Auction Insider | November 26, 2013 | 0 responses

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Contrary to popular belief, China is not the largest investor of U.S. commercial real estate. According to Real Capital Analytics, China ranked #8, just above Norway. Surprisingly, Canada was #1 with 273 properties, more than the next eight countries combined.


Regarding U.S. cities where these properties were purchased, Manhattan, Los Angeles, Chicago, Dallas and Houston, led the pack.

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Enhanced How-To Guides Help Inform and Educate

By: | Auction Insider | November 15, 2013 | 0 responses

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Auction.com recently overhauled its How-To Guides section with a new look and feel, adding features and step-by-step instructions to help inform and educate buyers, sellers, brokers and agents.



Some of the new features include:


Tips for Auction Success – for an easier navigation through the auction process


What You Should Know – essential tips and information for each property type


Frequently Used Terms – real estate terminology and acronyms specific to Auction.com

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Housing News: The Sky Isn’t Falling

By: | Auction Insider | November 8, 2013 | 0 responses

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Some real estate journalists want us to believe the housing market is in disarray. But is it? Here are some recent headlines, followed by underlying facts that paint a different picture.


“California Home Sales Fall To 1988 Levels”

True, but home prices in California increased 23.7% from just a year ago.


“Existing Home Sales Down 1.9% In September”

Yes, but over 5.3 million homes were sold in the U.S. in September.


“Mortgage Interest Rates On The Rise”

Sure, 30-year rates went from 4.46% to 4.49%. But that’s less than $4 a month on a $200,000 loan.


Be wary of too much media-hype. The economy is growing steadily, the stock market is rebounding nicely and owning a home is still a sound investment.

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My Dashboard Saves You Time

By: | Auction Insider | November 5, 2013 | 0 responses

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My Dashboard is a helpful tool on Auction.com that makes it easy to manage your property search. Here are just a few features:


Messages

Manage important emails from Auction.com, including bid registration and confirmation, agent contact requests and more.


Saved Assets

Save your favorite properties, track auction activity, create custom digital brochures and download Excel spreadsheets of your favorite properties.


My Alerts

Receive customized property alerts for property types and locations that interest you. Once you set your own property parameters, you will be notified when properties meeting these criteria are added to Auction.com.


Bidding

When you register and then save a property to My Dashboard, you can then track and place bids on this and any other property you are approved to bid on, right from My Dashboard. No need to jump from one property details page to another in order to place your bids.

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Young Renters Want to Buy

By: | Auction Insider | November 1, 2013 | 0 responses

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For years, we’ve heard why young adults aren’t buying homes. It’s because they are too cool to own a home. It’s the economy. It’s because of too much student loan debt.

A new Wall Street Journal report from two Goldman Sachs economists disagrees.

Hui Shan and Eli Hackel studied homeownership rates among those between the ages of 25-44, the largest sample of first-time and move-up buyers. Their study revealed:

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