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Bluestone & Hockley Expands in Portland
Bluestone & Hockley signed a five-year deal for 14,704 square feet office space at 9320 S.W. Barbur Blvd. in Portland. The real estate firm plans to open its new location on January 18th. Founded in 1972, Bluestone & Hockley has been rapidly growing…

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In the year 2006, the Lord came unto Noah, who was now living in the United States, and said, “Once again, the earth has become wicked and over-populated, and I see the end of all flesh before me. Build another Ark and save 2 of every living thing along with a Few good humans.” He gave Noah the blueprints, saying, “You have 6 months to build the Ark before I will start the unending rain for 40 days and 40 nights.” Six months later, the Lord looked down and…

Expected Report of Year Over Year 2nd Qtr Condo Price Declines
Today’s NY Sun reports that an expected industry report on condo prices will show softening on a year over year basis for the second quarter. As the article recites, industry analysts opine on whether they foresee a repeat of the coop collapse of the late 1980′s when oversupply combined with softening demand and tax reform to cause a sharp drop in prices. Some, according to the article, feel the City’s overall healthy economy will prevent this recurrence in the case of…

Everybody into the Pool!
When it comes to Terrorism Insurance, the government’s days as a reinsurer of last resort are numbered, ending in 2007 following one extension of a temporary act intended to restore confidence among the Nation’s insurers and reinsurers following the huge losses suffered as a result of the 9/11 attacks. A lobbying group called the Real Estate Roundtable, http://www.rer.org/, recently proposed modeling a future system after that…

NYC Coop Sales Price Now Public Information
It’s an old axiom that, despite increasing numbers of condos, coops still account for around 80% of NYC’s apartment inventory. Yet, until recently, the sales figures were shrowded in mystery. No more. A recently passed law allows access to these figures through use of the City’s ACRIS system. While the link may not be up for long, you can find a pdf guide to how the system works at NYC.gov/html/dof/html/jump/acris.shtm.

Bubble Metrics
I came across a very interesting website, that of the Center for Economic Policy Research, an organization that’s done alot of looking into the housing bubble issue and that has alot of articles that you’ll find interesting and informative. What’s really noteworthy, though, is a unique bubble calculator that seeks to measure whether you’d be better off renting or buying by plugging in the price, mortgage terms, location and projected hold time into the fields, which then takes into…

Problems When the 1031 Tail Wags the Dog
Here’s an interesting article about what happens when investors, in their zeal to meet the stringent time requirements of a 1031 exchange, invest in properties in areas they’re unfamiliar with and do so without their usual degree of due diligence. http://www.realestatejournal.com/buysell/markettrends/20060615-hagerty.html?refresh=on

Taxes and Commercial Real Estate Activity in NY
Today’s NY Sun has an interesting article sure to reinvigorate the timeless intellectual arm wrestling about whether booms and busts in real estate are primarily driven by tax policy or the business cycle. This article focuses on the infamous “Cuomo Tax”, formally known as the Real Property Gains Tax, enacted in the ’80′s by then Governor Mario Cuomo. In short, the tax that excluded townhouses and one and two family houses, surcharged capital gains on most other…

Worried about Interest Rates? Tell that to the Rent Guidelines Board
In an unusually raucus session of the Rent Guidelines Board’s annual spectacle on guidlines increases for rent stabilized apartments in NYC, the Board members could hardly hear themselves over incessant drum beats from Tenant activists, yet still managed to outrage them, while disappointing landlords in the process. Read about the meeting and the increases at

Commercial Rent Prices Up – Square Footage Down?
A recent article in Business Week suggests that the open space model of the dot com era may, actually be a paradigm to enable businesses to reduce one of their largest expenses, namely, commercial office rent. Yet, the position of the author is hardly universally shared, eliciting a number of rejections and criticisms in the posted comments following the article. From my own experience, there is no doubt that, technologically, more and more things can be done in more and more places….

