A study conducted by economists at the Federal Reserve Bank of New York and the University of Miami indicate a 95% decrease in home purchases by shell companies and other corporate entities in Miami-Dade County, according to an article by Nicholas Nehamas and Rene Rodriguez for the Miami Herald. However, there is speculation that shell companies are now “substituting” new ways to buy property.

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For the first time in nearly seven years, the American Land Title Association will soon have a new leader. The trade group, which represents more than 6,200 title insurance companies, title and settlement agents, independent abstracters, title searchers, and real estate attorneys, announced this week its longtime CEO, Michelle Korsmo, is stepping down to move to a vastly different industry.

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The 189,481-square-foot 601 McCarthy office building in Milpitas, CACredit: Vantage Point Photography San Francisco-based GI Partners, a full-service private equity investment firm, purchased a 189,481-square-foot office building in Milpitas, CA from a joint venture between Embarcadero Capital Partners and True North Management Group. 601 McCarthy sold for an undisclosed price. The recently renovated building at 601 McCarthy Blvd. was developed...

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I hired a contractor who was highly recommended by several people in my neighborhood to take a look at my central air because the second floor was not getting cool. He was very thorough and spent 2 hours checking over the system and answering my questions. He did the following: -inspected ductwork and filter -adjusted a damper on the first floor -vacuumed out the furnace and cleaned the flame sensor -checked the upstairs vents -added 1/4lb freon -sealed through wall...

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Homeowners in Atlanta will soon have a new outlet when it comes time to sell their house – Zillow. Beginning in the fall of this year, Atlanta homeowners will be able to sell their home directly to Zillow, if they so choose. The move into Atlanta is an expansion of Zillow’s direct buying program, Zillow Offers, which the company launched earlier this year.

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RealPage subsidiary Kigo, a vacation rental booking and management platform, is a launching a new program targeted at managing short-term rentals in multifamily properties. The launch of this product comes at a time when short-term rentals are a hot-button topic for the industry, and while some multifamily entities are against short-term rentals, RealPage is leaning into the issue.

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