Redfin Predicts Homebuyers Will Leave High-Tax States in 2018 If SALT Deductions Are Eliminated

Redfin Predicts Homebuyers Will Leave High-Tax States in 2018 If SALT Deductions Are Eliminated

SEATTLE–(BUSINESS WIRE)–(NASDAQ: RDFN)—The 2018 housing market is expected to be shaped by continued demand for homeownership, tax reform's effect on affordability and low inventory. This is according to Redfin (www.redfin.com), the next-generation real estate brokerage, in its
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Data Sheet—The Virtues of Having a Beginner's Mind

Fortune's Jeff Roberts has written a lovely feature article, published online this morning, about another mature tech-industry leader with a beginner's mind. Alan Patricof, a seasoned venture-capital and private-equity investor, is 82 but has the hunger of a man a third his age. He found success with
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Are Investors Buying or Selling Edison International (EIX), and What Should You Do?

Recent insider trends for Edison International (NYSE:EIX) have caught the attention of investors. Patters in insider activity can help analysts formulate an outlook for a stock. In the case of EIX, the data has a lot to say about how the stock might perform going forward. Institutions own 82.87% of Edison
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Attention Seeking Stock – Oaktree Specialty Lending Corpo (NASDAQ: OCSL)

On Friday, Shares of Oaktree Specialty Lending Corpo (NASDAQ: OCSL) expressed a change of 0.63% and closed its trade at $4.79. The stock exchanged hands with 2,154,563 numbers of shares compared to its average daily volume of 760.80K shares. When trading is lighter than usual, it is said to
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M&G Investments taps RBS for new head of asset based lending

(Reuters) – UK-based investment manager M&G Investments named Oliver Wilson as head of asset based lending in the company's direct lending team. Wilson, who will be based in London, joins from Royal Bank of Scotland Group Plc's asset based lending division. (Reporting by Nikhil Subba in
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London 'Snowbomb' Blizzard Is Wreaking Havoc at US Airports Too

As snow covered the British capital on Sunday, Heathrow Airport, one of the busiest in the world, was forced to ground dozens of flights. Airlines canceled flights and travelers reported waiting for hours in line to speak to airline representatives or on the tarmac as flights were not permitted to depart.
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BNP Paribas Arbitrage SA Has $1.75 Million Position in Old Republic International Corporation …

Old Republic International logo BNP Paribas Arbitrage SA lowered its position in Old Republic International Corporation (NYSE:ORI) by 29.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned
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Term Sheet — Monday, December 11

Valor Equity Partners led the round, and was joined by investors including David Sacks, Bill Lee, and DRW. Read more at Fortune. • Menlo Security, a Menlo Park, Calif.-based provider of a cloud-based isolation platform, raised $40 million in funding from investors including American Express, HSBC,
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London property prices set to drop in 2018

Home values in the capital are likely to fall another 2 per cent in 2018 after a 1.8 per cent decline this year, the real estate website operator said Monday. In December alone, prices dropped 3.7 per cent in London and by 2.6 per cent nationally. The month usually sees a big seasonal slump. “Economic
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Does Alexandria Real Estate Equities, Inc. (ARE) Have Any Gas After Forming This Wedge Up?

published on July 07, 2017, Forbes.com published: “The #1 Real Estate Stock To Own Is Built On Trends – Alexandria Real Estate …” on May 20, 2017. More interesting news about Alexandria Real Estate Equities, Inc. (NYSE:ARE) were released by: Seekingalpha.com and their article: “Alexandria Real
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New York Port Authority Explosion: What We Know

Police and fire crews block off the streets near the New York Port Authority in New York City, U.S. December 11, 2017 after reports of an explosion. REUTERS/Edward Tobin. STAFF REUTERS. By Hallie Detrick. 8:32 AM EST. One male suspect has been taken into custody after an explosion earlier
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Healthcare trends to watch in real estate

Above: YUMA REGIONAL MEDICAL CENTER: In February 2016, McCarthy Building Companies completed a three-year, $115 million expansion and campus renovation of the YRMC, which included a 71,118 SF Emergency Department expansion, boosting bed capacity from 37 to 72. The 35-acre
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Hong Kong-listed Longfor subsidiary first to seek nod for China rental housing bonds

China's push to develop the rental housing sector is offering cash-strapped developers a way back to the onshore bond market after more than a year of issuance restrictions aimed at cooling down property prices. Longfor Chongqing Enterprise Development, a domestic subsidiary of Hong Kong-listed
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Ctrip.Com International Ltd (NASDAQ:CTRP) Shares Sold by Formula Growth Ltd.

Com International by 7.2% during the 3rd quarter. Skandinaviska Enskilda Banken AB publ now owns 65,748 shares of the company's stock valued at $3,468,000 after purchasing an additional 4,400 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Ctrip.
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Toronto Detached Real Estate Listings Are Up 146%

Toronto detached real estate demand is continuing to soften into the winter slump. Toronto Real Estate Board (TREB) numbers show that prices declined for a sixth month in a row. Last year's record shortage of inventory is starting to look a little more balanced, as frenzied buyers start to disappear.
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Riverview at 1700 Platte is uniquely located

“A lot of developers wanted the property and the owner said he'd sell to whoever found find him a replacement site he couldn't resist.” Eventually, Mosher did and the deal was done. With the title in hand, the true challenge was in determining exactly what to do with coveted real estate sitting just a bit
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Opinion: There's no way bitcoin's bust would trigger a recession

The 2008-09 recession was much worse, and the triggers it were far more powerful. The housing equity alone lost in that bust reached $7 trillion. The notional value of credit default swaps in the market was more than $60 trillion. The U.S. stock market lost $10 trillion in value, and U.S. households shed
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Turkey Economy Has Outgrown Stimulus Program, Erdogan Aide Says

Measures including backing loans through a credit guarantee fund were needed to spur the output in 2017, but now “fiscal policy and monetary policy should go hand in hand to reduce inflationary pressures,” Hatice Karahan told Bloomberg TV in London on Monday. The attempted coup in July 2016
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How financing a car affects claiming GST

I have kept a log book that shows my business usage is 70 per cent business and private usage is 30 per cent. How do I show the new car on my BAS – is it different for a lease, hire purchase and chattel mortgage? Also, can I claim the GST in one go or do I have to claim GST over the life of the finance?
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Trump Takes Credit for Killing Hundreds of Regulations That Were Already Dead

A Bloomberg News review has found even those claims are exaggerated. Hundreds of the pending regulations had been effectively shelved before Trump took office. Others listed as withdrawn are actually still being developed by federal agencies. Still more were moot because the actions sought in a
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