There are so many real estate articles out there — and so little time! For busy investors looking to take a quick reading break, look no further than our list of recommended reading for the week. From advice and investment tips to market reviews, we’re highlighting the stuff that’s really worth your time.
So sit back, and take a break. These were the 5 Must-Read Real Estate Articles of The Past Week:
A change is coming at the end of the month in the way stock indexes are classified. Real estate, now part of the broader financials category, will go out on its own. But before you yawn and say that the change seems akin to moving the deck chairs around on a ship, consider this: It could, analysts say, have a wide-ranging impact on what individual investors own in their portfolios. That’s because an increasing number of people are investing in index funds, and those funds track the various categories of investments.
Everyone loves to give millennials a hard time. They don’t like cars, they aren’t getting married, they aren’t “go-getters.” Even Martha Stewart recently took them to task in LLNYC last cover story. But love them or hate them, they aren’t buying homes. Nearly a third of millennials are living with their parents into adulthood. Now, a new study is helping us visualize where millennials are still staying at home – and where they are diving into the real estate market.
When real estate brokers and agents enter the profession, they likely don’t have visions of data entry and management tools dancing in their heads.
Yet they often still end up entering and re-entering listing data in various systems, including multiple MLSs, a broker’s back-end platform, in accounting software or elsewhere.
By Rew via Rew-online
Reed Midem, the global real estate conference organizer, has partnered with MetaProp NYC to produce the 2016 NYC Real Estate Tech Week’s flagship event, MIPIM PropTech Summit. The event — to be held on October 5 in Manhattan — will feature the first North America stop in a Global Startup Competition Series that will ultimately pit the best and brightest real estate technology minds against each other at an international final in Cannes, France. “Recognizing that real estate has reached the tipping point in the rapidly growing importance of PropTech, Reed Midem sees New York City as the epicenter of this movement and the clear choice to host our North America MIPIM PropTech Summit,” said Filippo Rean, head of the Real Estate Division for Reed Midem.
By via The New York Times
On the campaign trail, Donald J. Trump, the Republican presidential nominee, has sold himself as a businessman who has made billions of dollars and is beholden to no one. But an investigation by The New York Times into the financial maze of Mr. Trump’s real estate holdings in the United States reveals that companies he owns have at least $650 million in debt — twice the amount than can be gleaned from public filings he has made as part of his bid for the White House. The Times’s inquiry also found that Mr. Trump’s fortunes depend deeply on a wide array of financial backers, including one he has cited in attacks during his campaign.
Did you like these articles? What were your favorite articles this week?