California’s Low Listing Inventory Becomes an Issue as Home Sales Rise to Highest Levels in Three Years

Los Angeles, CA (Los Angeles, CA) — The California Association of Realtors (C.A.R.) reported today that California’s housing market continued to improve in May, with home prices posting solid gains for the third straight month and home sales well above last year’s pa
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Industry Vet Joins NGKF’s Appraisal Division

Newmark Grubb Knight Frank’s appointment of Robert Van Ancken to chair its Landauer Appraisal Services division leads the week’s roundup of names in the news. National Real Estate Investor
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CoStar’s People of Note (June 10-16)

This week’s People of Note includes the following markets: Atlanta, Chicago, New York City and Philadelphia. NEW YORK CITY Von Ancken Named Chairman of NGKF Appraisal Division By Lauren Hale Newmark Grubb Knight Frank named Robert Von Ancken as chairman of its Landauer Appraisal
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How to Be a Great Property Manager

When your potential customers make the decision to employ a property manager in maintaining their property, it is only the first step, but the whole process can be intimidating to old and first time owners alike. It is important to them to ensure that they employ a person that they ca
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Asian shares slip on weak U.S. data, Italy debt sale eyed

TOKYO (Reuters) – Asian shares slipped on Thursday as weak U.S. retail sales data raised fresh concerns about sluggish economic growth, while an Italian debt auction later in the day will test market confidence in whether Rome can avoid becoming the next victim of the euro zone
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Pace of Recovery Accelerates For Lower-End CRE Properties

CRE investors are stepping up their efforts to find value outside the best buildings in the top U.S. metros, casting their nets in a growing number of secondary markets and asset types as price growth slows for the highest-end properties, according to this month’s CoStar Commerc
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Wall Street ends down amid Greek vote fears

NEW YORK (Reuters) – Wall Street ended lower on Wednesday as fears ahead of the Greek elections over the weekend drove down a market that had been treading water through most of the day. Based on the latest available data, the Dow Jones industrial average was down 78.63 points,
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