Brandon Barton's Wordpress Blog

Enjoying Semi-Retirement by Keeping Up With the Kids Online.

What is a Tenant Estoppel Agreement?

from The Commercial Real Estate Show – Sponsored by Bull Realty https://www.youtube.com/watch?v=Nssv2OltbHs
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Integra’s Viewpoint 2018 on Hotel Occupancy and Rents

from The Commercial Real Estate Show – Sponsored by Bull Realty https://www.youtube.com/watch?v=D3j4JTDizVE
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Wildlife Center of Virginia to Present Educational Program in Harrisonburg on Saturday, March 3

The Wildlife Center of Virginia, a leading teaching and research hospital for native wildlife, will present “Legends of the Night: Owls”, a program about the owls that live around us, at Rocking R Hardware [1030 South High Street, Harrisonburg, VA 22803] on Saturday, March 3 at 9:00 a.m.

The program is free and open to the public.  

from Wildlife Center of Virginia RSS https://www.wildlifecenter.org/news_events/news/wildlife-center-virginia-present-educational-program-harrisonburg-saturday-march-3
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Bald Eagle #17-2705 update

On February 19, Bald Eagle #17-2705 was moved to flight pen A3 in preparation for exercise and flight conditioning. Wildlife rehabilitator Brie noted that several of the eagle’s feathers are broken; the eagle will likely need to be “imped” at some point prior to release. Imping is the process of replacing broken, missing, or damaged feathers with matching feathers from a donor bird. The rehabilitation staff will monitor the eagle’s initial flight attempts in the coming days; the imping procedure may need to be done so that the eagle can adequately fly to get in shape for release.

from Wildlife Center of Virginia RSS https://www.wildlifecenter.org/critter-corner/patient-updates/bald-eagle-17-2705-update-4
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Should Commercial Agents Specialize?

from The Commercial Real Estate Show – Sponsored by Bull Realty https://www.youtube.com/watch?v=e5O1NPnTZcA
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What is TI When Leasing Commercial Space?

from The Commercial Real Estate Show – Sponsored by Bull Realty https://www.youtube.com/watch?v=e5wjlvWj3F4
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Integra’s Viewpoint 2018 on Senior Housing Expectations

from The Commercial Real Estate Show – Sponsored by Bull Realty https://www.youtube.com/watch?v=CaQXYVaNSiQ
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How Will Rising Interest Rates Impact Property Values?

from The Commercial Real Estate Show – Sponsored by Bull Realty https://www.youtube.com/watch?v=jJCKYYNdSzA
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Integra’s Viewpoint 2018 on the Retail Sector

from The Commercial Real Estate Show – Sponsored by Bull Realty https://www.youtube.com/watch?v=5WWNDTeEk5k
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Sluggish start to 2018 after a record 2017

The big story of 2017 was threefold: the median sales price reached an all-time high; closed sales reached a 12-year high; and inventory levels reached a 15-year low. Sales nearly broke their all-time record, but fell just 12 units short of their all-time 2004 high. In January 2018, new listings posted a year-over-year decline for a third consecutive month. Because of the supply shortage, closed sales were lower compared to the year prior for a second consecutive month. For-sale housing supply (inventory) was about a quarter lower than January 2017. This shortage has created a competitive environment where multiple offers have become commonplace. Sellers are receiving strong offers close to their original list price in record time, which can sometimes frustrate home buyers. New construction pending sales rose nearly 14.0 percent compared to last January. Although single-family homes made up about 76.0 percent of all sales, townhomes were the only segment to show an increase in pending sales. Similarly, previously-owned homes made up about 91.0 percent of sales but new construction showed a much stronger increase in pending purchase activity.

January 2018 by the Numbers

• Sellers listed 4,041 properties on the market, a 7.8 percent decrease from January 2017
• Buyers closed on 2,758 homes, a 4.4 percent decrease from 2017
• Inventory levels for January fell 26.3 percent compared to 2017 to 6,875 units, near a 15-year low
• Months Supply of Inventory was down 27.8 percent to 1.3 months, a 15-year low
• The Median Sales Price rose 9.6 percent to $243,750, a record high for January
• Cumulative Days on Market declined 13.8 percent to 69 days, on average (median of 45)—a 12-year low
• Changes in sales activity varied by market segment

o Single-family sales fell 1.3 percent; condo sales fell 15.1 percent; townhome sales fell 8.5 percent
o Traditional sales fell 1.7 percent; foreclosure sales fell 21.8 percent; short sales fell 42.4 percent
o Previously-owned sales fell 3.8 percent; new construction sales fell 0.4 percent

 

 

from Blog – Minneapolis Area Association of Realtors https://www.mplsrealtor.com/blog/sluggish-start-to-2018-after-a-record-2017/
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