Another View on the Bubble-No Bubble Coin Toss
Glenn Roberts, Jr. of Inman News today quotes from findings of the Anderson Forecast, an economic report out of UCLA. According to the report, housing is more likely to head for a crash rather than the gradually deflating balloon we’ve all be hearing about lately. For more, check out the article ( subscription required) at http://www.inman.com/hstory.aspx?ID=53488

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Lease Up/Lease Down (Dec. 13-19): More Consolidations as the Year Winds Down
News of corporate expansions, relocations, extensions, closures, layoffs, lease cancellations and mergers has been consolidated into Lease Up/Lease Down. Look to Lease Up/Lease Down every week for valuable information that can be used as a source…

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Longview Industrial Sells for $1.5M
J.M. Huber Corp. Chemical Division sold the facility at 3400 Industrial Way in Longview, WA, to Hasa Inc. for $1.5 million, or $207 psf. The 7,238-square-foot manufacturing building was completed in 1994 on an 8.4-acre lot. The buyer plans to use the…

CoStar’s Retail News Roundup: December 2009
This week in the Retail Roundup, CoStar reports on expansions or new concepts at electronics chains and Dollar General; closings, cutbacks, defaults, or bankruptcy news at General Growth, The Walking Company, USPS, Joffco Square, auto dealerships, and…

DWA Trade Show & Exposition Inks Deal for 40,250 SF
DWA Trade Show & Exposition Services Inc. executed a five-year, 40,250-square-foot lease at 3721 N.W. Front Ave in Portland, OR. DWA has already occupied the space. The 49,104-square-foot manufacturing facility was constructed in 1970. It has seven…

For Sale By Owner is an interesting concept and as a real estate agent, I have dealt with many home owners trying it. In their mind FSBO has the potential of getting them more money as they save the real estate commission.

What to Do When You Get an Offer on Your FSBO
Once you’ve done all your homework and set the correct asking price, had a few open houses and advertised in all the right places you are now ready to receive your first offer on your for sale by owner property. Someone has looked at the house, decided that they want to buy it and have made you an offer. Now what?

Selling Your Home Yourself – The 2 Most Vital Rooms in Your House That Can Win Or Lose a Sale!
So you want to sell your home yourself. So, I guess you are already aware that you are in for a lot of hard work. Trying to sell your home yourself requires a lot of patience, plenty of determination and the right mindset. However, being the best salesperson in the world will mean nothing if your house isn’t up to scratch!

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A guide to selling property privately in Spain. Details on how best to go about selling your property privately. Save thousands in commission!

First Impressions Count When Selling Your Home Privately
Selling your house privately is a big commitment to make and will require the investment of a lot of time and effort if you are to be successful. If you forgo the services of an estate agent and decide sell your house by yourself then you must be aware that you will have sole responsibility for convincing potential buyers to purchase your home instead of the competing properties on the market.

Referring to the research conducted by Maria Shriver for “A Woman’s Nation,” David Gregory asks, “When will poltics reflect the change that we’re seeing in this report?” Visit msnbc.com for Breaking News, World News, and News about the Economy…

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Because of tighter mortgage requirements, slower appraisals, cold weather and the holiday’s home sales for December could be worse than expected. Many of the closings that have occurred so far this month are carry over’s from November.

Sell Your Home in 3 Hours – While You Party!
You can have some fun and sell your house. You can save yourself thousands, and this can work in the worst markets.

8 Questions Every Buyer Asks
Selling your home can be stressful. Will the sale price be what you need? Will you still have enough money for your down payment on your new home? Will I even qualify for a new mortgage? Two years ago real estate was easy.

You Have Decided You Will Sell Your House by Going at it Alone!
What are you going to do? You plan to Sell your house on your own. You need to make sure you have good curb appeal(make it look good from the street)It is time to get all your ducks lined up in the same row.

About Us: People in Real Estateread more

House OKs financial regulatory facelift
Consumer protection agency would draft new appraisal rulesread more

Oasis RV Park, Las Vegas Is Now Only a Three Star Rating, and Dropping Fast
I find it amazing to see such a great place start going down hill. I have been going to the Oasis RV Park in Las Vegas for years. Today they announced they are raising the monthly rents, yet reducing their services. Your value for the dollar is dropping here. I understand that some businesses need to keep up [...]

NAR funds 13 ‘Game Changer’ proposals
Group to give up to $2M to state, local Realtor organizationsread more

Mortgage rates bounce off record lows
Upbeat unemployment report sends most rates upread more

Dermatology & Allergy Specialists of Olympia acquired a 3,756-square-foot medical office condo at 703 Lilly Road N.E. in Olympia, WA, from a private medical practice for $1.1 million, or about $292 per square foot. The two-story, 12,894-square-foot…